$605,000
SOLD JUL 9, 2015

18972 N 98th Way Unit 3697 Scottsdale, AZ 85255

DC Ranch Neighborhood
0.56 Acre
$1,080,357 Price per Acre
24,394 Sq Ft Lot

Recently Sold

3% Below List Price

16 Days on Market

Highlights

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

About This Lot

As of May 2017

Well-priced Arcadia site! This .56 acre lot is located in the middle of Arcadia, well protected from perimter roads, and will capture front corridor views towards the McDowells. Flat and buildable, this site has over 10,000 sf of envelope, but entire lot can be improved wtih no open area requirements. Choose from one of many allowed architectural styles which range from traditional Arizona to Mediterranean to Craftsman--and use the builder of your choice to create your dream home. Guard gated area which features tree-lined streets and three manicured parks. Not many vacant lots left in this high-demand neighborhood so take advantaged of this opporutnity while you can.

Last Agent to Sell the Property

Mike Lehman

Silverleaf Realty License #SA509545000 Listed on: 04/07/2015

Last Buyer's Agent

Andrew Beardsley

Silverleaf Realty License #SA638595000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,562

HOA Fees

  • $343 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Copper Ridge Elementary School

Additional Features

  • 0.56 Acre Lot
  • 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 At Dc Ranch Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$3,562

Lot Details

0

HOA Fees

$343 per month

Listing Details

  • Cross Street: Legacy Dr & Thompson Peak Pkwy
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: Res
  • Tax Year: 2014
  • Directions: Must have appointment to access gate; guard to provide directions.
  • Lot Size Acres: 0.56
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: Silverleaf at DC Ranch
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Golf Course Subd, City Light View(s), 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: 343.0
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480 513-1500
  • HOA Transfer Fee: 475.0
  • Association Fee: 343.0
  • Association Fee Frequency: Monthly
  • Association Name: DC Ranch Association
  • Phone: 480-513-1500
  • Association: Yes

Schools

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

Lot Info

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

Tax Info

  • Tax Annual Amount: 3562.0
  • 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
Current Estimated Value
$5,037,870

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
26.19%
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 Type Sale Price Title Company
Warranty Deed $3,300,000 First American Title Insuran
Warranty Deed -- First American Title Insuran
Warranty Deed $785,000 First American Title Insuran
Warranty Deed $605,000 U S Title Agency Llc
Interfamily Deed Transfer -- --
Special Warranty Deed $718,750 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 Credit Line Revolving
Open $1,700,000 New Conventional
Closed $2,310,000 New Conventional
Previous Owner $1,575,000 Stand Alone First
Previous Owner $450,000 Purchase Money Mortgage
Previous Owner $423,500 New Conventional
Previous Owner $574,800 New Conventional
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: 5261730

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-68-440