$283,000
SOLD NOV 21, 2024

8256 E Arabian Trail Unit 125 Scottsdale, AZ 85258

McCormick Ranch Neighborhood
2 Beds
1 Bath
901 Sq Ft
$270/mo HOA Fee

Recently Sold

$314 Per Sq Ft

11% Below List Price

107 Days on Market

Highlights

  • Contemporary Architecture
  • Heated Community Pool
  • No Interior Steps
  • Cochise Elementary School Rated A
  • Covered patio or porch
  • Tile Flooring

About This Home

As of February 2025

Fabulous Location! Charming ground level condo in the McCormick Ranch neighborhood of Belcara. Inside, you'll find a spacious living/dining room, a perfect space for relaxation, neutral tile flooring, brand new carpet and fresh paint throughout. The quaint kitchen offers ample wood cabinets, while each bedroom features a private vanity and sink, with a shared toilet and shower in the middle. Enjoy outdoor living on the south facing back patio overlooking the grassy common area. The community provides a clubhouse and refreshing pool and spa! A Must see!

Last Agent to Sell the Property

Deborah Beede

Russ Lyon Sotheby's International Realty License #SA579524000 Listed on: 07/20/2024

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Jared Shahon

Compass License #SA686695000

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $698

Year Built

  • Built in 1979

HOA Fees

Home Design

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

Interior Spaces

  • 901 Sq Ft Home
  • 2-Story Property
  • Built-In Microwave

Flooring

  • Floors Updated in 2024
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch
  • Two or More Common Walls
  • Unit is below another unit

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 175-58-676

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Belcara Association, Phone Number (480) 539-1396
  • Mccormick Ranch Association, Phone Number (480) 860-1122
  • Association Phone (480) 860-1122
  • Belcara At Mccormick Ranch Subdivision

Amenities

  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$698

Year Built

Built in 1979

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Cross Street: Hayden and Mountain View
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: McCormick Ranch
  • HOA #2 Phone Number: 480-860-1122
  • HOA #2 Transfer Fee: 1000.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 270.66
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2024
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Tax Year: 2023
  • Directions: East on Mountain View to Arabian Trail., right on Arabian Trail to complex entrance,
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: BELCARA AT MCCORMICK RANCH
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 249.41
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, No Interior Steps
  • Living Area: 901.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Above
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Biking/Walking Path
  • Association #2 Fee: 255.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 249.41
  • Association Fee Frequency: Monthly
  • Association: McCormick Ranch
  • Association Name: Belcara
  • Association Phone #2: 480-860-1122
  • Phone: 480-539-1396
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Belcara
  • Association Fees:HOA Telephone4: (480) 539-1396
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 498.82
  • Association Fees:Disclosure Fees HOA: 190.0
  • Association Fees:Other Fees HOA: 683.82
  • Association Fees:Other Fees Description: Resale/ New Owner Fee & HOA Reserve Fee
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Annually
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Disclosure Fees HOA 2: 400.0
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fees:PAD Paid (Freq)2: Annually

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior

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

  • Land Lease: No
  • Lot Size Sq Ft: 917.0
  • Parcel #: 175-58-676

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 698.0
  • Tax Book Number: 175.00
  • Tax Lot: 125
  • Tax Map Number: 58.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Feb 5, 2025
Sold by
Arabian Trail 125 Llc
Bought by
Obrien Lisa G
Seller's Agent
Jared Shahon
Compass
Buyer's Agent
Lori Sposi
Long Realty Unlimited
List Price
$379,000
Sold Price
$374,000
Premium/Discount to List
-$5,000
-1.32%
Total Days on Market
107
Views
13
Current Estimated Value
$367,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,466
Avg. Annual Appreciation
-4.41%
Original Mortgage
$124,000
Outstanding Balance
$123,824
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$242,992

Purchase Details

Listed on
Jul 20, 2024
Closed on
Nov 19, 2024
Sold by
Dunigan Family Revocable Trust and Dunigan Brian
Bought by
Arabian Trail 125 Llc
Seller's Agent
Deborah Beede
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jared Shahon
Compass
List Price
$317,000
Sold Price
$283,000
Premium/Discount to List
-$34,000
-10.73%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
180.84%

Purchase Details

Listed on
Apr 27, 2023
Closed on
Aug 2, 2023
Sold by
Robb Leslie J and Robb Steve M
Bought by
Dunigan Family Revocable Trust and Dunigan
Seller's Agent
Julie Calza
My Home Group Real Estate
Buyer's Agent
Deborah Beede
Russ Lyon Sotheby's International Realty
List Price
$350,000
Sold Price
$312,000
Premium/Discount to List
-$38,000
-10.86%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.18%

Purchase Details

Closed on
May 16, 2016
Sold by
Ribas Richard Ribas
Bought by
Robb Leslie J and Robb Steve M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2006
Sold by
Arizona Properties Llc
Bought by
Ribas Richard and Ribas Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,392
Interest Rate
6.2%
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 Type Sale Price Title Company
Warranty Deed $374,000 Magnus Title Agency
Warranty Deed $283,000 Wfg National Title Insurance C
Warranty Deed $283,000 Wfg National Title Insurance C
Warranty Deed $312,000 First Arizona Title
Warranty Deed $165,000 Old Republic Title Agency
Warranty Deed $207,990 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,000 New Conventional
Previous Owner $123,750 New Conventional
Previous Owner $166,392 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Sold $374,000 -1.3% $415 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $379,000 +33.9% $421 / Sq Ft
11/21/2024 11/21/24 Sold $283,000 -5.4% $314 / Sq Ft
10/21/2024 10/21/24 Price Changed $299,000 -5.7% $332 / Sq Ft
08/29/2024 08/29/24 For Sale $317,000 0.0% $352 / Sq Ft
08/29/2024 08/29/24 Off Market $317,000 -- --
08/28/2024 08/28/24 Price Changed $317,000 -3.4% $352 / Sq Ft
08/05/2024 08/05/24 Price Changed $328,000 -1.5% $364 / Sq Ft
07/21/2024 07/21/24 For Sale $333,000 +6.7% $370 / Sq Ft
08/02/2023 08/02/23 Sold $312,000 -5.5% $346 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $330,000 -2.9% $366 / Sq Ft
06/19/2023 06/19/23 Price Changed $340,000 -2.9% $377 / Sq Ft
04/28/2023 04/28/23 For Sale $350,000 -- $388 / 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 $706 $10,442 -- --
2024 $698 $9,944 -- --
2023 $698 $20,980 $4,190 $16,790
2022 $663 $16,120 $3,220 $12,900
2021 $704 $14,630 $2,920 $11,710
2020 $698 $13,420 $2,680 $10,740
2019 $673 $12,530 $2,500 $10,030
2018 $652 $10,930 $2,180 $8,750
2017 $624 $9,770 $1,950 $7,820
2016 $612 $8,920 $1,780 $7,140
2015 $583 $8,150 $1,630 $6,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6734034

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-58-676