4515 N ROYAL PALM Circle 2, Phoenix, AZ 85018

$3,450,000

Property Type: Land Lot Size (sq. ft.): 115,744 Status: Closed

Current Price: $3,450,000 List Date: 4/14/2014 Last Modified: 10/20/2015

Description

Very rare approx 3 acre parcel located in the heart of Arcadia. Beautiful views of Camelback mountain and a perfect location to build 2-3 homes (subject to city approval) or a beautiful estate lot at the end of a quiet cul-de-sac. Let's make a deal as seller is ready to sell and may provide some financing.

More Information MLS# 5100674

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $3,450,000 Sold Price: $3,450,000 Status: Closed List Date: 2014-04-14

Location, Tax & Legal

Lot #: 2 Assessor's Map #: 21 Legal Description (Abbrev): EARL ESTATES Assessor's Parcel #: 16 Assessor Parcel Ltr: A Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 108000 Taxes: 12432 Map Code/Grid: P36 House Number: 4515 Compass: N Street Name: ROYAL PALM St Suffix: Circle City/Town Code: Phoenix State/Province: AZ Zip Code: 85018 Zip4: 3014 County Code: Maricopa Assessor Number: 172-21-016-A Subdivision: Earl Estates Tax Year: 2013

General Property Description

Apx Total Acres: 2.66 Apx Total Acres G/N: G Price Per Acre: 1860902.25 Apx SqFt: 115744 Price Per SqFt: 42.76 Apx SqFt G/N: G Lot Size Dimensions: Irr Horses: N Elementary School: Hopi Elementary School Jr. High School: Ingleside Middle School Zoning: R-35

Legal Info

Range: 4E Section: 20 Township: 2N Lot Number: 2

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 4950000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Existing Land Use

Residential Lot: 1 Residential Acreage: 1

Zoned Presently

Single Family: 1

Potential Use

Single Family: 1

Parcel Size

2.50 - 4.99 Acres: 1

Land Features

Cul-De-Sac: 1 Corner Lot: 1 North/South Exp: 1

View

Mountain(s): 1

Elevation

1,001 - 2,000 Ft: 1

Elevation Source

Owner: 1

Vegetation

Treed: 1

Land Configuration

Square Rectangular: 1

Road Surface Type

Asphalt: 1

Traffic Count

Not Available: 1

Water Source

City Franchise: 1

Sewer

No Sewer/Septic: 1

Electric

SRP: 1

Topography

Level: 1

Gas

SW Gas: 1

Existing Structures

None: 1

Distance to Cable

Within 1/2 Mile: 1

New Financing

Cash: 1 Conventional: 1 Owner May Carry: 1

Distance to Phone

On Property: 1

Distance to Water

On Property: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

On Property: 1

Existing 1st Loan Type

Not Applicable: 1

Distance to Gas

Within 1/2 Mile: 1

Existing 1st Loan Terms

Not Applicable: 1

Distance to Sewer

Within 1/2 Mile: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 480-502-7838 List Agent Cell Phn2: 480-329-1704

Existing Other Loan

Not Applicable: 1

Seller May Carry (SMC) Payment

Quarterly: 1 Interest Only: 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: % Seller Concession to Buyer: 0 Seller Concession $/%: %

Remarks Misc

Cross Street: Arcadia Drive & Camelback Directions: Rubicon to Exeter west to Royal Palm, north to end of cul-de-sac Geo Lat: 33.503069 Geo Lon: -111.971898

Status Change Info

Off Market Date: 2014-11-12 Under Contract Date: 2014-11-10 Close of Escrow Date: 2014-12-15 Sold Price: $3,450,000

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot; Residential Acreage Zoned Presently: Single Family Potential Use: Single Family Parcel Size: 2.50 - 4.99 Acres Land Features: Cul-De-Sac; Corner Lot; North/South Exp View: Mountain(s) Elevation: 1,001 - 2,000 Ft Elevation Source: Owner Vegetation: Treed Land Configuration: Square Rectangular Road Surface Type: Asphalt Traffic Count: Not Available Topography: Level Existing Structures: None Water Source: City Franchise Sewer: No Sewer/Septic Electric: SRP Gas: SW Gas Distance to Cable: Within 1/2 Mile Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: Within 1/2 Mile Distance to Sewer: Within 1/2 Mile Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional; Owner May Carry Seller May Carry (SMC) Payment: Quarterly; Interest Only Environmental: None

Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: October - 20 - 2015