NOT LISTED FOR SALE

16057 N 111th Way Scottsdale, AZ 85255

McDowell Mountain Ranch Neighborhood

Estimated Value: $1,255,000 - $1,865,000

3 Beds
2.5 Baths
3,259 Sq Ft
$515/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $685,000 $210 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $9,758/month

353 Days on Market

Highlights

  • Gated with Attendant
  • Mountain View
  • Hydromassage or Jetted Bathtub
  • Desert Canyon Elementary School Rated A
  • Family Room with Fireplace
  • Private Yard

About This Home

As of July 2013

Below comps. Ignore days on market, escrow fell out. Sought after Edmunds Morena model w/ Santa Barbara elevation. Kitchen w/ alder cabinets, Sub-Zero, gas cooktop, R/O & breakfast bar. Open floorplan w/ formal living room & spacious family room separated by a beautifully appointed two-way fireplace and a formal dining room. Large master suite w/ granite, his/her vanities and closets. Beautiful wall of arched windows and door, large covered patio, meticulously manicured desert oasis w/ water feature and mountain views.

Last Agent to Sell the Property

David Lewis

Fathom Realty Elite License #BR005062000 Listed on: 06/07/2012

Fathom Realty Elite

Last Buyer's Agent

Ronald Whiteman

Realty ONE Group License #SA106729000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,043

Year Built

  • Built in 1998

Lot Details

  • 0.27 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,259 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Two Way Fireplace
  • Gas Fireplace
  • Solar Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned
  • Breakfast Bar
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch

Schools

  • Desert Canyon Elementary School
  • Copper Ridge Elementary Middle School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 217-17-731

Community Details

Overview

  • Association fees include cable TV, street maintenance
  • Assoc Asset Mgmt Association, Phone Number (480) 551-4300
  • Mcdowell Mountain Association, Phone Number (602) 957-9191
  • Association Phone (602) 957-9191
  • Built by Edmunds-Toll
  • Mcdowell Mountain Ranch P Subdivision, Morena Floorplan

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,043

Year Built

Built in 1998

Lot Details

0

HOA Fees

$178 per month

Parking

2

Listing Details

  • Cross Street: FLW & Thompson Peak Pkwy
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: McDowell Mountain
  • HOA #2 Phone Number: 602-957-9191
  • HOA #2 Transfer Fee: 275.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 178.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1998
  • Tax Year: 2011
  • Directions: FLW, N on Thompson Peak, R on McDowell Mtn Ranch Rd, E on Paradise Lane to guard, L on 111th, R on Mirasol Cr to 111th Way
  • Master Model: Morena
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.27
  • Subdivision Name: McDowell Mountain Ranch p
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • Association Fees:HOA Fee2: 145.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Two Way Fireplace, Family Room, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Other, See Remarks, Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 3259.0
  • Stories: 1
  • Window Features: Solar Screens
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Special Asmnt Dist, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Other7: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System, Security System Owned, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Guarded Entry
  • Association #2 Fee: 99.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 145.0
  • Association Fee Frequency: Monthly
  • Association: McDowell Mountain
  • Association Name: 100 Hills HOA
  • Association Phone #2: 602-957-9191
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 100 Hills HOA
  • Association Fees:HOA Telephone4: 602-957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 0.15
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:HOA Management Company: Rossmar & Graham
  • Association Fees:HOA Management Phone: 4805514300
  • Association Fees:HOA Paid Frequency 2: Quarterly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fees:HOA Management Company 2: Assoc Asset Mgmt
  • Association Fees:HOA Management Phone 2: 6029579191
  • Association Fee Incl:Cable or Satellite: Yes
  • Association Fees:PAD Paid (Freq)2: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Street Maint

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11803.0
  • Parcel #: 217-17-731

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Edmunds-Toll

Tax Info

  • Tax Annual Amount: 4043.0
  • Tax Book Number: 217.00
  • Tax Lot: 34
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2012
Closed on
Jul 11, 2013
Sold by
Otto Robert G
Bought by
Otto Robert G and The Robert G Otto Revocable Tr
Seller's Agent
David Lewis
Fathom Realty Elite
Buyer's Agent
Ronald Whiteman
Realty ONE Group
List Price
$750,000
Sold Price
$685,000
Premium/Discount to List
-$65,000
-8.67%
Total Days on Market
353
Current Estimated Value
$1,679,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$994,207
Avg. Annual Appreciation
7.67%
Original Mortgage
$400,000
Outstanding Balance
$291,141
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$1,388,066

Purchase Details

Listed on
Jun 7, 2012
Closed on
Jul 8, 2013
Sold by
Cobb Nathan A and Cobb Saundra L
Bought by
Otto Robert G
Seller's Agent
David Lewis
Fathom Realty Elite
Buyer's Agent
Ronald Whiteman
Realty ONE Group
List Price
$750,000
Sold Price
$685,000
Premium/Discount to List
-$65,000
-8.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$291,141
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$1,388,066

Purchase Details

Closed on
Nov 24, 2003
Sold by
Anderson Carl E and Anderson Bethel M
Bought by
Cobb Nathan A and Cobb Saundra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,600
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 1998
Sold by
Edmunds Toll Ltd Partnership
Bought by
Anderson Carl E and Anderson Bethel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.97%
Mortgage Type
New Conventional
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
Otto Robert G -- Accommodation
Otto Robert G $685,000 First Arizona Title Agency
Cobb Nathan A $612,000 Title Partners Of Phoenix In
Anderson Carl E $404,683 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otto Robert G $400,000
Previous Owner Cobb Nathan A $125,000
Previous Owner Cobb Nathan A $60,000
Previous Owner Cobb Nathan A $489,600
Previous Owner Anderson Carl E $323,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2013 07/12/13 Sold $685,000 -0.6% $210 / Sq Ft
04/21/2013 04/21/13 Price Changed $689,000 -1.4% $211 / Sq Ft
01/16/2013 01/16/13 Price Changed $699,000 -3.6% $214 / Sq Ft
08/16/2012 08/16/12 Price Changed $725,000 -3.3% $222 / Sq Ft
06/07/2012 06/07/12 For Sale $750,000 -- $230 / 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 $5,156 $85,076 -- --
2024 $5,090 $81,025 -- --
2023 $5,090 $106,650 $21,330 $85,320
2022 $4,798 $86,720 $17,340 $69,380
2021 $5,531 $82,160 $16,430 $65,730
2020 $5,514 $82,900 $16,580 $66,320
2019 $5,309 $80,710 $16,140 $64,570
2018 $5,136 $73,210 $14,640 $58,570
2017 $4,904 $66,800 $13,360 $53,440
2016 $4,812 $66,370 $13,270 $53,100
2015 $4,585 $66,680 $13,330 $53,350
Source: Public Records

Agents Affiliated with this Home

  • David Lewis

    Seller's Agent in 2013

    David Lewis

    Fathom Realty Elite

    (602) 377-0491

    46 Total Sales

    David Lewis
    Section Image

  • R

    Buyer's Agent in 2013

    Ronald Whiteman

    Realty One Group

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4770994

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-17-731

Arizona Maricopa County Scottsdale 85255 McDowell Mountain Ranch

16057 N 111th Way, Scottsdale, AZ

This home is located at 16057 N 111th Way, Scottsdale, AZ 85255 since 07 June 2012 and is currently estimated at $1,679,207, approximately $515 per square foot. This property was built in 1998. 16057 N 111th Way is a home located in Maricopa County with nearby schools including Desert Canyon Elementary School, Desert Canyon Middle School, and Desert Mountain High 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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