NOT LISTED FOR SALE

8989 N Gainey Center Dr Unit 130 Scottsdale, AZ 85258

Gainey Ranch Neighborhood

Estimated Value: $1,036,624 - $1,235,000

3 Beds
3 Baths
2,113 Sq Ft
$553/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $925,000 $438 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,986/month

57 Days on Market

Highlights

  • Gated with Attendant
  • Waterfront
  • Contemporary Architecture
  • Cochise Elementary School Rated A
  • Community Lake
  • Wood Flooring

About This Home

As of June 2020

Absolutely spectacular contemporary renovation located ON THE LAKE in Gainey Center. From the moment you walk through the door you will be WOWED! Absolutely drop dead gorgeous water views from loads of windows. And the renovation will blow you away. Spectacular kitchen with sleek state of the art cabinetry, quartz waterfall countertops and high end stainless appliances. Large island seating, dining area in the great room and dramatic steel beams on the ceiling. 3rd bedroom and full bath downstairs along with laundry. Gorgeous master suite with balcony and views. Sumptuous bath with heavenly soaking tub, dual vanities, large quartz shower and walk in closet. Bed 2 with private bath along with bonus room upstairs. One of a kind property you must see to believe. You'll want to wake up here!!!

Last Agent to Sell the Property

Kelly Knapp

HomeSmart License #SA091142000 Listed on: 03/20/2020

HomeSmart

Last Buyer's Agent

Adrian Arnlund

HomeSmart Premier License #SA047504000

HomeSmart Premier

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,252

Year Built

  • Built in 1994

Lot Details

  • 1,779 Sq Ft Lot
  • Waterfront
  • Desert faces the front of the property
  • 1 Common Wall
  • Wrought Iron Fence
  • Partially Fenced Property
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,113 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 130
  • Assessor Parcel Number 174-28-249

Community Details

Overview

  • Association fees include roof repair, pest control, cable TV, ground maintenance, street maintenance, front yard maint, trash, water
  • 8989 E. Gainey Association, Phone Number (480) 951-0321
  • Gainey Ranch Association, Phone Number (480) 951-0321
  • Association Phone (480) 951-0321
  • 8989 Gainey Center Drive Condo 2Nd Supplemental Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,252

Year Built

Built in 1994

Lot Details

0

HOA Fees

$655 per month

Parking

2

Listing Details

  • Cross Street: Scottsdale Road and Doubletree
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Gainey Ranch
  • HOA #2 Phone Number: 480-951-0321
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 655.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1994
  • Tax Year: 2019
  • Directions: East on Doubletree to 2nd light Gainey Drive then north to 8989 Gate.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.04
  • Subdivision Name: 8989 GAINEY CENTER DRIVE CONDO 2ND SUPPLEMENTAL
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 398.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2113.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Lake: Yes

Exterior Features

  • Fencing: Block, Partial, Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Waterfront Lot, Sprinklers In Front, Desert Front, Gravel/Stone Front, Grass Front, Auto Timer H2O Front
  • Pool Features: None
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake, Gated, Community Spa Htd, Community Pool Htd, Guarded Entry, Tennis Court(s), Biking/Walking Path
  • Association #2 Fee: 257.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 398.0
  • Association Fee Frequency: Monthly
  • Association: Gainey Ranch
  • Association Name: 8989 E. Gainey
  • Association Phone #2: 480-951-0321
  • Phone: 480-951-0321
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 8989 E. Gainey
  • Association Fees:HOA Telephone4: 480-951-0321
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 800.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2: 5475.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Pest Control, Cable TV, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Water

Schools

  • Elementary School: Cochise Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1779.0
  • Parcel #: 174-28-249

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 4252.0
  • Tax Book Number: 174.00
  • Tax Lot: 130
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jun 5, 2020
Sold by
Optimal Partners Gp
Bought by
Pinacate Holdings Llc
Seller's Agent
Kelly Knapp
HomeSmart
Buyer's Agent
Adrian Arnlund
HomeSmart Premier
List Price
$1,095,000
Sold Price
$925,000
Premium/Discount to List
-$170,000
-15.53%
Current Estimated Value
$1,168,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,156
Avg. Annual Appreciation
4.47%
Original Mortgage
$742,500
Outstanding Balance
$658,169
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$509,987

Purchase Details

Closed on
Jan 25, 2016
Sold by
Johnson Van L and Johnson Susan M
Bought by
Optimal Partners Gp

Purchase Details

Closed on
Jan 4, 2006
Sold by
Lamb Gary A and Lamb Janette B
Bought by
Johnson Van Lee and Johnson Susan Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2002
Sold by
Lamb Janette B
Bought by
Lamb Gary A and Lamb Janette B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.17%

Purchase Details

Closed on
Apr 5, 2001
Sold by
Back S
Bought by
Lamb Gary A and Lamb Janette B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 1999
Sold by
Reed Merry L
Bought by
Back S

Purchase Details

Closed on
Aug 13, 1996
Sold by
Friedman Bruce Alan and Friedman Sue Allyson
Bought by
Reed Merry L

Purchase Details

Closed on
Dec 21, 1994
Sold by
Markland Homes Inc
Bought by
Friedman Bruce Alan and Friedman Sue Allyson
Source: Public Records

Range of Values:

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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
Pinacate Holdings Llc $925,000 Clear Title Agency Of Az
Optimal Partners Gp $524,300 Great American Title Agency
Johnson Van Lee $750,000 Capital Title Agency Inc
Lamb Gary A -- Fidelity National Title
Lamb Janette B -- Fidelity National Title
Lamb Gary A $530,000 Capital Title Agency
Back S $415,000 North American Title Agency
Reed Merry L $390,000 North American Title Agency
Friedman Bruce Alan $338,618 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinacate Holdings Llc $742,500
Previous Owner Johnson Van Lee $550,000
Previous Owner Lamb Janette B $275,000
Previous Owner Lamb Gary A $275,000
Closed Johnson Van Lee $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $925,000 -7.4% $438 / Sq Ft
04/22/2020 04/22/20 Price Changed $999,000 -8.8% $473 / Sq Ft
03/20/2020 03/20/20 For Sale $1,095,000 0.0% $518 / Sq Ft
07/01/2014 07/01/14 Rented $3,500 -41.7% --
06/26/2014 06/26/14 Under Contract -- -- --
10/30/2012 10/30/12 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 $2,598 $43,704 -- --
2024 $3,514 $58,587 -- --
2023 $3,514 $68,160 $13,630 $54,530
2022 $3,303 $56,830 $11,360 $45,470
2021 $3,547 $50,610 $10,120 $40,490
2020 $3,515 $48,230 $9,640 $38,590
2019 $4,252 $49,200 $9,840 $39,360
2018 $4,247 $54,160 $10,830 $43,330
2017 $4,653 $49,160 $9,830 $39,330
2016 $3,402 $47,650 $9,530 $38,120
2015 $3,269 $47,950 $9,590 $38,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6053964

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-28-249