NOT LISTED FOR SALE

18852 N 98th St Unit 3707 Scottsdale, AZ 85255

DC Ranch Neighborhood

Estimated Value: $3,914,000 - $5,224,000

0.54 Acre
$8,728,354 Price per Acre
23,522 Sq Ft Lot

Last Sold April 19, 2012

Last sale price $309,000 $13 Per Sq Ft

Est. 1,425% increase in value since last sale

Current estimated payment $25,882/month

132 Days on Market

Highlights

  • Gated with Attendant
  • Mountain View
  • Corner Lot
  • Copper Ridge School Rated A

About This Lot

As of April 2012

Stunning.54 acre custom home site located on main large grass park in Arcadia with incredible views of the McDowell Mountains. Plans for a 7471 square foot home are available at an additional cost and ready to take to the next level. The advantage of this corner home site is the ability to have a side garage entrance allowing for more use of the rest of the lot. The front yard will overlook the large community grass area complete with play ground equipment at the north end. Easy access from the south gate of Arcadia. The Gateway Recreation Area is less that half a mile away boasting miles of hiking and mountain biking trails in the McDowell Mountains (Check document tab for Trail Map). Location, views and lifestyle, this homesite has it all.

Last Agent to Sell the Property

John Schloz

HomeSmart License #BR509582000 Listed on: 11/08/2011

HomeSmart

Last Buyer's Agent

Claudia Jordan

Claudia C Jordan License #BR111725000

Property Details

Property Type

  • Land

Lot Details

  • 0.54 Acre Lot
  • Corner Lot
  • Level Lot

Interior Spaces

  • 23,656 Sq Ft Home
  • Mountain Views

Schools

  • Copper Creek Elementary School
  • Copper Creek Elementary Middle School
  • Chaparral High School

Community Details

  • $5,704 per year Dock Fee
  • Gated with Attendant

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Tax Municipality: Scottsdale
  • Cross Street: Union Hills & Thompson Peak Parkway
  • Legal Info Lot Number: 3707
  • Legal Info Range: 5E
  • Legal Info Section: 29
  • Legal Info Township: 4N
  • Roads Streets: Asphalt
  • Property Type: C
  • Estimated Deeded Fee Acres: 0.54
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 0.54
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 450.00
  • Current Density: 00 - 01 Units P/Acre
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Lot
  • Land Features: Corner Lot, Gated Community, Guarded Entry, Mountain View(s)
  • Legal Description Abbrev: DC RANCH PARCEL T7
  • Marketing Name: Silverleaf at DC Ranch
  • Parcel Size: .50 - .99 Acres
  • Potential Use: Single Family
  • Price Per Acre: 592592.59
  • Price Per Sq Ft: 13.52
  • Topography: Level
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: RES
  • Map Code Grid: K38
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 23656.00

Exterior Features

  • Lot Number: 3707

Utilities

  • Water: City Franchise
  • Electric: Aps
  • Gas: Sw Gas

Condo/Co-op/Association

  • Association Info: Owner Association
  • Association Info HOA: Y

Schools

  • Elementary School: Copper Creek Elementary
  • High School: Chaparral High School
  • Jr High School: Copper Creek Elementary

Lot Info

  • Lot Size: 120x200

Tax Info

  • Taxes: 5704.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2023
Sold by
Farnham Lucas and Farnham Allyson
Bought by
Ff Adventure Trust
Current Estimated Value
$4,713,311

Purchase Details

Closed on
Jul 16, 2021
Sold by
Mileti Ronald E and Mileti Jennifer N
Bought by
Farnham Lucas and Farnham Allyson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.96%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2015
Sold by
Mileti Ronald and Mileti Jennifer
Bought by
Ronald E Mileti & Jennifer N Mileti Trus

Purchase Details

Listed on
Nov 8, 2011
Closed on
Apr 5, 2012
Sold by
Wiggins Stephen and Wiggins Elisa
Bought by
Mileti Ronald and Mileti Jennifer
Seller's Agent
John Schloz
HomeSmart
Buyer's Agent
Claudia Jordan
Claudia C Jordan
List Price
$359,000
Sold Price
$309,000
Premium/Discount to List
-$50,000
-13.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.02%

Purchase Details

Closed on
Jan 28, 2010
Sold by
Third Millennium Properties Llc
Bought by
Slusser Jon F and Crosby Colleen M

Purchase Details

Closed on
Jan 26, 2010
Sold by
Slusser Jon F and Crosby Colleen M
Bought by
Wiggins Stephen and Wiggins Elisa

Purchase Details

Closed on
Mar 28, 2008
Sold by
Third Millennium Properties Llc
Bought by
Slusser Jon F and Crosby Colleen M

Purchase Details

Closed on
Oct 2, 2006
Sold by
Slusser Jon
Bought by
Third Millennium Properties Llc

Purchase Details

Closed on
May 16, 2006
Sold by
Dc Ranch Llc
Bought by
Slusser Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,900
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2006
Sold by
Crosby Colleen
Bought by
Slusser Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,900
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ff Adventure Trust -- --
Farnham Lucas $3,249,000 Pioneer Title Agency Inc
Ronald E Mileti & Jennifer N Mileti Trus -- None Available
Mileti Ronald $309,000 Clear Title Agency Of Arizon
Slusser Jon F -- Fidelity Natl Title Ins Co
Wiggins Stephen $260,000 Fidelity Natl Title Ins Co
Slusser Jon F -- None Available
Third Millennium Properties Llc -- None Available
Slusser Jon $834,940 None Available
Slusser Jon -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farnham Lucas $2,000,000
Previous Owner Slusser Jon $667,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2012 04/19/12 Sold $309,000 -13.9% $13 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
11/08/2011 11/08/11 For Sale $359,000 -- $15 / 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 $13,355 $198,115 -- --
2024 $13,242 $188,681 -- --
2023 $13,242 $277,910 $55,580 $222,330
2022 $12,544 $229,700 $45,940 $183,760
2021 $13,352 $232,900 $46,580 $186,320
2020 $13,236 $210,760 $42,150 $168,610
2019 $12,777 $205,250 $41,050 $164,200
2018 $12,979 $204,370 $40,870 $163,500
2017 $12,460 $182,350 $36,470 $145,880
2016 $12,162 $162,400 $32,480 $129,920
2015 $11,741 $155,930 $31,180 $124,750
Source: Public Records

Agents Affiliated with this Home

  • John Schloz

    Seller's Agent in 2012

    John Schloz

    HomeSmart

    (602) 570-5905

    52 Total Sales

    John Schloz
    Section Image

  • C

    Buyer's Agent in 2012

    Claudia Jordan

    Claudia C Jordan

    (480) 638-2000

    Claudia Jordan
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4673524

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-68-450

Arizona Maricopa County Scottsdale 85255 DC Ranch

18852 N 98th St Unit 3707, Scottsdale, AZ

Not Listed for Sale

Lots

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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