NOT LISTED FOR SALE

Estimated Value: $2,800,000 - $3,370,000

0.97 Acre
$3,147,502 Price per Acre
42,253 Sq Ft Lot

Last Sold August 20, 2014

Last sale price $155,000

Est. 1,870% increase in value since last sale

Current estimated payment $17,837/month

140 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 August 2014

Almost one acre, very buildable lot in the Village of Sunrise. Has excellent mountain and sunset views. Building envelope(18,252 sq. ft.) and TOPO available. No membership included at this price but Buyer may make application for a membership from the Desert Mountain Club. Don't miss this great opportunity!

Last Agent to Sell the Property

Lynn Scott

DPR Realty LLC License #SA105299000 Listed on: 01/10/2014

Co-Listed By

Brian Young

HomeSmart License #SA515492000

Last Buyer's Agent

Brian Herrera

HomeSmart License #SA627774000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $865

Year Built

  • 2015

Lot Details

  • 0.97 Acre Lot
  • Property is zoned R-35

HOA Fees

  • $246 Monthly HOA Fees

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Additional Features

  • Mountain Views
  • North or South Exposure
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 289
  • Assessor Parcel Number 219-11-757

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

$865

Year Built

2015

Lot Details

0

HOA Fees

$246 per month

Listing Details

  • Cross Street: Pima Road & Cave Creek Road
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: R-35
  • Tax Year: 2013
  • Directions: North on Cave Creek Road to Desert Mountain Parkway; Turn Left to Guard Gated Community Entrance. Ask Guard for directions.
  • Lot Size Acres: 0.97
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: drep07
  • Co List Office Phone: 480-310-1259
  • Subdivision Name: DESERT MOUNTAIN
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2015

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, North/South Exp, Adjacent to Wash
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1476.36
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 764.0
  • Association Fee: 1476.36
  • 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

Lot Info

  • Lot Size: irregular
  • Lot Size Sq Ft: 42330.0
  • Additional Parcels: No
  • Parcel #: 219-11-757
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 865.0
  • Tax Book Number: 219.00
  • Tax Lot: 289
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2019
Sold by
Bova Stephen R and Bova Barbara A
Bought by
Sunrise 289 Llc
Total Days on Market
140
Current Estimated Value
$3,053,077

Purchase Details

Closed on
Nov 19, 2015
Sold by
Mortensen Signature Homes Of Arizona Llc
Bought by
Bova Stephen R and Bova Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2015
Sold by
Mortensen Lance and Mortensen Lori
Bought by
Mortensen Signature Homes Of Arizona Llc

Purchase Details

Listed on
Jan 10, 2014
Closed on
Aug 14, 2014
Sold by
Meyer Mark L and Meyer Karen M
Bought by
Mortensen Lance and Mortensen Lori
Seller's Agent
Lynn Scott
DPR Realty LLC
Buyer's Agent
Brian Herrera
HomeSmart
List Price
$198,000
Sold Price
$155,000
Premium/Discount to List
-$43,000
-21.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.61%

Purchase Details

Closed on
Sep 17, 1997
Sold by
Sholiton David B and Sholiton Faye
Bought by
Meyer Mark L and Meyer Karen M
Source: Public Records

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Range of Values:

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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
Sunrise 289 Llc $1,750,000 First Arizona Title Agcy Llc
Bova Stephen R $1,440,041 U S Title Agency Llc
Mortensen Signature Homes Of Arizona Llc -- Accommodation
Mortensen Lance $155,000 U S Title Agency Llc
Meyer Mark L $192,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bova Stephen R $995,240
Previous Owner Bova Stephen R $1,087,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2014 08/20/14 Sold $155,000 -21.7% --
05/07/2014 05/07/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $198,000 -- --
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 $6,220 $112,937 -- --
2024 $5,949 $107,559 -- --
2023 $5,949 $186,910 $37,380 $149,530
2022 $5,731 $139,550 $27,910 $111,640
2021 $6,223 $132,050 $26,410 $105,640
2020 $6,112 $121,900 $24,380 $97,520
2019 $5,929 $119,480 $23,890 $95,590
2018 $5,766 $114,200 $22,840 $91,360
2017 $5,553 $101,920 $20,380 $81,540
2016 $730 $16,500 $16,500 $0
2015 $736 $12,608 $12,608 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5052316

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-757