NOT LISTED FOR SALE

38848 N 107th Way Unit 17 Scottsdale, AZ 85262

Estimated Value: $246,386 - $1,874,000

0.69 Acre
$1,545,793 Price per Acre
30,056 Sq Ft Lot

Last Sold May 21, 2022

Last sale price $295,500

Est. 261% increase in value since last sale

Current estimated payment $6,110/month

115 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Cul-De-Sac
  • Black Mountain Elementary School Rated A-

About This Lot

As of May 2022

What an Amazing opportunity to build your Custom Dream Home in the Exclusive Gated Community of Sonoran Sanctuary! Nice Private Lot Nestled back into a Cul-de-Sac offering a private and peaceful atmosphere. Exceptional restaurants nearby, with golf, hiking and biking trails within a short distance. 4000sf minimum per the revised Architectural Guidelines.

Last Agent to Sell the Property

Niki Roberts

Morgan Taylor Realty License #SA569174000 Listed on: 01/25/2022

Last Buyer's Agent

Todd Stengel

Morgan Taylor Realty License #BR517703000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $710

Lot Details

  • 0.69 Acre Lot
  • Cul-De-Sac
  • Property is zoned R1-43

HOA Fees

  • $110 Monthly HOA Fees

Property Views

  • City Lights Views

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 219-60-250

Community Details

Overview

  • Aam Association, Phone Number (623) 241-9053
  • Encellia Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$710

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Cross Street: Cave Creek & Pima Rd
  • Property Type: Land
  • Zoning: R1-43
  • Tax Year: 2021
  • Directions: East on Cave Creek Road to Lone Mountain Parkway, South to Rising Sun Drive. Through Gate to 107th Way, left to site on left hand side
  • Horses: No
  • Lot Size Acres: 0.69
  • Road Surface Type: Private Street, Concrete
  • Subdivision Name: ENCELLIA
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, City Light View(s), Gated Community
  • Disclosures: Other (See Rmks)
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 328.75
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 623-241-9053
  • HOA Transfer Fee: 400.0
  • Association Fee: 328.75
  • Association Fee Frequency: Quarterly
  • Association Name: AAM
  • Phone: 623-241-9053
  • 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: Black Mountain Elementary School

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 30291.0
  • Additional Parcels: No
  • Parcel #: 219-60-250
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 710.0
  • Tax Book Number: 219.00
  • Tax Lot: 17
  • Tax Map Number: 60.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Jun 8, 2022
Sold by
Blueshore Holdings Llc
Bought by
Forsgren Brett M and Forsgren Raquel Jex
Seller's Agent
Niki Roberts
Morgan Taylor Realty
Buyer's Agent
Todd Stengel
Morgan Taylor Realty
List Price
$299,000
Sold Price
$295,500
Premium/Discount to List
-$3,500
-1.17%
Current Estimated Value
$1,066,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$771,097
Avg. Annual Appreciation
48.69%

Purchase Details

Listed on
Feb 23, 2021
Closed on
Apr 5, 2021
Sold by
Rockport Holdings Llc
Bought by
Morgan Taylor Homes Llc
Seller's Agent
Dallin Simonton
Realty ONE Group
Buyer's Agent
Dallin Simonton
Realty ONE Group
List Price
$140,000
Sold Price
$145,000
Premium/Discount to List
$5,000
3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.77%

Purchase Details

Closed on
Oct 30, 2012
Sold by
Newman R Todd and Newman Rosemarie
Bought by
Rockport Holdings

Purchase Details

Closed on
Feb 8, 2005
Sold by
Pangea Real Estate Development Llc
Bought by
Tulane Dennis J and Tulane Suzanne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
5.65%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Forsgren Brett M $245,000 Old Republic Title
Morgan Taylor Homes Llc $290,000 First American Title Ins Co
Rockport Holdings $76,600 None Available
Tulane Dennis J $370,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forsgren Raquel Jex $1,224,400
Previous Owner Tulane Dennis J $333,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2022 05/21/22 Sold $295,500 0.0% --
05/05/2022 05/05/22 Price Changed $295,500 -0.7% --
02/19/2022 02/19/22 Price Changed $297,500 -0.5% --
01/25/2022 01/25/22 For Sale $299,000 +106.2% --
04/03/2021 04/03/21 Sold $145,000 +3.6% --
03/03/2021 03/03/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $140,000 -- --
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 $709 $12,879 $12,879 --
2024 $678 $12,266 $12,266 --
2023 $678 $16,920 $16,920 $0
2022 $654 $12,915 $12,915 $0
2021 $710 $13,725 $13,725 $0
2020 $697 $14,040 $14,040 $0
2019 $676 $14,925 $14,925 $0
2018 $658 $15,450 $15,450 $0
2017 $633 $13,845 $13,845 $0
2016 $631 $19,470 $19,470 $0
2015 $636 $12,720 $12,720 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6346576

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-60-250