NOT LISTED FOR SALE

10116 E Cavedale Dr Unit 263 Scottsdale, AZ 85262

Estimated Value: $5,444,000 - $7,250,123

1.59 Acres
$4,146,147 Price per Acre
69,260 Sq Ft Lot

Last Sold August 31, 2017

Last sale price $840,000

Est. 685% increase in value since last sale

Current estimated payment $36,430/month

1,880 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Hilly Lot
  • Sonoran Trails Middle School Rated A-
  • City Lights View
  • Property is near a golf course

About This Lot

As of August 2017

Exceptional opportunity to own this 1.6 acre, elevated, custom view lot in the exclusive Estancia community overlooking the back nine of the world renowned Tom Fazio designed golf course! One of the highest elevation lot bragging rights & one of the largest lots within the prestigious community. Located on a cul-de-sac, site boasts an 19,615 sq ft building envelope that is nestled against the base of the famous Pinnacle Peak mountain. Stellar estates can be found on this street and throughout the community. Dramatic surrounding terrain provides an exceptional backdrop for your dream home w/views of Pinnacle Peak, two golf course fairways, Four Peaks, Estancia Lake as well as Troon lights. All utilities on site of this gently sloping hillside lot, ready for your architectural masterpiece.

Last Agent to Sell the Property

Cindy Metz

Russ Lyon Sotheby's International Realty License #SA579643000 Listed on: 05/31/2012

Russ Lyon Sotheby's International Realty

Co-Listed By

Kathy Reisdorf

Russ Lyon Sotheby's International Realty License #SA574840000

Last Buyer's Agent

Will Foote

Russ Lyon Sotheby's International Realty License #SA561829000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,041

Lot Details

  • 1.59 Acre Lot
  • Hilly Lot
  • Property is zoned R4R

HOA Fees

  • $324 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Location

  • Property is near a golf course

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Listing and Financial Details

  • Tax Lot 263
  • Assessor Parcel Number 216-84-289

Community Details

Overview

  • Estancia Association, Phone Number (480) 342-9174
  • Estancia Phase 5 Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$4,041

Lot Details

0

HOA Fees

$324 per month

Listing Details

  • Cross Street: Pima & Dynamite
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Topography: Hillside
  • Zoning: R4R
  • Tax Year: 2016
  • Directions: East on Dynamite approximately 1 mile to Estancia Gatehouse. Meet agent at Gatehouse to be escorted to Lot #263.
  • Horses: No
  • Lot Size Acres: 1.59
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: Estancia Phase 5
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Golf Course Subd, City Light View(s), Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 972.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-342-9174
  • Association Fee: 972.0
  • Association Fee Frequency: Quarterly
  • Association Name: Estancia
  • Phone: 480-342-9174
  • Association: Yes

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 69060.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 216-84-289
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4041.0
  • Tax Book Number: 216.00
  • Tax Lot: 263
  • Tax Map Number: 84.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2012
Closed on
Jul 25, 2017
Sold by
Wagner Jeffrey J
Bought by
Fred Stuart and Fred Paula
Seller's Agent
Cindy Metz
Russ Lyon Sotheby's International Realty
Buyer's Agent
Will Foote
Russ Lyon Sotheby's International Realty
List Price
$849,000
Sold Price
$840,000
Premium/Discount to List
-$9,000
-1.06%
Current Estimated Value
$6,592,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,752,374
Avg. Annual Appreciation
27.85%

Purchase Details

Closed on
Aug 31, 2010
Sold by
Two Six Three Invesments Llc
Bought by
Wagner Jeffrey

Purchase Details

Closed on
Dec 22, 2005
Sold by
Hale Thomas W and Mckenna Kelly P
Bought by
Two Six Three Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2005
Sold by
Mckenna Leslie A
Bought by
Mckenna Kelly P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2005
Sold by
Hale Elizabeth M
Bought by
Hale Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,500
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2005
Sold by
Sierka Raymond A and Sierka Paula
Bought by
Saguaro Ranch Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2004
Sold by
Sierka Raymond A and Sierka Jeanne
Bought by
Sierka Raymond A and Sierka Paula

Purchase Details

Closed on
Aug 2, 2004
Sold by
Smith Ferdinand J and Smith Elaine
Bought by
Sierka Raymond A and Sierka Jeannie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 1999
Sold by
Estancia Development Associates Llc
Bought by
Smith Ferdinand J and Smith Elaine
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fred Stuart $840,000 First American Title Insuran
Wagner Jeffrey $353,321 None Available
Two Six Three Investments Llc -- Grand Canyon Title Agency In
Two Six Three Investments Llc -- First American Title Ins Co
Mckenna Kelly P -- Russ Lyon Title Llc
Hale Thomas W -- Russ Lyon Title Llc
Hale Thomas W $1,350,000 Russ Lyon Title Llc
Saguaro Ranch Development Corp $1,744,200 Title Security Agency Of Az
Sierka Raymond A -- Title Security Agency Of Az
Sierka Raymond A $649,000 Ticor Title Agency Of Az Inc
Smith Ferdinand J $650,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fred Stuart $3,000,000
Closed Fred Stuart $3,000,000
Closed Fred Stuart $2,405,000
Previous Owner Two Six Three Investments Llc $1,554,000
Previous Owner Two Six Three Investments Llc $250,000
Previous Owner Mckenna Kelly P $250,000
Previous Owner Hale Thomas W $1,012,500
Previous Owner Hale Thomas W $250,000
Previous Owner Saguaro Ranch Development Corp $600,000
Previous Owner Sierka Raymond A $519,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $840,000 -1.1% --
07/24/2017 07/24/17 Pending -- -- --
05/31/2012 05/31/12 For Sale $849,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,792 $214,115 -- --
2024 $11,278 $203,919 -- --
2023 $11,278 $382,870 $76,570 $306,300
2022 $10,865 $276,060 $55,210 $220,850
2021 $4,548 $107,040 $107,040 $0
2020 $4,467 $88,110 $88,110 $0
2019 $4,334 $86,175 $86,175 $0
2018 $4,214 $86,925 $86,925 $0
2017 $4,059 $89,685 $89,685 $0
2016 $4,041 $89,415 $89,415 $0
2015 $4,076 $84,784 $84,784 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4766976

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-84-289