NOT LISTED FOR SALE

12498 N 138th Place Unit 8 Scottsdale, AZ 85259

Estimated Value: $2,149,000 - $3,622,000

3.13 Acres
$930,945 Price per Acre
136,343 Sq Ft Lot

Last Sold September 16, 2013

Last sale price $280,000

Est. 941% increase in value since last sale

Current estimated payment $16,447/month

72 Days on Market

Highlights

  • Gated with Attendant
  • City Lights View
  • Cul-De-Sac
  • Anasazi Elementary School Rated A
  • 3.13 Acre Lot
  • Property is near a preserve or public land

About This Lot

As of September 2013

Over 3 acres with unobstructed panoramic views surrounded by private mountain range, views to City lights, Camelback Mountain, etc. Fantastic lot to build on with private security and Scottsdale Mountain amenities. Seller is willing to carry financing with 20% down.

Last Agent to Sell the Property

Jon Mirmelli

My Home Group Real Estate License #SA556608000 Listed on: 04/03/2013

My Home Group Real Estate

Co-Listed By

Vladimir Rabinovich

Realty ONE Group License #SA570396000

Last Buyer's Agent

William Fuchs

RE/MAX Fine Properties License #BR537921000

RE/MAX Fine Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,755

Lot Details

  • 3.13 Acre Lot
  • Cul-De-Sac
  • Property is zoned R-35

HOA Fees

  • $164 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

  • Mountainside Middle School
  • Desert Mountain Elementary High School

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 217-19-460

Community Details

Overview

  • Associated Asset Mgm Association, Phone Number (602) 957-9191
  • Scottsdale Mountain Subdivision
  • Property is near a preserve or public land

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$5,755

Lot Details

0

HOA Fees

$164 per month

Listing Details

  • Cross Street: Shea & 136th St
  • Legal Info Range: 6E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-35
  • Tax Year: 2012
  • Directions: North on 136th Street through main guard gate. First right on Cactus to Hawks Canyon. Left on 138th Pl thru private gate to North end of Cul-De-Sac - Lot #8
  • Lot Size Acres: 3.13
  • Road Surface Type: Asphalt, Private Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: reog01
  • Co List Office Phone: 480-315-1240
  • Subdivision Name: Scottsdale Mountain
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, City Light View(s), Mountain View(s), Gated Community, Guarded Entry, North/South Exp, Adjacent to Wash, Borders Pres/Pub Lnd
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS, Underground
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 985.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 602-957-9191
  • Association Fee: 985.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Associated Asset Mgm
  • Phone: 602-957-9191
  • Association: Yes

Schools

  • High School: Desert Mountain Elementary
  • Middle Or Junior School: Mountainside Middle School

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 136327.0
  • Additional Parcels: No
  • Parcel #: 217-19-460
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5755.0
  • Tax Book Number: 217.00
  • Tax Lot: 8
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2016
Sold by
Zandi Ray and Zandi Traci
Bought by
Zandi Ramin and Zandi Traci A
Current Estimated Value
$2,913,859

Purchase Details

Listed on
Apr 3, 2013
Closed on
Aug 29, 2013
Sold by
Murphy Timothy J and Murphy Stephanie G
Bought by
Zandi Ray and Zandi Traci
Seller's Agent
Jon Mirmelli
My Home Group Real Estate
Buyer's Agent
William Fuchs
RE/MAX Fine Properties
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.50%

Purchase Details

Listed on
Aug 2, 2012
Closed on
Mar 18, 2013
Sold by
Mansourian Nozar and Sanei Neda
Bought by
Murphy Timothy J and Murphy Stephanie G
Seller's Agent
Gregg Hayes
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Jon Mirmelli
My Home Group Real Estate
List Price
$325,000
Sold Price
$250,000
Premium/Discount to List
-$75,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.44%

Purchase Details

Closed on
Dec 7, 2009
Sold by
Gianiorio Glen and Gianiorio Karen
Bought by
Mansourian Nozar and Sanei Neda

Purchase Details

Closed on
Jan 14, 2005
Sold by
Boreyko Benson K
Bought by
Gianiorio Glen and Gianiorio Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2002
Sold by
Brimm John E and Brimm Teresa S
Bought by
Boreyko Benson K

Purchase Details

Closed on
Nov 25, 1998
Sold by
Brimm John E and Brimm Teresa S
Bought by
Brimm John E and Brimm Teresa S

Purchase Details

Closed on
Jan 21, 1998
Sold by
Scottsdale Mountain Ltd Partnership
Bought by
Brimm John E and Brimm Teresa S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zandi Ramin -- None Available
Zandi Ray $280,000 Magnus Title Agency
Murphy Timothy J $1,150,000 Magnus Title Agency
Mansourian Nozar $345,000 North American Title Company
Gianiorio Glen $455,000 Security Title Agency Inc
Boreyko Benson K $390,000 First Financial Title Agency
Brimm John E -- --
Brimm John E $255,750 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gianiorio Glen $409,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2013 09/16/13 Sold $280,000 -13.8% --
06/14/2013 06/14/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $325,000 +30.0% --
03/19/2013 03/19/13 Sold $250,000 -23.1% --
02/20/2013 02/20/13 Pending -- -- --
08/02/2012 08/02/12 For Sale $325,000 -- --
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 $10,734 $158,645 -- --
2024 $10,610 $151,091 -- --
2023 $10,610 $231,370 $46,270 $185,100
2022 $10,066 $173,310 $34,660 $138,650
2021 $10,695 $170,500 $34,100 $136,400
2020 $10,602 $177,210 $35,440 $141,770
2019 $10,230 $175,910 $35,180 $140,730
2018 $9,976 $172,880 $34,570 $138,310
2017 $9,897 $143,170 $28,630 $114,540
2016 $3,059 $51,600 $51,600 $0
2015 $3,180 $42,160 $42,160 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4914210

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-19-460