NOT LISTED FOR SALE

Estimated Value: $2,431,000 - $3,122,000

0.86 Acre
$3,245,893 Price per Acre
37,462 Sq Ft Lot

Last Sold May 13, 2015

Last sale price $75,000

Est. 3,622% increase in value since last sale

Current estimated payment $15,366/month

29 Days on Market

Highlights

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

About This Lot

As of May 2015

Priced to sell! This sleeper lot in Gambel Quail offers a generous size building envelope of 20,064 to allow for design options. One of the closest homesites to the main gate in Desert Mountain. With the right design, views can be seen in several different directions. Please see document tab for topo map.

Last Agent to Sell the Property

Kirk Marshall

Russ Lyon Sotheby's International Realty License #SA530964000 Listed on: 02/02/2015

Russ Lyon Sotheby's International Realty

Co-Listed By

Keith Marshall

Russ Lyon Sotheby's International Realty License #SA507375000

Last Buyer's Agent

Brian Herrera

HomeSmart License #SA627774000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $777

Lot Details

  • 0.86

HOA Fees

  • $258 Monthly HOA Fees

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Additional Features

  • 0.86 Acre Lot
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 219-11-457

Community Details

Overview

  • Desert Mountain Association, Phone Number (480) 595-4000
  • Secondary HOA Phone (480) 595-4000
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$777

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Cross Street: PIMA & CAVE CREEK
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: RES
  • Tax Year: 2014
  • Lot Size Acres: 0.86
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: Desert Mountain
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: Golf Course Subd, Gated Community, Guarded Entry
  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • HOA #2 Paid Frequency: Semi-Annually
  • Annual HOA Fees: 1546.92
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4000
  • HOA Transfer Fee: 800.0
  • Association Fee: 1546.92
  • Association Fee Frequency: Semi-Annually
  • Association: Desert Mountain
  • Association Name: Desert Mountain
  • Association Phone #2: 480-595-4000
  • Phone: 480-595-4000
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 37368.0
  • Additional Parcels: No
  • Parcel #: 219-11-457
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 777.44
  • Tax Book Number: 219.00
  • Tax Lot: 3
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2015
Closed on
May 14, 2015
Sold by
Desert Mountain Partners I Llc
Bought by
Brainard Jay and Brainard Susan
Seller's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
Buyer's Agent
Brian Herrera
HomeSmart
List Price
$105,000
Sold Price
$75,000
Premium/Discount to List
-$30,000
-28.57%
Current Estimated Value
$2,791,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,716,468
Avg. Annual Appreciation
40.57%

Purchase Details

Listed on
Feb 2, 2015
Closed on
May 11, 2015
Sold by
Shroff Pankaj and Shroff Bhavana
Bought by
Desert Mountain Partners I Llc
Seller's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
Buyer's Agent
Brian Herrera
HomeSmart
List Price
$105,000
Sold Price
$75,000
Premium/Discount to List
-$30,000
-28.57%

Purchase Details

Closed on
Jan 12, 2006
Sold by
Seutter Richard Alan and Seutter Tracy Jeanne
Bought by
Shroff Pankaj and Schroff Bhavana

Purchase Details

Closed on
Oct 9, 2003
Sold by
Easley George and Easley Barbara L
Bought by
Seutter Richard Alan and Seutter Tracy Jeanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brainard Jay $100,000 U S Title Agency Llc
Desert Mountain Partners I Llc $75,000 U S Title Agency Llc
Shroff Pankaj $495,000 Capital Title Agency Inc
Seutter Richard Alan $245,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2015 05/13/15 Sold $75,000 -28.6% --
02/26/2015 02/26/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $105,000 -- --
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 $5,262 $94,764 -- --
2024 $4,992 $90,251 -- --
2023 $4,992 $161,070 $32,210 $128,860
2022 $4,809 $119,970 $23,990 $95,980
2021 $5,221 $113,180 $22,630 $90,550
2020 $5,129 $101,910 $20,380 $81,530
2019 $4,975 $99,900 $19,980 $79,920
2018 $4,838 $95,850 $19,170 $76,680
2017 $4,660 $85,520 $17,100 $68,420
2016 $816 $14,880 $14,880 $0
2015 $823 $13,504 $13,504 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5230830

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-457