NOT LISTED FOR SALE

8868 E Lariat Ln Unit 60 Scottsdale, AZ 85255

Pinnacle Peak Neighborhood

Estimated Value: $2,241,422 - $3,451,000

0.75 Acre
$3,794,475 Price per Acre
32,670 Sq Ft Lot

Last Sold March 19, 2012

Last sale price $205,000

Est. 1,288% increase in value since last sale

Current estimated payment $15,763/month

621 Days on Market

Highlights

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

About This Lot

As of March 2012

8868 E. Lariat Lane/Lot #60 is a custom homesite in prestigious Pinnacle Peak Place. Selected and owned by builder, Geoffrey H. Edmunds, this property offers an easily buildable .75 acre site with captivating mountain views and city lights. Lot #60 is available for purchase or a build to suit. Potential discounts and financing are available on Lot #60, if Geoffrey H. Edmunds builds your custom home. 26285 North 89th Street/Lot #74 Model home was completed in February 2011 & sold in May, 2011. A similar can be built on this site. You are invited to preview the site of your future dream home. Embrace the beauty of the Pinnacle Peak Mountains and live the sonoran desert lifestyle in Pinnacle Peak Place. Seller Financing is available. Easy 'Terms/Conditions'. Contact Listing Agent.

Last Agent to Sell the Property

Bruce Davies

Messenger Realty, LLC License #SA541815000 Listed on: 08/02/2011

Last Buyer's Agent

Jodi Johnson

HomeSmart License #SA044737000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,944

Lot Details

  • 0.75 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $170 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Eco-Friendly Details

  • North or South Exposure

Schools

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

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 217-04-465

Community Details

Overview

  • Pinnacle Peak Place Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,944

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Cross Street: Pima Road and Desert Highlands Drive
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: residential
  • Tax Year: 2010
  • Directions: North on Pima Road past Happy Valley Road. Turn right/East to gate house. Turn left/North. Through gate to 8868 East Lariat Lane/Lot #60.
  • Horses: No
  • Lot Size Acres: 0.75
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: PINNACLE PEAK PLACE
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Dual Street Ftg, City Light View(s), Mountain View(s), Gated Community, North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 510.0
  • HOA Paid Frequency: Quarterly
  • Association Fee: 510.0
  • Association Fee Frequency: Quarterly
  • 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: 148x197x230x129
  • Lot Size Sq Ft: 32656.0
  • Additional Parcels: No
  • Parcel #: 217-04-465
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2944.0
  • Tax Book Number: 217.00
  • Tax Lot: 60
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2020
Sold by
Casella Joseph
Bought by
Casella Joseph A and Joseph A Casella Revoable Trus
Current Estimated Value
$2,845,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$224,626
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$2,652,228

Purchase Details

Closed on
Oct 2, 2019
Sold by
Casella Joseph A
Bought by
Casella Joseph A and Josepha A Casella Revocable Tr

Purchase Details

Closed on
Oct 15, 2014
Sold by
Dischler David and Dischler Tena
Bought by
Casella Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2011
Closed on
Mar 1, 2012
Sold by
Edmunds Geoffrey H
Bought by
Dischler David and Dischler Tena
Seller's Agent
Bruce Davies
Messenger Realty, LLC
Buyer's Agent
Jodi Johnson
HomeSmart
List Price
$345,000
Sold Price
$205,000
Premium/Discount to List
-$140,000
-40.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.61%

Purchase Details

Closed on
Dec 10, 2010
Sold by
Edmunds Jane
Bought by
Edmunds Geoffrye H

Purchase Details

Closed on
Jan 21, 2009
Sold by
Fann Paul M
Bought by
Geoffrey H Edmunds & Associates Inc

Purchase Details

Closed on
Oct 30, 2006
Sold by
Ppp Development Llc
Bought by
Fann Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,937
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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
Casella Joseph A -- Old Republic Title Agency
Casella Joseph -- Old Republic Title Agency
Casella Joseph A -- None Available
Casella Joseph A $1,250,000 First American Title Ins Co
Dischler David $205,000 First American Title Ins Co
Edmunds Geoffrye H -- Accommodation
Edmunds Geoffrey H $125,000 Accommodation
Geoffrey H Edmunds & Associates Inc $470,000 First Arizona Title Agency
Fann Paul M $675,000 Tsa Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casella Joseph A $250,000
Open Casella Joseph $908,000
Closed Casella Joseph A $1,000,000
Previous Owner Dischler David $398,000
Previous Owner Fann Paul M $480,937
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2012 03/19/12 Sold $205,000 -40.6% --
02/28/2012 02/28/12 Pending -- -- --
06/17/2010 06/17/10 For Sale $345,000 -- --
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 $5,171 $109,152 -- --
2024 $4,996 $103,954 -- --
2023 $4,996 $174,300 $34,860 $139,440
2022 $4,824 $134,100 $26,820 $107,280
2021 $5,250 $124,660 $24,930 $99,730
2020 $5,231 $118,570 $23,710 $94,860
2019 $5,026 $103,560 $20,710 $82,850
2018 $4,857 $93,660 $18,730 $74,930
2017 $4,653 $95,420 $19,080 $76,340
2016 $4,643 $90,600 $18,120 $72,480
2015 $4,398 $85,910 $17,180 $68,730
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bruce Davies

    Messenger Realty, LLC

  • J

    Buyer's Agent in 2012

    Jodi Johnson

    HomeSmart

    (602) 329-4502

    18 Total Sales

    Jodi Johnson
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4409644

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-465

Arizona Maricopa County Scottsdale 85255 Pinnacle Peak

8868 E Lariat Ln Unit 60, Scottsdale, AZ

This home is located at 8868 E Lariat Ln Unit 60, Scottsdale, AZ 85255 since 02 August 2011 and is currently estimated at $2,845,856. 8868 E Lariat Ln Unit 60 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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