See Home Value
$1,772,418*
House - Off Market

11516 E MARK Lane

Scottsdale, AZ 85262
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5486 Sqft
$1,553,000 - $1,897,000
Reference Base Price*
2.75%
Since Feb 1, 2022
AZ-Phoenix
Primary Model
Sold Jan 31, 2022
$1,675,000
$1,423,750 by Bank Of England
Mortgage Due Feb 01, 2052
Sold Aug 31, 2021
$1,575,000
$1,338,750 by Angel Oak Mortgage Solutions L
Mortgage Due Sep 01, 2051

About This Property

Welcome to this 5486 sq ft home that sits on a large 3/4 arcre lot. This 5 bedroom home features a very open layout allowing for plenty of natural light.  With expansive ceilings, the downstairs features the master bedroom and 2 other bedrooms. Upstairs you will find a living area along with 2 large bedrooms and a jack & Jill bathroom that are perfect for kids or guests. This custom home has tons of features including a heated pool and spa, wine room, built in BBQ, covered front patio, large lot, tall ceilings, huge kitchen, privacy, cul de sac lot, putting green, and a large 4-car garage.

The manager has listed the unit size as 5486 square feet.
Unit Size
5,486Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$314
Property Type
House
Property Taxes
$596
HOA Dues
-
Year Built
1999

Price History

Date / Event Date Event Price
Jan 31, 2022 Sold to Brandy L Drey, Brian F Drey $1,675,000
Sold to Brandy L Drey, Brian F Drey
Jan 28, 2022 No longer available -
No longer available
Jan 6, 2022 Price Decreased $1,725,000
↓ $20K (1.2%)
Price Decreased
Dec 17, 2021 Price Decreased $1,744,999
↓ $5K (0.3%)
Price Decreased
Dec 11, 2021 Price Decreased $1,750,000
↓ $40K (2.2%)
Price Decreased
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 33,456
  • Total Building Area: 5,486
  • Gross Building Area: 5,486
  • Building Area: 5,486
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,486
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DESERT CROWN 3
  • Land Acres: 0.768
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DESERT CROWN 3 MCR 414-03

Ownership

  • Current Owner : DREY BRIAN F
  • Current Owner 2: DREY BRANDY L
  • Previous Owner : SANTILLO
  • Previous Owner 2: MATTHEW
  • Owner Before Previous Owner: WADE MICHAEL A
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Cave Creek Unified District
  • Census Tract: 216829

Zoning

  • Zoning: R-43

Geography

  • Assessors Map Reference: 41403
  • Parcel: 216-74-112
  • Lot: 40
  • Meridian: SEC 27 TWN 5N RNG 5E
  • Municipality: SCOTTSDALE
  • Latitude: 33.7432
  • Longitude: -111.832

    Address

  • Full Address: 11516 E Mark Ln
  • Address - House Number: 11516
  • Street Direction: E
  • Address - Street Name: Mark
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Scottsdale
  • Carrier Code: R112
  • 4-Digit Zip Code: 4717
  • Zip Code: 85262

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,525
  • Tax Rate Code Area: 931400

    Appraisal Valuation

  • Standard Deviation: 0.1368
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 2,132,159
  • High Value: 2,423,898
  • Low Value: 1,840,420

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,423,750
  • First Open Lien Mortgage Lender: BANK OF ENGLAND
  • First Open Lien Mortgage Recording Date: Jan 31, 2022
  • First Open Lien Mortgage Loan Amount: $1,423,750
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $1,623,300
  • Market Land Value: $324,600
  • Market Improvement Value: $1,298,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,330
  • Assessed Land Value: $32,460
  • Assessed Improvements Value: $129,870

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Jan 31, 2022
  • Current Sale Transaction ID: 11878767565
  • Current Sale Price: $1,675,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 92434
  • Previous Sale Recording Date: Aug 31, 2021
  • Previous Sale Contract Date: Aug 24, 2021
  • Previous Sale Amount: $1,575,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF ENGLAND
  • First Mortgage Transaction Date: Jan 31, 2022
  • First Mortgage Loan Amount: $1,423,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: ANGEL OAK MORTGAGE SOLUTIONS L
  • Previous Mortgage Transaction Date: Aug 31, 2021
  • Previous Mortgage Loan Amount: $1,338,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3.5 Baths
3,754 ft²
$372/ft²
$1,398,000 Jan 6, 2023
-
$267/mo
House
4 Beds
3 Baths
3,719 ft²
$390/ft²
$1,450,000 Feb 2, 2023
-
$832/mo
House
3 Beds
3 Baths
3,045 ft²
$542/ft²
$1,650,000 Jun 21, 2022
-
$495/mo

About Pinnacle Peak


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Frequently Asked Questions

When was property at 11516 East Mark Lane built and last sold?
The property at 11516 East Mark Lane was built in 1999 and last sold on Jan 21, 2022 for $1,675,000.
How much is this home worth?
The estimated value of the home located at 11516 East Mark Lane is $1,729,129.
What are some comparable homes to 11516 East Mark Lane?
There are currently no comparable homes to 11516 East Mark Lane.

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