NOT LISTED FOR SALE

40783 N 109th Place Unit 71 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $4,435,000 - $5,113,000

0.77 Acre
$6,204,887 Price per Acre
33,541 Sq Ft Lot

Last Sold July 27, 2016

Last sale price $81,500

Est. 5,762% increase in value since last sale

Current estimated payment $25,814/month

1,192 Days on Market

Highlights

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

About This Lot

As of July 2016

Beautiful homesite within the village of Arrowhead. Surrounded by wonderful Mountain views. Arizona living at its best can be yours!
Membership is not included.

Last Agent to Sell the Property

Garrett Lipski

Realty Executives License #SA515784000 Listed on: 03/27/2013

Realty Executives

Last Buyer's Agent

Cynthia Worley

Keller Williams Realty Sonoran Living License #BR522914000

Keller Williams Realty Sonoran Living

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,039

Lot Details

  • 0.77 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $64 Monthly HOA Fees

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Additional Features

  • Mountain Views
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 219-56-431

Community Details

Overview

  • Desert Mountain Association, Phone Number (480) 488-2998
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,039

Lot Details

0

HOA Fees

$64 per month

Listing Details

  • Cross Street: Pima & Cave Creek Rd.
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: RES
  • Tax Year: 2012
  • Directions: East on Cave Creek Rd. to Desert Mountain entrance. Ask guard for directions to Arrowhead 71.
  • Lot Size Acres: 0.77
  • Subdivision Name: Desert Mountain
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Golf Course Subd, Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 763.0
  • HOA Paid Frequency: Annually
  • HOA Telephone: 480-488-2998
  • Association Fee: 763.0
  • Association Fee Frequency: Annually
  • Association Name: Desert Mountain
  • Phone: 480-488-2998
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 33752.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-56-431
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1039.0
  • Tax Book Number: 219.00
  • Tax Lot: 71
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Sahand Llc
Bought by
Colwell James C and Colwell Jodi Lynn
Total Days on Market
1192
Current Estimated Value
$4,777,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,985,810
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,791,953

Purchase Details

Closed on
May 17, 2021
Sold by
Farhadi Hamid
Bought by
Sahand Llc

Purchase Details

Closed on
Jul 22, 2020
Sold by
Farhadi Haleh
Bought by
Farhadi Hamid

Purchase Details

Listed on
Mar 27, 2013
Closed on
Jul 26, 2016
Sold by
Mcilroy Properties Llc
Bought by
Sde Llc
Seller's Agent
Garrett Lipski
Realty Executives
Buyer's Agent
Cynthia Worley
Keller Williams Realty Sonoran Living
List Price
$169,000
Sold Price
$81,500
Premium/Discount to List
-$87,500
-51.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.16%

Purchase Details

Closed on
Oct 6, 2009
Sold by
Kuntz James W and Kennedy Ronde
Bought by
Mcilroy Properties Llc

Purchase Details

Closed on
Mar 8, 2005
Sold by
Michaelson Celeste M and Sokol Kathryn
Bought by
Kuntz James W and Kennedy Ronde

Purchase Details

Closed on
Nov 3, 1998
Sold by
Michaelson Celeste M
Bought by
Michaelson Celeste M and Sokol Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.54%

Purchase Details

Closed on
Nov 4, 1997
Sold by
1St E B Ltd Management Corp
Bought by
Michaelson Celeste M

Purchase Details

Closed on
Jan 18, 1996
Sold by
First American Title Insurance Company
Bought by
1St E B Ltd Management Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
7.18%
Mortgage Type
Seller Take Back
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
Colwell James C $4,800,000 Magnus Title Agency
Sahand Llc -- None Available
Farhadi Hamid -- None Available
Farhadi Hamid -- None Available
Sde Llc $81,500 Lawyers Title Of Arizona Inc
Mcilroy Properties Llc $169,000 First American Title Ins Co
Kuntz James W $80,000 First American Title Ins Co
Michaelson Celeste M -- Transnation Title Insurance
Michaelson Celeste M -- --
1St E B Ltd Management Corp $250,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colwell James C $3,000,000
Previous Owner Sahand Llc $1,260,000
Previous Owner Michaelson Celeste M $167,000
Previous Owner 1St E B Ltd Management Corp $212,500
Closed Kuntz James W $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2016 07/27/16 Sold $81,500 -51.8% --
07/01/2016 07/01/16 Pending -- -- --
03/27/2013 03/27/13 For Sale $169,000 -- --
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 $4,734 $85,958 -- --
2024 $785 $81,865 -- --
2023 $785 $21,735 $21,735 $0
2022 $756 $12,870 $12,870 $0
2021 $947 $14,145 $14,145 $0
2020 $997 $14,520 $14,520 $0
2019 $967 $13,740 $13,740 $0
2018 $1,083 $15,240 $15,240 $0
2017 $1,043 $18,930 $18,930 $0
2016 $1,039 $18,660 $18,660 $0
2015 $1,048 $13,984 $13,984 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Garrett Lipski

    Realty Executives

    (480) 464-0553

    11 in this area

    24 Total Sales

    Garrett Lipski
    Section Image
  • Cynthia Worley

    Buyer's Agent in 2016

    Cynthia Worley

    Keller Williams Realty Sonoran Living

    (480) 304-5677

    120 Total Sales

    Cynthia Worley
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4910572

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-431

Arizona Maricopa County Scottsdale 85262 Desert Mountain

40783 N 109th Place Unit 71, Scottsdale, AZ

This home is located at 40783 N 109th Place Unit 71, Scottsdale, AZ 85262 since 27 March 2013 and is currently estimated at $4,777,763. 40783 N 109th Place Unit 71 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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