NOT LISTED FOR SALE

4114 N 87th Way Scottsdale, AZ 85251

Indian Bend Neighborhood

Estimated Value: $711,000 - $1,159,953

3 Beds
3.5 Baths
3,782 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 07, 2014

Last sale price $408,000 $108 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $5,693/month

6 Days on Market

Highlights

  • Mountain View
  • Contemporary Architecture
  • End Unit
  • Navajo Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Heated Community Pool

About This Home

As of July 2014

One of kind property located in the heart of Scottsdale. This renowned mid-century modern home in Scottsdale was built by E. T. Wright for his own personal use. The design of this home is a very modern urban living home with all the right finishes. This 3,782 square foot home has a very large open floor plan making the common area the focus of the home. All 3 large bedrooms have their own in-suite bathrooms. This home features 18 foot ceilings, modern steel stair rails, custom tile flooring, neutral gray color tones, a game room loft, a front and a backyard patio, a balcony with incredible mountain views, and a custom stainless steel kitchen. Upgrades include tile throughout (wood looking style), carpet, custom bathrooms, ceiling fans, mirrored walls, lighting, fixtures & cabinetry.

Last Agent to Sell the Property

Seth Rich

Realty Executives Listed on: 04/19/2014

Last Buyer's Agent

Remo Paul

Realty ONE Group License #SA631827000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,020

Year Built

  • Built in 1969

Lot Details

  • 6,990 Sq Ft Lot
  • No Common Walls
  • End Unit
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Carport Spaces

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 3,782 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Mountain Views

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Storage

Location

  • Property is near a bus stop

Schools

  • Navajo Elementary School
  • Mohave Middle School
  • Saguaro Elementary High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 173-55-346

Community Details

Overview

  • Property has a Home Owners Association
  • Tri City Management Association, Phone Number (480) 844-2224
  • Built by E.T. Wright
  • Sands East Townhouses Subdivision

Recreation

  • Heated Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,020

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Cross Street: Pima Road and Indian School
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 140.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1969
  • Tax Year: 2013
  • Directions: West on Indian School, North on 87th Street, West on Moterosa, North on 87th Way to property.
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.16
  • Subdivision Name: SANDS EAST TOWNHOUSES
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 140.0
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Laundry:Stacked WasherDryer: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Master Downstairs, Walk-In Closet(s), 9+ Flat Ceilings, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 3782.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio, Storage
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: None
  • Common Walls: No Common Walls, End Unit
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Stacked Washer/Dryer, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Pool
  • Amenities: Management
  • Association Fee Frequency: Monthly
  • Association Name: Tri-City Management
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Tri-City Management
  • Association Fees:HOA Telephone4: 480-844-2224
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Navajo Elementary School
  • High School: Saguaro Elementary School
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6990.0
  • Parcel #: 173-55-346
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: E.T. Wright

Tax Info

  • Tax Annual Amount: 2020.0
  • Tax Book Number: 173.00
  • Tax Lot: 101
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2014
Closed on
Jun 30, 2014
Sold by
Lyon Michael G
Bought by
Tomka Justin
Seller's Agent
Seth Rich
Realty Executives
Buyer's Agent
Remo Paul
Realty ONE Group
List Price
$499,000
Sold Price
$408,000
Premium/Discount to List
-$91,000
-18.24%
Current Estimated Value
$996,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,238
Avg. Annual Appreciation
8.82%
Original Mortgage
$314,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2004
Sold by
Lyon Michael G and Walters Michael G
Bought by
Lyon Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 1999
Sold by
Gregory John Henderson
Bought by
Walters Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
7.2%

Purchase Details

Closed on
Jun 24, 1996
Sold by
Gregory John Henderson
Bought by
Walters Michael G

Purchase Details

Closed on
Feb 18, 1994
Sold by
Neugart Mark W and Powers Leland F
Bought by
Walters Michael G and Gregory John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Interest Rate
7.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Tomka Justin $408,000 Chicago Title Agency Inc
Lyon Michael G -- First American Equity Loan S
Walters Michael G -- Land Title Guarantee
Walters Michael G -- --
Walters Michael G $157,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tomka Justin $314,500
Closed Tomka Justin $314,000
Previous Owner Lyon Michael G $510,000
Previous Owner Lyon Michael G $75,096
Previous Owner Lyon Michael G $10,000
Previous Owner Lyon Michael G $50,000
Previous Owner Lyon Michael $322,500
Previous Owner Walters Michael G $299,000
Previous Owner Walters Michael G $149,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2014 07/07/14 Sold $408,000 -2.9% $108 / Sq Ft
05/28/2014 05/28/14 Price Changed $420,000 +5.3% $111 / Sq Ft
04/21/2014 04/21/14 Price Changed $399,000 -20.0% $105 / Sq Ft
04/19/2014 04/19/14 For Sale $499,000 -- $132 / 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 $2,296 $42,810 -- --
2024 $2,389 $40,771 -- --
2023 $2,389 $66,650 $13,330 $53,320
2022 $2,274 $56,950 $11,390 $45,560
2021 $2,467 $53,900 $10,780 $43,120
2020 $2,445 $48,420 $9,680 $38,740
2019 $2,370 $43,660 $8,730 $34,930
2018 $2,316 $45,710 $9,140 $36,570
2017 $2,185 $42,580 $8,510 $34,070
2016 $2,142 $37,920 $7,580 $30,340
2015 $2,058 $32,080 $6,410 $25,670
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Seth Rich

    Realty Executives

  • Remo Paul

    Buyer's Agent in 2014

    Remo Paul

    Realty One Group

    (480) 747-7925

    20 Total Sales

    Remo Paul
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5103281

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-55-346

Arizona Maricopa County Scottsdale 85251 Indian Bend

4114 N 87th Way, Scottsdale, AZ

This home is located at 4114 N 87th Way, Scottsdale, AZ 85251 since 19 April 2014 and is currently estimated at $996,238, approximately $263 per square foot. This property was built in 1969. 4114 N 87th Way is a home located in Maricopa County with nearby schools including Navajo Elementary School, Pueblo Elementary School, and Mohave Middle 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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