NOT LISTED FOR SALE

40853 N 108th Way Unit 63 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $663,000 - $4,829,000

0.83 Acre
$2,082,293 Price per Acre
36,155 Sq Ft Lot

Last Sold January 07, 2022

Last sale price $600,000

Est. 188% increase in value since last sale

Current estimated payment $9,881/month

12 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Property is near a golf course
  • Black Mountain Elementary School Rated A-
  • City Lights View
  • Level Lot

About This Lot

As of January 2022

Fantastic opportunity to build your dream home in the prestigious Village of Arrowhead in Desert Mountain! This almost-one-acre homesite offers breathtaking city light & desert mountain views and is tucked away on an interior, private road that dead-ends. Or add this lot to the purchase of the adjacent home at 40815 N. 108th Way for the ultimate in privacy!

Last Agent to Sell the Property

Beth Rider

Keller Williams Arizona Realty License #SA117774000 Listed on: 11/04/2021

Keller Williams Arizona Realty

Last Buyer's Agent

Thomas Wiederstein

Redfin Corporation License #SA675668000

Redfin Corporation

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,207

Lot Details

  • 0.83 Acre Lot
  • Level Lot

HOA Fees

  • $235 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

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

Additional Features

  • North or South Exposure
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 219-56-423

Community Details

Overview

  • Desert Mtn Arrhd Vil Association, Phone Number (480) 635-5600
  • Desert Mountain Phase 2 Unit 7 Lt 1 42 44 76 A E Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,207

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Legal Info Range: 5E
  • Property Type: Land
  • Topography: Level
  • Zoning: Residential
  • Tax Year: 2021
  • Lot Size Acres: 0.83
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: DESERT MOUNTAIN PHASE 2 UNIT 7 LT 1-42 44-76 A-E
  • View:Mountain View(s): Yes
  • View:City Light View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Golf Course Subd, Gated Community, Guarded Entry, North/South Exp
  • View: City Lights, Mountain(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1409.76
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-635-5600
  • Association Fee: 1409.76
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mtn Arrhd Vil
  • Phone: 480-635-5600
  • Association: Yes

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

  • Lot Size: Irregular
  • Lot Size Sq Ft: 36091.0
  • Additional Parcels: No
  • Parcel #: 219-56-423

Tax Info

  • Tax Annual Amount: 1207.0
  • Tax Book Number: 219.00
  • Tax Lot: 63
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Jan 4, 2022
Sold by
Mark Neeb
Bought by
Freeman David and Stewart-Freeman Jane Ellen
Seller's Agent
Beth Rider
Keller Williams Arizona Realty
Buyer's Agent
Thomas Wiederstein
Redfin Corporation
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$1,728,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,128,303
Avg. Annual Appreciation
34.68%

Purchase Details

Listed on
Aug 23, 2019
Closed on
Nov 25, 2019
Sold by
Classic Properties Xx Llc
Bought by
Neeb Mark
Seller's Agent
Tami Henderson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Beth Rider
Keller Williams Arizona Realty
List Price
$250,000
Sold Price
$215,600
Premium/Discount to List
-$34,400
-13.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.06%
Original Mortgage
$172,480
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 13, 2014
Closed on
Dec 12, 2014
Sold by
Caster Gregory P and Caster Kelli K
Bought by
Classie Properties Xx Llc
Seller's Agent
Michael Doyle
Russ Lyon Sotheby's International Realty
Buyer's Agent
David Reese
Exclusive Properties of Arizona
List Price
$130,000
Sold Price
$129,000
Premium/Discount to List
-$1,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%

Purchase Details

Closed on
Jan 20, 2012
Sold by
Mullen Ralph E and Mullen Mary Anne
Bought by
Caster Gregory P and Caster Kelli K

Purchase Details

Closed on
Oct 12, 2011
Sold by
Romano Salvatore N and Romano Bonnie G
Bought by
Mullen Ralph E and Mullen Mary Anne

Purchase Details

Closed on
Dec 24, 1996
Sold by
Higgins Patrick J and Higgins Judith A
Bought by
Romano Salvatore N and Romano Bonnie G
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
Freeman David $600,000 New Title Company Name
Neeb Mark $215,600 Security Title Agency Inc
Classie Properties Xx Llc $125,000 U S Title Agency Llc
Caster Gregory P $750,000 Us Title Agency Llc
Mullen Ralph E -- None Available
Romano Salvatore N $200,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neeb Mark $172,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $600,000 0.0% --
11/14/2021 11/14/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $600,000 +178.3% --
11/27/2019 11/27/19 Sold $215,600 -13.8% --
08/23/2019 08/23/19 For Sale $250,000 +93.8% --
12/16/2014 12/16/14 Sold $129,000 -0.8% --
12/11/2014 12/11/14 Pending -- -- --
12/11/2014 12/11/14 For Sale $130,000 -- --
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 $1,207 $21,910 $21,910 --
2024 $1,154 $20,866 $20,866 --
2023 $1,154 $43,020 $43,020 $0
2022 $1,112 $24,690 $24,690 $0
2021 $1,207 $25,500 $25,500 $0
2020 $1,186 $23,730 $23,730 $0
2019 $1,150 $22,950 $22,950 $0
2018 $1,119 $20,985 $20,985 $0
2017 $1,077 $19,605 $19,605 $0
2016 $1,073 $19,335 $19,335 $0
2015 $1,082 $14,608 $14,608 $0
Source: Public Records

Agents Affiliated with this Home

  • Beth Rider

    Seller's Agent in 2022

    Beth Rider

    Keller Williams Arizona Realty

    (480) 666-0501

    6 in this area

    1,613 Total Sales

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  • T

    Buyer's Agent in 2022

    Thomas Wiederstein

    Redfin Corporation

    Section Image
  • Tami Henderson

    Seller's Agent in 2019

    Tami Henderson

    Russ Lyon Sotheby's International Realty

    (480) 341-2815

    43 in this area

    77 Total Sales

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  • Laurie Tucker

    Seller Co-Listing Agent in 2019

    Laurie Tucker

    Russ Lyon Sotheby's International Realty

    (303) 229-2297

    29 in this area

    49 Total Sales

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  • M

    Seller's Agent in 2014

    Michael Doyle

    Russ Lyon Sotheby's International Realty

    Section Image
  • Kathy Reed

    Seller Co-Listing Agent in 2014

    Kathy Reed

    Russ Lyon Sotheby's International Realty

    (480) 262-1284

    81 in this area

    93 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6315786

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-423

Arizona Maricopa County Scottsdale 85262 Desert Mountain

40853 N 108th Way Unit 63, Scottsdale, AZ

This home is located at 40853 N 108th Way Unit 63, Scottsdale, AZ 85262 since 04 November 2021 and is currently estimated at $1,728,303. 40853 N 108th Way Unit 63 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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