NOT LISTED FOR SALE

Estimated Value: $2,853,000 - $3,369,000

1 Acre
$3,104,884 Price per Acre
43,560 Sq Ft Lot

Last Sold July 29, 2014

Last sale price $135,000

Est. 2,200% increase in value since last sale

Current estimated payment $18,089/month

640 Days on Market

Highlights

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

About This Lot

As of July 2014

Mountain views, saguaro cacti and abundant Sonoran Desert vegetation. List price includes an Equity Golf Membership in the Desert Mountain Club.

Last Agent to Sell the Property

Kathleen Benoit

Russ Lyon Sotheby's International Realty License #BR573606000 Listed on: 09/19/2012

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Brian Herrera

HomeSmart License #SA627774000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,460

Year Built

  • 2016

Lot Details

  • 1

HOA Fees

  • $211 Monthly HOA Fees

Schools

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

Additional Features

  • Mountain Views
  • 1 Acre Lot
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 335
  • Assessor Parcel Number 219-11-803

Community Details

Overview

  • Desert Mountain 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

$2,460

Year Built

2016

Lot Details

0

HOA Fees

$211 per month

Listing Details

  • Cross Street: Pima and Cave Creek
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: Res
  • Tax Year: 2010
  • Directions: North on Pima Rd. East on Cave Creek Rd. approx. 1 mile to Desert Mountain Pkwy and left into the Sales Center.
  • Lot Size Acres: 1.0
  • Subdivision Name: DESERT MOUNTAIN
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2016

Interior Features

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

Exterior Features

  • Lot Features: Golf Course Subd, Mountain View(s), Gated Community, Guarded Entry

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1266.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 4805954220
  • Association Fee: 1266.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain
  • 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: 43771.0
  • Additional Parcels: No
  • Parcel #: 219-11-803
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2460.0
  • Tax Book Number: 219.00
  • Tax Lot: 335
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2017
Sold by
Fischer Curt and Fischer Jamie
Bought by
Fischer Curt Wayne and Fischer Jamie Christine
Total Days on Market
640
Current Estimated Value
$3,104,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Outstanding Balance
$588,732
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,516,152

Purchase Details

Closed on
Jun 23, 2017
Sold by
Mortensen Signature Homes Of Arizona Llc
Bought by
Fischer Curt and Fischer Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Outstanding Balance
$588,732
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,516,152

Purchase Details

Listed on
Sep 19, 2012
Closed on
Jun 11, 2014
Sold by
Desert Mountain Properties Limited Partn
Bought by
Mortensen Lance and Mortensen Lori
Seller's Agent
Kathleen Benoit
Russ Lyon Sotheby's International Realty
Buyer's Agent
Brian Herrera
HomeSmart
List Price
$335,000
Sold Price
$135,000
Premium/Discount to List
-$200,000
-59.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.40%

Purchase Details

Closed on
Jun 17, 2008
Sold by
Hefter Steven B and First American Ins Co
Bought by
Desert Mountain Properties L
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
Fischer Curt Wayne -- Accommodation
Fischer Curt $1,475,000 First Arizona Title Agency L
Mortensen Lance $285,000 First American Title Ins Co
Desert Mountain Properties L $542,399 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Curt $715,000
Previous Owner Mortensen Signature Homes Of Arizona --
Previous Owner Hefter Steven B $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2014 07/29/14 Sold $135,000 -59.7% --
06/10/2014 06/10/14 Pending -- -- --
09/08/2012 09/08/12 For Sale $335,000 -- --
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 $6,183 $112,262 -- --
2024 $5,913 $106,917 -- --
2023 $5,913 $186,160 $37,230 $148,930
2022 $5,697 $137,350 $27,470 $109,880
2021 $6,185 $129,970 $25,990 $103,980
2020 $6,076 $118,700 $23,740 $94,960
2019 $5,894 $116,350 $23,270 $93,080
2018 $2,617 $52,080 $10,410 $41,670
2017 $2,521 $46,260 $9,250 $37,010
2016 $688 $15,405 $15,405 $0
2015 $694 $11,712 $11,712 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4821451

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-803