NOT LISTED FOR SALE

42223 N 108th Place Unit 27 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $884,000 - $1,138,000

1.02 Acres
$1,007,517 Price per Acre
44,431 Sq Ft Lot

Last Sold October 09, 2020

Last sale price $305,000

Est. 237% increase in value since last sale

Current estimated payment $6,231/month

2,139 Days on Market

About This Lot

As of October 2020

Beautiful city light, mountain and sunset views from this lot in the Village of Lost Star. Building envelope is approximately 18,768 square feet. Call lister for topo and more information.

Last Agent to Sell the Property

Anne Morrissey

Russ Lyon Sotheby's International Realty License #SA529774000 Listed on: 10/20/2014

Russ Lyon Sotheby's International Realty

Co-Listed By

Bee Francis

Russ Lyon Sotheby's International Realty License #SA504994000

Last Buyer's Agent

Cammie Beckert

Camelot Homes, Inc. License #BR115229000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,705

Lot Details

  • 1.02 Acre Lot

HOA Fees

  • $224 Monthly HOA Fees

Schools

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

Community Details

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

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 219-47-478

Property Details

Property Type

Land

Est. Annual Taxes

$2,705

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • Cross Street: PIMA AND CAVE CREEK ROADS
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: RES
  • Tax Year: 2016
  • Directions: Pima north to Cave Creek. Cave Creek Rd east to Desert Mountain. North to Guard gate. Ask for directions to Lost Star 27.
  • Lot Size Acres: 1.02
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: Desert Mountain
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1345.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 785.0
  • Association Fee: 1345.0
  • 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
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 44400.0
  • Additional Parcels: No
  • Parcel #: 219-47-478
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2705.0
  • Tax Book Number: 219.00
  • Tax Lot: 27
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2014
Closed on
Oct 5, 2020
Sold by
Pai Chung Ruei and Pai Josetta L
Bought by
Mark Hancock Development Corporation
Seller's Agent
Anne Morrissey
Russ Lyon Sotheby's International Realty
Buyer's Agent
Cammie Beckert
Camelot Homes, Inc.
List Price
$450,000
Sold Price
$305,000
Premium/Discount to List
-$145,000
-32.22%
Total Days on Market
2139
Current Estimated Value
$1,027,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722,667
Avg. Annual Appreciation
29.93%

Purchase Details

Closed on
Dec 13, 2000
Sold by
Desert Winds Development Inc
Bought by
Pai Chung Ruei and Pai Josetta L

Purchase Details

Closed on
Dec 7, 1998
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Desert Winds Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,827
Interest Rate
6.86%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Mark Hancock Development Corporation $305,000 Lawyers Title Of Arizona Inc
Pai Chung Ruei $600,000 First American Title
Desert Winds Development Inc $475,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desert Winds Development Inc $364,827
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $305,000 -32.2% --
10/19/2014 10/19/14 For Sale $450,000 -- --
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 $3,043 $55,256 $55,256 --
2024 $2,911 $52,625 $52,625 --
2023 $2,911 $107,730 $107,730 $0
2022 $2,804 $71,565 $71,565 $0
2021 $3,044 $82,185 $82,185 $0
2020 $2,990 $66,480 $66,480 $0
2019 $2,901 $47,310 $47,310 $0
2018 $2,821 $42,000 $42,000 $0
2017 $2,717 $50,535 $50,535 $0
2016 $2,705 $54,900 $54,900 $0
2015 $2,729 $59,552 $59,552 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5188224

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-478