NOT LISTED FOR SALE

8318 E Gray Rd Unit 5 Scottsdale, AZ 85260

Estimated Value: $3,437,000 - $3,597,765

15 Acres
$235,773 Price per Acre
653,400 Sq Ft Lot

Last Sold April 20, 2012

Last sale price $300,000

Est. 1,079% increase in value since last sale

Current estimated payment $21,196/month

411 Days on Market

Highlights

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

About This Lot

As of April 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

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure

Listing and Financial Details

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

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
  • 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: Mountain View(s), 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: 138 x 316
  • Lot Size Sq Ft: 41172.0
  • Additional Parcels: Yes
  • Parcel #: 215-54-159
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2200.0
  • 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
Feb 12, 2016
Sold by
Silver Brent D and Silver Susan S
Bought by
Bent & Susan Silver Family Trust and Silver Susan S
Total Days on Market
411
Current Estimated Value
$3,536,588

Purchase Details

Closed on
Apr 14, 2015
Sold by
Silver Brent D and Silver Susan S
Bought by
Silver Brent D and Silver Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,194,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2013
Sold by
Rs Cavallo Llc
Bought by
Silver Brent D and Silver Susan S

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
See All Homes in Scottsdale

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
Bent & Susan Silver Family Trust -- None Available
Silver Brent D -- Placer Title Company
Silver Brent D $500,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silver Brent D $1,083,000
Closed Silver Brent D $1,194,000
Closed Silver Brent D $1,202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2012 04/20/12 Sold $300,000 -20.8% --
03/10/2012 03/10/12 Pending -- -- --
01/24/2011 01/24/11 For Sale $379,000 -- --
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 $12,597 $148,942 -- --
2024 $12,405 $141,850 -- --
2023 $12,405 $221,360 $44,270 $177,090
2022 $12,218 $208,950 $41,790 $167,160
2021 $12,450 $208,120 $41,620 $166,500
2020 $12,085 $197,760 $39,550 $158,210
2019 $12,175 $181,020 $36,200 $144,820
2018 $11,827 $106,570 $21,310 $85,260
2017 $11,281 $100,810 $20,160 $80,650
2016 $11,683 $100,370 $20,070 $80,300
2015 $14,227 $155,230 $31,040 $124,190
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Darlene Richert

    Russ Lyon Sotheby's International Realty

  • Monica Monson

    Buyer's Agent in 2012

    Monica Monson

    The Noble Agency

    (480) 250-0848

    110 Total Sales

    Monica Monson
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4526199

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-54-159

Arizona Maricopa County Scottsdale 85260

8318 E Gray Rd Unit 5, Scottsdale, AZ

Homes for Sale in Scottsdale, AZ

This home is located at 8318 E Gray Rd Unit 5, Scottsdale, AZ 85260 since 24 January 2011 and is currently estimated at $3,536,588. This property was built in 2014. 8318 E Gray Rd Unit 5 is a home located in Maricopa County with nearby schools including Sonoran Sky Elementary School, Desert Shadows Middle School, and Horizon 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

Nearby Homes