NOT LISTED FOR SALE

8318 E Gary Rd Unit 5 Scottsdale, AZ 85260

Estimated Value: $1,632,000 - $2,721,000

3 Beds
3 Baths
5,840 Sq Ft
$390/Sq Ft Est. Value

Last Sold August 01, 2013

Last sale price $500,000 $86 Per Sq Ft

Est. 356% increase in value since last sale

Current estimated payment $12,652/month

128 Days on Market

Highlights

  • Guest House
  • Private Pool
  • Gated Community
  • Cochise Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Mountain View

About This Home

As of August 2013

Cavallo Estates is located off 84th Street and Thunderbird in Scottsdale, Arizona. Previously 'Pretty Penny Ranch' this unique area presents an opportunity to build your dream. The eight available custom home lots in Cavallo present great potential in a market that has little to no inventory of its kind. Located in a gated community, Cavallo Estates offers eleven lots ranging in size from 35,000 square feet - 40,000 square feet. With eight lots currently available, the potential for your build-to-suit home of 4,500 square feet or larger awaits you.

Last Agent to Sell the Property

Monica Monson

The Noble Agency License #BR535076000 Listed on: 01/10/2013

Co-Listed By

Barry Van Patten

Russ Lyon Sotheby's International Realty License #BR571733000

Last Buyer's Agent

Virginia Gee

Russ Lyon Sotheby's International Realty License #BR009346000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 2013

Lot Details

  • 0.95 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 5,840 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Low Emissivity Windows
  • Mountain Views
  • Laundry in unit

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Intercom
  • Fire Sprinkler System

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

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

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 215-54-159

Community Details

Overview

  • Property has a Home Owners Association
  • Cavallo HOA
  • Built by Sonora West Development
  • Cavallo Estates Subdivision, Custom Floorplan

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,368

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Hayden & Thunderbird
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 350.0
  • Basement: N
  • Cooling HVAC SEER Rating: 14
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2013
  • Tax Year: 2012
  • Directions: Follow East onto Thunderbird from Hayden. Cavallo Estates is on the North side of Thunderbird just after 81st Street.
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.95
  • Co List Office Mls Id: lyon06
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: Cavallo Estates
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 350.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone, Wood
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), Central Vacuum, Fire Sprinklers, Intercom, Soft Water Loop, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 5840.0
  • Stories: 1
  • Window Features: Low Emissivity Windows
  • 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
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Engy Star (See Rmks)2: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Other Structures: Guest House
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: 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: Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Security: Security System Owned, Gated Community
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Self Managed
  • Association Fee Frequency: Monthly
  • Association Name: Cavallo HOA
  • Phone: See Add'l Docs
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Cavallo HOA
  • Association Fees:HOA Telephone4: See Add'l Docs
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 41172.0
  • Parcel #: 215-54-159
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Sonora West Development

Tax Info

  • Tax Annual Amount: 2368.0
  • Tax Book Number: 215.00
  • Tax Lot: 5
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2019
Sold by
Jensen John L
Bought by
Ddi Investors 2008 Llc
Current Estimated Value
$2,278,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$519,438
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$1,758,724

Purchase Details

Closed on
Oct 30, 2014
Sold by
Jensen John L and Jensen Lorna
Bought by
Jensen John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 10, 1998
Sold by
Jensen John L and Jensen Lorna
Bought by
Jensen John L and Jensen Lorna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.17%

Purchase Details

Closed on
Jun 2, 1997
Sold by
Krasnoff Gary
Bought by
Jensen John L and Savage Lorna

Purchase Details

Closed on
Aug 1, 1995
Sold by
Krasnoff Family Trust
Bought by
Frances Krasnoff Decedent Trust

Purchase Details

Closed on
Jun 7, 1995
Sold by
Krasnoff Family Trust
Bought by
Frances Krasnoff Decedent Trust
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
Ddi Investors 2008 Llc $1,000,000 Fidelity Natl Ttl Agcy Inc
Jensen John L -- None Available
Jensen John L -- Chicago Title Insurance Co
Jensen John L $96,000 Old Republic Title Agency
Frances Krasnoff Decedent Trust -- --
Frances Krasnoff Decedent Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ddi Investors 2008 Llc $787,500
Previous Owner Jensen John L $417,000
Previous Owner Jensen John L $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2013 08/01/13 Sold $500,000 -74.4% $86 / Sq Ft
05/16/2013 05/16/13 Pending -- -- --
01/08/2013 01/08/13 For Sale $1,950,000 -- $334 / 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 $6,308 $109,689 -- --
2024 $7,336 $104,466 -- --
2023 $7,336 $152,120 $30,420 $121,700
2022 $6,960 $117,180 $23,430 $93,750
2021 $7,395 $109,610 $21,920 $87,690
2020 $7,330 $104,350 $20,870 $83,480
2019 $6,473 $100,410 $20,080 $80,330
2018 $6,249 $91,870 $18,370 $73,500
2017 $5,960 $85,850 $17,170 $68,680
2016 $5,832 $83,410 $16,680 $66,730
2015 $5,522 $78,780 $15,750 $63,030
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Monica Monson

    The Noble Agency

    (480) 250-0848

    103 Total Sales

    Monica Monson
    Section Image
  • Barry Van Patten

    Seller Co-Listing Agent in 2013

    Barry Van Patten

    Russ Lyon Sotheby's International Realty

    (480) 202-2413

    35 Total Sales

    Barry Van Patten
    Section Image
  • Virginia Gee

    Buyer's Agent in 2013

    Virginia Gee

    Russ Lyon Sotheby's International Realty

    (602) 526-2672

    78 Total Sales

    Virginia Gee
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4872769

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-30-026

Arizona Maricopa County Scottsdale 85260

8318 E Gary Rd Unit 5, Scottsdale, AZ

This home is located at 8318 E Gary Rd Unit 5, Scottsdale, AZ 85260 since 10 January 2013 and is currently estimated at $2,278,162, approximately $390 per square foot. This property was built in 2013. 8318 E Gary Rd Unit 5 is a home located in Maricopa County with nearby schools including Cochise Elementary School, Cocopah Middle School, and Chaparral High School.

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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