NOT LISTED FOR SALE

Estimated Value: $4,065,000 - $4,340,604

1.38 Acres
$3,024,928 Price per Acre
60,113 Sq Ft Lot

Last Sold June 03, 2013

Last sale price $300,000

Est. 1,291% increase in value since last sale

Current estimated payment $23,345/month

268 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Corner Lot
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • Greenbelt

About This Lot

As of June 2013

Bank Owned...Terrific Opportunity to acquire a fantastic golf course view lot. Bank wants it sold! Over 1.3 acres with sweeping 180 degree views. The lot sits high above the golf course offering elevated views of two fairways and a green. This fully improved site has great Mountain views and exceptional privacy. Numerous old growth Saguaros. Building envelope staked with walking path for easy show. Call Kathy or Mike for more information and access to community. Equity Golf Membership included in offering price. Bank owned. No Seller Property Disclosure will be provided. Also- use AS-IS Addendum with offer.

Last Agent to Sell the Property

Michael Doyle

Russ Lyon Sotheby's International Realty License #SA028821000 Listed on: 02/25/2013

Russ Lyon Sotheby's International Realty

Co-Listed By

Kathy Reed

Russ Lyon Sotheby's International Realty License #SA555323000

Last Buyer's Agent

Christopher Kitchen

CDS Realty License #SA576307000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,447

Lot Details

  • 1.38 Acre Lot
  • Corner Lot
  • Gentle Sloping Lot

HOA Fees

  • $268 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 256
  • Assessor Parcel Number 219-47-900

Community Details

Overview

  • Dm HOA, Phone Number (480) 595-4220
  • Secondary HOA Phone (480) 595-4000
  • Desert Mountain Subdivision
  • Greenbelt

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$2,447

Lot Details

0

HOA Fees

$268 per month

Listing Details

  • Cross Street: Pima Road & Cave Creek Road
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Topography: Gentle Sloping
  • Zoning: RES
  • Tax Year: 2012
  • Directions: Entrance to Desert Mountain is one mile east of Pima on the north side of Cave Creek Rd. Gated community--need clearance to get in.
  • Horses: No
  • Lot Size Acres: 1.38
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: Desert Mountain
  • 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 Lot, Golf Course Subd, Corner Lot, Mountain View(s), Gated Community, Guarded Entry, Adjacent to Wash, Border Common Area, Greenbelt
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • HOA #2 Paid Frequency: Semi-Annually
  • Annual HOA Fees: 1607.58
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 700.0
  • Association Property Info PAD Paid Frequency: Annually
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 1607.58
  • Association Fee Frequency: Semi-Annually
  • Association: DM HOA
  • Association Name: DM HOA
  • Association Phone #2: 480-595-4000
  • Phone: 480-595-4220
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 60047.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-47-900
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2446.82
  • Tax Book Number: 219.00
  • Tax Lot: 256
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
Lehman John W and Lehman John W
Bought by
Krueger C David C and Krueger Terri H
Current Estimated Value
$4,174,401

Purchase Details

Closed on
Nov 16, 2016
Sold by
Lehman John and Lehman Peggy
Bought by
Declaration Lehman John W and Declaration John W Lehman 1991

Purchase Details

Closed on
Apr 15, 2016
Sold by
Stansfield Jo Anne M
Bought by
Lehman John and Lehman Peggy

Purchase Details

Closed on
Oct 24, 2014
Sold by
Salero Corporation
Bought by
Stanfield Jo Anne M

Purchase Details

Closed on
Oct 6, 2014
Sold by
Gallacher William M
Bought by
Stansfield Jo Anne M

Purchase Details

Closed on
Jul 30, 2008
Sold by
#256 Professional Holdings Llc
Bought by
National Bank Of Arizona

Purchase Details

Closed on
Dec 8, 2004
Sold by
Desert Golf Properties Llc
Bought by
#256 Professional Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2004
Sold by
Desert Mountain Properties Lp
Bought by
Desert Golf Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Krueger C David C $3,655,000 First Arizona Title Agcy Llc
Declaration Lehman John W -- None Available
Lehman John $2,375,000 Us Title Agency Llc
Stanfield Jo Anne M $2,100,000 U S Title Agency Llc
Salero Corporation -- U S Title Agency Llc
Stansfield Jo Anne M -- U S Title Agency Llc
National Bank Of Arizona $638,246 None Available
#256 Professional Holdings Llc $925,000 First American Title Ins Co
Desert Golf Properties Llc $800,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner #256 Professional Holdings Llc $640,000
Previous Owner Desert Golf Properties Llc $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2013 06/03/13 Sold $300,000 -22.9% --
05/02/2013 05/02/13 Pending -- -- --
08/07/2012 08/07/12 For Sale $389,270 -- --
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 $10,293 $186,897 -- --
2024 $9,845 $177,997 -- --
2023 $9,845 $267,360 $53,470 $213,890
2022 $9,484 $236,620 $47,320 $189,300
2021 $10,297 $231,820 $46,360 $185,460
2020 $10,115 $217,110 $43,420 $173,690
2019 $9,812 $203,900 $40,780 $163,120
2018 $9,542 $182,550 $36,510 $146,040
2017 $9,190 $172,850 $34,570 $138,280
2016 $9,149 $158,520 $31,700 $126,820
2015 $6,383 $108,530 $21,700 $86,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4800781

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-900