NOT LISTED FOR SALE

Estimated Value: $2,128,000 - $3,056,000

1.29 Acres
$2,033,182 Price per Acre
56,192 Sq Ft Lot

Last Sold February 11, 2013

Last sale price $170,000 $3 Per Sq Ft

Est. 1,443% increase in value since last sale

Current estimated payment $15,226/month

653 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Cul-De-Sac
  • Sonoran Trails Middle School Rated A-

About This Lot

As of February 2013

NOW OPEN TO ALL CUSTOM HOME BUILDERS! BUY & HOLD OR BUILD NOW!!The Pinnacle Is the Place To Live...Nestled in the shadows of the Pinnacle Peak Mountains is the upscale gated community of Pinnacle Peak Place. It is a private community of estate sized lots with mountain vistas that are minutes away from numerous golf courses,upscale shopping,excellent schools and easy access to the 101 Freeway. This is an exceptional offering of ''One Of A Kind'' properties with views, security, and tranquil surroundings. Don't miss this opportunity to become a resident of the exclusive North Scottsdale area. SELLER FINANCING AVAILABLE!!

Last Agent to Sell the Property

Paul Sexson

Russ Lyon Sotheby's International Realty License #BR108958000 Listed on: 01/27/2010

Co-Listed By

Dave Pattison

Russ Lyon Sotheby's International Realty License #SA553895000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,033

Year Built

  • 2013

Lot Details

  • 1.29 Acre Lot
  • Cul-De-Sac
  • Property is zoned R1-43

Interior Spaces

  • 55,347 Sq Ft Home
  • Mountain Views

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Community Details

  • $3,277 per year Dock Fee
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,033

Year Built

2013

Lot Details

0

Listing Details

  • Cross Street: Pima & Happy Valley
  • Legal Info Lot Number: 65
  • Legal Info Range: 5E
  • Legal Info Section: 6
  • Legal Info Township: 4N
  • Roads Streets: Asphalt
  • Property Type: C
  • Estimated Deeded Fee Acres: 1.29
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 1.29
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 470.00
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Lot
  • Hundred Block: 26500
  • Land Features: Cul-De-Sac, Gated Community, Mountain View(s)
  • Legal Description Abbrev: PINNACLE PEAK PLACE
  • Marketing Name: Pinnacle Peak Place
  • Parcel Size: 1.00 - 2.49 Acres
  • Potential Use: Single Family
  • Price Per Acre: 135658.91
  • Price Per Sq Ft: 3.16
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: R1-43
  • Map Code Grid: J38
  • Tax Year: 2009
  • Directions: Pima and Happy Valley Road North to Desert Highlands Dr. on right. East to Gates on North and South Side.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2013

Interior Features

  • Estimated Sq Ft: 55347.00

Exterior Features

  • Lot Number: 65

Utilities

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

Condo/Co-op/Association

  • Association Info: Owner Association
  • Association Info HOA: Y

Schools

  • Elementary School: Desert Sun Academy
  • Middle School: Sonoran Trails Middle School
  • High School: Cactus Shadows High School
  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Jr High School: Sonoran Trails Middle School

Lot Info

  • Lot Size: Irregular

Tax Info

  • Taxes: 3277.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2023
Sold by
Young Edward B and Young Andrea L
Bought by
Parikh Amol and Parikh Avani
Total Days on Market
653
Current Estimated Value
$2,622,805

Purchase Details

Closed on
Mar 27, 2018
Sold by
Mayo Foundation For Medical Education An
Bought by
Young Edward B and Grilli Andrea L

Purchase Details

Closed on
Oct 2, 2013
Sold by
K Hovnanian Companies Of Arizona Llc
Bought by
Echols J Dan and Echols Donna H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2010
Closed on
Feb 5, 2013
Sold by
Ppp Development Llc
Bought by
K Hovnanian Companies Of Arizona Llc
Seller's Agent
Paul Sexson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.14%
Source: Public Records

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Range of Values:

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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
Parikh Amol $2,400,000 Magnus Title Agency
Young Edward B $1,340,000 Fidelity National Title Agen
Mayo Foundation For Medical Education An $1,340,000 Fidelity National Title Agen
Echols J Dan $1,005,434 New Land Title Agency Llc
K Hovnanian Companies Of Arizona Llc $570,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Echols J Dan $925,000
Previous Owner Ppp Development Llc $7,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2013 02/11/13 Sold $170,000 -2.9% $3 / Sq Ft
11/11/2011 11/11/11 Pending -- -- --
01/27/2010 01/27/10 For Sale $175,000 -- $3 / 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 $6,033 $125,456 -- --
2024 $5,831 $102,610 -- --
2023 $5,831 $177,680 $35,530 $142,150
2022 $6,366 $130,720 $26,140 $104,580
2021 $6,912 $123,470 $24,690 $98,780
2020 $6,790 $120,480 $24,090 $96,390
2019 $5,866 $109,030 $21,800 $87,230
2018 $5,672 $98,660 $19,730 $78,930
2017 $5,407 $101,720 $20,340 $81,380
2016 $5,426 $99,200 $19,840 $79,360
2015 $5,084 $84,520 $16,900 $67,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4327270

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-470