NOT LISTED FOR SALE

Estimated Value: $3,226,000 - $3,886,000

1.33 Acres
$2,690,273 Price per Acre
57,935 Sq Ft Lot

Last Sold November 27, 2013

Last sale price $172,000

Est. 2,014% increase in value since last sale

Current estimated payment $20,724/month

71 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Corner Lot
  • Black Mountain Elementary School Rated A-
  • City Lights View
  • Cul-De-Sac

About This Lot

As of November 2013

The best city view lot under 200k in Desert Mountain and a great building site! Driveway comes off cul da sac and gently rises to a plateau offering commanding views of just about every mountain range in the Valley of the Sun.The city lights are fantastic. Corners and building envelope flagged with orange tape. Look for Tall Center pole to see mid point of building envelope. Documents tab shows building envelope. No Membership included but two types are now available.

Last Agent to Sell the Property

Michael Doyle

Russ Lyon Sotheby's International Realty License #SA028821000 Listed on: 08/19/2013

Russ Lyon Sotheby's International Realty

Co-Listed By

Kathy Reed

Russ Lyon Sotheby's International Realty License #SA555323000

Last Buyer's Agent

Michael Doyle

Russ Lyon Sotheby's International Realty License #SA028821000 Listed on: 08/19/2013

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,202

Lot Details

  • 1.33 Acre Lot
  • Cul-De-Sac
  • Corner Lot

HOA Fees

  • $177 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Additional Features

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

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 219-56-001

Community Details

Overview

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

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,202

Lot Details

0

HOA Fees

$177 per month

Listing Details

  • Cross Street: Pima and Cave Creek Rd
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: Res
  • Tax Year: 2012
  • Directions: Desert Mountain entrance is one mile east of Pima Rd on left side of Cave Creek Rd. To get up on building envelope, walk from cul da sac up the hill or you can park by mail boxes and walk over
  • Lot Size Acres: 1.33
  • Road Surface Type: Private Street
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: Desert Mountain
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Lot Features: Cul-De-Sac, Golf Course Subd, Corner Lot, City Light View(s), Mountain View(s), Gated Community, Guarded Entry, North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1063.44
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4000
  • HOA Transfer Fee: 720.0
  • Association Fee: 1063.44
  • Association Fee Frequency: Semi-Annually
  • Association Name: DM HOA
  • 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: 57911.0
  • Additional Parcels: No
  • Parcel #: 219-56-001
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1202.0
  • Tax Book Number: 219.00
  • Tax Lot: 1
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2020
Sold by
Fernandez Marti J
Bought by
Garcia Lee C and Garcia Susan E
Current Estimated Value
$3,636,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$669,862
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$3,109,906

Purchase Details

Closed on
Jan 3, 2017
Sold by
Byrne Construction & Development Inc
Bought by
Fernandez Raul G and Fernandez Marti J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
4.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 7, 2016
Sold by
Byrne Family Investments Llc
Bought by
Byrne Construction & Development Inc

Purchase Details

Listed on
Aug 19, 2013
Closed on
Nov 15, 2013
Sold by
Paknejad Ali and Paknejad Minoo
Bought by
Byrne Family Investments Llc
Seller's Agent
Michael Doyle
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michael Doyle
Russ Lyon Sotheby's International Realty
List Price
$199,500
Sold Price
$172,000
Premium/Discount to List
-$27,500
-13.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.25%

Purchase Details

Closed on
Jun 20, 2007
Sold by
Rcc Corp
Bought by
Paknejad Ali and Paknejad Minoo
Source: Public Records

Range of Values:

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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
Garcia Lee C $2,150,000 First Arizona Title Agency
Fernandez Raul G $1,975,000 Fidelity Natl Title Agency I
Byrne Construction & Development Inc $425,000 None Available
Byrne Family Investments Llc $172,000 Us Title Agency Llc
Byrne Family Investment Llc $172,000 Us Title Agency Llc
Paknejad Ali $345,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Lee C $750,000
Previous Owner Fernandez Raul G $1,125,000
Previous Owner Byrne Family Investments Llc $872,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2013 11/27/13 Sold $172,000 -13.8% --
10/29/2013 10/29/13 Pending -- -- --
08/19/2013 08/19/13 For Sale $199,500 -- --
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 $5,564 $120,377 -- --
2024 $5,571 $114,645 -- --
2023 $5,571 $210,310 $42,060 $168,250
2022 $5,381 $136,010 $27,200 $108,810
2021 $5,851 $139,030 $27,800 $111,230
2020 $6,515 $139,610 $27,920 $111,690
2019 $6,320 $136,850 $27,370 $109,480
2018 $5,418 $131,030 $26,200 $104,830
2017 $5,164 $126,160 $25,230 $100,930
2016 $5,893 $102,100 $20,420 $81,680
2015 $1,310 $19,888 $19,888 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4985577

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-001