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Sold for $3,400,000
  • $3,400,000

    4912 E ARROYO VERDE Drive, Paradise Valley, AZ 85253

    4beds
    3,915sqft
    Single Family Residence
    Built in 1972
    1 Acres Lot
    $3,410,900 Zestimate®
    $868/sqft
    $6,996 Estimated rent

    Home value

    $3,410,900

    $3.14M - $3.72M

    $6,996/mo

    Zestimate® history
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    $15,536/mo

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    $15,536/mo

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    What's special

    Situated on a near 1-acre cul-de-sac lot near Resort Row, with striking Camelback Mountain and Echo views, this flat, non-hillside, sewer-connected parcel offers exceptional flexibility in one of Paradise Valley's most desirable central locations . The existing residence is structurally solid and fully livable, having operated successfully as a rental for the past five years. It provides immediate usability and income potential. This creates a rare opportunity for a buyer to occupy, renovate thoughtfully over time, or land bank while collecting rental income in a premier redevelopment corridor. Surrounded by active and recently completed $10M+ estate construction, the location strongly supports a custom luxury build, high-end remodel, or strategic Hold.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine Labelle 602-740-5712,

    Compass

    Bought with:

    Brad Qualley, SA641643000

    Realty ONE Group

    Source: ARMLS,MLS#: 6983586MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Electric, Natural Gas
    Cooling
    • Heat Pump, Central Air
    Appliances
    • Included: Built-in Microwave, Dishwasher
    Features
    • Granite Counters, Double Vanity, Full Bth Master Bdrm
    • Has basement: No
    • Number of fireplaces: 3
    • Fireplace features: Gas
    Interior area
    • Total structure area: 3,915
    • Total interior livable area: 3,915 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Circular Driveway
    • Garage spaces: 3
    • Uncovered spaces: 4
    Features
    • Stories: 1
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: Outdoor Pool
    • Spa features: None
    • Fencing: Block
    Lot
    • Size: 1 Acres
    • Features: Desert Front, Cul-De-Sac, Gravel/Stone Back
    Details
    • Parcel number: 16923015

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame
    • Roof: Foam
    Condition
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    • Utilities for property: Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: ARROYO VERDE
    HOA
    • Has HOA: No
    • Services included: No Fees
    Location
    • Region: Paradise Valley

    Financial & listing details

    • Price per square foot: $868/sqft
    • Tax assessed value: $2,544,500
    • Annual tax amount: $6,603
    • Date on market: 2/12/2026
    • Cumulative days on market: 37 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/20/2026Sold$3,400,000-2.2%$868/sqft
    Source: ARMLS #6983586 Report a problem
    2/12/2026Listed for sale$3,475,000+55058.7%$888/sqft
    Source: ARMLS #6983586 Report a problem
    1/10/2024Sold$6,300+14.6%$2/sqft
    Source: Agent Provided Report a problem
    1/10/2024Listing removed--
    Source: Zillow Rentals Report a problem
    11/28/2023Price change$6,300-6%$2/sqft
    Source: Zillow Rentals Report a problem
    11/1/2023Price change$6,700-4.3%$2/sqft
    Source: Zillow Rentals Report a problem
    10/20/2023Listed for rent$7,000+27.4%$2/sqft
    Source: Zillow Rentals Report a problem
    9/26/2020Listing removed$5,495$1/sqft
    Source: Bennett Property Management Report a problem
    9/25/2020Sold$5,495-99.5%$1/sqft
    Source: ARMLS #6105859 Report a problem
    8/5/2020Price change$5,495-8.3%$1/sqft
    Source: Bennett Property Management Report a problem
    7/21/2020Price change$5,995-14.4%$2/sqft
    Source: Bennett Property Management Report a problem
    7/15/2020Listed for rent$7,000$2/sqft
    Source: Bennett Property Management Report a problem
    11/30/2017Listing removed$1,149,000$293/sqft
    Source: Realty Executives #5667056 Report a problem
    10/10/2017Price change$1,149,000-2.5%$293/sqft
    Source: Realty Executives #5667056 Report a problem
    9/29/2017Listed for sale$1,178,000+39.4%$301/sqft
    Source: Realty Executives #5667056 Report a problem
    8/25/2004Sold$845,000+24.6%$216/sqft
    Source: ARMLS #2116701 Report a problem
    12/27/2002Sold$678,000$173/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,550 +4.6%$254,450 +0.6%
    2024$6,261 -13.4%$252,980 +121.8%
    2023$7,234 +3.4%$114,069 -20.3%
    2022$6,994 +3%$143,080 +10.1%
    2021$6,788 +3.9%$129,910 -1.8%
    2020$6,532 +4.2%$132,330 +13.8%
    2019$6,268 $116,280 +26.6%
    2018$6,268 +4.5%$91,870 +6.4%
    2017$5,997 +8.5%$86,330 -4.4%
    2016$5,529 +4%$90,310
    2015$5,315 $90,310 +22.8%
    2014-- $73,530 +0.3%
    2013-- $73,320
    2012-- $73,320 -17.2%
    2011-- $88,570 -20.7%
    2010-- $111,700 -17.6%
    2009-- $135,580 +0%
    2008-- $135,550 +24.3%
    2007-- $109,050 +64.9%
    2006-- $66,150
    2005-- $66,150 -0.3%
    2004-- $66,350
    2003-- $66,350 +18.8%
    2002-- $55,850
    Find assessor info on the county website

    Neighborhood: 85253

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Kiva Elementary School
    • Middle: Mohave Middle School
    • High: Saguaro High School
    • District: Scottsdale Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,410,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,410,900