8698 East Raintree Drive

8698 East Raintree Drive has been categorized by the local assessors in Scottsdale, AZ as a commercial type of property. The building on the property was first built in 2004 and is 20 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 117,680 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. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". 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 concrete control joints. In terms of heating, it is utilizing a heat pump. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 8698 East Raintree Drive sold most recently in Aug 31, 2018 for a total of $8,000,000. If you work out the math, that's approximately a cost of $275.40 per sqft. Before that, the property was also sold for $3,200,000 in Dec 18, 2012. 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 $87,989 in taxes each year. 8698 East Raintree Drive was most recently assessed in 2019. During this assessment, the property's total value was estimated to be about $876,006. If we break it down further, the land itself was valued at $405,198. Improvements to the property, however, were assessed at a total of $470,808. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.