NOT LISTED FOR SALE

10515 E Mariola Way Unit 1 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $4,055,000 - $4,712,000

0.66 Acre
$6,703,215 Price per Acre
28,750 Sq Ft Lot

Last Sold April 30, 2018

Last sale price $315,000

Est. 1,304% increase in value since last sale

Current estimated payment $25,803/month

159 Days on Market

About This Lot

As of April 2018

Beautiful homesite in the Village of Seven Arrows. Views to the south for city lights and sunrise. Mountain views to the north and east. Nice gentle sloping property. Perfect for a private residence or vacation home. Membership is not included but available by separate agreement and approval of Desert Mountain Club.

Last Agent to Sell the Property

Chad Arend

HomeSmart License #SA568776000 Listed on: 09/02/2017

HomeSmart

Last Buyer's Agent

Brian Herrera

HomeSmart License #SA627774000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,425

Year Built

  • 2020

Lot Details

  • 0.66 Acre Lot

HOA Fees

Schools

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

Community Details

  • Desert Mountain Association, Phone Number (480) 595-4220
  • Secondary HOA Phone (480) 595-4220
  • Desert Mountain Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 219-47-516

Property Details

Property Type

Land

Est. Annual Taxes

$1,425

Year Built

2020

Lot Details

0

HOA Fees

$438 per month

Listing Details

  • Cross Street: Cave Creek and Desert Mountain Parkway
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: residential
  • Tax Year: 2016
  • Directions: 1 Mile east of Pima Road on Cave Creek Road to Desert Mountain entrance.
  • Lot Size Acres: 0.66
  • Subdivision Name: Desert Mountain
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • HOA #2 Paid Frequency: Semi-Annually
  • Annual HOA Fees: 2028.66
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480.595.4220
  • HOA Transfer Fee: 400.0
  • Association #2 Fee: 601.14
  • Association Fee: 2028.66
  • Association Fee Frequency: Semi-Annually
  • Association: Desert Mountain
  • Association Name: Desert Mountain
  • Association Phone #2: 480.595.4220
  • Phone: 480-595-4220
  • 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: unknow
  • Lot Size Sq Ft: 28920.0
  • Additional Parcels: No
  • Parcel #: 219-47-516
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1425.0
  • Tax Book Number: 219.00
  • Tax Lot: 1
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2020
Sold by
Mortensen Signature Homes Of Arizona Llc
Bought by
Anderson David A and Anderson Mary Kay
Total Days on Market
159
Current Estimated Value
$4,424,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 2, 2017
Closed on
Apr 18, 2018
Sold by
Bell Ward T and Bell Linda M
Bought by
Mortensen Signature Homes Of Arizona Llc
Seller's Agent
Chad Arend
HomeSmart
Buyer's Agent
Brian Herrera
HomeSmart
List Price
$431,000
Sold Price
$315,000
Premium/Discount to List
-$116,000
-26.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.86%

Purchase Details

Closed on
Mar 25, 2003
Sold by
Janicke John A
Bought by
Bell Ward T and Bell Linda M

Purchase Details

Closed on
Feb 18, 2000
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Bell Ward T and Bell Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
8.26%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Anderson David A $2,900,000 First Arizona Title Agency
Mortensen Signature Homes Of Arizona Llc $315,000 First Arizona Title Agency L
Bell Ward T $201,875 --
Bell Ward T $403,750 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson David A $2,000,000
Previous Owner Mortensen Singnature Homes Of Az Llc $1,371,500
Previous Owner Bell Ward T $323,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $315,000 -26.9% --
02/08/2018 02/08/18 Pending -- -- --
09/02/2017 09/02/17 For Sale $431,000 -- --
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 $7,785 $158,602 -- --
2024 $7,531 $151,050 -- --
2023 $7,531 $322,870 $64,570 $258,300
2022 $7,281 $201,480 $40,290 $161,190
2021 $5,877 $146,230 $29,240 $116,990
2020 $1,575 $28,905 $28,905 $0
2019 $1,528 $26,865 $26,865 $0
2018 $1,486 $27,315 $27,315 $0
2017 $1,431 $36,105 $36,105 $0
2016 $1,425 $26,685 $26,685 $0
2015 $1,437 $31,760 $31,760 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Arend

    Seller's Agent in 2018

    Chad Arend

    HomeSmart

    (602) 740-2074

    103 Total Sales

    Chad Arend
    Section Image
  • Brian Herrera

    Buyer's Agent in 2018

    Brian Herrera

    HomeSmart

    (480) 244-8298

    53 in this area

    53 Total Sales

    Brian Herrera
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5655420

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-516

Arizona Maricopa County Scottsdale 85262 Desert Mountain

10515 E Mariola Way Unit 1, Scottsdale, AZ

This home is located at 10515 E Mariola Way Unit 1, Scottsdale, AZ 85262 since 02 September 2017 and is currently estimated at $4,424,122. This property was built in 2020. 10515 E Mariola Way Unit 1 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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