NOT LISTED FOR SALE

9988 E Aleka Way Unit 346 Scottsdale, AZ 85262

Estimated Value: $1,536,000 - $2,723,000

0.97 Acre
$2,167,698 Price per Acre
42,253 Sq Ft Lot

Last Sold September 21, 2020

Last sale price $155,000

Est. 1,257% increase in value since last sale

Current estimated payment $12,503/month

83 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Corner Lot
  • Black Mountain Elementary School Rated A-
  • City Lights View
  • Property is near a golf course

About This Lot

As of September 2020

MOTIVATED SELLER...YOU CAN BUILD YOUR DREAM HOME.....Amazing view corridors to Black Mountain to the West and the Continental Mountains to the North. You will enjoy beautiful Arizona sunsets year round. This corner lot (Aleka Way and Mirabel Club Drive) is located in the guard gated Mirabel Community in North Scottsdale. The elevated bulding envelope is 16,663 sq. ft. Must see to appreciate the opportunity that is here. The home to the West, located at 9964 E. Aleka is on 2 lots that are tied together, providing this lot with privacy and unobstructed views to the West. Site plan under documents tab. A great value for a one acre lot located in the Mirabel Community. Minutes away from the downtown areas of Carefree and CAve Creek. Close to golf, hiking, biking and boating too.

Last Agent to Sell the Property

Dawn Dickinson

Russ Lyon Sotheby's International Realty License #BR522344000 Listed on: 05/14/2020

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Dina De Acetis-Francis

HomeSmart License #SA020639000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $898

Lot Details

  • 0.97 Acre Lot
  • Corner Lot
  • Property is zoned R1-43

HOA Fees

  • $330 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Additional Features

  • North or South Exposure
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 346
  • Assessor Parcel Number 219-62-452

Community Details

Overview

  • Mirabel Community Association, Phone Number (480) 595-8274
  • Mirabel Club Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$898

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Cross Street: CAVE CREEK RD. & MIRABEL CLUB DRIVE
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R1-43
  • Tax Year: 2019
  • Directions: EAST ON CAVE CREEK ROAD TO MIRABEL SECURITY GUARD ENTRANCE ON RIGHT. ASK GUARD FOR DIRECTIONS TO LOT 346 / 9988 E. ALEKA WAY.
  • Lot Size Acres: 0.97
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: MIRABEL CLUB
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: Golf Course Subd, Corner Lot, Dual Street Ftg, City Light View(s), Mountain View(s), Gated Community, Guarded Entry, North/South Exp, Adjacent to Wash
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 990.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 4805958274
  • HOA Transfer Fee: 400.0
  • Association Fee: 990.0
  • Association Fee Frequency: Quarterly
  • Association Name: MIRABEL COMMUNITY
  • Phone: 480-595-8274
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRREGULAR
  • Lot Size Sq Ft: 42354.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-62-452
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 898.0
  • Tax Book Number: 219.00
  • Tax Lot: 346
  • Tax Map Number: 62.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
Kuo Karl and Kuo Kim
Bought by
Kuo Karl Tung Ho and Kuo Kimberley Sue
Total Days on Market
83
Current Estimated Value
$2,102,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Outstanding Balance
$1,792,244
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$62,089

Purchase Details

Listed on
May 14, 2020
Closed on
Sep 17, 2020
Sold by
Aardvark Art Llc
Bought by
Kuo Karl and Kuo Kim
Seller's Agent
Dawn Dickinson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Dina De Acetis-Francis
HomeSmart
List Price
$169,000
Sold Price
$155,000
Premium/Discount to List
-$14,000
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.75%

Purchase Details

Listed on
Oct 1, 2016
Closed on
May 1, 2017
Sold by
Patel Ravindra and Patel Manju
Bought by
Aardvark Art Llc
Seller's Agent
Robert Lomax
Mirabel Properties
Buyer's Agent
Kimberly Frederick
HomeSmart Premier
List Price
$150,000
Sold Price
$100,000
Premium/Discount to List
-$50,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%

Purchase Details

Closed on
Oct 4, 2004
Sold by
Terrebrook Mirabel Llc
Bought by
Patel Ravindra and Patel Manju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.62%
Mortgage Type
New Conventional
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
Kuo Karl Tung Ho -- Driggs Title Agency Inc
Kuo Karl $155,000 Chicago Title Agency
Aardvark Art Llc $100,001 First American Title Insuran
Patel Ravindra $275,000 Grand Canyon Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuo Karl Tung Ho $1,920,000
Previous Owner Patel Ravindra $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $155,000 -3.1% --
08/02/2020 08/02/20 Pending -- -- --
07/27/2020 07/27/20 Price Changed $159,999 -3.0% --
06/18/2020 06/18/20 Price Changed $164,999 -2.4% --
05/11/2020 05/11/20 For Sale $169,000 +69.0% --
05/09/2017 05/09/17 Sold $100,000 -33.3% --
04/30/2017 04/30/17 Pending -- -- --
10/01/2016 10/01/16 For Sale $150,000 -- --
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 $4,444 $95,185 -- --
2024 $901 $90,653 -- --
2023 $901 $29,925 $29,925 $0
2022 $868 $19,050 $19,050 $0
2021 $943 $30,495 $30,495 $0
2020 $926 $30,555 $30,555 $0
2019 $898 $25,335 $25,335 $0
2018 $874 $29,205 $29,205 $0
2017 $841 $30,360 $30,360 $0
2016 $838 $30,300 $30,300 $0
2015 $845 $19,840 $19,840 $0
Source: Public Records

Agents Affiliated with this Home

  • Dawn Dickinson

    Seller's Agent in 2020

    Dawn Dickinson

    Russ Lyon Sotheby's International Realty

    (480) 363-0175

    45 Total Sales

    Dawn Dickinson
    Section Image
  • Robert Lomax

    Seller's Agent in 2017

    Robert Lomax

    Mirabel Properties

    (602) 920-7192

    134 Total Sales

    Robert Lomax
    Section Image

  • K

    Buyer's Agent in 2017

    Kimberly Frederick

    HomeSmart Premier

    (973) 248-7626

    57 Total Sales

    Kimberly Frederick
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6077800

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-62-452

Arizona Maricopa County Scottsdale 85262

9988 E Aleka Way Unit 346, Scottsdale, AZ

This home is located at 9988 E Aleka Way Unit 346, Scottsdale, AZ 85262 since 14 May 2020 and is currently estimated at $2,102,667. 9988 E Aleka Way Unit 346 is a home located in Maricopa County with nearby schools including Black Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle 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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