NOT LISTED FOR SALE

8500 E Indian School Rd Unit 243 Scottsdale, AZ 85251

Indian Bend Neighborhood

Estimated Value: $321,000 - $349,000

2 Beds
2 Baths
1,212 Sq Ft
$334/mo HOA Fee

Last Sold October 15, 2019

Last sale price $194,000 $160 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,200/month

32 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Tile Flooring
  • Navajo Elementary School Rated A-
  • Security System Owned
  • Central Air

About This Home

As of October 2019

This Scottsdale one-level condo offers tile flooring, granite kitchen countertops, and a covered balcony.

Last Agent to Sell the Property

Jacqueline Moore

Opendoor Brokerage, LLC Brokerage Email: homes@opendoor.com License #SA662341000 Listed on: 08/10/2019

Last Buyer's Agent

Meghan Klibanoff

Compass License #SA665594000

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $763

Year Built

  • Built in 1981

Lot Details

  • Block Wall Fence

HOA Fees

  • $334 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,212 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Security System Owned
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

  • Navajo Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 243
  • Assessor Parcel Number 173-55-698

Community Details

Overview

  • Association fees include ground maintenance
  • Scottsdale Terrace Condominiums Association, Phone Number (480) 759-4945
  • Scottsdale Terrace Condominiums Replat Subdivision

Amenities

  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$763

Year Built

Built in 1981

Lot Details

0

HOA Fees

$334 per month

Listing Details

  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 334.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1981
  • Tax Year: 2018
  • Attribution Contact: homes@opendoor.com
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: SCOTTSDALE TERRACE CONDOMINIUMS REPLAT
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 334.0
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 1212.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Workout Facility: Yes

Exterior Features

  • Fencing: Block
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Fitness Center
  • Association Fee: 334.0
  • Association Fee Frequency: Monthly
  • Association Name: Scottsdale Terrace Condominiums Association
  • Phone: 480-759-4945
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Scottsdale Terrace Condominiums Association
  • Association Fees:HOA Telephone4: 4807594945
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 668.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Navajo Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1273.0
  • Parcel #: 173-55-698

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 763.0
  • Tax Book Number: 173.00
  • Tax Lot: 243
  • Tax Map Number: 55.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2019
Closed on
Oct 14, 2019
Sold by
Opendoor Property D Llc
Bought by
Terenchin Alexander William and Terenchin Elizabeth Anne
Seller's Agent
Jacqueline Moore
Opendoor Brokerage, LLC
Buyer's Agent
Meghan Klibanoff
Compass
List Price
$203,000
Sold Price
$194,000
Premium/Discount to List
-$9,000
-4.43%
Current Estimated Value
$330,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,147
Avg. Annual Appreciation
9.73%
Original Mortgage
$174,600
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2019
Sold by
Silverstri Holly Ann
Bought by
Opendoor Property D Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000,000
Interest Rate
3.8%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 11, 2007
Sold by
Orange Tree Terrace Ltd
Bought by
Silvestri Holly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,110
Interest Rate
6.4%
Mortgage Type
New Conventional
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
Terenchin Alexander William $194,000 Os National Llc
Opendoor Property D Llc $194,600 Opendoor West Llc
Silvestri Holly Ann $251,110 The Talon Group Tempe Supers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terenchin Alexander William $121,000
Closed Terenchin Alexander William $176,000
Closed Terenchin Alexander William $174,600
Previous Owner Opendoor Property D Llc $400,000,000
Previous Owner Silvestri Holly A $143,200
Previous Owner Silvestri Holly Ann $166,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $194,000 -1.5% $160 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
09/05/2019 09/05/19 Price Changed $197,000 -1.0% $163 / Sq Ft
08/22/2019 08/22/19 Price Changed $199,000 -2.0% $164 / Sq Ft
08/10/2019 08/10/19 For Sale $203,000 -- $167 / Sq Ft
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 $805 $14,110 -- --
2024 $787 $13,438 -- --
2023 $787 $21,760 $4,350 $17,410
2022 $749 $17,930 $3,580 $14,350
2021 $813 $17,130 $3,420 $13,710
2020 $806 $15,510 $3,100 $12,410
2019 $781 $14,150 $2,830 $11,320
2018 $763 $12,680 $2,530 $10,150
2017 $720 $12,010 $2,400 $9,610
2016 $706 $11,820 $2,360 $9,460
2015 $678 $10,560 $2,110 $8,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5963633

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-55-698