NOT LISTED FOR SALE

10951 E Fortuna Dr Unit 10 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $2,806,000 - $3,112,000

0.58 Acre
$5,179,726 Price per Acre
25,265 Sq Ft Lot

Last Sold September 16, 2013

Last sale price $110,000

Est. 2,631% increase in value since last sale

Current estimated payment $16,598/month

204 Days on Market

Highlights

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

About This Lot

As of September 2013

Great opportunity to build your dream home on this lot with mountain, city and sunset views. Easy build corner lot in cul-de-sac. Surrounding lots have home built ''what you see is what you get!'' This property is being sold without a Desert Mountain Club Membership.

Last Agent to Sell the Property

Kathryn Edgeton

RE/MAX at the Village Listed on: 01/11/2013

Co-Listed By

Timothy McShane

RE/MAX at the Village

Last Buyer's Agent

Michael Doyle

Russ Lyon Sotheby's International Realty License #SA028821000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $892

Lot Details

  • 0.58 Acre Lot
  • Cul-De-Sac
  • Corner Lot

HOA Fees

  • $203 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

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

Additional Features

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

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 219-56-371

Community Details

Overview

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

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$892

Lot Details

0

HOA Fees

$203 per month

Listing Details

  • Cross Street: Pima & Cave Creek Rd.
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: Residential
  • Tax Year: 2012
  • Directions: North on Pima Rd. to east onto Cave Creek Rd., left on Desert Mountain Pkwy to guard gate.
  • Lot Size Acres: 0.58
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: ratv01
  • Co List Office Phone: 480-595-1000
  • Subdivision Name: Desert Mountain
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

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

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1215.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 750.0
  • Association Fee: 1215.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain
  • 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: Irr
  • Lot Size Sq Ft: 25247.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-56-371
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 892.0
  • Tax Book Number: 219.00
  • Tax Lot: 10
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2022
Sold by
Rezac and Kileen
Bought by
Mark A Rezac And Kileen D Rezac Revocable Tru
Current Estimated Value
$3,004,241

Purchase Details

Closed on
Jun 16, 2015
Sold by
Classic Properties Xvii Llc
Bought by
Rezac Mark and Rezac Kileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 11, 2013
Closed on
Sep 6, 2013
Sold by
Herkamp Frederick John and Herkamp Cara Lynn
Bought by
Classic Properties Xvii Llc
Seller's Agent
Kathryn Edgeton
RE/MAX at the Village
Buyer's Agent
Michael Doyle
Russ Lyon Sotheby's International Realty
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.52%

Purchase Details

Closed on
Apr 13, 2011
Sold by
Herkamp Frederick J and Herkamp Cara L
Bought by
Herkamp Frederick John and Herkamp Cara Lynn

Purchase Details

Closed on
Apr 27, 2005
Sold by
Graham S Diane
Bought by
Herkamp Frederick J

Purchase Details

Closed on
Mar 30, 1994
Sold by
First American Title Insurance Company
Bought by
Graham S Diane
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mark A Rezac And Kileen D Rezac Revocable Tru -- None Listed On Document
Rezac Mark $135,010 U S Title Agency Llc
Classic Properties Xvii Llc $110,000 Us Title Agency Llc
Herkamp Frederick John -- None Available
Herkamp Frederick J -- None Available
Herkamp Frederick J $280,000 Security Title Agency Inc
Graham S Diane $190,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rezac Mark $995,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2013 09/16/13 Sold $110,000 -15.3% --
07/30/2013 07/30/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $129,900 -- --
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 $5,615 $122,345 -- --
2024 $5,672 $116,519 -- --
2023 $5,672 $175,610 $35,120 $140,490
2022 $5,479 $129,620 $25,920 $103,700
2021 $6,741 $135,320 $27,060 $108,260
2020 $6,621 $121,330 $24,260 $97,070
2019 $6,423 $114,270 $22,850 $91,420
2018 $6,246 $112,900 $22,580 $90,320
2017 $6,016 $110,410 $22,080 $88,330
2016 $864 $15,450 $15,450 $0
2015 $871 $11,552 $11,552 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kathryn Edgeton

    RE/MAX at the Village

  • T

    Seller Co-Listing Agent in 2013

    Timothy McShane

    RE/MAX at the Village

  • M

    Buyer's Agent in 2013

    Michael Doyle

    Russ Lyon Sotheby's International Realty

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4873249

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-371

Arizona Maricopa County Scottsdale 85262 Desert Mountain

10951 E Fortuna Dr Unit 10, Scottsdale, AZ

This home is located at 10951 E Fortuna Dr Unit 10, Scottsdale, AZ 85262 since 11 January 2013 and is currently estimated at $3,004,241. 10951 E Fortuna Dr Unit 10 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

Nearby Homes