NOT LISTED FOR SALE

8303 E Gray Rd Scottsdale, AZ 85260

Estimated Value: $3,124,525 - $4,072,000

4 Beds
4.5 Baths
4,491 Sq Ft
$754/Sq Ft Est. Value

Last Sold December 08, 2015

Last sale price $1,845,000 $411 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $19,668/month

230 Days on Market

Highlights

  • Private Pool
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Sonoran Sky Elementary School Rated A
  • Gated Community
  • Vaulted Ceiling

About This Home

As of December 2015

Cavallo Estates is a gated community located off 84th Street and Thunderbird. Built by renowned builder, Sonora West Development, this custom home will feature designer finishes and quality construction. Currently under construction, this will be a true dream house with 4 bedrooms, 4.5 baths, open floor plan, a study, and 3-car garage. Outdoor spaces include a huge covered patio, pool with water feature, built in BBQ and firepit. Take advantage of one of the best spec homes available in North Scottsdale! Expected completion date November 2015.

Last Listed By

Sandra Wilken

America One Luxury Real Estate License #BR015674000 Listed on: 03/16/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,094

Year Built

  • Built in 2015 | Under Construction

Lot Details

  • 0.94 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 4,491 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Security System Owned
  • Fire Sprinkler System

Pool

  • Private Pool
  • Spa

Schools

  • Sonoran Sky Elementary School - Scottsdale
  • Desert Shadows Middle School - Scottsdale
  • Horizon High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 215-54-157

Community Details

Overview

  • Property has a Home Owners Association
  • Cavallo Estates Association, Phone Number (602) 667-3145
  • Built by Sonora West Development
  • Cavallo Estates Subdivision, Custom Floorplan

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,094

Year Built

Built in 2015 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Hayden and Thunderbird
  • 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: 143.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2015
  • Spa Private: Yes
  • Tax Year: 2014
  • Directions: East on Thunderbird. Cavallo Estates is on the north side of Thunderbird just east of 81st Street. Lot 3 is currently under construction at end of cul-de-sac.
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.94
  • Co List Office Mls Id: swlp01
  • Co List Office Phone: 480-596-0001
  • Subdivision Name: Cavallo Estates
  • Architectural Style: Other (See Remarks)
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 430.0
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Spa Features: Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, 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: 4491.0
  • Stories: 1
  • ResoLivingAreaSource: Builder
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Cul-De-Sac, Dirt Front, Grass Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Under Construction
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Security: Security System Owned, Gated Community
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Self Managed
  • Association Fee Frequency: Quarterly
  • Association Name: Cavallo Estates
  • Phone: 602-667-3145
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Cavallo Estates
  • Association Fees:HOA Telephone4: 602.667.3145
  • 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_: $
  • Association Fee Incl:Street Maint: Yes

Schools

  • Elementary School: Sonoran Sky Elementary School - Scottsdale
  • High School: Horizon High School
  • Middle Or Junior School: Desert Shadows Middle School - Scottsdale

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 41117.0
  • Parcel #: 215-54-157
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Sonora West Development

Tax Info

  • Tax Annual Amount: 3094.0
  • Tax Book Number: 215.00
  • Tax Lot: 3
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2015
Closed on
Jan 26, 2016
Sold by
Shanks Matthew D and Shanks Lise G
Bought by
Shanks Lise G and Lise G Shanks Trust
Seller's Agent
Sandra Wilken
America One Luxury Real Estate
Buyer's Agent
Jennifer Keene
eXp Realty
List Price
$1,795,000
Sold Price
$1,845,000
Premium/Discount to List
$50,000
2.79%
Total Days on Market
230
Current Estimated Value
$3,388,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,543,381
Avg. Annual Appreciation
6.62%
Original Mortgage
$1,476,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2015
Closed on
Dec 4, 2015
Sold by
Rs Cavallo Llc
Bought by
Shanks Matthew D and Shanks Lise G
Seller's Agent
Sandra Wilken
America One Luxury Real Estate
Buyer's Agent
Jennifer Keene
eXp Realty
List Price
$1,795,000
Sold Price
$1,845,000
Premium/Discount to List
$50,000
2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,476,000
Interest Rate
3.73%
Mortgage Type
New Conventional

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
Shanks Lise G -- None Available
Shanks Matthew D $1,845,000 Fidelity Natl Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanks Lise G $1,370,000
Closed Shanks Matthew D $1,476,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2015 12/08/15 Sold $1,845,000 -2.6% $411 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
10/15/2015 10/15/15 Price Changed $1,895,000 +2.5% $422 / Sq Ft
04/14/2015 04/14/15 Price Changed $1,849,000 +3.0% $412 / Sq Ft
03/15/2015 03/15/15 For Sale $1,795,000 -- $400 / 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 $8,421 $101,810 -- --
2024 $8,290 $96,962 -- --
2023 $8,290 $201,770 $40,350 $161,420
2022 $8,162 $191,050 $38,210 $152,840
2021 $8,320 $187,920 $37,580 $150,340
2020 $8,071 $170,760 $34,150 $136,610
2019 $8,132 $162,210 $32,440 $129,770
2018 $7,894 $96,170 $19,230 $76,940
2017 $7,521 $90,670 $18,130 $72,540
2016 $3,016 $81,210 $81,210 $0
2015 $3,066 $58,576 $58,576 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5251119

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-54-157