NOT LISTED FOR SALE

8034 E Foothills Dr Unit 2 Scottsdale, AZ 85255

Pinnacle Peak Neighborhood

Estimated Value: $1,277,000 - $1,790,000

4 Beds
3 Baths
3,428 Sq Ft
$456/Sq Ft Est. Value

Last Sold April 14, 2015

Last sale price $775,000 $226 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $9,362/month

25 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Vaulted Ceiling
  • Pinnacle Peak Elementary School Rated A
  • Gated Community
  • Outdoor Fireplace

About This Home

As of April 2015

Privacy awaits you in this stunning estate tucked away in an exclusive enclave of custom homes in the gated Pinnacle Peak Estates. Perfectly situated on over an acre view lot, this home is professionally remodeled with designer touches including top of the line granite counters, stone flooring, custom alder cabinetry & Thermador appliances. Huge (900sf) covered patio provides indoor/outdoor living space with cozy fireplace and magnificent sunsets. Spacious great room opens up to the dramatic kitchen, perfect for entertaining guests or hanging out with the family. Butler pantry can be converted into wine cellar adjacent to kitchen. Built in fridge, separate stand alone ice maker, all blended with custom cabinets. Circular drive, side entry garage and plenty of room for several cars.

Last Agent to Sell the Property

Greg Hidder

Compass License #SA114222000 Listed on: 01/23/2015

Compass

Last Buyer's Agent

Jason Mitchell

Jason Mitchell Real Estate License #SA575892000

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,221

Year Built

  • Built in 1981

Lot Details

  • 1.09 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $26 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Heated Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Gated

Home Design

  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,428 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Stone Flooring
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Pool

  • Private Pool
  • Fence Around Pool
  • Diving Board

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

  • Pinnacle Peak Preparatory Elementary School
  • Mountain Trail Middle School
  • Pinnacle High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 51
  • Assessor Parcel Number 212-01-127

Community Details

Overview

  • Association fees include ground maintenance
  • Golden Valley Association, Phone Number (602) 294-0999
  • Pinnacle Peak Estates Ii Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,221

Year Built

Built in 1981

Lot Details

0

HOA Fees

$26 per month

Parking

2

Listing Details

  • Cross Street: Hayden( 80th) / Pinnacle Peak
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 26.41
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2014
  • Items Updated Ht Cool Yr Updated: 2010
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2010
  • Items Updated Pool Yr Updated: 2010
  • Items Updated Rm Adtn Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2014
  • Directions: South on 80th (Hayden) to gate, continue thru gate, south to Foothills Dr. East (Left) to home on Left. **NO SIGN IN YARD**
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.09
  • Subdivision Name: Pinnacle Peak Estates II
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 317.0
  • Special Features: None

Interior Features

  • Flooring: Stone
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3428.0
  • Stories: 1
  • Window Features: Dual Pane, Wood Frames
  • Kitchen Features:RangeOven Gas: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Built In Recycling: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Circular Drive, Covered Patio(s), Misting System, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Diving Pool, Fenced, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Misting System: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Extnded Lngth Garage, RV Gate, Separate Strge Area, Temp Controlled, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Amenities: Management
  • Association Fee: 317.0
  • Association Fee Frequency: Annually
  • Association Name: Pinnacle Peak
  • Phone: 602-294-0999
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 1000.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Pinnacle Peak
  • Association Fees:HOA Telephone4: 602-294-0999
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Golden Valley
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Pinnacle Peak Preparatory
  • High School: Pinnacle High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Mountain Trail Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47386.0
  • Parcel #: 212-01-127
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 5221.0
  • Tax Book Number: 212.00
  • Tax Lot: 51
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2015
Closed on
Apr 13, 2015
Sold by
Castlen Laure Somers
Bought by
Scherer Jacob P and Scherer Chloe
Seller's Agent
Greg Hidder
Compass
Buyer's Agent
Jason Mitchell
Jason Mitchell Real Estate
List Price
$789,900
Sold Price
$775,000
Premium/Discount to List
-$14,900
-1.89%
Total Days on Market
25
Current Estimated Value
$1,562,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$787,815
Avg. Annual Appreciation
7.15%
Original Mortgage
$417,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2014
Sold by
Somers Sandra A
Bought by
Castlen Laurie Somers

Purchase Details

Closed on
Nov 5, 2011
Sold by
Somers Lucie
Bought by
Somers Sandra A and The Lucie Somers Revocable Family Trust

Purchase Details

Closed on
Dec 30, 2010
Sold by
National Bank Of Arizona
Bought by
Somers Lucie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2010
Sold by
Barnes Ronald E
Bought by
National Bank Of Arizona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2009
Sold by
Barnes Ronald E
Bought by
Barnes Ronald E and Barnes Patricia J

Purchase Details

Closed on
Nov 21, 2007
Sold by
Barnes Patricia J
Bought by
Barnes Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2007
Sold by
Rupert William C and Rupert Linda R
Bought by
Barnes Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2002
Sold by
Rupert William C and Rupert Linda R
Bought by
Rupert William C and Rupert Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,750
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2002
Sold by
Deatsch William J and Deatsch Bette L
Bought by
Rupert William C and Rupert Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,750
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1997
Sold by
Jost Kenneth D and Jost Linda J
Bought by
Deatsch William J and Deatsch Bette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.57%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Scherer Jacob P $775,000 First Arizona Title Agency
Castlen Laurie Somers -- None Available
Somers Sandra A -- None Available
Somers Lucie $435,000 Magnus Title Agency
National Bank Of Arizona $500,000 None Available
Barnes Ronald E -- None Available
Barnes Ronald E -- Fidelity National Title
Barnes Ronald E $850,000 Fidelity National Title
Rupert William C -- --
Rupert William C $460,750 --
Deatsch William J $335,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherer Jacob P $250,000
Open Scherer Jacob P $548,250
Open Scherer Jacob P $5,102,070
Closed Scherer Jacob P $510,400
Closed Scherer Dacob P $406,675
Closed Scherer Jacob P $417,000
Closed Scherer Jacob P $145,500
Previous Owner Somers Lucie $335,000
Previous Owner Barnes Ronald E $680,000
Previous Owner Barnes Ronald E $42,500
Previous Owner Barnes Ronald E $680,000
Previous Owner William C & Linda R Rupert Living Trust $525,000
Previous Owner Rupert William C $50,000
Previous Owner Rupert William C $418,750
Previous Owner Deatsch William J $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2015 04/14/15 Sold $775,000 -1.9% $226 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $789,900 -- $230 / 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 $6,760 $83,071 -- --
2024 $6,654 $79,115 -- --
2023 $6,654 $101,950 $20,390 $81,560
2022 $6,549 $75,080 $15,010 $60,070
2021 $6,679 $70,460 $14,090 $56,370
2020 $6,475 $66,300 $13,260 $53,040
2019 $6,525 $64,100 $12,820 $51,280
2018 $6,331 $63,500 $12,700 $50,800
2017 $6,027 $61,520 $12,300 $49,220
2016 $5,953 $58,910 $11,780 $47,130
2015 $5,645 $56,550 $11,310 $45,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5226353

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-01-127