$530,000
SOLD FEB 10, 2017

42870 N 111th Place Unit 95 Scottsdale, AZ 85262

Desert Mountain Neighborhood
1.31 Acres
$404,580 Price per Acre
57,064 Sq Ft Lot

Recently Sold

24% Below List Price

101 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Corner Lot
  • Black Mountain Elementary School Rated A-
  • City Lights View
  • Cul-De-Sac

About This Lot

As of November 2020

At 3700 feet, this 1.3 acre home site with additional privacy from attached NAOS space is one of the highest in the greater Phoenix area. In the exclusive Desert Mountain Village of Apache Peak Reserve, this home site has stunning views of Pinnacle Peak, Camelback Mountain, Four Peaks in the Mazatzal Wilderness, Weaver's Needle, the Superstition Mountains, Mount Ord, Red Mountain, South Mountain, the Sierra Estrellas, and the Apache Golf Course. Abundant city lights, Fountain Hills with its routine and lofty spray, Scottsdale, Phoenix are included in the extraordinary arc of views. Nearby gorgeous rock formations and Tonto National Forest complete the setting. A 22,207 SF building envelope has allowed an architect to develop both a single level contemporary and a multi-level Tuscan. The recently completed hiking Trails, with over 15 miles of on-property trails and a social function and horseback riding complex, is ranked as one of the best in Arizona. Equity Gold Membership to acclaimed Desert Mountain Club, home of the Charles Schwab Cup, 6 Nicklaus golf courses and clubhouses, 5 top restaurants, and newly completed Sonoran fitness, swimming and tennis center is available through the Desert Mountain Club.

Last Agent to Sell the Property

Daniel Wolski

Russ Lyon Sotheby's International Realty License #SA555961000 Listed on: 10/04/2016

Russ Lyon Sotheby's International Realty

Co-Listed By

Troy Gillenwater

Russ Lyon Sotheby's International Realty License #SA020615000

Last Buyer's Agent

Jack Pierce

Exclusive Properties of Arizona License #SA554357000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,418

Lot Details

  • 1.31 Acre Lot
  • Cul-De-Sac
  • Corner Lot

HOA Fees

  • $228 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Additional Features

  • North or South Exposure
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 95
  • Assessor Parcel Number 219-47-351

Community Details

Overview

  • Desert Mt 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

$2,418

Lot Details

0

HOA Fees

$228 per month

Listing Details

  • Cross Street: Pima Rd and Cave Creek Rd
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R
  • Tax Year: 2016
  • Directions: From the intersection of Pima Rd and Cave Creek Rd, Right (East) on Cave Creek Rd, Left (North) on Desert Mountain Parkway. Guard Gate will provide directions to the property.
  • Horses: No
  • Lot Size Acres: 1.31
  • 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: Cul-De-Sac, Golf Course Subd, Corner Lot, City Light View(s), Mountain View(s), Gated Community, Guarded Entry, 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: 1366.74
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-635-5600
  • HOA Transfer Fee: 780.0
  • Association Fee: 1366.74
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert MT HOA
  • Phone: 480-635-5600
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 56933.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-47-351
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2418.14
  • Tax Book Number: 219.00
  • Tax Lot: 95
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Brown Justin and Brown Danielle
Bought by
Michael William Volk Trust
Total Days on Market
101
Current Estimated Value
$1,405,950

Purchase Details

Listed on
Jun 8, 2019
Closed on
Oct 12, 2020
Sold by
Macor Judson T and Macor Diane C
Bought by
Brown Justin and Brown Danielle
Seller's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
Buyer's Agent
Robert Lomax
Mirabel Properties
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.92%

Purchase Details

Listed on
Oct 4, 2016
Closed on
Feb 3, 2017
Sold by
Pitts Pitts J and Pitts Renee L
Bought by
Macor Judson T and Macor Diane C
Seller's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jack Pierce
Exclusive Properties of Arizona
List Price
$695,000
Sold Price
$530,000
Premium/Discount to List
-$165,000
-23.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%

Purchase Details

Closed on
Dec 15, 2009
Sold by
Pitts J Douglas and Pitts Renee L
Bought by
Pitts J Douglas and Pitts Renee L

Purchase Details

Closed on
Apr 24, 2006
Sold by
Heimerl Gary L and Mccracken Barbara L
Bought by
Pitts J Douglas and Pitts Renee L

Purchase Details

Closed on
Dec 17, 2003
Sold by
Desert Mountain Properties Lp
Bought by
Heimeri Gary L and Mccracken Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $1,400,000 First American Title Insurance
Warranty Deed $750,000 First American Title Ins Co
Cash Sale Deed $530,000 First American Title Ins Co
Interfamily Deed Transfer -- Accommodation
Cash Sale Deed $950,000 Capital Title Agency Inc
Special Warranty Deed $637,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,000 Unknown
Previous Owner $510,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $750,000 -6.1% --
06/08/2020 06/08/20 For Sale $799,000 +6.5% --
06/08/2020 06/08/20 Off Market $750,000 -- --
01/03/2020 01/03/20 Price Changed $799,000 -18.1% --
06/07/2019 06/07/19 For Sale $975,000 +84.0% --
02/10/2017 02/10/17 Sold $530,000 -23.7% --
01/12/2017 01/12/17 Pending -- -- --
10/03/2016 10/03/16 For Sale $695,000 -- --
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 $2,720 $49,396 $49,396 --
2024 $2,602 $47,044 $47,044 --
2023 $2,602 $106,785 $106,785 $0
2022 $2,507 $63,930 $63,930 $0
2021 $2,722 $65,430 $65,430 $0
2020 $2,673 $62,835 $62,835 $0
2019 $2,593 $52,455 $52,455 $0
2018 $2,522 $45,855 $45,855 $0
2017 $2,429 $50,370 $50,370 $0
2016 $2,418 $51,435 $51,435 $0
2015 $2,439 $45,552 $45,552 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5506117

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-351