NOT LISTED FOR SALE

25579 N 88th Way Unit 31 Scottsdale, AZ 85255

Pinnacle Peak Neighborhood

Estimated Value: $3,221,000 - $3,648,000

1.23 Acres
$2,785,826 Price per Acre
53,579 Sq Ft Lot

Last Sold October 26, 2015

Last sale price $450,000 $8 Per Sq Ft

Est. 661% increase in value since last sale

Current estimated payment $18,668/month

2,010 Days on Market

About This Lot

As of October 2015

NOW OPEN TO ALL CUSTOM HOME BUILDERS! BUY & HOLD OR BUILD NOW!!The Pinnacle Is the Place To Live...Nestled in the shadows of the Pinnacle Peak Mountains is the upscale gated community of Pinnacle Peak Place. It is a private community of estate sized lots with mountain vistas that are minutes away from numerous golf courses, upscale shopping, excellent schools and easy access to the 101 Freeway. This is an exceptional offering of ''One Of A Kind'' properties with views, security, and tranquil surroundings. Don't miss this opportunity to become a resident of the exclusive North Scottsdale area. SELLER TERMS AVAILABLE!!

Last Agent to Sell the Property

Paul Sexson

Russ Lyon Sotheby's International Realty License #BR108958000 Listed on: 01/27/2010

Co-Listed By

Dave Pattison

Russ Lyon Sotheby's International Realty License #SA553895000

Last Buyer's Agent

Thuy Pham

HomeSmart License #BR528938000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,015

Lot Details

  • 1.23 Acre Lot
  • Property is zoned R1-70

Interior Spaces

  • 53,346 Sq Ft Home

Schools

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

Community Details

  • $3,193 per year Dock Fee
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,015

Lot Details

0

Listing Details

  • Cross Street: Pima & Happy Valley
  • Legal Info Lot Number: 31
  • Legal Info Range: 5E
  • Legal Info Section: 6
  • Legal Info Township: 4N
  • Roads Streets: Asphalt
  • Property Type: C
  • Estimated Deeded Fee Acres: 1.23
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 1.23
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 436.00
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Lot
  • Hndrd Blk Directionl: E
  • Hundred Block: 8800
  • Land Features: Gated Community
  • Legal Description Abbrev: PINNACLE PEAK PLACE
  • Marketing Name: Pinnacle Peak Place
  • Parcel Size: 1.00 - 2.49 Acres
  • Potential Use: Single Family
  • Price Per Acre: 402439.02
  • Price Per Sq Ft: 9.28
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: R1-70
  • Map Code Grid: J38
  • Tax Year: 2009
  • Directions: Pima and Happy Valley Road North to Desert Highlands Dr. on right East to Gates on North and South Side
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 53346.00

Exterior Features

  • Lot Number: 31

Utilities

  • Water: City Franchise
  • Electric: Aps
  • Gas: Sw Gas

Condo/Co-op/Association

  • Association Info: Owner Association
  • Association Info HOA: Y

Schools

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

Lot Info

  • Lot Size: Irregular

Tax Info

  • Taxes: 3193.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2023
Sold by
Nordstrom Richard
Bought by
Cody Thomas and Cody Lorilee
Current Estimated Value
$3,426,566

Purchase Details

Listed on
Jan 27, 2010
Closed on
Oct 16, 2015
Sold by
Ppp Development Llc
Bought by
Nordstrom Richard
Seller's Agent
Paul Sexson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Thuy Pham
HomeSmart
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.64%
Original Mortgage
$1,218,200
Interest Rate
3.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cody Thomas $3,200,000 Empire Title Agency
Nordstrom Richard $450,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nordstrom Richard $250,000
Previous Owner Nordstrom Richard $1,132,000
Previous Owner Nordstrom Richard $1,220,000
Previous Owner Nordstrom Richard $1,218,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2015 10/26/15 Sold $450,000 -9.1% $8 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
01/27/2010 01/27/10 For Sale $495,000 -- $9 / 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 $6,015 $125,126 -- --
2024 $6,591 $119,167 -- --
2023 $6,591 $204,510 $40,900 $163,610
2022 $6,349 $155,620 $31,120 $124,500
2021 $6,894 $146,520 $29,300 $117,220
2020 $6,772 $141,600 $28,320 $113,280
2019 $6,569 $123,420 $24,680 $98,740
2018 $6,388 $110,280 $22,050 $88,230
2017 $6,153 $112,920 $22,580 $90,340
2016 $2,894 $61,485 $61,485 $0
2015 $2,919 $47,056 $47,056 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Paul Sexson

    Russ Lyon Sotheby's International Realty

  • Dave Pattison

    Seller Co-Listing Agent in 2015

    Dave Pattison

    Russ Lyon Sotheby's International Realty

    (602) 321-6461

    40 Total Sales

    Dave Pattison
    Section Image
  • Thuy Pham

    Buyer's Agent in 2015

    Thuy Pham

    HomeSmart

    (602) 999-9469

    3 in this area

    52 Total Sales

    Thuy Pham
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4327965

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-436

Arizona Maricopa County Scottsdale 85255 Pinnacle Peak

25579 N 88th Way Unit 31, Scottsdale, AZ

This home is located at 25579 N 88th Way Unit 31, Scottsdale, AZ 85255 since 27 January 2010 and is currently estimated at $3,426,566, approximately $64 per square foot. 25579 N 88th Way Unit 31 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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