NOT LISTED FOR SALE

8331 E Gray Rd Unit 1 Scottsdale, AZ 85260

Estimated Value: $3,127,277 - $4,224,000

15 Acres
$247,821 Price per Acre
653,400 Sq Ft Lot

Last Sold April 20, 2012

Last sale price $300,000

Est. 1,139% increase in value since last sale

Current estimated payment $20,796/month

411 Days on Market

Highlights

  • Gated Community
  • 15 Acre Lot
  • 4-minute walk to Northsight Park
  • Sonoran Sky Elementary School Rated A
  • Level Lot

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

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 1
  • Assessor Parcel Number 215-54-155

Community Details

Overview

  • Cavallo Estates Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,200

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

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: 38922.0
  • Additional Parcels: Yes
  • Parcel #: 215-54-155
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2200.0
  • Tax Book Number: 215.00
  • Tax Lot: 1
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2013
Sold by
Rs Cavallo Llc
Bought by
Berge Bryant and Berge Tara
Current Estimated Value
$3,717,319

Purchase Details

Listed on
Jan 24, 2011
Closed on
Apr 19, 2012
Sold by
Acp Ppr Investors Llc
Bought by
Rs Cavallo Llc
Seller's Agent
Darlene Richert
Russ Lyon Sotheby's International Realty
Buyer's Agent
Monica Monson
The Noble Agency
List Price
$399,000
Sold Price
$300,000
Premium/Discount to List
-$99,000
-24.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.70%
Original Mortgage
$2,137,500
Interest Rate
3.84%
Mortgage Type
Seller Take Back
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
Berge Bryant $600,000 Fidelity National Title Agen
Rs Cavallo Llc $2,850,000 Fidelity Natl Title Agency I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rs Cavallo Llc $2,137,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2012 04/20/12 Sold $300,000 -24.8% --
03/10/2012 03/10/12 Pending -- -- --
01/24/2011 01/24/11 For Sale $399,000 -- --
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 $8,859 $106,759 -- --
2024 $8,722 $101,675 -- --
2023 $8,722 $201,400 $40,280 $161,120
2022 $8,588 $190,570 $38,110 $152,460
2021 $8,754 $189,750 $37,950 $151,800
2020 $8,492 $179,960 $35,990 $143,970
2019 $8,557 $163,230 $32,640 $130,590
2018 $8,307 $96,550 $19,310 $77,240
2017 $7,916 $91,200 $18,240 $72,960
2016 $7,822 $90,550 $18,110 $72,440
2015 $9,382 $104,510 $20,900 $83,610
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Darlene Richert

    Russ Lyon Sotheby's International Realty

  • M

    Buyer's Agent in 2012

    Monica Monson

    The Noble Agency

    (480) 250-0848

    103 Total Sales

    Monica Monson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4526178

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-54-155

Arizona Maricopa County Scottsdale 85260

8331 E Gray Rd Unit 1, Scottsdale, AZ

This home is located at 8331 E Gray Rd Unit 1, Scottsdale, AZ 85260 since 24 January 2011 and is currently estimated at $3,717,319. 8331 E Gray Rd Unit 1 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

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