NOT LISTED FOR SALE

8416 E Joshua Tree Ln Unit 18 Scottsdale, AZ 85250

Indian Bend Neighborhood

Estimated Value: $1,574,000 - $7,027,000

1.27 Acres
$2,641,145 Price per Acre
55,321 Sq Ft Lot

Last Sold October 02, 2014

Last sale price $500,000

Est. 571% increase in value since last sale

Current estimated payment $18,854/month

56 Days on Market

Highlights

  • 1.27 Acre Lot
  • No HOA
  • Cul-De-Sac
  • Kiva Elementary School Rated A

About This Lot

As of October 2014

Central Scottsdale Location. Near McCormick Ranch, Horse Property and one of the last large lots in this area. The previous home and septic system were removed to prepare for a new home. The lot is serviced with all utilities and has sewer line access at the street waiting for tie in.

Last Agent to Sell the Property

Mark Sumstine

Realty ONE Group License #SA632021000 Listed on: 06/11/2014

Co-Listed By

Kevin Horikami

Realty ONE Group License #SA632617000

Last Buyer's Agent

Kurt Nishimura

Coldwell Banker Realty License #SA579393000

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,137

Lot Details

  • 1.27 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Property is zoned R1-43

Eco-Friendly Details

  • North or South Exposure

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Sahuaro High School

Community Details

  • No Home Owners Association
  • Indian Bend Ranchos 2 Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 174-09-023

Property Details

Property Type

Land

Est. Annual Taxes

$5,137

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Road & Indian Bend Road
  • Property Type: Land
  • Zoning: R1-43
  • Tax Year: 2013
  • Lot Size Acres: 1.27
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reex04
  • Co List Office Phone: 480-850-5000
  • Subdivision Name: Indian Bend Ranchos 2
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Lot Features: Cul-De-Sac, North/South Exp
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kiva Elementary School
  • High School: Sahuaro School
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 55327.0
  • Additional Parcels: No
  • Parcel #: 174-09-023
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5137.34
  • Tax Book Number: 174.00
  • Tax Lot: 18
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2019
Sold by
Baig Rafath U and The Mah Ki Dua Trust
Bought by
Seddon Kenneth and Seddon Gina
Current Estimated Value
$3,354,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 11, 2017
Sold by
Baig Rafath U
Bought by
Baig Rafath U

Purchase Details

Listed on
Jun 11, 2014
Closed on
Sep 11, 2014
Sold by
Veranth Joseph and Veranth Lauren
Bought by
Baig Rafathu U
Seller's Agent
Mark Sumstine
Realty ONE Group
Buyer's Agent
Kurt Nishimura
Coldwell Banker Realty
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.49%

Purchase Details

Listed on
Aug 30, 2012
Closed on
Mar 20, 2013
Sold by
Hodgson Jamie and Hodgson Jodie
Bought by
Veranth Joseph and Veranth Lauren
Seller's Agent
Mark Sumstine
Realty ONE Group
Buyer's Agent
Mark Sumstine
Realty ONE Group
List Price
$460,000
Sold Price
$410,000
Premium/Discount to List
-$50,000
-10.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%

Purchase Details

Closed on
Feb 7, 2011
Sold by
Mcneeley Dennis J and Mcneeley Andrea L
Bought by
Hodgson Jamie and Hodgson Jodi Lynn

Purchase Details

Closed on
May 11, 1994
Sold by
Mcneeley Dennis J and Mcneeley Andrea L
Bought by
Mcneeley Dennis J and Mcneeley Andrea L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Seddon Kenneth $650,000 American Title Svc Agcy Llc
Baig Rafath U -- None Available
Baig Rafathu U $500,000 Equity Title Agency Inc
Veranth Joseph $410,000 Security Title Agency
Hodgson Jamie $400,000 Security Title Agency
Mcneeley Dennis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Seddon Kenneth $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2014 10/02/14 Sold $500,000 -4.8% --
08/05/2014 08/05/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $525,000 +28.0% --
04/03/2013 04/03/13 Sold $410,000 -10.9% -- View Prior Sale
02/26/2013 02/26/13 Pending -- -- --
08/30/2012 08/30/12 For Sale $460,000 -- --
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 $14,733 $119,856 -- --
2024 $6,085 $86,656 $86,656 --
2023 $6,085 $112,395 $112,395 $0
2022 $5,773 $86,520 $86,520 $0
2021 $6,134 $83,940 $83,940 $0
2020 $6,080 $77,190 $77,190 $0
2019 $5,867 $82,320 $82,320 $0
2018 $5,681 $83,055 $83,055 $0
2017 $5,441 $80,895 $80,895 $0
2016 $5,336 $91,125 $91,125 $0
2015 $5,417 $64,368 $64,368 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Sumstine

    Seller's Agent in 2014

    Mark Sumstine

    Realty One Group

    (602) 828-0684

    2 in this area

    35 Total Sales

    Mark Sumstine
    Section Image
  • Kevin Horikami

    Seller Co-Listing Agent in 2014

    Kevin Horikami

    Realty One Group

    (602) 828-0944

    Kevin Horikami
    Section Image
  • Kurt Nishimura

    Buyer's Agent in 2014

    Kurt Nishimura

    Coldwell Banker Realty

    (602) 513-9335

    25 Total Sales

    Kurt Nishimura
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5128834

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-09-023

Arizona Maricopa County Scottsdale 85250 Indian Bend

8416 E Joshua Tree Ln Unit 18, Scottsdale, AZ

Not Listed for Sale

Lots

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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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