NOT LISTED FOR SALE

43252 N Chiricahua #347 Pass Unit 347 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $1,054,000 - $1,402,000

17.27 Acres
$71,106 Price per Acre
752,281 Sq Ft Lot

Last Sold April 15, 2013

Last sale price $435,000

Est. 182% increase in value since last sale

Current estimated payment $7,061/month

791 Days on Market

Highlights

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

About This Lot

As of April 2013

A REAL BANK OWNED BARGAIN!!! THIS AWESOME HOMESITE IS ALMOST 18 ACRES AND YOU WILL BE ON TOP OF THE WORLD!!! ONE OF THE HIGHEST POINTS IN DESERT MOUNTAIN THIS WONDERFUL LOT HAS STAGGERING VIEWS INTO THE VALLEY AND IS THE EPITOMY OF HIGH SONORAN DESERT VEGETATION. BUILD THAT DREAM AMONG MULTI-MILLION DOLLAR ESTATES!! DISCOVER WHAT REAL LIVING IS ALL ABOUT!! THIS PRICE NOW INCLUDES FULL MEMBERSHIP TO THE GOLF CLUB AND SWIM&FITNESS CENTER! THIS HOMESITE IS THE BEST BUY IN DESERT MOUNTAIN!!!!!

Last Agent to Sell the Property

Eugene Palmer

HomeSmart License #SA037300000 Listed on: 01/07/2013

Last Buyer's Agent

Julie Kilbane

AZ Brokerage Holdings, LLC License #SA106961000

Property Details

Property Type

  • Land

Lot Details

  • 17.27 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $258 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 347
  • Assessor Parcel Number 219-64-177

Community Details

Overview

  • Desert Mountain Association, Phone Number (480) 595-4220
  • Desert Mountain Phase 3 Unit 42, Lot#347 Subdivision
  • Property is near a preserve or public land

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Cross Street: PIMA RD. AND CAVE CREEK RD. GO EAST APPROX. 1 MI.
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Raw Land, Subdivision Plat Apv, Off Site Imp Complte, On Site Imp Needed, Prelim Eng Needed
  • Topography: Mountainous, Hillside
  • Zoning: RES
  • Tax Year: 2010
  • Directions: TO DESERT MOUNTAIN PKWY. ON THE LEFT. GUARD WILL GIVE DIRECTIONS TO CINTAROSA AND THE HOMESITE.
  • Horses: No
  • Lot Size Acres: 17.27
  • Road Surface Type: Asphalt
  • Subdivision Name: DESERT MOUNTAIN PHASE 3 UNIT 42, LOT#347
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: Cul-De-Sac, Golf Course Subd, City Light View(s), Mountain View(s), Gated Community, Guarded Entry, North/South Exp, Borders Pres/Pub Lnd
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1549.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 250.0
  • Association Fee: 1549.0
  • 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

Lot Info

  • Lot Size: IRREGULAR
  • Lot Size Sq Ft: 752320.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-64-177
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11571.0
  • Tax Book Number: 219.00
  • Tax Lot: 347
  • Tax Map Number: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2013
Closed on
Apr 1, 2013
Sold by
Bmo Harris Bank
Bought by
Tier One Capital Ltd
Seller's Agent
Eugene Palmer
HomeSmart
Buyer's Agent
Julie Kilbane
AZ Brokerage Holdings, LLC
List Price
$499,000
Sold Price
$435,000
Premium/Discount to List
-$64,000
-12.83%
Current Estimated Value
$1,228,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$793,000
Avg. Annual Appreciation
8.66%

Purchase Details

Closed on
Nov 18, 2010
Sold by
Chen Christopher David and Chien Jennifer
Bought by
M & I Marshall & Ilsley Bank

Purchase Details

Closed on
Mar 22, 2007
Sold by
Tonto Ranch 347 Llc
Bought by
Chen Christopher David and Chien Jennifer

Purchase Details

Closed on
Jun 3, 2005
Sold by
Desert Partnership
Bought by
Tonto Ranch 347 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.72%
Mortgage Type
New Conventional
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
Tier One Capital Ltd $435,000 Security Title Agency
M & I Marshall & Ilsley Bank $493,602 None Available
Chen Christopher David -- Westminster Title Agency Inc
Tonto Ranch 347 Llc $1,050,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tonto Ranch 347 Llc $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2013 04/15/13 Sold $435,000 -12.8% --
03/20/2013 03/20/13 Pending -- -- --
01/19/2011 01/19/11 For Sale $499,000 -- --
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 $3,509 $63,710 $63,710 --
2024 $3,356 $60,676 $60,676 --
2023 $3,356 $106,275 $106,275 $0
2022 $3,233 $55,035 $55,035 $0
2021 $4,649 $69,420 $69,420 $0
2020 $5,429 $78,600 $78,600 $0
2019 $5,643 $80,205 $80,205 $0
2018 $5,970 $90,420 $90,420 $0
2017 $5,749 $159,180 $159,180 $0
2016 $5,724 $183,960 $183,960 $0
2015 $5,774 $161,856 $161,856 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4523679

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-64-177