NOT LISTED FOR SALE

38575 N 97th Way Unit 12 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $750,000 - $3,179,000

1.02 Acres
$1,539,542 Price per Acre
44,431 Sq Ft Lot

Last Sold March 05, 2018

Last sale price $215,000

Est. 630% increase in value since last sale

Current estimated payment $8,636/month

826 Days on Market

Highlights

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

About This Lot

As of March 2018

Non membership lot in Desert Mountain's Village of Gambel Quail. The acre lot is steps to the Renegade Clubhouse to enjoy breakfast & lunch, driving range & performance center. This private cul de sac location contains an easy build 21,092 square foot building envelope. The Village of Gambel Quail is in close proximity to Desert Mountain's main gate for quick access to nearby shopping and dining, as well as additional community amenities such as multiple golf course and practice facilities, biking and hiking trails, and the new $12MM Sonoran Fitness Center. List price does not include a membership, but Golf or Lifestyle Memberships are available for purchase through the Desert Mountain Club. Please inquire for building envelope map.

Last Agent to Sell the Property

Daniel Wolski

Russ Lyon Sotheby's International Realty License #SA555961000 Listed on: 12/31/2016

Russ Lyon Sotheby's International Realty

Co-Listed By

Troy Gillenwater

Russ Lyon Sotheby's International Realty License #SA020615000

Last Buyer's Agent

Bee Francis

Russ Lyon Sotheby's International Realty License #SA504994000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,286

Lot Details

  • 1.02 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $270 Monthly HOA Fees

Schools

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

Additional Features

  • Mountain Views
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 219-11-466

Community Details

Overview

  • Desert Mountain HOA, Phone Number (480) 635-5600
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,286

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Cross Street: Pima Rd and Cave Creek Rd
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Other, See Remarks, Subdivision Plat Apv
  • Topography: Other (See Rmks), Level
  • Zoning: Residendial
  • Tax Year: 2017
  • Horses: No
  • Lot Size Acres: 1.02
  • Road Surface Type: Asphalt, Private Street, Curb(s) & Gutter(s)
  • 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: Other, See Remarks, Cul-De-Sac, Golf Course Lot, Golf Course Subd, Mountain View(s), Gated Community, Guarded Entry, 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: 1618.8
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-635-5600
  • HOA Transfer Fee: 800.0
  • Association Fee: 1618.8
  • 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: 44238.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-11-466
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1286.0
  • Tax Book Number: 219.00
  • Tax Lot: 12
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2016
Closed on
Feb 26, 2018
Sold by
Frodo Developments Inc
Bought by
Kitchen Michael L
Seller's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
Buyer's Agent
Bee Francis
Russ Lyon Sotheby's International Realty
List Price
$245,000
Sold Price
$215,000
Premium/Discount to List
-$30,000
-12.24%
Current Estimated Value
$1,570,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,355,333
Avg. Annual Appreciation
28.99%

Purchase Details

Closed on
Aug 24, 2010
Sold by
Merola Frank and Merola Gina
Bought by
Frodo Developments Inc

Purchase Details

Closed on
Jun 16, 2008
Sold by
Merola Frank and Merola Gina
Bought by
Merola Frank and Merola Gina

Purchase Details

Closed on
Apr 21, 2005
Sold by
Conner David M and Conner Elizabeth M
Bought by
Merola Frank L and Merola Gina M

Purchase Details

Closed on
Feb 10, 2005
Sold by
Ak Desert Mountain Properties Llc
Bought by
Conner David M and Conner Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,600
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 1999
Sold by
Kim James J and Kim Agnes
Bought by
Ak Desert Mountain Properties Llc

Purchase Details

Closed on
Feb 1, 1995
Sold by
First American Title Insurance Company
Bought by
Kim James J and Kim Agnes

Purchase Details

Closed on
Aug 22, 1994
Sold by
Desert Mountain Properties
Bought by
First American Title Insurance Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kitchen Michael L $215,000 First American Title Agency
Frodo Developments Inc $99,900 First American Title Ins Co
Merola Frank -- None Available
Merola Frank L $385,000 First American Title Ins Co
Conner David M $337,000 Title Partners Of Phoenix Ll
Ak Desert Mountain Properties Llc $308,750 First American Title
Kim James J $308,750 First American Title
First American Title Insurance Company -- First American Title
Desert Mountain Properties $200,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conner David M $269,600
Closed Merola Frank L $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2018 03/05/18 Sold $215,000 -12.2% --
10/16/2015 10/16/15 For Sale $245,000 -- --
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 $1,364 $24,568 $24,568 --
2024 $1,294 $23,398 $23,398 --
2023 $1,294 $52,185 $52,185 $0
2022 $1,247 $28,770 $28,770 $0
2021 $1,354 $30,945 $30,945 $0
2020 $1,330 $25,845 $25,845 $0
2019 $1,290 $23,910 $23,910 $0
2018 $1,254 $17,460 $17,460 $0
2017 $1,286 $19,380 $19,380 $0
2016 $1,280 $16,860 $16,860 $0
2015 $1,301 $24,784 $24,784 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Wolski

    Seller's Agent in 2018

    Daniel Wolski

    Russ Lyon Sotheby's International Realty

    (480) 488-5718

    210 in this area

    319 Total Sales

    Daniel Wolski
    Section Image

  • T

    Seller Co-Listing Agent in 2018

    Troy Gillenwater

    Russ Lyon Sotheby's International Realty

    (480) 488-5718

    3 in this area

    6 Total Sales

    Troy Gillenwater
    Section Image
  • Bee Francis

    Buyer's Agent in 2018

    Bee Francis

    Russ Lyon Sotheby's International Realty

    (602) 679-3193

    157 in this area

    167 Total Sales

    Bee Francis
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5350004

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-466

Arizona Maricopa County Scottsdale 85262 Desert Mountain

38575 N 97th Way Unit 12, Scottsdale, AZ

Not Listed for Sale

Lots

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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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