NOT LISTED FOR SALE

11008 E Jimson Loco Ln Scottsdale, AZ 85262

Estimated Value: $1,764,000 - $2,510,000

4 Beds
5 Baths
4,645 Sq Ft
$460/Sq Ft Est. Value

About This Home

This home is located at 11008 E Jimson Loco Ln, Scottsdale, AZ 85262 and is currently estimated at $2,138,401, approximately $460 per square foot. 11008 E Jimson Loco Ln is a home located in Maricopa County with nearby schools including Black Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Santa Fe Investment Group Llc
Bought by
Vereen Steve Russell and Vereen Karen F
Current Estimated Value
$2,138,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,064,000
Outstanding Balance
$11,029,355
Interest Rate
5.22%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$9,007,313

Purchase Details

Closed on
Jul 23, 2021
Sold by
Vereen Steven R and Vereen Karen F
Bought by
Santa Fe Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
2.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2021
Sold by
Vereen Steven R and Vereen Karen F
Bought by
Santa Fe Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
2.96%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2020
Sold by
Vereen Steven R and Vereen Karen F
Bought by
Santa Fe Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2018
Sold by
Vereen Steven R and Vereen Karen F
Bought by
Santa Fe Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2017
Sold by
Vereen Steven R and Vereen Karen
Bought by
Santa Fe Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,450
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2009
Sold by
Sierra Business Development Llc
Bought by
Santa Fe Investment Group Llc

Purchase Details

Closed on
May 18, 2009
Sold by
Sierra Business Development Inc
Bought by
Sierra Business Development Llc

Purchase Details

Closed on
Nov 20, 2008
Sold by
Terraca Ventures Llc
Bought by
Sierra Business Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2008
Sold by
Blume Elbert G and Blume Susan J
Bought by
Terraca Ventures Llc

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
5.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 28, 2005
Sold by
Blume Custom Homes Inc
Bought by
Blume Elbert G and Blume Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$848,400
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 1, 2004
Sold by
Kusse Charles F
Bought by
Blume Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2001
Sold by
Construction Mtg Security Corp
Bought by
Kusse Charles F
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Vereen Steve Russell -- First American Title
Santa Fe Investment Group Llc -- Premier Title Agency
Vereen Steven R -- Premier Title Agency
Santa Fe Investment Group Llc -- Premier Title Agency
Vereen Steven R -- Premier Title Agency
Santa Fe Investment Group Llc -- Premier Title Agency
Vereen Steven R -- Premier Title Agcy Uninsured
Santa Fe Investment Group Llc -- Accommodation
Vereen Steven R -- Driggs Title Agency Inc
Santa Fe Investment Group Llc -- Accommodation
Vereen Steven R -- Driggs Title Agency Inc
Santa Fe Investment Group Llc -- None Available
Sierra Business Development Llc -- None Available
Sierra Business Development Inc -- First American Title
Terraca Ventures Llc $1,700,000 Arizona Title Agency Inc
Blume Elbert G -- First American Title Ins Co
Blume Custom Homes Inc $205,100 First American Title Ins Co
Kusse Charles F $159,000 Land Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vereen Steven Russell $11,064,000
Previous Owner Vereen Steve Russell $11,064,000
Previous Owner Vereen Steven R $85,000
Previous Owner Vereen Steven R $359,000
Previous Owner Vereen Steven R $325,000
Previous Owner Santa Fe Investment Group Llc $203,000
Previous Owner Vereen Steven R $142,450
Previous Owner Sierra Business Development Inc $1,000,000
Previous Owner Terraca Ventures Llc $600,000
Previous Owner Blume Elbert G $848,400
Previous Owner Blume Custom Homes Inc $164,000
Source: Public Records

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 $6,504 $118,089 -- --
2024 $6,220 $112,466 -- --
2023 $6,220 $124,330 $24,860 $99,470
2022 $5,992 $102,010 $20,400 $81,610
2021 $6,712 $100,220 $20,040 $80,180
2020 $7,040 $104,020 $20,800 $83,220
2019 $6,829 $103,730 $20,740 $82,990
2018 $6,642 $97,170 $19,430 $77,740
2017 $6,397 $93,210 $18,640 $74,570
2016 $6,368 $87,970 $17,590 $70,380
2015 $6,022 $86,230 $17,240 $68,990
Source: Public Records

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