NOT LISTED FOR SALE

8989 N Gainey Center Dr Unit 123 Scottsdale, AZ 85258

Gainey Ranch Neighborhood

Estimated Value: $996,000 - $1,269,313

2 Beds
3 Baths
2,047 Sq Ft
$573/Sq Ft Est. Value

Last Sold March 07, 2012

Last sale price $643,750 $314 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,591/month

1 Day on Market

Highlights

  • On Golf Course
  • Gated with Attendant
  • Mountain View
  • Cochise Elementary School Rated A
  • Waterfront
  • Community Lake

About This Home

As of March 2012

Most spectacular waterfront unit in all of Gainey Ranch. Magnificent views of mountains and golf course with wrap around, huge lake views. The setting is incredible and the interior finishes are beyond description. Subtle faux wall finishes,top grade granite,custom cabinetry,luxurious master suite with unparalleled views for the ultimate in restful serenity. Master bedroom plus guest room downstairs and office/den plus bath up. This corner unit has walls of windows to take advantage of every drop of the views.Custom window coverings and natural stone floors complete the package. There is really only one and this is it!!

Last Agent to Sell the Property

Peggy Rauch

The Peggy Rauch Luxury Group License #BR029595000 Listed on: 12/21/2011

Co-Listed By

Colleen Wagner

The Peggy Rauch Luxury Group License #SA514716000

Last Buyer's Agent

Douglas Sweeney

Brighton Brokerage & Development L.L.C. License #BR008495000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,441

Year Built

  • Built in 1994

Lot Details

  • Waterfront
  • On Golf Course
  • End Unit
  • Cul-De-Sac
  • Private Streets

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,047 Sq Ft Home
  • Built-in Bookshelves
  • Ceiling height of 9 feet or more
  • Skylights
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Mountain Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Separate Bedroom Exit
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Patio
  • Built-In Barbecue

Schools

  • Cochise Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

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

Community Details

Overview

  • $3,353 per year Dock Fee
  • Association fees include blanket insurance policy, common area maintenance, exterior maintenance of unit, front yard maint, garbage collection, pest control, roof repair, roof replacement, sewer, street maintenance
  • Gainey Ranch Association
  • 8989 Gainey Ranch HOA, Phone Number (480) 951-0321
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,441

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Tax Municipality: Scottsdale
  • Cross Street: Scottsdale and Doubletree
  • Legal Info Lot Number: 123
  • Legal Info Range: 4E
  • Legal Info Section: 35
  • Legal Info Township: 3N
  • Property Type: A
  • Unit Style: End Unit, Two Levels
  • Technology: Cable TV Avail, High Speed Internet Available, Security Sys Owned
  • Assessor Parcel Number: 242.00
  • Hundred Block: 9000
  • Legal Description Abbrev: 8989 GAINEY CENTER DRIVE CONDO 2ND SUPPLEMENTAL
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst, Othr Bdr Walkin Clst, Separate Bdrm Exit
  • Assessor Parcel Number: 174-28-242
  • HOA #2 Fee: 194.00
  • HOA #2 Name: Gainey Ranch
  • HOA #2 Paid Frequency: Monthly
  • HOA #2 Phone Number: 480-951-0321
  • HOA #2: Y
  • HOA Association Fee: 313.00
  • HOA Name: 8989 Gainey Ranch
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480-951-0321
  • HOA Fees: Y
  • Total Monthly Fee Equivalent: 507.00
  • Association Rules: NoVsble TrkTrlrRvBt, Pets OK (See Rmrks), Prof Managed
  • Construction Finish: Stucco
  • Dwelling Type: Townhouse
  • Encoded Features: 23RXTLO2G
  • Energy Green Features: Multi-Zones
  • Map Code Grid: M37
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub
  • Miscellaneous: Home Warranty
  • Numberof Interior Levels: 2
  • Parking Spaces Garage Spaces: 2.00
  • Parking Spaces Total Covered Spaces: 2.00
  • Price per Sq Ft: 314.48
  • Property Group Id: 19990816212109142258000000
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1994
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Features: 9+ Flat Ceilings, Fire Sprinklers, Skylight(s)
  • Bedrooms: 2
  • Bedrooms Plus: 4.00
  • Other Rooms: Great Room, Library-Blt-in Bkcse
  • Bathrooms: 3.00
  • Laundry: Dryer Included, Inside, Washer Included
  • Flooring: Carpet, Stone
  • Fireplace: 1 Fireplace, Fireplace Living Rm
  • Master Bedroom Type: Downstairs, Split
  • Dining Area: Breakfast Bar, Breakfast Room, Eat-in Kitchen
  • Estimated Lot Sq Ft: 277.00
  • Estimated Sq Ft: 2047.00
  • Kitchen Features: Dishwasher, Disposal, Refrigerator
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 2
  • Pool: Community Only
  • Landscaping: Yrd Wtring Sys Back, Yrd Wtring Sys Front
  • Roofing: Tile
  • Construction: Frame - Wood
  • Exterior Features: Balcony, Built-in BBQ, Patio, Private Street(s), Sport Court(s), Tennis Court(s)
  • Pool Private: No Pool

Garage/Parking

  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener

Utilities

  • Water: City Water
  • Utilities: APS
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric

Condo/Co-op/Association

  • Services: City Services
  • Community Features: Biking/Walking Path, Comm Tennis Court(s), Community Pool, Community Pool Htd, Community Spa, Community Spa Htd, Gated Community, Golf Course, Guarded Entry, Lake Subdivision
  • Fee Include: Blanket Ins Policy, Common Area Maint, Exterior Mnt of Unit, Front Yard Maint, Garbage Collection, Pest Control, Roof Repair, Roof Replacement, Sewer, Street Maint

Schools

  • Elementary School: Cochise Elementary School
  • High School: Chaparral High School
  • Jr High School: Cocopah Middle School

Lot Info

  • Property Description: Corner Lot, Cul-De-Sac Lot, Golf Course Lot, Mountain View(s), Waterfront Lot

Building Info

  • Builder Name: Unknown

Tax Info

  • Taxes: 3353.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2011
Closed on
Mar 5, 2012
Sold by
Baesler David M and Baesler Linda A
Bought by
Rafi Zadeh Hassan
Seller's Agent
Peggy Rauch
The Peggy Rauch Luxury Group
Buyer's Agent
Douglas Sweeney
Brighton Brokerage & Development L.L.C.
List Price
$749,000
Sold Price
$643,750
Premium/Discount to List
-$105,250
-14.05%
Current Estimated Value
$1,172,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,078
Avg. Annual Appreciation
4.49%

Purchase Details

Listed on
Dec 21, 2011
Closed on
Feb 10, 2012
Sold by
Rafi Zadeh Hassan
Bought by
Rafi Zadeh Hassan and Sotoodeh Zohreh
Seller's Agent
Peggy Rauch
The Peggy Rauch Luxury Group
Buyer's Agent
Douglas Sweeney
Brighton Brokerage & Development L.L.C.
List Price
$749,000
Sold Price
$643,750
Premium/Discount to List
-$105,250
-14.05%

Purchase Details

Listed on
Dec 21, 2011
Closed on
Jan 20, 2012
Sold by
Sotoodeh Zohren
Bought by
Rafizadeh Hassan
Seller's Agent
Peggy Rauch
The Peggy Rauch Luxury Group
Buyer's Agent
Douglas Sweeney
Brighton Brokerage & Development L.L.C.
List Price
$749,000
Sold Price
$643,750
Premium/Discount to List
-$105,250
-14.05%

Purchase Details

Closed on
Feb 1, 2002
Sold by
Grantham Terry L and Grantham Dori E
Bought by
Baesler David M and Baesler Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2000
Sold by
Johnson Stephen L and Johnson Donna Lisle
Bought by
Grantham Terry L and Grantham Dori E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 1998
Sold by
Johnson Stephen L
Bought by
Johnson Stephen L and Johnson Donna Lisle

Purchase Details

Closed on
Mar 20, 1997
Sold by
Rutkay Robert B and Rutkay Jeanne C
Bought by
Johnson Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 1994
Sold by
Markland Homes Inc
Bought by
Rutkay Robert B and Rutkay Jeanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
8.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Rafi Zadeh Hassan $643,750 Chicago Title Agency Inc
Rafi Zadeh Hassan -- Chicago Title Agency Inc
Rafizadeh Hassan -- Chicago Title Agency Inc
Baesler David M $599,000 --
Grantham Terry L $560,000 Stewart Title & Trust
Johnson Stephen L -- --
Johnson Stephen L $465,000 Stewart Title & Trust
Rutkay Robert B $443,651 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baesler David M $479,200
Previous Owner Grantham Terry L $448,000
Previous Owner Johnson Stephen L $372,000
Previous Owner Rutkay Robert B $199,000
Closed Johnson Stephen L $46,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2012 03/07/12 Sold $643,750 -14.1% $314 / Sq Ft
12/21/2011 12/21/11 For Sale $749,000 -- $366 / 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 $5,441 $77,042 -- --
2024 $5,152 $73,374 -- --
2023 $5,152 $86,260 $17,250 $69,010
2022 $4,888 $72,550 $14,510 $58,040
2021 $5,194 $67,010 $13,400 $53,610
2020 $5,149 $63,660 $12,730 $50,930
2019 $4,968 $64,350 $12,870 $51,480
2018 $4,811 $59,400 $11,880 $47,520
2017 $4,607 $53,360 $10,670 $42,690
2016 $4,518 $52,950 $10,590 $42,360
2015 $4,300 $53,150 $10,630 $42,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4692271

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-28-242