NOT LISTED FOR SALE

9248 E Covey Trail Unit 235 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $508,000 - $566,000

0.95 Acre
$574,288 Price per Acre
41,382 Sq Ft Lot

Last Sold May 31, 2024

Last sale price $560,000

Est. 3% decrease in value since last sale

Current estimated payment $3,419/month

185 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Property is near a golf course
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • East or West Exposure

About This Lot

As of May 2024

Large lot between Seven and Renegade courses with stunning views of saguaro in the village of Gambrel Quail at Desert Mountain. Membership not included; information regarding membership available through the club.Minimum build size 2500 square feet.

Last Agent to Sell the Property

Peggy Altamura

Realty Executives License #SA115030000 Listed on: 11/10/2023

Realty Executives

Last Buyer's Agent

Lidia Tohatan

Realty Executives License #SA639259000

Realty Executives

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $901

Lot Details

  • 0.95 Acre Lot
  • East or West Exposure

HOA Fees

  • $301 Monthly HOA Fees

Schools

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

Additional Features

  • Mountain Views
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 235
  • Assessor Parcel Number 219-56-920

Community Details

Overview

  • Desert Mountain Association
  • Desert Mountain Phase 1 Unit Four Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$901

Lot Details

0

HOA Fees

$301 per month

Listing Details

  • Cross Street: Pima and Cave Creek
  • Legal Info Range: 5E
  • Property Type: Land
  • Topography: {"Existing Wash(s)":true}
  • Zoning: RES
  • Tax Year: 2023
  • Directions: Pima north to Cave Creek Rd, Right to Desert Mountain entrance. Guard at gate will provide direction to lot 235, Gambrel Quail Preserve.
  • Lot Size Acres: 0.95
  • Road Surface Type: Asphalt, Private Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: DESERT MOUNTAIN PHASE 1 UNIT FOUR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: None
  • Lot Features: East/West Exposure, Golf Course Subd, Mountain View(s), Gated Community, Guarded Entry, Adjacent to Wash, Border Common Area
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1808.46
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 0
  • Association Fee: 1808.46
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain
  • Phone: 0
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 41587.0
  • Additional Parcels: No
  • Parcel #: 219-56-920
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 901.0
  • Tax Book Number: 219.00
  • Tax Lot: 235
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
May 31, 2024
Sold by
Altamura Peggy
Bought by
Jd Home Builders Llc
Seller's Agent
Peggy Altamura
Realty Executives
Buyer's Agent
Lidia Tohatan
Realty Executives
List Price
$635,000
Sold Price
$560,000
Premium/Discount to List
-$75,000
-11.81%
Views
38
Current Estimated Value
$545,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,426
Avg. Annual Appreciation
-2.45%

Purchase Details

Closed on
Feb 17, 2021
Sold by
Altamura Peggy Ann
Bought by
Altamura Peggy Ann and Mcgerty Stephanie Ann

Purchase Details

Listed on
Aug 30, 2019
Closed on
Jul 15, 2020
Sold by
Smores 1 Llc
Bought by
Altamura Peggy
Seller's Agent
Brandon Wait
HomeSmart
Buyer's Agent
Brandon Wait
HomeSmart
List Price
$119,000
Sold Price
$94,000
Premium/Discount to List
-$25,000
-21.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.86%
Original Mortgage
$74,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2018
Closed on
Jul 1, 2019
Sold by
Innovest Llc
Bought by
Smores 1 Llc
Seller's Agent
Dana Bloom
Engel & Voelkers Scottsdale
Buyer's Agent
Dana Bloom
Engel & Voelkers Scottsdale
List Price
$119,000
Sold Price
$70,000
Premium/Discount to List
-$49,000
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.51%

Purchase Details

Closed on
Feb 3, 2003
Sold by
Gooden William M
Bought by
Innovest Llc

Purchase Details

Closed on
Feb 1, 2000
Sold by
Gooden William M and Gooden Janet K
Bought by
Gooden Janet K and Janet K Gooden Living Trust

Purchase Details

Closed on
May 2, 1997
Sold by
First American Title Insurance Company
Bought by
Gooden William M and Gooden Janet K
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
Jd Home Builders Llc $560,000 First American Title Insurance
Altamura Peggy Ann -- None Listed On Document
Altamura Peggy $94,000 Old Republic Title Agency
Smores 1 Llc $70,000 Empire West Title Agency Llc
Innovest Llc -- Capital Title Agency Inc
Gooden Janet K -- --
Gooden William M -- --
Gooden William M $237,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Altamura Peggy $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $560,000 -11.8% --
05/15/2024 05/15/24 Price Changed $635,000 0.0% --
05/15/2024 05/15/24 For Sale $635,000 0.0% --
05/14/2024 05/14/24 Pending -- -- --
11/10/2023 11/10/23 For Sale $635,000 +575.5% --
07/16/2020 07/16/20 Sold $94,000 0.0% --
06/18/2020 06/18/20 Pending -- -- --
01/02/2020 01/02/20 Price Changed $94,000 -21.0% --
08/29/2019 08/29/19 For Sale $119,000 +70.0% --
07/08/2019 07/08/19 Sold $70,000 -6.7% --
06/26/2019 06/26/19 Pending -- -- --
06/15/2019 06/15/19 Price Changed $75,000 -15.7% --
05/15/2019 05/15/19 Price Changed $89,000 -10.1% --
04/18/2019 04/18/19 Price Changed $99,000 -9.2% --
04/16/2019 04/16/19 Price Changed $109,000 -8.4% --
09/06/2018 09/06/18 For Sale $119,000 -- --
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 $942 $17,112 $17,112 --
2024 $901 $16,297 $16,297 --
2023 $901 $35,865 $35,865 $0
2022 $868 $21,420 $21,420 $0
2021 $943 $22,470 $22,470 $0
2020 $926 $19,995 $19,995 $0
2019 $898 $17,805 $17,805 $0
2018 $874 $16,515 $16,515 $0
2017 $841 $17,670 $17,670 $0
2016 $838 $15,120 $15,120 $0
2015 $845 $14,496 $14,496 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6629160

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-920