$1,200,000
SOLD NOV 16, 2017

8863 E Ann Way Unit 25 Scottsdale, AZ 85260

Horizons Neighborhood
5 Beds
5 Baths
6,454 Sq Ft
0.3 Acres

Recently Sold

$186 Per Sq Ft

8% Below List Price

157 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Hydromassage or Jetted Bathtub
  • Redfield Elementary School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of September 2020

Stunning 5 bed, 5 ba property in Scottsdale! This breathtaking home features a gated front patio with Casita access, formal dining and living areas, bay windows, a den, basement game room with a fireplace, wet bar, wine cellar and home theater/media room. The fabulous kitchen offers ample cabinetry, walk-in pantry, granite countertops, tile backsplash, stainless steel appliances including a double wall oven, and an enormous island with breakfast bar. The grandiose master bedroom boasts a private entry, full bath with double sinks, separate tub and shower, and a walk-in cedar lined closet. The private backyard includes a covered patio with open wood beam ceiling, large paved seating area, pebbletec pool w/pop ups, two water features, and spa! Desert landscaped and 4 car garage w/built ins.

Last Agent to Sell the Property

Joe Elia

Keller Williams Legacy One License #BR511902000 Listed on: 05/31/2017

Keller Williams Legacy One

Last Buyer's Agent

Joseph Elia

Keller Williams Realty Sonoran Living License #BR511902000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,050

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

HOA Fees

  • $157 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 6,454 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Finished Basement

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Private Pool

Outdoor Features

  • Covered Patio or Porch

Schools

  • Desert Canyon Elementary School
  • Desert Canyon Middle School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 217-60-155

Community Details

Overview

  • Association fees include ground maintenance
  • Trisha Morrison Association, Phone Number (602) 263-7772
  • Built by Classic Homes Inc
  • Paso Fino Estates Replat Subdivision

Recreation

  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,050

Year Built

Built in 2004

Lot Details

0

HOA Fees

$157 per month

Parking

4

Listing Details

  • Cross Street: Cactus Rd & 94th St
  • 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: 157.17
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2004
  • Spa Private: Yes
  • Tax Year: 2016
  • Directions: Head west on Cactus Rd toward 93rd St, Turn right onto 90th St, Turn left at the 1st cross street onto Ann Way. Property is located on the left.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.3
  • Subdivision Name: PASO FINO ESTATES REPLAT
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 943.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Tile, Wood
  • Basement YN: Yes
  • Spa Features: Heated, Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 6454.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • Basement Description:Finished2: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Desert Back, Desert Front
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Biking/Walking Path
  • Amenities: Management
  • Association Fee: 943.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Trisha Morrison
  • Phone: 602-263-7772
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 750.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Trisha Morrison
  • Association Fees:HOA Telephone4: 6022637772
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Desert Canyon Elementary
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Desert Canyon Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13001.0
  • Parcel #: 217-60-155
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Classic Homes Inc

Tax Info

  • Tax Annual Amount: 7050.0
  • Tax Book Number: 217.00
  • Tax Lot: 25
  • Tax Map Number: 60.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2021
Sold by
Stead Aaron and Stead Nicole
Bought by
Stead Aaron and Stead Nicole
Current Estimated Value
$2,318,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,315
Outstanding Balance
$1,274,248
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$1,043,753

Purchase Details

Listed on
Jul 5, 2020
Closed on
Sep 3, 2020
Sold by
Stead Aaron and Stead Nicole
Bought by
Stead Aaron and Stead Nicole
Seller's Agent
David Newman
Elite Partners
Buyer's Agent
Nathan Wade
GIV Realty, LLC
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Original Mortgage
$1,200,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2020
Closed on
Aug 31, 2020
Sold by
Benjamin Gray
Bought by
Aaron Stead and Aaron Nicole Stead
Seller's Agent
David Newman
Elite Partners
Buyer's Agent
Nathan Wade
GIV Realty, LLC
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2017
Closed on
Nov 9, 2017
Sold by
Roossin Kristin M and Kristin M Roossin Family Livin
Bought by
Gray Benjamin
Seller's Agent
Joe Elia
Keller Williams Legacy One
Buyer's Agent
Joe Elia
Keller Williams Legacy One
List Price
$1,299,900
Sold Price
$1,200,000
Premium/Discount to List
-$99,900
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$625,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2008
Sold by
Roossin Kristin M
Bought by
Roossin Kristin M

Purchase Details

Closed on
Feb 20, 2008
Sold by
Roossin Kristin M
Bought by
Roossin Kristin M and The Kristin M Roossin Family L

Purchase Details

Closed on
Apr 12, 2006
Sold by
Roossin Marshall Jay
Bought by
Roossin Kristin M

Purchase Details

Closed on
Dec 30, 2003
Sold by
Classic Stellar Homes Inc
Bought by
Roossin Marshall J and Roossin Kristin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.81%
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Empire Title Agency
Interfamily Deed Transfer -- Equity Title Agency Inc
Warranty Deed $1,500,000 Equity Title Agency Inc
Warranty Deed $1,200,000 Greystone Title Agency Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Special Warranty Deed $260,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,387,315 New Conventional
Closed $1,200,000 New Conventional
Previous Owner $475,575 Credit Line Revolving
Previous Owner $711,000 Adjustable Rate Mortgage/ARM
Previous Owner $625,000 Commercial
Previous Owner $110,900 New Conventional
Previous Owner $0 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $600,000 Unknown
Previous Owner $350,000 Credit Line Revolving
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $208,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $1,500,000 -6.0% $226 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $1,595,000 +32.9% $241 / Sq Ft
11/16/2017 11/16/17 Sold $1,200,000 -7.7% $186 / Sq Ft
11/04/2017 11/04/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $1,299,900 0.0% $201 / Sq Ft
08/19/2017 08/19/17 For Sale $1,299,900 0.0% $201 / Sq Ft
08/19/2017 08/19/17 Price Changed $1,299,900 0.0% $201 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/01/2017 06/01/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $1,299,900 0.0% $201 / Sq Ft
03/01/2013 03/01/13 Rented $5,225 -12.9% --
02/11/2013 02/11/13 Under Contract -- -- --
11/28/2012 11/28/12 For Rent $6,000 -- --
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 $7,891 $125,501 -- --
2024 $7,793 $119,525 -- --
2023 $7,793 $143,570 $28,710 $114,860
2022 $7,363 $111,600 $22,320 $89,280
2021 $7,861 $103,250 $20,650 $82,600
2020 $8,117 $105,160 $21,030 $84,130
2019 $7,812 $104,820 $20,960 $83,860
2018 $7,545 $114,080 $22,810 $91,270
2017 $7,201 $94,110 $18,820 $75,290
2016 $7,050 $88,910 $17,780 $71,130
2015 $6,681 $85,450 $17,090 $68,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5613076

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-60-155