NOT LISTED FOR SALE

8561 E Old Field Rd Unit 87 Scottsdale, AZ 85266

Whisper Rock Neighborhood

Estimated Value: $4,329,494

2.55 Acres
$1,697,841 Price per Acre
111,078 Sq Ft Lot

Last Sold March 08, 2017

Last sale price $300,000

Est. 1,343% increase in value since last sale

Current estimated payment $24,382/month

190 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Mountain View
  • Lone Mountain Elementary School Rated A-
  • 2.55 Acre Lot
  • Property is near a golf course

About This Lot

As of March 2017

Wow - check out the price on this bank foreclosed lot in the Estates of Whisper Rock. Mtn views and interesting boulder outcroppings with easy pad build makes this a supper investment for the long term hold, to build your future home or a potential spec for a custom home builder. North Scottsdale's finest: 24 hour manned guard-gate. Three acre neighborhood park includes two tennis courts, 1/2 court basketball & picnic ramada along with a fitness center & beautiful pool. REO PROPERTY - Property being sold in as-is, where-is condition - Buyer to verify any and all pertinent information

Last Agent to Sell the Property

Gary May

NextHome City to City License #BR007509000 Listed on: 08/03/2016

NextHome City to City

Last Buyer's Agent

Carmen Garneata

HomeSmart License #SA651695000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,297

Lot Details

  • 2.55 Acre Lot
  • Property is zoned R1

HOA Fees

  • $442 Monthly HOA Fees

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Additional Features

  • Mountain Views
  • North or South Exposure
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 216-52-122

Community Details

Overview

  • Whisper Rock Estate Association, Phone Number (480) 921-7500
  • Whisper Rock Estates Lot Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$2,297

Lot Details

0

HOA Fees

$442 per month

Listing Details

  • Cross Street: Lone Mountain & Hayden
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: R1
  • Tax Year: 2015
  • Directions: Scottsdale Rd to Lone Mountain, E. to Hayden, N. to guardgate; or Pima Rd to Lone Mtn, W. to Hayden, N. to guardgate
  • Lot Size Acres: 2.55
  • Road Surface Type: Asphalt
  • Subdivision Name: WHISPER ROCK ESTATES LOT
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Golf Course Subd, Mountain View(s), Gated Community, Guarded Entry, North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 5300.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 480-921-7500
  • HOA Transfer Fee: 3500.0
  • Association Fee: 5300.0
  • Association Fee Frequency: Annually
  • Association Name: Whisper Rock Estate
  • Phone: 480-921-7500
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 110881.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 216-52-122
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2297.0
  • Tax Book Number: 216.00
  • Tax Lot: 87
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2019
Sold by
Ceh Cosmin G
Bought by
Ceh Cosmin George and Ceh Simona
Current Estimated Value
$4,329,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,799,750
Outstanding Balance
$1,597,648
Interest Rate
3.62%
Mortgage Type
Small Business Administration
Estimated Equity
$2,731,846

Purchase Details

Listed on
Aug 3, 2016
Closed on
Mar 7, 2017
Sold by
Bmo Harris Bank Na
Bought by
Ceh Cosmin George
Seller's Agent
Gary May
NextHome City to City
Buyer's Agent
Carmen Garneata
HomeSmart
List Price
$357,900
Sold Price
$300,000
Premium/Discount to List
-$57,900
-16.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.45%

Purchase Details

Listed on
Aug 3, 2016
Closed on
Mar 3, 2017
Sold by
Ceh Simona
Bought by
Ceh Cosmin George
Seller's Agent
Gary May
NextHome City to City
Buyer's Agent
Carmen Garneata
HomeSmart
List Price
$357,900
Sold Price
$300,000
Premium/Discount to List
-$57,900
-16.18%

Purchase Details

Closed on
Jul 12, 2016
Sold by
Landau Theodore and Branch Michelle
Bought by
Bmo Harris Bank Na

Purchase Details

Closed on
Oct 6, 2005
Sold by
Whisper Rock Estates Llc
Bought by
Landau Theodore and Branch Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
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
Ceh Cosmin George -- Stewart Ttl & Tr Of Phoenix
Ceh Cosmin George $300,000 Security Title Agency Inc
Ceh Cosmin George -- Security Title Agency
Bmo Harris Bank Na $308,593 None Available
Landau Theodore $950,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceh Cosmin George $1,799,750
Previous Owner Landau Theodore $855,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2017 03/08/17 Sold $300,000 -16.2% --
02/08/2017 02/08/17 Pending -- -- --
08/02/2016 08/02/16 For Sale $357,900 -- --
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 $10,746 $195,120 -- --
2024 $10,278 $185,828 -- --
2023 $10,278 $313,850 $62,770 $251,080
2022 $9,901 $251,570 $50,310 $201,260
2021 $5,472 $120,150 $24,030 $96,120
2020 $2,518 $51,120 $51,120 $0
2019 $2,443 $45,750 $45,750 $0
2018 $2,375 $45,480 $45,480 $0
2017 $2,288 $44,850 $44,850 $0
2016 $2,278 $52,980 $52,980 $0
2015 $2,297 $63,696 $63,696 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Gary May

    NextHome City to City

    (480) 295-4500

    33 Total Sales

    Gary May
    Section Image
  • Carmen Garneata

    Buyer's Agent in 2017

    Carmen Garneata

    HomeSmart

    (773) 744-7161

    18 Total Sales

    Carmen Garneata
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5478599

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-52-122

Arizona Maricopa County Scottsdale 85266 Whisper Rock

8561 E Old Field Rd Unit 87, Scottsdale, AZ

This home is located at 8561 E Old Field Rd Unit 87, Scottsdale, AZ 85266 since 03 August 2016 and is currently priced at $4,329,494. 8561 E Old Field Rd Unit 87 is a home located in Maricopa County with nearby schools including Lone Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle 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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