NOT LISTED FOR SALE

9531 E Madera Dr Unit 86 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $4,930,114 - $5,421,000

1.29 Acres
$3,955,843 Price per Acre
56,192 Sq Ft Lot

Last Sold May 14, 2018

Last sale price $185,000

Est. 2,658% increase in value since last sale

Current estimated payment $28,902/month

873 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Corner Lot
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • Property is near a golf course

About This Lot

As of May 2018

ANOTHER HUGE PRICE REDUCTION, NOW BELOW FCP LEVEL PRICING. Best value lot in Lone Mountain II, an elevated home-site with north south orientation. A large building envelope of just under 22,000 SF is appropriately located within the gently sloping 1.29 acres providing unobstructed mountain vistas and fabulous sunsets. Easy access to Sonoran Clubhouse including Fitness Center, Tennis & Spa, Community Pools & Cafe Verde. An equity golf or lifestyle memberships are available from the Desert Mountain Club.

Last Agent to Sell the Property

George Filippi

RE/MAX Fine Properties License #SA503647000 Listed on: 11/21/2015

Last Buyer's Agent

David Reese

Exclusive Properties of Arizona License #SA109015000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,402

Lot Details

  • 1.29 Acre Lot
  • Corner Lot

HOA Fees

  • $308 Monthly HOA Fees

Schools

  • Black Mountain Elementary School
  • Mountain Trail Middle 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 86
  • Assessor Parcel Number 219-59-119

Community Details

Overview

  • Desert Mtn Assoc Association, Phone Number (480) 595-4220
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,402

Lot Details

0

HOA Fees

$308 per month

Listing Details

  • Cross Street: Pima and Cave Creek Roads
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Topography: {"Gentle Sloping":true}
  • Zoning: Residential
  • Tax Year: 2017
  • Directions: Pima and Cave Creek Roads East 1 mile to Desert Mountain entrance ask at guard gate for map and directions to Lone Mountain II, lot #86.
  • Horses: No
  • Lot Size Acres: 1.29
  • Road Surface Type: Asphalt
  • Subdivision Name: Desert Mountain
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

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

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1849.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 382.0
  • Association Fee: 1849.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mtn Assoc
  • 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
  • Middle Or Junior School: Mountain Trail Middle School

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 56248.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 219-59-119
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1402.0
  • Tax Book Number: 219.00
  • Tax Lot: 86
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2015
Closed on
Apr 26, 2018
Sold by
Salsbury Stuart M and Salsbury Suzanne B
Bought by
Mueller Edward A and Mueller Susan M
Seller's Agent
George Filippi
RE/MAX Fine Properties
Buyer's Agent
David Reese
Exclusive Properties of Arizona
List Price
$288,000
Sold Price
$185,000
Premium/Discount to List
-$103,000
-35.76%
Current Estimated Value
$5,103,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,918,038
Avg. Annual Appreciation
54.97%

Purchase Details

Closed on
May 18, 2000
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Salsbury Stuart M and Salsbury Suzanne B
Source: Public Records

Range of Values:

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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
Mueller Edward A $185,000 First Arizona Title Agency L
Salsbury Stuart M $386,750 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $185,000 -2.1% --
02/07/2018 02/07/18 Price Changed $189,000 -12.1% --
11/30/2017 11/30/17 Price Changed $215,000 -25.3% --
11/19/2015 11/19/15 For Sale $288,000 -- --
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 $9,471 $171,971 -- --
2024 $9,058 $163,782 -- --
2023 $9,058 $292,950 $58,590 $234,360
2022 $8,726 $213,630 $42,720 $170,910
2021 $9,475 $208,060 $41,610 $166,450
2020 $1,543 $30,930 $30,930 $0
2019 $1,496 $32,490 $32,490 $0
2018 $1,455 $32,100 $32,100 $0
2017 $1,402 $26,655 $26,655 $0
2016 $1,395 $27,030 $27,030 $0
2015 $1,407 $29,712 $29,712 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    George Filippi

    RE/MAX

  • D

    Buyer's Agent in 2018

    David Reese

    Exclusive Properties of Arizona

    (602) 679-0966

    4 in this area

    10 Total Sales

    David Reese
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5365367

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-59-119

Arizona Maricopa County Scottsdale 85262 Desert Mountain

9531 E Madera Dr Unit 86, Scottsdale, AZ

This home is located at 9531 E Madera Dr Unit 86, Scottsdale, AZ 85262 since 21 November 2015 and is currently estimated at $5,103,038. 9531 E Madera Dr Unit 86 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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