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5023 East Red Rock Drive

5023 East Red Rock Drive, Phoenix, AZ 85018
1 Units For Sale
Unit for sale at 5023 E RED ROCK Drive, Phoenix, AZ 85018

$2,500,000 ↓ $250K

  • Land
5023 E RED ROCK Drive #39, Phoenix, AZ 85018 Listing by Sarah DeCaussin

Local assessors in Phoenix, AZ have categorized 5023 East Red Rock Drive as a vacant type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 101,037 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a roof that is made of asphalt and ply sheets in a built-up roof style. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5023 East Red Rock Drive sold most recently in Feb 20, 2024 for a total of $2,100,000. If you work out the math, that's approximately a cost of $639.66 per sqft. Before that, the property was also sold for $1,025,000 in Sep 1, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,458 in taxes each year. 5023 East Red Rock Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $217,950. If we break it down further, the land itself was valued at $217,950. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200704
07/04/2020
Loft
-
-
$1,200,000
bedrooms
Loft
bathrooms
-
-
-
-
-
20190605
06/05/2019
Loft
-
-
$1,395,000
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1973
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Built-up
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 101,037
  • Total Building Area: 3,283
  • Building Area: 3,283

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Vacant
  • Subdivision: RED ROCK NORTH
  • Land Acres: 2.32
  • Standard Land Use Code: Residential-vacant land
  • County Land Use Code: Pipeline or right-of-way
  • State Land Use Code: Pipeline or right-of-way
  • Legal Description 1: RED ROCK NORTH MCR 75/12

Ownership

  • Current Owner : ANARM TRUST
  • Current Owner 2: MADI
  • Previous Owner : MORSTAD MATT
  • Previous Owner 2: MORSTAD LAUREN
  • Owner Before Previous Owner: DROMEDARY CAMELBACK INVESTMENTS LLC
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 107900

Zoning

  • Zoning: R-35

Geography

  • Assessors Map Reference: 7512
  • Parcel: 172-48-010
  • Lot: 39
  • Municipality: PHOENIX
  • Latitude: 33.5152
  • Longitude: -111.97

    Address

  • Full Address: 5023 E Red Rock Dr
  • Address - House Number: 5023
  • Street Direction: E
  • Address - Street Name: Red Rock
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C041
  • 4-Digit Zip Code: 1800
  • Zip Code: 85018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,458
  • Tax Rate Code Area: 481300

    Market Valuation

  • Market Total Value: $1,453,000
  • Market Land Value: $1,453,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,950
  • Assessed Land Value: $217,950

    Sales

  • Current Sale Contract Date: Feb 20, 2024
  • Current Sale Recording Date: Feb 20, 2024
  • Current Sale Transaction ID: 11921250937
  • Current Sale Price: $2,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 84313
  • Previous Sale Recording Date: Sep 04, 2020
  • Previous Sale Contract Date: Sep 01, 2020
  • Previous Sale Amount: $1,025,000
  • Previous Sale Document Type: Warranty Deed

About Camelback East



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Frequently Asked Questions

What neighborhood is 5023 East Red Rock Drive located in?
The 5023 East Red Rock Drive is a land located in the neighborhood of Red Rock North in Camelback East, Phoenix.
How many listings are currently for sale in 5023 East Red Rock Drive?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 5023 East Red Rock Drive?
The average sales price for units in 5023 East Red Rock Drive is $2,500,000 currently.

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