NOT LISTED FOR SALE

9858 E Gray Rd Unit 2 Scottsdale, AZ 85260

Horizons Neighborhood

Estimated Value: $1,848,525 - $1,982,000

4 Beds
4 Baths
4,150 Sq Ft
$463/Sq Ft Est. Value

Last Sold March 19, 2012

Last sale price $650,000 $157 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $10,633/month

56 Days on Market

Highlights

  • Private Pool
  • Sitting Area In Primary Bedroom
  • Mountain View
  • Redfield Elementary School Rated A
  • Gated Community
  • Fireplace in Primary Bedroom

About This Home

As of March 2012

Breathtaking 4 bedroom, 3.5 bathroom home! Walk in to the soaring high ceilings leading to the oversized living room with cozy fireplace! Travertine flooring throughout! Gourmet kitchen with island and granite slab countertops, gas cooktop, ss appliances, and custom cabinets! Oversized 3 car garage with A/C unit! Exterior features amazing Mountain views and Paddock swimming pool with water features. This property is a MUST SEE!

Last Agent to Sell the Property

Hillary Nguyen

Desert Point Realty License #BR541530000 Listed on: 12/13/2011

Co-Listed By

Jason Nguyen

Desert Point Realty License #SA637444000

Last Buyer's Agent

Yalahanka Raghavendra

HomeSmart License #SA570818000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,282

Year Built

  • Built in 2005

Lot Details

  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Desert Landscape
  • Private Yard

Parking

  • 3 Car Garage

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,150 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • Formal Dining Room
  • Mountain Views
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • 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
  • Washer and Dryer Hookup

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

  • Desert Canyon Elementary Middle School
  • Desert Mountain Elementary High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas

Additional Features

  • No Interior Steps
  • North or South Exposure

Community Details

Overview

  • $4,787 per year Dock Fee
  • Association fees include common area maintenance
  • Madrid HOA, Phone Number (480) 551-4300
  • Built by Maritage Homes

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,282

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Tax Municipality: Maricopa - COUNTY
  • Cross Street: Tunderbird & Frank Lloyd Wright
  • Legal Info Lot Number: 2
  • Property Type: A
  • Unit Style: All on One Level
  • Assessor Parcel Number: 736.00
  • Hundred Block: 14100
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst, Mstr Bdrm Sitting Rm, Othr Bdr Walkin Clst, Separate Bdrm Exit
  • Architecture: Territorial/Santa Fe
  • Assessor Parcel Number: 217-50-736
  • HOA Association Fee: 467.00
  • HOA Name: Madrid HOA
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 480-551-4300
  • HOA Fees: Y
  • Total Monthly Fee Equivalent: 116.75
  • Construction Finish: Painted, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 43.5FRDXPQ3G
  • Energy Green Features: Multi-Zones
  • Map Code Grid: L38
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 3.00
  • Parking Spaces Total Covered Spaces: 3.00
  • Price per Sq Ft: 156.63
  • Property Group Id: 19990816212109142258000000
  • Year Built: 2005
  • Tax Year: 2010
  • Directions: From Thompson Peak go East on Frank Lloyd Wright, North on Gray to madrid gate.
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Vaulted Ceiling(s)
  • Bedrooms: 4
  • Bedrooms Plus: 4.00
  • Other Rooms: Family Room, Guest Qtrs-Sep Entrn
  • Bathrooms: 3.50
  • Laundry: Inside, Wshr/Dry HookUp Only
  • Flooring: Carpet, Tile
  • Fireplace: 2 Fireplace, Fireplace Family Rm, Fireplace Master Bdr, Gas Fireplace
  • Master Bedroom Type: Split
  • Dining Area: Eat-in Kitchen, Formal
  • Estimated Lot Sq Ft: 14539.00
  • Estimated Sq Ft: 4150.00
  • Kitchen Features: Granite Countertops, Kitchen Island, Pantry, Range/Oven Gas
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Pool: Private Only
  • Landscaping: Desert Back, Desert Front
  • Roofing: Tile
  • Fencing: Block, Wrought Iron
  • Construction: Frame - Wood
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Pvt Yrd(s)/Crtyrd(s)
  • Pool Private: Private

Garage/Parking

  • Parking Features: Attch'd Gar Cabinets

Utilities

  • Water: City Water
  • Utilities: APS, SW Gas
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas

Condo/Co-op/Association

  • Services: City Services
  • Community Features: Gated Community
  • Fee Include: Common Area Maint

Schools

  • Middle School: Desert Canyon Elementary
  • High School: Desert Mountain Elementary
  • High School: Desert Mountain Elementary
  • Jr High School: Desert Canyon Elementary

Lot Info

  • Property Description: Cul-De-Sac Lot, Mountain View(s), North/South Exposure

Building Info

  • Builder Name: Maritage Homes

Tax Info

  • Taxes: 4786.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2011
Closed on
Feb 21, 2012
Sold by
The Bank Of New York Mellon
Bought by
Kolpuru Swati and Kolpuru Suresh
Seller's Agent
Hillary Nguyen
Desert Point Realty
Buyer's Agent
Yalahanka Raghavendra
HomeSmart
List Price
$742,900
Sold Price
$650,000
Premium/Discount to List
-$92,900
-12.51%
Current Estimated Value
$1,922,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,272,631
Avg. Annual Appreciation
8.33%
Original Mortgage
$417,000
Outstanding Balance
$271,363
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,651,268

Purchase Details

Closed on
Aug 15, 2011
Sold by
Assadi Masoud and Assadi Behjat
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 28, 2005
Sold by
Meritage Homes Of Arizona Inc
Bought by
Assadi Masoud and Assadi Behjat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,250
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2004
Sold by
Taro Properties Arizona I Llc
Bought by
Meritage Homes Construction Inc
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
Kolpuru Swati $650,000 Security Title Agency
The Bank Of New York Mellon $616,500 First American Title
Assadi Masoud $766,354 First American Title Ins Co
Meritage Homes Of Arizona Inc -- First American Title Ins Co
Meritage Homes Construction Inc $2,171,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolpuru Swati $417,000
Previous Owner Assadi Masoud $646,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2012 03/19/12 Sold $650,000 -10.7% $157 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
01/03/2012 01/03/12 Price Changed $728,100 -2.0% $175 / Sq Ft
12/13/2011 12/13/11 For Sale $742,900 -- $179 / 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 $5,282 $100,671 -- --
2024 $6,733 $95,877 -- --
2023 $6,733 $112,770 $22,550 $90,220
2022 $6,388 $91,200 $18,240 $72,960
2021 $6,787 $88,130 $17,620 $70,510
2020 $6,727 $83,470 $16,690 $66,780
2019 $7,092 $80,910 $16,180 $64,730
2018 $5,686 $78,480 $15,690 $62,790
2017 $5,420 $80,010 $16,000 $64,010
2016 $5,303 $73,250 $14,650 $58,600
2015 $5,019 $71,260 $14,250 $57,010
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2012

    Hillary Nguyen

    Desert Point Realty

    (602) 326-7460

    2 Total Sales

    Hillary Nguyen
    Section Image

  • J

    Seller Co-Listing Agent in 2012

    Jason Nguyen

    Desert Point Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4688791

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-50-736

Arizona Maricopa County Scottsdale 85260 Horizons

9858 E Gray Rd Unit 2, Scottsdale, AZ

This home is located at 9858 E Gray Rd Unit 2, Scottsdale, AZ 85260 since 13 December 2011 and is currently estimated at $1,922,631, approximately $463 per square foot. This property was built in 2005. 9858 E Gray Rd Unit 2 is a home located in Maricopa County with nearby schools including Redfield Elementary School, Desert Canyon Middle School, and Desert Mountain High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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