See Home Value
$4,177,878*
House - Off Market

42237 N 112TH Place

Scottsdale, AZ 85262
bedrooms
4 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
7572 Sqft
$2,700,000 - $3,300,000
Reference Base Price*
39.26%
Since Jan 1, 2021
AZ-Phoenix
Primary Model
Sold Jan 08, 2021
$2,800,000
$1,960,000 by Bank Of America Na
Mortgage Due Feb 01, 2051

About This Property

Amazing VIEWS from this Desert Contemporary home perched high in the Apache Peak Village in exclusive guard-gated community of Desert Mountain. This home exudes ''Welcome Home'' from the moment you step inside with striking views of the Valley of the Sun's magnificent sunsets and city lights. A 2nd floor addition, added in 2004, has elevator access, an impressive office/library with beautiful birds eye views, Full size Home Theater that comfortably seats 18 plus guests and includes a well-equipped kitchenette. Outdoor entertaining offers an Expansive 1,111 Sq.Ft patio with many areas for dining, sun bathing, enjoying conversations and TV viewing by a two-sided fireplace. A negative edge pool and spa that share a boulder waterfall feature are perfect accents to the sweeping views beyond

The manager has listed the unit size as 7572 square feet.
Unit Size
7,572Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$396
Property Type
House
Property Taxes
$12,162
HOA Dues
-
Year Built
1995

Price History

Date / Event Date Event Price
Jan 8, 2021 Sold to Lila Sitaram, Muralidhar K ... $2,800,000
Sold to Lila Sitaram, Muralidhar K ...
Dec 22, 2020 No longer available -
No longer available
Nov 8, 2020 Relisted $3,000,000
Relisted
Nov 7, 2020 No longer available -
No longer available
May 7, 2020 Relisted $3,000,000
Relisted
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 0
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Bathroom Plumbing Fixtures: 24
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 53,145
  • Total Building Area: 7,397
  • Gross Building Area: 7,397
  • Building Area: 7,397
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 7,397
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DESERT MOUNTAIN APACHE PEAK PART TWO-A
  • Land Acres: 1.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DESERT MOUNTAIN APACHE PEAK PART TWO-A MCR 360-28

Ownership

  • Current Owner : SITARAM MURALIDHAR K
  • Current Owner 2: SITARAM LILA
  • Previous Owner : SCHRAGE PAUL D
  • Previous Owner 2: SCHRAGE JANET C
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cave Creek Unified District
  • Census Tract: 010102

Zoning

  • Zoning: R-35

Geography

  • Assessors Map Reference: 36028
  • Parcel: 219-13-023
  • Lot: 75
  • Meridian: SEC 15 TWN 6N RNG 5E
  • Municipality: SCOTTSDALE
  • Latitude: 33.8689
  • Longitude: -111.839

    Address

  • Full Address: 42237 N 112th Pl
  • Address - House Number: 42237
  • Street Direction: N
  • Address - Street Name: 112th
  • Address - Suffix Type: Pl
  • State: AZ
  • City Name: Scottsdale
  • Carrier Code: R094
  • 4-Digit Zip Code: 3253
  • Zip Code: 85262

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,093
  • Tax Rate Code Area: 931400

    Appraisal Valuation

  • Standard Deviation: 0.1047
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 89
  • Final Value: 3,647,364
  • High Value: 4,029,472
  • Low Value: 3,265,256

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,960,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jan 08, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,960,000
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $2,501,100
  • Market Land Value: $500,200
  • Market Improvement Value: $2,000,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,110
  • Assessed Land Value: $50,020
  • Assessed Improvements Value: $200,090

    Sales

  • Current Sale Contract Date: Dec 23, 2020
  • Current Sale Recording Date: Jan 08, 2021
  • Current Sale Transaction ID: 11811008631
  • Current Sale Price: $2,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210023469

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jan 08, 2021
  • First Mortgage Loan Amount: $1,960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
5 Baths
6,217 ft²
$402/ft²
$2,500,000 Oct 3, 2023
-
$2,637/mo
Other
Loft
5 Baths
5,253 ft²
$570/ft²
$2,995,000 Sep 14, 2023
-
$2,790/mo
Other
Loft
6 Baths
4,569 ft²
$733/ft²
$3,350,000 Nov 10, 2023
-
$2,404/mo
Other
Loft
3 Baths
3,397 ft²
$734/ft²
$2,495,000 Jan 16, 2024
-
$2,575/mo

About Pinnacle Peak


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Nearby Rentals



Frequently Asked Questions

When was property at 42237 North 112th Place built and last sold?
The property at 42237 North 112th Place was built in 1995 and last sold on Dec 23, 2020 for $2,800,000.
How much is this home worth?
The estimated value of the home located at 42237 North 112th Place is $3,041,414.
What are some comparable homes to 42237 North 112th Place?
There are currently no comparable homes to 42237 North 112th Place.

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