NOT LISTED FOR SALE

11431 N 87th Place Scottsdale, AZ 85260

Estimated Value: $1,805,000 - $2,180,000

3 Beds
3.5 Baths
4,216 Sq Ft
$479/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $785,000 $186 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $11,339/month

60 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • Mountain View
  • Cochise Elementary School Rated A
  • Gated Community
  • Vaulted Ceiling

About This Home

As of August 2016

Another Price Reduction! Priced under market. Seller is motivated to sell, bring us an offer! Fantastic newer home in gated subdivision of Scottsdale. Vaulted ceilings throughout with very open floorplan & lots of windows providing excellent natural light. Entertain in large kitchen with GE Kitchen Aid appliances, granite counters and upgraded kitchen cabinets. Kitchen opens up into large great room with views of the McDowell Mountains from almost every window on backside of home. Each bedroom has it's own bathroom & there is also a 1/2 bath for guests. Master suite is huge with sitting area and very large master bath and walk-in closet. Property sits on 1/2 acre lot with pebble tec diving pool and spa. Close to the 101 FWY & plenty of shops, restaurants & nightlife. This house sits within the school boundaries of Cochise, Cocopah & Chaparral which are all excellent schools

Last Agent to Sell the Property

Brad Bohn

Desert Dimensions Properties License #BR526418000 Listed on: 03/28/2016

Last Buyer's Agent

Pooyan Mesdaghi

HomeSmart License #SA650573000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,227

Year Built

  • Built in 2006

Lot Details

  • 0.5 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 4,216 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Fire Sprinkler System

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Spa
  • Private Pool
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

  • Cochise Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 175-13-177

Community Details

Overview

  • Association fees include ground maintenance
  • Peterson Company Association, Phone Number (480) 513-6846
  • Built by Pinnacle
  • Pinnacle At Cholla Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,227

Year Built

Built in 2006

Lot Details

0

HOA Fees

$150 per month

Parking

3

Listing Details

  • Cross Street: Shea and 84th Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 150.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Spa Private: Yes
  • Tax Year: 2015
  • Directions: North on 84th Street, East on Cholla to 87th Place, North thru gate. House is 2nd on the right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.5
  • Subdivision Name: Pinnacle at Cholla
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 150.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 4216.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Playground, Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back
  • Pool Features: Diving Pool, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association Name: Pinnacle at Cholla
  • Phone: 480-513-6846
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Pinnacle at Cholla
  • Association Fees:HOA Telephone4: 480-513-6846
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Peterson Company
  • Association Fees:HOA Management Phone: 480-513-6846
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Cochise Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21654.0
  • Parcel #: 175-13-177
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Pinnacle

Tax Info

  • Tax Annual Amount: 4227.0
  • Tax Book Number: 175.00
  • Tax Lot: 2
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Aug 1, 2016
Sold by
Lampe Maciej
Bought by
Mesdaghi Pooyan
Seller's Agent
Brad Bohn
Desert Dimensions Properties
Buyer's Agent
Pooyan Mesdaghi
HomeSmart
List Price
$900,000
Sold Price
$785,000
Premium/Discount to List
-$115,000
-12.78%
Current Estimated Value
$2,019,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,234,853
Avg. Annual Appreciation
10.88%
Original Mortgage
$417,000
Outstanding Balance
$332,717
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,687,136

Purchase Details

Closed on
Jun 16, 2009
Sold by
Malcolm & Burmeister Llc
Bought by
Lampe Maciej

Purchase Details

Closed on
Aug 17, 2005
Sold by
Pb Colina Vista Project Llc
Bought by
Ervanian Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,200
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2005
Sold by
Vestar Lllc
Bought by
Pb Colina Vista Project Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,215,000
Interest Rate
6.02%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Mesdaghi Pooyan $785,000 First American Title Ins Co
Lampe Maciej $658,000 Security Title Agency
Ervanian Renee $330,000 --
Pb Colina Vista Project Llc $3,760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mesdaghi Pooyan $417,000
Previous Owner Ervanian Renee $661,200
Previous Owner Pb Colina Vista Project Llc $3,215,000
Closed Pb Colina Vista Project Llc $752,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $785,000 -1.9% $186 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
05/17/2016 05/17/16 Price Changed $800,000 -1.8% $190 / Sq Ft
05/02/2016 05/02/16 Price Changed $815,000 -4.1% $193 / Sq Ft
04/26/2016 04/26/16 Price Changed $850,000 -5.6% $202 / Sq Ft
03/28/2016 03/28/16 For Sale $900,000 0.0% $213 / Sq Ft
07/20/2013 07/20/13 Rented $3,800 -2.6% --
07/16/2013 07/16/13 Under Contract -- -- --
06/29/2013 06/29/13 For Rent $3,900 -- --
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 $5,252 $86,487 -- --
2024 $5,184 $82,368 -- --
2023 $5,184 $117,680 $23,530 $94,150
2022 $4,888 $86,030 $17,200 $68,830
2021 $5,230 $78,460 $15,690 $62,770
2020 $5,180 $80,110 $16,020 $64,090
2019 $4,977 $77,800 $15,560 $62,240
2018 $4,800 $78,400 $15,680 $62,720
2017 $4,572 $76,530 $15,300 $61,230
2016 $4,472 $73,410 $14,680 $58,730
2015 $4,227 $69,880 $13,970 $55,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5419274

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-13-177