$232,000
SOLD MAR 23, 2021

9420 E Covey Trail Unit 240 Scottsdale, AZ 85262

Desert Mountain Neighborhood
0.93 Acre
$249,462 Price per Acre
40,511 Sq Ft Lot

Recently Sold

22% Below List Price

1,567 Days on Market

Highlights

  • Gated Community
  • Black Mountain Elementary School Rated A-
  • Mountain View

About This Lot

As of May 2024

Wonderful homesite at Desert Mountain located in the village of Gambel Quail Preserve. The site offers great views of Lone Mountain, Black Mountain, and sunsets. The generous building envelope is approximately 20,040 sq ft. Please see document section for topo map of homesite, seller disclosure (SPDS)and related documents regarding the property.

Last Agent to Sell the Property

Keith Marshall

Russ Lyon Sotheby's International Realty License #SA507375000 Listed on: 11/21/2016

Russ Lyon Sotheby's International Realty

Co-Listed By

Kirk Marshall

Russ Lyon Sotheby's International Realty License #SA530964000

Last Buyer's Agent

Bob Martz

Compass License #SA642574000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $872

Lot Details

  • 0.93 Acre Lot
  • Property is zoned R1-35

HOA Fees

  • $270 Monthly HOA Fees

Schools

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

Additional Features

  • Mountain Views
  • North or South Exposure

Listing and Financial Details

  • Tax Lot 240
  • Assessor Parcel Number 219-56-925

Community Details

Overview

  • Desert Mountain Phase 1 Unit Four Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$872

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Cross Street: Pima and Cave Creek
  • Legal Info Range: 5E
  • Property Type: Land
  • Topography: Existing Wash(s), Level
  • Zoning: R1-35
  • Tax Year: 2018
  • Directions: Head East on Cave Creek for Approximately one mile to the Desert Mountain entrance on the North side of Rd.
  • Horses: No
  • Lot Size Acres: 0.93
  • Road Surface Type: Asphalt, Dedicated Street, Private Street
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • 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: Mountain View(s), Gated Community, 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: 1619.0
  • HOA Paid Frequency: Semi-Annually
  • Association Fee: 1619.0
  • Association Fee Frequency: Semi-Annually
  • Association: No

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: 0
  • Lot Size Sq Ft: 40680.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-56-925
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 872.0
  • Tax Book Number: 219.00
  • Tax Lot: 240
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
May 24, 2024
Sold by
Gubb Martin R
Bought by
Tehranchi Babak and Baniriah Katayoun
Seller's Agent
Kellan Brady
Gentry Real Estate
Buyer's Agent
Scott Biller
HomeSmart
List Price
$620,000
Sold Price
$590,000
Premium/Discount to List
-$30,000
-4.84%
Views
6
Current Estimated Value
$494,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,195
Avg. Annual Appreciation
-10.12%

Purchase Details

Listed on
Nov 21, 2016
Closed on
Feb 25, 2021
Sold by
Gubb Kyong Cha and Gubb Martin R
Bought by
Gubb Martin R
Seller's Agent
Keith Marshall
Russ Lyon Sotheby's International Realty
Buyer's Agent
Bob Martz
Compass
List Price
$299,000
Sold Price
$232,000
Premium/Discount to List
-$67,000
-22.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.24%

Purchase Details

Closed on
Aug 3, 2010
Sold by
Clayton Royce S and Clayton Samantha D
Bought by
Db 2010 Llc

Purchase Details

Closed on
Mar 24, 2006
Sold by
Clayton Royce S
Bought by
Clayton Royce S and Clayton Samantha D

Purchase Details

Closed on
Sep 18, 1997
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Clayton Royce S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.54%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed $590,000 Clear Title Agency Of Arizona
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $232,000 First American Title Ins Co
Cash Sale Deed $80,000 First American Title Ins Co
Interfamily Deed Transfer -- None Available
Warranty Deed $250,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $590,000 -4.8% --
05/13/2024 05/13/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $620,000 +167.2% --
03/23/2021 03/23/21 Sold $232,000 -7.2% --
02/24/2021 02/24/21 Pending -- -- --
12/02/2020 12/02/20 Price Changed $249,900 -16.4% --
11/10/2016 11/10/16 For Sale $299,000 -- --
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 $941 $17,087 $17,087 --
2024 $900 $16,273 $16,273 --
2023 $900 $35,445 $35,445 $0
2022 $867 $21,150 $21,150 $0
2021 $941 $22,185 $22,185 $0
2020 $925 $19,740 $19,740 $0
2019 $897 $17,730 $17,730 $0
2018 $872 $16,395 $16,395 $0
2017 $840 $17,670 $17,670 $0
2016 $836 $15,165 $15,165 $0
2015 $844 $14,288 $14,288 $0
Source: Public Records

Agents Affiliated with this Home

  • Kellan Brady

    Seller's Agent in 2024

    Kellan Brady

    Gentry Real Estate

    (480) 209-0774

    1 in this area

    16 Total Sales

    Kellan Brady
    Section Image
  • Scott Biller

    Buyer's Agent in 2024

    Scott Biller

    HomeSmart

    (602) 684-4066

    15 in this area

    30 Total Sales

    Scott Biller
    Section Image
  • Keith Marshall

    Seller's Agent in 2021

    Keith Marshall

    Russ Lyon Sotheby's International Realty

    (480) 488-2998

    87 in this area

    107 Total Sales

    Keith Marshall
    Section Image
  • Kirk Marshall

    Seller Co-Listing Agent in 2021

    Kirk Marshall

    Russ Lyon Sotheby's International Realty

    (602) 882-2112

    89 in this area

    109 Total Sales

    Kirk Marshall
    Section Image
  • Bob Martz

    Buyer's Agent in 2021

    Bob Martz

    Compass

    (602) 620-2164

    5 in this area

    77 Total Sales

    Bob Martz
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5528028

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-925

Arizona Maricopa County Scottsdale 85262 Desert Mountain

9420 E Covey Trail Unit 240, Scottsdale, AZ

This home is located at 9420 E Covey Trail Unit 240, Scottsdale, AZ 85262 and is currently priced at $232,000. 9420 E Covey Trail Unit 240 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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