NOT LISTED FOR SALE

8303 E Gray Rd Scottsdale, AZ 85260

Estimated Value: $3,135,000 - $4,091,000

4 Beds
4.5 Baths
4,491 Sq Ft
$800/Sq Ft Est. Value

Last Sold December 08, 2015

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

Est. 95% increase in value since last sale

Current estimated payment $19,748/month

230 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Vaulted Ceiling
  • Sonoran Sky Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

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 Agent to Sell the Property

Sandra Wilken

Local Luxury Christie's International Real Estate License #BR015674000 Listed on: 03/15/2015

Local Luxury Christie's International Real Estate

Co-Listed By

Lexie Fabor

Compass License #BR580699000

Last Buyer's Agent

Jennifer Keene

eXp Realty License #SA550665000

eXp Realty

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

HOA Fees

  • $143 Monthly HOA Fees

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
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Spa

Schools

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

Utilities

  • Central Air
  • 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

  • Association fees include ground maintenance, street maintenance
  • 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

0.94 Acres

HOA Fees

$143 per month

Parking

3

Listing Details

  • Cross Street: Hayden and Thunderbird
  • Legal Info Range: 4E
  • 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: 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
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • 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
  • New Construction: No
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 410.82
  • Association Fees:HOA Fee2: 430.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: Private
  • Appliances: Gas Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Master Bedroom, Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4491.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Cul-De-Sac, Dirt Front, Grass Back
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • 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: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 430.0
  • 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: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

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Sonoran Sky Elementary School
  • High School: Horizon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Desert Shadows Middle School - Scottsdale

Lot Info

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

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 15, 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
Local Luxury Christie's International 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%
Current Estimated Value
$3,590,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,745,599
Avg. Annual Appreciation
6.68%
Original Mortgage
$1,476,000
Outstanding Balance
$1,161,781
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$2,428,818

Purchase Details

Listed on
Mar 15, 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
Local Luxury Christie's International 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
Outstanding Balance
$1,161,781
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$2,428,818
Source: Public Records
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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 Matthew D $1,476,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $8,616 $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

  • Sandra Wilken

    Seller's Agent in 2015

    Sandra Wilken

    Local Luxury Christie's International Real Estate

    (480) 390-6050

    49 Total Sales

    Sandra Wilken
    Section Image
  • Lexie Fabor

    Seller Co-Listing Agent in 2015

    Lexie Fabor

    Compass

    (602) 386-9967

    26 Total Sales

    Lexie Fabor
    Section Image
  • Jennifer Keene

    Buyer's Agent in 2015

    Jennifer Keene

    eXp Realty

    (480) 203-6605

    31 Total Sales

    Jennifer Keene
    Section Image
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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

Arizona Maricopa County Scottsdale 85260

8303 E Gray Rd, Scottsdale, AZ

Not Listed for Sale

Detached

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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