Annual Brews Cruise Labor Day Weekend in Old Town Scottsdale

SanTan Brewing Company to Host Annual Labor Day Weekend Brews Cruise in Old Town Scottsdale

Grab your beach cruisers, tricycles or 10 speeds! Don your best bathing suit, scuba gear or speedos and let the fun begin!

The annual San Tan Brewing Company Labor Day Weekend Brews Cruise is coming back to Scottsdale for another fun-filled weekend for Arizona locals. SanTan Brewing Company will be hosting the annual ride once again on Sunday September 6, 2015 with a bike ride beginning at Grimaldi’s at 1pm with pizza and SanTan beer.

After riders enjoy some Grimaldi’s, participants will bike over to Brat Haus and have opportunities to ride on the water slide, then bike to Oregano’s Pizza Bistro and finally enjoy live music and a dunk tank at Boondocks.

Labor Day Weekend in Old Town Scottsdale

Admission for the weekend event will be $25 in advance and day of admission for $30. Admission includes pizza at Grimaldi’s, SanTan beer at each stop, live music; dunk tank, water slide and a water gun battle. Tickets for the event are now available at

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Three “50’s” Corvettes Headed to Barrett-Jackson Scottsdale

Corvette enthusiasts will be heading to Barrett-Jackson Scottsdale this January to enter their bid for one of the very first production examples for the 1955 C1 Corvette, 1956 C1 Corvette and 1957 C1 Corvette, each proudly displaying VIN number 001.

Barrett-Jackson Scottsdale

Established in 1971 and headquartered in Scottsdale, Arizona, Barrett-Jackson, The World’s Greatest Collector Car Auction, is the leader in collector car auctions and automotive lifestyle events. The company produces the World’s Greatest Collector Car Auctions in Scottsdale, AZ, Palm Beach, FL, Reno, NV, and Las Vegas, NV, where hundreds of the world’s most sought after, unique and valuable automobiles cross the block in front of a global audience.

Last year, Barrett-Jackson shattered world records and reached historic high during the Scottsdale auction. Barrett-Jackson recorded more than $130 million in vehicle sales and world record $6.55 million in automotive memorabilia sales, making it the highest auction in sales to date.

Barrett-Jackson is one of the many annual events that is fun for residents and visitors alike.

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Rare Homeownership Opportunity in Scottsdale Ranch’s St Tropez Estates

Scottsdale, AZ 85258
MLS# 5295838
3 beds  |  2 baths  |  2400 sqft

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Property Description
Rarely comes the opportunity to own a property so special & inviting! Located within the desirable community of St. Tropez Estates in Scottsdale Ranch! N/S lot with South backyard that backs to open desert/reservation w/view fencing! Pride of ownership is evident thru-out this immaculate 3 bed, 2 bath home. Enter thru the charming gated brick courtyard to the front entry iron door to an open floor plan of apprx 2,400 sq. ft of bright & beautiful living space. Beautiful remodeled kitchen overlooks family room w/newer Kraftmaid self-closing maple cabinets, large kitchen island, breakfast nook, sink under large window, granite countertops & backsplash, SS appliances & more! Features include 24 x24 travertine flooring, recessed lighting, Trend Setter awnings, formal living w/bay window,Cantera

Contract Information
List Price: 649000
Current Price: 649000
Location, Tax & Legal
Map Code/Grid: M38
House Number: 10145
Compass: E
St Suffix: Road
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85258
Zip4: 5794
Country: USA
Taxes: 3211
General Property Description
Dwelling Type: Single Family - Detached
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
# Bathrooms: 2
Approx SQFT: 2400
Price/SqFt: 270.42
Approx SqFt Range: 2,251 - 2,500
Horses: N
Builder Name: Vincent
Year Built: 1985
Apx Lot Size Range: 10,001 - 12,500
Pool: Private
Elementary School: Laguna Elementary School
Jr. High School: Mountainside Middle School
High School: Desert Mountain High School
Elem School Dist #: 048 - Scottsdale Unified District
High School Dist #: 048 - Scottsdale Unified District
Remarks & Misc
Geo Lat: 33.568238
Geo Lon: -111.862846
Status Change Info
Status: Active
Status Change Date: 2015-06-18
Legal Info
Township: 3N
Range: 5E
Section: 29
Lot Number: 64
Association & Fees
HOA Transfer Fee: 150
HOA Fee: 340
HOA Paid (Freq): Annually
HOA Name: Scottsdale Ranch
HOA Telephone: 480-860-2022
HOA 2 Y/N: N
PAD Fee Y/N: N
Cap Impv/Impt Fee$/%: %
Cap Impv/ImptFee2$/%: %
Land Lease Fee Y/N: N
Rec Center Fee Y/N: N
Rec Center Fee 2 Y/N: N
Ttl Mthly Fee Equiv: 28.33
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Parking Spaces
Garage Spaces: 2
Total Covered Spaces: 2
Property Features
Special Listing Cond: N/A
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Sinks; Private Toilet Room
Additional Bedroom: Separate Bdrm Exit; Mstr Bdr Walkin Clst; Othr Bdr Walkin Clst
Fireplace: 1 Fireplace; Fireplace Family Rm
Flooring: Carpet; Stone
Pool - Private: Pool - Private; Play Pool
Spa: None
Community Features: Biking/Walking Path; Clubhouse/Rec Room
Dining Area: Formal; Breakfast Bar
Kitchen Features: Cook Top Elec; Disposal; Dishwasher; Refrigerator; Reverse Osmosis; Wall Oven(s); Multiple Ovens; Granite Countertops; Kitchen Island
Laundry: Washer Included; Dryer Included; Inside Laundry
Other Rooms: Family Room
Features: 9+ Flat Ceilings; No Interior Steps; Water Softener Owned; Soft Water Loop; Drink Wtr Filter Sys
Technology: 3+ Exist Tele Lines; Cable TV Avail; HighSpd Intrnt Aval
Exterior Features: Patio; Covered Patio(s); Storage Shed(s); Pvt Yrd(s)/Crtyrd(s)
Parking Features: Attch'd Gar Cabinets; Electric Door Opener
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: All Tile
Cooling: Refrigeration
Heating: Electric Heat
Plumbing: Electric Hot Wtr Htr
Energy/Green Feature: Ceiling Fan(s); Multi-Zones
Utilities: APS
Water: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: View/Wrought Iron
Property Description: City Light View(s); Mountain View(s); North/South Exposure; Borders Common Area
Landscaping: Desert Front; Desert Back; Grass Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back
Possession: By Agreement
Unit Style: All on One Level
Association Fee Incl: Common Area Maint
Assoc Rules/Info: Pets OK (See Rmrks); Prof Managed
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Disclosures: Seller Disc Avail; Agency Discl Req
stone fireplace in family room, soaring windows, wood blinds & more! Master bedroom retreat w/private entry to backyard, travertine flooring & large closet . Spacious backyard w/, grassy play area, covered patio & view fencing backing to reservation w/city light & mountain views. Enjoy all the Scottsdale Ranch amenities: convenient to Mercado Shopping & Restaurant Plaza, Lake Serena, community Park, Scottsdale Ranch clubhouse and more! Come see this beautiful home! Your client will thank you!
Room Information
Room Name Length Width
Master Bedroom1513
Bedroom 21514
Bedroom 31211
Dining Room1612
Living Room1715
Family Room1613

Listing Office: RE/MAX Fine Properties

Last Updated: August - 04 - 2015

Copyright Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Sunday 30th of August 2015 03:08 AM

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The Role of Price Appreciation in Homeownership as an Investment

Homeownership as an investment makes sense in building your family’s wealth. A good portion of every family’s wealth comes from the equity in the home they live in. As the value of their home (an asset) increases so does their equity. Let’s look at a possible case scenario based on the latest HPES.

We recently posted on the results from the latest Home Price Expectation Survey (HPES) showing where residential home prices are headed over the next five years. Today, we want to show you what the results of the report could mean to you.

Here is a chart showing the survey’s projections on annual appreciation over the next five years:


Homeownership as an Investment

We then looked at the five-year impact this would have on the equity of a family that purchased a home in January for $250,000:

5 year equity-KCM

Their family wealth (based on increased equity) would increase by $47,772 over those five years.

Bottom Line

If you don’t yet own, perhaps you should be thinking about purchasing. If you already own, maybe it’s time to move up to enjoy your dream home and also ride the increase in equity of the larger asset.

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Scottsdale Makes List For 2015 Best City for Women Entrepreneurs

The city of Scottsdale was ranked No. 55 on list For 2015 Best City for Women Entrepreneurs. In a report prepared by data-science group GoodCall Scottsdale is one of the best cities for women entrepreneurs to launch their business.

“Scottsdale made the list ror 2015 Best City for Women Entrepreneurs due to a healthy economy, a large concentration of highly educated women, and a large number of women-owned businesses,” stated Eppie Vojt founder of GoodCall, in a press release. “Scottsdale also ranked #42 out of 405 for networking potential, making it a great place for any entrepreneur looking to start a business.”

A total of 405 cities were evaluated on the metrics of core economic strength, business climate for women, professional networking potential and female education values.

Scottsdale:Best City for Women Entrepreneurs

“The Scottsdale Area Chamber of Commerce event, Women in Leadership, is celebrating its 3-year anniversary. This event is designed to provide a quality, no-fluff opportunity for amazing women in business and non-profit organizations to tell their story and empower each other to achieve the next level of success while still maintain a work-life balance. It is incredibly important for a community to support and encourage strong women in business,” stated Anna Mineer, Vice President of Business Development for the Scottsdale Area Chamber of Commerce, in the release.

The report also features advice for women entrepreneurs provided by national experts from the U.S. Small Business Administration’s Office of Women’s Business Ownership, The National Women’s Business Council and the American Association of University Women.


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Don’t Become Trapped in Long Term Renting

There are many benefits to homeownership so do not let yourself become trapped in long term renting. One of the top benefits of homeownership is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage.

The National Association of Realtors (NAR) released their findings of a study in which they studied “income growth, housing costs and changes in the share of renter and owner-occupied households over the past five years in metropolitan statistical areas throughout the US.”

Don’t Become Trapped in Long Term Renting

The study revealed that over the last five years a typical rent rose 15% while the income of renters grew by only 11%. If you are currently renting, this disparity in growth could get you caught up in a cycle where increasing rents continue to make it impossible for you to save for a necessary down payment.

The average renter in the United States pays 30% of their income on housing compared to that of a homeowner who can expect to spend 15%.

In many metro areas the percentage of income spent on housing is even higher and continues to rise every year. Like in San Francisco, CA, where the average renter spends 59% of their monthly income on housing or nearly 65% in Boston, MA.

Homebuyers who purchased their home over the same five-year period locked in their housing costs and were able to grow their net worth as home values have increased and their mortgage balances have gone down.

Know Your Options

Perhaps, you have already saved enough to buy your first home. HousingWire reported that analysts at Nomura believe:

“It’s not that Millennials and other potential homebuyers aren’t qualified in terms of their credit scores or in how much they have saved for their down payment.

It’s that they think they’re not qualified or they think that they don’t have a big enough down payment.” (emphasis added)

As we have reported last week, over 60% of Millennials who recently bought a home put down less than 20%; 36% put down less than 5%. Your dream home may be more attainable than you ever imagined!

Bottom Line

Don’t get caught in the trap so many renters are currently in. If you are ready and willing to buy a home, find out if you are able. Give us a call for a referral to Lender to determine if you are eligible to get a mortgage.

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