NOT LISTED FOR SALE

Estimated Value: $1,285,981

4 Beds
5 Baths
3,546 Sq Ft
$363/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $1,350,000 $381 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,676/month

76 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Family Room with Fireplace
  • Pinnacle Peak Elementary School Rated A
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of June 2023

This beautifully appointed 4 bedroom, single family home, is nestled in the gated North Scottsdale community of Summit at Silverstone. In the heart of Pinnacle Peak in N. Scottsdale within walking distance to restaurants, retail shops, public library & parks. The community offers a large pool, spa, sauna, workout facility, Gazebo & BBQ area and fire pit sitting area. Dramatic sunsets, city lights & down valley views can be enjoyed from the beautifully appointed patio & upstairs balcony. The home has an open floor plan w/a family room fireplace & wine wall, large kitchen island, new designer kitchen appliances & walk-in pantry. Upper level offers the perfect space for entertaining w/a large bar area and multi slide patio doors which open to the balcony-great for indoor-outdoor living.

Last Agent to Sell the Property

Debbie Sinagoga

Russ Lyon Sotheby's International Realty License #BR535121000 Listed on: 02/02/2023

Russ Lyon Sotheby's International Realty

Co-Listed By

Kris LaCroix

Russ Lyon Sotheby's International Realty License #SA509218000

Last Buyer's Agent

Elizabeth Lomax

Mirabel Properties License #SA674262000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,063

Year Built

  • Built in 2018

Lot Details

  • 5,021 Sq Ft Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Property Attached
  • Roof Updated in 2022
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,546 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Kitchen Updated in 2021
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

  • Pinnacle Peak Preparatory Elementary School
  • Mountain Trail Middle School
  • Pinnacle High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 212-03-625

Community Details

Overview

  • Association fees include roof repair, ground maintenance, street maintenance, front yard maint, roof replacement
  • Assoc. Property Mgmt Association, Phone Number (480) 941-1077
  • Built by K Hovnanian
  • Silverstone Parcel F Subdivision

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,063

Year Built

Built in 2018

Lot Details

0

HOA Fees

$285 per month

Parking

2

Listing Details

  • Cross Street: Pinnacle Peak and Scottsdale Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 285.0
  • Basement: N
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2021
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2022
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2018
  • Tax Year: 2022
  • Directions: From Scottsdale Rd./East on Pinnacle Peak to 74th St./South to second gated entrance on right (Paraiso Dr.)/Through gate to home.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: SILVERSTONE PARCEL F
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 285.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3546.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: Engy Star (See Rmks)
  • Security: Fire Sprinkler System
  • 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 Spa Htd, Community Pool Htd, Community Pool, Fitness Center
  • Association Fee: 285.0
  • Association Fee Frequency: Monthly
  • Association Name: Summit Silverstone
  • Phone: 480-941-1077 ext 49
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Summit Silverstone
  • Association Fees:HOA Telephone4: 480-941-1077 ext. 49
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 520.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 570.0
  • Association Fees:Disclosure Fees HOA: 250.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Assoc. Property Mgmt
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Maintenance Grounds, Street Maint, Front Yard Maint, Roof Replacement

Schools

  • Elementary School: Pinnacle Peak Preparatory
  • High School: Pinnacle High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Mountain Trail Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5021.0
  • Parcel #: 212-03-625

Building Info

  • Builder Name: K Hovnanian

Tax Info

  • Tax Annual Amount: 5063.0
  • Tax Book Number: 212.00
  • Tax Lot: 17
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Jun 1, 2023
Sold by
Russell And Kimberly Tonnies Family Trus
Bought by
Mark Randall Truitt Trust
Seller's Agent
Debbie Sinagoga
Russ Lyon Sotheby's International Realty
Buyer's Agent
Elizabeth Lomax
Mirabel Properties
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%
Views
33
Current Estimated Value
$1,285,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,019
Avg. Annual Appreciation
-3.70%

Purchase Details

Listed on
Oct 31, 2018
Closed on
Dec 10, 2018
Sold by
Shefts Misha and Shefts Sherry
Bought by
Tonnies Russell F and Tonnies Kimberly M
Seller's Agent
Mel & Becky Griffin
Realty ONE Group
Buyer's Agent
Debbie Sinagoga
Russ Lyon Sotheby's International Realty
List Price
$995,000
Sold Price
$945,000
Premium/Discount to List
-$50,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%

Purchase Details

Closed on
Aug 20, 2018
Sold by
Gtis Hov At Silverstone Llc
Bought by
Shefts Misha and Shefts Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,820
Interest Rate
4.5%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Mark Randall Truitt Trust $1,350,000 Pioneer Title Services
Tonnies Russell F $945,000 Arizona Premier Title Llc
Shefts Misha $722,970 New Land Title Agency Llc
Gtis Hov At Silverstone Llc -- New Land Title Agency
K Hovnanian Great Western Building Compa -- New Land Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gtis Hov At Silverstone Llc $233,820
Previous Owner Shefts Misha $453,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $1,350,000 0.0% $381 / Sq Ft
04/12/2023 04/12/23 Price Changed $1,350,000 -3.6% $381 / Sq Ft
02/02/2023 02/02/23 For Sale $1,400,000 +48.1% $395 / Sq Ft
12/14/2018 12/14/18 Sold $945,000 -0.4% $266 / Sq Ft
11/13/2018 11/13/18 Price Changed $949,000 -4.6% $268 / Sq Ft
10/31/2018 10/31/18 For Sale $995,000 -- $281 / 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 $4,612 $58,828 -- --
2024 $4,537 $44,525 -- --
2023 $4,537 $77,100 $15,420 $61,680
2022 $5,063 $67,530 $13,500 $54,030
2021 $5,154 $74,660 $14,930 $59,730
2020 $5,010 $68,620 $13,720 $54,900
2019 $5,046 $60,970 $12,190 $48,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6515308

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-03-625