$2,450,000
SOLD SEP 24, 2020

26032 N 88th Way Scottsdale, AZ 85255

Pinnacle Peak Neighborhood
5 Beds
4.5 Baths
4,122 Sq Ft
1.47 Acres

Recently Sold

$594 Per Sq Ft

21 Days on Market

Highlights

  • Guest House
  • Private Pool
  • 1.47 Acre Lot
  • Sonoran Trails Middle School Rated A-
  • Gated Community
  • Fireplace in Primary Bedroom

About This Home

As of June 2022

This home has it all! Spacious 4,647 sqft. 5 bed 4.5 bath home was masterminded by Dutch architectural and interior designer Piet Boon. Featured in Phoenix Home & Garden. Split floor plan and detached casita offer flexibility. Quality finishings throughout. 4 car extended length tandem garage features attached cabinets, overhead storage racks and wall storage. Large his/her custom closet. Outdoor shower off the master bath. Savant home automation throughout. Too many features to list. Nearly 1.5-acre lot. Bi-fold doors open up to an outdoor paradise designed by renowned landscape designer Kirk Bianchi. Large pool with baja shelf, spa, slide and several fire features. Pentair pool/landscape automation system. Bring your most discerning buyers! Furnishings available via separate BOS.

Last Agent to Sell the Property

Troy Stortz

Russ Lyon Sotheby's International Realty License #SA558058000 Listed on: 07/31/2020

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Michael Scaramella

My Home Group Real Estate License #SA691047000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,232

Year Built

  • Built in 2014

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
  • Misting System

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Garage ceiling height seven feet or more
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,122 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • 3 Fireplaces

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 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

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Built-In Barbecue
  • Playground

Additional Homes

  • Guest House

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 217-04-456

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Morrison Group (Aam) Association, Phone Number (602) 263-7772
  • Built by K. Hovanian
  • Pinnacle Peak Place Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,232

Year Built

Built in 2014

Lot Details

0

HOA Fees

$105 per month

Parking

4

Listing Details

  • Cross Street: Pima Rd & Happy Valley Rd
  • 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: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2014
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: North on Pima to Desert Highlands Dr, Right on Desert Highlands Dr to 89th St, Left on 89th St to North gate, 89th St to 88th Way, Left on 88th Way, Home will be on your right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.47
  • Subdivision Name: PINNACLE PEAK PLACE
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 315.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, 3+ Fireplace, Exterior Fireplace, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Breakfast Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4122.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Playground, Misting System, Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Cul-De-Sac, Synthetic Grass Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted, Stone
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Misting System: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Tandem Garage, Garage Door Opener, Extended Length Garage, Attch'd Gar Cabinets, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • 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: 320.0
  • 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
  • Association Fees:HOA Management Company: Morrison Group (AAM)
  • Association Fees:Cap ImprovementImpact Fee 2: 210.0
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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: 64239.0
  • Parcel #: 217-04-456

Building Info

  • Builder Name: K. Hovanian

Tax Info

  • Tax Annual Amount: 5232.0
  • Tax Book Number: 217.00
  • Tax Lot: 51
  • Tax Map Number: 4.00

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
Current Estimated Value
$3,296,586

Purchase Details

Listed on
May 16, 2022
Closed on
Jun 17, 2022
Sold by
88 Way Llc
Bought by
Glen Russell and Glen Korrena
Seller's Agent
Valerie White
Citiea
Buyer's Agent
Breanna Nichole Roberts
Compass
List Price
$3,500,000
Sold Price
$3,400,000
Premium/Discount to List
-$100,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.30%
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

Listed on
Jul 31, 2020
Closed on
Aug 26, 2020
Sold by
Jones Matthew P and Jones Melissa W
Bought by
Scaramella Russ and Scaramella Lori
Seller's Agent
Troy Stortz
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michael Scaramella
My Home Group Real Estate
List Price
$2,450,000
Sold Price
$2,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
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

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 Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed $3,400,000 Lawyers Title
Warranty Deed -- Lawyers Title
Warranty Deed $2,450,000 Lawyers Title Of Arizona Inc
Special Warranty Deed $1,142,532 New Land Title Agency
Cash Sale Deed $175,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,720,000 New Conventional
Previous Owner $1,837,500 Commercial
Previous Owner $1,837,500 Purchase Money Mortgage
Previous Owner $800,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $3,400,000 -2.9% $825 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $3,500,000 +2.9% $849 / Sq Ft
05/16/2022 05/16/22 Off Market $3,400,000 -- --
04/21/2022 04/21/22 For Sale $3,500,000 +42.9% $849 / Sq Ft
09/24/2020 09/24/20 Sold $2,450,000 0.0% $594 / Sq Ft
07/31/2020 07/31/20 For Sale $2,450,000 -- $594 / 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

  • Valerie White

    Seller's Agent in 2022

    Valerie White

    Citiea

    (480) 231-3679

    2 in this area

    75 Total Sales

    Valerie White
    Section Image

  • B

    Seller Co-Listing Agent in 2022

    Breanna Roberts

    Elite Partners

  • Troy Stortz

    Seller's Agent in 2020

    Troy Stortz

    Russ Lyon Sotheby's International Realty

    (480) 365-8261

    1 in this area

    4 Total Sales

    Troy Stortz
    Section Image

  • M

    Buyer's Agent in 2020

    Michael Scaramella

    My Home Group

    (770) 696-7986

    2 Total Sales

    Michael Scaramella
    Section Image
  • Carl Perera

    Buyer Co-Listing Agent in 2020

    Carl Perera

    ARRT of Real Estate

    (480) 332-7122

    36 Total Sales

    Carl Perera
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6110779

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-456

Arizona Maricopa County Scottsdale 85255 Pinnacle Peak

26032 N 88th Way, Scottsdale, AZ

This home is located at 26032 N 88th Way, Scottsdale, AZ 85255 and is currently priced at $2,450,000, approximately $594 per square foot. This property was built in 2014. 26032 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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