NOT LISTED FOR SALE

Estimated Value: $3,762,000 - $4,374,000

2.21 Acres
$1,819,623 Price per Acre
96,268 Sq Ft Lot

Last Sold February 17, 2016

Last sale price $275,000

Est. 1,362% increase in value since last sale

Current estimated payment $23,568/month

839 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Mountain View
  • Black Mountain Elementary School Rated A-
  • 2.21 Acre Lot
  • Property is near a preserve or public land

About This Lot

As of February 2016

Incredibly private non-membership homesite in Desert Mountain’s Village of Lone Mountain. Dramatic Apache Peak and the Continental Mountain views, and tantalizing peeks at the golf course. 2.2-acre homesite abuts a vast open space area that preserves sunset views. Large envelope of 28,760 square feet allows for design flexibility. Golf or Lifestyle Memberships are available through the Desert Mountain Club.

Last Agent to Sell the Property

Daniel Wolski

Russ Lyon Sotheby's International Realty License #SA555961000 Listed on: 02/17/2014

Russ Lyon Sotheby's International Realty

Co-Listed By

Troy Gillenwater

Russ Lyon Sotheby's International Realty License #SA020615000

Last Buyer's Agent

Scott Biller

HomeSmart License #SA104983000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,359

Year Built

  • 2018

Lot Details

  • 2.21 Acre Lot
  • Steep Slope

HOA Fees

  • $170 Monthly HOA Fees

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Additional Features

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

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 219-59-129

Community Details

Overview

  • Desert Mountain HOA, Phone Number (480) 595-4220
  • Desert Mountain Lone Mountain Subdivision
  • Property is near a preserve or public land

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,359

Year Built

2018

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Cross Street: Cave Creek Road & Desert Mountain Parkway
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Topography: Steep Sloping
  • Zoning: residential
  • Tax Year: 2012
  • Directions: East on Cave Creek Road off Pima Road approximately 1 mile to Desert Mountain Parkway, North to Guard House.
  • Horses: No
  • Lot Size Acres: 2.21
  • Road Surface Type: Asphalt, Private Street, Curb(s) & Gutter(s)
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: Desert Mountain-Lone Mountain
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Interior Features

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

Exterior Features

  • Lot Features: Golf Course Subd, Mountain View(s), Gated Community, Guarded Entry, North/South Exp, Adjacent to Wash, Borders Pres/Pub Lnd
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS, Underground
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1020.54
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 700.0
  • Association Fee: 1020.54
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain HOA
  • 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: 96202.0
  • Additional Parcels: No
  • Parcel #: 219-59-129
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1359.34
  • Tax Book Number: 219.00
  • Tax Lot: 89
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2016
Sold by
Aronson Debra S
Bought by
Aronson Daniel J and Aronson Debra S
Total Days on Market
839
Current Estimated Value
$4,021,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$922,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 17, 2014
Closed on
Jan 29, 2016
Sold by
Aronson Daniel J
Bought by
Aronson Debra S
Seller's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
Buyer's Agent
Scott Biller
HomeSmart
List Price
$395,000
Sold Price
$275,000
Premium/Discount to List
-$120,000
-30.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.28%

Purchase Details

Closed on
Mar 17, 2011
Sold by
National Bank Of Arizona
Bought by
Dm Ms 73 Limited Partnership

Purchase Details

Closed on
Jun 10, 2009
Sold by
Elmo David A
Bought by
National Bank Of Arizona

Purchase Details

Closed on
Dec 5, 2005
Sold by
Empyrean Partners Ii Llc
Bought by
Elmo David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2004
Sold by
Desert Mountain Properties Lp
Bought by
Elmo David A

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
5.77%
Mortgage Type
New Conventional
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
Aronson Daniel J -- First Arizona Title Agency
Aronson Debra S -- First American Title Ins Co
Aronson Debra S $275,000 First American Title Ins Co
Dm Ms 73 Limited Partnership $120,000 Magnus Title Agency
National Bank Of Arizona $172,000 First American Title
Elmo David A -- Security Title Agency Inc
Elmo David A $425,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aronson Daniel J $925,500
Closed Aronson Daniel J $922,000
Previous Owner Elmo David A $486,500
Previous Owner Elmo David A $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2016 02/17/16 Sold $275,000 -30.4% --
01/28/2016 01/28/16 Pending -- -- --
10/11/2013 10/11/13 For Sale $395,000 -- --
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 $9,900 $179,755 -- --
2024 $9,468 $171,195 -- --
2023 $9,468 $304,560 $60,910 $243,650
2022 $9,121 $216,930 $43,380 $173,550
2021 $9,904 $210,730 $42,140 $168,590
2020 $9,728 $199,810 $39,960 $159,850
2019 $9,437 $186,300 $37,260 $149,040
2018 $1,924 $43,335 $43,335 $0
2017 $1,853 $36,780 $36,780 $0
2016 $1,844 $37,860 $37,860 $0
2015 $1,860 $42,192 $42,192 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5013894

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-59-129