NOT LISTED FOR SALE

10481 E Groundcherry Ln Unit 73 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $3,082,000 - $3,622,000

0.45 Acre
$7,267,124 Price per Acre
19,602 Sq Ft Lot

Last Sold April 21, 2017

Last sale price $145,000

Est. 2,155% increase in value since last sale

Current estimated payment $18,960/month

216 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Corner Lot
  • Black Mountain Elementary School Rated A-
  • City Lights View
  • Cul-De-Sac

About This Lot

As of April 2017

This spectacular, elevated cul-de-sac lot offers city light, sunset & mountain views. Perfect solar orientation for poolside winter sun. The 13,330 sq. ft. building envelope offers design flexibility. If you are looking for an incredible lot to build your dream home or spec home this is it. Walking distance to the newly renovated Sonoran Club. This home site is offered with no membership to the Desert Mountain Club however memberships are available.

Last Agent to Sell the Property

Shawn Chappel

Russ Lyon Sotheby's International Realty License #SA641266000 Listed on: 08/11/2016

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Vincent Fratantoni

West USA Realty License #SA644725000

West USA Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $736

Year Built

  • 2020

Lot Details

  • 0.45 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Gentle Sloping Lot
  • Property is zoned R1-10 SFR

HOA Fees

  • $199 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Location

  • Property is near a golf course

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 219-56-073

Community Details

Overview

  • Desert Mountain HOA, Phone Number (480) 635-5600
  • Desert Mountain Phase 2 Unit 5 Pt 1 1 101 A J Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$736

Year Built

2020

Lot Details

0

HOA Fees

$199 per month

Listing Details

  • Cross Street: Pima Road & Cave Creek Road
  • Legal Info Range: 5E
  • Property Type: Land
  • Topography: Gentle Sloping
  • Zoning: R1-10 SFR
  • Tax Year: 2015
  • Directions: Pima Road North to Cave Creek Road, East to Desert Mountain PKWY, proceed to Guard Gate, ask Guard for directions to property address.
  • Horses: No
  • Lot Size Acres: 0.45
  • Road Surface Type: Asphalt
  • Subdivision Name: DESERT MOUNTAIN PHASE 2 UNIT 5 PT 1 1-101 A-J
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Golf Course Subd, Corner Lot, City Light View(s), Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1193.82
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-635-5600
  • HOA Transfer Fee: 800.0
  • Association Fee: 1193.82
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain HOA
  • Phone: 480-635-5600
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 19600.0
  • Additional Parcels: No
  • Parcel #: 219-56-073
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 736.0
  • Tax Book Number: 219.00
  • Tax Lot: 73
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Apr 5, 2017
Sold by
Winthrop Stacey and Winthrop Brett
Bought by
Winthrop Brett
Seller's Agent
Shawn Chappel
Russ Lyon Sotheby's International Realty
Buyer's Agent
Vincent Fratantoni
West USA Realty
List Price
$175,000
Sold Price
$145,000
Premium/Discount to List
-$30,000
-17.14%
Total Days on Market
216
Current Estimated Value
$3,270,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,125,206
Avg. Annual Appreciation
45.14%

Purchase Details

Closed on
May 31, 2013
Sold by
Bergamini Jerome A
Bought by
Bergamini Jerome A

Purchase Details

Closed on
Jan 23, 2010
Sold by
Bergamini Jay and Bergamini Leslie
Bought by
Bergamini Leslie M and Bergamini Jerome A

Purchase Details

Closed on
Dec 13, 2004
Sold by
Knight Joel
Bought by
Bergamini Jay and Bergamini Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,230
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2002
Sold by
Hill Karin
Bought by
Hill William

Purchase Details

Closed on
Jun 10, 2002
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Knight Joel and Hills William

Purchase Details

Closed on
May 29, 2001
Sold by
Darius Franz J and Darius Beate
Bought by
Desert Mountain Properties Ltd Prtnrshp

Purchase Details

Closed on
May 25, 2000
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Darius Franz J and Darius Beate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
8.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 1999
Sold by
Codeco Management Inc
Bought by
Desert Mountain Properties Ltd Prtnrshp

Purchase Details

Closed on
Nov 6, 1995
Sold by
First American Title Insurance Company
Bought by
Codeco Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Winthrop Brett -- First Arizona Title Agency L
Winthrop Brett $145,000 First Arizona Title Agency L
Bergamini Jerome A -- None Available
Bergamini Leslie M -- None Available
Bergamini Jay $380,000 First American Title Ins Co
Knight Joel -- First American Title Ins Co
Hill William -- First American Title Ins Co
Knight Joel -- First American Title Ins Co
Knight Joel $337,500 First American Title Ins Co
Desert Mountain Properties Ltd Prtnrshp $455,000 First American Title
Darius Franz J $432,000 First American Title
Desert Mountain Properties Ltd Prtnrshp $300,000 First American Title
Codeco Management Inc $225,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winthrop Brett $1,235,000
Previous Owner Bergamini Jay $282,230
Previous Owner Darius Franz J $345,600
Previous Owner Codeco Management Inc $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $145,000 -17.1% --
03/13/2017 03/13/17 Pending -- -- --
08/09/2016 08/09/16 For Sale $175,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,830 $87,698 -- --
2024 $4,619 $83,522 -- --
2023 $4,619 $195,770 $39,150 $156,620
2022 $4,450 $113,070 $22,610 $90,460
2021 $821 $17,040 $17,040 $0
2020 $807 $13,485 $13,485 $0
2019 $783 $15,135 $15,135 $0
2018 $761 $14,490 $14,490 $0
2017 $733 $12,600 $12,600 $0
2016 $730 $11,985 $11,985 $0
2015 $736 $9,792 $9,792 $0
Source: Public Records

Agents Affiliated with this Home

  • Shawn Chappel

    Seller's Agent in 2017

    Shawn Chappel

    Russ Lyon Sotheby's International Realty

    (480) 329-2020

    26 in this area

    40 Total Sales

    Shawn Chappel
    Section Image
  • Vincent Fratantoni

    Buyer's Agent in 2017

    Vincent Fratantoni

    West USA Realty

    (480) 650-0223

    36 Total Sales

    Vincent Fratantoni
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5482343

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-073

Arizona Maricopa County Scottsdale 85262 Desert Mountain

10481 E Groundcherry Ln Unit 73, Scottsdale, AZ

This home is located at 10481 E Groundcherry Ln Unit 73, Scottsdale, AZ 85262 since 11 August 2016 and is currently estimated at $3,270,206. This property was built in 2020. 10481 E Groundcherry Ln Unit 73 is a home located in Maricopa County with nearby schools including Black Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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