NOT LISTED FOR SALE

8317 E Gray Rd Unit 2 Scottsdale, AZ 85260

Estimated Value: $3,007,712 - $3,057,000

15 Acres
$202,312 Price per Acre
653,400 Sq Ft Lot

Last Sold March 05, 2012

Last sale price $325,000

Est. 834% increase in value since last sale

Current estimated payment $18,317/month

371 Days on Market

Highlights

  • Gated Community
  • 15 Acre Lot
  • Level Lot
  • Sonoran Sky Elementary School Rated A

About This Lot

As of March 2012

TWO LOTS SOLD already in this Secluded Exclusive neighborhood in the heart of Scottsdale close to Kierland,The Airpark, 101 Freeway and the new Baseball Park. Estate Sized lots from 35,000 to 41,000 sq.ft. Fully improved lots and ready for immediate building. Gorgeous McDowell Mountain Views, Northsight park access, Privacy and guardgated. Some lots can accomodate 2 story homes. Seller Carryback Financing available on approved credit.

Last Listed By

Darlene Richert

Russ Lyon Sotheby's International Realty License #SA035400000 Listed on: 01/24/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,200

Year Built

  • 2014

Lot Details

  • 15 Acre Lot
  • Block Wall Fence
  • Level Lot
  • Additional Parcels
  • Property is zoned R1-35

HOA Fees

  • $350 Monthly HOA Fees

Eco-Friendly Details

  • North or South Exposure

Schools

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

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 215-54-156-2

Community Details

Overview

  • Cavallo Estates Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,200

Year Built

2014

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Cross Street: 84th Street & Thunderbird just off Hayden
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Other, See Remarks
  • Topography: Level
  • Zoning: R1-35
  • Tax Year: 2009
  • Directions: Cactus Road to 84th Street, North on 84th to Thunderbird. Left on Thunderbird past Northsight Park to property Entrance Gates
  • Horses: No
  • Lot Size Acres: 15.0
  • Road Surface Type: Asphalt
  • Subdivision Name: Cavallo Estates
  • Tax Parcel Letter: 2
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2014

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gated Community, North/South Exp
  • Disclosures: Other (See Rmks), Boundary Survey Avlb, Development Pln Aval
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 350.0
  • HOA Paid Frequency: Monthly
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: 146 x 257
  • Lot Size Sq Ft: 37242.0
  • Additional Parcels: Yes
  • Parcel #: 215-54-156-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2200.0
  • Tax Book Number: 215.00
  • Tax Lot: 2
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2011
Closed on
Mar 2, 2012
Sold by
Acp Ppr Investor Llc
Bought by
Martin Jeffrey B and Jeffrey B Martin Revocable Trust
Seller's Agent
Darlene Richert
Russ Lyon Sotheby's International Realty
Buyer's Agent
Dave Patterson
Berkshire Hathaway HomeServices Arizona Properties
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%
Total Days on Market
371
Current Estimated Value
$3,034,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,709,678
Avg. Annual Appreciation
18.07%
Original Mortgage
$243,750
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Properties in Scottsdale, AZ

  • 0000 N 128th St Unit 21677044, Scottsdale, AZ 85262

    $2,950,000

    • Land
    • 18 Acres
    • $160,851 per Acre
    • 0000 N 128th St
    • Unit 21677044
    • Scottsdale, AZ

    Beautiful 18.34 Acre Property with incredible views may be suitable for several single family homes if split or single estate home.

    Ferial Parsa HomeSmart

    Section Image
  • 13500 E Jomax Rd Unit 1,2,3,4, Scottsdale, AZ 85262

    $3,450,000

    • Land
    • 15 Acres
    • $227,423 per Acre
    • 13500 E Jomax Rd
    • Unit 1,2,3,4
    • Scottsdale, AZ

    Rare chance to own over 15 acres of breathtaking Sonoran Desert in Scottsdale, offering 360-degree panoramic views, rolling terrain, and ultimate privacy. Bordering the McDowell Sonoran Preserve w/No HOA, this land provides endless possibilities. Build your dream estate, develop an equestrian property, or invest for future potential. The property consists of 4 lots that could be reconfigured to

    Teresa Fahl Berkshire Hathaway HomeServices Arizona Properties

    Section Image

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
Martin Jeffrey B $325,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Martin Jeffrey B $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2012 03/05/12 Sold $325,000 -6.9% --
01/30/2012 01/30/12 Pending -- -- --
01/24/2011 01/24/11 For Sale $349,000 -- --
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 $11,773 $132,868 -- --
2024 $11,602 $126,541 -- --
2023 $11,602 $197,560 $39,510 $158,050
2022 $11,435 $185,880 $37,170 $148,710
2021 $11,642 $184,030 $36,800 $147,230
2020 $11,316 $174,300 $34,860 $139,440
2019 $11,396 $162,980 $32,590 $130,390
2018 $11,086 $96,270 $19,250 $77,020
2017 $10,599 $89,930 $17,980 $71,950
2016 $10,739 $87,750 $17,550 $70,200
2015 $12,997 $136,070 $27,210 $108,860
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4526182

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-54-156