NOT LISTED FOR SALE

18972 N 98th Way Unit 3697 Scottsdale, AZ 85255

DC Ranch Neighborhood

Estimated Value: $4,682,000 - $5,668,000

0.56 Acre
$8,999,746 Price per Acre
24,394 Sq Ft Lot

Last Sold May 04, 2017

Last sale price $785,000

Est. 542% increase in value since last sale

Current estimated payment $28,310/month

84 Days on Market

Highlights

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

About This Lot

As of May 2017

Now available - one of the few remaining interior lots in the sought after Arcadia neighborhood in Silverleaf. Approved plans for a 5,250 square foot, single story Formal Mediterranean home are available for purchase, saving you time and money on the design process. This is an opportunity to experience all that Silverleaf has to offer. Do not miss out!

Last Agent to Sell the Property

Andrew Beardsley

Silverleaf Realty License #SA638595000 Listed on: 10/26/2016

Last Buyer's Agent

Nathan Gossage

Cambridge Properties License #SA630860000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,300

Lot Details

  • 0.56 Acre Lot
  • Block Wall Fence

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 3697
  • Assessor Parcel Number 217-68-440

Community Details

Overview

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

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$3,300

Lot Details

0

HOA Fees

$408 per month

Listing Details

  • Cross Street: Thompson Peak Parkway & Legacy Boulevard
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Raw Land, Plans Available
  • Zoning: RES
  • Tax Year: 2015
  • Directions: North on Thompson Peak Parkway to Parkside Lane (guard gate), west to Kemper's Way, south to 98th Way, west to lot on the right.
  • Lot Size Acres: 0.56
  • Subdivision Name: Silverleaf
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Golf Course Subd, Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: None
  • 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 Association
  • Phone: 480-513-1500
  • Association: Yes

Schools

  • Elementary School: Copper Ridge Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Copper Ridge Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 24355.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 217-68-440
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3300.0
  • Tax Book Number: 217.00
  • Tax Lot: 3697
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2018
Sold by
98Th Way Llc
Bought by
Buesing Gerald J
Total Days on Market
84
Current Estimated Value
$5,039,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,310,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2016
Closed on
Jun 27, 2017
Sold by
Caan Development Company Llc
Bought by
98Th Way Llc
Seller's Agent
Andrew Beardsley
Silverleaf Realty
Buyer's Agent
Nathan Gossage
Cambridge Properties
List Price
$825,000
Sold Price
$785,000
Premium/Discount to List
-$40,000
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.62%
Original Mortgage
$450,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 26, 2016
Closed on
May 2, 2017
Sold by
Sl3697 Llc
Bought by
Caan Development Company Llc
Seller's Agent
Andrew Beardsley
Silverleaf Realty
Buyer's Agent
Nathan Gossage
Cambridge Properties
List Price
$825,000
Sold Price
$785,000
Premium/Discount to List
-$40,000
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 7, 2015
Closed on
Jul 3, 2015
Sold by
Tam Marvin K and Vo Thuyngoc Thi
Bought by
Sl3697 Llc
Seller's Agent
Mike Lehman
Silverleaf Realty
Buyer's Agent
Andrew Beardsley
Silverleaf Realty
List Price
$625,000
Sold Price
$605,000
Premium/Discount to List
-$20,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.39%
Original Mortgage
$423,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2005
Sold by
Tam Marvin K and Vo Thuyngoc T
Bought by
Tam Marvin K and Vo Thuyngoc Thi

Purchase Details

Closed on
Aug 11, 2005
Sold by
Dc Ranch Llc
Bought by
Tam Marvin K and Vo Thuyngoc T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,800
Interest Rate
5.48%
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
Buesing Gerald J $3,300,000 First American Title Insuran
98Th Way Llc -- First American Title Insuran
Caan Development Company Llc $785,000 First American Title Insuran
Sl3697 Llc $605,000 U S Title Agency Llc
Tam Marvin K -- --
Tam Marvin K $718,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buesing Gerald J $650,000
Open Buesing Gerald J $1,700,000
Closed Buesing Gerald J $2,310,000
Previous Owner 98Th Way Llc $1,575,000
Previous Owner 98Th Way Llc $450,000
Previous Owner Sl3697 Llc $423,500
Previous Owner Tam Marvin K $574,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2017 05/04/17 Sold $785,000 -4.8% --
01/18/2017 01/18/17 Pending -- -- --
10/26/2016 10/26/16 For Sale $825,000 +36.4% --
07/09/2015 07/09/15 Sold $605,000 -3.2% --
04/23/2015 04/23/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $625,000 -- --
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 $13,855 $201,966 -- --
2024 $13,511 $192,349 -- --
2023 $13,511 $295,550 $59,110 $236,440
2022 $12,799 $244,200 $48,840 $195,360
2021 $13,624 $245,010 $49,000 $196,010
2020 $13,505 $219,350 $43,870 $175,480
2019 $13,037 $209,320 $41,860 $167,460
2018 $3,504 $85,320 $85,320 $0
2017 $3,363 $82,095 $82,095 $0
2016 $3,300 $73,755 $73,755 $0
2015 $3,381 $56,704 $56,704 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5516793

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-68-440