NOT LISTED FOR SALE

37905 N 97th Place Unit 322 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $275,231 - $2,756,000

0.88 Acre
$1,309,441 Price per Acre
38,333 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $195,000

Est. 493% increase in value since last sale

Current estimated payment $6,660/month

11 Days on Market

About This Lot

As of March 2021

This custom homesite will delight those who seek a wonderful buildable lot located in prestigious Desert Mountain, home to the Desert Mountain Club, featuring seven golf courses, nine private restaurants or grills, a state-of-the-art golf performance center, a twenty-mile private hiking trail system, and seven major clubhouses. One of them, the Sonoran Clubhouse, had a $12,000,000 renovation completed in late 2016, and then added six pickleball courts, two golf croquet courts, and two bocce courts the next summer. An Equity Golf Membership in the Club is not included, but available. Architects' Conceptual Plan available upon request.

Living in Desert Mountain provides very convenient access to the facilities of The Desert Mountain Club, an established, thirty-four year-old, private clu owned and governed by its Members, with a long list of amenities including six Jack Nicklaus Signature Golf Courses (along with four very well-designed golf practice ranges), six clubhouses with eight restaurants, one of the best golf performance centers in the country for swing analysis, lessons, golf club fitting, and golf club repairs; and horseback riding on a fifteen-mile long trail system located in and on top of the Continental Mountains at the rear of the 8,200 acre community (the trail system is an amenity for all Desert Mountain residents, not just Club Members). These trails rise to over 4,000' and provide astonishing views many miles in all directions.

One of the Clubhouses, the Sonoran Clubhouse, is the Club's swim, tennis, fitness and spa facility. A $12,000,000 expansion and renovation of that facility was completed in October, 2016 to much acclaim. Since then, six pickleball courts have been added, along with a golf croquet court and a bocce ball court. It is now a remarkable amenity, adding tremendous value and enjoyment to the community's Club Member residents. Membership to the Club is not included in the purchase price of this lot, but they are available upon application to The Club.

Desert Mountain is in the foothills of the Continental Mountains in north Scottsdale. The Front Gate of the community is typically an easy forty minute drive to Phoenix Sky Harbor Airport. The nearby towns of Carefree and Cave Creek provide most of the shopping Desert Mountain residents need within about a ten minute drive of the Front Gate. Over the years, Desert Mountain has attracted people from all over the United States and Canada, plus a few from the UK and Germany. It is an extraordinarily notable community of its type, if not unique in the entire United States, and deserves thorough evaluation by anyone looking for a gated community lifestyle in Arizona.

Last Agent to Sell the Property

Davis Driver

RE/MAX Fine Properties License #BR009018000 Listed on: 01/17/2021

RE/MAX Fine Properties

Co-Listed By

Kathleen Martz-Spidell

Compass License #SA686422000

Last Buyer's Agent

Adela Gheorghe

AMG 4 Kingdom Realty License #BR548348000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $755

Lot Details

  • 0.88 Acre Lot
  • Property is zoned R-35

HOA Fees

  • $260 Monthly HOA Fees

Schools

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

Community Details

  • Desert Mountain HOA, Phone Number (480) 635-5600
  • Desert Mountain Phase 1 Unit 2 Lot 206 335 Tr A Subdivision

Listing and Financial Details

  • Tax Lot 322
  • Assessor Parcel Number 219-11-790

Property Details

Property Type

Land

Est. Annual Taxes

$755

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Cross Street: Cave Creek Rd & Desert Mountain Pkwy
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R-35
  • Tax Year: 2020
  • Directions: North on Pima. Right on Cave Creek Road. Drive one mile, left on Desert Mountain Parkway. Ask guard at gate for directions to Sunrise 322.
  • Horses: No
  • Lot Size Acres: 0.88
  • Co List Office Mls Id: rmfp03
  • Co List Office Phone: 480-792-9500
  • Subdivision Name: DESERT MOUNTAIN PHASE 1 UNIT 2 LOT 206-335 TR A
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1561.14
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-635-5600
  • Association Fee: 1561.14
  • 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: 38545.0
  • Additional Parcels: No
  • Parcel #: 219-11-790
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 755.0
  • Tax Book Number: 219.00
  • Tax Lot: 322
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2021
Closed on
Mar 9, 2021
Sold by
Sulenta Sage
Bought by
Sis Capital Llc
Seller's Agent
Davis Driver
RE/MAX Fine Properties
Buyer's Agent
Adela Gheorghe
AMG 4 Kingdom Realty
List Price
$229,000
Sold Price
$195,000
Premium/Discount to List
-$34,000
-14.85%
Current Estimated Value
$1,157,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$962,188
Avg. Annual Appreciation
49.15%

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jul 24, 2020
Sold by
Tingle Marcus A
Bought by
Sulenta Sage
Seller's Agent
Nathaniel Pierce
Venture REI, LLC
Buyer's Agent
Davis Driver
RE/MAX Fine Properties
List Price
$179,900
Sold Price
$139,000
Premium/Discount to List
-$40,900
-22.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.19%

Purchase Details

Listed on
Oct 4, 2016
Closed on
Feb 9, 2018
Sold by
Alibro Properties Inc
Bought by
Tingle Marcus A
Seller's Agent
Cheryl D'Anna
Russ Lyon Sotheby's International Realty
Buyer's Agent
Nathaniel Pierce
Venture REI, LLC
List Price
$125,000
Sold Price
$124,500
Premium/Discount to List
-$500
-0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
Oct 14, 2005
Sold by
Kelly Michael P and Kelly Myrna
Bought by
Alibro Properties Inc

Purchase Details

Closed on
Jan 12, 1996
Sold by
Kelly Michael P and Kelly Myrna
Bought by
Kelly Michael P and Kelly Myrna C

Purchase Details

Closed on
Aug 4, 1995
Sold by
First American Title Insurance Company
Bought by
Kelly Michael P and Kelly Myrna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,750
Interest Rate
7.71%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sis Capital Llc $195,000 American Title Svc Agcy Llc
Sulenta Sage $139,000 Fidelity Natl Ttl Agcy Inc
Tingle Marcus A $124,500 Fidelity National Title Agen
Alibro Properties Inc $457,500 Equity Title Agency Inc
Kelly Michael P -- --
Kelly Michael P $235,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Michael P $199,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $195,000 -14.8% --
01/26/2021 01/26/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $229,000 +64.7% --
07/31/2020 07/31/20 Sold $139,000 -6.7% --
03/11/2020 03/11/20 Price Changed $149,000 -11.8% --
01/20/2020 01/20/20 Price Changed $169,000 -6.1% --
11/01/2019 11/01/19 For Sale $179,900 +44.5% --
02/26/2018 02/26/18 Sold $124,500 0.0% --
09/24/2017 09/24/17 Price Changed $124,500 -0.4% --
10/04/2016 10/04/16 For Sale $125,000 -- --
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 $769 $13,956 $13,956 --
2024 $735 $13,292 $13,292 --
2023 $735 $34,470 $34,470 $0
2022 $708 $18,690 $18,690 $0
2021 $769 $17,415 $17,415 $0
2020 $755 $18,015 $18,015 $0
2019 $733 $17,520 $17,520 $0
2018 $713 $15,645 $15,645 $0
2017 $686 $15,855 $15,855 $0
2016 $683 $15,150 $15,150 $0
2015 $689 $11,856 $11,856 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6182226

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-790