NOT LISTED FOR SALE

Estimated Value: $3,576,000 - $3,857,564

1.6 Acres
$2,320,713 Price per Acre
69,696 Sq Ft Lot

Last Sold June 30, 2014

Last sale price $580,000 $8 Per Sq Ft

Est. 540% increase in value since last sale

Current estimated payment $21,548/month

1,561 Days on Market

Highlights

  • Gated Community
  • Sonoran Trails Middle School Rated A-
  • 1.6 Acre Lot

About This Lot

As of June 2014

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 FINANCING AVAILABLE!!

Last Agent to Sell the Property

Paul Sexson

Russ Lyon Sotheby's International Realty License #BR108958000 Listed on: 01/21/2010

Co-Listed By

Dave Pattison

Russ Lyon Sotheby's International Realty License #SA553895000

Last Buyer's Agent

Jeffrey Sibbach

eXp Realty License #SA536153000

eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,453

Year Built

  • 2014

Lot Details

  • 1.6 Acre Lot
  • Property is zoned R1-70

Interior Spaces

  • 69,836 Sq Ft Home

Schools

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

Community Details

  • $3,625 per year Dock Fee
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$8,453

Year Built

2014

Lot Details

0

Listing Details

  • Cross Street: Pima & Happy Valley
  • Legal Info Lot Number: 3
  • Legal Info Range: 5E
  • Legal Info Section: 6
  • Legal Info Township: 4N
  • Roads Streets: Asphalt
  • Property Type: C
  • Estimated Deeded Fee Acres: 1.60
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 1.60
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 408.00
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Lot
  • Hndrd Blk Directionl: E
  • Hundred Block: 8900
  • 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: 381250.00
  • Price Per Sq Ft: 8.73
  • 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
  • Year Built (Public Record): 2014

Interior Features

  • Estimated Sq Ft: 69836.00

Exterior Features

  • Lot Number: 3

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: 3625.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2019
Sold by
Marion Michael and Marion Sheri
Bought by
Marion Michael and Marion Sheri
Total Days on Market
1561
Current Estimated Value
$3,713,141

Purchase Details

Listed on
Jan 21, 2010
Closed on
May 12, 2014
Sold by
Ppp Development Llc
Bought by
Marion Michael and Marion Sheri
Seller's Agent
Paul Sexson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jeffrey Sibbach
eXp Realty
List Price
$610,000
Sold Price
$580,000
Premium/Discount to List
-$30,000
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.51%
Original Mortgage
$900,000
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Marion Michael -- None Available
Marion Michael $580,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marion Sheri $216,000
Open Marion Michael $880,000
Closed Marion Michael $880,000
Closed Marion Michael H $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $580,000 -4.9% $8 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
01/21/2010 01/21/10 For Sale $610,000 -- $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 $8,453 $153,483 -- --
2024 $8,085 $146,175 -- --
2023 $8,085 $239,720 $47,940 $191,780
2022 $7,788 $181,210 $36,240 $144,970
2021 $8,457 $172,100 $34,420 $137,680
2020 $8,307 $167,070 $33,410 $133,660
2019 $8,058 $148,070 $29,610 $118,460
2018 $7,836 $133,560 $26,710 $106,850
2017 $7,547 $136,910 $27,380 $109,530
2016 $7,514 $130,180 $26,030 $104,150
2015 $3,470 $54,592 $54,592 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4323780

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-408