NOT LISTED FOR SALE

42619 N 98th Place Unit 307 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $4,492,000 - $6,485,151

1.97 Acres
$2,808,486 Price per Acre
85,813 Sq Ft Lot

Last Sold February 26, 2015

Last sale price $1,050,000

Est. 427% increase in value since last sale

Current estimated payment $30,983/month

21 Days on Market

About This Lot

As of February 2015

Fabulous panoramic view lot in Desert Mountain's estate neighborhood. Largest Building Envelope available in Saguaro Forest(29,938 sf). Gently sloping 2 AC terrain provides a rare opportunity to build a large custom home on ONE level. Multiple acreage of open space is adjacent, providing privacy and beautiful, natural desert scape. Two developed plans are available from the owner at no additional cost: One by Master of the Southwest architect, Urban Design/ Lee Hutchison, and another by Architector, Tor Barstad. Membership available from the Desert Mountain Club.

Last Agent to Sell the Property

Kathleen Benoit

Russ Lyon Sotheby's International Realty License #BR573606000 Listed on: 01/01/2015

Russ Lyon Sotheby's International Realty

Co-Listed By

Karen Baldwin

Compass License #SA104221000

Last Buyer's Agent

Jeffrey Sibbach

eXp Realty License #SA536153000

eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,096

Lot Details

  • 1.97 Acre Lot
  • Property is zoned R-10

Community Details

  • Property has a Home Owners Association
  • Desert Mountain Subdivision

Listing and Financial Details

  • Tax Lot 307
  • Assessor Parcel Number 219-64-122

Property Details

Property Type

Land

Est. Annual Taxes

$2,096

Lot Details

0

Listing Details

  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R-10
  • Tax Year: 2014
  • Lot Size Acres: 1.97
  • Co List Office Mls Id: praz17
  • Co List Office Phone: 480-575-6575
  • Subdivision Name: Desert Mountain
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Seller Prop Disc Stm, Boundary Survey Avlb, Other (See Rmks)

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 85721.0
  • Additional Parcels: No
  • Parcel #: 219-64-122
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2096.0
  • Tax Book Number: 219.00
  • Tax Lot: 307
  • Tax Map Number: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2015
Closed on
Feb 20, 2015
Sold by
Bristol James A and Bristol Suzanne P
Bought by
Higbee Melinda Giles and Higbee David Scott
Seller's Agent
Kathleen Benoit
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jeffrey Sibbach
eXp Realty
List Price
$1,095,000
Sold Price
$1,050,000
Premium/Discount to List
-$45,000
-4.11%
Current Estimated Value
$5,532,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,482,717
Avg. Annual Appreciation
16.92%

Purchase Details

Closed on
Feb 12, 2004
Sold by
Desert Mountain Properties Lp
Bought by
Bristol James A and Bristol Suzanne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
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
Higbee Melinda Giles $1,050,000 Fidelity Natl Title Agency
Bristol James A $1,350,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bristol James A $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2015 02/26/15 Sold $1,050,000 -4.1% --
01/22/2015 01/22/15 Pending -- -- --
01/01/2015 01/01/15 For Sale $1,095,000 -- --
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 $19,803 $359,572 -- --
2024 $18,940 $342,450 -- --
2023 $18,940 $595,130 $119,020 $476,110
2022 $18,246 $463,600 $92,720 $370,880
2021 $10,067 $221,060 $44,210 $176,850
2020 $2,433 $86,820 $86,820 $0
2019 $2,360 $83,625 $83,625 $0
2018 $2,295 $66,945 $66,945 $0
2017 $2,210 $60,915 $60,915 $0
2016 $2,200 $43,200 $43,200 $0
2015 $2,220 $39,120 $39,120 $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
  • Jeffrey Sibbach

    Buyer's Agent in 2015

    Jeffrey Sibbach

    eXp Realty

    (602) 329-9732

    744 Total Sales

    Jeffrey Sibbach
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5215398

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-64-122

Arizona Maricopa County Scottsdale 85262 Desert Mountain

42619 N 98th Place Unit 307, Scottsdale, AZ

This home is located at 42619 N 98th Place Unit 307, Scottsdale, AZ 85262 since 01 January 2015 and is currently estimated at $5,532,717. 42619 N 98th Place Unit 307 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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