NOT LISTED FOR SALE

8125 E Gail Rd Unit 46 Scottsdale, AZ 85260

Estimated Value: $1,888,000 - $5,035,805

1 Acre
$3,098,268 Price per Acre
43,560 Sq Ft Lot

Last Sold May 22, 2020

Last sale price $699,000

Est. 343% increase in value since last sale

Current estimated payment $16,662/month

152 Days on Market

Highlights

  • Horses Allowed On Property
  • Cochise Elementary School Rated A
  • No HOA

About This Lot

As of May 2020

Modern Nest is making one of their lots available. Acre Lot Horse Property Available in the Cactus Corridor! One of the hottest neighborhoods in the Valley. Multi-million dollar homes scattered throughout neighborhood. Modern Nest Build also available for $2.699 million mls #5992966. Sewer is also available. All permits and engineering completed for sewer install. Designed home and plans with Cosan Studios that could be negotiated into purchase price. Incredible Opportunity. Pictures are of Renderings of Modern Nest Plans.

Last Agent to Sell the Property

Nicholas Carlson

Compass License #SA651376000 Listed on: 01/16/2020

Compass

Last Buyer's Agent

Bernadene Winsick

HomeSmart License #SA103067000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,080

Lot Details

  • 1 Acre Lot
  • Block Wall Fence
  • Property is zoned R1-35

Schools

  • Cochise Elementary School
  • Cocopah Middle School
  • Chaparral High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Sundown Ranchos Subdivision

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 175-30-055

Property Details

Property Type

Land

Est. Annual Taxes

$3,080

Lot Details

0

Listing Details

  • Cross Street: Scottsdale and Shea
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R1-35
  • Tax Year: 2019
  • Directions: North on 101, West on Shea, North on 84th St, West on Desert Cove, North on 83rd Pl, West on Gail, Home is on the South a few homes down.
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Subdivision Name: SUNDOWN RANCHOS
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cochise Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Lot Size: 248 Front
  • Lot Size Sq Ft: 43576.0
  • Additional Parcels: No
  • Parcel #: 175-30-055
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3080.0
  • Tax Book Number: 175.00
  • Tax Lot: 46
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2024
Sold by
Hansen Alexander Michael and Brown Jenikah K
Bought by
Gail Development Llc
Current Estimated Value
$3,098,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,750
Outstanding Balance
$622,029
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$2,476,239

Purchase Details

Closed on
Apr 16, 2024
Sold by
Hansen Alexander Michael and Brown Jenikah K
Bought by
Gail Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,750
Outstanding Balance
$622,029
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$2,476,239

Purchase Details

Listed on
Jan 16, 2020
Closed on
May 5, 2020
Sold by
Mnf Investments Llc
Bought by
Hansen Alexander Michael and Brown Jenikah K
Seller's Agent
Nicholas Carlson
Compass
Buyer's Agent
Bernadene Winsick
HomeSmart
List Price
$699,000
Sold Price
$699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.02%
Original Mortgage
$499,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2017
Sold by
Peggie James P
Bought by
Mnf Investments Llc

Purchase Details

Closed on
Jul 5, 2011
Sold by
Paynter Charla Ruth
Bought by
Peggie James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2007
Sold by
Rosenthal Charles L and Rosenthal Joy L
Bought by
Paynter Charla Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,400
Interest Rate
6.75%
Mortgage Type
New Conventional
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
Gail Development Llc $1,410,000 Equity Title Agency
Gail Development Llc $1,410,000 Equity Title Agency
Hansen Alexander Michael $699,000 Magnus Title Agency Llc
Mnf Investments Llc $510,000 Magnus Title Agency Llc
Peggie James P $291,000 Magnus Title Agency
Paynter Charla Ruth $733,000 Grand Cyn Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gail Development Llc $828,750
Closed Gail Development Llc $828,750
Previous Owner Hansen Alexander Michael $499,000
Previous Owner Peggie James P $232,800
Previous Owner Paynter Charla Ruth $586,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $699,000 0.0% --
01/16/2020 01/16/20 For Sale $699,000 0.0% --
01/16/2020 01/16/20 Price Changed $699,000 0.0% --
11/21/2019 11/21/19 For Sale $699,000 -- --
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 $2,827 $47,770 -- --
2024 $2,666 $45,495 -- --
2023 $2,666 $72,000 $14,400 $57,600
2022 $2,537 $55,970 $11,190 $44,780
2021 $2,753 $49,810 $9,960 $39,850
2020 $3,192 $46,520 $9,300 $37,220
2019 $3,080 $42,110 $8,420 $33,690
2018 $2,983 $40,310 $8,060 $32,250
2017 $2,438 $38,570 $7,710 $30,860
2016 $2,390 $36,300 $7,260 $29,040
2015 $2,296 $34,030 $6,800 $27,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6007324

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-30-055