NOT LISTED FOR SALE

Estimated Value: $2,265,000 - $2,508,000

4 Beds
4 Baths
5,076 Sq Ft
$478/Sq Ft Est. Value

About This Home

This home is located at 12785 E Sorrel Ln, Scottsdale, AZ 85259 and is currently estimated at $2,426,821, approximately $478 per square foot. 12785 E Sorrel Ln is a home located in Maricopa County with nearby schools including Laguna Elementary School, Mountainside Middle School, and Desert Mountain High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2011
Sold by
Us Bank National Association
Bought by
Sullivan Michael K and Sullivan Kym M
Current Estimated Value
$2,426,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2011
Sold by
Ricci Darren L and Ricci Lisa A
Bought by
Us Bank Natonal Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
Redmond Cheryl
Bought by
Ricci Darren L and Ricci Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2003
Sold by
Redmond Thomas Michael
Bought by
Fritz Redmond Cheryl Lynne and Redmond Cheryl L

Purchase Details

Closed on
Oct 31, 2001
Sold by
Redmond Thomas Michael
Bought by
Redmond Cheryl L

Purchase Details

Closed on
Jul 23, 2001
Sold by
Iacopetti Dean R and Iacopetti Frances
Bought by
Redmond Cheryl L

Purchase Details

Closed on
Jul 20, 2000
Sold by
Sierra Homes Llc
Bought by
Iacopetti Dean R and Iacopetti Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 1998
Sold by
Los Diamantes Subdivision Investors Llc
Bought by
Tierra Nova Construction Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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
Sullivan Michael K -- Servicelink
Us Bank Natonal Association $971,893 Accommodation
Ricci Darren L $1,550,000 Russ Lyon Title Llc
Fritz Redmond Cheryl Lynne -- --
Redmond Cheryl L -- Arizona Title Agency Inc
Redmond Cheryl L $1,140,000 Arizona Title Agency Inc
Iacopetti Dean R $1,025,000 Lawyers Title Of Arizona Inc
Tierra Nova Construction Llc $156,777 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Michael K $100,000
Open Sullivan Michael K $330,000
Closed Sullivan Michael K $50,000
Closed Sullivan Michael K $315,000
Previous Owner Ricci Darren L $500,000
Previous Owner Ricci Darren L $145,000
Previous Owner Ricci Darren L $225,000
Previous Owner Ricci Darren L $950,000
Previous Owner Fritz Redmond Cheryl Lynne $250,000
Previous Owner Redmond Cheryl L $904,500
Previous Owner Iacopetti Dean R $300,000
Closed Ricci Darren L $150,000
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 $8,478 $134,168 -- --
2024 $8,373 $127,779 -- --
2023 $8,373 $151,620 $30,320 $121,300
2022 $7,913 $115,970 $23,190 $92,780
2021 $8,445 $110,380 $22,070 $88,310
2020 $8,690 $108,920 $21,780 $87,140
2019 $8,483 $109,070 $21,810 $87,260
2018 $8,196 $101,410 $20,280 $81,130
2017 $7,824 $98,920 $19,780 $79,140
2016 $7,660 $93,620 $18,720 $74,900
2015 $7,263 $95,180 $19,030 $76,150
Source: Public Records

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