$6,075,000
SOLD JUL 1, 2025

38031 N 97th Way Scottsdale, AZ 85262

Desert Mountain Neighborhood
4 Beds
4.5 Baths
5,750 Sq Ft
0.94 Acres

Recently Sold

$1,057 Per Sq Ft

2 Days on Market

Highlights

  • Guest House
  • Gated with Attendant
  • Mountain View
  • Black Mountain Elementary School Rated A-
  • Heated Spa
  • Contemporary Architecture

About This Home

As of July 2025

This home is located at 38031 N 97th Way, Scottsdale, AZ 85262 and is currently priced at $6,075,000, approximately $1,056 per square foot. This property was built in 2023. 38031 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.

Last Agent to Sell the Property

Kirk Marshall

Russ Lyon Sotheby's International Realty License #SA530964000 Listed on: 06/28/2025

Russ Lyon Sotheby's International Realty

Co-Listed By

Keith Marshall

Russ Lyon Sotheby's International Realty License #SA507375000

Last Buyer's Agent

Kirk Marshall

Russ Lyon Sotheby's International Realty License #SA530964000 Listed on: 06/28/2025

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,662

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 0.94 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinklers on Timer

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 5,750 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 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
  • Fence Around Pool

Outdoor Features

  • Covered patio or porch
  • Built-In Barbecue

Additional Homes

  • Guest House

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 318
  • Assessor Parcel Number 219-11-786

Community Details

Overview

  • Association fees include street maintenance
  • Dm HOA, Phone Number (480) 635-5600
  • Built by Mortensen
  • Desert Mountain Subdivision

Recreation

  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,662

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$285 per month

Parking

4

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: 285.41
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2023
  • Spa Private: Yes
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.94
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: DESERT MOUNTAIN
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 1712.46
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: 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
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5750.0
  • Stories: 1
  • 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
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Built-in Barbecue
  • Lot Features: Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced, Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Under Construction
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System
  • 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: 1712.46
  • Association Fee Frequency: Semi-Annually
  • Association Name: DM HOA
  • 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: DM HOA
  • 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 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: 40919.0
  • Parcel #: 219-11-786

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Mortensen

Tax Info

  • Tax Annual Amount: 10662.0
  • Tax Book Number: 219.00
  • Tax Lot: 318
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2025
Closed on
May 14, 2025
Sold by
Oster Family Trust and Oster Ernie G
Bought by
Az Dm House Llc
Seller's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
List Price
$6,075,000
Sold Price
$6,075,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-71.87%
Original Mortgage
$3,000,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2022
Closed on
Dec 16, 2024
Sold by
Mortensen Signature Homes Of Arizona Llc
Bought by
Oster Family Trust and Oster
Seller's Agent
Brian Herrera
HomeSmart
Buyer's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
List Price
$4,985,000
Sold Price
$5,650,000
Premium/Discount to List
$665,000
13.34%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.08%

Purchase Details

Closed on
Sep 23, 2020
Sold by
Sunrise 318
Bought by
Cutler Garcia Ri Llc

Purchase Details

Closed on
Jan 25, 2005
Sold by
Bogardus John A and Bogardus Mary Lela
Bought by
Sunrise 318
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,075,000 Clear Title Agency Of Arizona
Warranty Deed $5,650,000 Clear Title Agency Of Arizona
Warranty Deed $295,000 First Arizona Title Agency
Cash Sale Deed $295,000 Russ Lyon Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,000,000 New Conventional
Previous Owner $10,500,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $6,075,000 0.0% $1,057 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
06/28/2025 06/28/25 For Sale $6,075,000 +7.5% $1,057 / Sq Ft
01/14/2025 01/14/25 Sold $5,650,000 +3.0% $862 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $5,485,000 +10.0% $837 / Sq Ft
08/01/2022 08/01/22 For Sale $4,985,000 -- $760 / 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 $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

  • Kirk Marshall

    Seller's Agent in 2025

    Kirk Marshall

    Russ Lyon Sotheby's International Realty

    (602) 882-2112

    94 in this area

    115 Total Sales

    Kirk Marshall
    Section Image
  • Brian Herrera

    Seller's Agent in 2025

    Brian Herrera

    HomeSmart

    (480) 244-8298

    54 in this area

    54 Total Sales

    Brian Herrera
    Section Image
  • Keith Marshall

    Seller Co-Listing Agent in 2025

    Keith Marshall

    Russ Lyon Sotheby's International Realty

    (480) 488-2998

    93 in this area

    115 Total Sales

    Keith Marshall
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6886726

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-786

Arizona Maricopa County Scottsdale 85262 Desert Mountain

38031 N 97th Way, Scottsdale, AZ

This home is located at 38031 N 97th Way, Scottsdale, AZ 85262 and is currently priced at $6,075,000, approximately $1,056 per square foot. This property was built in 2023. 38031 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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