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11431 East Terra Drive

11431 East Terra Drive, Scottsdale, AZ 85259
Property in Stonegate
Sold Oct 28, 1999
$447,000
$400,000 by V I P Mortgage Inc
Mortgage Due Nov 01, 2050
Sold Sep 17, 1997
$368,000
$257,600 by Guild Mortgage Company
Mortgage Due Oct 01, 2027
11431 East Terra Drive in Scottsdale, AZ was first built in 1996 and is 28 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 11431 East Terra Drive has 3,049 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,936 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of tile. Water for the property is sourced from a water system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11431 East Terra Drive sold most recently in Oct 4, 1999 for a total of $447,000. If you work out the math, that's approximately a cost of $146.61 per sqft. Before that, the property was also sold for $368,000 in Jul 29, 1997. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,823 in taxes each year. 11431 East Terra Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $91,610. If we break it down further, the land itself was valued at $18,320. Improvements to the property, however, were assessed at a total of $73,290. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,936
  • Total Building Area: 3,049
  • Gross Building Area: 3,049
  • Building Area: 3,049
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,049
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARCEL 2B AT STONEGATE REPLAT L 1-5 8-37
  • Land Acres: 0.297
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARCEL 2B AT STONEGATE REPLAT L 1-5 8-37 39-58 A-E MCR 340-05

Ownership

  • Current Owner : COSTANZO THOMAS L
  • Current Owner 2: COSTANZO JILL A
  • Previous Owner : PAPPAS JOHN W
  • Previous Owner 2: PAPPAS SHELLEY S
  • Owner Before Previous Owner: SELVEL SALES & SERVICES SA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 216809

Zoning

  • Zoning: R-18

Geography

  • Assessors Map Reference: 34005
  • Parcel: 217-33-557
  • Lot: 3
  • Meridian: SEC 27 TWN 3N RNG 5E
  • Municipality: SCOTTSDALE
  • Latitude: 33.5701
  • Longitude: -111.833

    Address

  • Full Address: 11431 E Terra Dr
  • Address - House Number: 11431
  • Street Direction: E
  • Address - Street Name: Terra
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Scottsdale
  • Carrier Code: R031
  • 4-Digit Zip Code: 5832
  • Zip Code: 85259

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,823
  • Tax Rate Code Area: 481400

    Appraisal Valuation

  • Standard Deviation: 0.1329
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 1,386,838
  • High Value: 1,571,154
  • Low Value: 1,202,523

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: V I P MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 28, 2020
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $916,100
  • Market Land Value: $183,200
  • Market Improvement Value: $732,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,610
  • Assessed Land Value: $18,320
  • Assessed Improvements Value: $73,290

    Sales

  • Current Sale Contract Date: Oct 04, 1999
  • Current Sale Recording Date: Oct 28, 1999
  • Current Sale Transaction ID: 1003014966
  • Current Sale Price: $447,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 99-0994553
  • Previous Sale Recording Date: Sep 17, 1997
  • Previous Sale Contract Date: Jul 29, 1997
  • Previous Sale Amount: $368,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANKUSA FSB
  • First Mortgage Transaction Date: Oct 28, 1999
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Nov 01, 2029

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUILD MORTGAGE COMPANY
  • Previous Mortgage Transaction Date: Sep 17, 1997
  • Previous Mortgage Loan Amount: $257,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2027

About Central Scottsdale



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,695 /mo

  • 4 Beds
  • 2 Baths
  • 1,686 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 11431 East Terra Drive located in?
The 11431 East Terra Drive is a located in the neighborhood of Stonegate in Central Scottsdale, Scottsdale.
What is the average sales price for listings in 11431 East Terra Drive?
The average sales price for units in 11431 East Terra Drive is $0 currently.

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