NOT LISTED FOR SALE

40660 N 109th Place Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $2,191,000 - $4,158,872

4 Beds
4.5 Baths
6,500 Sq Ft
$513/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $1,500,000 $231 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $19,360/month

354 Days on Market

Highlights

  • Gated with Attendant
  • Heated Spa
  • Fireplace in Primary Bedroom
  • Black Mountain Elementary School Rated A-
  • City Lights View
  • Contemporary Architecture

About This Home

As of August 2023

Incredible VIEWS throughout the property. Absolute steal at @ $322 a sq. ft. in Desert Mtn. This walkout basement home was solidly constructed out of decorative block. Gorgeous large travertine tiles throughout the home. Ensuite secondary bedrooms with private balconies. 6 balconies in all with a phenomenal view deck. Huge living room with grand coffered ceilings. Basement wine cellar, office, media room, and 2 bars. Frameless corner windows. Venetian plaster walls. Limestone fireplaces. The kitchen features granite counters, mahogany cabinets, wet-island, custom frige, 2 sinks, 2 ovens, and counter space for ever. Infinity edge heated pool & spa. The subject property has been priced for its condition. Gas services are not available due to a leak in the line or an appliance. Easy to show.

Last Agent to Sell the Property

Terry Dietz

Merit Realty License #BR578624000 Listed on: 08/24/2022

Last Buyer's Agent

Terry Dietz

Merit Realty License #BR578624000 Listed on: 08/24/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,516

Year Built

  • Built in 1995

Lot Details

  • 1.35 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $327 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Foam Roof
  • Block Exterior
  • Stone Exterior Construction

Interior Spaces

  • 6,500 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 219-56-205

Community Details

Overview

  • Association fees include ground maintenance
  • Dersert Mountain HOA, Phone Number (480) 635-5600
  • Desert Mountain Phase 2, Subdivision, Custom Floorplan

Recreation

  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,516

Year Built

Built in 1995

Lot Details

0

HOA Fees

$327 per month

Parking

3

Listing Details

  • Cross Street: Pima & Cave Creek Rd.
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 327.31
  • Basement: Y
  • Updated Pool: Full
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: East to Desert Mtn. entrance.
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.35
  • Subdivision Name: Desert Mountain Phase 2,
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1963.86
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Walk-Out Access, Full
  • Flooring: Other, Carpet, Stone, Tile
  • Basement YN: Yes
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 6500.0
  • Stories: 2
  • Window Features: Solar Screens
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • Basement Description:Walkout: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Full: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: None
  • Construction Type: Steel Frame, Painted, Stone, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Construction:Block: Yes
  • Construction:Frame - Metal: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa Htd, Community Pool Htd, Guarded Entry
  • Amenities: Other, Management
  • Association Fee: 1963.86
  • Association Fee Frequency: Semi-Annually
  • Association Name: Dersert Mountain HOA
  • Phone: 480-635-5600
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 800.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Dersert Mountain HOA
  • Association Fees:HOA Telephone4: 480 635 5600
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

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

  • Land Lease: No
  • Lot Size Sq Ft: 58606.0
  • Parcel #: 219-56-205
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unk

Tax Info

  • Tax Annual Amount: 8516.0
  • Tax Book Number: 219.00
  • Tax Lot: 8
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Sep 21, 2023
Sold by
Southwest Invs Funds Llc
Bought by
Blue Water Three Llc
Seller's Agent
Terry Dietz
Merit Realty
Buyer's Agent
Terry Dietz
Merit Realty
List Price
$2,975,000
Sold Price
$1,500,000
Premium/Discount to List
-$1,475,000
-49.58%
Views
440
Current Estimated Value
$3,334,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,834,957
Avg. Annual Appreciation
51.28%

Purchase Details

Listed on
Aug 24, 2022
Closed on
Aug 30, 2023
Sold by
Wamu Mortgage Pass-Through Certificates
Bought by
Southwest Invs Funds Llc
Seller's Agent
Terry Dietz
Merit Realty
Buyer's Agent
Terry Dietz
Merit Realty
List Price
$2,975,000
Sold Price
$1,500,000
Premium/Discount to List
-$1,475,000
-49.58%
Views
440

Purchase Details

Closed on
Jul 26, 2022
Sold by
Sheriff Of Maricopa County
Bought by
Wamu Mortgage Pass-Through Certificates Serie and Pheasant Grove Llc

Purchase Details

Closed on
Nov 18, 2011
Sold by
First National Bank Of Omaha
Bought by
Pheasant Run Llc

Purchase Details

Closed on
Jul 14, 2010
Sold by
Pellowski Brian E and Peterson Debra A
Bought by
First National Bank Of Omaha

Purchase Details

Closed on
Jan 21, 2000
Sold by
Cooper John F and Cooper Mary I
Bought by
Pellowski Brian E and Peterson Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 1997
Sold by
Cooper Mary I
Bought by
Cooper Mary I and Mary I Cooper Personal Residence Trust
Source: Public Records

Range of Values:

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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
Blue Water Three Llc $1,950,000 Premier Title Agency
Southwest Invs Funds Llc -- None Listed On Document
Wamu Mortgage Pass-Through Certificates Serie $1,850,205 None Listed On Document
Pheasant Run Llc -- None Available
First National Bank Of Omaha $932,689 Empire West Title Agency
Pellowski Brian E $1,800,000 Chicago Title Insurance Co
Cooper Mary I -- --
Cooper Mary I -- --
Cooper John F -- --
Cooper John F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pellowski Brian E $800,000
Previous Owner Pellowski Brian E $1,486,000
Previous Owner Pellowski Brian E $1,260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $1,500,000 -28.4% $231 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
06/22/2023 06/22/23 Price Changed $2,094,000 -3.7% $322 / Sq Ft
03/29/2023 03/29/23 Price Changed $2,174,500 -14.7% $335 / Sq Ft
02/13/2023 02/13/23 Price Changed $2,549,000 -1.9% $392 / Sq Ft
01/06/2023 01/06/23 Price Changed $2,599,000 -3.7% $400 / Sq Ft
12/01/2022 12/01/22 Price Changed $2,699,000 -3.6% $415 / Sq Ft
11/02/2022 11/02/22 Price Changed $2,799,000 -3.4% $431 / Sq Ft
09/26/2022 09/26/22 Price Changed $2,899,000 -2.6% $446 / Sq Ft
08/24/2022 08/24/22 For Sale $2,975,000 0.0% $458 / Sq Ft
03/01/2017 03/01/17 Rented $3,995 0.0% --
02/12/2017 02/12/17 Under Contract -- -- --
01/14/2017 01/14/17 Price Changed $3,995 -4.8% $1 / Sq Ft
12/19/2016 12/19/16 Price Changed $4,195 -6.7% $1 / Sq Ft
11/28/2016 11/28/16 Price Changed $4,495 -10.0% $1 / Sq Ft
10/27/2016 10/27/16 For Rent $4,995 +25.0% --
11/07/2012 11/07/12 Rented $3,995 +1.1% --
10/10/2012 10/10/12 Under Contract -- -- --
08/03/2012 08/03/12 For Rent $3,950 +5.3% --
03/01/2012 03/01/12 Rented $3,750 -21.1% --
02/14/2012 02/14/12 Under Contract -- -- --
12/06/2011 12/06/11 For Rent $4,750 -- --
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 $7,375 $133,914 -- --
2024 $7,054 $127,537 -- --
2023 $7,054 $126,090 $15,490 $110,600
2022 $6,795 $115,680 $14,210 $101,470
2021 $7,855 $121,890 $14,970 $106,920
2020 $7,716 $112,160 $13,780 $98,380
2019 $7,485 $106,390 $13,070 $93,320
2018 $7,560 $106,850 $13,120 $93,730
2017 $7,281 $107,330 $13,180 $94,150
2016 $7,248 $100,580 $12,350 $88,230
2015 $6,854 $107,240 $13,170 $94,070
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Terry Dietz

    Merit Realty

    (602) 930-7288

    1 in this area

    12 Total Sales

    Section Image

  • J

    Seller's Agent in 2017

    John Poyner

    Phoenix Property Group

    (623) 451-4209

    180 Total Sales

    Section Image

  • E

    Seller Co-Listing Agent in 2017

    Elaine Poyner

    PPG Property Management, LLC

    (602) 374-2302

    Section Image

  • J

    Seller's Agent in 2012

    Jeff Kalina

    HomeSmart

    Section Image
  • Rebecca Norton

    Buyer's Agent in 2012

    Rebecca Norton

    Coldwell Banker Realty

    (480) 220-2375

    46 Total Sales

    Section Image

  • D

    Buyer's Agent in 2012

    Danielle Racke

    Red House Realty

    17 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6454872

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-205

Arizona Maricopa County Scottsdale 85262 Desert Mountain

40660 N 109th Place, Scottsdale, AZ

This home is located at 40660 N 109th Place, Scottsdale, AZ 85262 since 24 August 2022 and is currently estimated at $3,334,957, approximately $513 per square foot. This property was built in 1995. 40660 N 109th Place 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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