NOT LISTED FOR SALE

8704 E Old Field Rd Unit 92 Scottsdale, AZ 85266

Whisper Rock Neighborhood

Estimated Value: $3,280,000 - $4,208,000

2.68 Acres
$1,367,288 Price per Acre
116,741 Sq Ft Lot

Last Sold September 20, 2018

Last sale price $355,000

Est. 932% increase in value since last sale

Current estimated payment $20,646/month

1,628 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Mountain View
  • Lone Mountain Elementary School Rated A-
  • 2.68 Acre Lot
  • Corner Lot

About This Lot

As of September 2018

Private, 2.5 acre estate-sized home site in the guard-gated community of WR Estates * More than 38,000 square feet of buildable area allows an array of design possibilities * Sunsets, distant mountain views and plenty of elbow room set this lot apart * On-site community amenities include full-time lifestyle director, state-of-the-art fitness facility, heated pool & spa, locker rooms, tennis courts and 3-acre private park *

Last Agent to Sell the Property

Will Foote

Russ Lyon Sotheby's International Realty License #SA561829000 Listed on: 02/25/2014

Russ Lyon Sotheby's International Realty

Co-Listed By

Jay Pennypacker

The Noble Agency License #SA629903000

Last Buyer's Agent

Kenneth Johnson

Keller Williams Realty Sonoran Living License #SA672444000

Keller Williams Realty Sonoran Living

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,310

Lot Details

  • 2.68 Acre Lot
  • Corner Lot

HOA Fees

  • $467 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 92
  • Assessor Parcel Number 216-52-127

Community Details

Overview

  • Wreca Association, Phone Number (480) 575-5555
  • Whisper Rock Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$2,310

Lot Details

0

HOA Fees

$467 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: res
  • Tax Year: 2017
  • 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: 2.68
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: Whisper Rock
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

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

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1400.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-575-5555
  • Association Fee: 1400.0
  • Association Fee Frequency: Quarterly
  • Association Name: WRECA
  • Phone: 480-575-5555
  • 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: 116760.0
  • Additional Parcels: No
  • Parcel #: 216-52-127
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2310.0
  • Tax Book Number: 216.00
  • Tax Lot: 92
  • Tax Map Number: 52.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Cogan David T and Cogan Sara T
Bought by
Cogan David T and Cogan Sara T
Current Estimated Value
$3,664,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
2.6%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Jan 7, 2020
Sold by
Cogan David T and Cogan Sara T
Bought by
David T Cogan And Sara T Cogan Trust and Cogan

Purchase Details

Listed on
Feb 25, 2014
Closed on
Sep 12, 2018
Sold by
Schnepf Margaret Ann
Bought by
Cogan David Timothy and Cogan Sara Theal
Seller's Agent
Will Foote
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kenneth Johnson
Keller Williams Realty Sonoran Living
List Price
$550,000
Sold Price
$355,000
Premium/Discount to List
-$195,000
-35.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.25%
Original Mortgage
$284,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2004
Sold by
Whisper Rock Estates Llc
Bought by
Schnepf Darel W and Schnepf Margaret Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,000
Interest Rate
5.72%
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
Cogan David T -- Pioneer Title Agency Inc
David T Cogan And Sara T Cogan Trust -- None Listed On Document
Cogan David T -- None Available
Cogan David Timothy $355,000 Infinity Title Agency Llc
Schnepf Darel W $560,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cogan David T $1,960,000
Previous Owner Cogan David Timothy $284,000
Previous Owner Schnepf Darel W $808,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2018 09/20/18 Sold $355,000 -35.5% --
08/10/2018 08/10/18 Pending -- -- --
02/24/2014 02/24/14 For Sale $550,000 -- --
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 $8,095 $146,984 -- --
2024 $5,616 $139,985 -- --
2023 $5,616 $169,670 $33,930 $135,740
2022 $2,384 $66,675 $66,675 $0
2021 $2,589 $65,955 $65,955 $0
2020 $2,543 $55,620 $55,620 $0
2019 $2,467 $49,410 $49,410 $0
2018 $2,399 $46,830 $46,830 $0
2017 $2,310 $46,290 $46,290 $0
2016 $2,300 $54,765 $54,765 $0
2015 $2,320 $65,888 $65,888 $0
Source: Public Records

Agents Affiliated with this Home

  • Will Foote

    Seller's Agent in 2018

    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 2018

    Jay Pennypacker

    The Noble Agency

    (602) 570-3962

    15 in this area

    128 Total Sales

    Jay Pennypacker
    Section Image
  • Kenneth Johnson

    Buyer's Agent in 2018

    Kenneth Johnson

    Keller Williams Realty Sonoran Living

    (602) 618-1221

    26 Total Sales

    Kenneth Johnson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5075136

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-52-127

Arizona Maricopa County Scottsdale 85266 Whisper Rock

8704 E Old Field Rd Unit 92, Scottsdale, AZ

This home is located at 8704 E Old Field Rd Unit 92, Scottsdale, AZ 85266 since 25 February 2014 and is currently estimated at $3,664,333. 8704 E Old Field Rd Unit 92 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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