NOT LISTED FOR SALE

28813 N Rio Mountain Ct Unit 43 Scottsdale, AZ 85262

Estimated Value: $105,000 - $556,000

1.05 Acres
$264,967 Price per Acre
45,738 Sq Ft Lot

Last Sold February 10, 2012

Last sale price $20,000 $0 Per Sq Ft

Est. 1,291% increase in value since last sale

Current estimated payment $1,515/month

183 Days on Market

Highlights

  • Gated Community
  • Sonoran Trails Middle School Rated A-
  • Mountain View

About This Lot

As of February 2012

REO PROPERTY - Outstanding opportunity in gated Rio Mountain Estates. Enjoy paved roads, beautiful custom homes, private utilities, and great mountain views. Rio Verde's finest community. REO PROPERTY - buyer to verify all facts, figures, measurements, utilities, CC&Rs.

Last Agent to Sell the Property

Gene Montemore

Compass License #SA531107000 Listed on: 07/26/2011

Compass

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $417

Lot Details

  • 1.05 Acre Lot
  • Irregular Lot
  • Property is zoned RU-43

Interior Spaces

  • 45,550 Sq Ft Home
  • Mountain Views

Community Details

  • $960 per year Dock Fee
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$417

Lot Details

0

Listing Details

  • Tax Municipality: Maricopa - COUNTY
  • Cross Street: Dynamite/152nd St
  • Legal Info Lot Number: 43
  • Legal Info Range: 6E
  • Legal Info Section: 29
  • Legal Info Township: 5N
  • Roads Streets: Asphalt
  • Property Type: C
  • Estimated Deeded Fee Acres: 1.05
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 1.05
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 296.00
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Lot
  • Land Configuration: Irregular Shape
  • Land Features: Gated Community, Mountain View(s)
  • Legal Description Abbrev: RIO MOUNTAIN ESTATES UNIT 1
  • Parcel Size: 1.00 - 2.49 Acres
  • Price Per Acre: 34190.47
  • Price Per Sq Ft: 0.78
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: RU-43
  • Map Code Grid: H40
  • Tax Year: 2010
  • Directions: (N) to gated Rio Mountain Estates, (W) through gate to 151st, (N) to Saguaro Vista Ct, (W) to Rio Mountain Ct (property at NEC).
  • Special Features: 20
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 45550.00

Exterior Features

  • Lot Number: 43

Utilities

  • Water: Private Franchise
  • Electric: Srp

Condo/Co-op/Association

  • Association Info: Owner Association
  • Association Info HOA: Y
  • Annual HOA Fees: 270.00
  • HOA Paid Frequency: Quarterly

Lot Info

  • Lot Size: IRR

Tax Info

  • Taxes: 960.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Masalkhi Muttaa and Masalkhi Raghed
Bought by
Rio Mountain Properties Llc
Current Estimated Value
$278,215

Purchase Details

Listed on
Jul 26, 2011
Closed on
Jan 23, 2012
Sold by
Bmo Harris Bank Na
Bought by
Masalkhi Muttaa and Masalkhi Raghed
Seller's Agent
Gene Montemore
Compass
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$65,000
Sold Price
$20,000
Premium/Discount to List
-$45,000
-69.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.24%

Purchase Details

Closed on
Apr 28, 2011
Sold by
Buena Tierra Unlimited Llc
Bought by
M&I Marshall & Ilsley Bank

Purchase Details

Closed on
Sep 23, 2005
Sold by
Avey Medd Investments Llc
Bought by
Buena Tierra Unlimited Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,500
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2005
Sold by
Rio Verde 160 Lp
Bought by
Avey Medd Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,500
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Rio Mountain Properties Llc -- None Listed On Document
Masalkhi Muttaa $20,000 Pioneer Title Agency Inc
M&I Marshall & Ilsley Bank -- Magnus Title Agency
Buena Tierra Unlimited Llc $309,900 Security Title Agency Inc
Avey Medd Investments Llc $1,270,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buena Tierra Unlimited Llc $176,500
Previous Owner Avey Medd Investments Llc $952,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2012 02/10/12 Sold $20,000 -69.2% $0 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
07/26/2011 07/26/11 For Sale $65,000 -- $1 / 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 $417 $8,441 $8,441 --
2024 $399 $8,039 $8,039 --
2023 $399 $14,985 $14,985 $0
2022 $392 $11,730 $11,730 $0
2021 $421 $13,470 $13,470 $0
2020 $414 $13,905 $13,905 $0
2019 $406 $11,295 $11,295 $0
2018 $388 $11,445 $11,445 $0
2017 $376 $11,685 $11,685 $0
2016 $352 $11,790 $11,790 $0
2015 $374 $8,224 $8,224 $0
Source: Public Records

Agents Affiliated with this Home

  • Gene Montemore

    Seller's Agent in 2012

    Gene Montemore

    Compass

    (480) 529-4363

    1 in this area

    79 Total Sales

    Gene Montemore
    Section Image

  • N

    Buyer's Agent in 2012

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4621824

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-39-296

Arizona Maricopa County Scottsdale 85262

28813 N Rio Mountain Ct Unit 43, Scottsdale, AZ

This home is located at 28813 N Rio Mountain Ct Unit 43, Scottsdale, AZ 85262 since 26 July 2011 and is currently estimated at $278,215, approximately $6 per square foot. 28813 N Rio Mountain Ct Unit 43 is a home located in Maricopa County with nearby schools including Desert Sun Academy, Sonoran Trails Middle School, and Cactus Shadows 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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