NOT LISTED FOR SALE

8567 E Black Mountain Rd Unit 2 Scottsdale, AZ 85266

Boulders Neighborhood

Estimated Value: $2,409,000 - $2,690,088

1 Acre
$2,509,029 Price per Acre
43,560 Sq Ft Lot

Last Sold August 15, 2018

Last sale price $140,000

Est. 1,692% increase in value since last sale

Current estimated payment $13,800/month

371 Days on Market

Highlights

  • 1 Acre Lot
  • Mountain View
  • No HOA
  • Black Mountain Elementary School Rated A-

About This Lot

As of August 2018

1 Acre lot surrounded by Million Dollar Homes. No HOA. Owner is a long-time local custom home builder who has already obtained the septic system permit and City of Scottsdale permit approval for a 2891 sq. ft. livable luxury custom home. Owner will build this home under separate contract. The appraisal for the new home on this lot is $950,000.00. This is a unique opportunity to move into a new custom home in an exclusive North Scottsdale community with substantial equity. Or...just buy the lot which includes the plans, the civil engineering and everything ready to go with the City. Check Documents for Floor Plans and SPDS.

Last Agent to Sell the Property

Gene Leach

DPR Realty LLC License #SA662220000 Listed on: 06/23/2017

DPR Realty LLC

Last Buyer's Agent

David Newman

Real Broker License #SA646345000

Real Broker

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,056

Lot Details

  • 1 Acre Lot
  • Property is zoned R1-43 ESL

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Big Sky Ranch Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 216-47-297

Property Details

Property Type

Land

Est. Annual Taxes

$1,056

Lot Details

0

Listing Details

  • Cross Street: Pima and Black Mountain Rd.
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R1-43 ESL
  • Tax Year: 2016
  • Directions: West from Pima on Black Mountain Rd. - 2nd lot West of 86th Pl. - Sign on property.
  • Lot Size Acres: 1.0
  • Road Surface Type: Asphalt
  • Subdivision Name: BIG SKY RANCH
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: Soil Test, Seller Prop Disc Stm, Appraisal, Boundary Survey Avlb, Development Pln Aval
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: 281.77'X154.59'
  • Lot Size Sq Ft: 43558.0
  • Additional Parcels: No
  • Parcel #: 216-47-297
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1056.0
  • Tax Book Number: 216.00
  • Tax Lot: 2
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2025
Sold by
Ocinvestments Llc
Bought by
Lynch Timothy and Lynch Elizabeth
Current Estimated Value
$2,509,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$2,238,483
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$270,546

Purchase Details

Closed on
Feb 15, 2019
Sold by
Crownlux Development Llc
Bought by
Ocinvestments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
4.4%
Mortgage Type
Small Business Administration

Purchase Details

Listed on
Jun 23, 2017
Closed on
Jul 25, 2018
Sold by
Leach Eugene B and Fabian Leach Paula
Bought by
Crownlux Development Llc
Seller's Agent
Gene Leach
DPR Realty LLC
Buyer's Agent
David Newman
Real Broker
List Price
$176,000
Sold Price
$140,000
Premium/Discount to List
-$36,000
-20.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.81%
Original Mortgage
$110,000
Interest Rate
4.5%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Nov 23, 2016
Sold by
Obata Taisei and Obata Sumie
Bought by
Leach Eugene B and Fabian Leach Paula

Purchase Details

Closed on
Feb 9, 2005
Sold by
Andersen Rick B
Bought by
Obata Taisei and Obata Sumie

Purchase Details

Closed on
Aug 5, 2004
Sold by
Andersen Rhonda Sue
Bought by
Andersen Rick B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
5.97%
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
Lynch Timothy $2,400,000 Equity Title Agency
Ocinvestments Llc -- Pioneer Title Agency Inc
Crownlux Development Llc $140,260 Lawyers Title Of Arizona Inc
Leach Eugene B $120,000 Security Title Agency Inc
Obata Taisei $310,000 North American Title Company
Andersen Rick B -- Transnation Title
Andersen Rick B $172,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Timothy $2,250,000
Previous Owner Ocinvestments Llc $940,000
Previous Owner Crownlux Development Llc $110,000
Previous Owner Andersen Rick B $154,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2018 08/15/18 Sold $140,000 -20.5% --
08/01/2018 08/01/18 For Sale $176,000 0.0% --
08/01/2018 08/01/18 Price Changed $176,000 0.0% --
07/02/2018 07/02/18 For Sale $176,000 0.0% --
07/02/2018 07/02/18 Price Changed $176,000 0.0% --
06/23/2017 06/23/17 For Sale $176,000 -- --
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 $5,976 $108,503 -- --
2024 $5,168 $103,336 -- --
2023 $5,168 $156,120 $31,220 $124,900
2022 $2,515 $63,910 $12,780 $51,130
2021 $1,189 $32,025 $32,025 $0
2020 $1,168 $32,130 $32,130 $0
2019 $1,133 $28,095 $28,095 $0
2018 $1,102 $26,880 $26,880 $0
2017 $1,061 $16,380 $16,380 $0
2016 $1,056 $18,930 $18,930 $0
2015 $1,065 $18,832 $18,832 $0
Source: Public Records

Agents Affiliated with this Home

  • Gene Leach

    Seller's Agent in 2018

    Gene Leach

    DPR Realty

    3 Total Sales

    Gene Leach
    Section Image
  • David Newman

    Buyer's Agent in 2018

    David Newman

    Real Broker

    (480) 544-3144

    2 in this area

    90 Total Sales

    David Newman
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5624044

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-47-297

Arizona Maricopa County Scottsdale 85266 Boulders

8567 E Black Mountain Rd Unit 2, Scottsdale, AZ

This home is located at 8567 E Black Mountain Rd Unit 2, Scottsdale, AZ 85266 since 23 June 2017 and is currently estimated at $2,509,029. 8567 E Black Mountain Rd Unit 2 is a home located in Maricopa County with nearby schools including Black 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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