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8731 East Buena Terra Way

8731 East Buena Terra Way, Scottsdale, AZ 85250
Property in South Scottsdale
Sold Feb 07, 2022
$775,000
$581,250 by Ladera Lending Inc
Mortgage Due Mar 01, 2052
Sold Jul 13, 2021
$539,900
$510,000 by Boomerang Acceptance Llc
Mortgage
Local assessors in Scottsdale, AZ have categorized 8731 East Buena Terra Way as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 6,853 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8731 East Buena Terra Way has a total of 1,601 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of block were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8731 East Buena Terra Way was last sold in Feb 1, 2022 for $775,000. According to our calculations, that's $484.07 per sqft. Prior to that sales transaction, the property was sold for $539,900 in Jul 8, 2021. Current property owners are expected to pay $1,704 in taxes per year. The property on 8731 East Buena Terra Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $45,510. To break that down further, the land itself was valued at $9,100. While improvements to the property were assessed at a total of $36,410. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Venner Exterior

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,853
  • Total Building Area: 1,601
  • Gross Building Area: 1,601
  • Building Area: 1,601
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,601
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK SCOTTSDALE 3 LOTS 551-620
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK SCOTTSDALE 3 LOTS 551-620 MCR 95/15

Ownership

  • Current Owner : BARRETT FAMILY TRUST
  • Previous Owner : OHANA43 LLC
  • Owner Before Previous Owner: BLACK CANYON EQUITY LLC
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 217002

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 9515
  • Parcel: 173-71-046
  • Lot: 438
  • Meridian: SEC 13 TWN 2N RNG 4E
  • Municipality: SCOTTSDALE
  • Latitude: 33.5179
  • Longitude: -111.893

    Address

  • Full Address: 8731 E Buena Terra Way
  • Address - House Number: 8731
  • Street Direction: E
  • Address - Street Name: Buena Terra
  • Address - Suffix Type: Way
  • State: AZ
  • City Name: Scottsdale
  • Carrier Code: C002
  • 4-Digit Zip Code: 6726
  • Zip Code: 85250

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,704
  • Tax Rate Code Area: 481400

    Appraisal Valuation

  • Standard Deviation: 0.1482
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 735,914
  • High Value: 845,000
  • Low Value: 626,827

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $581,250
  • First Open Lien Mortgage Lender: LADERA LENDING INC
  • First Open Lien Mortgage Recording Date: Feb 07, 2022
  • First Open Lien Mortgage Loan Amount: $581,250
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $455,100
  • Market Land Value: $91,000
  • Market Improvement Value: $364,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,510
  • Assessed Land Value: $9,100
  • Assessed Improvements Value: $36,410

    Sales

  • Current Sale Contract Date: Feb 01, 2022
  • Current Sale Recording Date: Feb 07, 2022
  • Current Sale Transaction ID: 11879188726
  • Current Sale Price: $775,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 114236
  • Previous Sale Recording Date: Jul 13, 2021
  • Previous Sale Contract Date: Jul 08, 2021
  • Previous Sale Amount: $539,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LADERA LENDING INC
  • First Mortgage Transaction Date: Feb 07, 2022
  • First Mortgage Loan Amount: $581,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BOOMERANG ACCEPTANCE LLC
  • Previous Mortgage Transaction Date: Jul 13, 2021
  • Previous Mortgage Loan Amount: $510,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

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Frequently Asked Questions

What neighborhood is 8731 East Buena Terra Way located in?
The 8731 East Buena Terra Way is a located in the neighborhood of South Scottsdale in South Scottsdale, Scottsdale.
What is the average sales price for listings in 8731 East Buena Terra Way?
The average sales price for units in 8731 East Buena Terra Way is $0 currently.

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