NOT LISTED FOR SALE

35034 N 86th Way Unit 18 Scottsdale, AZ 85266

Boulders Neighborhood

Estimated Value: $1,886,000 - $1,951,000

0.67 Acre
$2,859,718 Price per Acre
29,185 Sq Ft Lot

Last Sold April 02, 2015

Last sale price $172,500

Est. 1,011% increase in value since last sale

Current estimated payment $10,560/month

212 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Lot Has A Rolling Slope
  • Black Mountain Elementary School Rated A-
  • Cul-De-Sac

About This Lot

As of April 2015

Awesome CUL-DE-SAC lot in the exclusive gated boutique community of Desert Springs in North Scottsdale. Great mountain views await your clients who want to build their dream home in this beautiful Desert Springs custom home community in North Scottsdale. Homes on either side of this vacant Lot 18 in Desert Springs have been built which will help your clients when building their dream home. There are multiple shopping centers, restaurants, Legend Trail golf course, and other public golf courses, and Scottsdale Healthcare and Mayo Clinic hospitals all within driving distance of this boutique North Scottsdale subdivision.

Last Agent to Sell the Property

Richard Horne

RE/MAX Excalibur License #SA505106000 Listed on: 05/01/2014

RE/MAX Excalibur

Last Buyer's Agent

Bill Schmidt

HomeSmart License #SA644342000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $781

Lot Details

  • 0.67 Acre Lot
  • Cul-De-Sac
  • Lot Has A Rolling Slope

HOA Fees

  • $81 Monthly HOA Fees

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 216-34-144

Community Details

Overview

  • Golden Valley Prop. Association, Phone Number (602) 294-0999
  • Desert Springs Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$781

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Cross Street: Pima & Westland
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Topography: Rolling
  • Zoning: Residential
  • Tax Year: 2013
  • Directions: N on Pima, past Westland to W on Hawknest. Take 1st left (N 87th St) into Desert Springs, S thru gate. Turn right onto E Arroyo Seco Rd,take 1st left onto N 86th Way, past Villa Cassandra to Lot 18.
  • Horses: No
  • Lot Size Acres: 0.67
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reex03
  • Co List Office Phone: 480-344-4400
  • Subdivision Name: Desert Springs
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Lot Features: Cul-De-Sac, 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: 242.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 602-294-0999
  • HOA Transfer Fee: 400.0
  • Association Fee: 242.0
  • Association Fee Frequency: Quarterly
  • Association Name: Golden Valley Prop.
  • Phone: 602-294-0999
  • 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: 29027.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 216-34-144
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 781.0
  • Tax Book Number: 216.00
  • Tax Lot: 18
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2018
Sold by
New Life Assets Inc
Bought by
Morgan John T and Morgan Heather E
Current Estimated Value
$1,916,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$590,717
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,325,294

Purchase Details

Closed on
Jul 29, 2015
Sold by
Sierra Property Development Inc
Bought by
New Life Assets Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 4, 2014
Sold by
Gullekson Joshua Bill and Gullekson Amy Elizabeth
Bought by
Sierra Property Development Inc

Purchase Details

Closed on
Apr 19, 2010
Sold by
Avalos Norma
Bought by
Avalos Gilbert

Purchase Details

Closed on
Apr 10, 2009
Sold by
Agk Development
Bought by
Gullekson Joshua Bill and Gullekson Amy Elizabeth

Purchase Details

Closed on
Oct 30, 2007
Sold by
K Hovnanian Great Western Homes Llc
Bought by
K Hovnanian Great Western Building Co

Purchase Details

Closed on
Mar 15, 2005
Sold by
Gullekson Bruce
Bought by
Agk Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 13, 2004
Sold by
Palcau Lidia
Bought by
Palcau Valerica

Purchase Details

Closed on
May 27, 2004
Sold by
Millennium Development Co
Bought by
Gullekson Bruce

Purchase Details

Closed on
Oct 2, 2000
Sold by
United Homes Inc
Bought by
Grabscheid William H

Purchase Details

Closed on
Dec 22, 1998
Sold by
United Homes Inc
Bought by
United Homes Inc

Purchase Details

Closed on
Jan 9, 1995
Sold by
Trotta Darin Louis and Manning Lisa
Bought by
Trotta Darin Louis and Trotta Lisa Loraine
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
Morgan John T $1,100,000 Millennium Title Agency Llc
New Life Assets Inc $172,500 First American Title Ins Co
Sierra Property Development Inc $172,500 First American Title Ins Co
Avalos Gilbert -- Lawyers Title Of Arizona Inc
Gullekson Joshua Bill $400,000 None Available
K Hovnanian Great Western Building Co -- Security Title Agency
Agk Development $200,000 Equity Title Agency Inc
Palcau Valerica -- Transnation Title
Gullekson Bruce $505,000 Equity Title Agency Inc
Grabscheid William H -- Chicago Title Insurance Co
United Homes Inc -- Chicago Title Insurance Co
Trotta Darin Louis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan John T $700,000
Previous Owner New Life Assets Inc $172,500
Previous Owner Agk Development $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2015 04/02/15 Sold $172,500 -15.9% --
11/23/2014 11/23/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $205,000 -- --
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 $3,356 $71,883 -- --
2024 $3,241 $68,460 -- --
2023 $3,241 $115,910 $23,180 $92,730
2022 $3,112 $89,810 $17,960 $71,850
2021 $3,456 $82,810 $16,560 $66,250
2020 $3,400 $75,250 $15,050 $60,200
2019 $3,293 $74,500 $14,900 $59,600
2018 $937 $21,390 $21,390 $0
2017 $902 $19,845 $19,845 $0
2016 $898 $18,945 $18,945 $0
2015 $906 $19,280 $19,280 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5108972

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-34-144