NOT LISTED FOR SALE

Estimated Value: $645,000

0.66 Acre
$977,273 Price per Acre
28,750 Sq Ft Lot

Last Sold March 03, 2014

Last sale price $120,500

Est. 435% increase in value since last sale

Current estimated payment $3,686/month

2 Days on Market

Highlights

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

About This Lot

As of March 2014

Wonderful home site with 18,290 Square Feet of building envelope. Located in the prestigious guard gated golf & tennis community of Desert Mountain in North Scottsdale, AZ. Very nice views of sunsets, mountains, and open space. This lot is a great value and located in a quiet, interior village away from any high traffic roads. Offered without any membership but you can apply for Golf or Lifestyle Memberships from Desert Mountain Club.

Last Agent to Sell the Property

Kathy Reed

Russ Lyon Sotheby's International Realty License #SA555323000 Listed on: 02/17/2014

Russ Lyon Sotheby's International Realty

Co-Listed By

Michael Doyle

Russ Lyon Sotheby's International Realty License #SA028821000

Last Buyer's Agent

Cheryl D'Anna

Russ Lyon Sotheby's International Realty License #SA041552000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,003

Lot Details

  • 0.66 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $178 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Location

  • Property is near a golf course

Schools

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

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 219-56-348

Community Details

Overview

  • Desert Mountain HOA, Phone Number (480) 595-4220
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,003

Lot Details

0

HOA Fees

$178 per month

Listing Details

  • Cross Street: PIMA & CAVE CREEK ROAD
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: RES
  • Tax Year: 2013
  • Directions: North on Pima Road to Cave Creek Rd. East on Cave Creek for about 1 mile. Desert Mountain Parkway is on North side of road. Proceed to guard and they'll give you map with directions to Turquoise Ridge
  • Horses: No
  • Lot Size Acres: 0.66
  • 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

  • Fencing: None
  • Lot Features: Cul-De-Sac, Golf Course Subd, City Light View(s), Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1069.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 700.0
  • Association Fee: 1069.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain HOA
  • Phone: 480-595-4220
  • 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: 28820.0
  • Additional Parcels: No
  • Parcel #: 219-56-348
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1003.0
  • Tax Book Number: 219.00
  • Tax Lot: 55
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2016
Sold by
Lanphier Robert Carr and Lanphier Linda Leigh
Bought by
James Jay Schneiders Trust and Schneiders James Jay
Current Estimated Value
$645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,198,142
Interest Rate
3.43%
Mortgage Type
Seller Take Back
Estimated Equity
-$553,142

Purchase Details

Listed on
Feb 17, 2014
Closed on
Feb 26, 2014
Sold by
Giorno Marco
Bought by
Lanphier Robert Carr and Lanphier Linda Leigh
Seller's Agent
Kathy Reed
Russ Lyon Sotheby's International Realty
Buyer's Agent
Cheryl D'Anna
Russ Lyon Sotheby's International Realty
List Price
$115,000
Sold Price
$120,500
Premium/Discount to List
$5,500
4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%

Purchase Details

Closed on
Mar 16, 2012
Sold by
Heisler James P and Heisler Linda K
Bought by
Giorno Marco

Purchase Details

Closed on
Apr 2, 2003
Sold by
Desert Mountain Properties Lp
Bought by
Heisler James L and Heisler Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2000
Sold by
Simpson Kenneth Charles Harold and Simpson Kathleen Rose
Bought by
Desert Mountain Properties Ltd Prtnrshp

Purchase Details

Closed on
Dec 3, 1999
Sold by
Heuer James A and Heuer Sally
Bought by
Desert Mountain Properties Ltd Prtnrshp

Purchase Details

Closed on
Apr 20, 1997
Sold by
Walser Paul M
Bought by
Heuer James A and Heuer Sally
Source: Public Records

Range of Values:

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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
James Jay Schneiders Trust $1,500,000 U S Title Agency Llc
Lanphier Robert Carr $120,500 U S Title Agency Llc
Giorno Marco $60,000 Us Title Agency
Heisler James L $382,500 First American Title Ins Co
Desert Mountain Properties Ltd Prtnrshp $425,000 First American Title
Desert Mountain Properties Ltd Prtnrshp $385,000 First American Title
Heuer James A $227,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Jay Schneiders Trust $1,500,000
Previous Owner Heisler James L $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2014 03/03/14 Sold $120,500 +4.8% --
02/18/2014 02/18/14 Pending -- -- --
02/16/2014 02/16/14 For Sale $115,000 -- --
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 $1,051 $19,087 $19,087 --
2024 $1,005 $18,178 $18,178 --
2023 $1,005 $38,250 $38,250 $0
2022 $969 $21,720 $21,720 $0
2021 $1,052 $22,395 $22,395 $0
2020 $1,033 $20,745 $20,745 $0
2019 $1,002 $21,000 $21,000 $0
2018 $975 $18,870 $18,870 $0
2017 $939 $19,140 $19,140 $0
2016 $934 $16,830 $16,830 $0
2015 $942 $14,752 $14,752 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5071040

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-348