NOT LISTED FOR SALE

40036 N 107th Place Unit 166 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $2,858,000 - $3,925,000

0.55 Acre
$5,916,776 Price per Acre
23,958 Sq Ft Lot

Last Sold August 06, 2013

Last sale price $120,000

Est. 2,612% increase in value since last sale

Current estimated payment $17,967/month

143 Days on Market

Highlights

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

About This Lot

As of August 2013

Fantastic value for this Desert Mountain lot, offering sweeping Mountain and Sunset views. Build a second level and you will have City Light Views. Membership is not included in the purchase price but an Equity Golf or Equity Club Membership can be purchased for an additional cost. With a 15,000 SF building envelope this lot is elevated but very level to allow for easy build. Compare this lot with other similarly priced lots and you will see the great value with the location, build ability and panoramic views. Buyers could not perform and had to cancel. Their loss is your gain!

Last Agent to Sell the Property

Jean Ransdell

Russ Lyon Sotheby's International Realty License #SA581952000 Listed on: 12/14/2012

Russ Lyon Sotheby's International Realty

Co-Listed By

Thomas Scappaticci

Coldwell Banker Realty License #BR016392000

Coldwell Banker Realty

Last Buyer's Agent

Thomas Scappaticci

PINNACLE PEAK REALTY, INC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $761

Year Built

  • 2015

Lot Details

  • 0.55

HOA Fees

  • $210 Monthly HOA Fees

Schools

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

Additional Features

  • Mountain Views
  • 0.55 Acre Lot
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 166
  • Assessor Parcel Number 219-56-176

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

$761

Year Built

2015

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Cross Street: PIMA AND CAVE CREEK
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: RES
  • Tax Year: 2012
  • Directions: East on Cave Creek from Pima to Desert Mountain entrance. Ask guard for directions.
  • Lot Size Acres: 0.55
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: DESERT MOUNTAIN
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2015

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Golf Course Subd, 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: 1259.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4000
  • HOA Transfer Fee: 750.0
  • Association Fee: 1259.0
  • 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
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 23825.0
  • Additional Parcels: No
  • Parcel #: 219-56-176
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 761.0
  • Tax Book Number: 219.00
  • Tax Lot: 166
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2017
Sold by
Ellis Chloe A
Bought by
Ellis Chloe A and The Chloe A Ellis Revocable Trust
Total Days on Market
143
Current Estimated Value
$3,254,227

Purchase Details

Closed on
Sep 1, 2015
Sold by
St Andrews Luxury Homes Llc
Bought by
Robinson Chloe A

Purchase Details

Closed on
May 8, 2013
Sold by
Mercer Edward R and Abbott Mercer Helen L
Bought by
St Andrews Luxury Homes Llc

Purchase Details

Listed on
Dec 13, 2011
Closed on
May 18, 2012
Sold by
Phillips Kent I and Phillips M
Bought by
Mercer Edward R and Abbott Mercer Helen L
Seller's Agent
Cheryl D'Anna
Russ Lyon Sotheby's International Realty
Buyer's Agent
Thomas Scappaticci
Coldwell Banker Realty
List Price
$99,000
Sold Price
$80,000
Premium/Discount to List
-$19,000
-19.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.22%

Purchase Details

Closed on
Apr 28, 2011
Sold by
Carper Dogulas E and Carper Mary B
Bought by
Phillips Kent I and Phillips M

Purchase Details

Closed on
Mar 6, 2006
Sold by
Desert Mountain Llc
Bought by
Carper Douglas E and Carper Mary B

Purchase Details

Closed on
Mar 4, 1998
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Desert Mountain Llc

Purchase Details

Closed on
Dec 13, 1997
Sold by
Yale John R and Yale Linda E
Bought by
Desert Mountain Properties Ltd Prtnrshp

Purchase Details

Closed on
Jan 11, 1995
Sold by
First American Title Insurance Company
Bought by
Yale John R and Yale Linda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.16%
Mortgage Type
Seller Take Back
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
Ellis Chloe A -- None Available
Robinson Chloe A $1,825,000 U S Title Agency Llc
St Andrews Luxury Homes Llc $120,000 First American Title Ins Co
Mercer Edward R $80,000 Fidelity National Title Agen
Phillips Kent I $135,000 Us Title Agency Llc
Carper Douglas E $580,000 First American Title Ins Co
Desert Mountain Llc $247,500 First American Title
Desert Mountain Properties Ltd Prtnrshp $250,000 First American Title
Yale John R $210,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Chloe A $1,400,000
Previous Owner St Andrew S Luxury Homes Llc $150,000
Previous Owner St Andrews Luxury Homes Llc $500,000
Previous Owner Yale John R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2013 08/06/13 Sold $120,000 -7.0% --
05/06/2013 05/06/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $129,000 +61.3% --
05/23/2012 05/23/12 Sold $80,000 -19.2% $3 / Sq Ft
04/14/2012 04/14/12 Pending -- -- --
12/13/2011 12/13/11 For Sale $99,000 -- $4 / Sq Ft
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 $5,849 $132,309 -- --
2024 $6,969 $126,008 -- --
2023 $6,969 $176,780 $35,350 $141,430
2022 $6,714 $127,230 $25,440 $101,790
2021 $7,290 $128,500 $25,700 $102,800
2020 $6,468 $127,510 $25,500 $102,010
2019 $6,219 $124,980 $24,990 $99,990
2018 $6,015 $109,270 $21,850 $87,420
2017 $5,735 $102,180 $20,430 $81,750
2016 $5,755 $112,220 $22,440 $89,780
2015 $840 $11,136 $11,136 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4863172

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-176