NOT LISTED FOR SALE

27049 N 98th Way Unit 223 Scottsdale, AZ 85262

Estimated Value: $4,886,000 - $6,135,061

3 Beds
5 Baths
6,901 Sq Ft
$812/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $3,475,000 $504 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $30,805/month

165 Days on Market

Highlights

  • On Golf Course
  • Gated with Attendant
  • City Lights View
  • Sonoran Trails Middle School Rated A-
  • Heated Spa
  • Contemporary Architecture

About This Home

As of May 2023

STUNNING SOFT CONTEMPORARY RESIDENCE, LOCATED ON THE STREET OF DREAMS IN ESTANCIA! THIS ESTATE HOME IS SITED ON ONE OF THE LARGEST PARCELS (NEARLY 1.5 ACRES) IN THE RENOWNED GUARD-GATED COMMUNITY, HOME TO THE TOM FAZIO-DESIGNED ESTANCIA CLUB. THE BUYER PREMIUM FOR THIS PRIVATE LOCALE IS EVIDENCED BY THE BREATHTAKING SUNSET AND CITY LIGHT/MOUNTAIN VIEWS. THE HOME IS IDEALLY SET BACK ON THE BUILDING PAD FOR MAXIMIZING PRIVACY AND 40 MILE VIEWS. THE ARCHITECTURE ALLOWS FOR GORGEOUS NATURAL LIGHT THROUGHOUT AND FEATURES EXTENSIVE USE OF BEAUTIFUL CHERRY WOOD, COPPER DETAILING AND IVORY TUMBLED TRAVERTINE PLUS SOLID SLUMP BLOCK CONSTRUCTION. KITCHEN FEATURES INCLUDE VIKING, SUBZERO AND GROHE APPLIANCES. THE CURRENT FLOOR PLAN HAS AN EXPANSIVE PRIMARY SUITE, TWO PRIVATE GUEST SUITES, AND OPEN CHEF'S KITCHEN TO FAMILY ROOM PLUS ELEGANT ENTERTAINING AND DINING ROOMS. A LOWER LEVEL ENTERTAINMENT ROOM PROVIDES A GREAT CINEMA AND GAMING ZONE OR COULD EASILY BE CONVERTED TO A FOURTH BEDROOM . ADDITIONALLY, THERE IS ROOM IN THE BUILDING ENVELOP TO ADD A SEPARATE CASITA. A DEDICATED COMMERCIAL-GRADE ELEVATOR PROVIDES ALTERNATIVE ACCESS BETWEEN THE LOWER LEVEL AND MAIN LEVEL OF THIS HOME. THE BACKYARD PATIO AND POOL/SPA AREA IS COMPLETELY PRIVATE AS IT ABUTS NAOS PINNACLE PEAK LAND. ENJOY STUNNING ARIZONA SUNSETS AND SEAMLESS INDOOR TO OUTDOOR ARIZONA LIVING AT ITS FINEST!

Last Agent to Sell the Property

Julie Rohr

RETSY License #SA642841000 Listed on: 11/21/2022

RETSY

Co-Listed By

Polly Wintergalen

RETSY License #SA678966000

Last Buyer's Agent

Ty Reeves

My Home Group Real Estate License #BR516286000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,373

Year Built

  • Built in 2002

Lot Details

  • 1.43 Acre Lot
  • On Golf Course
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $334 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Heated Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Room Addition Constructed in 2022
  • Brick Exterior Construction
  • Tile Roof
  • Built-Up Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 6,901 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Mechanical Sun Shade
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom
  • 5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Accessible Hallway
  • Multiple Entries or Exits
  • Hard or Low Nap Flooring

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 223
  • Assessor Parcel Number 216-84-098

Community Details

Overview

  • Association fees include ground maintenance, (see remarks)
  • Estancia HOA, Phone Number (480) 342-9174
  • Built by Fisher
  • Estancia Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,373

Year Built

Built in 2002

Lot Details

0

HOA Fees

$334 per month

Parking

3

Listing Details

  • Cross Street: Pima Road and Dynamite Blvd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 334.0
  • Basement: N
  • Updated Room Addition: Partial
  • Items Updated Rm Adtn Yr Updated: 2022
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Spa Private: Yes
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.43
  • Co List Office Mls Id: rets001
  • Co List Office Phone: 602-842-0000
  • Subdivision Name: ESTANCIA
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 1002.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Accessibility Features: Mltpl Entries/Exits, Hard/Low Nap Floors, Accessible Hallway(s)
  • Total Bedrooms: 3
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: See Remarks, Master Downstairs, Eat-in Kitchen, Elevator, Furnished(See Rmrks), Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 6901.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane, Mechanical Sun Shds
  • ResoLivingAreaSource: Builder
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced, Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Brick Veneer, Stone, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Separate Strge Area, Temp Controlled
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 6.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Guarded Entry, Golf
  • Amenities: Club, Membership Opt, Management
  • Association Fee: 1002.0
  • Association Fee Frequency: Quarterly
  • Association Name: Estancia HOA
  • Phone: 480-342-9174
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Estancia HOA
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 0.05
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks)

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: 62378.0
  • Parcel #: 216-84-098
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Fisher

Tax Info

  • Tax Annual Amount: 12373.0
  • Tax Book Number: 216.00
  • Tax Lot: 223
  • Tax Map Number: 84.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Reeves Family Trust and Reeves Ronald Daniel
Bought by
Sjs Desert Ventures Llc
Current Estimated Value
$5,606,020

Purchase Details

Closed on
Mar 14, 2003
Sold by
Morrison Scott and Morrison Susan L
Bought by
Erickson Ronald A and Erickson Kristine S

Purchase Details

Closed on
Sep 4, 2002
Sold by
Morrison Scott H
Bought by
Morrison Scott and Morrison Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 1998
Sold by
Waxman Debra M
Bought by
Morrison Scott H

Purchase Details

Closed on
Jan 25, 1996
Sold by
Waxman Robert K
Bought by
Waxman Debra M
Source: Public Records

Range of Values:

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List 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
Sjs Desert Ventures Llc $6,100,000 Arizona Premier Title
Erickson Ronald A $3,887,500 Fidelity National Title
Morrison Scott -- Fidelity National Title
Morrison Scott H $515,000 --
Waxman Debra M -- Security Title Agency
Waxman Debra M $700,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrison Scott $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2023 05/30/23 Sold $3,475,000 -24.9% $504 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
03/17/2023 03/17/23 Price Changed $4,625,000 -7.4% $670 / Sq Ft
01/22/2023 01/22/23 Price Changed $4,995,000 -9.2% $724 / Sq Ft
11/18/2022 11/18/22 For Sale $5,500,000 -- $797 / 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 $13,540 $243,831 -- --
2024 $12,844 $232,220 -- --
2023 $12,844 $296,360 $59,270 $237,090
2022 $12,373 $210,630 $42,120 $168,510
2021 $14,546 $217,200 $43,440 $173,760
2020 $15,220 $230,160 $46,030 $184,130
2019 $14,764 $209,860 $41,970 $167,890
2018 $15,069 $209,750 $41,950 $167,800
2017 $14,603 $211,930 $42,380 $169,550
2016 $14,539 $198,850 $39,770 $159,080
2015 $13,748 $182,320 $36,460 $145,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6490913

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-84-098