NOT LISTED FOR SALE

9701 E Happy Valley Rd Unit 20 Scottsdale, AZ 85255

Pinnacle Peak Neighborhood

Estimated Value: $1,520,000 - $3,185,000

4.43 Acres
$495,143 Price per Acre
192,971 Sq Ft Lot

Last Sold April 28, 2016

Last sale price $975,000

Est. 125% increase in value since last sale

Current estimated payment $12,956/month

199 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • 4.43 Acre Lot
  • Sonoran Trails Middle School Rated A-

About This Lot

As of April 2016

Premier 4.43 acres in The Peak, a private gated enclave of 34 four plus acre elite estates. This quiet interior lot offers privacy and commanding views to the north, centered on Pinnacle Peak Mountain. To the east are beautiful sunrises over Troon Mountain and the McDowell Mountain to the west are expansive city view of the valley. This lot has an enormous building envelope with minimal setbacks. The building envelope on this interior rectangular lot is 25% Natural Area Open Space, 30' side setbacks with 60' front and back setbacks. Build your dream estate on this grand lot - in close proximity to Whisper Rock, Estancia, Desert Highlands, and Silverleaf.

Last Agent to Sell the Property

Tricia Cormie

Russ Lyon Sotheby's International Realty License #SA116996000 Listed on: 10/06/2015

Russ Lyon Sotheby's International Realty

Co-Listed By

Shelby Haugen

HomeSmart License #SA660002000

Last Buyer's Agent

Patricia Cormie

PINNACLE PEAK REALTY, INC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,961

Lot Details

  • 4.43

HOA Fees

  • $182 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

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

Additional Features

  • North or South Exposure
  • 4.43 Acre Lot

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 217-06-069

Community Details

Overview

  • The Peak Association, Phone Number (480) 607-9700
  • The Peak Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,961

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • Cross Street: Pima & Happy Valley Road
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Plans Available, On Site Imp Cmplete
  • Zoning: RES
  • Tax Year: 2015
  • Directions: East on Happy Valley Road, to 9701 ''The Peak''. Turn south and proceed through the gate to Desert Vista Drive, turn east to lot #20 on the north side.
  • Lot Size Acres: 4.43
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: The Peak
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: 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: 545.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-607-9700
  • HOA Transfer Fee: 1500.0
  • Association Fee: 545.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Peak
  • Phone: 480-607-9700
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: 330x660
  • Lot Size Sq Ft: 192837.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 217-06-069
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4961.0
  • Tax Book Number: 217.00
  • Tax Lot: 20
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2022
Sold by
Hatherly John A and Hatherly Christina S
Bought by
Hatherly Bluebird Living Trust
Total Days on Market
199
Current Estimated Value
$2,193,485

Purchase Details

Listed on
Oct 6, 2015
Closed on
Apr 22, 2016
Sold by
Estancia Castle Llc
Bought by
Hatherly Christina
Seller's Agent
Tricia Cormie
Russ Lyon Sotheby's International Realty
Buyer's Agent
Tricia Cormie
Russ Lyon Sotheby's International Realty
List Price
$1,325,000
Sold Price
$975,000
Premium/Discount to List
-$350,000
-26.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%

Purchase Details

Closed on
Apr 5, 2011
Sold by
Beatty James and Beatty Stephanie
Bought by
Estancia Castle Llc

Purchase Details

Closed on
Jan 27, 2005
Sold by
North Peak Development Llc
Bought by
Beatty James and Beatty Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1999
Sold by
L H Beardsley Investments Ltd Prtnrship
Bought by
North Peak Development Llc

Purchase Details

Closed on
Apr 7, 1999
Sold by
Fiduciary Trust Company
Bought by
L H Beardsley Investments Ltd Prtnrshp

Purchase Details

Closed on
Aug 31, 1998
Sold by
Barsano Edward J and Barsano Jeanne C
Bought by
Stern Lessing S

Purchase Details

Closed on
Feb 18, 1997
Sold by
Farnam Realty Inc
Bought by
Barsano Edward J and Barsano 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
$204,000
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 1994
Sold by
Farnam Companies Inc
Bought by
Farnam Realty Inc
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
Hatherly Bluebird Living Trust -- --
Hatherly John A -- --
Hatherly Christina $975,000 Fidelity Natl Title Agency I
Estancia Castle Llc -- Accommodation
Beatty James $1,200,000 Fidelity National Title
North Peak Development Llc $480,000 --
L H Beardsley Investments Ltd Prtnrshp $480,000 Fidelity Title
Stern Lessing S $395,000 Security Title Agency
Barsano Edward J $255,000 Security Title Agency
Farnam Realty Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beatty James $1,200,000
Previous Owner Barsano Edward J $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $975,000 -26.4% --
04/21/2016 04/21/16 Pending -- -- --
10/05/2015 10/05/15 For Sale $1,325,000 -- --
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 $5,533 $100,465 $100,465 --
2024 $5,292 $95,681 $95,681 --
2023 $5,292 $155,130 $155,130 $0
2022 $5,098 $112,155 $112,155 $0
2021 $5,535 $109,305 $109,305 $0
2020 $5,437 $94,665 $94,665 $0
2019 $5,274 $90,930 $90,930 $0
2018 $5,129 $89,145 $89,145 $0
2017 $4,940 $91,230 $91,230 $0
2016 $4,918 $91,470 $91,470 $0
2015 $4,961 $86,960 $86,960 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5344334

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-06-069