NOT LISTED FOR SALE

42667 N 98th Place Unit 308 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $4,485,000 - $7,411,466

3.91 Acres
$1,461,932 Price per Acre
170,320 Sq Ft Lot

Last Sold July 13, 2017

Last sale price $1,000,000

Est. 472% increase in value since last sale

Current estimated payment $31,668/month

124 Days on Market

Highlights

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

About This Lot

As of July 2017

Almost 4 acres with pristine vegetation, views in every direction and a natural plateau making an ideal building site for this pristine property. See the documents tab for the topo map. Corners and building envelope flagged with orange tape. Envelope is 20,952 sq ft. Membership is not included but two types are now available.One of the all time best lots in Desert Mountain!

Last Agent to Sell the Property

Michael Doyle

Russ Lyon Sotheby's International Realty License #SA028821000 Listed on: 01/15/2017

Russ Lyon Sotheby's International Realty

Co-Listed By

Kathy Reed

Russ Lyon Sotheby's International Realty License #SA555323000

Last Buyer's Agent

Don Matheson

RE/MAX Fine Properties License #SA112157000

RE/MAX Fine Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,239

Lot Details

  • 3.91

HOA Fees

  • $284 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

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

Additional Features

  • North or South Exposure
  • 3.91 Acre Lot
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 308
  • Assessor Parcel Number 219-64-123

Community Details

Overview

  • Dm HOA, Phone Number (480) 635-5600
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$3,239

Lot Details

0

HOA Fees

$284 per month

Listing Details

  • Cross Street: Pima and Cave Creek Rd
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: res
  • Tax Year: 2016
  • Directions: Entrance to Desert Mountain is one mile east of Pima Rd on the north side of Cave Creek Rd
  • Lot Size Acres: 3.91
  • 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

Interior Features

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

Exterior Features

  • Lot Features: Golf Course Subd, City Light View(s), Mountain View(s), Gated Community, Guarded Entry, North/South Exp, Adjacent to Wash
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1701.48
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-635-5600
  • HOA Transfer Fee: 800.0
  • Association Fee: 1701.48
  • Association Fee Frequency: Semi-Annually
  • Association Name: DM HOA
  • Phone: 480-635-5600
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Cactus Shadows High School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 170695.0
  • Additional Parcels: No
  • Parcel #: 219-64-123
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3239.0
  • Tax Book Number: 219.00
  • Tax Lot: 308
  • Tax Map Number: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2017
Closed on
Jul 3, 2017
Sold by
Sprott Eric S and Sprott Vizma
Bought by
Lewis Sara Grootwassink and Lewis Thomas Arthur
Seller's Agent
Michael Doyle
Russ Lyon Sotheby's International Realty
Buyer's Agent
Don Matheson
RE/MAX Fine Properties
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
Current Estimated Value
$5,716,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,716,155
Avg. Annual Appreciation
23.53%

Purchase Details

Closed on
Mar 3, 2004
Sold by
Desert Mountain Properties Lp
Bought by
Sprott Eric S and Sprott Vizma
Source: Public Records

Range of Values:

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Average Value
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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
Lewis Sara Grootwassink $1,000,000 Fidelity National Title Agen
Sprott Eric S $1,400,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2017 07/13/17 Sold $1,000,000 -4.8% --
01/15/2017 01/15/17 For Sale $1,050,000 -- --
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 $12,931 $234,794 -- --
2024 $12,368 $223,613 -- --
2023 $12,368 $368,970 $73,790 $295,180
2022 $11,914 $287,060 $57,410 $229,650
2021 $12,936 $277,100 $55,420 $221,680
2020 $12,707 $262,810 $52,560 $210,250
2019 $7,100 $140,160 $28,030 $112,130
2018 $3,378 $99,330 $99,330 $0
2017 $3,253 $94,350 $94,350 $0
2016 $3,239 $68,610 $68,610 $0
2015 $3,267 $61,376 $61,376 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michael Doyle

    Russ Lyon Sotheby's International Realty

    Section Image
  • Kathy Reed

    Seller Co-Listing Agent in 2017

    Kathy Reed

    Russ Lyon Sotheby's International Realty

    (480) 262-1284

    78 in this area

    90 Total Sales

    Kathy Reed
    Section Image
  • Don Matheson

    Buyer's Agent in 2017

    Don Matheson

    RE/MAX

    (602) 694-3200

    3 in this area

    292 Total Sales

    Don Matheson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5547186

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-64-123

Arizona Maricopa County Scottsdale 85262 Desert Mountain

42667 N 98th Place Unit 308, Scottsdale, AZ

This home is located at 42667 N 98th Place Unit 308, Scottsdale, AZ 85262 since 15 January 2017 and is currently estimated at $5,716,155. 42667 N 98th Place Unit 308 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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