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9874 East Forgotten Hills Drive

9874 East Forgotten Hills Drive, Scottsdale, AZ 85262
Sold Sep 09, 2020
$950,000
$400,000 by Midfirst Bank
Mortgage Due Oct 01, 2050
Sold May 30, 2017
$650,000
9874 East Forgotten Hills 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 2000 and is 24 years old. Residents will have access to 3 full bathrooms. There are 3 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, 9874 East Forgotten Hills Drive has 2,960 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 12,830 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

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 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and 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 A by the local assessor. The roof of the building is made of tile. The exterior walls of the building are made of a combination of material. 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. Finally, the property is currently sourcing its water from a water system. 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. The property was last sold in Aug 19, 2020 for $950,000. That's $320.95 per sqft. Prior to that sales transaction, the property was also sold in May 23, 2017 for $650,000. 9874 East Forgotten Hills Drive was last assessed in 2023. The total value of the property was assessed at $121,260. Specifically, the land the property is located on was valued at $24,250. While improvements on the property were assessed at a total of $97,010. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,168. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Combination
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,830
  • Total Building Area: 2,960
  • Gross Building Area: 2,960
  • Building Area: 2,960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DESERT MOUNTAIN PHASE 2 UNIT 28
  • Land Acres: 0.295
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: DESERT MOUNTAIN PHASE 2 UNIT 28 MCR 482-27

Ownership

  • Current Owner : WILKES MICHAEL A
  • Current Owner 2: WILKES KATRINA L
  • Previous Owner : LANZO JOSEPH
  • Owner Before Previous Owner: BISHOP JAMES O
  • Owner Before Previous Owner 2: BISHOP BONNIE B
  • Ownership Rights Codes: Community Property

Neighborhood

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

Zoning

  • Zoning: RT

Geography

  • Assessors Map Reference: 48227
  • Subdivision Phase Number: 2
  • Parcel: 219-61-123
  • Lot: 37
  • Meridian: SEC 29 TWN 6N RNG 5E
  • Municipality: SCOTTSDALE
  • Latitude: 33.8393
  • Longitude: -111.868

    Address

  • Full Address: 9874 E Forgotten Hills Dr
  • Legal Unit: 28
  • Address - House Number: 9874
  • Street Direction: E
  • Address - Street Name: Forgotten Hills
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Scottsdale
  • Carrier Code: R072
  • 4-Digit Zip Code: 5192
  • Zip Code: 85262

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,168
  • Tax Rate Code Area: 931400

    Appraisal Valuation

  • Standard Deviation: 0.1511
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 81
  • Final Value: 1,700,849
  • High Value: 1,957,909
  • Low Value: 1,443,789

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: MIDFIRST BANK
  • First Open Lien Mortgage Recording Date: Sep 09, 2020
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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: $1,212,600
  • Market Land Value: $242,500
  • Market Improvement Value: $970,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,260
  • Assessed Land Value: $24,250
  • Assessed Improvements Value: $97,010

    Sales

  • Current Sale Contract Date: Aug 19, 2020
  • Current Sale Recording Date: Sep 09, 2020
  • Current Sale Transaction ID: 11786058975
  • Current Sale Price: $950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200840867
  • Previous Sale Recording Date: May 30, 2017
  • Previous Sale Contract Date: May 23, 2017
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDFIRST BANK
  • First Mortgage Transaction Date: Sep 09, 2020
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

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Frequently Asked Questions

What neighborhood is 9874 East Forgotten Hills Drive located in?
The 9874 East Forgotten Hills Drive is a house located in the neighborhood of Desert Mountain in Pinnacle Peak, Scottsdale.
What is the average sales price for listings in 9874 East Forgotten Hills Drive?
The average sales price for units in 9874 East Forgotten Hills Drive is $0 currently.

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