12898 E Sorrel Ln Scottsdale, AZ 85259
Shea Corridor NeighborhoodEstimated Value: $2,088,000 - $2,550,000
4
Beds
4.5
Baths
4,825
Sq Ft
$490/Sq Ft
Est. Value
Highlights
- Heated Spa
- Gated Community
- Mountain View
- Laguna Elementary School Rated A
- 0.69 Acre Lot
- Outdoor Fireplace
About This Home
As of March 2018OWNER ANXIOUS AND MOTIVATED: REDUCED PRICE AGAIN-SAYS GET IT SOLD!!! 4 Bedroom PLUS den/5th bedroom! Custom Foster home in the exclusive & Private community of Los Diamantes near BASIS & Scottsdale schools. New high efficiency HVAC, newly remodeled pool/spa with waterfall, new Travertine flooring, energy efficient blinds. Huge kitchen w/gas hookup for stove, double ovens, curved island bar, distressed Alder cabs, stone fireplace, wetbar. Lg laundry room, extra large bedrooms w/private full baths. Outdoor grill w/sink, fire pit, outdoor shower and expansive covered patio and grass area. N/S positioning for enjoying sunsets and mountain views with mature landscaping. Corner lot is surrounded by common area for extra privacy & space. Lots of windows facing the great outdoors for truly light & bright atmosphere w/energy efficient blinds & shutters. Built in speakers throughout including back patio area. Plenty of garage space & 18 ft of cabs for storage. Community park w/Tennis-Basketball court, Kids play equipment.
Last Agent to Sell the Property
Rick Simmons
Simmons Realty License #BR012103000 Listed on: 01/27/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,410
Year Built
- Built in 1999
Lot Details
- 0.69 Acre Lot
- Private Streets
- Desert faces the front and back of the property
- Block Wall Fence
- Corner Lot
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
- Grass Covered Lot
HOA Fees
- $97 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- 1 Open Parking Space
- Garage ceiling height seven feet or more
- Garage Door Opener
Home Design
- Santa Barbara Architecture
- Wood Frame Construction
- Tile Roof
- Stone Exterior Construction
- Stucco
Interior Spaces
- 4,825 Sq Ft Home
- 1-Story Property
- Wet Bar
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Fireplace
- Double Pane Windows
- Low Emissivity Windows
- Family Room with Fireplace
- Mountain Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- 4.5 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
Accessible Home Design
- Accessible Hallway
- Stepless Entry
Pool
- Heated Spa
- Heated Pool
Outdoor Features
- Covered patio or porch
- Outdoor Fireplace
- Built-In Barbecue
Schools
- Laguna Elementary School
- Mountainside Middle School
- Desert Mountain High School
Utilities
- Refrigerated Cooling System
- Zoned Heating
- Water Softener
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Home warranty included in the sale of the property
- Tax Lot 11
- Assessor Parcel Number 217-31-368
Community Details
Overview
- Association fees include ground maintenance, street maintenance
- Peterson Company Association, Phone Number (480) 513-6846
- Built by Michael Foster
- Los Diamantes Subdivision, Custom Floorplan
Recreation
- Tennis Courts
- Community Playground
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2017
Closed on
Mar 12, 2018
Sold by
Jacobs Edward L and Edward L Jacobs Trust
Bought by
Jain Sudhanshu and Khan Rozina
Seller's Agent
Rick Simmons
Simmons Realty
Buyer's Agent
Bilal Chaudhry
EPL Realty Group, LLC
List Price
$1,169,900
Sold Price
$1,043,500
Premium/Discount to List
-$126,400
-10.8%
Total Days on Market
385
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,320,414
Avg. Annual Appreciation
12.06%
Original Mortgage
$834,800
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 16, 2008
Sold by
Olson Kerry Ann
Bought by
Jacobs Edward L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 5, 2007
Sold by
Jacobs Kerry
Bought by
Jacobs Edward L and Edward L Jacobs Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
7.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 23, 2006
Sold by
Jacobs Edward L
Bought by
Jacobs Edward L and The Edward L Jacobs Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$907,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 4, 2004
Sold by
Raupach William J and Raupach Joanne K
Bought by
Jacobs Edward L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$853,500
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 23, 2004
Sold by
Jacobs Linda L
Bought by
Jacobs Edward L and Jacobs Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$853,500
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 18, 2001
Sold by
Raupach William J and Raupach Joanne K
Bought by
Raupach William J and Raupach Joanne K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
5.75%
Purchase Details
Closed on
Nov 29, 2001
Sold by
Raupach William J and Raupach Joanne K
Bought by
Raupach William J and Raupach Joanne K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
5.75%
Purchase Details
Closed on
Jan 29, 1999
Sold by
Raupach William J and Raupach Joanne K
Bought by
Raupach William J and Raupach Joanne K
Purchase Details
Closed on
Jan 26, 1999
Sold by
Raupach William J and Raupach Joanne K
Bought by
Raupach William J and Raupach Joanne K
Purchase Details
Closed on
Sep 17, 1998
Sold by
Shear Richard I and Shear Melanie D
Bought by
Mike Foster Custom Homes Inc
Purchase Details
Closed on
Dec 19, 1997
Sold by
Los Diamantes Subdivision Investors Llc
Bought by
Shear Richard I and Shear Melanie D
Similar Homes in Scottsdale, AZ
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jain Sudhanshu | $1,043,500 | Equitable Title Agency Llc | |
| Jacobs Edward L | -- | None Available | |
| Jacobs Edward L | -- | Land America | |
| Jacobs Edward L | -- | None Available | |
| Jacobs Edward L | $1,138,000 | Chicago Title Insurance Co | |
| Jacobs Edward L | -- | Chicago Title Insurance Co | |
| Raupach William J | -- | -- | |
| Raupach William J | -- | -- | |
| Raupach William J | -- | -- | |
| Raupach William J | $180,000 | Ati Title Agency | |
| Raupach William J | -- | Ati Title Agency | |
| Mike Foster Custom Homes Inc | $135,000 | -- | |
| Shear Richard I | $140,000 | Ati Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jain Sudhanshu | $780,000 | |
| Closed | Jain Sudhanshu | $834,800 | |
| Previous Owner | Jacobs Edward L | $995,000 | |
| Previous Owner | Jacobs Edward L | $975,000 | |
| Previous Owner | Jacobs Edward L | $974,000 | |
| Previous Owner | Jacobs Edward L | $907,000 | |
| Previous Owner | Jacobs Edward L | $853,500 | |
| Previous Owner | Jacobs Edward L | $853,500 | |
| Previous Owner | Raupach William J | $351,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2018 03/29/18 | Sold | $1,043,500 | -8.4% | $216 / Sq Ft |
| 02/16/2018 02/16/18 | Pending | -- | -- | -- |
| 02/07/2018 02/07/18 | Price Changed | $1,139,000 | -0.9% | $236 / Sq Ft |
| 01/11/2018 01/11/18 | Price Changed | $1,149,000 | -1.8% | $238 / Sq Ft |
| 01/01/2018 01/01/18 | For Sale | $1,169,900 | +12.1% | $242 / Sq Ft |
| 01/01/2018 01/01/18 | Off Market | $1,043,500 | -- | -- |
| 11/25/2017 11/25/17 | Price Changed | $1,169,900 | -0.4% | $242 / Sq Ft |
| 09/05/2017 09/05/17 | Price Changed | $1,175,000 | -1.7% | $244 / Sq Ft |
| 07/05/2017 07/05/17 | Price Changed | $1,194,950 | 0.0% | $248 / Sq Ft |
| 05/15/2017 05/15/17 | Price Changed | $1,195,000 | -7.7% | $248 / Sq Ft |
| 04/05/2017 04/05/17 | Price Changed | $1,295,000 | -5.4% | $268 / Sq Ft |
| 01/27/2017 01/27/17 | For Sale | $1,369,000 | -- | $284 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $8,256 | $130,893 | -- | -- |
| 2024 | $8,154 | $124,660 | -- | -- |
| 2023 | $8,154 | $148,110 | $29,620 | $118,490 |
| 2022 | $7,705 | $113,070 | $22,610 | $90,460 |
| 2021 | $8,252 | $108,020 | $21,600 | $86,420 |
| 2020 | $8,497 | $106,660 | $21,330 | $85,330 |
| 2019 | $8,208 | $106,420 | $21,280 | $85,140 |
| 2018 | $7,929 | $98,680 | $19,730 | $78,950 |
| 2017 | $7,568 | $95,600 | $19,120 | $76,480 |
| 2016 | $7,410 | $90,560 | $18,110 | $72,450 |
| 2015 | $7,024 | $91,570 | $18,310 | $73,260 |
Source: Public Records
Agents Affiliated with this Home
-
R
Seller's Agent in 2018
Rick Simmons
Simmons Realty
-
Bilal Chaudhry
B
Buyer's Agent in 2018
Bilal Chaudhry
EPL Realty Group, LLC
(480) 777-2500
2 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5552731
APN: 217-31-368
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.
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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