NOT LISTED FOR SALE

8695 E Old Field Rd Unit 88 Scottsdale, AZ 85266

Whisper Rock Neighborhood

Estimated Value: $2,923,000 - $5,312,000

2.77 Acres
$1,485,418 Price per Acre
120,661 Sq Ft Lot

Last Sold September 28, 2020

Last sale price $625,000

Est. 558% increase in value since last sale

Current estimated payment $23,280/month

217 Days on Market

Highlights

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

About This Lot

As of September 2020

Nearly 3 acres of pristine Sonoran desert located in the guard-gated community of Whisper Rock Estates * North/South exposure provides the ideal solar orientation * Views of Pinnacle Peak, Lone Mountain and sunsets make for one of the best sites in the neighborhood * Over 30,000 square feet of buildable space allows for an estate-sized custom home * On-site amenities include full-time residential services coordinator, fitness facility, locker rooms, heated pool and jacuzzi, sport courts and large park *

Last Agent to Sell the Property

Will Foote

Russ Lyon Sotheby's International Realty License #SA561829000 Listed on: 01/14/2020

Russ Lyon Sotheby's International Realty

Co-Listed By

Jay Pennypacker

The Noble Agency License #SA629903000

Last Buyer's Agent

Dianna Brader

HomeSmart License #SA529151000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,553

Lot Details

  • 2.77 Acre Lot
  • Property is zoned R1

HOA Fees

  • $500 Monthly HOA Fees

Schools

  • Lone Mountain Elementary School
  • Sonoran Trails Middle 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 88
  • Assessor Parcel Number 216-52-123

Community Details

Overview

  • Wreca Association, Phone Number (480) 575-6306
  • Whisper Rock Unit 3 Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$2,553

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Cross Street: Scottsdale Road and Lone Mountain Road
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: R1
  • Tax Year: 2019
  • Directions: East on Lone Mountain Road off Scottsdale Road, North on Hayden Road to Gate House OR West on Lone Mountain Road off Pima Road, North on Hayden Road to Gate House.
  • Horses: No
  • Lot Size Acres: 2.77
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: WHISPER ROCK UNIT 3
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

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

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1500.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-575-6306
  • Association Fee: 1500.0
  • Association Fee Frequency: Quarterly
  • Association Name: WRECA
  • Phone: 480-575-6306
  • Association: Yes

Schools

  • Elementary School: Lone Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 120655.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 216-52-123
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2553.0
  • Tax Book Number: 216.00
  • Tax Lot: 88
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2021
Sold by
Genrich Timothy Walter and The Timothy Walter Genrich Liv
Bought by
Genrich Timothy Walter and The Timothy Walter Genrich Liv
Current Estimated Value
$4,114,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,650,000
Outstanding Balance
$2,401,562
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,713,046

Purchase Details

Listed on
Jan 14, 2020
Closed on
Sep 23, 2020
Sold by
Sds Investments Llc
Bought by
Genrich Timothy Walter
Seller's Agent
Will Foote
Russ Lyon Sotheby's International Realty
Buyer's Agent
Dianna Brader
HomeSmart
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.78%

Purchase Details

Closed on
May 26, 2011
Sold by
Kipper David H
Bought by
Sds Investments Llc

Purchase Details

Closed on
Sep 16, 2005
Sold by
Kipper Sondra L
Bought by
Kipper David H

Purchase Details

Closed on
Sep 12, 2005
Sold by
Whisper Rock Estates Llc
Bought by
Kipper David H
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
Genrich Timothy Walter -- First Arizona Title Agency
Genrich Timothy Walter $625,000 Pioneer Title Agency Inc
Sds Investments Llc -- None Available
Sds Investments Llc -- None Available
Kipper David H -- Security Title Agency Inc
Kipper David H $875,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genrich Timothy Walter $2,650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $625,000 -3.8% --
08/18/2020 08/18/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $650,000 -- --
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 $10,546 $191,495 -- --
2024 $6,962 $182,376 -- --
2023 $6,962 $210,330 $42,060 $168,270
2022 $2,468 $63,375 $63,375 $0
2021 $2,680 $64,065 $64,065 $0
2020 $2,632 $53,100 $53,100 $0
2019 $2,553 $47,655 $47,655 $0
2018 $2,483 $47,700 $47,700 $0
2017 $2,391 $47,220 $47,220 $0
2016 $2,381 $55,920 $55,920 $0
2015 $2,402 $67,312 $67,312 $0
Source: Public Records

Agents Affiliated with this Home

  • Will Foote

    Seller's Agent in 2020

    Will Foote

    Russ Lyon Sotheby's International Realty

    (480) 242-2483

    65 in this area

    154 Total Sales

    Will Foote
    Section Image
  • Jay Pennypacker

    Seller Co-Listing Agent in 2020

    Jay Pennypacker

    The Noble Agency

    (602) 570-3962

    15 in this area

    128 Total Sales

    Jay Pennypacker
    Section Image
  • Dianna Brader

    Buyer's Agent in 2020

    Dianna Brader

    HomeSmart

    (602) 402-3193

    7 Total Sales

    Dianna Brader
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6023612

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-52-123

Arizona Maricopa County Scottsdale 85266 Whisper Rock

8695 E Old Field Rd Unit 88, Scottsdale, AZ

This home is located at 8695 E Old Field Rd Unit 88, Scottsdale, AZ 85266 since 14 January 2020 and is currently estimated at $4,114,608. 8695 E Old Field Rd Unit 88 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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