NOT LISTED FOR SALE

8627 E Arroyo Seco Rd Unit 28 Scottsdale, AZ 85266

Boulders Neighborhood

Estimated Value: $1,812,000 - $1,949,467

0.64 Acre
$2,957,534 Price per Acre
27,878 Sq Ft Lot

Last Sold March 31, 2014

Last sale price $170,000

Est. 1,013% increase in value since last sale

Current estimated payment $10,379/month

488 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Cul-De-Sac
  • Black Mountain Elementary School Rated A-
  • No HOA

About This Lot

As of March 2014

Best remaining lot in the gated, custom home community of Desert Springs. This lot is located on an interior culdesac with a south back exposure and has all utilities. New homes are going up all through this quiet neighborhood and this one should be an easy decision for your client. This lot has the largest building envelope in the subdivision(22,450sf) and will accomodate a large home with room left over for a nice yard/pool. All surrounding lots are built so no surprises!

Last Agent to Sell the Property

Darren Tackett

eXp Realty License #SA504490000 Listed on: 10/05/2012

eXp Realty

Last Buyer's Agent

Bill Schmidt

HomeSmart License #SA644342000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,861

Lot Details

  • 0.64 Acre Lot
  • Cul-De-Sac

Additional Features

  • Mountain Views
  • North or South Exposure

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 216-34-154

Community Details

Overview

  • No Home Owners Association
  • Desert Springs Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,861

Lot Details

0

Listing Details

  • Cross Street: Pima and Lone Mountain
  • Property Type: Land
  • Zoning: res
  • Tax Year: 2012
  • Directions: North on Pima to Hawknest, to 87th St, South thru gate to Arroyo Seco. West to lot in cul-de-sac.
  • Lot Size Acres: 0.64
  • Road Surface Type: Asphalt
  • Subdivision Name: Desert Springs
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Mountain View(s), Gated Community, North/South Exp
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 27822.0
  • Additional Parcels: No
  • Parcel #: 216-34-154
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2861.0
  • Tax Book Number: 216.00
  • Tax Lot: 28
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2016
Sold by
New Life Assets Inc
Bought by
Victory Linda
Current Estimated Value
$1,892,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$561,979
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$1,330,843

Purchase Details

Closed on
Aug 3, 2015
Sold by
Declaratio Zorn Mark H and Declaratio Geraldine Rose Zorn
Bought by
New Life Assets Inc

Purchase Details

Closed on
Jun 23, 2015
Sold by
Zorn Mark H
Bought by
Zorn Mark H and Geraldine Rose Zorn Declaration Of Trust

Purchase Details

Listed on
Oct 5, 2012
Closed on
Mar 25, 2014
Sold by
Conrad Peter and Conrad Christina
Bought by
Zorn Geraldine R
Seller's Agent
Darren Tackett
eXp Realty
Buyer's Agent
Bill Schmidt
HomeSmart
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.27%

Purchase Details

Closed on
Apr 16, 2007
Sold by
K Hovnanian Great Western Homes Llc
Bought by
K Hovnanian Great Western Building Co

Purchase Details

Closed on
Feb 27, 2004
Sold by
Millenium Development Corp
Bought by
Conrad Peter and Conrad Christina

Purchase Details

Closed on
Aug 27, 2003
Sold by
Elias Dennis Charles and Pollock Ann Louise
Bought by
Elias Dennis Charles and Pollock Ann Louise

Purchase Details

Closed on
Jul 9, 2002
Sold by
Boyse Brigitta D
Bought by
Boyse Colin G
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
Victory Linda $1,085,000 U S Title Agency Llc
New Life Assets Inc -- None Available
Zorn Mark H -- None Available
Zorn Geraldine R $170,000 Fidelity National Title Agen
K Hovnanian Great Western Building Co -- Security Title Agency
Conrad Peter $155,000 Tsa Title Agency
Elias Dennis Charles -- Lawyers Title Insurance Corp
Boyse Colin G -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Victory Linda $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2014 03/31/14 Sold $170,000 -15.0% --
02/05/2014 02/05/14 Pending -- -- --
10/05/2012 10/05/12 For Sale $199,900 -- --
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 $3,658 $78,353 -- --
2024 $3,533 $74,622 -- --
2023 $3,533 $120,700 $24,140 $96,560
2022 $3,392 $96,350 $19,270 $77,080
2021 $3,768 $90,060 $18,010 $72,050
2020 $3,707 $86,060 $17,210 $68,850
2019 $3,589 $85,210 $17,040 $68,170
2018 $3,483 $78,900 $15,780 $63,120
2017 $3,340 $70,710 $14,140 $56,570
2016 $877 $18,435 $18,435 $0
2015 $885 $18,752 $18,752 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4829891

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-34-154