NOT LISTED FOR SALE

40153 N 107th St Unit 159 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $2,768,000 - $3,344,000

0.6 Acre
$4,986,670 Price per Acre
26,136 Sq Ft Lot

Last Sold February 27, 2015

Last sale price $125,000

Est. 2,294% increase in value since last sale

Current estimated payment $16,508/month

128 Days on Market

Highlights

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

About This Lot

As of February 2015

This lot is Elevated above street and offers very nice mountain views. Building envelope takes in the highest portion of the lot and offers a nice desert setting for a home. Building Envelope is 14,725 sq ft. Well priced, non membership site. See documents for topo map. Lot corners flagged for easy identification.

Last Agent to Sell the Property

Michael Doyle

Russ Lyon Sotheby's International Realty License #SA028821000 Listed on: 12/13/2013

Russ Lyon Sotheby's International Realty

Co-Listed By

Kathy Reed

Russ Lyon Sotheby's International Realty License #SA555323000

Last Buyer's Agent

Daniel Wolski

Russ Lyon Sotheby's International Realty License #SA555961000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $811

Lot Details

  • 0.6 Acre Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $182 Monthly HOA Fees

Schools

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

Additional Features

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

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 219-56-169

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

$811

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • Cross Street: DESERT MOUNTAIN PARKWAY & CAVE CREEK RD
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Off Site Imp Complte, On Site Imp Cmplete
  • Topography: Level
  • Zoning: RES
  • Tax Year: 2013
  • Directions: Lot is located in Village of Grey Fox in Desert Mountain. Corners flagged and sign on property
  • Horses: No
  • Lot Size Acres: 0.6
  • Road Surface Type: Asphalt, 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

  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Golf Course Subd, Corner Lot, 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: 1091.82
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 700.0
  • Association Fee: 1091.82
  • 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: 22225.0
  • Additional Parcels: No
  • Parcel #: 219-56-169
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 811.1
  • Tax Book Number: 219.00
  • Tax Lot: 159
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Boxwell 88 Ventures Llc
Bought by
Foley Michael and Foley Rachel
Current Estimated Value
$2,992,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,552,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2018
Sold by
88 Ventures Llc
Bought by
Boxwell 88 Ventures Llc

Purchase Details

Closed on
Sep 2, 2016
Sold by
Wolski Daniel
Bought by
88 Ventures Llc

Purchase Details

Listed on
Dec 13, 2013
Closed on
Feb 19, 2015
Sold by
Boswell Stephen T and Boswell Karen Al
Bought by
Wolski Daniel and Daniel Wolski Profit Sharing Plan
Seller's Agent
Michael Doyle
Russ Lyon Sotheby's International Realty
Buyer's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.85%
Original Mortgage
$96,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 1994
Sold by
First American Title Insurance Company
Bought by
Otterlei John and Otterlei Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage
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
Foley Michael $1,940,000 First American Title Ins Co
Boxwell 88 Ventures Llc $250,000 Grand Canyon Title Agency
88 Ventures Llc $175,000 First American Title Insuran
Wolski Daniel $125,000 Rl Title Agency Llc
Otterlei John $200,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foley Michael $1,552,000
Previous Owner Wolski Daniel $96,000
Previous Owner Otterlei John $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $125,000 +0.1% --
04/20/2014 04/20/14 Pending -- -- --
12/13/2013 12/13/13 For Sale $124,900 -- --
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 $5,558 $100,914 -- --
2024 $5,316 $96,109 -- --
2023 $5,316 $199,150 $39,830 $159,320
2022 $5,121 $130,110 $26,020 $104,090
2021 $2,931 $64,360 $12,870 $51,490
2020 $879 $17,760 $17,760 $0
2019 $853 $16,770 $16,770 $0
2018 $830 $15,795 $15,795 $0
2017 $799 $14,175 $14,175 $0
2016 $795 $13,680 $13,680 $0
2015 $802 $10,640 $10,640 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Michael Doyle

    Russ Lyon Sotheby's International Realty

    Section Image
  • Kathy Reed

    Seller Co-Listing Agent in 2015

    Kathy Reed

    Russ Lyon Sotheby's International Realty

    (480) 262-1284

    77 in this area

    89 Total Sales

    Kathy Reed
    Section Image
  • Daniel Wolski

    Buyer's Agent in 2015

    Daniel Wolski

    Russ Lyon Sotheby's International Realty

    (480) 488-5718

    214 in this area

    316 Total Sales

    Daniel Wolski
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5042219

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-169

Arizona Maricopa County Scottsdale 85262 Desert Mountain

40153 N 107th St Unit 159, Scottsdale, AZ

This home is located at 40153 N 107th St Unit 159, Scottsdale, AZ 85262 since 13 December 2013 and is currently estimated at $2,992,002. 40153 N 107th St Unit 159 is a home located in Maricopa County with nearby schools including Black Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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