NOT LISTED FOR SALE

42148 N 97th Way Unit 292 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $5,953,000 - $10,653,000

4.27 Acres
$1,861,689 Price per Acre
186,001 Sq Ft Lot

Last Sold April 24, 2015

Last sale price $683,000

Est. 1,064% increase in value since last sale

Current estimated payment $43,654/month

123 Days on Market

About This Lot

As of April 2015

Rare opportunity to build your Desert Mountain home on this very private, stunning, value-priced 4.2 acre home site. Original Developer lot with birds-eye 360 degree views of the pristine Sonoran Desert and Valley of the Sun. Optional preliminary drawings by Candelaria Design for a 5600 sf soft contemporary w/ circular auto court. One-level open-plan main home with Jr Master, library and attached 2 BR casita. ...or design your own desert retreat. Site plan and floor plan can be viewed w/ photo tab. Detailed builder's bid available through Landmark West's Ken Madden. May be purchased w or w/o Equity Golf Membership to the Desert Mountain Club.

Last Agent to Sell the Property

Kathleen Benoit

Russ Lyon Sotheby's International Realty License #BR573606000 Listed on: 11/18/2014

Russ Lyon Sotheby's International Realty

Co-Listed By

Karen Baldwin

Compass License #SA104221000

Last Buyer's Agent

Cheryl D'Anna

Russ Lyon Sotheby's International Realty License #SA041552000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,075

Lot Details

  • 4.27 Acre Lot
  • Property is zoned R-10

HOA Fees

  • $270 Monthly HOA Fees

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Community Details

  • Desert Mountain Association, Phone Number (480) 595-4220
  • Desert Mountain Subdivision

Listing and Financial Details

  • Tax Lot 292
  • Assessor Parcel Number 219-64-107

Property Details

Property Type

Land

Est. Annual Taxes

$3,075

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Cross Street: Cave Creek Road and Desert Mt Parkway
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R-10
  • Tax Year: 2014
  • Directions: Take Pima N to Cave Creek Rd. Turn right on Cave Creek Rd and proceed 1 Mile to Desert Mt Pkwy. Guard at Gate will direct you to Saguaro Forest 292.
  • Lot Size Acres: 4.27
  • Co List Office Mls Id: praz17
  • Co List Office Phone: 480-575-6575
  • Subdivision Name: Desert Mountain
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1621.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 785.0
  • Association Fee: 1621.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain
  • Phone: 480-595-4220
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 186178.0
  • Additional Parcels: No
  • Parcel #: 219-64-107
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3075.0
  • Tax Book Number: 219.00
  • Tax Lot: 292
  • Tax Map Number: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2014
Closed on
Apr 7, 2015
Sold by
Desert Mountain Properties Limited Partn
Bought by
Davies Sharon
Seller's Agent
Kathleen Benoit
Russ Lyon Sotheby's International Realty
Buyer's Agent
Cheryl D'Anna
Russ Lyon Sotheby's International Realty
List Price
$750,000
Sold Price
$683,000
Premium/Discount to List
-$67,000
-8.93%
Current Estimated Value
$7,949,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,266,414
Avg. Annual Appreciation
26.39%
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
Davies Sharon $683,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2015 04/24/15 Sold $683,000 -8.9% --
03/13/2015 03/13/15 Pending -- -- --
11/10/2014 11/10/14 For Sale $750,000 -- --
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 $14,858 $269,788 -- --
2024 $14,211 $256,941 -- --
2023 $14,211 $418,280 $83,650 $334,630
2022 $13,690 $324,630 $64,920 $259,710
2021 $14,865 $314,300 $62,860 $251,440
2020 $14,601 $301,980 $60,390 $241,590
2019 $3,463 $129,930 $129,930 $0
2018 $3,368 $101,715 $101,715 $0
2017 $3,243 $93,150 $93,150 $0
2016 $3,229 $66,750 $66,750 $0
2015 $3,257 $64,960 $64,960 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Benoit

    Seller's Agent in 2015

    Kathleen Benoit

    Russ Lyon Sotheby's International Realty

    (480) 544-5565

    149 in this area

    170 Total Sales

    Kathleen Benoit
    Section Image
  • Karen Baldwin

    Seller Co-Listing Agent in 2015

    Karen Baldwin

    Compass

    (480) 694-0098

    59 in this area

    75 Total Sales

    Karen Baldwin
    Section Image
  • Cheryl D'Anna

    Buyer's Agent in 2015

    Cheryl D'Anna

    Russ Lyon Sotheby's International Realty

    (480) 319-3800

    45 in this area

    76 Total Sales

    Cheryl D'Anna
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5201225

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-64-107

Arizona Maricopa County Scottsdale 85262 Desert Mountain

42148 N 97th Way Unit 292, Scottsdale, AZ

This home is located at 42148 N 97th Way Unit 292, Scottsdale, AZ 85262 since 18 November 2014 and is currently estimated at $7,949,414. 42148 N 97th Way Unit 292 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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