NOT LISTED FOR SALE

8521 E Desert Cove Ave Unit 10 Scottsdale, AZ 85260

Estimated Value: $4,413,000 - $5,123,000

1.01 Acres
$4,803,665 Price per Acre
43,996 Sq Ft Lot

Last Sold March 01, 2024

Last sale price $1,345,000

Est. 261% increase in value since last sale

Current estimated payment $26,047/month

5 Days on Market

Highlights

  • Horses Allowed On Property
  • Cochise Elementary School Rated A
  • No HOA

About This Lot

As of March 2024

Embark on the opportunity to craft your vision on this remarkable 1-acre vacant lot nestled in a highly sought-after area of Scottsdale. With the opportunity to build the home or investment property of your dreams. ATTENTION investors, don't miss this chance to build near 5-8 million dollar homes nestled in the same neighborhood! With the rare advantage of NO HOA constraints, you'll find the perfect blend of tranquility and convenience. Revel in the panoramic McDowell Mountain Views that grace this horse property. Proximity to biking/walking paths and Top-Tier Grade ''A'' schools, known as the coveted Scottsdale '3-Cs.' The nearby entertainment and thriving community completes this exceptional offering. This is one of the only acre lots available inside the 101 loop!

Last Agent to Sell the Property

Ismerai Meraz

HomeSmart License #SA702275000 Listed on: 02/09/2024

HomeSmart

Co-Listed By

Griselda Tapia Rojas

HomeSmart License #SA651762000

Last Buyer's Agent

Joelle Addante

Compass License #SA653506000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,498

Lot Details

  • 1.01 Acre Lot
  • Property is zoned [R-35],[R1-35]

Schools

  • Cochise Elementary School
  • Cocopah Middle School
  • Chaparral High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Sundown Vista Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 175-64-010

Property Details

Property Type

Land

Est. Annual Taxes

$3,498

Lot Details

0

Listing Details

  • Cross Street: Shea & Hayden
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: [R-35],[R1-35]
  • Tax Year: 2023
  • Directions: Exit Shea Blvd head west, turn right on N 85th Pl, then left on E desert Cove Ave, lot will be on your left side.
  • Horses: Yes
  • Lot Size Acres: 1.01
  • Co List Office Mls Id: cril15
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: SUNDOWN VISTA
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: Other (See Rmks)

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cochise Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Lot Size: 204.59X214.55X204.74X214.68
  • Lot Size Sq Ft: 43926.0
  • Additional Parcels: No
  • Parcel #: 175-64-010
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3498.0
  • Tax Book Number: 175.00
  • Tax Lot: 10
  • Tax Map Number: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 5, 2024
Sold by
Cleveland David
Bought by
Vact Houses Llc
Seller's Agent
Ismerai Meraz
HomeSmart
Buyer's Agent
Joelle Addante
Compass
List Price
$1,390,000
Sold Price
$1,345,000
Premium/Discount to List
-$45,000
-3.24%
Views
21
Current Estimated Value
$4,851,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,506,702
Avg. Annual Appreciation
125.24%
Original Mortgage
$1,500,000
Outstanding Balance
$1,474,910
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$3,376,792

Purchase Details

Closed on
Sep 1, 2021
Sold by
Held Holly and Garcia Holly
Bought by
Cleveland David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$747,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2002
Sold by
Garcia Gilbert
Bought by
Garcia Gilbert and Garcia Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.94%
Source: Public Records

Range of Values:

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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
Vact Houses Llc $1,345,000 Magnus Title Agency
Cleveland David $948,577 Chicago Title Agency Inc
Garcia Gilbert -- Fidelity Title
Garcia Gilbert -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vact Houses Llc $1,500,000
Previous Owner Cleveland David $747,000
Previous Owner Garcia Gilbert $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $1,345,000 -3.2% --
02/09/2024 02/09/24 For Sale $1,390,000 -- --
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 $2,670 $39,463 $39,463 --
2024 $3,498 $37,584 $37,584 --
2023 $3,498 $78,420 $15,680 $62,740
2022 $3,319 $61,050 $12,210 $48,840
2021 $3,014 $55,320 $11,060 $44,260
2020 $2,987 $51,810 $10,360 $41,450
2019 $2,896 $45,860 $9,170 $36,690
2018 $2,829 $43,920 $8,780 $35,140
2017 $2,670 $42,100 $8,420 $33,680
2016 $2,617 $39,810 $7,960 $31,850
2015 $2,514 $37,300 $7,460 $29,840
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2024

    Ismerai Meraz

    HomeSmart

    (480) 695-4545

    1 Total Sale

    Ismerai Meraz
    Section Image

  • G

    Seller Co-Listing Agent in 2024

    Griselda Tapia Rojas

    HomeSmart

    (602) 575-4259

    55 Total Sales

    Griselda Tapia Rojas
    Section Image
  • Joelle Addante

    Buyer's Agent in 2024

    Joelle Addante

    Compass

    (602) 790-6484

    156 Total Sales

    Joelle Addante
    Section Image
  • David Thayer

    Buyer Co-Listing Agent in 2024

    David Thayer

    Compass

    (646) 280-8158

    122 Total Sales

    David Thayer
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6661775

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-64-010

Arizona Maricopa County Scottsdale 85260

8521 E Desert Cove Ave Unit 10, Scottsdale, AZ

This home is located at 8521 E Desert Cove Ave Unit 10, Scottsdale, AZ 85260 since 09 February 2024 and is currently estimated at $4,851,702. 8521 E Desert Cove Ave Unit 10 is a home located in Maricopa County with nearby schools including Cochise Elementary School, Cocopah Middle School, and Chaparral 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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