NOT LISTED FOR SALE

37820 N 97th Way Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $3,917,000 - $4,855,000

4 Beds
4.5 Baths
5,205 Sq Ft
$819/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $3,950,000 $759 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $24,713/month

901 Days on Market

Highlights

  • Gated with Attendant
  • Heated Spa
  • Mountain View
  • Black Mountain Elementary School Rated A-
  • Two Primary Bathrooms
  • Contemporary Architecture

About This Home

As of February 2024

NEW MORTENSEN SIGNATURE HOME JUST COMPLETED. Large corner lot that sits on a private loop road. Long views south to Pinnacle Peak Mountain. Subzero Wolfe appliances add to this ever popular great room kitchen floorplan with a spectacular waterfall kitchen island. Open concept indoor - outdoor masterpiece designed for Arizona living at it's best. 2 master suites, 2 additional ensuite bedrooms plus den. Wood flooring throughout, patio veranda that stretches the entire width of your resort style patio designed for your maximum comfort. Pebble tec pool / spa, built in BBQ and exterior fireplace. Lighted front and rear landscape with drip system throughout. Whole home furniture packages available. Desert Mountain memberships extra and arranged by application.

Last Agent to Sell the Property

Brian Herrera

HomeSmart License #SA627774000 Listed on: 07/28/2021

HomeSmart

Last Buyer's Agent

Joanie Barreiro

Russ Lyon Sotheby's International Realty License #SA569108000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,712

Year Built

  • Built in 2023

Lot Details

  • 0.85 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Sprinklers on Timer

HOA Fees

  • $262 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Home to be built
  • Contemporary Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 5,205 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Wood Frame Window
  • Solar Screens
  • Mountain Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered patio or porch
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 324
  • Assessor Parcel Number 219-11-792

Community Details

Overview

  • Association fees include street maintenance
  • Desert Mountain Association, Phone Number (480) 635-5600
  • Built by Mortensen Sig Homes of Az LLC
  • Desert Mountain Phase 1 Unit 2 Lot 206 335 Tr A Subdivision

Recreation

  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,712

Year Built

Built in 2023

Lot Details

0

HOA Fees

$262 per month

Parking

3

Listing Details

  • Cross Street: Desert Mountain Parkway & Cave Creek Road
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 262.38
  • Basement: N
  • Energy Green Feature H E R S Rating: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2023
  • Tax Year: 2022
  • Directions: Pima Road North to Cave Creek Road. 1 mile east to Desert Mountain Parkway. Proceed to the Guard House for directions.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.85
  • Subdivision Name: DESERT MOUNTAIN PHASE 1 UNIT 2 LOT 206-335 TR A
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 1574.28
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated
  • Appliances: Gas Cooktop
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, No Interior Steps, Wet Bar, Kitchen Island, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5205.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane, Tinted Windows, Wood Frames
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Guarded Entry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Other, Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Corner Lot, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: To Be Built
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Construction Status:To Be Built: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Guarded Entry, Biking/Walking Path
  • Association Fee: 1574.28
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain
  • Phone: 480-635-5600
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 800.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Desert Mountain
  • Association Fees:HOA Telephone4: 480 635 5600
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 800.0
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Street Maint

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

  • Land Lease: No
  • Lot Size Sq Ft: 37163.0
  • Parcel #: 219-11-792

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Mortensen Sig Homes of Az LLC

Tax Info

  • Tax Annual Amount: 1712.46
  • Tax Book Number: 219.00
  • Tax Lot: 324
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Feb 29, 2024
Sold by
Mortensen Signature Hm/Az Llc
Bought by
Champagne Joint Revocable Trust and Champagne
Seller's Agent
Brian Herrera
HomeSmart
Buyer's Agent
Joanie Barreiro
Russ Lyon Sotheby's International Realty
List Price
$4,195,000
Sold Price
$3,950,000
Premium/Discount to List
-$245,000
-5.84%
Views
90
Current Estimated Value
$4,300,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,208
Avg. Annual Appreciation
5.77%
Original Mortgage
$2,962,500
Outstanding Balance
$2,924,794
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,357,393

Purchase Details

Closed on
Dec 8, 2020
Sold by
Trethan Metro Dm Llc
Bought by
Mortensen Signature Homes

Purchase Details

Closed on
Jul 1, 2010
Sold by
North Scottsdale Lot Consultants Llc
Bought by
Trethan Metro Dm Llc

Purchase Details

Closed on
Jun 3, 2010
Sold by
Coyote Capital Investments Llc
Bought by
North Scottsdale Lot Consultants Llc

Purchase Details

Closed on
May 13, 2010
Sold by
204 Won Llc
Bought by
Coyote Capital Investments Llc

Purchase Details

Closed on
Apr 23, 2010
Sold by
Kabat Walter
Bought by
204 Won Llc

Purchase Details

Closed on
Mar 28, 2009
Sold by
Kabat Walter and Pyter Kabat Ludmila
Bought by
6030 N Camelback Manor Llc

Purchase Details

Closed on
Aug 5, 2008
Sold by
Kabat Walter
Bought by
Kabat Walter and Pyter Kabat Ludmila

Purchase Details

Closed on
Jul 30, 2003
Sold by
Kabat Ludi
Bought by
Kabat Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2003
Sold by
Desert Mountain Properties Lp
Bought by
Kabat Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2003
Sold by
Wood Joseph P and Wood Janet A
Bought by
Desert Mountain Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1999
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Wood Joseph P and Wood Janet A

Purchase Details

Closed on
Dec 24, 1998
Sold by
Ram Development Company Inc
Bought by
Desert Mountain Properties Ltd Prtnrshp

Purchase Details

Closed on
Jun 26, 1997
Sold by
First American Title Insurance Company
Bought by
Ram Development Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 23, 1997
Sold by
Livin Mills Marion E and Livin Marion E Mills Revocable
Bought by
First American Title Insurance Company and Trust #7711

Purchase Details

Closed on
Dec 18, 1996
Sold by
Vista Arroyo Holdings Ltd
Bought by
Marion E Mills Trust

Purchase Details

Closed on
Sep 22, 1994
Sold by
Rick Caruthers Construction Inc
Bought by
Vista Arroyo Holdings

Purchase Details

Closed on
Jun 30, 1994
Sold by
Warwick Clarendon Investors Ltd
Bought by
Rick Caruthers Construction Inc

Purchase Details

Closed on
Jun 1, 1994
Sold by
Crawford Gaylon E
Bought by
Warwick Clarendon Investors Ltd
Source: Public Records

Range of Values:

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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
Champagne Joint Revocable Trust $3,950,000 Clear Title Agency Of Arizona
Mortensen Signature Homes $339,999 First American Title Ins Co
Trethan Metro Dm Llc -- Accommodation
North Scottsdale Lot Consultants Llc $80,000 Us Title Agency Llc
Coyote Capital Investments Llc $73,000 Security Title Agency
204 Won Llc $63,974 Security Title Agency
6030 N Camelback Manor Llc -- None Available
Kabat Walter -- None Available
Kabat Walter -- First American Title Ins Co
Kabat Walter $206,250 First American Title Ins Co
Desert Mountain Properties Lp $360,000 First American Title Ins Co
Wood Joseph P $361,250 First American Title
Desert Mountain Properties Ltd Prtnrshp $325,000 First American Title
Ram Development Company Inc $270,000 First American Title
First American Title Insurance Company $275,000 First American Title
Marion E Mills Trust -- --
Vista Arroyo Holdings $200,000 First American Title
Rick Caruthers Construction Inc -- First American Title
Warwick Clarendon Investors Ltd $104,000 Chicago Title Insurance Co
Crawford Gaylon E -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Champagne Joint Revocable Trust $2,962,500
Previous Owner Mortensen Signature Homes Of Arizona Llc $10,000,000
Previous Owner Kabat Walter $300,000
Previous Owner Kabat Walter $125,000
Previous Owner Kabat Walter $125,000
Previous Owner Ram Development Company Inc $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $3,950,000 -5.8% $759 / Sq Ft
01/18/2024 01/18/24 Price Changed $4,195,000 0.0% $806 / Sq Ft
01/18/2024 01/18/24 For Sale $4,195,000 0.0% $806 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
03/09/2022 03/09/22 Price Changed $4,195,000 +5.1% $806 / Sq Ft
02/23/2022 02/23/22 Price Changed $3,990,000 +8.1% $767 / Sq Ft
07/28/2021 07/28/21 For Sale $3,690,000 -- $709 / 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 $8,418 $170,573 -- --
2024 $723 $162,450 -- --
2023 $723 $33,810 $33,810 $0
2022 $696 $18,300 $18,300 $0
2021 $756 $17,055 $17,055 $0
2020 $743 $17,625 $17,625 $0
2019 $721 $17,190 $17,190 $0
2018 $701 $15,360 $15,360 $0
2017 $675 $15,570 $15,570 $0
2016 $672 $14,880 $14,880 $0
2015 $678 $11,568 $11,568 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Herrera

    Seller's Agent in 2024

    Brian Herrera

    HomeSmart

    (480) 244-8298

    54 in this area

    54 Total Sales

    Section Image
  • Joanie Barreiro

    Buyer's Agent in 2024

    Joanie Barreiro

    Russ Lyon Sotheby's International Realty

    (480) 235-2776

    35 in this area

    46 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6270701

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-792

Arizona Maricopa County Scottsdale 85262 Desert Mountain

37820 N 97th Way, Scottsdale, AZ

This home is located at 37820 N 97th Way, Scottsdale, AZ 85262 since 28 July 2021 and is currently estimated at $4,264,875, approximately $819 per square foot. This property was built in 2023. 37820 N 97th Way is a home located in Maricopa County with nearby schools including Black Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle 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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