NOT LISTED FOR SALE

8835 E Desert Highlands Dr Unit 34 Scottsdale, AZ 85255

Pinnacle Peak Neighborhood

Estimated Value: $2,848,000 - $3,707,144

1.74 Acres
$1,952,463 Price per Acre
75,794 Sq Ft Lot

Last Sold February 07, 2020

Last sale price $395,000

Est. 760% increase in value since last sale

Current estimated payment $19,558/month

728 Days on Market

Highlights

  • Gated Community
  • 1.74 Acre Lot
  • Corner Lot
  • Sonoran Trails Middle School Rated A-
  • Mountain View

About This Lot

As of February 2020

Nestled in the shadows of the Pinnacle Peak Mountains is the upscale gated community of Pinnacle Peak Place. A Community of Private One Acre+ Lots with Mountain Vistas just minutes from numerous World Renowned Golf Facilities, Upscale Shopping & Dining, 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 this exclusive Pinnacle Peak/North Scottsdale Community.

Last Agent to Sell the Property

Wayne Timlin

Long Realty Jasper Associates Brokerage Email: wayne@timlingroup.com License #BR531988000 Listed on: 09/16/2017

Long Realty Jasper Associates

Last Buyer's Agent

Wayne Timlin

Long Realty Jasper Associates Brokerage Email: wayne@timlingroup.com License #BR531988000 Listed on: 09/16/2017

Long Realty Jasper Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,627

Year Built

  • 2020

Lot Details

  • 1.74 Acre Lot
  • Corner Lot
  • Property is zoned R1-70

HOA Fees

  • $104 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

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

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 217-04-439

Community Details

Overview

  • Morrison Group Association, Phone Number (602) 263-7772
  • Pinnacle Peak Place Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,627

Year Built

2020

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Cross Street: Pima & Happy Valley
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R1-70
  • Tax Year: 2016
  • Directions: Pima and Happy Valley Road; East to Gate on North Side of Happy Valley (1st Left)
  • Attribution Contact: wayne@timlingroup.com
  • Horses: No
  • Lot Size Acres: 1.74
  • Road Surface Type: Asphalt
  • Subdivision Name: PINNACLE PEAK PLACE
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Interior Features

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

Exterior Features

  • Lot Features: Corner Lot, Mountain View(s), Gated Community
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 311.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 602-263-7772
  • HOA Transfer Fee: 2500.0
  • Association Fee: 311.0
  • Association Fee Frequency: Quarterly
  • Association Name: Morrison Group
  • Phone: 602-263-7772
  • Association: Yes

Schools

  • Elementary School: Desert Sun Academy
  • 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: Irregular
  • Lot Size Sq Ft: 75686.0
  • Additional Parcels: No
  • Parcel #: 217-04-439
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3627.0
  • Tax Book Number: 217.00
  • Tax Lot: 34
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
Madson Ryan Michael
Bought by
Ryan Madson Trust and Madson
Total Days on Market
728
Current Estimated Value
$3,397,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,222,500
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2023
Sold by
Marinaccio Anthony J and Marinaccio Rebecca Lynn
Bought by
Madson Ryan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,222,500
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2023
Sold by
Marinaccio Anthony J
Bought by
Marinaccio Anthony J and Marinaccio Rebecca Lynn

Purchase Details

Listed on
Sep 16, 2017
Closed on
Feb 3, 2020
Sold by
Marinaccio Rebecca and Marinaccio Anthony J
Bought by
Marinaccio Anthony J and Marinaccio Rebecca
Seller's Agent
Wayne Timlin
Long Realty Jasper Associates
Buyer's Agent
Wayne Timlin
Long Realty Jasper Associates
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.42%
Original Mortgage
$300,000
Interest Rate
3.74%
Mortgage Type
New Conventional
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
Ryan Madson Trust -- None Listed On Document
Madson Ryan Michael $3,175,000 Premier Title Agency
Marinaccio Anthony J -- --
Marinaccio Anthony J -- Lawyers Title Of Arizona Inc
Marinacclo Anthony J $395,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madson Ryan Michael $2,222,500
Previous Owner Marinaccio Anthony $750,000
Previous Owner Marinaccio Anthony J $500,000
Previous Owner Marinaccio Anthony J $1,443,000
Previous Owner Marinaccio Anthony J $1,410,324
Previous Owner Marinacclo Anthony J $300,000
Previous Owner Cambric Construction Llc $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $395,000 -7.1% --
09/12/2019 09/12/19 Pending -- -- --
08/20/2019 08/20/19 Price Changed $425,000 +7.6% --
09/14/2017 09/14/17 For Sale $395,000 -- --
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 $4,602 $98,401 -- --
2024 $5,183 $93,716 -- --
2023 $5,183 $174,160 $34,830 $139,330
2022 $4,993 $126,870 $25,370 $101,500
2021 $4,082 $66,075 $66,075 $0
2020 $4,009 $63,195 $63,195 $0
2019 $3,889 $60,465 $60,465 $0
2018 $3,782 $67,620 $67,620 $0
2017 $3,643 $73,935 $73,935 $0
2016 $3,627 $72,930 $72,930 $0
2015 $3,658 $57,072 $57,072 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5661329

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-439