NOT LISTED FOR SALE

26032 N 88th Way Unit 51 Scottsdale, AZ 85255

Pinnacle Peak Neighborhood

Estimated Value: $2,881,000 - $3,471,000

1.48 Acres
$2,211,101 Price per Acre
64,469 Sq Ft Lot

Last Sold June 11, 2015

Last sale price $175,000 $3 Per Sq Ft

Est. 1,770% increase in value since last sale

Current estimated payment $18,870/month

1,384 Days on Market

Highlights

  • Gated Community
  • 1.48 Acre Lot
  • Cul-De-Sac
  • Sonoran Trails Middle School Rated A-
  • Mountain View

About This Lot

As of June 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

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,011

Year Built

  • 2014

Lot Details

  • 1.48 Acre Lot
  • Cul-De-Sac
  • Property is zoned R1-43

Interior Spaces

  • 64,239 Sq Ft Home
  • Mountain Views

Schools

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

Community Details

  • $3,485 per year Dock Fee
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,011

Year Built

2014

Lot Details

0

Listing Details

  • Cross Street: Pima & Happy Valley
  • Legal Info Lot Number: 51
  • Legal Info Range: 5E
  • Legal Info Section: 6
  • Legal Info Township: 4N
  • Roads Streets: Asphalt
  • Property Type: C
  • Estimated Deeded Fee Acres: 1.48
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 1.48
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 456.00
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Lot
  • Hndrd Blk Directionl: E
  • Hundred Block: 8800
  • Land Features: Cul-De-Sac, Gated Community, Mountain View(s)
  • 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: 118243.24
  • Price Per Sq Ft: 2.72
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: R1-43
  • 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: 64239.00

Exterior Features

  • Lot Number: 51

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: 3485.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2024
Sold by
Glen Russell and Glen Korrena
Bought by
Glen Family Trust and Glen
Total Days on Market
1384
Current Estimated Value
$3,272,429

Purchase Details

Closed on
Jun 17, 2022
Sold by
88 Way Llc
Bought by
Glen Russell and Glen Korrena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,720,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2021
Sold by
Scaramella Russ and Scaramella Lori
Bought by
88 Way Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,837,500
Interest Rate
2.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2020
Sold by
Jones Matthew P and Jones Melissa W
Bought by
Scaramella Russ and Scaramella Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,837,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2014
Sold by
K Hovnanian Companies Of Arizona Llc
Bought by
Jones Matthew P and Jones Melissa W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 3, 2014
Sold by
Ppp Development Llc
Bought by
K Hovnanian Companies Of Arizona Llc
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
Glen Family Trust -- None Listed On Document
Glen Russell $3,400,000 Lawyers Title
88 Way Llc -- Lawyers Title
Scaramella Russ $2,450,000 Lawyers Title Of Arizona Inc
Jones Matthew P $1,142,532 New Land Title Agency
K Hovnanian Companies Of Arizona Llc $175,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glen Russell $2,720,000
Previous Owner 88 Way Llc $1,837,500
Previous Owner Scaramella Russ $1,837,500
Previous Owner Jones Matthew P $1,218,000
Previous Owner Jones Matthew P $407,000
Previous Owner Jones Matthew P $800,000
Previous Owner Ppp Development Llc $7,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2015 06/11/15 Sold $175,000 0.0% $3 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
01/27/2010 01/27/10 For Sale $175,000 -- $3 / 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 $6,011 $113,150 -- --
2024 $5,960 $107,762 -- --
2023 $5,960 $188,760 $37,750 $151,010
2022 $5,742 $138,870 $27,770 $111,100
2021 $6,234 $132,060 $26,410 $105,650
2020 $5,444 $133,810 $26,760 $107,050
2019 $5,232 $121,000 $24,200 $96,800
2018 $5,057 $108,820 $21,760 $87,060
2017 $4,824 $112,330 $22,460 $89,870
2016 $4,835 $97,250 $19,450 $77,800
2015 $3,219 $42,688 $42,688 $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

    48 Total Sales

    Dave Pattison
    Section Image

  • N

    Buyer's Agent in 2015

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4328078

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-456

Arizona Maricopa County Scottsdale 85255 Pinnacle Peak

26032 N 88th Way Unit 51, Scottsdale, AZ

This home is located at 26032 N 88th Way Unit 51, Scottsdale, AZ 85255 since 27 January 2010 and is currently estimated at $3,272,429, approximately $50 per square foot. This property was built in 2014. 26032 N 88th Way Unit 51 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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