NOT LISTED FOR SALE

8872 E Hackamore Dr Unit 21 Scottsdale, AZ 85255

Pinnacle Peak Neighborhood

Estimated Value: $3,540,000 - $4,073,000

1.42 Acres
$2,684,446 Price per Acre
61,855 Sq Ft Lot

Last Sold December 12, 2017

Last sale price $430,000

Est. 786% increase in value since last sale

Current estimated payment $22,056/month

75 Days on Market

Highlights

  • Gated Community
  • 1.42 Acre Lot
  • Cul-De-Sac
  • Sonoran Trails Middle School Rated A-
  • Mountain View

About This Lot

As of December 2017

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: 08/28/2017

Long Realty Jasper Associates

Last Buyer's Agent

Nick Arekat

Compass License #SA522994000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,128

Year Built

  • 2018

Lot Details

  • 1.42 Acre Lot
  • Cul-De-Sac
  • 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 21
  • Assessor Parcel Number 217-04-426

Community Details

Overview

  • Hoamco Association, Phone Number (480) 994-4479
  • Pinnacle Peak Place Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,128

Year Built

2018

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Cross Street: Pima Rd & Happy Valley Rd (NE Corner)
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R1-70
  • Tax Year: 2016
  • Directions: Pima North to Happy Valley Rd; East to Gate - 1st Left
  • Attribution Contact: wayne@timlingroup.com
  • Horses: No
  • Lot Size Acres: 1.42
  • Road Surface Type: Asphalt
  • Subdivision Name: PINNACLE PEAK PLACE
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Interior Features

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

Exterior Features

  • Lot Features: Cul-De-Sac, 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: 480-994-4479
  • HOA Transfer Fee: 2500.0
  • Association Fee: 311.0
  • Association Fee Frequency: Quarterly
  • Association Name: HOAMCO
  • Phone: 480-994-4479
  • 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: 61946.0
  • Additional Parcels: No
  • Parcel #: 217-04-426
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3128.0
  • Tax Book Number: 217.00
  • Tax Lot: 21
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Arikat Samir and Arekat Najla
Bought by
Gordon Jeremiah T and Gordon Josephine N
Total Days on Market
75
Current Estimated Value
$3,811,913

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
$2,138,501
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,717,671

Purchase Details

Listed on
Aug 28, 2017
Closed on
Nov 28, 2017
Sold by
Ppp Development Llc
Bought by
Arikat Samir and Arekat Najla
Seller's Agent
Wayne Timlin
Long Realty Jasper Associates
Buyer's Agent
Nick Arekat
Compass
List Price
$495,000
Sold Price
$430,000
Premium/Discount to List
-$65,000
-13.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.08%
Original Mortgage
$330,000
Interest Rate
3.94%
Mortgage Type
Unknown
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
Gordon Jeremiah T $3,100,000 First Arizona Title Agcy Llc
Arikat Samir $430,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Jeremiah T $2,325,000
Previous Owner Arekat Najla $400,000
Previous Owner Arikat Samir $284,900
Previous Owner Arikat Samir $1,290,100
Previous Owner Arikat Samir $1,293,000
Previous Owner Arikat Samir $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2017 12/12/17 Sold $430,000 -13.1% --
11/06/2017 11/06/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $495,000 -- --
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 $6,645 $120,653 -- --
2024 $6,355 $114,908 -- --
2023 $6,355 $199,810 $39,960 $159,850
2022 $6,122 $147,710 $29,540 $118,170
2021 $6,648 $139,730 $27,940 $111,790
2020 $6,530 $135,050 $27,010 $108,040
2019 $2,599 $36,945 $36,945 $0
2018 $2,687 $37,395 $37,395 $0
2017 $3,142 $44,940 $44,940 $0
2016 $3,128 $45,570 $45,570 $0
2015 $3,155 $41,840 $41,840 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5652584

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-426