$900,000
SOLD OCT 10, 2024

11856 E Terra Dr Scottsdale, AZ 85259

Shea Corridor Neighborhood
3 Beds
2.5 Baths
2,410 Sq Ft
6,607 Sq Ft Lot

Recently Sold

$373 Per Sq Ft

3% Below List Price

25 Days on Market

Highlights

  • Gated with Attendant
  • Family Room with Fireplace
  • Granite Countertops
  • Laguna Elementary School Rated A
  • Vaulted Ceiling
  • 2-minute walk to Stonegate Equestrian Park

About This Home

As of October 2024

Stunning single level home in the GUARD gated community of Stonegate. Located in the heart of Scottsdale this community offers so much. From safety and security to a community pool, tennis, and pickle ball courts. Easy access to fine dining, great schools, hospital, and freeways. Not to mention the world class golf and hiking. Walk through the front door and you will find high ceilings and a great open floorplan. Primary bedroom is split from the other two guest rooms for complete privacy. This layout is perfect for entertaining as everything flows. The backyard features complete privacy and easy maintenance. Two newer AC units that will keep you cool during the hot AZ summers. Too many amazing features to list.

Last Agent to Sell the Property

Nick Arekat

Compass License #SA522994000 Listed on: 08/23/2024

Compass

Co-Listed By

Zee Arekat

Compass License #BR106529000

Last Buyer's Agent

Eric Brossart

Keller Williams Realty Phoenix License #SA662931000

Keller Williams Realty Phoenix

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,894

Year Built

  • Built in 1994

Lot Details

  • 6,607 Sq Ft Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Sprinklers on Timer

HOA Fees

  • $223 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,410 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Laguna Elementary School
  • Mountainside Middle School
  • Desert Mountain High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 217-56-195

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Stonegate HOA, Phone Number (480) 391-9760
  • Built by EDMUNDS TOLL
  • Stonegate Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,894

Year Built

Built in 1994

Lot Details

0

HOA Fees

$223 per month

Parking

2

Listing Details

  • Cross Street: 112th St & Shea Blvd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 223.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2023
  • Directions: South on 112th St, East on Mountain View Rd, through guard gate, continue on Stonegate Cir, East on Palomino Rd, North on 118th Way, West on Terra Dr to property on your right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: praz04
  • Co List Office Phone: 480-505-6300
  • Subdivision Name: STONEGATE
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 223.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Two Way Fireplace, Family Room, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2410.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s)
  • Lot Features: Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Guarded Entry, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 223.0
  • Association Fee Frequency: Monthly
  • Association Name: Stonegate HOA
  • Phone: 480-391-9760
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Stonegate HOA
  • Association Fees:HOA Telephone4: 480-391-9760
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Prepaid Association Fees HOA: 446.0
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fees:Other Fees HOA: 0.01
  • Association Fees:Other Fees Description: Transfer Fee is 0.005 x total contract sales price
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Laguna Elementary School
  • High School: Desert Mountain High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mountainside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6607.0
  • Parcel #: 217-56-195

Building Info

  • Builder Name: EDMUNDS TOLL

Tax Info

  • Tax Annual Amount: 2894.0
  • Tax Book Number: 217.00
  • Tax Lot: 62
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 7, 2024
Sold by
Searles Christopher M and Searles Lora S
Bought by
Searles Family Trust and Searles
Seller's Agent
Nick Arekat
Compass
Buyer's Agent
Eric Brossart
Keller Williams Realty Phoenix
List Price
$930,000
Sold Price
$900,000
Premium/Discount to List
-$30,000
-3.23%
Views
12
Current Estimated Value
$930,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,572
Avg. Annual Appreciation
3.41%

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 3, 2024
Sold by
Sw Olason Revocable Trust and Olason Sheila
Bought by
Searles Christopher M and Searles Lora S
Seller's Agent
Nick Arekat
Compass
Buyer's Agent
Eric Brossart
Keller Williams Realty Phoenix
List Price
$930,000
Sold Price
$900,000
Premium/Discount to List
-$30,000
-3.23%
Views
12

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 28, 2020
Sold by
Patton Jerry L and Patton Catherine L
Bought by
Patton Jerry Leon and Patton Catherine Leon
Seller's Agent
Derek Galli
RE/MAX Fine Properties
Buyer's Agent
Dori Wittrig
RE/MAX Sun Properties
List Price
$625,000
Sold Price
$585,000
Premium/Discount to List
-$40,000
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%

Purchase Details

Closed on
Aug 10, 1998
Sold by
Howard Robert P
Bought by
Treasure Vearl J and Treasure Sofia

Purchase Details

Closed on
Jun 17, 1997
Sold by
Howard Lorraine P
Bought by
Lorraine P Howard Revocable Family Trust and Howard Lorraine P

Purchase Details

Closed on
Nov 9, 1994
Sold by
Edmunds Stonegate Ii Ltd Partnership
Bought by
Howard Lorraine P
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $900,000 Navi Title Agency
Warranty Deed $585,000 Empire West Title Agency Llc
Cash Sale Deed $302,500 Stewart Title & Trust
Interfamily Deed Transfer -- --
Cash Sale Deed $218,676 Stewart Title & Trust
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $900,000 -3.2% $373 / Sq Ft
09/19/2024 09/19/24 For Sale $930,000 0.0% $386 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
09/14/2024 09/14/24 Off Market $930,000 -- --
08/23/2024 08/23/24 For Sale $930,000 +59.0% $386 / Sq Ft
10/28/2020 10/28/20 Sold $585,000 -2.3% $243 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
09/24/2020 09/24/20 Price Changed $599,000 -4.2% $249 / Sq Ft
09/08/2020 09/08/20 For Sale $625,000 -- $259 / 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 $2,959 $51,859 -- --
2024 $2,894 $49,389 -- --
2023 $2,894 $60,370 $12,070 $48,300
2022 $2,754 $47,970 $9,590 $38,380
2021 $2,988 $44,060 $8,810 $35,250
2020 $2,961 $41,350 $8,270 $33,080
2019 $2,871 $40,920 $8,180 $32,740
2018 $2,805 $38,160 $7,630 $30,530
2017 $2,647 $35,100 $7,020 $28,080
2016 $2,974 $38,320 $7,660 $30,660
2015 $2,876 $38,650 $7,730 $30,920
Source: Public Records

Agents Affiliated with this Home

  • Nick Arekat

    Seller's Agent in 2024

    Nick Arekat

    Compass

    (602) 321-2084

    11 in this area

    175 Total Sales

    Nick Arekat
    Section Image
  • Zee Arekat

    Seller Co-Listing Agent in 2024

    Zee Arekat

    Compass

    (602) 329-6691

    4 in this area

    114 Total Sales

    Zee Arekat
    Section Image
  • Eric Brossart

    Buyer's Agent in 2024

    Eric Brossart

    Keller Williams Realty Phoenix

    (480) 768-9333

    6 in this area

    432 Total Sales

    Eric Brossart
    Section Image
  • Derek Galli

    Seller's Agent in 2020

    Derek Galli

    RE/MAX

    (480) 538-5388

    5 in this area

    43 Total Sales

    Derek Galli
    Section Image

  • W

    Seller Co-Listing Agent in 2020

    William Fuchs

    RE/MAX

    Section Image
  • Dori Wittrig

    Buyer's Agent in 2020

    Dori Wittrig

    RE/MAX

    (480) 837-9801

    1 in this area

    179 Total Sales

    Dori Wittrig
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6747826

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-56-195

Arizona Maricopa County Scottsdale 85259 Shea Corridor

11856 E Terra Dr, Scottsdale, AZ

This home is located at 11856 E Terra Dr, Scottsdale, AZ 85259 and is currently priced at $900,000, approximately $373 per square foot. This property was built in 1994. 11856 E Terra Dr is a home located in Maricopa County with nearby schools including Laguna Elementary School, Mountainside Middle School, and Desert Mountain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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