Check Availability

7877 East Balao Drive

7877 East Balao Drive, Scottsdale, AZ 85266
Property in Bellasera
Sold Oct 01, 2020
$1,035,000
$500,000 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2050
Sold Dec 23, 2005
$1,130,000
$900,000 by The Citizens State Bank Of Cor
Mortgage Due Dec 14, 2015
7877 East Balao Drive has been categorized by the local assessors in Scottsdale, AZ as a residential type of property. The building on the property was first built in 2001 and is 23 years old. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7877 East Balao Drive has 3,158 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 16,047 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of concrete. The exterior walls of the building are made of wood. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it 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, 7877 East Balao Drive sold most recently in Sep 21, 2020 for a total of $1,035,000. If you work out the math, that's approximately a cost of $327.74 per sqft. Before that, the property was also sold for $1,130,000 in Nov 14, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,698 in taxes each year. 7877 East Balao Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $89,800. If we break it down further, the land itself was valued at $17,960. Improvements to the property, however, were assessed at a total of $71,840. 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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • 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: 16,047
  • Total Building Area: 3,158
  • Gross Building Area: 3,158
  • Building Area: 3,158
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,158
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARCEL E AT BELLASERA
  • Land Acres: 0.368
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARCEL E AT BELLASERA MCR 444-42

Ownership

  • Current Owner : SMITH JOHN D
  • Current Owner 2: SMITH BEVERLY M
  • Previous Owner : SEARLE CHARLES S
  • Previous Owner 2: SEARLE JULIA P
  • Owner Before Previous Owner: DALE STEVEN WAYNE
  • Owner Before Previous Owner 2: DALE SHARON KAY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Cave Creek Unified District
  • Census Tract: 216822

Zoning

  • Zoning: R1-18

Geography

  • Assessors Map Reference: 44442
  • Parcel: 216-66-683
  • Lot: 12
  • Meridian: SEC 23 TWN 5N RNG 4E
  • Municipality: SCOTTSDALE
  • Latitude: 33.7663
  • Longitude: -111.911

    Address

  • Full Address: 7877 E Balao Dr
  • Address - House Number: 7877
  • Street Direction: E
  • Address - Street Name: Balao
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Scottsdale
  • Carrier Code: R050
  • 4-Digit Zip Code: 2780
  • Zip Code: 85266

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,698
  • Tax Rate Code Area: 931400

    Appraisal Valuation

  • Standard Deviation: 0.1489
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 1,425,109
  • High Value: 1,637,325
  • Low Value: 1,212,892

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $898,000
  • Market Land Value: $179,600
  • Market Improvement Value: $718,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,800
  • Assessed Land Value: $17,960
  • Assessed Improvements Value: $71,840

    Sales

  • Current Sale Contract Date: Sep 21, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Transaction ID: 11789984979
  • Current Sale Price: $1,035,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200934824
  • Previous Sale Recording Date: Dec 23, 2005
  • Previous Sale Contract Date: Nov 14, 2005
  • Previous Sale Amount: $1,130,000
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 01, 2020
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: THE CITIZENS STATE BANK OF COR
  • Previous Mortgage Transaction Date: Dec 23, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $900,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Dec 14, 2015

About Pinnacle Peak



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7877 East Balao Drive located in?
The 7877 East Balao Drive is a located in the neighborhood of Bellasera in Pinnacle Peak, Scottsdale.
What is the average sales price for listings in 7877 East Balao Drive?
The average sales price for units in 7877 East Balao Drive is $0 currently.

Quantcast