NOT LISTED FOR SALE

8649 E Royal Palm Rd Unit 224 Scottsdale, AZ 85258

McCormick Ranch Neighborhood

Estimated Value: $346,205 - $378,000

2 Beds
2 Baths
1,000 Sq Ft
$252/mo HOA Fee

Last Sold July 01, 2016

Last sale price $165,000 $165 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,289/month

88 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Spanish Architecture
  • Cochise Elementary School Rated A
  • Clubhouse
  • End Unit

About This Home

As of July 2016

Adorable condo in the heart of McCormick Ranch in Scottsdale. This area is one of the most desirable areas to live with greenbelts, bike and walking paths, restaurants, post office, easy access to the 101 and so much more. This 2 bedroom, 2 bath property is an upstairs end unit with an upgraded kitchen. It has its own inside laundry and all appliances are included. The complex has lighted tennis courts, fitness center, pool and spa. The HOA just finished redoing all the roofs in the complex.

Last Agent to Sell the Property

Linda LeBlang

RE/MAX Fine Properties License #BR568338000 Listed on: 03/04/2016

RE/MAX Fine Properties

Last Buyer's Agent

Caitlin Bronsky

eXp Realty License #SA643873000

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $864

Year Built

  • Built in 1980

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Security System Owned

Kitchen

  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

  • Cochise Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Additional Features

  • Balcony
  • Unit is on the top floor

Listing and Financial Details

  • Tax Lot 208
  • Assessor Parcel Number 174-04-904-A

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, electricity, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Villa De Vallarta Association, Phone Number (480) 860-1122
  • Mccormick Ranch Association
  • Villa De Vallarta Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$864

Year Built

Built in 1980

Lot Details

0

HOA Fees

$252 per month

Listing Details

  • Cross Street: Hayden & Royal Palm
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: McCormick Ranch
  • HOA #2 Phone Number: 0000000000
  • HOA #2 Transfer Fee: 600.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 252.17
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2015
  • Directions: Go East on Royal Palm past 85th Way and take first driveway past office building. Drive to the back of the complex close to the tennis courts. Park in open space and unit is upstairs on end unit.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: Villa De Vallarta
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 235.0
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Full Bth Master Bdrm, Granite Counters
  • Living Area: 1000.0
  • Stories: 2
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Community Features:Community Spa: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req
  • Common Walls: 1 Common Wall, Neighbor Below, End Unit
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features:Assigned Parking: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management
  • Association #2 Fee: 206.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 235.0
  • Association Fee Frequency: Monthly
  • Association: McCormick Ranch
  • Association Name: Villa de Vallarta
  • Association Phone #2: 0000000000
  • Phone: 480-941-1077
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Villa de Vallarta
  • Association Fees:HOA Telephone4: 480-941-1077
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Phone: 480-860-1122
  • Association Fees:HOA Paid Frequency 2: Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Electric8: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Electricity, Maintenance Grounds, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Cochise Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1030.0
  • Parcel #: 174-04-904-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKNOWN

Tax Info

  • Tax Annual Amount: 864.0
  • Tax Book Number: 174.00
  • Tax Lot: 208
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Jun 21, 2016
Sold by
92 Royal Palm Llc
Bought by
Billingsley Megan
Seller's Agent
Linda LeBlang
RE/MAX Fine Properties
Buyer's Agent
Caitlin Bronsky
eXp Realty
List Price
$173,500
Sold Price
$165,000
Premium/Discount to List
-$8,500
-4.9%
Current Estimated Value
$363,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,801
Avg. Annual Appreciation
9.00%
Original Mortgage
$160,050
Outstanding Balance
$128,112
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$235,689

Purchase Details

Closed on
Jul 31, 2014
Sold by
Gee Margaret and Lai Margaret
Bought by
92 Royal Palm Llc

Purchase Details

Listed on
Jul 20, 2013
Closed on
Nov 11, 2013
Sold by
Livernois John M
Bought by
Lai Margaret
Seller's Agent
Paul Hyllested
Long Realty Uptown
Buyer's Agent
Marja Davis
HomeSmart
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%

Purchase Details

Listed on
Jul 6, 2012
Closed on
Dec 13, 2012
Sold by
Ez Homes Inc
Bought by
Livernois John M
Seller's Agent
Lindsey Darling
Phoenician Properties Realty
Buyer's Agent
Randy Eihausen
Long Realty Uptown
List Price
$159,900
Sold Price
$129,000
Premium/Discount to List
-$30,900
-19.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%
Original Mortgage
$122,550
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2012
Closed on
May 22, 2012
Sold by
The Bank Of New York Mellon
Bought by
Ez Homes Llc
Seller's Agent
Kim Panozzo
HomeSmart
Buyer's Agent
Jennifer Weinbrenner
My Home Group Real Estate
List Price
$109,900
Sold Price
$102,500
Premium/Discount to List
-$7,400
-6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.91%
Original Mortgage
$85,000
Interest Rate
3.79%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 13, 2012
Sold by
Arikat Hosam and Mortgage Electronic Registrati
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 27, 2006
Sold by
Shinohara Elizabeth
Bought by
Arikat Hosam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 25, 2002
Sold by
Haj Samir
Bought by
Shinohara Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1995
Sold by
Henry Glen F and Henry Karen R
Bought by
Haj Samir
Source: Public Records

Range of Values:

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Average Value
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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
Billingsley Megan -- Great American Title Agency
92 Royal Palm Llc -- None Available
Lai Margaret $145,000 Security Title Agency
Livernois John M $129,000 Long Title Agency Llc
Ez Homes Llc $102,500 Fidelity Natl Title Agency I
The Bank Of New York Mellon $125,550 None Available
Arikat Hosam $250,000 Magnus Title Agency
Shinohara Elizabeth $115,000 Chicago Title Insurance Co
Haj Samir $77,500 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billingsley Megan $160,050
Previous Owner Livernois John M $122,550
Previous Owner Arbitrage Property Ventures Llc $85,000
Previous Owner Arikat Hosam $80,000
Previous Owner Arikat Hosam $225,000
Previous Owner Shinohara Elizabeth $180,000
Previous Owner Shinohara Elizabeth $94,800
Previous Owner Shinohara Elizabeth $84,000
Previous Owner Henry Glen F $42,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $165,000 0.0% $165 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/16/2016 05/16/16 Price Changed $165,000 -2.9% $165 / Sq Ft
03/21/2016 03/21/16 Price Changed $170,000 -2.0% $170 / Sq Ft
03/04/2016 03/04/16 For Sale $173,500 0.0% $174 / Sq Ft
03/20/2015 03/20/15 Rented $1,000 0.0% --
03/09/2015 03/09/15 Under Contract -- -- --
03/02/2015 03/02/15 For Rent $1,000 0.0% --
02/15/2014 02/15/14 Rented $1,000 0.0% --
01/28/2014 01/28/14 Under Contract -- -- --
01/17/2014 01/17/14 For Rent $1,000 0.0% --
11/14/2013 11/14/13 Sold $145,000 -9.3% $145 / Sq Ft
10/22/2013 10/22/13 Pending -- -- --
07/20/2013 07/20/13 For Sale $159,900 +24.0% $160 / Sq Ft
12/17/2012 12/17/12 Sold $129,000 -4.4% $129 / Sq Ft
11/15/2012 11/15/12 Pending -- -- --
09/24/2012 09/24/12 Price Changed $134,900 -3.6% $135 / Sq Ft
09/11/2012 09/11/12 Price Changed $139,900 -3.5% $140 / Sq Ft
08/24/2012 08/24/12 Price Changed $144,900 -2.0% $145 / Sq Ft
08/16/2012 08/16/12 Price Changed $147,900 -1.3% $148 / Sq Ft
07/23/2012 07/23/12 Price Changed $149,900 -3.2% $150 / Sq Ft
07/19/2012 07/19/12 Price Changed $154,900 -3.1% $155 / Sq Ft
07/06/2012 07/06/12 For Sale $159,900 +56.0% $160 / Sq Ft
05/29/2012 05/29/12 Sold $102,500 -3.2% $103 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
05/09/2012 05/09/12 Price Changed $105,900 -3.6% $106 / Sq Ft
04/16/2012 04/16/12 For Sale $109,900 -- $110 / 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 $707 $15,478 -- --
2024 $864 $14,741 -- --
2023 $864 $22,960 $4,590 $18,370
2022 $822 $16,910 $3,380 $13,530
2021 $892 $14,810 $2,960 $11,850
2020 $884 $13,420 $2,680 $10,740
2019 $857 $12,920 $2,580 $10,340
2018 $837 $11,680 $2,330 $9,350
2017 $790 $11,030 $2,200 $8,830
2016 $908 $11,130 $2,220 $8,910
2015 $864 $11,280 $2,250 $9,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5408555

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-04-904A