NOT LISTED FOR SALE

27436 N 97th Place Unit 60 Scottsdale, AZ 85262

Estimated Value: $5,016,000 - $5,635,256

0.79 Acre
$6,861,290 Price per Acre
34,412 Sq Ft Lot

Last Sold March 30, 2018

Last sale price $600,000

Est. 803% increase in value since last sale

Current estimated payment $29,707/month

152 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Property is near a golf course
  • Sonoran Trails Middle School Rated A-
  • City Lights View
  • Gentle Sloping Lot

About This Lot

As of March 2018

Located in the guard-gated community of Estancia, this gently sloping home site is over 3/4 of an acre and offers views of Pinnacle Peak, sunsets, city lights and distant mountains * Stately saguaros and lush Sonoran desert vegetation provide a serene setting for a custom home, all with minimal site preparation * Nearly 15,000 square feet of building envelope allows for design flexibility * Seller has already done soil tests, engineering studies, native plant studies and has approval for architectural plans through the community Design & Review Board *

Last Agent to Sell the Property

Will Foote

Russ Lyon Sotheby's International Realty License #SA561829000 Listed on: 10/13/2017

Russ Lyon Sotheby's International Realty

Co-Listed By

Jay Pennypacker

The Noble Agency License #SA629903000

Last Buyer's Agent

Vicki Kaplan

Arizona Best Real Estate License #SA567476000

Arizona Best Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,602

Lot Details

  • 0.79 Acre Lot
  • Gentle Sloping Lot

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 60
  • Assessor Parcel Number 216-84-061

Community Details

Overview

  • Estania Comm Assoc Association, Phone Number (480) 342-9174
  • Estancia Phase 1 Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$2,602

Lot Details

0

HOA Fees

$334 per month

Listing Details

  • Cross Street: Pima Road & Dynamite Boulevard
  • Legal Info Range: 5E
  • Property Type: Land
  • Topography: Gentle Sloping
  • Zoning: RES
  • Tax Year: 2017
  • Directions: East on Dynamite Boulevard off Pima Road approximately 1 mile to Estancia Gate House on South side of road.
  • Horses: No
  • Lot Size Acres: 0.79
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: ESTANCIA-PHASE 1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: Golf Course Subd, City Light View(s), Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: 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: Estania Comm Assoc
  • 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: 34543.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 216-84-061
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2602.0
  • Tax Book Number: 216.00
  • Tax Lot: 60
  • Tax Map Number: 84.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2017
Closed on
Mar 15, 2018
Sold by
Nusrala Edward J and The Nusrala Family Trust
Bought by
Paradise Arizona J&M Llc
Seller's Agent
Will Foote
Russ Lyon Sotheby's International Realty
Buyer's Agent
Vicki Kaplan
Arizona Best Real Estate
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Current Estimated Value
$5,420,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,820,419
Avg. Annual Appreciation
33.64%

Purchase Details

Listed on
Nov 25, 2014
Closed on
May 19, 2015
Sold by
Popper Richard S and Popper Svitlana
Bought by
The Nusrala Family Trust
Seller's Agent
Darren Tackett
eXp Realty
Buyer's Agent
Will Foote
Russ Lyon Sotheby's International Realty
List Price
$439,000
Sold Price
$405,000
Premium/Discount to List
-$34,000
-7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%

Purchase Details

Closed on
Dec 11, 2009
Sold by
Synstad Eric C
Bought by
Popper Richard S and Popper Svitlana

Purchase Details

Closed on
Jun 10, 2004
Sold by
Lot 60 Estancia Llc
Bought by
Synstad Eric C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2000
Sold by
Henry Frederick A and Henry Madeline
Bought by
Lot 60 Estancia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1995
Sold by
Estancia Development Associates Llc
Bought by
Mattox Gary E and Mattox Barbara A
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
Paradise Arizona J&M Llc $600,000 First American Title Insuran
The Nusrala Family Trust $405,000 Fidelity Natl Title Agency
Popper Richard S $400,000 Fidelity Natl Title Ins Co
Synstad Eric C $350,000 North American Title Co
Lot 60 Estancia Llc $375,000 North American Title Agency
Mattox Gary E $200,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Synstad Eric C $280,000
Previous Owner Lot 60 Estancia Llc $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2018 03/30/18 Sold $600,000 -4.0% --
03/14/2018 03/14/18 Pending -- -- --
10/13/2017 10/13/17 For Sale $625,000 +54.3% --
05/26/2015 05/26/15 Sold $405,000 -7.7% -- View Prior Sale
04/20/2015 04/20/15 Pending -- -- --
11/25/2014 11/25/14 For Sale $439,000 -- --
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 $11,345 $204,307 -- --
2024 $10,762 $194,578 -- --
2023 $10,762 $325,110 $65,020 $260,090
2022 $2,685 $80,970 $80,970 $0
2021 $2,915 $78,915 $78,915 $0
2020 $2,864 $62,475 $62,475 $0
2019 $2,778 $59,970 $59,970 $0
2018 $2,702 $60,075 $60,075 $0
2017 $2,602 $62,025 $62,025 $0
2016 $2,590 $63,780 $63,780 $0
2015 $2,613 $57,856 $57,856 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5673825

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-84-061