NOT LISTED FOR SALE

38031 N 97th Way Unit 318 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $5,230,000 - $5,842,214

0.94 Acre
$5,925,057 Price per Acre
40,946 Sq Ft Lot

Last Sold December 20, 2021

Last sale price $764,905

Est. 627% increase in value since last sale

Current estimated payment $31,846/month

26 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 December 2021

FULLY APPROVED Desert Mountain Plans Included. Average time for approval in this community is 18 months. The plan is just over 6,000 sq ft and gorgeous! Designed by Beau Graffin specifically for this lot based on what buyers are wanting in this community. Located in the Guard Gated community of Desert Mountain and the Village of Sunrise. This community offers 7 Jack Nicklaus Signature golf courses, 7 restaurants, activities galore, hiking, state of the art fitness center, this is the place to live! Desert Mountain offers 24/7 Guard Gated Security & Luxury Living at it's best! An absolute oasis in the desert that offers everything you'll ever need in one location.

Last Agent to Sell the Property

Angie Johnson

Realty ONE Group License #SA516264000 Listed on: 10/09/2021

Last Buyer's Agent

Brian Herrera

HomeSmart License #SA627774000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $797

Lot Details

  • 0.94

HOA Fees

  • $256 Monthly HOA Fees

Schools

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

Additional Features

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

Listing and Financial Details

  • Tax Lot 318
  • Assessor Parcel Number 219-11-786

Community Details

Overview

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

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$797

Lot Details

0

HOA Fees

$256 per month

Listing Details

  • Cross Street: Pima Road and Cave Creek Road
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Plans Available, Plans Included, Prelim Eng Included
  • Topography: {"Other (See Rmks)":true}
  • Zoning: RES
  • Tax Year: 2021
  • Directions: North on Desert Mountain Parkway to the community of Sunrise where you will go East
  • Lot Size Acres: 0.94
  • Road Surface Type: Private Street
  • Subdivision Name: DESERT MOUNTAIN PHASE 1 UNIT 2 LOT 206-335 TR A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: Golf Course Subd, Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1533.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-635-5600
  • HOA Transfer Fee: 800.0
  • Association Fee: 1533.0
  • 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: 40919.0
  • Additional Parcels: No
  • Parcel #: 219-11-786
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 797.0
  • Tax Book Number: 219.00
  • Tax Lot: 318
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2025
Sold by
Oster Family Trust and Oster Ernie G
Bought by
Az Dm House Llc
Current Estimated Value
$5,558,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2024
Sold by
Mortensen Signature Homes Of Arizona Llc
Bought by
Oster Family Trust and Oster

Purchase Details

Listed on
Sep 21, 2020
Closed on
Sep 23, 2020
Sold by
Sunrise 318
Bought by
Cutler Garcia Ri Llc
Seller's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
Buyer's Agent
Angie Johnson
Realty ONE Group
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.31%

Purchase Details

Closed on
Jan 25, 2005
Sold by
Bogardus John A and Bogardus Mary Lela
Bought by
Sunrise 318
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
Az Dm House Llc $6,075,000 Clear Title Agency Of Arizona
Oster Family Trust $5,650,000 Clear Title Agency Of Arizona
Cutler Garcia Ri Llc $295,000 First Arizona Title Agency
Sunrise 318 $295,000 Russ Lyon Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Az Dm House Llc $3,000,000
Previous Owner Mortensen Signature Homes Of A $10,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $764,905 -4.2% --
12/04/2021 12/04/21 Price Changed $798,400 0.0% --
11/08/2021 11/08/21 For Sale $798,400 0.0% --
11/08/2021 11/08/21 Price Changed $798,400 0.0% --
11/04/2021 11/04/21 Pending -- -- --
10/15/2021 10/15/21 Price Changed $798,400 -10.8% --
10/09/2021 10/09/21 For Sale $895,400 +203.5% --
10/06/2020 10/06/20 Sold $295,000 -1.3% --
09/21/2020 09/21/20 For Sale $299,000 +1.4% --
09/18/2020 09/18/20 Off Market $295,000 -- --
09/17/2020 09/17/20 For Sale $299,000 -- --
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 $10,662 $193,589 -- --
2024 $762 $184,370 -- --
2023 $762 $35,550 $35,550 $0
2022 $734 $19,335 $19,335 $0
2021 $797 $18,030 $18,030 $0
2020 $783 $18,675 $18,675 $0
2019 $760 $18,225 $18,225 $0
2018 $739 $16,215 $16,215 $0
2017 $712 $16,500 $16,500 $0
2016 $708 $15,825 $15,825 $0
2015 $714 $12,320 $12,320 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Angie Johnson

    Realty One Group

    Section Image
  • Brian Herrera

    Buyer's Agent in 2021

    Brian Herrera

    HomeSmart

    (480) 244-8298

    54 in this area

    54 Total Sales

    Section Image
  • Daniel Wolski

    Seller's Agent in 2020

    Daniel Wolski

    Russ Lyon Sotheby's International Realty

    (480) 488-5718

    227 in this area

    331 Total Sales

    Section Image
  • Mitchell Hundman

    Seller Co-Listing Agent in 2020

    Mitchell Hundman

    Russ Lyon Sotheby's International Realty

    (602) 618-3580

    77 in this area

    109 Total Sales

    Section Image

  • A

    Buyer's Agent in 2020

    Angela Johnson

    1st USA Realty Professionals

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6305303

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-786

Arizona Maricopa County Scottsdale 85262 Desert Mountain

38031 N 97th Way Unit 318, Scottsdale, AZ

This home is located at 38031 N 97th Way Unit 318, Scottsdale, AZ 85262 since 09 October 2021 and is currently estimated at $5,569,554. 38031 N 97th Way Unit 318 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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