NOT LISTED FOR SALE

11360 E Apache Vistas Dr Unit 40 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $5,307,202 - $5,883,000

0.88 Acre
$6,423,940 Price per Acre
38,333 Sq Ft Lot

Last Sold June 26, 2018

Last sale price $407,500

Est. 1,433% increase in value since last sale

Current estimated payment $33,810/month

849 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 June 2018

Dramatic, elevated, double fairway golf course homesite in Desert Mountain’s Painted Sky village. This site overlooks the 13th and 14th hole of the Apache golf course. In addition to golf views, this site has incredible sunsets, surrounding mountains, and distant city lights! 23,077 SF building envelope allows for design flexibility on this large lot. Quick access to multiple clubhouses for dining and golf, a short drive to the Sonoran Club for fitness and spa, and to the new 15-mile Desert Mountain private trail system for your outdoor adventures. No membership included. Equity Golf or Lifestyle Memberships are available through the Desert Mountain Club.

Last Agent to Sell the Property

Daniel Wolski

Russ Lyon Sotheby's International Realty License #SA555961000 Listed on: 01/19/2017

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: 01/19/2017

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,961

Lot Details

  • 0.88

HOA Fees

  • $212 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

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

Additional Features

  • 0.88 Acre Lot
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 219-13-154

Community Details

Overview

  • Desert Mountain HOA, Phone Number (480) 635-5600
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,961

Lot Details

0

HOA Fees

$212 per month

Listing Details

  • Cross Street: Pima Rd and Cave Creek Rd
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: Residential
  • Tax Year: 2017
  • Directions: From the intersection of Pima Rd and Cave Creek Rd, Right (East) on Cave Creek Rd, Left (North) on Desert Mountain Parkway. Guard Gate will provide directions to the property.
  • Lot Size Acres: 0.88
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: Desert Mountain
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Lot Features: Golf Course Lot, Golf Course Subd, City Light View(s), Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1274.22
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-635-5600
  • HOA Transfer Fee: 800.0
  • Association Fee: 1274.22
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain HOA
  • Phone: 480-635-5600
  • 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: 36400.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-13-154
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1961.0
  • Tax Book Number: 219.00
  • Tax Lot: 40
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2023
Sold by
Mullins James Burke and Mullins Terese Rachelle
Bought by
Okamoto Merrick D and Okamoto Kari L
Current Estimated Value
$6,246,592

Purchase Details

Closed on
Feb 23, 2021
Sold by
Mullins James Burke and Mullins Terese Rachelle
Bought by
Mullins James Burke and Mullins Terese Rachelle

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
2.7%
Mortgage Type
Small Business Administration

Purchase Details

Listed on
Jan 19, 2017
Closed on
Jun 14, 2018
Sold by
Mullins James Burke
Bought by
Mullins James Burke and Allen Terese Rachelle
Seller's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
Buyer's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
List Price
$469,000
Sold Price
$407,500
Premium/Discount to List
-$61,500
-13.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.23%
Original Mortgage
$305,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2005
Sold by
Trikell Co Llc
Bought by
Dir Claude and Dir Isabelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,500
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1997
Sold by
First American Title Insurance Company
Bought by
Trikell Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,187
Interest Rate
7.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Okamoto Merrick D $7,100,000 Arizona Premier Title
Mullins James Burke -- First Arizona Title Agency
Mullins James Burke -- Accommodation
Mullins James Burke -- Pioneer Title Agency Inc
Mullins James Burke $407,500 Pioneer Title Agency Inc
Dir Claude $695,000 --
Trikell Co Llc $783,750 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mullins James Burke $2,000,000
Previous Owner Mullins James Burke $305,000
Previous Owner Dir Claude $616,500
Previous Owner Trikell Co Llc $666,187
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2018 06/26/18 Sold $407,500 -13.1% --
05/21/2018 05/21/18 Pending -- -- --
01/23/2016 01/23/16 For Sale $469,000 -- --
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 $10,053 $181,043 -- --
2024 $9,536 $172,422 -- --
2023 $9,536 $340,420 $68,080 $272,340
2022 $9,187 $233,420 $46,680 $186,740
2021 $4,722 $103,680 $20,730 $82,950
2020 $2,159 $42,180 $42,180 $0
2019 $2,094 $36,225 $36,225 $0
2018 $2,037 $38,475 $38,475 $0
2017 $1,961 $36,450 $36,450 $0
2016 $1,953 $36,045 $36,045 $0
2015 $1,970 $35,056 $35,056 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5388042

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-13-154