NOT LISTED FOR SALE

8602 E Tether Trail Scottsdale, AZ 85255

Pinnacle Peak Neighborhood

Estimated Value: $2,003,000 - $2,222,000

5 Beds
4.5 Baths
4,278 Sq Ft
$490/Sq Ft Est. Value

Last Sold February 11, 2015

Last sale price $1,195,000 $279 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $11,694/month

5 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Wood Flooring
  • Pinnacle Peak Elementary School Rated A
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of February 2015

Incredibly remodeled by Modern Group, this single-level ranch style home will be the envy of the neighborhood. Redone from top to bottom, the interior features include a new island kitchen with dual-toned cabinetry and lantern chandeliers, a great room with gas fireplace and media center, a wet bar with service window, and a formal living and dining room with three sliders to the covered patio and orb chandelier. A very large master retreat offers a white spa bath including walk-in shower, dual vanities, free-standing tub and XL closet, and four spacious bedrooms suites with private baths. The north-facing backyard offers a spacious covered patio, built-in BBQ, pavered seating areas, pool and fire pit.

Last Agent to Sell the Property

Monica Monson

The Noble Agency License #BR535076000 Listed on: 01/27/2015

Co-Listed By

Ashlyn Rowe

Rowe & DeVries Real Estate Services, LLC License #SA643067000

Last Buyer's Agent

Steve Sundquist

HomeSmart License #SA546655000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,470

Year Built

  • Built in 1996

Lot Details

  • 1.12 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 1 Open Parking Space
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,278 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Solar Screens
  • Family Room with Fireplace
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps

Pool

  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

  • Pinnacle Peak Preparatory Elementary School
  • Mountain Trail Middle School
  • Pinnacle High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 38
  • Assessor Parcel Number 212-08-164

Community Details

Overview

  • Association fees include ground maintenance
  • Corner Stone Prop Association, Phone Number (602) 433-0331
  • Built by Monterey
  • Happy Valley Ranch Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,470

Year Built

Built in 1996

Lot Details

0

HOA Fees

$40 per month

Parking

3

Listing Details

  • Cross Street: Pima & Happy Valley
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 39.92
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2014
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2014
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1996
  • Tax Year: 2014
  • Directions: North on Pima from Happy Valley to Tether Trail. West on Tether Trail to home at the end of street on right.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.12
  • Co List Office Mls Id: lyon06
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: Happy Valley Ranch
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 239.53
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4278.0
  • Stories: 1
  • Window Features: Solar Screens
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Playground, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: Fenced, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 239.53
  • Association Fee Frequency: Semi-Annually
  • Association Name: Corner Stone Prop
  • Phone: 602-433-0331
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Corner Stone Prop
  • Association Fees:HOA Telephone4: 602-433-0331
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Pinnacle Peak Preparatory
  • High School: Pinnacle High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Mountain Trail Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 48784.0
  • Parcel #: 212-08-164

Building Info

  • Builder Name: Monterey

Tax Info

  • Tax Annual Amount: 6470.0
  • Tax Book Number: 212.00
  • Tax Lot: 38
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Schultz Susan Kay
Bought by
Susankay Schultz Family Trust and Schultz
Current Estimated Value
$2,094,103

Purchase Details

Listed on
Jan 27, 2015
Closed on
Feb 2, 2015
Sold by
Jtmg Properties Llc
Bought by
Schultz Susan Kay
Seller's Agent
Monica Monson
The Noble Agency
Buyer's Agent
Steve Sundquist
HomeSmart
List Price
$1,299,000
Sold Price
$1,195,000
Premium/Discount to List
-$104,000
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%

Purchase Details

Listed on
May 30, 2014
Closed on
Jun 10, 2014
Sold by
Huston John Thomas and Huston Maria Margaret
Bought by
Jtmg Properties Llc
Seller's Agent
Monica Monson
The Noble Agency
Buyer's Agent
Monica Monson
The Noble Agency
List Price
$729,000
Sold Price
$675,000
Premium/Discount to List
-$54,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
140.79%
Original Mortgage
$675,000
Interest Rate
4.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 12, 2010
Sold by
Citi Mortgage Inc
Bought by
Huston John Thomas and Huston Maria Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2010
Sold by
Mach Garret and Mach Jeanne
Bought by
Citi Mortgage Inc

Purchase Details

Closed on
Mar 5, 2007
Sold by
Mach Garret and Mach Jeanne
Bought by
Mach Garret J and Mach Jeanne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2005
Sold by
Mach Garret
Bought by
Mach Garret and Mach Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$797,600
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 1, 2003
Sold by
Cohen Barbara A
Bought by
Cohen Barbara A and The Barbara A Cohen Estates Trust

Purchase Details

Closed on
Sep 5, 2001
Sold by
Scholl Richard A and Scholl Lana Bonae
Bought by
Cohen Steven and Cohen Barbara

Purchase Details

Closed on
Jan 12, 1999
Sold by
Scholl Richard A and Scholl Lana Bonae
Bought by
Scholl Richard A and Scholl Lana Bonae

Purchase Details

Closed on
Jul 17, 1996
Sold by
Monterey Homes Corp
Bought by
Scholl Richard A and Scholl Lana Bonae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,900
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 1996
Sold by
Monterey Management Inc
Bought by
Monterey Homes Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,900
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1995
Sold by
Scotlot Associates
Bought by
Monterey Management Inc
Source: Public Records

Range of Values:

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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
Susankay Schultz Family Trust -- None Listed On Document
Schultz Susan Kay $1,195,000 First American Title Ins Co
Jtmg Properties Llc $675,000 Fidelity National Title Agen
Huston John Thomas $554,250 Great American Title Agency
Citi Mortgage Inc $600,000 None Available
Mach Garret J -- None Available
Mach Garret -- Chicago Title Insurance Co
Mach Garret -- Chicago Title Insurance Co
Mach Garret $997,000 Chicago Title Insurance Co
Cohen Barbara A -- --
Cohen Steven $682,000 Capital Title Agency
Scholl Richard A -- --
Scholl Richard A $519,929 First American Title
Monterey Homes Corp -- First American Title
Monterey Management Inc $166,154 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huston John Thomas $417,000
Previous Owner Mach Garret J $835,000
Previous Owner Mach Garret $797,600
Previous Owner Scholl Richard A $415,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2015 02/11/15 Sold $1,195,000 -8.0% $279 / Sq Ft
02/01/2015 02/01/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $1,299,000 +92.4% $304 / Sq Ft
06/20/2014 06/20/14 Sold $675,000 -7.4% $158 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $729,000 -- $170 / 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 $6,607 $92,324 -- --
2024 $7,461 $87,928 -- --
2023 $7,461 $115,760 $23,150 $92,610
2022 $7,345 $85,160 $17,030 $68,130
2021 $7,489 $81,130 $16,220 $64,910
2020 $7,263 $77,060 $15,410 $61,650
2019 $7,319 $72,700 $14,540 $58,160
2018 $7,103 $72,130 $14,420 $57,710
2017 $6,765 $71,300 $14,260 $57,040
2016 $6,683 $67,370 $13,470 $53,900
2015 $6,341 $64,850 $12,970 $51,880
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Monica Monson

    The Noble Agency

    (480) 250-0848

    2 in this area

    103 Total Sales

    Monica Monson
    Section Image

  • A

    Seller Co-Listing Agent in 2015

    Ashlyn Rowe

    Rowe & DeVries Real Estate Services, LLC

  • S

    Buyer's Agent in 2015

    Steve Sundquist

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5228201

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-08-164

Arizona Maricopa County Scottsdale 85255 Pinnacle Peak

8602 E Tether Trail, Scottsdale, AZ

This home is located at 8602 E Tether Trail, Scottsdale, AZ 85255 since 27 January 2015 and is currently estimated at $2,094,103, approximately $489 per square foot. This property was built in 1996. 8602 E Tether Trail is a home located in Maricopa County with nearby schools including Pinnacle Peak Elementary School, Pinnacle High School, and Mountain Trail 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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