NOT LISTED FOR SALE

40420 N 109th Place Unit 90 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $2,913,000 - $4,288,000

0.68 Acre
$5,130,472 Price per Acre
29,621 Sq Ft Lot

Last Sold April 23, 2017

Last sale price $185,000

Est. 1,786% increase in value since last sale

Current estimated payment $20,255/month

820 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 April 2017

Private, secluded location at end of cul-de-sac backing to 50+ acres of Natural Area Open Space and Golf Course. Large building envelope offers views of sunsets, mountains and city lights with some golf course views. Seller may fiance a portion of purchase price during Design period. Preliminary Design available by Jaque Bethke/Pure Design.

Last Agent to Sell the Property

Scott Naumann

Mountain & Desert Properties, LLC License #BR102852000 Listed on: 12/16/2014

Co-Listed By

Tami Henderson

Russ Lyon Sotheby's International Realty License #SA651918000

Last Buyer's Agent

Scott Naumann

Desert Mountain Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $948

Year Built

  • 2020

Lot Details

  • 0.68 Acre Lot
  • Cul-De-Sac
  • Property is zoned R1

HOA Fees

  • $225 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Location

  • Property is near a golf course

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 219-56-287

Community Details

Overview

  • Desert Mountain Ccmc Association, Phone Number (480) 595-4200
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$948

Year Built

2020

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Cross Street: Pima & Cave Creek Rd.
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R1
  • Tax Year: 2014
  • Directions: North on Pima Road to Cave Creek Road. 1 Mile East on Cave Creek Road to Desert Mountain entry on Left. Ask guard for directions to Rose Quartz 90.
  • Lot Size Acres: 0.68
  • Co List Office Mls Id: dmll01
  • Co List Office Phone: 480-488-9974
  • Subdivision Name: Desert Mountain
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

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

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1352.88
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480.595.4200
  • HOA Transfer Fee: 764.0
  • Association Fee: 1352.88
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain CCMC
  • Phone: 480-595-4200
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District

Lot Info

  • Lot Size: x
  • Lot Size Sq Ft: 29663.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-56-287
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 948.0
  • Tax Book Number: 219.00
  • Tax Lot: 90
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2019
Sold by
Sims James T
Bought by
40420 No 109Th Place Llc
Total Days on Market
820
Current Estimated Value
$3,488,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Outstanding Balance
$1,274,745
Interest Rate
3.7%
Mortgage Type
Small Business Administration
Estimated Equity
$2,097,212

Purchase Details

Closed on
Oct 26, 2017
Sold by
Sims Sherry
Bought by
Sims James T

Purchase Details

Listed on
Dec 16, 2014
Closed on
Apr 17, 2017
Sold by
Les Hardy Jr Living Trust
Bought by
James T Sims Jr Irrevocab Le Trust Agr
Seller's Agent
Scott Naumann
Mountain & Desert Properties, LLC
Buyer's Agent
Scott Naumann
Mountain & Desert Properties, LLC
List Price
$290,000
Sold Price
$185,000
Premium/Discount to List
-$105,000
-36.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.97%
Interest Rate
4.08%

Purchase Details

Closed on
May 29, 2001
Sold by
Hardy Les and Hardy Kay L
Bought by
Hardy Les and Hardy Kay L

Purchase Details

Closed on
Mar 16, 1994
Sold by
Maher Edward J and Maher Maureen F
Bought by
Hardy Les and Hardy Kay L
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
40420 No 109Th Place Llc -- Clear Title Agency Of Az Llc
Sims James T -- None Available
Sims James T -- None Available
James T Sims Jr Irrevocab Le Trust Agr $185,000 --
Hardy Les -- --
Hardy Les $152,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 40420 No 109Th Place Llc $240,000
Open 40420 No 109Th Place Llc $1,440,000
Previous Owner James T Sims Jr Irrevocab Le Trust Agr --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2017 04/23/17 Sold $185,000 -36.2% --
03/15/2017 03/15/17 Pending -- -- --
12/16/2014 12/16/14 For Sale $290,000 -- --
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 $5,350 $97,145 -- --
2024 $5,117 $92,519 -- --
2023 $5,117 $183,520 $36,700 $146,820
2022 $4,930 $125,250 $25,050 $100,200
2021 $2,870 $63,030 $12,600 $50,430
2020 $1,101 $21,105 $21,105 $0
2019 $1,068 $22,260 $22,260 $0
2018 $1,039 $19,650 $19,650 $0
2017 $1,000 $20,745 $20,745 $0
2016 $996 $18,570 $18,570 $0
2015 $1,005 $15,024 $15,024 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Naumann

    Seller's Agent in 2017

    Scott Naumann

    Mountain & Desert Properties, LLC

    (602) 525-4452

    21 in this area

    42 Total Sales

    Scott Naumann
    Section Image
  • Tami Henderson

    Seller Co-Listing Agent in 2017

    Tami Henderson

    Russ Lyon Sotheby's International Realty

    (480) 341-2815

    48 in this area

    82 Total Sales

    Tami Henderson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5211528

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-287

Arizona Maricopa County Scottsdale 85262 Desert Mountain

40420 N 109th Place Unit 90, Scottsdale, AZ

This home is located at 40420 N 109th Place Unit 90, Scottsdale, AZ 85262 since 16 December 2014 and is currently estimated at $3,488,721. This property was built in 2020. 40420 N 109th Place Unit 90 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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