NOT LISTED FOR SALE

26797 N 98th Way Unit 227 Scottsdale, AZ 85262

Estimated Value: $2,335,504 - $5,875,000

0.77 Acre
$5,234,417 Price per Acre
33,541 Sq Ft Lot

Last Sold August 12, 2021

Last sale price $1,575,000

Est. 156% increase in value since last sale

Current estimated payment $22,453/month

103 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Cul-De-Sac
  • Sonoran Trails Middle School Rated A-
  • City Lights View
  • Property is near a preserve or public land

About This Lot

As of August 2021

One the best lots available in guard-gated Estancia! Looking to build your dream home, then look no further. At just over three quarters of an acre, this unique buildable lot is nestled directly under famed Pinnacle Peak on the sunny west side of Estancia and is surrounded by Pinnacle Peak Preserve. Overlooking the front nine of the Estancia golf course, enjoy endless mountain, valley, golf and city light views.Estancia is one of the top communities in North Scottsdale. This elegant private guard-gated golf community, on 640 acres, wraps around the north side of Pinnacle Peak, Scottsdales famous natural landmark. The Estancia Club is a Tom Fazio signature 18-hole championship golf course, which receives consistent national acclaim.

Last Agent to Sell the Property

Lisa Lucky

Russ Lyon Sotheby's International Realty License #BR516513000 Listed on: 03/19/2021

Russ Lyon Sotheby's International Realty

Co-Listed By

Matthew Lucky

Russ Lyon Sotheby's International Realty License #SA541803000

Last Buyer's Agent

Michelle Miller

Berkshire Hathaway HomeServices Arizona Properties License #SA643056000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,713

Lot Details

  • 0.77 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $334 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Location

  • Property is near a golf course

Schools

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

Listing and Financial Details

  • Tax Lot 227
  • Assessor Parcel Number 216-84-102

Community Details

Overview

  • Estancia Association, Phone Number (480) 342-9174
  • Estancia Subdivision
  • Property is near a preserve or public land

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$7,713

Lot Details

0

HOA Fees

$334 per month

Listing Details

  • Cross Street: Pima & Dynamite
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: Res
  • Tax Year: 2020
  • Directions: East on Dynamite to 97th Place. South to Estancia Guard Gate. Through Guard Gate and immediate Right on 96th Place. Right on 97th Place, Left on Pinnacle Vista Place, 98th Way to end of cul-de-sac.
  • Lot Size Acres: 0.77
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: ESTANCIA
  • View:Mountain View(s): Yes
  • View:City Light View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Golf Course Subd, Gated Community, Borders Pres/Pub Lnd
  • View: Mountain(s), City Light(s)
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1002.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-342-9174
  • Association Fee: 1002.0
  • Association Fee Frequency: Quarterly
  • Association Name: Estancia
  • Phone: 480-342-9174
  • Association: Yes

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

  • Lot Size: Irr
  • Lot Size Sq Ft: 33608.0
  • Additional Parcels: No
  • Parcel #: 216-84-102
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7713.0
  • Tax Book Number: 216.00
  • Tax Lot: 227
  • Tax Map Number: 84.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Aug 9, 2021
Sold by
T28 Llc
Bought by
Jessen Andrew M and Hot Rocks Trust
Seller's Agent
Lisa Lucky
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michelle Miller
Berkshire Hathaway HomeServices Arizona Properties
List Price
$1,650,000
Sold Price
$1,575,000
Premium/Discount to List
-$75,000
-4.55%
Current Estimated Value
$4,030,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,455,501
Avg. Annual Appreciation
25.01%

Purchase Details

Closed on
Jan 28, 2008
Sold by
Wallace Michael B and Wallace Muffy D
Bought by
T-28 Llc

Purchase Details

Closed on
Nov 10, 2005
Sold by
Wallace William B and Wallace Juliene A
Bought by
Wallace Michael B and Wallace Muffy D

Purchase Details

Closed on
Jan 19, 2005
Sold by
Maes Muffy D
Bought by
Wallace William and Wallace Juliene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1997
Sold by
Estancia Development Associates Llc
Bought by
Parsons Robert Ralph
Source: Public Records

Range of Values:

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Average Value
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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
Jessen Andrew M $1,575,000 First American Title Ins Co
T-28 Llc $1,428,000 First American Title Ins Co
Wallace Michael B -- --
Wallace William $1,200,000 Grand Canyon Title Agency In
Maes Muffy D -- Grand Canyon Title Agency In
Maes Muffy D $950,000 Grand Canyon Title Agency In
Parsons Robert Ralph $850,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace William $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2021 08/12/21 Sold $1,575,000 +1.6% --
06/30/2021 06/30/21 Pending -- -- --
06/23/2021 06/23/21 Price Changed $1,550,000 -6.1% --
03/19/2021 03/19/21 For Sale $1,650,000 -- --
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 $12,267 $136,579 -- --
2024 $7,507 $130,076 -- --
2023 $7,507 $154,515 $154,515 $0
2022 $7,232 $156,885 $156,885 $0
2021 $7,852 $152,565 $152,565 $0
2020 $7,713 $137,715 $137,715 $0
2019 $7,482 $137,280 $137,280 $0
2018 $7,276 $135,465 $135,465 $0
2017 $7,008 $173,445 $173,445 $0
2016 $6,977 $173,850 $173,850 $0
2015 $7,037 $152,288 $152,288 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6209426

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-84-102