2 months on rocket

1516 E Paradise Ln -, Unit Phoenix, AZ, 85022

$750,000

1.44 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #6766879
Lot Size1.44 Acres
StatusActive

About 1516 E Paradise Ln -

Prime Building Opportunity! An incredible chance to develop six homes, with complete plans ready for execution. This is ideal for a small builder or anyone looking to create a charming rental community. Each home offers approximately 3,000 square feet, featuring three bedrooms, an office/den, four and a half bathrooms, spacious view decks, and two-car garages with direct access. While the subdivision is platted as a condominium, all homes are free-standing with no shared walls. Lookout Mountain views and within walking distance to hiking trails.

Property Details

Property Features

Listing Office:

  • Office Name: Griggs's Group Powered by The Altman Brothers
  • Office Phone: (480) 788-0929
  • Listing Agent: Scott Grigg, Kevin S Petruska

Lot Features

Lot Information:

  • Lot: East/West Exposure
  • Lot Size: 1.44 Acres

Other

Directions Information:

  • Directions: FROM GREENWAY PKWY, GO SOUTH ON 16TH ST. TURN RIGHT ONTO PARADISE LN. LOT WILL BE ON THE RIGHT (NORTH) SIDE OF STREET.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

Med. Sold Price

$452.3K

Med. Price/SqFt

$285

Avg. Days On Market

63

# of Sold Homes

1138

1516 E Paradise Ln - vs Phoenix

60 DAYS ON ROCKET

-3 Days

$750,000

+$297.6K More

KEY TAKEAWAY

This property is $297.6K more than the Median Sold Price in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6766879

Listing Office:

  • Office Name: Griggs's Group Powered by The Altman Brothers
  • Office Phone: (480) 788-0929
  • Listing Agent: Scott Grigg, Kevin S Petruska

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-33544
1
/10
  • Echo Mountain Primary School

  • 1811 E Michigan Ave # 3

  • 1.23 miles

  • Public District Grades PK-3

school-card-donut-33545
2
/10
  • Echo Mountain Intermediate School

  • 1811 E Michigan Ave # 3

  • 1.24 miles

  • Public District Grades 4-6

school-card-donut-33546
7
/10
  • Hidden Hills Elementary School

  • 1919 E Sharon Dr

  • 1.63 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,565. The most common annual income of people living in Phoenix, AZ is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 E Paradise Ln -

What is the listing price of this property?

The listing price of 1516 E Paradise Ln - property is $750,000.

What type of property is this?

The property 1516 E Paradise Ln - is land located in Unit Phoenix, Arizona, 85022.

Is this property for sale now?

Active Listing: 1516 E Paradise Ln - is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1516 E Paradise Ln - is 1.44 acres.
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Rocket HomesArizonaMaricopa CountyPhoenix850221516 E Paradise Ln -

This home is located at 1516 E Paradise Ln - in Unit Phoenix, AZ and zip code 85022 in the North Mountain neighborhood. This home sits on a 1.44 acre lot. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $750,000.

Over 201 listings were sold over their listed price in November 2024 in Phoenix, AZ. In the same period over 636 listings were sold below the listed price and 301 listings were sold for the listed price. Between October 2024 and November 2024, Phoenix, AZ real estate market has seen decrease in the number of listings by 1.4%. The median list price of listings available in November 2024 was $452,345, while the average time on the real estate market was 63 days.

From Rocket Homes Real Estate and based on county public records data.

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