NOT LISTED FOR SALE

10789 E Falling Star Dr Unit 49 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $3,557,000 - $4,610,000

0.8 Acre
$5,268,060 Price per Acre
34,848 Sq Ft Lot

Last Sold March 16, 2018

Last sale price $265,000

Est. 1,490% increase in value since last sale

Current estimated payment $23,856/month

132 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Property is near a golf course
  • Black Mountain Elementary School Rated A-
  • City Lights View

About This Lot

As of March 2018

VIEWS VIEWS VIEWS..... This elevated lot in the village of Lost Star offers views to the south, southwest and west. The sunset, city lights and mountain views are breathtaking. Lot sits well back from Desert Mountain There is a large area of natural area open space between homesite and Desert Mountain Parkway; lot sits well back. Membership to the Desert Mountain Club is not included.

Last Agent to Sell the Property

Joanie Barreiro

Russ Lyon Sotheby's International Realty License #SA569108000 Listed on: 09/06/2017

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Brian Herrera

HomeSmart License #SA627774000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,264

Lot Details

  • 0.8

HOA Fees

  • $244 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

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

Additional Features

  • 0.8 Acre Lot
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 219-47-500

Community Details

Overview

  • Desert Mtn Owners Association, Phone Number (480) 635-5600
  • Desert Mountain Lost Star 49 Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$2,264

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Cross Street: Pima and Cave Creek
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: Residential
  • Tax Year: 2016
  • Directions: North on Pima to Cave Creek Road east on Cave Creek Road to Desert Mountain Parkway, north to Desert Mountain main gate
  • Lot Size Acres: 0.8
  • Subdivision Name: DESERT MOUNTAIN LOST STAR 49
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Golf Course Subd, City Light View(s), Mountain View(s), Gated Community, Guarded Entry, Border Common Area
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1465.86
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480.6355600
  • HOA Transfer Fee: 780.0
  • Association Fee: 1465.86
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mtn Owners
  • 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: 34872.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-47-500
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2264.0
  • Tax Book Number: 219.00
  • Tax Lot: 49
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Mortensen Signature Homes Of Arizona Llc
Bought by
Smith Jeffrey Scott and Smith Jeanne Marie
Current Estimated Value
$4,214,448

Purchase Details

Listed on
Sep 6, 2017
Closed on
Mar 1, 2018
Sold by
Bullard Larry and Bullard Karen
Bought by
Mortensen Signature Homes Of Arizona Llc
Seller's Agent
Joanie Barreiro
Russ Lyon Sotheby's International Realty
Buyer's Agent
Brian Herrera
HomeSmart
List Price
$399,999
Sold Price
$265,000
Premium/Discount to List
-$134,999
-33.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.38%

Purchase Details

Listed on
Aug 3, 2011
Closed on
Jan 6, 2014
Sold by
Robinson Neil H and Robinson Ellen S
Bought by
Bullard Larry and Bullard Karen
Seller's Agent
David Mayo
Russ Lyon Sotheby's International Realty
Buyer's Agent
Timothy McShane
RE/MAX Fine Properties
List Price
$349,000
Sold Price
$175,000
Premium/Discount to List
-$174,000
-49.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%

Purchase Details

Closed on
May 2, 2002
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Robinson Neil H and Robinson Ellen S
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
Smith Jeffrey Scott -- First Arizona Title Agency
Mortensen Signature Homes Of Arizona Llc $265,000 First Arizona Title Agency L
Bullard Larry $175,000 Us Title Agency Llc
Robinson Neil H $180,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mortenen Signature Homes Of Arizona Llc $7,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $265,000 -33.7% --
01/15/2018 01/15/18 Pending -- -- --
09/05/2017 09/05/17 For Sale $399,999 +128.6% --
01/10/2014 01/10/14 Sold $175,000 -49.9% $5 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
08/03/2011 08/03/11 For Sale $349,000 -- $10 / Sq Ft
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 $8,313 $150,941 -- --
2024 $7,951 $143,754 -- --
2023 $7,951 $324,180 $64,830 $259,350
2022 $7,659 $194,610 $38,920 $155,690
2021 $1,836 $41,235 $41,235 $0
2020 $1,804 $36,675 $36,675 $0
2019 $1,750 $24,870 $24,870 $0
2018 $1,956 $27,225 $27,225 $0
2017 $2,274 $34,950 $34,950 $0
2016 $2,264 $45,165 $45,165 $0
2015 $2,284 $50,864 $50,864 $0
Source: Public Records

Agents Affiliated with this Home

  • Joanie Barreiro

    Seller's Agent in 2018

    Joanie Barreiro

    Russ Lyon Sotheby's International Realty

    (480) 235-2776

    34 in this area

    45 Total Sales

    Joanie Barreiro
    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
  • David Mayo

    Seller's Agent in 2014

    David Mayo

    Russ Lyon Sotheby's International Realty

    (480) 694-7355

    10 Total Sales

    David Mayo
    Section Image
  • Timothy McShane

    Buyer's Agent in 2014

    Timothy McShane

    RE/MAX

    (480) 220-9490

    2 in this area

    62 Total Sales

    Timothy McShane
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5656183

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-500

Arizona Maricopa County Scottsdale 85262 Desert Mountain

10789 E Falling Star Dr Unit 49, Scottsdale, AZ

This home is located at 10789 E Falling Star Dr Unit 49, Scottsdale, AZ 85262 since 06 September 2017 and is currently estimated at $4,214,448. 10789 E Falling Star Dr Unit 49 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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