NOT LISTED FOR SALE

42054 N 97th Way Unit 293 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $736,191 - $1,537,000

2.81 Acres
$376,179 Price per Acre
122,404 Sq Ft Lot

Last Sold March 29, 2013

Last sale price $290,000 $2 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $5,842/month

748 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • 2.81 Acre Lot
  • Black Mountain Elementary School Rated A-

About This Lot

As of March 2013

LENDER OWNED- Equity Golf Membership lot atop Desert Mountain's Premier Village of Saguaro Forest * Large 2.8 acre homesite with a 21,959 square foot building envelope * Lot is elevated with the preferred southwest solar orientation * Views include twinkling city lights, blazing sunsets, and dramatic surrounding mountain views *

Last Agent to Sell the Property

Daniel Wolski

Russ Lyon Sotheby's International Realty License #SA555961000 Listed on: 02/25/2011

Russ Lyon Sotheby's International Realty

Co-Listed By

Troy Gillenwater

Russ Lyon Sotheby's International Realty License #SA020615000

Last Buyer's Agent

Bee Francis

Russ Lyon Sotheby's International Realty License #SA504994000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,857

Lot Details

  • 2.81

Schools

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

Additional Features

  • 122,235 Sq Ft Home
  • 2.81 Acre Lot

Community Details

Recreation

  • Golf Course Community

Additional Features

  • $2,126 per year Dock Fee
  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$2,857

Lot Details

0

Listing Details

  • Tax Municipality: Scottsdale
  • Cross Street: Desert Mountain Parkway and Cave Creek Road
  • Legal Info Lot Number: 293
  • Property Type: C
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 2.81
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 108.00
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Lot
  • Hndrd Blk Directionl: E
  • Hundred Block: 9775
  • Land Features: Gated Community, Golf Course Subd, Guarded Entry
  • Marketing Name: Saguaro Forest
  • Number Lotsin Listing: 1.00
  • Parcel Size: 2.50 - 4.99 Acres
  • Price Per Acre: 106715.30
  • Price Per Sq Ft: 2.45
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: Residential
  • Map Code Grid: F38
  • Tax Year: 2012
  • Directions: Entrance to Desert Mountain Parkway is one mile east of Pima Road on Cave Creek Road.
  • Special Features: 20
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 122235.00

Exterior Features

  • Lot Number: 293

Utilities

  • Water: City Franchise
  • Electric: Aps
  • Gas: Sw Gas

Condo/Co-op/Association

  • Annual HOA Fees: 1607.58
  • HOA Name: Desert Mountain HOA
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-488-2998

Schools

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

Lot Info

  • Lot Size: Irregular

Tax Info

  • Taxes: 2125.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2011
Closed on
Apr 8, 2013
Sold by
Erickson Michael D
Bought by
Palmer Ronald E and Palmer Kathleen A
Seller's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
Buyer's Agent
Bee Francis
Russ Lyon Sotheby's International Realty
List Price
$448,620
Sold Price
$290,000
Premium/Discount to List
-$158,620
-35.36%
Current Estimated Value
$1,057,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$767,064
Avg. Annual Appreciation
10.86%

Purchase Details

Listed on
Feb 25, 2011
Closed on
Mar 29, 2013
Sold by
National Bank Of Arizona
Bought by
Erickson Michael D
Seller's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
Buyer's Agent
Bee Francis
Russ Lyon Sotheby's International Realty
List Price
$448,620
Sold Price
$290,000
Premium/Discount to List
-$158,620
-35.36%

Purchase Details

Closed on
Jun 8, 2009
Sold by
Park Saguaro Forest Investors Llc
Bought by
National Bank Of Arizona

Purchase Details

Closed on
Nov 21, 2005
Sold by
Sw John Tracy Llc
Bought by
293 Park Saguaro Forest Investors 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
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2005
Sold by
Desert Mountain Properties Lp
Bought by
Sw John Tracy 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
5.76%
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
Palmer Ronald E $290,000 Us Title Agency Llc
Erickson Michael D $290,000 Magnus Title Agency
National Bank Of Arizona $424,000 None Available
293 Park Saguaro Forest Investors Llc -- Security Title Agency Inc
Sw John Tracy Llc $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 293 Park Saguaro Forest Investors Llc $640,000
Previous Owner Sw John Tracy Llc $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $290,000 -35.4% $2 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
02/25/2011 02/25/11 For Sale $448,620 -- $4 / Sq Ft
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 $2,857 $51,875 $51,875 --
2024 $2,732 $49,404 $49,404 --
2023 $2,732 $134,940 $134,940 $0
2022 $2,632 $102,915 $102,915 $0
2021 $2,858 $51,705 $51,705 $0
2020 $2,807 $51,705 $51,705 $0
2019 $2,723 $99,570 $99,570 $0
2018 $2,649 $79,785 $79,785 $0
2017 $2,551 $70,950 $70,950 $0
2016 $2,540 $50,010 $50,010 $0
2015 $2,562 $49,344 $49,344 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Wolski

    Seller's Agent in 2013

    Daniel Wolski

    Russ Lyon Sotheby's International Realty

    (480) 488-5718

    216 in this area

    318 Total Sales

    Daniel Wolski
    Section Image

  • T

    Seller Co-Listing Agent in 2013

    Troy Gillenwater

    Russ Lyon Sotheby's International Realty

    (480) 488-5718

    11 in this area

    14 Total Sales

    Troy Gillenwater
    Section Image
  • Bee Francis

    Buyer's Agent in 2013

    Bee Francis

    Russ Lyon Sotheby's International Realty

    (602) 679-3193

    163 in this area

    173 Total Sales

    Bee Francis
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4547346

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-64-108

Arizona Maricopa County Scottsdale 85262 Desert Mountain

42054 N 97th Way Unit 293, Scottsdale, AZ

This home is located at 42054 N 97th Way Unit 293, Scottsdale, AZ 85262 since 25 February 2011 and is currently estimated at $1,057,064, approximately $8 per square foot. 42054 N 97th Way Unit 293 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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