NOT LISTED FOR SALE

8906 E Covey Trail Unit 214 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $2,721,000 - $3,930,922

1.29 Acres
$2,594,365 Price per Acre
56,192 Sq Ft Lot

Last Sold January 30, 2012

Last sale price $75,800 $1 Per Sq Ft

Est. 4,315% increase in value since last sale

Current estimated payment $19,274/month

7 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • City Lights View
  • Black Mountain Elementary School Rated A-

About This Lot

As of January 2012

***ACQUIRED PROPERTY IN DESERT MOUNTAIN*** Mountain, sunset & City Views. Non-membership, hilltop lot, located in Gamble Quail Village Preserve. South facing 1.3 acres with large, elevated building envelope that allows for design flexibility.

Last Agent to Sell the Property

Michael Williamson

Russ Lyon Sotheby's International Realty License #SA548507000 Listed on: 11/23/2011

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Michael Doyle

Russ Lyon Sotheby's International Realty License #SA028821000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,704

Year Built

  • 2017

Lot Details

  • 1.29

Property Views

  • City Lights
  • Mountain

Additional Features

  • 56,400 Sq Ft Home
  • 1.29 Acre Lot

Community Details

Recreation

  • Golf Course Community

Additional Features

  • $2,335 per year Dock Fee
  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$6,704

Year Built

2017

Lot Details

0

Listing Details

  • Tax Municipality: Scottsdale
  • Cross Street: Desert Mountain Parkway & Cave Creek Rd
  • Legal Info Lot Number: 214
  • Legal Info Range: 5E
  • Legal Info Section: 31
  • Legal Info Township: 6N
  • Property Type: C
  • Estimated Deeded Fee Acres: 1.29
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 1.29
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 899.00
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Lot
  • Hundred Block: 37800
  • Land Features: City Light View(s), Gated Community, Golf Course Subd, Guarded Entry, Mountain View(s), North/South Exp
  • Legal Description Abbrev: DESERT MOUNTAIN PHASE 1 UNIT FOUR
  • Parcel Size: 1.00 - 2.49 Acres
  • Price Per Acre: 51085.27
  • Price Per Sq Ft: 1.16
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: RES
  • Map Code Grid: F38
  • Tax Year: 2011
  • Directions: Desert Mountain Entrance is located on Cave Creek Rd. Approx 1 mile East of Pima Road. Guard Gate attendee will give you directions to lot.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2017

Interior Features

  • Estimated Sq Ft: 56400.00

Exterior Features

  • Lot Number: 214

Utilities

  • Water: City Franchise
  • Electric: Aps
  • Gas: Sw Gas

Condo/Co-op/Association

  • Association Info: Owner Association
  • Association Info HOA: Y
  • Annual HOA Fees: 919.00
  • HOA Paid Frequency: Quarterly

Schools

  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Lot Info

  • Lot Size: IRR

Tax Info

  • Taxes: 2335.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2022
Sold by
Koupal Carl and Koupal Pamela S
Bought by
Koupal Carl and Koupal Pamela S
Total Days on Market
7
Current Estimated Value
$3,346,731

Purchase Details

Closed on
Jun 6, 2019
Sold by
Riley Homes 214 Llc
Bought by
Koupal Carl and Koupal Pamela S

Purchase Details

Closed on
Nov 13, 2015
Sold by
Doyle Michael R and Doyle Kara G
Bought by
Riley Homes 214 Llc

Purchase Details

Closed on
Oct 13, 2015
Sold by
Doyle Michael R and Doyle Kara G
Bought by
Doyle Michael R and Doyle Kara G

Purchase Details

Listed on
Nov 23, 2011
Closed on
Dec 8, 2011
Sold by
Bank Of America Na
Bought by
Doyle Michael and Doyle Kara
Seller's Agent
Michael Williamson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michael Doyle
Russ Lyon Sotheby's International Realty
List Price
$65,900
Sold Price
$75,800
Premium/Discount to List
$9,900
15.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.78%

Purchase Details

Closed on
Aug 4, 2011
Sold by
Mattal Michael A and Mattal Bonnie
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 21, 2005
Sold by
Tyson Crews Land Holdings Llc
Bought by
Mattal Michael A and Mattal Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2005
Sold by
Tyson Crews Development Llc
Bought by
Tyson Crews Land Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2004
Sold by
Barton Richard A and Barton Jo Ann
Bought by
Tyson Crews Development Llc

Purchase Details

Closed on
Dec 19, 1996
Sold by
First American Title Insurance Company
Bought by
Dinner Wendy
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 Buyer Sale Price Title Company
Koupal Carl -- Professional Escrow Resources
Koupal Carl $1,625,000 First American Title Ins Co
Riley Homes 214 Llc $200,000 First American Title Ins Co
Doyle Michael R -- None Available
Doyle Michael $75,800 None Available
Bank Of America Na -- Accommodation
Mattal Michael A $425,000 Security Title Agency Inc
Tyson Crews Land Holdings Llc -- Security Title Agency Inc
Tyson Crews Development Llc $245,000 Security Title Agency
Dinner Wendy $300,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riley Homes 214 Llc $1,048,800
Previous Owner Mattal Michael A $340,000
Previous Owner Tyson Crews Land Holdings Llc $996,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2012 01/30/12 Sold $75,800 +15.0% $1 / Sq Ft
11/30/2011 11/30/11 Pending -- -- --
11/23/2011 11/23/11 For Sale $65,900 -- $1 / Sq Ft
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 $6,704 $138,167 -- --
2024 $6,739 $131,587 -- --
2023 $6,739 $212,370 $42,470 $169,900
2022 $6,513 $175,520 $35,100 $140,420
2021 $7,888 $171,770 $34,350 $137,420
2020 $7,748 $184,920 $36,980 $147,940
2019 $7,516 $148,370 $29,670 $118,700
2018 $1,015 $19,455 $19,455 $0
2017 $978 $20,850 $20,850 $0
2016 $973 $17,910 $17,910 $0
2015 $982 $17,680 $17,680 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4680618

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-899