NOT LISTED FOR SALE

40575 N 109th Place Unit 2 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $3,961,000 - $4,848,000

1.29 Acres
$3,477,261 Price per Acre
56,192 Sq Ft Lot

Last Sold September 11, 2020

Last sale price $190,000

Est. 2,261% increase in value since last sale

Current estimated payment $25,375/month

1 Day on Market

About This Lot

As of September 2020

This lot located in the high end golf community of Desert Mountain has beautiful views!! Extended driveway will add to your curb appeal as you drive up the driveway to your costume built estate. This land has a building envelope of approx. 24,800 sq ft.
You will not regret buying and building your dream home on this lot in Rose Quarz and start enjoying the good life Desert Mountain has to offer.

Last Agent to Sell the Property

Scott Naumann

Mountain & Desert Properties, LLC License #BR102852000 Listed on: 09/10/2020

Co-Listed By

Elisabeth Tracy

Mountain & Desert Properties, LLC License #SA634084000

Last Buyer's Agent

Scott Naumann

Desert Mountain Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,451

Lot Details

  • 1.29 Acre Lot

HOA Fees

  • $103 Monthly HOA Fees

Schools

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

Community Details

  • Desert Mountain HOA, Phone Number (480) 635-5600
  • Desert Mountain Phase 2 Unit 6 Lt 1 94 Tr A B Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 219-56-199

Property Details

Property Type

Land

Est. Annual Taxes

$1,451

Lot Details

0

HOA Fees

$103 per month

Listing Details

  • Cross Street: Pima and Cave Creek
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: Res
  • Tax Year: 2019
  • Directions: East on Cave Creek to Desert Mountain Parkway. Lot #2 in Rose Quartz
  • Lot Size Acres: 1.29
  • Road Surface Type: Private Street
  • Co List Office Mls Id: dmll01
  • Co List Office Phone: 480-488-9974
  • Subdivision Name: DESERT MOUNTAIN PHASE 2 UNIT 6 LT 1-94 TR A B
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: Other (See Rmks)

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 618.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-635-5600
  • HOA Transfer Fee: 800.0
  • Association Fee: 618.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain HOA
  • 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: 56241.0
  • Additional Parcels: No
  • Parcel #: 219-56-199
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1451.0
  • Tax Book Number: 219.00
  • Tax Lot: 2
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2023
Sold by
Geist James V and Geist Kendra L
Bought by
George L Jenkins Revocable Trust
Total Days on Market
1
Current Estimated Value
$4,485,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,131,736
Outstanding Balance
$2,094,372
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$2,409,628

Purchase Details

Closed on
Feb 16, 2022
Sold by
Lacy Calvin M
Bought by
Geist James V and Geist Kendra L

Purchase Details

Listed on
Sep 10, 2020
Closed on
Sep 2, 2020
Sold by
E D Realty Inc
Bought by
Lacy Calvin M and Lacy Jeanne C
Seller's Agent
Scott Naumann
Mountain & Desert Properties, LLC
Buyer's Agent
Scott Naumann
Mountain & Desert Properties, LLC
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.01%

Purchase Details

Closed on
Sep 17, 2008
Sold by
First Arizona Savings
Bought by
E D Realty Inc

Purchase Details

Closed on
May 22, 2008
Sold by
Zacher Richard C and Zacher Kristin
Bought by
First Arizona Savings

Purchase Details

Closed on
Apr 15, 2002
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Zacher Ii Richard C and Zacher Kristin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1994
Sold by
First American Title Insurance Company
Bought by
Mueller Kent C and Mueller Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,750
Interest Rate
8.35%
Mortgage Type
Seller Take Back
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
George L Jenkins Revocable Trust $600,000 First American Title Insurance
Lacy Calvin M $190,000 First Arizona Title Agency
E D Realty Inc $360,000 Security Title Agency
First Arizona Savings $304,698 None Available
Zacher Ii Richard C $335,000 First American Title Ins Co
Mueller Kent C $235,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George L Jenkins Revocable Trust $2,131,736
Previous Owner Zacher Ii Richard C $1,800,000
Previous Owner Zacher Ii Richard C $300,000
Previous Owner Zacher Ii Richard C $268,000
Previous Owner Mueller Kent C $199,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $190,000 0.0% --
09/10/2020 09/10/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $190,000 -- --
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 $1,098 $19,934 $19,934 --
2024 $1,050 $18,985 $18,985 --
2023 $1,050 $28,380 $28,380 $0
2022 $1,012 $17,220 $17,220 $0
2021 $1,274 $19,020 $19,020 $0
2020 $1,361 $19,710 $19,710 $0
2019 $1,451 $20,625 $20,625 $0
2018 $1,488 $31,125 $31,125 $0
2017 $1,433 $31,125 $31,125 $0
2016 $1,427 $28,500 $28,500 $0
2015 $1,439 $22,832 $22,832 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Naumann

    Seller's Agent in 2020

    Scott Naumann

    Mountain & Desert Properties, LLC

    (602) 525-4452

    21 in this area

    42 Total Sales

    Scott Naumann
    Section Image

  • E

    Seller Co-Listing Agent in 2020

    Elisabeth Tracy

    Mountain & Desert Properties, LLC

    (480) 290-9099

    15 in this area

    30 Total Sales

    Elisabeth Tracy
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6130115

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-199

Arizona Maricopa County Scottsdale 85262 Desert Mountain

40575 N 109th Place Unit 2, Scottsdale, AZ

This home is located at 40575 N 109th Place Unit 2, Scottsdale, AZ 85262 since 10 September 2020 and is currently estimated at $4,485,667. 40575 N 109th Place Unit 2 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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