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12867 East Summit Drive

12867 East Summit Drive, Scottsdale, AZ 85259
Property in Sabino Estates
Sold Mar 19, 2021
$1,260,000
$1,000,000 by Homeowners Financial Group Usa
Mortgage Due Apr 01, 2051
Sold Sep 30, 2015
$960,000
$710,000 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2045
12867 East Summit 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 5 full bathrooms. There are 5 partial bathrooms. 12867 East Summit Drive has 4,350 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 15,895 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 concrete. 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, 12867 East Summit Drive sold most recently in Mar 15, 2021 for a total of $1,260,000. If you work out the math, that's approximately a cost of $289.66 per sqft. Before that, the property was also sold for $960,000 in Sep 24, 2015. 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 $5,921 in taxes each year. 12867 East Summit Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $111,950. If we break it down further, the land itself was valued at $22,390. Improvements to the property, however, were assessed at a total of $89,560. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Stone Exterior
Stucco Exterior

Parking

Garage Parking
Open Parking
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: 9
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,895
  • Total Building Area: 4,350
  • Gross Building Area: 4,350
  • Building Area: 4,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,350
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SABINO ESTATES
  • Land Acres: 0.365
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SABINO ESTATES MCR 396-23

Ownership

  • Current Owner : LEWIS ILIA
  • Current Owner 2: LEWIS ANNA
  • Previous Owner : SHAPIRO ROBERT
  • Owner Before Previous Owner: KERLEY JAY O
  • Owner Before Previous Owner 2: KERLEY LISA M
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 216859

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 39623
  • Parcel: 217-42-177
  • Lot: 11
  • Meridian: SEC 24 TWN 3N RNG 5E
  • Municipality: SCOTTSDALE
  • Latitude: 33.5943
  • Longitude: -111.803

    Address

  • Full Address: 12867 E Summit Dr
  • Address - House Number: 12867
  • Street Direction: E
  • Address - Street Name: Summit
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Scottsdale
  • Carrier Code: R013
  • 4-Digit Zip Code: 3536
  • Zip Code: 85259

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,921
  • Tax Rate Code Area: 481400

    Appraisal Valuation

  • Standard Deviation: 0.1329
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 1,636,069
  • High Value: 1,853,508
  • Low Value: 1,418,630

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: HOMEOWNERS FINANCIAL GROUP USA
  • First Open Lien Mortgage Recording Date: Mar 19, 2021
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $1,119,500
  • Market Land Value: $223,900
  • Market Improvement Value: $895,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,950
  • Assessed Land Value: $22,390
  • Assessed Improvements Value: $89,560

    Sales

  • Current Sale Contract Date: Mar 15, 2021
  • Current Sale Recording Date: Mar 19, 2021
  • Current Sale Transaction ID: 11825879178
  • Current Sale Price: $1,260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210308862
  • Previous Sale Recording Date: Sep 30, 2015
  • Previous Sale Contract Date: Sep 24, 2015
  • Previous Sale Amount: $960,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEOWNERS FINANCIAL GROUP USA
  • First Mortgage Transaction Date: Mar 19, 2021
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Sep 30, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $710,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2045

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Frequently Asked Questions

What neighborhood is 12867 East Summit Drive located in?
The 12867 East Summit Drive is a located in the neighborhood of Sabino Estates in North Scottsdale, Scottsdale.
What is the average sales price for listings in 12867 East Summit Drive?
The average sales price for units in 12867 East Summit Drive is $0 currently.

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