NOT LISTED FOR SALE

10891 E Mountain Spring Rd Unit 1507 Scottsdale, AZ 85255

DC Ranch Neighborhood

Estimated Value: $7,223,000 - $8,821,000

1.25 Acres
$6,417,600 Price per Acre
54,450 Sq Ft Lot

Last Sold October 10, 2013

Last sale price $975,000

Est. 723% increase in value since last sale

Current estimated payment $45,190/month

279 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • 1.25 Acre Lot
  • Copper Ridge School Rated A
  • City Lights View
  • Cul-De-Sac

About This Lot

As of October 2013

***Huge price reduction for quick sale*** Fabulous Upper Canyon Lot backing to private reserve offering total privacy and city light views. This lot is situated near the end of a cul de sac and offers great curb appeal and 360 mountain views. This homesite provides a large flat building envelope for your dream home. Renowned architect ''Candelaria'' designed plans previously approved by Silverleaf HOA are available at no cost.

Last Agent to Sell the Property

Carol Spencer

Russ Lyon Sotheby's International Realty License #SA536734000 Listed on: 10/02/2013

Russ Lyon Sotheby's International Realty

Co-Listed By

violettabondy Bondy

Russ Lyon Sotheby's International Realty License #SA537305000

Last Buyer's Agent

Deborah Beardsley

Silverleaf Realty License #BR505155000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,521

Lot Details

  • 1.25 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $345 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Copper Ridge Elementary School

Additional Features

  • North or South Exposure
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 1507
  • Assessor Parcel Number 217-08-178

Community Details

Overview

  • DC Ranch Association, Phone Number (480) 513-1500
  • Silverleaf Subdivision
  • Property is near a preserve or public land

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$7,521

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Cross Street: Pima Road and Thompson Peak Parkway
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Raw Land, Plans Available, Plans Included, Off Site Imp Complte
  • Topography: Gentle Sloping, Level
  • Zoning: res
  • Tax Year: 2012
  • Directions: Thompson Peak parkway East to Windgate Pass guard gate, guard will provide directions.
  • Horses: No
  • Lot Size Acres: 1.25
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: Silverleaf
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Golf Course Subd, City Light View(s), Mountain View(s), Gated Community, Guarded Entry, North/South Exp, Borders Pres/Pub Lnd
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 345.0
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480 513 1500
  • HOA Transfer Fee: 0.05
  • Association Fee: 345.0
  • Association Fee Frequency: Monthly
  • Association Name: DC Ranch association
  • Phone: 480-513-1500
  • Association: Yes

Schools

  • Elementary School: Copper Ridge Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Copper Ridge Elementary School

Lot Info

  • Lot Size: irr
  • Lot Size Sq Ft: 53000.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 217-08-178
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7521.0
  • Tax Book Number: 217.00
  • Tax Lot: 1507
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2019
Sold by
Reed Daniel R and Reed Tania M
Bought by
Midwest Retreat Ii Llc
Current Estimated Value
$8,022,000

Purchase Details

Closed on
May 23, 2016
Sold by
Silverleaf Lot 1507 Llc
Bought by
Reed Family Revocable Trust and Reed Tania M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2014
Sold by
Dab Properties Inc
Bought by
Silverleaf Lot 1507 Llc

Purchase Details

Listed on
Oct 2, 2013
Closed on
Oct 8, 2013
Sold by
Lilien Brian A and Lilien Denise Sturbin
Bought by
Dab Properties Inc
Seller's Agent
Carol Spencer
Russ Lyon Sotheby's International Realty
Buyer's Agent
Deborah Beardsley
Silverleaf Realty
List Price
$1,095,000
Sold Price
$975,000
Premium/Discount to List
-$120,000
-10.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.18%

Purchase Details

Closed on
May 23, 2006
Sold by
Lilien Denise Stubrin
Bought by
Lilien Brian A and Lilien Denise Stubrin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,300
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 10, 2003
Sold by
Dc Ranch Llc
Bought by
Lilien Denise Stubrin

Purchase Details

Closed on
Mar 19, 2003
Sold by
Lilien Brian A
Bought by
Lilien Denise Stubrin
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
Midwest Retreat Ii Llc $6,100,000 Fidelity National Title Agen
Reed Family Revocable Trust $5,700,000 Stewart Title
Silverleaf Lot 1507 Llc -- Accommodation
Dab Properties Inc $975,000 U S Title Agency Inc
Lilien Brian A -- Lawyers Title Insurance Corp
Lilien Denise Stubrin -- Lawyers Title Of Arizona Inc
Lilien Denise Stubrin -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Family Revocable Trust $3,000,000
Previous Owner Lilien Brian A $506,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2013 10/10/13 Sold $975,000 -11.0% --
09/11/2013 09/11/13 Pending -- -- --
12/06/2012 12/06/12 For Sale $1,095,000 -- --
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 $27,763 $436,511 -- --
2024 $30,499 $415,724 -- --
2023 $30,499 $566,000 $113,200 $452,800
2022 $28,960 $467,910 $93,580 $374,330
2021 $30,742 $469,200 $93,840 $375,360
2020 $30,485 $411,950 $82,390 $329,560
2019 $30,073 $402,030 $80,400 $321,630
2018 $27,998 $388,180 $77,630 $310,550
2017 $26,853 $393,930 $78,780 $315,150
2016 $13,505 $193,870 $38,770 $155,100
2015 $7,595 $78,672 $78,672 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4859285

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-08-178