NOT LISTED FOR SALE

11503 N 87th Place Scottsdale, AZ 85260

Estimated Value: $2,142,000 - $2,467,000

4 Beds
4 Baths
4,769 Sq Ft
$478/Sq Ft Est. Value

Last Sold March 12, 2012

Last sale price $740,000 $155 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $13,017/month

85 Days on Market

Highlights

  • RV Gated
  • Gated Community
  • Santa Barbara Architecture
  • Cochise Elementary School Rated A
  • Wood Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of March 2012

Hard to find newer build 4CG Executive Home tucked away in a gated Scottsdale community near hospital, golf, shopping, restaurants - Chaparral High School!! This meticulously maintained, beautiful home is move in ready and includes top of the line finishes including tumbled travertine, wood, granite, alder cabinetry, Viking appliances and so much more! This home is an entertainer's delight that includes a large open concept floorplan, wet bar, and a wall of french doors in the living area. Master bedroom is separate from remaining guest suites and includes his/hers everything along with a sitting/exercise area and a private interior patio. Low maintenance landscape includes synthetic lawn with putting green

Last Agent to Sell the Property

Karen Gangsei

Premier Homes of Arizona License #BR109519000 Listed on: 11/14/2011

Last Buyer's Agent

Kellie Parten

HomeSmart License #SA562752000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,029

Year Built

  • Built in 2006

Lot Details

  • 0.51 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 4 Car Garage
  • 1 Open Parking Space
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • RV Gated

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,769 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • 1 Fireplace
  • Solar Screens

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Fire Sprinkler System

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

Additional Features

  • No Interior Steps
  • Patio

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 175-13-180

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Peterson Company Association, Phone Number (480) 513-6846
  • Built by Pinnacle Builders
  • Colina Vista Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,029

Year Built

Built in 2006

Lot Details

0

HOA Fees

$150 per month

Parking

4

Listing Details

  • Cross Street: Cactus/84th St.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Total Monthly Fee Equivalent: 150.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Tax Year: 2011
  • Directions: South on 84th St, East on Cholla, North on 87th Place
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.51
  • Subdivision Name: Colina Vista
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Pane Wndws, Load Controller, Multi-Zones
  • 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

  • Basement: None
  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Breakfast Bar, Fire Sprinklers, No Interior Steps, Wet Bar, Kitchen Island, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 4769.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • Kitchen Features:RangeOven Elec: Yes
  • 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
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, RV Gate
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Over Height Garage: 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
  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association Name: Pinnacle at Cholla
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Pinnacle at Cholla
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Peterson Company
  • Association Fees:HOA Management Phone: 480-513-6846
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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

  • Lot Size Sq Ft: 22018.0
  • Parcel #: 175-13-180
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Pinnacle Builders

Tax Info

  • Tax Annual Amount: 4029.0
  • Tax Book Number: 175.00
  • Tax Lot: 5
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2011
Closed on
Feb 28, 2012
Sold by
Sarwar Barbara Duce
Bought by
Hughes James K and Hughes Janet K
Seller's Agent
Karen Gangsei
Premier Homes of Arizona
Buyer's Agent
Kellie Parten
HomeSmart
List Price
$789,000
Sold Price
$740,000
Premium/Discount to List
-$49,000
-6.21%
Current Estimated Value
$2,279,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,539,220
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
Aug 2, 2010
Sold by
Sarwar Barbara Duce
Bought by
Sarwar Barbara Duce and Barbara Duce Sarwar Trust

Purchase Details

Closed on
Mar 25, 2009
Sold by
Ing Bank Fsb
Bought by
Sarwar Mohammad and Sarwar Barbara D

Purchase Details

Closed on
May 30, 2008
Sold by
Mata Gabriela
Bought by
Ing Bank Fsb

Purchase Details

Closed on
May 8, 2007
Sold by
Kassler David
Bought by
Mata Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 23, 2007
Sold by
Kassler David
Bought by
Kassler David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2005
Sold by
Pb Colina Vista Project Llc
Bought by
Kassler David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,230
Interest Rate
6.87%
Mortgage Type
New Conventional

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
Hughes James K $740,000 First American Title Ins Co
Sarwar Barbara Duce -- None Available
Sarwar Mohammad $690,000 Equity Title Agency Inc
Ing Bank Fsb $1,511,483 Accommodation
Mata Gabriela $1,760,000 Lsi
Kassler David -- None Available
Kassler David $345,000 --
Pb Colina Vista Project Llc $3,760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mata Gabriela $248,000
Previous Owner Mata Gabriela $1,424,000
Previous Owner Mata Gabriela $1,000,000
Previous Owner Mata Gabriela $484,835
Previous Owner Kassler David $1,400,000
Previous Owner Kassler David $936,230
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 Change Sq Ft Price
03/12/2012 03/12/12 Sold $740,000 0.0% $155 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
02/03/2012 02/03/12 Price Changed $740,000 -4.5% $155 / Sq Ft
01/03/2012 01/03/12 Price Changed $774,900 -1.8% $162 / Sq Ft
11/14/2011 11/14/11 For Sale $789,000 -- $165 / Sq Ft
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 $5,663 $92,564 -- --
2024 $5,591 $88,156 -- --
2023 $5,591 $133,360 $26,670 $106,690
2022 $5,273 $96,810 $19,360 $77,450
2021 $5,640 $89,660 $17,930 $71,730
2020 $5,586 $92,280 $18,450 $73,830
2019 $5,369 $88,900 $17,780 $71,120
2018 $5,180 $88,720 $17,740 $70,980
2017 $4,935 $85,480 $17,090 $68,390
2016 $4,828 $82,230 $16,440 $65,790
2015 $4,567 $78,480 $15,690 $62,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4676229

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-13-180