NOT LISTED FOR SALE

40138 N 107th Place Unit 167 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $322,694 - $544,000

0.5 Acre
$866,848 Price per Acre
21,780 Sq Ft Lot

Last Sold November 02, 2016

Last sale price $168,500

Est. 157% increase in value since last sale

Current estimated payment $2,572/month

4 Days on Market

Highlights

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

About This Lot

As of November 2016

Outstanding elevated lot in the highly desirable Village of Grey Fox with excellent mountain and sunset views in Desert Mountain, one of America's premier gated, club communities, in North Scottsdale at an elevation of approximately 3,200', and only about a fifty minute drive to Sky Harbor Airport. Near the Apache and Renegade golf courses and just minutes away from the swim, tennis and fitness centers of the Sonoran Clubhouse. Experience the stillness of the natural Sonoran Desert from this tranquil setting along the arroyo, providing a sense of open space and privacy. Easy access in and out of the community, Relatively easy site to build on with a 12,555 Sq.Ft. building envelope make this an ideal lot for a spec home. Come walk this lot with the corners marked and see for yourself

Last Agent to Sell the Property

Shaun Rudgear

Arizona Medical Practice Brokers License #BR008458000 Listed on: 10/16/2016

Arizona Medical Practice Brokers

Co-Listed By

Daniel Hodges

HomeSmart License #SA654710000

Last Buyer's Agent

Nora Gevlin

Berkshire Hathaway HomeServices Arizona Properties License #BR546561000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $787

Lot Details

  • 0.5

HOA Fees

  • $199 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

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

Additional Features

  • 0.5 Acre Lot
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 167
  • Assessor Parcel Number 219-56-177

Community Details

Overview

  • Desert Mtn Owners Association, Phone Number (480) 635-5600
  • Desert Mountain Phase 2 Unit 5 Pt 2 102 184 A C Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$787

Lot Details

0

HOA Fees

$199 per month

Listing Details

  • Cross Street: Pima and Cave Creek
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: Residential
  • Tax Year: 2015
  • Directions: North on Pima to Cave Creek Road, East on Cave Creek to Desert Mountain Parkway, North to Desert Mountain Main Gate.
  • Lot Size Acres: 0.5
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cbrb07
  • Co List Office Phone: 480-291-1600
  • Subdivision Name: DESERT MOUNTAIN PHASE 2 UNIT 5 PT 2 102-184 A-C
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Lot Features: Golf Course Subd, City Light View(s), Mountain View(s), Gated Community, Guarded Entry, Border Common Area
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1193.82
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 4806355600
  • HOA Transfer Fee: 782.0
  • Association Fee: 1193.82
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mtn Owners
  • Phone: 480-635-5600
  • 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: 21570.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-56-177
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 787.0
  • Tax Book Number: 219.00
  • Tax Lot: 167
  • 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
4
Current Estimated Value
$433,424

Purchase Details

Listed on
Oct 16, 2016
Closed on
Oct 25, 2016
Sold by
Rio Verde Views Llc
Bought by
Robinson Chloe A
Seller's Agent
Shaun Rudgear
Arizona Medical Practice Brokers
Buyer's Agent
Nora Gevlin
Berkshire Hathaway HomeServices Arizona Properties
List Price
$175,000
Sold Price
$168,500
Premium/Discount to List
-$6,500
-3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%

Purchase Details

Closed on
Mar 21, 2011
Sold by
Chiriyankandath Joseph
Bought by
Rio Verde Views Llc

Purchase Details

Closed on
May 25, 2006
Sold by
Chiriyankandath Angelina
Bought by
Chiriyankandath Joseph

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
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 20, 2004
Sold by
Resnik Robert A and Resnik Denise D
Bought by
Durow Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 1994
Sold by
Maple Leaf Properties Inc
Bought by
Resnik Robert A and Resnik Denise D
Source: Public Records

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Range of Values:

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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 $168,500 First Arizona Title Agency
Rio Verde Views Llc $65,000 First American Title Ins Co
Chiriyankandath Joseph -- Stewart Title & Trust Of Pho
Chiriyankandath Joseph $340,000 Stewart Title & Trust Of Pho
Durow Randy $215,000 First American Title Ins Co
Resnik Robert A $89,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chiriyankandath Joseph $306,000
Previous Owner Durow Randy $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2016 11/02/16 Sold $168,500 -3.7% --
10/19/2016 10/19/16 Pending -- -- --
10/15/2016 10/15/16 For Sale $175,000 -- --
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 $877 $15,931 $15,931 --
2024 $839 $15,172 $15,172 --
2023 $839 $32,880 $32,880 $0
2022 $808 $18,420 $18,420 $0
2021 $878 $18,930 $18,930 $0
2020 $862 $17,445 $17,445 $0
2019 $836 $16,470 $16,470 $0
2018 $813 $15,540 $15,540 $0
2017 $783 $13,935 $13,935 $0
2016 $780 $13,425 $13,425 $0
2015 $787 $10,432 $10,432 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5512251

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-177