NOT LISTED FOR SALE

Estimated Value: $3,763,000 - $4,992,000

0.87 Acre
$5,032,113 Price per Acre
37,897 Sq Ft Lot

Last Sold June 29, 2015

Last sale price $309,000

Est. 1,317% increase in value since last sale

Current estimated payment $25,699/month

829 Days on Market

Highlights

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

About This Lot

As of June 2015

Elevated non-membership lot in Desert Mountain's upper village of Sunset Canyon. Incredible mountain, sunset, and city light views from this site!. Minimal site prep and proper south by southwest solar orientation allow maximum sun exposure on your pool and patio area. Quiet cul-de-sac location, with desert buffer on east flank of property adds additional privacy!

Last Agent to Sell the Property

Daniel Wolski

Russ Lyon Sotheby's International Realty License #SA555961000 Listed on: 02/13/2015

Russ Lyon Sotheby's International Realty

Co-Listed By

Troy Gillenwater

Russ Lyon Sotheby's International Realty License #SA020615000

Last Buyer's Agent

Daniel Wolski

Russ Lyon Sotheby's International Realty License #SA555961000 Listed on: 02/13/2015

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,512

Year Built

  • 2022

Lot Details

  • 0.87 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $218 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 7
  • Assessor Parcel Number 219-47-370

Community Details

Overview

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

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,512

Year Built

2022

Lot Details

0

HOA Fees

$218 per month

Listing Details

  • Cross Street: Cave Creek Road and Desert Mountain Parkway
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: residential
  • Tax Year: 2012
  • Directions: East on Cave Creek Road off Pima Road approximately 1 mile to Desert Mountain Parkway, North to Guard House.
  • Lot Size Acres: 0.87
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: Desert Mountain
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Interior Features

  • 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
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1305.42
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 350.0
  • Association Fee: 1305.42
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain HOA
  • Phone: 480-595-4220
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 37762.0
  • Additional Parcels: No
  • Parcel #: 219-47-370
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1511.56
  • Tax Book Number: 219.00
  • Tax Lot: 7
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2020
Sold by
Shanholt John Harcourt and Kern Gail Ellen
Bought by
Williams B Thomas B and Williams Stephanie R
Total Days on Market
829
Current Estimated Value
$4,377,938

Purchase Details

Listed on
Feb 13, 2015
Closed on
Jun 16, 2015
Sold by
Dm Sunset Canyon 7 Limited Partnership
Bought by
The Shanholt Kern Family Trust
Seller's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
Buyer's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
List Price
$399,000
Sold Price
$309,000
Premium/Discount to List
-$90,000
-22.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.60%

Purchase Details

Closed on
Sep 20, 2010
Sold by
B & M Land Acquisitions Llc
Bought by
Dm Sunset Canyon 7 Llc

Purchase Details

Closed on
Mar 3, 2008
Sold by
Edenholm Eric S
Bought by
B & M Land Acquisitions Llc

Purchase Details

Closed on
Mar 8, 2007
Sold by
Fitzsimmons James L and Fitzsimmons Tamarah L
Bought by
Edenholm Eric S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
8.35%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 14, 2005
Sold by
Dobkin Ronald J and Dobkin Francine
Bought by
Fitzsimmons James L and Fitzsimmons Tamarah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 1997
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Dobkin Ronald J and Dobkin Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.22%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Average Value
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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
Williams B Thomas B $455,000 First Arizona Title Agency
The Shanholt Kern Family Trust $309,000 First American Title Ins Co
Dm Sunset Canyon 7 Llc $150,000 First American Title Ins Co
B & M Land Acquisitions Llc $570,958 Security Title Agency Inc
Edenholm Eric S $515,000 Security Title Agency Inc
Fitzsimmons James L $335,000 Russ Lyon Title Llc
Dobkin Ronald J $385,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Thomas $1,995,000
Previous Owner Edenholm Eric S $412,000
Previous Owner Fitzsimmons James L $396,000
Previous Owner Fitzsimmons James L $385,000
Previous Owner Dobkin Ronald J $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2015 06/29/15 Sold $309,000 -22.6% --
05/15/2015 05/15/15 Pending -- -- --
02/05/2013 02/05/13 For Sale $399,000 -- --
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 $11,716 $212,738 -- --
2024 $2,273 $202,608 -- --
2023 $2,273 $89,805 $89,805 $0
2022 $2,190 $66,540 $66,540 $0
2021 $2,377 $67,290 $67,290 $0
2020 $2,335 $60,210 $60,210 $0
2019 $2,265 $51,615 $51,615 $0
2018 $2,203 $41,085 $41,085 $0
2017 $2,122 $44,010 $44,010 $0
2016 $2,112 $39,255 $39,255 $0
2015 $2,131 $38,800 $38,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4887007

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-370