NOT LISTED FOR SALE

37920 N 98th Place Unit 300 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $361,285 - $874,000

0.95 Acre
$581,917 Price per Acre
41,382 Sq Ft Lot

Last Sold May 30, 2017

Last sale price $195,656

Est. 183% increase in value since last sale

Current estimated payment $3,333/month

14 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Cul-De-Sac
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • Property is near a golf course

About This Lot

As of May 2017

Nearly an acre in size, a large building envelope of 20,544 square feet, and approximately 240 feet of street frontage is this Sunrise Village lot located in Desert Mountain. Situated in a cul-de-sac with vibrant sunrise views and vast mountain views. Close proximity to front gate and second gate. Relatively flat lot makes for ease of build. And the back faces south/southwest for best winter and summer sun. Price does not include membership to Desert Mountain Club.

Last Agent to Sell the Property

Scott Naumann

Mountain & Desert Properties, LLC License #BR102852000 Listed on: 03/27/2017

Co-Listed By

Jake Edwards

Mountain & Desert Properties, LLC License #BR641289000

Last Buyer's Agent

Kathleen Benoit

Russ Lyon Sotheby's International Realty License #BR573606000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $713

Lot Details

  • 0.95 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $278 Monthly HOA Fees

Schools

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

Additional Features

  • Mountain Views
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 300
  • Assessor Parcel Number 219-11-768

Community Details

Overview

  • Desert Mountain Ccmc Association, Phone Number (480) 595-4220
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$713

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Cross Street: Pima & Cave Creek
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: RES
  • Tax Year: 2016
  • Directions: North on Pima, East on Cave Creek Rd. to Desert Mountain entry gate. Ask Guard for directions to Sunrise Lot 300.
  • Lot Size Acres: 0.95
  • Road Surface Type: Private Street
  • Co List Office Mls Id: dmll01
  • Co List Office Phone: 480-488-9974
  • Subdivision Name: Desert Mountain
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Lot Features: Cul-De-Sac, Golf Course Subd, Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1665.66
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 784.0
  • Association Fee: 1665.66
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain CCMC
  • Phone: 480-595-4220
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 40136.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-11-768
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 713.0
  • Tax Book Number: 219.00
  • Tax Lot: 300
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2017
Closed on
May 16, 2017
Sold by
Shanholt Kern Holduings Llc
Bought by
Pluth Martib J and Pluth Barbard A
Seller's Agent
Scott Naumann
Mountain & Desert Properties, LLC
Buyer's Agent
Kathleen Benoit
Russ Lyon Sotheby's International Realty
List Price
$200,000
Sold Price
$195,656
Premium/Discount to List
-$4,344
-2.17%
Current Estimated Value
$552,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,165
Avg. Annual Appreciation
13.37%

Purchase Details

Closed on
Jul 9, 2013
Sold by
Shanholt John and Kern Gail E
Bought by
Shanholt Kern Holdings Llc

Purchase Details

Listed on
Oct 15, 2012
Closed on
Apr 27, 2013
Sold by
Patel Kirit and Patel Priti
Bought by
Shanholt Joha and Kern Gail E
Seller's Agent
Scott Naumann
Mountain & Desert Properties, LLC
Buyer's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
List Price
$125,000
Sold Price
$112,000
Premium/Discount to List
-$13,000
-10.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%

Purchase Details

Closed on
Feb 28, 2005
Sold by
Buford Samuel Tilden and Buford Sue Ann
Bought by
Patel Kirit and Patel Priti

Purchase Details

Closed on
Feb 20, 2004
Sold by
Mathy Harold E and Mathy Janelle P
Bought by
Buford Samuel Tilden and Buford Sue Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 1994
Sold by
First American Title Insurance Company
Bought by
Mathy Harold E and Mathy Janelle P
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
Pluth Martib J $195,652 First Arizona Title Agency L
Shanholt Kern Holdings Llc -- Accommodation
Shanholt Joha $112,000 Us Title Agency Llc
Patel Kirit $320,000 Security Title Agency Inc
Buford Samuel Tilden $300,000 First American Title Ins Co
Mathy Harold E $199,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buford Samuel Tilden $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2017 05/30/17 Sold $195,656 -2.2% --
04/10/2017 04/10/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $200,000 +78.6% --
04/25/2013 04/25/13 Sold $112,000 -10.4% --
03/25/2013 03/25/13 Pending -- -- --
10/15/2012 10/15/12 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 $803 $14,572 $14,572 --
2024 $768 $13,878 $13,878 --
2023 $768 $35,730 $35,730 $0
2022 $739 $19,440 $19,440 $0
2021 $803 $18,135 $18,135 $0
2020 $789 $18,780 $18,780 $0
2019 $765 $18,360 $18,360 $0
2018 $744 $16,320 $16,320 $0
2017 $717 $16,650 $16,650 $0
2016 $713 $15,975 $15,975 $0
2015 $720 $12,400 $12,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5581362

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-768