NOT LISTED FOR SALE

8502 E Fairmount Ave Unit 1 Scottsdale, AZ 85251

Indian Bend Neighborhood

Estimated Value: $687,963 - $839,000

3 Beds
2 Baths
1,752 Sq Ft
$436/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $486,000 $277 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,398/month

19 Days on Market

Highlights

  • Outdoor Fireplace
  • Corner Lot
  • Private Yard
  • Pima Elementary School Rated A-
  • Granite Countertops
  • No HOA

About This Home

As of December 2019

This charming Ranch Style Home resides on a large corner lot and has 3 bedrooms plus home office. The $12,000.00 remodeled kitchen (2014) has warm wood cabinetry throughout with Quartz composite counter tops and a spacious center island for extra storage. Stainless steel appliances purchased in 2017 & 2018 are complimented by the custom travertine back splash. The home entertainer will love the spacious great room and the large dining area with French doors leading outside, inviting your friends to sit by the fireplace. The master bedroom has a large walk in closet and recently remodeled (2019) Spa like master bathroom with extra large shower. The 2 Guest rooms have enough space for everyone and shows light and bright. The full guest bath has Travertine throughout with double sinks and refinished tub/shower. The 2 car Garage comes with extra cabinetry for more storage or the garage king! Raised Redwood garden beds will appeal to the gardener in the family or create new hobby for all. Big ticket items already completed include: New Gold Lennox AC unit and ducts installed in 2018, New Electrical panel in 2019 and Smith Hot water heater in 2018 to name a few. Prime Scottsdale location with no HOA!

Last Agent to Sell the Property

Pamela Caldwell

HomeSmart License #BR034385000 Listed on: 10/20/2019

HomeSmart

Last Buyer's Agent

Jared Shahon

Compass License #SA686695000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,309

Year Built

  • Built in 1963

Lot Details

  • 8,699 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Backyard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,752 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Solar Screens

Kitchen

  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace

Schools

  • Pima Elementary School
  • Tonalea K-8 Middle School
  • Coronado High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Water Filtration System
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 130-42-029

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Pointe Scottsdale Unit 1 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,309

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Indian School & 85th St
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Bathrooms Year Updated: 2019
  • Items Updated Floor Yr Updated: 2011
  • Items Updated Ht Cool Yr Updated: 2018
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Plumbing: Partial
  • Items Updated Wiring Yr Updated: 2019
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1963
  • Tax Year: 2019
  • Directions: From 101 - Head West on Indian School to 85th Street, Go South on 85th to Fairmount Ave. House is on the NE corner of Fairmount Ave and 85th St.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: POINTE SCOTTSDALE UNIT 1
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: Drink Wtr Filter Sys, No Interior Steps, Kitchen Island, Full Bth Master Bdrm, Granite Counters
  • Living Area: 1752.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Alley, Corner Lot, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Other (See Remarks), Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Biking/Walking Path
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Pima Elementary School
  • High School: Coronado High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Tonalea K-8

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8699.0
  • Parcel #: 130-42-029
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1309.0
  • Tax Book Number: 130.00
  • Tax Lot: 28
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2019
Closed on
Dec 9, 2019
Sold by
Wernau James A and Wernau Jessica C
Bought by
Cosgrove Joseph T and Cosgrove Rachel
Seller's Agent
Pamela Caldwell
HomeSmart
Buyer's Agent
Jared Shahon
Compass
List Price
$496,500
Sold Price
$486,000
Premium/Discount to List
-$10,500
-2.11%
Total Days on Market
19
Current Estimated Value
$763,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,491
Avg. Annual Appreciation
8.59%
Original Mortgage
$461,700
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2011
Sold by
Chapman Travis Michael and Chapman Jessica A
Bought by
Wernau James A and Wernau Jessica C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2007
Sold by
Rosenfeld Barnard and Rosenfeld Mary Louise
Bought by
Chapman Travis Michael and Bullock Jessica Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
Katt Rick W
Bought by
Rosenfeld Bernard and Rosenfeld Mary Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2004
Sold by
Katt Wanda L
Bought by
Katt Rick W

Purchase Details

Closed on
Sep 16, 2004
Sold by
Schaible Stacie D
Bought by
Katt Rick W and Katt Wanda L

Purchase Details

Closed on
Jan 11, 1999
Sold by
Davis Amy D and Davis Amy Dee
Bought by
Schaible Stacie D and Schaible Stacie Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.77%

Purchase Details

Closed on
May 24, 1996
Sold by
Matchette Margaret
Bought by
Schaible Stacie D and Davis Amy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.25%
Mortgage Type
New Conventional
Source: Public Records

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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
Cosgrove Joseph T $486,000 Equity Title Agency Inc
Wernau James A $180,000 Title Management Agency Of A
Chapman Travis Michael $375,000 Stewart Title & Trust Of Pho
Rosenfeld Bernard $365,000 Title Partners Of Phoenix Ll
Katt Rick W -- Lawyers Title Ins
Katt Rick W $190,000 Lawyers Title Ins
Schaible Stacie D -- Ati Title Agency
Schaible Stacie D $110,000 Lawyers Title Of Arizona Inc
Matchette Margaret N -- Lawyers Title Of Arizona Inc
Matchette Margaret N -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosgrove Joseph T $440,000
Closed Cosgrove Joseph T $461,700
Previous Owner Wernau James A $220,000
Previous Owner Wernau James A $155,000
Previous Owner Wernau James A $175,000
Previous Owner Chapman Travis Michael $35,000
Previous Owner Chapman Travis Michael $300,000
Previous Owner Rosenfeld Bernard $292,000
Previous Owner Schaible Stacie D $112,500
Previous Owner Schaible Stacie D $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $486,000 -2.1% $277 / Sq Ft
10/20/2019 10/20/19 For Sale $496,500 -- $283 / 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 $1,349 $23,442 -- --
2024 $1,321 $22,326 -- --
2023 $1,321 $50,880 $10,170 $40,710
2022 $1,256 $34,850 $6,970 $27,880
2021 $1,361 $33,250 $6,650 $26,600
2020 $1,349 $29,920 $5,980 $23,940
2019 $1,309 $26,650 $5,330 $21,320
2018 $1,279 $25,100 $5,020 $20,080
2017 $1,208 $21,970 $4,390 $17,580
2016 $1,177 $20,010 $4,000 $16,010
2015 $1,138 $19,110 $3,820 $15,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5994493

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-42-029