NOT LISTED FOR SALE

8526 E Montecito Ave Scottsdale, AZ 85251

Indian Bend Neighborhood

Estimated Value: $723,000 - $851,000

3 Beds
2 Baths
1,987 Sq Ft
$401/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $640,000 $322 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,342/month

49 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Tile Flooring
  • Navajo Elementary School Rated A-
  • Double Pane Windows
  • Central Air

About This Home

As of October 2022

Tremendous location near Old Town Scottsdale and Scottsdale Fashion Square and Loop 101 Freeway.
Montecito Avenue has very little traffic and there are many nice homes sited on large lots along this street. The home has a large galley style kitchen, a large living room, dining area and three bedroom plus two bathrooms. There is also an separate office/studio room which accessible from the rear patio which is heated and cooled (approximately 300 sf); this room is included in the country square footage. This vintage home checks all the boxes in this sought-after location right in the heart of Scottsdale; near Chaparral Lake Park, Old Town, Scottsdale Fashion Square, Trader Joes, AJ's Fine Foods, countless restaurants and Loop 101.
Ask about interest rate buydown.

Last Agent to Sell the Property

Craig Stetson

HomeSmart License #SA026707000 Listed on: 08/13/2022

HomeSmart

Co-Listed By

Alexander Prewitt

Real Broker License #SA641140000

Last Buyer's Agent

Jerry Oboh

DeLex Realty License #SA692270000

DeLex Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 1959

Lot Details

  • 10,160 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,987 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Scottsdale Highlands Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 173-57-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,030

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Granite Reef and Montecito
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1959
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: hagu01
  • Co List Office Phone: 480-998-0110
  • Subdivision Name: SCOTTSDALE HIGHLANDS
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 3/4 Bath Master Bdrm
  • Living Area: 1987.0
  • Stories: 1
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Elec: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Alley, Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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: 10160.0
  • Parcel #: 173-57-027
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2030.0
  • Tax Book Number: 173.00
  • Tax Lot: 27
  • Tax Map Number: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2022
Closed on
Oct 11, 2022
Sold by
Werner Trust
Bought by
Clarity Group Llc
Seller's Agent
Craig Stetson
HomeSmart
Buyer's Agent
Jerry Oboh
DeLex Realty
List Price
$695,000
Sold Price
$640,000
Premium/Discount to List
-$55,000
-7.91%
Views
1
Current Estimated Value
$795,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,994
Avg. Annual Appreciation
7.44%
Original Mortgage
$400,000
Outstanding Balance
$383,875
Interest Rate
5.66%
Mortgage Type
Seller Take Back
Estimated Equity
$412,119

Purchase Details

Closed on
Sep 11, 2007
Sold by
Werner Donald A and Ashley Karisa L
Bought by
Werner Trust and Werner Donald A

Purchase Details

Closed on
Nov 8, 1999
Sold by
Smith Joseph E and Smith Jane E
Bought by
Werner Donald A and Ashley Karisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.84%
Mortgage Type
New Conventional
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
Clarity Group Llc $640,000 East Title
Werner Trust -- None Available
Werner Donald A $206,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarity Group Llc $400,000
Previous Owner Werner Donald A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2022 10/13/22 Sold $640,000 -5.2% $322 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
09/06/2022 09/06/22 Price Changed $675,000 -2.9% $340 / Sq Ft
08/13/2022 08/13/22 For Sale $695,000 -- $350 / 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 $2,095 $34,977 -- --
2024 $2,353 $33,311 -- --
2023 $2,353 $56,670 $11,330 $45,340
2022 $1,872 $38,010 $7,600 $30,410
2021 $2,030 $36,500 $7,300 $29,200
2020 $2,013 $35,550 $7,110 $28,440
2019 $1,956 $33,560 $6,710 $26,850
2018 $1,903 $31,600 $6,320 $25,280
2017 $1,788 $29,920 $5,980 $23,940
2016 $1,741 $28,160 $5,630 $22,530
2015 $1,684 $25,770 $5,150 $20,620
Source: Public Records

Agents Affiliated with this Home

  • Craig Stetson

    Seller's Agent in 2022

    Craig Stetson

    HomeSmart

    (480) 970-3430

    5 in this area

    44 Total Sales

    Craig Stetson
    Section Image
  • Alexander Prewitt

    Seller Co-Listing Agent in 2022

    Alexander Prewitt

    Real Broker

    (520) 237-8411

    6 in this area

    490 Total Sales

    Alexander Prewitt
    Section Image

  • J

    Buyer's Agent in 2022

    Jerry Oboh

    DeLex Realty

    (602) 910-3002

    11 in this area

    18 Total Sales

    Jerry Oboh
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6456423

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-57-027

Arizona Maricopa County Scottsdale 85251 Indian Bend

8526 E Montecito Ave, Scottsdale, AZ

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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