NOT LISTED FOR SALE

42409 N 108th St Unit 24 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $4,591,000 - $5,601,000

0.9 Acre
$5,506,851 Price per Acre
39,204 Sq Ft Lot

Last Sold May 17, 2013

Last sale price $815,000

Est. 508% increase in value since last sale

Current estimated payment $28,861/month

108 Days on Market

Highlights

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

About This Lot

As of May 2013

Beautiful, elevated lot in Lost Star. 21,828 sf building envelope.Most homes built, so it is easy to see the city light, distant golf and mountain views. Call lister for topos and more information. An Equity Golf Membership to the Desert Mountain Club is included, offering full access to six Jack Nicklaus Signature Golf Courses, six distinctive clubhouses, health club, spa, hiking trails and a state of the art Golf Performance Center.

Last Listed By

Karen Baldwin

Russ Lyon Sotheby's International Realty License #SA104221000 Listed on: 12/21/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,870

Year Built

  • 2014

Lot Details

  • 0.9

HOA Fees

  • $224 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
  • 0.9 Acre Lot
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 219-47-475

Community Details

Overview

  • Ccmc Association, Phone Number (480) 595-4000
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,870

Year Built

2014

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • Cross Street: Pima and Cave Creek
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Topography: {"Hillside":true}
  • Zoning: Residential
  • Tax Year: 2012
  • Directions: N on Pima, E on Cave Creek, N on Desert Mountain Parkway to Guard Gate
  • Horses: No
  • Lot Size Acres: 0.9
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: Desert Mountain
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2014

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: Golf Course Subd, City Light View(s), Mountain View(s), Gated Community, North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1345.02
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4000
  • HOA Transfer Fee: 785.0
  • Association Fee: 1345.02
  • Association Fee Frequency: Semi-Annually
  • Association Name: CCMC
  • Phone: 480-595-4000
  • 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: 38875.0
  • Additional Parcels: No
  • Parcel #: 219-47-475
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1870.46
  • Tax Book Number: 219.00
  • Tax Lot: 24
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2012
Closed on
Apr 12, 2013
Sold by
Kaplin Ned Jb and Kaplin Marcia B
Bought by
Binzona Holdings Inc
Seller's Agent
Karen Baldwin
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michael Doyle
Russ Lyon Sotheby's International Realty
List Price
$895,000
Sold Price
$815,000
Premium/Discount to List
-$80,000
-8.94%
Total Days on Market
108
Current Estimated Value
$4,956,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,141,166
Avg. Annual Appreciation
16.49%

Purchase Details

Closed on
Feb 26, 2007
Sold by
R C Matney Family Lp
Bought by
Kaplin Ned J and Kaplin Marcia B

Purchase Details

Closed on
Oct 24, 2001
Sold by
The Art Of Better Living Inc
Bought by
R C Matney Family Ltd Partnership

Purchase Details

Closed on
Nov 21, 1998
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
The Art Of Better Living Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.69%
Mortgage Type
Seller Take Back

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
Binzona Holdings Inc $815,000 First American Title Ins Co
Kaplin Ned J $1,025,000 Capital Title Agency Inc
R C Matney Family Ltd Partnership $710,000 First American Title
The Art Of Better Living Inc $590,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Art Of Better Living Inc $472,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2013 05/17/13 Sold $815,000 -8.9% --
04/08/2013 04/08/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $895,000 -- --
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 $10,741 $195,032 -- --
2024 $10,273 $185,745 -- --
2023 $10,273 $304,700 $60,940 $243,760
2022 $9,897 $206,550 $41,310 $165,240
2021 $10,746 $193,700 $38,740 $154,960
2020 $10,555 $195,670 $39,130 $156,540
2019 $10,239 $193,180 $38,630 $154,550
2018 $9,958 $175,120 $35,020 $140,100
2017 $9,590 $178,420 $35,680 $142,740
2016 $9,548 $165,420 $33,080 $132,340
2015 $2,637 $50,216 $50,216 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Karen Baldwin

    Russ Lyon Sotheby's International Realty

  • Kathleen Benoit

    Seller Co-Listing Agent in 2013

    Kathleen Benoit

    Russ Lyon Sotheby's International Realty

    (480) 544-5565

    157 in this area

    179 Total Sales

    Kathleen Benoit
    Section Image
  • Michael Doyle

    Buyer's Agent in 2013

    Michael Doyle

    Russ Lyon Sotheby's International Realty

    (602) 390-0494

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4865598

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-475

Arizona Maricopa County Scottsdale 85262 Desert Mountain

42409 N 108th St Unit 24, Scottsdale, AZ

Homes for Sale in Scottsdale, AZ

This home is located at 42409 N 108th St Unit 24, Scottsdale, AZ 85262 since 21 December 2012 and is currently estimated at $4,956,166. This property was built in 2014. 42409 N 108th St Unit 24 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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