NOT LISTED FOR SALE

8845 E Lariat Ln Scottsdale, AZ 85255

Pinnacle Peak Neighborhood

Estimated Value: $2,571,000 - $3,065,331

5 Beds
4.5 Baths
4,000 Sq Ft
$714/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $2,400,000 $600 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $16,506/month

10 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • Gated Community
  • Sonoran Trails Middle School Rated A-
  • RV Garage
  • 1.62 Acre Lot

About This Home

As of July 2021

Magnificent home on large lot in Pinnacle Peak Place. Exceptional finishes, beautifully maintained and an entertainers delight. Outside living spaces that rival any home. Backyard completed in 2019 with pool, spa, hardscape, BBQ area with 2 BBQ's and a pizza oven. Clean contemporary lines and cabinetry. 4 bedrooms in the main home and a two room guesthouse for friends and family. Soon to be completed is the rv garage with air conditioning. This is a diamond.

Last Agent to Sell the Property

Robert Nathan

Engel & Voelkers Scottsdale License #BR006110000 Listed on: 05/25/2021

Co-Listed By

Myra Nathan

Engel & Voelkers Scottsdale License #SA577155000

Last Buyer's Agent

Brett Angner

Everyday Investments Realty License #BR566727000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,061

Year Built

  • Built in 2014

Lot Details

  • 1.62 Acre Lot
  • Desert faces the front of the property
  • Cul-De-Sac
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • RV Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Mechanical Sun Shade

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered patio or porch
  • Fire Pit
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 217-04-462

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Pinnacle Peak Place Association, Phone Number (602) 263-7772
  • Built by K Hovnanian
  • Pinnacle Peak Place Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,061

Year Built

Built in 2014

Lot Details

0

HOA Fees

$105 per month

Parking

3

Listing Details

  • Cross Street: Pima/Happy Valley Rd.
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 105.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2014
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: North on Pima Rd. Turn Right onto Desert Highland Drive. Turn Left onto 89th St. Take the 2nd left onto 88th Way. Take the first right onto Lariat Ln.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.62
  • Co List Office Mls Id: eavs001
  • Co List Office Phone: 480-515-5900
  • Subdivision Name: PINNACLE PEAK PLACE
  • Architectural Style: Contemporary, Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 315.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 8
  • Total Bedrooms: 5
  • Fireplace Features: 2 Fireplace, Fire Pit, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Fire Sprinklers, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 4000.0
  • Stories: 1
  • Window Features: Mechanical Sun Shds, Double Pane Windows, Low Emissivity Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Built-in Barbecue
  • Lot Features: Sprinklers In Front, Desert Front, Cul-De-Sac, Auto Timer H2O Front
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Other Structures: Guest House
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, RV Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Garage: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Amenities: Management
  • Association Fee: 315.0
  • Association Fee Frequency: Quarterly
  • Association Name: Pinnacle Peak Place
  • Phone: 602-263-7772
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Pinnacle Peak Place
  • Association Fees:HOA Telephone4: 602-263-7772
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2710.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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

  • Land Lease: No
  • Lot Size Sq Ft: 70389.0
  • Parcel #: 217-04-462
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: K Hovnanian

Tax Info

  • Tax Annual Amount: 5061.0
  • Tax Book Number: 217.00
  • Tax Lot: 57
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 6, 2021
Sold by
Linnes Dale W and Linnes Sara W
Bought by
Westermeyer James R and Westermeyer Barabara S
Seller's Agent
Robert Nathan
Engel & Voelkers Scottsdale
Buyer's Agent
Brett Angner
Everyday Investments Realty
List Price
$2,450,000
Sold Price
$2,400,000
Premium/Discount to List
-$50,000
-2.04%
Total Days on Market
10
Current Estimated Value
$2,856,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,833
Avg. Annual Appreciation
4.20%
Original Mortgage
$1,550,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2017
Closed on
Sep 19, 2018
Sold by
Bassett Laura K
Bought by
Linnes Dale and Linnes Sara
Seller's Agent
Greg Hidder
Compass
Buyer's Agent
Virginia Gorr
Century 21 Arizona Foothills
List Price
$1,495,000
Sold Price
$1,325,000
Premium/Discount to List
-$170,000
-11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.63%
Original Mortgage
$825,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2014
Sold by
K Hovnanian Companies Of Arizona Llc
Bought by
Bassett Laura K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2013
Sold by
Ppp Development Llc
Bought by
K Hovnanian Companies Of Arizona Llc
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
Westermeyer James R $2,400,000 Landmark Ttl Assurance Agcy
Linnes Dale $1,325,000 Magnus Title Agency Llc
Bassett Laura K $980,882 New Land Title Agency
K Hovnanian Companies Of Arizona Llc $170,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Westermeyer James R $1,550,000
Previous Owner Linnes Dale $825,000
Previous Owner Bassett Laura K $415,000
Previous Owner Bassett Laura K $400,000
Previous Owner Bassett Laura K $417,000
Previous Owner Bassett Laura K $269,000
Previous Owner Ppp Development Llc $7,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $2,400,000 -2.0% $600 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $2,450,000 +84.9% $613 / Sq Ft
09/21/2018 09/21/18 Sold $1,325,000 -4.6% $327 / Sq Ft
05/03/2018 05/03/18 Price Changed $1,389,000 -2.5% $343 / Sq Ft
02/09/2018 02/09/18 Price Changed $1,425,000 -4.7% $352 / Sq Ft
12/07/2017 12/07/17 For Sale $1,495,000 -- $369 / 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 $4,366 $93,517 -- --
2024 $4,217 $89,064 -- --
2023 $4,217 $173,120 $34,620 $138,500
2022 $4,048 $127,230 $25,440 $101,790
2021 $5,153 $120,660 $24,130 $96,530
2020 $5,061 $116,730 $23,340 $93,390
2019 $4,910 $105,850 $21,170 $84,680
2018 $4,157 $94,910 $18,980 $75,930
2017 $3,987 $97,280 $19,450 $77,830
2016 $3,963 $87,770 $17,550 $70,220
2015 $3,768 $74,560 $14,910 $59,650
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Nathan

    Engel & Voelkers Scottsdale

  • Myra Nathan

    Seller Co-Listing Agent in 2021

    Myra Nathan

    Engel & Voelkers Scottsdale

    (480) 273-1412

    4 in this area

    58 Total Sales

    Myra Nathan
    Section Image
  • Brett Angner

    Buyer's Agent in 2021

    Brett Angner

    Everyday Investments Realty

    (480) 292-2727

    2 in this area

    29 Total Sales

    Brett Angner
    Section Image
  • Greg Hidder

    Seller's Agent in 2018

    Greg Hidder

    Compass

    (602) 980-7199

    2 in this area

    83 Total Sales

    Greg Hidder
    Section Image
  • Jason Mitchell

    Seller Co-Listing Agent in 2018

    Jason Mitchell

    Jason Mitchell Real Estate

    (480) 540-8591

    Section Image
  • Virginia Gorr

    Buyer's Agent in 2018

    Virginia Gorr

    Century 21 Arizona Foothills

    (480) 650-2538

    65 Total Sales

    Virginia Gorr
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6240875

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-462

Arizona Maricopa County Scottsdale 85255 Pinnacle Peak

8845 E Lariat Ln, Scottsdale, AZ

This home is located at 8845 E Lariat Ln, Scottsdale, AZ 85255 since 25 May 2021 and is currently estimated at $2,856,833, approximately $714 per square foot. This property was built in 2014. 8845 E Lariat Ln is a home located in Maricopa County with nearby schools including Desert Sun Academy, Sonoran Trails Middle School, and Cactus Shadows High 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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