NOT LISTED FOR SALE

40670 N 108th Way Unit 15 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $3,948,810 - $4,348,000

0.9 Acre
$4,627,170 Price per Acre
39,204 Sq Ft Lot

Last Sold August 10, 2020

Last sale price $250,000

Est. 1,566% increase in value since last sale

Current estimated payment $24,186/month

23 Days on Market

About This Lot

As of August 2020

Views to West and North and a lot of open space to the West and North.

Lot size 39,354
Building envelope is 20,600

Last Agent to Sell the Property

Russell Sopeland

Realty Executives License #SA033405000 Listed on: 05/18/2020

Realty Executives

Last Buyer's Agent

Brian Herrera

HomeSmart License #SA627774000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,258

Year Built

  • 2023

Lot Details

  • 0.9 Acre Lot
  • Property is zoned sf

HOA Fees

  • $209 Monthly HOA Fees

Community Details

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

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 219-56-212

Property Details

Property Type

Land

Est. Annual Taxes

$1,258

Year Built

2023

Lot Details

0

HOA Fees

$209 per month

Listing Details

  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: sf
  • Tax Year: 2019
  • Lot Size Acres: 0.9
  • Subdivision Name: DESERT MOUNTAIN PHASE 2 UNIT 6 LT 1-94 TR A B
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Exterior Features

  • Disclosures: None, Other (See Rmks)

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1254.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-635-5600
  • HOA Transfer Fee: 800.0
  • Association Fee: 1254.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain
  • Phone: 480-635-5600
  • Association: Yes

Lot Info

  • Lot Size: irregular
  • Lot Size Sq Ft: 39374.0
  • Additional Parcels: No
  • Parcel #: 219-56-212
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1258.0
  • Tax Book Number: 219.00
  • Tax Lot: 15
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Devereux Michael J
Bought by
Devereux Michael J and Devereux Monica
Total Days on Market
23
Current Estimated Value
$4,164,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,584,190
Outstanding Balance
$2,526,638
Interest Rate
5.35%
Mortgage Type
New Conventional
Estimated Equity
$1,637,815

Purchase Details

Closed on
Aug 16, 2021
Sold by
Mortensen Signature Homes Of Arizona Llc
Bought by
Devereux Mike and Devereux Monica

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 27, 2020
Sold by
Wells Fargo Bank Na
Bought by
Mortensen Signature Homes Of Arizona Llc
Seller's Agent
Russell Sopeland
Realty Executives
Buyer's Agent
Brian Herrera
HomeSmart
List Price
$325,000
Sold Price
$250,000
Premium/Discount to List
-$75,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.03%

Purchase Details

Closed on
Aug 20, 2010
Sold by
Haggerty Daniel J and Haggerty Ruth J
Bought by
Wells Fargo Bank Na and Restastement Of Daniel J Haggerty Revoca
Source: Public Records

Similar Property in Scottsdale, AZ

  • 17677 N 82nd St, Scottsdale, AZ 85255

    $3,500,000

    • Land
    • 1.08 Acres
    • $3,240,741 per Acre
    • 17677 N 82nd St
    • Scottsdale, AZ

    This prime location offers exceptional visibility in a rapidly developing area, with easy access to major roadways, including the Loop 101 Freeway. The surrounding neighborhood is experiencing significant growth, with new developments like the Perimeter Center Business Park, and it's close to the prestigious Silverleaf neighborhood, known for its luxury homes and proximity to the Silverleaf

    Daniel Krantz Orion Investment Real Estate

    Section Image
See All Homes in Scottsdale

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Devereux Michael J -- Fidelity National Title
Devereux Mike $400,000 First Arizona Title Agcy Llc
Mortensen Signature Homes Of Arizona Llc $250,000 First Arizona Title Agency
Wells Fargo Bank Na -- None Available
Wells Fargo Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devereux Michael J $2,584,190
Previous Owner Mortensen Signature Homes Of Arizona Llc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $250,000 -23.1% --
08/03/2020 08/03/20 For Sale $325,000 0.0% --
08/03/2020 08/03/20 Price Changed $325,000 0.0% --
06/10/2020 06/10/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $325,000 -- --
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 $7,201 $169,165 -- --
2024 $1,262 $124,527 -- --
2023 $1,262 $45,030 $45,030 $0
2022 $1,216 $25,950 $25,950 $0
2021 $1,320 $26,820 $26,820 $0
2020 $1,297 $24,990 $24,990 $0
2019 $1,258 $26,670 $26,670 $0
2018 $1,223 $23,160 $23,160 $0
2017 $1,178 $24,975 $24,975 $0
2016 $1,173 $22,620 $22,620 $0
2015 $1,183 $18,080 $18,080 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Russell Sopeland

    Realty Executives

    (602) 418-5723

    11 in this area

    15 Total Sales

    Russell Sopeland
    Section Image
  • Brian Herrera

    Buyer's Agent in 2020

    Brian Herrera

    HomeSmart

    (480) 244-8298

    54 in this area

    54 Total Sales

    Brian Herrera
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6079648

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-212

Arizona Maricopa County Scottsdale 85262 Desert Mountain

40670 N 108th Way Unit 15, Scottsdale, AZ

This home is located at 40670 N 108th Way Unit 15, Scottsdale, AZ 85262 since 18 May 2020 and is currently estimated at $4,164,453. This property was built in 2023. 40670 N 108th Way Unit 15 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

Nearby Homes