NOT LISTED FOR SALE

8989 N Gainey Center Dr Unit 132 Scottsdale, AZ 85258

Gainey Ranch Neighborhood

Estimated Value: $1,050,076 - $1,253,000

3 Beds
3 Baths
2,113 Sq Ft
$564/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $595,000 $282 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $7,013/month

194 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Two Primary Bathrooms
  • Cochise Elementary School Rated A
  • Waterfront
  • Mountain View

About This Home

As of October 2013

Stunning! This is an excellent price for one of the very few units available on the LAKE in 8989. Immaculate condition shows pride of ownership. You will enjoy a cozy LR with gas fireplace, remodeled kitchen with granite counters, first floor den/ 3rd bedroom, and 2 spacious bedrooms with private baths upstairs. The formal dining room is a plus when entertaining. Very open floor plan with glorious views from south facing windows. This is simply a wonderful home, or investment property! The Best of the Best!

Last Agent to Sell the Property

InactMarjorie Henry

Realty ONE Group License #BR510673000 Listed on: 03/11/2013

Last Buyer's Agent

Trudy Hammond

Signature Properties License #SA028191000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,609

Year Built

  • Built in 1994

Lot Details

  • Waterfront
  • End Unit
  • 1 Common Wall
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,113 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Mountain Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 132
  • Assessor Parcel Number 174-28-251

Community Details

Overview

  • Association fees include roof repair, insurance, pest control, cable TV, ground maintenance, street maintenance, front yard maint, trash, roof replacement
  • Grca Association, Phone Number (480) 951-0321
  • Association Phone (480) 951-0321
  • Built by Markland
  • Gainey Ranch Subdivision, Regency Floorplan
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Security

  • Gated Community
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,609

Year Built

Built in 1994

Lot Details

0

HOA Fees

$513 per month

Parking

2

Listing Details

  • Cross Street: Scottsdale Rd/Doubletree
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: GRCA
  • HOA #2 Phone Number: 480-951-0321
  • HOA #2 Transfer Fee: 200.0
  • 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: 513.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2013
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2013
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2013
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1994
  • Tax Year: 2012
  • Master Model: Regency
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: GAINEY RANCH
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 194.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Fire Sprinklers, Vaulted Ceiling(s), 2 Master Baths, Double Vanity, Separate Shwr & Tub, Granite Counters
  • Living Area: 2113.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: 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
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Community Spa: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Patio
  • Lot Features: Waterfront Lot, Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Waterfront: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Lake Subdivision, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 319.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 194.0
  • Association Fee Frequency: Monthly
  • Association: GRCA
  • Association Name: GRCA
  • Association Phone #2: 480-951-0321
  • Phone: 480-951-0321
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: GRCA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1.0
  • 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 _percent_: %
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: 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, Insurance, Pest Control, Cable TV, Maintenance Grounds, Street Maint, Front Yard Maint, Trash, Roof Replacement

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
  • Parcel #: 174-28-251

Building Info

  • Builder Name: Markland

Tax Info

  • Tax Annual Amount: 2609.16
  • Tax Book Number: 174.00
  • Tax Lot: 132
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Cappello Oracio Joseph and Cappello Melissa
Bought by
Cappello Oracio Joseph and Cappello Melissa
Current Estimated Value
$1,191,769

Purchase Details

Closed on
Oct 2, 2018
Sold by
Cappello Oracio Joseph and Cappello Melissa
Bought by
Cappello Oracio J and Cappello Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Outstanding Balance
$317,434
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$874,335

Purchase Details

Closed on
Jan 16, 2018
Sold by
Cappello Oracio Joseph
Bought by
Cappello Oracio Joseph and Cappello Melissa

Purchase Details

Listed on
Mar 11, 2013
Closed on
Oct 24, 2013
Sold by
Brown Arthur Wayne
Bought by
Cappello Oracio J and Cappello Melissa L
Seller's Agent
InactMarjorie Henry
Realty ONE Group
Buyer's Agent
Trudy Hammond
Signature Properties
List Price
$640,000
Sold Price
$595,000
Premium/Discount to List
-$45,000
-7.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$245,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2004
Sold by
Tenn Daniel W
Bought by
Brown Arthur Wayne and Brown Susan Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2004
Sold by
Zarkin Mark P
Bought by
Tenn Daniel W and Tenn Gail S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 1995
Sold by
Vanderelst Claude E F
Bought by
Zarkin Mark R

Purchase Details

Closed on
Jan 9, 1995
Sold by
Markland Homes Inc
Bought by
Vanderelst Claude E F and Gould Vanderelst Debra S
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
Cappello Oracio Joseph -- Wfg National Title Ins Co
Cappello Oracio J -- Wfg National Title Ins Co
Cappello Oracio Joseph -- None Available
Cappello Oracio J $595,000 Equity Title Agency Inc
Brown Arthur Wayne $545,000 Chicago Title Insurance Co
Tenn Daniel W $525,000 Title Partners Of Phoenix Ll
Zarkin Mark R $310,000 Lawyers Title Of Arizona Inc
Vanderelst Claude E F $307,819 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cappello Oracio J $378,000
Closed Cappello Oracio J $245,000
Previous Owner Brown Arthur Wayne $436,000
Previous Owner Tenn Daniel W $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2013 10/28/13 Sold $595,000 -4.0% $282 / Sq Ft
09/18/2013 09/18/13 Price Changed $620,000 -3.1% $293 / Sq Ft
09/11/2013 09/11/13 For Sale $640,000 +7.6% $303 / Sq Ft
09/11/2013 09/11/13 Off Market $595,000 -- --
06/15/2013 06/15/13 Price Changed $640,000 -1.5% $303 / Sq Ft
04/10/2013 04/10/13 Price Changed $650,000 -3.7% $308 / Sq Ft
03/11/2013 03/11/13 For Sale $675,000 -- $319 / 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 $3,148 $52,961 -- --
2024 $2,955 $50,439 -- --
2023 $2,955 $68,160 $13,630 $54,530
2022 $2,813 $56,830 $11,360 $45,470
2021 $3,052 $50,610 $10,120 $40,490
2020 $3,024 $48,230 $9,640 $38,590
2019 $2,932 $49,200 $9,840 $39,360
2018 $2,865 $54,160 $10,830 $43,330
2017 $2,703 $49,160 $9,830 $39,330
2016 $2,649 $47,650 $9,530 $38,120
2015 $2,546 $38,150 $7,630 $30,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4902725

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-28-251