NOT LISTED FOR SALE

27186 N 112th Place Unit 25 Scottsdale, AZ 85262

Dynamite Foothills Neighborhood

Estimated Value: $2,388,024 - $2,560,000

1.98 Acres
$1,246,215 Price per Acre
86,249 Sq Ft Lot

Last Sold May 16, 2016

Last sale price $255,000

Est. 868% increase in value since last sale

Current estimated payment $13,820/month

32 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • 1.98 Acre Lot
  • Sonoran Trails Middle School Rated A-

About This Lot

As of May 2016

Other lots in this subdivision listed over $550,000!! Listed below market value. Sellers are unable to build. This is a beautiful elevated lot in gated Desert Summit community in North Scottsdale. Gorgeous 360 degree views including city lights and expansive mountain views. Note: There are two builders available to walk the lot and advise potential buyers. There was a preliminary concept for a Contemporary home completed. However, no plans submitted to City of Scottsdale - Design & build your own custom home. Priced below market value! Survey and proposed elevation of home in Document Section. Visit www.desertsummithoa.com for CC&R's

Last Agent to Sell the Property

Jeena Ronan

Berkshire Hathaway HomeServices Arizona Properties License #SA532440000 Listed on: 02/11/2016

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Anne Mistler

Keller Williams Realty Sonoran Living License #SA105089000

Keller Williams Realty Sonoran Living

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,860

Lot Details

  • 1.98 Acre Lot

HOA Fees

  • $92 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 216-79-126

Community Details

Overview

  • Cornerstone Property Association, Phone Number (602) 433-0331
  • Desert Summit Estates Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,860

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Cross Street: ALMA SCHOOL & JOMAX, N PIMA
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: RES
  • Tax Year: 2015
  • Directions: E. on Happy Valley, N. on Alma School, E. on Jomax, N. on 115th thru gate W. on Cavedale Rd. Turn North to lot.
  • Lot Size Acres: 1.98
  • Road Surface Type: Asphalt
  • Subdivision Name: Desert Summit Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: City Light View(s), Mountain View(s), Gated Community
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 275.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 602-433-0331
  • HOA Transfer Fee: 150.0
  • Association Fee: 275.0
  • Association Fee Frequency: Quarterly
  • Association Name: Cornerstone property
  • Phone: 602-433-0331
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 86290.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 216-79-126
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1860.0
  • Tax Book Number: 216.00
  • Tax Lot: 25
  • Tax Map Number: 79.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2024
Sold by
Gordon Robert
Bought by
Robert E Gordon Living Trust and Gordon
Current Estimated Value
$2,467,506

Purchase Details

Closed on
Apr 30, 2020
Sold by
Sayers Robin L
Bought by
Gordon Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2019
Sold by
Malone Mark M and Iacovelli Malone Jennifer E
Bought by
Gordon Robert and Sayers Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2018
Sold by
Malone Mark M and Iacovelli Malone Jennifer E
Bought by
Malone Mark M and Iacovelli Malone Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2016
Sold by
Hatleberg Jeff and Hatleberg Terri
Bought by
Malone Mark M and Iacovelli Jennifer

Purchase Details

Listed on
Jul 3, 2015
Closed on
Aug 11, 2015
Sold by
112Th Street Lot Llc
Bought by
Hatleberg Jeff and Hatleberg Terri
Seller's Agent
Terry Ray
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Hugh Reed
Russ Lyon Sotheby's International Realty
List Price
$395,000
Sold Price
$290,000
Premium/Discount to List
-$105,000
-26.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.48%

Purchase Details

Closed on
Apr 5, 2012
Sold by
Shurts Ronald L
Bought by
112Th Street Lot Llc

Purchase Details

Closed on
Aug 15, 2003
Sold by
Andersen Margot K
Bought by
Shurts Ronald L

Purchase Details

Closed on
May 12, 2000
Sold by
Dsa Ii Inc
Bought by
Andersen Margot K
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 Buyer Sale Price Title Company
Robert E Gordon Living Trust -- None Listed On Document
Gordon Robert -- Boston National Title Agency
Gordon Robert $1,750,000 Chicago Title Agency
Malone Mark M -- Wfg National Title Insurance
Malone Mark M $255,000 First American Title Ins Co
Hatleberg Jeff $290,000 U S Title Agency Llc
112Th Street Lot Llc -- None Available
Shurts Ronald L $253,800 Fidelity National Title
Andersen Margot K $180,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gordon Robert $631,250
Previous Owner Gordon Robert $650,000
Previous Owner Malone Mark M $375,000
Previous Owner Malone Mark $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $255,000 -7.3% --
03/14/2016 03/14/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $275,000 -5.2% --
08/20/2015 08/20/15 Sold $290,000 -26.6% --
07/28/2015 07/28/15 Pending -- -- --
09/26/2013 09/26/13 For Sale $395,000 -- --
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 $4,639 $103,656 -- --
2024 $4,714 $98,720 -- --
2023 $4,714 $149,800 $29,960 $119,840
2022 $4,550 $112,730 $22,540 $90,190
2021 $4,984 $110,830 $22,160 $88,670
2020 $5,610 $109,350 $21,870 $87,480
2019 $5,442 $107,430 $21,480 $85,950
2018 $1,924 $42,555 $42,555 $0
2017 $1,853 $49,275 $49,275 $0
2016 $1,844 $40,305 $40,305 $0
2015 $1,860 $42,784 $42,784 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeena Ronan

    Seller's Agent in 2016

    Jeena Ronan

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 999-7211

    1 in this area

    32 Total Sales

    Jeena Ronan
    Section Image

  • A

    Buyer's Agent in 2016

    Anne Mistler

    Keller Williams Realty Sonoran Living

    (602) 499-2316

    15 Total Sales

    Anne Mistler
    Section Image
  • Terry Ray

    Seller's Agent in 2015

    Terry Ray

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 473-4900

    1 in this area

    46 Total Sales

    Terry Ray
    Section Image
  • Dave Patterson

    Seller Co-Listing Agent in 2015

    Dave Patterson

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 620-8884

    5 in this area

    85 Total Sales

    Dave Patterson
    Section Image
  • Hugh Reed

    Buyer's Agent in 2015

    Hugh Reed

    Russ Lyon Sotheby's International Realty

    (480) 570-6939

    25 Total Sales

    Hugh Reed
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5397135

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-79-126

Arizona Maricopa County Scottsdale 85262 Dynamite Foothills

27186 N 112th Place Unit 25, Scottsdale, AZ

This home is located at 27186 N 112th Place Unit 25, Scottsdale, AZ 85262 since 11 February 2016 and is currently estimated at $2,467,506. 27186 N 112th Place Unit 25 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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