NOT LISTED FOR SALE

25507 N 88th Way Scottsdale, AZ 85255

Pinnacle Peak Neighborhood

Estimated Value: $3,278,000 - $3,561,000

5 Beds
4.5 Baths
4,444 Sq Ft
$767/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $2,450,000 $551 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $18,615/month

46 Days on Market

Highlights

  • Heated Pool
  • Gated Community
  • 1.47 Acre Lot
  • Sonoran Trails Middle School Rated A-
  • City Lights View
  • Wood Flooring

About This Home

As of March 2021

Come enjoy this one-of-a-kind White Modern Farmhouse with its spectacular city light and mountain views on 1.4 Acre+, stunning pool and spa in the exclusive gated community of Pinnacle Peak Place.
This 5 bedroom + office, 4.5 bath masterpiece is finished with luxurious hardwood floors and top-notch tile work throughout the bathrooms. The newly built open concept floorplan brings together your gourmet chef's kitchen and stunning family room with gorgeous site lines. The eat in dining room alongside your high-end Wolf / Sub-Zero appliances make for the perfect combination of form & function. A wet bar featuring a built-in wine dispenser / ice maker & wine fridge will make this the perfect entertainment home. The split master floor plan provides the necessary privacy for your master suite complimented once again by incredible views from your master window. Exit the 16-foot pocket door to your huge covered patio finished with travertine pavers perfect for indoor / outdoor living. The resort style yard features a heated swimming pool / spa that allows for year-round entertaining and fun. A custom fountain and 1500 square feet of synthetic grass finish off the yard which is perfectly framed by the stunning McDowell Mountains. Whether it be the World Class Golf, picturesque hiking / biking trails, or incredible shopping, this home can be the center of your new universe while redefining luxury. Come see first-hand why the world is moving here in droves and demand has never been greater. All furnishings are also available for sale.

Last Agent to Sell the Property

Nick Arekat

Compass License #SA522994000 Listed on: 12/16/2020

Compass

Co-Listed By

Rashied Arekat

Compass License #SA568311000

Last Buyer's Agent

Mondai Adair

Keller Williams Integrity First License #SA556948000

Keller Williams Integrity First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,086

Year Built

  • Built in 2018

Lot Details

  • 1.47 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

  • City Lights
  • Mountain

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,444 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Family Room with Fireplace

Kitchen

  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home
  • Fire Sprinkler System

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Patio
  • Fire Pit
  • Built-In Barbecue

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Softener

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 217-04-437

Community Details

Overview

  • Association fees include ground maintenance
  • Pinnacle Peak Place Association, Phone Number (602) 263-7772
  • Built by CAMBRIC CONSTRUCTION LLC
  • Pinnacle Peak Place Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,086

Year Built

Built in 2018

Lot Details

0

HOA Fees

$105 per month

Parking

3

Listing Details

  • Cross Street: Pima and Happy Valley
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 105.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: East on Happy Valley. North on 89th street through the gate.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.47
  • Co List Office Mls Id: praz04
  • Co List Office Phone: 480-505-6300
  • Subdivision Name: PINNACLE PEAK PLACE
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 315.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, Family Room
  • Fireplace: Yes
  • Interior Amenities: Fire Sprinklers, Soft Water Loop, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Smart Home
  • Living Area: 4444.0
  • Stories: 1
  • Window Features: Dual Pane, Low-E, Tinted Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Patio, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Synthetic Grass Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Garage Spaces: 3.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Amenities: Management
  • Association Fee: 315.0
  • Association Fee Frequency: Quarterly
  • Association Name: Pinnacle Peak Place
  • Phone: 602-263-7772
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Pinnacle Peak Place
  • Association Fees:HOA Telephone4: 602 263 7772
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 64195.0
  • Parcel #: 217-04-437
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: CAMBRIC CONSTRUCTION LLC

Tax Info

  • Tax Annual Amount: 5086.0
  • Tax Book Number: 217.00
  • Tax Lot: 32
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Epperson Anthony J and Epperson Whitney
Bought by
Epperson Anthony J and Epperson Whitney
Total Days on Market
46
Current Estimated Value
$3,408,844

Purchase Details

Listed on
Dec 16, 2020
Closed on
Feb 1, 2021
Sold by
Francis Jason W and Francis Morgan T
Bought by
Epperson Anthony J and Epperson Whitney
Seller's Agent
Nick Arekat
Compass
Buyer's Agent
Mondai Adair
Keller Williams Integrity First
List Price
$2,575,000
Sold Price
$2,450,000
Premium/Discount to List
-$125,000
-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
8.09%
Original Mortgage
$1,225,000
Outstanding Balance
$1,108,927
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$2,298,297

Purchase Details

Closed on
Apr 3, 2019
Sold by
Francis Morgan and Francis Jason W
Bought by
Francis Jason W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2019
Sold by
Francis Jason W
Bought by
Francis Jason W and Francis Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2019
Sold by
Francis Jason
Bought by
Francis Jason W and Francis Jason

Purchase Details

Closed on
Jun 22, 2018
Sold by
Francis Morgan and Francis Jason
Bought by
Morgan Francis Jason and Morgan Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,119,760
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 17, 2017
Sold by
Ppp Development Llc
Bought by
Combric Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Epperson Anthony J -- None Available
Epperson Anthony J $2,450,000 First American Title Ins Co
Francis Jason W -- Pioneer Title Agency Inc
Francis Jason W -- Pioneer Title Agency Inc
Francis Jason W -- Pioneer Title Agency Inc
Francis Jason W -- None Available
Morgan Francis Jason -- Lawyer Title Of Arizona Inc
Francis Jason $1,399,700 Lawyers Title Of Arizona Inc
Combric Construction Llc $880,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Epperson Anthony J $1,225,000
Previous Owner Francis Jason W $240,000
Previous Owner Francis Jason $1,275,000
Previous Owner Cambric Construction Llc $1,000,000
Previous Owner Francis Jason $1,119,760
Previous Owner Morgan Francis Jason $138,550
Previous Owner Combric Construction Llc $83,000
Previous Owner Cambric Construction Llc $83,000
Previous Owner Cambric Construction Llc $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $2,450,000 +1.0% $551 / Sq Ft
01/26/2021 01/26/21 Price Changed $2,425,000 -3.0% $546 / Sq Ft
01/06/2021 01/06/21 Price Changed $2,499,999 -2.9% $563 / Sq Ft
12/16/2020 12/16/20 For Sale $2,575,000 -- $579 / 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 $5,027 $106,444 -- --
2024 $4,857 $101,376 -- --
2023 $4,857 $184,910 $36,980 $147,930
2022 $4,689 $135,270 $27,050 $108,220
2021 $5,118 $127,920 $25,580 $102,340
2020 $5,086 $123,660 $24,730 $98,930
2019 $4,886 $110,320 $22,060 $88,260
2018 $2,738 $38,115 $38,115 $0
2017 $3,204 $45,795 $45,795 $0
2016 $3,190 $46,365 $46,365 $0
2015 $3,218 $42,672 $42,672 $0
Source: Public Records

Agents Affiliated with this Home

  • Nick Arekat

    Seller's Agent in 2021

    Nick Arekat

    Compass

    (602) 321-2084

    5 in this area

    174 Total Sales

    Nick Arekat
    Section Image
  • Rashied Arekat

    Seller Co-Listing Agent in 2021

    Rashied Arekat

    Compass

    (480) 226-9429

    2 in this area

    66 Total Sales

    Rashied Arekat
    Section Image
  • Mondai Adair

    Buyer's Agent in 2021

    Mondai Adair

    Keller Williams Integrity First

    (602) 793-0977

    1 in this area

    131 Total Sales

    Mondai Adair
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6171914

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-437

Arizona Maricopa County Scottsdale 85255 Pinnacle Peak

25507 N 88th Way, Scottsdale, AZ

This home is located at 25507 N 88th Way, Scottsdale, AZ 85255 since 16 December 2020 and is currently estimated at $3,408,844, approximately $767 per square foot. This property was built in 2018. 25507 N 88th Way is a home located in Maricopa County with nearby schools including Desert Sun Academy, Sonoran Trails Middle School, and Cactus Shadows High School.

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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