NOT LISTED FOR SALE

16600 N Thompson Peak Pkwy Unit 1062 Scottsdale, AZ 85260

McDowell Mountain Ranch Neighborhood

Estimated Value: $613,869 - $634,000

2 Beds
2.5 Baths
1,890 Sq Ft
$330/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $590,000 $312 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,930/month

61 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • 1 Fireplace
  • Desert Canyon Elementary School Rated A
  • Santa Fe Architecture
  • Granite Countertops

About This Home

As of February 2024

Meticulously maintained 2 bedroom, 2 1/2 bathroom plus den townhome style condo in the desirable Ridge at Cachet community. Inside a gated community, this corner unit boasts tile flooring, cherry built in cabinets in the den, a custom fireplace in the living room and designer finishes. Upstairs find two bedrooms, both with ensuite bathrooms. Enjoy the AZ weather from either of the two private patios. Located within a few steps to the community pool, McDowell Mountain Trail Heads, Grocery & Dining.

Last Agent to Sell the Property

Heather Dyer

HomeSmart License #SA651199000 Listed on: 11/09/2023

HomeSmart

Last Buyer's Agent

Vanessa Stewart

HomeSmart Lifestyles License #SA698420000

HomeSmart Lifestyles

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 2002

Lot Details

  • 90 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence

HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,890 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Desert Canyon Elementary School
  • Desert Canyon Middle School
  • Desert Mountain High School

Utilities

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

Listing and Financial Details

  • Tax Lot 1062
  • Assessor Parcel Number 217-73-037

Community Details

Overview

  • Association fees include insurance, pest control, ground maintenance, front yard maint, trash, maintenance exterior
  • Hoamco Association, Phone Number (928) 778-2283
  • Aam Association, Phone Number (602) 674-4355
  • Association Phone (602) 674-4355
  • Built by Cachet
  • Cachet At Mcdowell Mtn Ranch Ph 2 Condo Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,208

Year Built

Built in 2002

Lot Details

0

HOA Fees

$396 per month

Parking

2

Listing Details

  • Cross Street: Thompson Peak Pkwy & Bell Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: AAM
  • HOA #2 Phone Number: 6026744355
  • HOA #2 Transfer Fee: 400.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 396.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Tax Year: 2023
  • Directions: Bell Rd to South on Thompson Peak, turn right into complex
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: CACHET AT MCDOWELL MTN RANCH PH 2 CONDO
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 349.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Breakfast Bar, Vaulted Ceiling(s), Full Bth Master Bdrm
  • Living Area: 1890.0
  • Stories: 2
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Desert Back, Desert Front
  • 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:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • 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 Pool, Biking/Walking Path
  • Association #2 Fee: 141.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 349.0
  • Association Fee Frequency: Monthly
  • Association: AAM
  • Association Name: Ridge at Cachet
  • Association Phone #2: 6026744355
  • Phone: 928-778-2283
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Ridge at Cachet
  • Association Fees:HOA Telephone4: 9287782283
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 698.0
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: HOAMCO
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Prepaid Association Fees HOA 2: 141.0
  • Association Fees:Disclosure Fees HOA 2: 400.0
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Insurance, Pest Control, Maintenance Grounds, Front Yard Maint, Trash, Maintenance Exterior

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 90.0
  • Parcel #: 217-73-037

Building Info

  • Builder Name: Cachet

Tax Info

  • Tax Annual Amount: 2208.0
  • Tax Book Number: 217.00
  • Tax Lot: 1062
  • Tax Map Number: 73.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Feb 16, 2024
Sold by
Mckay Daryl and Mckay Donna
Bought by
Shepherd Sarah
Seller's Agent
Heather Dyer
HomeSmart
Buyer's Agent
Vanessa Stewart
HomeSmart Lifestyles
List Price
$635,000
Sold Price
$590,000
Premium/Discount to List
-$45,000
-7.09%
Views
82
Current Estimated Value
$616,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,819
Avg. Annual Appreciation
3.83%
Original Mortgage
$490,000
Outstanding Balance
$484,184
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$139,533

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 23, 2018
Sold by
Wilken Paul and Wilken Pamela
Bought by
Mckay Daryl and Mckay Donna
Seller's Agent
Pamela DiGiosio
Keller Williams Arizona Realty
Buyer's Agent
Heather Dyer
HomeSmart
List Price
$355,000
Sold Price
$344,000
Premium/Discount to List
-$11,000
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%

Purchase Details

Closed on
May 19, 2010
Sold by
Hicks Nancy S
Bought by
Hicks L Westcott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2010
Sold by
Hicks L Westcott and Burkhardt Susan H
Bought by
Wilken Paul and Wilken Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2005
Sold by
Nettles James F and Nettles Constance B
Bought by
Hicks L Wescott and L Westcott Hicks Family Trust

Purchase Details

Closed on
May 1, 2003
Sold by
Catsibris Nick Peter
Bought by
Nettles James F and Nettles Constance B

Purchase Details

Closed on
Jan 9, 2002
Sold by
Sc Mcdowell Ii Llc
Bought by
Catsibris Nick Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.84%
Mortgage Type
New Conventional
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
Shepherd Sarah $590,000 First American Title Insurance
Mckay Daryl $344,000 First American Title Insuran
Hicks L Westcott -- Fidelity Natl Title Ins Co
Wilken Paul $260,000 Fidelity Natl Title Ins Co
Hicks L Westcott -- Fidelity Natl Title Ins Co
Hicks L Wescott $400,000 Equity Title Agency Inc
Nettles James F $264,000 Capital Title Agency Inc
Catsibris Nick Peter $252,754 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepherd Sarah $490,000
Previous Owner Wilken Paul $225,000
Previous Owner Wilken Paul $208,000
Previous Owner Catsibris Nick Peter $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $590,000 -4.1% $312 / Sq Ft
01/04/2024 01/04/24 Price Changed $615,000 -3.1% $325 / Sq Ft
11/09/2023 11/09/23 For Sale $635,000 +84.6% $336 / Sq Ft
05/30/2018 05/30/18 Sold $344,000 -1.4% $182 / Sq Ft
04/08/2018 04/08/18 Price Changed $349,000 -1.7% $185 / Sq Ft
02/01/2018 02/01/18 For Sale $355,000 -- $188 / 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 $1,884 $33,018 -- --
2024 $2,208 $31,446 -- --
2023 $2,208 $43,560 $8,710 $34,850
2022 $2,095 $33,950 $6,790 $27,160
2021 $2,380 $31,800 $6,360 $25,440
2020 $2,373 $31,320 $6,260 $25,060
2019 $2,293 $29,420 $5,880 $23,540
2018 $2,226 $28,030 $5,600 $22,430
2017 $2,136 $27,370 $5,470 $21,900
2016 $2,100 $25,850 $5,170 $20,680
2015 $2,012 $27,070 $5,410 $21,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6628781

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-73-037