NOT LISTED FOR SALE

8703 E Overlook Dr Unit 43 Scottsdale, AZ 85255

Grayhawk Neighborhood

Estimated Value: $3,061,000 - $4,595,000

0.81 Acre
$4,522,968 Price per Acre
35,284 Sq Ft Lot

Last Sold February 18, 2016

Last sale price $710,000 $20 Per Sq Ft

Est. 416% increase in value since last sale

Current estimated payment $20,412/month

1,358 Days on Market

Highlights

  • On Golf Course
  • Gated with Attendant
  • Mountain View
  • Grayhawk Elementary School Rated A
  • 0.81 Acre Lot
  • Level Lot

About This Lot

As of February 2016

This spectacular homesite is located on the Raptor Golf Course in guard gated Grayhawk. Serenity with unencumbered views. Enjoy CamelbackMountain and the lights of Scottsdale and Phoenix to the south and southwest and the McDowell Mountains to the east. With prestigious homes and easy access to the freeway, shopping and dining, this is the place to build your dream home. Plans are available.

Last Agent to Sell the Property

Paul Johnson

Russ Lyon Sotheby's International Realty License #SA560356000 Listed on: 04/17/2012

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Perry Bergelt

Arizona Luxury Real Estate License #BR520340000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,863

Lot Details

  • 0.81 Acre Lot
  • On Golf Course
  • Level Lot
  • Property is zoned R43

Interior Spaces

  • 35,269 Sq Ft Home
  • Mountain Views

Schools

  • Grayhawk Elementary School
  • Mountain Trail Middle School
  • Pinnacle High School

Community Details

Recreation

  • Golf Course Community

Additional Features

  • $8,982 per year Dock Fee
  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$11,863

Lot Details

0

Listing Details

  • Tax Municipality: Scottsdale
  • Cross Street: Grayhawk Drive and Thompson Peak Pkwy
  • Legal Info Lot Number: 43
  • Roads Streets: Asphalt, Private Street
  • Property Type: C
  • Estimated Deeded Fee Acres: 0.81
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 0.81
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 977.00
  • Displayon Public Websites: Y
  • Elevation: 1,001 - 2,000 Ft
  • Existing Land Use: Residential Lot
  • Freeway Highway: Up To 1 Mile
  • Hndrd Blk Directionl: E
  • Hundred Block: 8700
  • Land Features: Gated Community, Golf Course Lot, Golf Course Subd, Guarded Entry, Mountain View(s)
  • Marketing Name: Grayhawk
  • Parcel Size: .50 - .99 Acres
  • Potential Use: Single Family
  • Price Per Acre: 986419.75
  • Price Per Sq Ft: 22.65
  • Topography: Level
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: R43
  • Map Code Grid: K37
  • Tax Year: 2011
  • Directions: Through the north guard gate on Grayhawk Dr. to 81st St (Serenity). Right to Overlook Dr. and proceed to the property at the end of the street.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 35269.00

Exterior Features

  • Lot Number: 43

Utilities

  • Water: City Franchise
  • Electric: Aps
  • Gas: Sw Gas

Condo/Co-op/Association

  • Annual HOA Fees: 414.00
  • HOA Paid Frequency: Quarterly

Schools

  • Elementary School: Grayhawk Elementary School
  • Middle School: Mountain Trail Middle School
  • High School: Pinnacle High School
  • Elementary School: Grayhawk Elementary School
  • High School: Pinnacle High School
  • Jr High School: Mountain Trail Middle School

Lot Info

  • Lot Size: irr

Tax Info

  • Taxes: 8981.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2022
Sold by
Clark Family Trust
Bought by
Clark John Michael
Current Estimated Value
$3,663,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,120
Outstanding Balance
$816,593
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$2,574,875

Purchase Details

Closed on
May 20, 2016
Sold by
Clark John
Bought by
The Clark Family Trust

Purchase Details

Closed on
May 19, 2016
Sold by
Clark Kendra and Clark John
Bought by
Clark John

Purchase Details

Listed on
Apr 17, 2012
Closed on
Feb 17, 2016
Sold by
Clark Kendra and Clark John
Bought by
Clark John
Seller's Agent
Paul Johnson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Perry Bergelt
Arizona Luxury Real Estate
List Price
$1,200,000
Sold Price
$710,000
Premium/Discount to List
-$490,000
-40.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.65%

Purchase Details

Listed on
Apr 17, 2012
Closed on
Feb 7, 2016
Sold by
Johnson Robert D
Bought by
Clark John
Seller's Agent
Paul Johnson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Perry Bergelt
Arizona Luxury Real Estate
List Price
$1,200,000
Sold Price
$710,000
Premium/Discount to List
-$490,000
-40.83%

Purchase Details

Closed on
Nov 2, 2007
Sold by
Johnson Robert
Bought by
Johnson Robert D

Purchase Details

Closed on
May 29, 2007
Sold by
4737 E Cholla Llc
Bought by
Johnson Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,699,000
Interest Rate
6.11%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 28, 2006
Sold by
Rodriguez James
Bought by
4737 E Cholla Llc

Purchase Details

Closed on
Jun 21, 2002
Sold by
Grayhawk Residential Inc
Bought by
Rodriguez James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.86%
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
Clark John Michael -- American Title Services
The Clark Family Trust -- Title365 Agency
Clark John -- Accommodation
Clark John -- Title365 Agency
Clark John $710,000 Title365 Agency
Johnson Robert D -- None Available
Johnson Robert $1,200,000 The Talon Group Tatum Garden
4737 E Cholla Llc -- None Available
Rodriguez James $325,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark John Michael $864,120
Previous Owner Rodriguez James $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2016 02/18/16 Sold $710,000 -40.8% $20 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
04/17/2012 04/17/12 For Sale $1,200,000 -- $34 / 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 $11,863 $133,885 -- --
2024 $11,690 $127,509 -- --
2023 $11,690 $218,710 $43,740 $174,970
2022 $11,522 $184,880 $36,970 $147,910
2021 $11,731 $167,950 $33,590 $134,360
2020 $11,402 $149,860 $29,970 $119,890
2019 $6,278 $141,075 $141,075 $0
2018 $6,107 $123,735 $123,735 $0
2017 $5,839 $112,155 $112,155 $0
2016 $5,774 $106,170 $106,170 $0
2015 $5,869 $93,296 $93,296 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Paul Johnson

    Russ Lyon Sotheby's International Realty

    Section Image
  • Perry Bergelt

    Buyer's Agent in 2016

    Perry Bergelt

    Arizona Luxury Real Estate

    (480) 272-3000

    5 in this area

    40 Total Sales

    Perry Bergelt
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4746095

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-31-977

Arizona Maricopa County Scottsdale 85255 Grayhawk

8703 E Overlook Dr Unit 43, Scottsdale, AZ

This home is located at 8703 E Overlook Dr Unit 43, Scottsdale, AZ 85255 since 17 April 2012 and is currently estimated at $3,663,604, approximately $103 per square foot. 8703 E Overlook Dr Unit 43 is a home located in Maricopa County with nearby schools including Grayhawk 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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