NOT LISTED FOR SALE

8318 E Gray Rd Unit 5 Scottsdale, AZ 85260

Estimated Value: $3,805,000 - $4,603,394

15 Acres
$278,040 Price per Acre
653,400 Sq Ft Lot

Last Sold April 20, 2012

Last sale price $300,000

Est. 1,290% increase in value since last sale

Current estimated payment $22,909/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 Agent to Sell the Property

Darlene Richert

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

Last Buyer's Agent

Monica Monson

The Noble Agency License #BR535076000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,200

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

Lot Details

15 Acres

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
  • Horses: No
  • Lot Size Acres: 15.0
  • Road Surface Type: Asphalt
  • Subdivision Name: Cavallo Estates
  • Special Features: None
  • Property Sub Type: LotsLands

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
Current Estimated Value
$4,170,599

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
Outstanding Balance
$921,164
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$3,249,435

Purchase Details

Closed on
Jul 30, 2013
Sold by
Rs Cavallo Llc
Bought by
Silver Brent D and Silver Susan S
Source: Public Records
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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 $1,194,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $12,883 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4526199

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-54-159

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