NOT LISTED FOR SALE

8402 E Sutton Dr Scottsdale, AZ 85260

Estimated Value: $1,346,000 - $2,213,000

5 Beds
3 Baths
3,276 Sq Ft
$563/Sq Ft Est. Value

Sale Details

Date Sold: May 8, 2012

Last sale price $450,000 $137 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $10,401 / mo

27 Days on Market

Highlights

  • Equestrian Center
  • Heated Spa
  • Sitting Area In Primary Bedroom
  • Sonoran Sky Elementary School Rated A
  • RV Access or Parking
  • Ranch Style House

About This Home

As of May 2012

CALLING ALL INVESTORS/HOME BUILDERS! This is a unique opportunity to buy almost an acre ''Corner'' lot in the heart of Scottsdale. Homes inthe area are still selling for well-over $1 million. Pool/spa is not in working condition and home needs extensive repairs. However, home is liveable and perfect for theinvestor who wants to live in the home while remodeling. At this price, it won't take long to rebuild your asset portfolio again.

Last Agent to Sell the Property

Katherine Koch

Fairview Realty, LLC License #BR550271000 Listed on: 02/04/2012

Last Buyer's Agent

Cari Dandy

Russ Lyon Sotheby's International Realty License #SA550358000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • Desert faces the front of the property
  • Block Wall Fence
  • Desert Landscape
  • Corner Lot

Home Design

  • Ranch Style House
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,276 Sq Ft Home
  • Family Room with Fireplace
  • Formal Dining Room
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Separate Bedroom Exit
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Pool

  • Heated Spa
  • Play Pool
  • Fence Around Pool

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Equestrian Center

Community Details

  • $5,465 per year Dock Fee
  • Association fees include no fees

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0.99 Acres

Listing Details

  • Tax Municipality: Scottsdale
  • Cross Street: CACTUS/84TH ST
  • Legal Info Cnty Rcrd Bk Pg Number: 7608
  • Legal Info Lot Number: 7
  • Legal Info Range: 4E
  • Legal Info Section: 13
  • Legal Info Township: 3N
  • Property Type: A
  • Technology: Cable TV Avail, Security Sys Owned
  • Assessor Parcel Number: 10.00
  • Hundred Block: 13375
  • Legal Description Abbrev: SUNDOWN MANOR
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst, Mstr Bdrm Sitting Rm, Separate Bdrm Exit
  • Architecture: Ranch
  • Assessor Parcel Number: 175-01-010
  • Construction Finish: Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 53FRDXPSA2G
  • Map Code Grid: L37
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Price per Sq Ft: 137.36
  • Property Group Id: 19990816212109142258000000
  • Year Built: 1979
  • Tax Year: 2010
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: Fix-Up Needs Repair
  • Bedrooms: 5
  • Bedrooms Plus: 5.00
  • Other Rooms: Family Room
  • Bathrooms: 3.00
  • Laundry: Wshr/Dry HookUp Only
  • Fireplace: 1 Fireplace, Fireplace Family Rm
  • Dining Area: Breakfast Bar, Formal
  • Estimated Lot Sq Ft: 43280.00
  • Estimated Sq Ft: 3276.00
  • Kitchen Features: Dishwasher, Disposal, Kitchen Island
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Pool: Private Only
  • Spa: Heated
  • Landscaping: Desert Front, Yrd Wtring Sys Back, Yrd Wtring Sys Front
  • Roofing: Tile
  • Fencing: Block
  • Construction: Block
  • Horses: Y
  • Exterior Features: Circular Drive, Covered Patio(s)
  • Pool Private: Fenced, Play Pool, Private

Garage/Parking

  • Parking Features: Electric Door Opener, RV Parking, Separate Strge Area, Side Vehicle Entry

Utilities

  • Water: City Water
  • Utilities: APS
  • Cooling: Refrigeration
  • Heating: Electric

Condo/Co-op/Association

  • Services: City Services
  • Community Features: Horse Facility
  • Fee Include: No Fees

Schools

  • Elementary School: Sonoran Sky Elementary School - Scottsdale
  • High School: Horizon School
  • Jr High School: Desert Shadows Elementary School

Lot Info

  • Property Description: Corner Lot

Building Info

  • Builder Name: unknown

Tax Info

  • Taxes: 5465.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2012
Closed on
May 3, 2012
Sold by
Faustinos Eli and Faustinos Eliseo
Bought by
Strash Shawn Gunther and Strash Norma Jean
Seller's Agent
Katherine Koch
Fairview Realty, LLC
Buyer's Agent
Cari Dandy
Russ Lyon Sotheby's International Realty
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Current Estimated Value
$1,829,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,379,169
Avg. Annual Appreciation
10.67%
Original Mortgage
$405,000
Outstanding Balance
$282,570
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$1,562,310

Purchase Details

Closed on
Dec 28, 2005
Sold by
Cadoff Robert
Bought by
Faustinos Eli and Faustinos Eliseo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 15, 2005
Sold by
Faustinos Yvonne
Bought by
Faustinos Eli and Faustinos Eliseo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 23, 2004
Sold by
Cadoff Cindy and Cadoff Cindy H
Bought by
Cadoff Robert

Purchase Details

Closed on
Aug 4, 2000
Sold by
Routson Kristen E Costello and Costello Kristen E
Bought by
Cadoff Robert E and Cadoff Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,500
Interest Rate
8.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1999
Sold by
Costello Ronald S
Bought by
Costello Kristen E

Purchase Details

Closed on
May 1, 1997
Sold by
Gitkin Seymour
Bought by
Costello Ronald S and Costello Kristen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
7.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1994
Sold by
Luhrs Arthur Cleveland and Luhrs Joanne Francis
Bought by
Gitkin Seymour and Gitkin Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Strash Shawn Gunther $450,000 Fidelity National Title Agen
Faustinos Eli $785,000 Tsa Title Agency
Faustinos Eli -- Tsa Title Agency
Cadoff Robert -- Ticor Title Agency Of Az Inc
Cadoff Robert E $465,000 North American Title Agency
Costello Kristen E -- --
Costello Ronald S $307,500 Security Title
Gitkin Seymour $281,500 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strash Shawn Gunther $405,000
Previous Owner Faustinos Eli $628,000
Previous Owner Faustinos Eli $628,000
Previous Owner Cadoff Robert E $418,500
Previous Owner Costello Ronald S $246,000
Previous Owner Gitkin Seymour $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2012 05/08/12 Sold $450,000 -5.3% $137 / Sq Ft
03/02/2012 03/02/12 Pending -- -- --
02/04/2012 02/04/12 For Sale $475,000 -- $145 / Sq Ft
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 $6,601 $79,548 -- --
2024 $6,346 $75,760 -- --
2023 $6,346 $113,430 $22,680 $90,750
2022 $6,246 $84,960 $16,990 $67,970
2021 $6,370 $77,420 $15,480 $61,940
2020 $6,175 $73,310 $14,660 $58,650
2019 $6,223 $67,150 $13,430 $53,720
2018 $6,037 $69,010 $13,800 $55,210
2017 $5,745 $67,120 $13,420 $53,700
2016 $5,675 $58,370 $11,670 $46,700
2015 $5,380 $53,710 $10,740 $42,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4711781

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-01-010

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