NOT LISTED FOR SALE

18904 N 98th Way Unit 3695 Scottsdale, AZ 85255

DC Ranch Neighborhood

Estimated Value: $3,837,282 - $5,888,000

0.47 Acre
$10,547,009 Price per Acre
20,473 Sq Ft Lot

Last Sold March 04, 2019

Last sale price $835,000

Est. 494% increase in value since last sale

Current estimated payment $29,224/month

48 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Property is near a golf course
  • Copper Ridge School Rated A
  • Mountain View
  • Level Lot

About This Lot

As of March 2019

One of a kind Interior lot in the highly sought-after neighborhood, Silverleaf Arcadia. This property is located on a quiet mature tree lined street, boasts of mountain views, and beautiful neighboring homes. This exclusive guard gated community has multiple lush parks creating acres of open space, while offering all the amenities of the DC Ranch lifestyle.

Last Agent to Sell the Property

Joseph Waller

Waller Associates License #BR643414000 Listed on: 11/30/2018

Last Buyer's Agent

Ruth Miller

Realty Executives License #SA029192000

Realty Executives

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,114

Lot Details

  • 0.47 Acre Lot
  • Level Lot
  • Property is zoned R-10

HOA Fees

  • $408 Monthly HOA Fees

Schools

  • Copper Ridge Elementary School
  • Copper Ridge Middle School
  • Chaparral High School

Additional Features

  • Mountain Views
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 3695
  • Assessor Parcel Number 217-68-438

Community Details

Overview

  • Dc Ranch Association, Phone Number (480) 513-1500
  • Dc Ranch Parcel T7 Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$3,114

Lot Details

0

HOA Fees

$408 per month

Listing Details

  • Cross Street: Thompson Peak Parkway / Parkside Lane
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: R-10
  • Tax Year: 2018
  • Directions: North on Thompson Peak Parkway to Parkside Lane (Arcadia guard gate), Guard will provide directions to property.
  • Lot Size Acres: 0.47
  • Subdivision Name: DC RANCH PARCEL T7
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Golf Course Subd, Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: Boundary Survey Avlb
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 408.0
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480 513 1500
  • HOA Transfer Fee: 475.0
  • Association Fee: 408.0
  • Association Fee Frequency: Monthly
  • Association Name: DC Ranch
  • Phone: 480-513-1500
  • Association: Yes

Schools

  • Elementary School: Copper Ridge Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Copper Ridge Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 20633.0
  • Additional Parcels: No
  • Parcel #: 217-68-438
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3114.0
  • Tax Book Number: 217.00
  • Tax Lot: 3695
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2023
Sold by
Lee Steven W and Lee Sally Ann
Bought by
Steve And Sally Lee Trust and Lee
Current Estimated Value
$4,957,094

Purchase Details

Closed on
Jul 19, 2023
Sold by
Lee Group Llc
Bought by
Lee Steven W and Lee Sally Ann

Purchase Details

Closed on
Dec 21, 2020
Sold by
Desert Group Llc
Bought by
The Lee Group Llc

Purchase Details

Closed on
Nov 20, 2019
Sold by
Stingray Development Inc
Bought by
Desert Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 30, 2018
Closed on
Jan 17, 2019
Sold by
Davis John M and Davis Dawn
Bought by
Stingray Development Inc
Seller's Agent
Joseph Waller
Waller Associates
Buyer's Agent
Ruth Miller
Realty Executives
List Price
$867,000
Sold Price
$835,000
Premium/Discount to List
-$32,000
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.68%

Purchase Details

Closed on
Nov 11, 2015
Sold by
Davis John and Davis Dawn
Bought by
The Cima Coppi Revocable Trust

Purchase Details

Listed on
Dec 3, 2012
Closed on
Dec 4, 2012
Sold by
Cardall Taylor and Cardall Michele
Bought by
Davis John and Davis Dawn
Seller's Agent
Kathleen Nash
eXp Realty
Buyer's Agent
Tim Liechti
My Home Group Real Estate
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.11%

Purchase Details

Closed on
Jul 6, 2005
Sold by
Dc Ranch Llc
Bought by
Cardall Taylor and Cardall Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,025
Interest Rate
5.51%
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
Steve And Sally Lee Trust -- None Listed On Document
Lee Steven W -- None Listed On Document
The Lee Group Llc $1,633,335 None Available
Desert Group Llc $900,000 None Available
Stingray Development Inc $835,000 First American Title Insuran
The Cima Coppi Revocable Trust -- None Available
Davis John $365,000 Fidelity National Title Agen
Davis John $365,000 Fidelity National Title Co
Cardall Taylor $592,250 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desert Group Llc $3,500,000
Previous Owner Cardall Taylor $533,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2019 03/04/19 Sold $835,000 -3.7% --
01/16/2019 01/16/19 Pending -- -- --
11/29/2018 11/29/18 For Sale $867,000 +137.5% --
12/04/2012 12/04/12 Sold $365,000 -8.5% --
11/16/2012 11/16/12 Pending -- -- --
11/09/2012 11/09/12 For Sale $399,000 -- --
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 $13,465 $188,132 -- --
2024 $13,145 $179,173 -- --
2023 $13,145 $299,370 $59,870 $239,500
2022 $6,020 $108,130 $21,620 $86,510
2021 $6,390 $109,780 $21,950 $87,830
2020 $3,370 $85,185 $85,185 $0
2019 $3,258 $93,510 $93,510 $0
2018 $3,161 $78,165 $78,165 $0
2017 $3,035 $75,210 $75,210 $0
2016 $2,978 $68,070 $68,070 $0
2015 $3,051 $51,776 $51,776 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5852150

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-68-438