NOT LISTED FOR SALE

27049 N 98th Way Scottsdale, AZ 85262

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

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

Last Sold June 07, 2024

Last sale price $6,100,000 $884 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $30,874/month

71 Days on Market

Highlights

  • Concierge
  • On Golf Course
  • Heated Spa
  • Sonoran Trails Middle School Rated A-
  • Gated with Attendant
  • Mountain View

About This Home

As of June 2024

Exquisitely situated within the prestigious guard-gated enclave of Estancia, renowned for its distinguished Tom Fazio-designed golf course, this contemporary masterpiece is an emblem of luxury living. Spanning nearly 7000 square feet, the residence showcases an opulent fusion of stone, stucco, tile, and copper, elevating its exterior to a pinnacle of modern sophistication.

Perched on a prime, multimillion-dollar view lot in coveted north Scottsdale, and gracing the highest street in Estancia, this estate offers unparalleled vistas that will enchant and captivate at every turn. From the awe-inspiring city lights to the majestic mountain panoramas, and culminating in the breathtaking spectacle of the sunsets, each vista is a testament to the extraordinary beauty of its surroundings. The interior of this hillside sanctuary, encompassing five bedrooms and five baths, is a symphony of refined elegance and meticulous craftsmanship. Thoughtfully curated finishes abound, from the dramatic accent walls to the towering 15-foot fireplaces, showcasing a seamless blend of contemporary design elements.

Enter the heart of the home, where light-filled spaces adorned with natural wood flooring and cascading waterfall Quartz and Quartzite countertops beckon. The Chef's kitchen is a culinary haven, boasting a colossal quartzite waterfall island, Viking and Wolf appliances, dual sinks, dishwashers, and a 48" Viking cooktop.

The primary suite feautres a sanctuary of unparalleled luxury. A sweeping wall of cream limestone, adorned with a charcoal soapstone apron and contemporary fireplace, sets the stage for a tranquil retreat. Floor-to-ceiling windows frame mesmerizing views, while the ensuite bath is a sanctuary of indulgence, featuring a soaking tub, light cream tile flooring, quartz waterfalls, and a lavish shower with dual heads and multiple massagers.

Take the ELEVATOR, if you wish, to the lower level, where an array of amenities awaits, including a second kitchen, temperature-controlled 900-bottle wine room, and versatile living spaces suitable for a media room, guest suite, or fifth bedroom. The estate's expansive 1.5-acre hillside lot is complemented by a 3-car plus garage with glass and black metal doors, a golf cart parking area, and a plethora of cutting-edge amenities such as tankless hot water, soft water, R/O system, and central vac.

Outside, the resort-inspired backyard beckons with six outdoor patio areas, an inviting pool, spa, gas fireplace, and grill, all framed by bi-folding doors off the kitchen and illuminated pathways, creating an enchanting ambiance for al fresco entertaining.

Intrigued buyers are cordially invited to experience the unparalleled grandeur of this singular residence, where every detail is a testament to the pinnacle of luxury living and the epitome of sophistication.

Last Agent to Sell the Property

McKenna Reeves

eXp Realty License #SA680852000 Listed on: 03/08/2024

eXp Realty

Co-Listed By

Wendy Walker

The Agency License #SA520073000

Last Buyer's Agent

Jay Pennypacker

The Noble Agency License #SA629903000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,844

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

  • $403 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Electric Vehicle Home Charger
  • Heated Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Room Addition Constructed in 2024
  • Roof Updated in 2024
  • 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
  • Mountain Views
  • Security System Owned

Kitchen

  • Kitchen Updated in 2024
  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Floors Updated in 2024
  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Bathroom Updated in 2024
  • Primary Bathroom is a Full Bathroom
  • 5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

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

Pool

  • Pool Updated in 2024
  • 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

  • Cooling System Updated in 2024
  • Central Air
  • Heating System Uses Natural Gas
  • Plumbing System Updated in 2024
  • Wiring Updated in 2024
  • 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 Association, Phone Number (480) 342-9174
  • Built by Fisher
  • Estancia Phase 3 Subdivision

Recreation

  • Golf Course Community

Additional Features

  • Concierge
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,844

Year Built

Built in 2002

Lot Details

0

HOA Fees

$403 per month

Parking

3

Listing Details

  • Cross Street: Pima/Dynamite
  • 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: 403.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2024
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2024
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2024
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2024
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2024
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2024
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2024
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2024
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2024
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: Head E on Dynamite to 97th street (Guard gate to Estancia) Right on 96th place, which curves into Estancia way & then into 97th pl, Left on Pinnacle Vista, which turns into 98th way. House of Left
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.43
  • Co List Office Mls Id: agen01
  • Co List Office Phone: 480-878-3000
  • Subdivision Name: ESTANCIA - PHASE 3
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 1209.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: 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
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop, Water Purifier
  • Accessibility Features: Mltpl Entries/Exits, Hard/Low Nap Floors, Accessible Hallway(s)
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Elevator, Furnished(See Rmrks), Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 6901.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane, Mechanical Sun Shds
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: 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
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: 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
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, 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, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Electric Vehicle Charging Station(s): 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: Golf, Gated, Guarded Entry, Concierge
  • Association Fee: 1209.0
  • Association Fee Frequency: Quarterly
  • Association Name: Estancia
  • 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
  • Association Fees:HOA Telephone4: 480-342-9174
  • 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

Building Info

  • Builder Name: Fisher

Tax Info

  • Tax Annual Amount: 12844.0
  • Tax Book Number: 216.00
  • Tax Lot: 223
  • Tax Map Number: 84.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Jun 10, 2024
Sold by
Reeves Family Trust and Reeves Ronald Daniel
Bought by
Sjs Desert Ventures Llc
Seller's Agent
McKenna Reeves
eXp Realty
Buyer's Agent
Jay Pennypacker
The Noble Agency
List Price
$7,000,000
Sold Price
$6,100,000
Premium/Discount to List
-$900,000
-12.86%
Views
68
Current Estimated Value
$5,606,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$493,980
Avg. Annual Appreciation
-5.89%

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
06/07/2024 06/07/24 Sold $6,100,000 -3.1% $884 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
04/13/2024 04/13/24 Price Changed $6,295,000 -10.1% $912 / Sq Ft
03/09/2024 03/09/24 For Sale $7,000,000 -- $1,014 / 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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6671610

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-84-098