NOT LISTED FOR SALE

8840 E Stanley Thompson Ln Unit 55 Scottsdale, AZ 85262

Estimated Value: $3,213,000 - $4,651,797

5.06 Acres
$742,282 Price per Acre
220,414 Sq Ft Lot

Last Sold April 29, 2019

Last sale price $255,000

Est. 1,373% increase in value since last sale

Current estimated payment $20,987/month

180 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Cul-De-Sac
  • Black Mountain Elementary School Rated A-
  • 5.06 Acre Lot

About This Lot

As of April 2019

Amazing opportunity to build your dream home in guard gated Spectacular Sonoran Desert Beauty of Carefree Ranch Highlands. This parcel is one of 5 contiguous/5 acre parcels available for sale individually or as a package (See Attached Map). This Gentle sloping provides for ease in development. Stunning surrounding mountain views, magnificent sunsets, and CITY LIGHTS. Please go to for building info

Last Agent to Sell the Property

Erica Decker

HomeSmart License #SA575431000 Listed on: 10/01/2018

HomeSmart

Last Buyer's Agent

Glenn Tysvaer

RETSY License #SA043182000

RETSY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,565

Lot Details

  • 5.06 Acre Lot
  • Cul-De-Sac
  • Additional Parcels
  • Property is zoned R1-190

HOA Fees

  • $159 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 219-11-401

Community Details

Overview

  • Carefree Ranch Association, Phone Number (480) 649-2017
  • Carefree Ranch, Carefree Ranch Highlands Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,565

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • Cross Street: Pima & Cave Creek Rd
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Existing Wash(s), Gentle Sloping
  • Zoning: R1-190
  • Tax Year: 2017
  • Directions: North on Pima to Carefree Ranch Gaurd Gate. Follow Charles Blair McDonald, Left on Tom Morris, Left on Larry Hughes, Right on Stanley Thompson. Lot 55 is on the Right side at the end of cul-de-sac.
  • Lot Size Acres: 5.06
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: Carefree Ranch, Carefree Ranch Highlands
  • View:Mountain View(s): Yes
  • View:City Light View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Lot Features: Cul-De-Sac, Gated Community, Adjacent to Wash
  • View: City Lights, Mountain(s)
  • Disclosures: Appraisal
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1905.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 480-649-2017
  • HOA Transfer Fee: 400.0
  • Association Fee: 1905.0
  • Association Fee Frequency: Annually
  • Association Name: Carefree Ranch
  • Phone: 480-649-2017
  • Association: Yes

Schools

  • Elementary School: Black 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: 220518.0
  • Additional Parcels: Yes
  • Parcel #: 219-11-401
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1565.0
  • Tax Book Number: 219.00
  • Tax Lot: 55
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Parrish Family Trust and Parrish Chad Mitchell
Bought by
Parrish Chad
Current Estimated Value
$3,755,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Outstanding Balance
$2,111,058
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,644,891

Purchase Details

Closed on
Sep 29, 2020
Sold by
Parrish Chad
Bought by
Parrish Family Trust and Parrish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2020
Sold by
Parrish Chad and Parrish Pilar
Bought by
Parrish Chad Mitchell and Patuel Parrish Pilar

Purchase Details

Listed on
Oct 1, 2018
Closed on
Apr 22, 2019
Sold by
Bombeck Family Trust
Bought by
Parrish Chad and Parrish Pilar
Seller's Agent
Erica Decker
HomeSmart
Buyer's Agent
Glenn Tysvaer
RETSY
List Price
$300,000
Sold Price
$255,000
Premium/Discount to List
-$45,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.74%
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
Parrish Chad -- First Arizona Title
Parrish Family Trust -- First Arizona Title
Chad Parrish -- First Arizona Title Agency
Chad Parrish -- First Arizona Title Agency
Parrish Chad Mitchell -- None Available
Parrish Chad $255,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parrish Chad $2,325,000
Previous Owner Chad Parrish $2,325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2019 04/29/19 Sold $255,000 -8.9% --
01/21/2019 01/21/19 Price Changed $280,000 -6.7% --
09/30/2018 09/30/18 For Sale $300,000 -- --
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 $10,029 $182,107 -- --
2024 $6,385 $173,436 -- --
2023 $6,385 $192,900 $38,580 $154,320
2022 $1,615 $30,135 $30,135 $0
2021 $1,753 $29,460 $29,460 $0
2020 $1,722 $27,570 $27,570 $0
2019 $1,670 $26,430 $26,430 $0
2018 $1,625 $23,460 $23,460 $0
2017 $1,565 $25,665 $25,665 $0
2016 $1,558 $23,025 $23,025 $0
2015 $1,571 $24,944 $24,944 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5827202

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-401