NOT LISTED FOR SALE

9621 E Tear Drop Cove Unit 130 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $847,974 - $1,448,000

1.29 Acres
$933,135 Price per Acre
56,192 Sq Ft Lot

Last Sold August 26, 2019

Last sale price $475,000

Est. 153% increase in value since last sale

Current estimated payment $6,850/month

492 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Corner Lot
  • Black Mountain Elementary School Rated A-
  • City Lights View
  • Cul-De-Sac

About This Lot

As of August 2019

Fabulous Desert Mountain Homesite! Stunning view-corridor lot overlooking Chiricahua's 15th fairway, mountains and Valley. Quiet cul-de-sac location among Saguaro Forest's finest estate homes. South facing - 1.29 Acre gently sloping - easy build property with a generous 20,500+ SF building envelope. Conveniently located near Cochise Geronimo & Chiricahau Clubhouses and The Trails - 16+ miles of hiking in Desert Mountain's private wilderness adjacent to Tonto National Forest. Fabulous new 42,000 SF Sonoran Clubhouse featuring Spa, Fitness and Tennis Center with newly added Bocce, Pickle Ball and Croquet. Jim Flick Golf Performance Center, 6 Nicklaus Courses, Six Club houses and restaurants. Golf and Lifestyle Memberships are available from the Club.

Last Agent to Sell the Property

Kathleen Benoit

Russ Lyon Sotheby's International Realty License #BR573606000 Listed on: 03/02/2018

Russ Lyon Sotheby's International Realty

Co-Listed By

Karen Baldwin

Russ Lyon Sotheby's International Realty License #SA104221000

Last Buyer's Agent

Daniel Wolski

Russ Lyon Sotheby's International Realty License #SA555961000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,703

Lot Details

  • 1.29 Acre Lot
  • Cul-De-Sac
  • Corner Lot

HOA Fees

  • $284 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

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

Additional Features

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

Listing and Financial Details

  • Tax Lot 130
  • Assessor Parcel Number 219-47-726

Community Details

Overview

  • Desert Mountain Association, Phone Number (480) 635-5600
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,703

Lot Details

0

HOA Fees

$284 per month

Listing Details

  • Cross Street: PIMA RD & CAVE CREEK RD
  • Legal Info Range: 5E
  • Property Type: Land
  • Topography: {"Gentle Sloping":true,"Hillside":true,"Mountainous":true}
  • Zoning: RES
  • Tax Year: 2017
  • Lot Size Acres: 1.29
  • Road Surface Type: Asphalt, Dedicated Street, Private Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • 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: Cul-De-Sac, Lake Subdivision, Golf Course Lot, Golf Course Subd, Corner Lot, City Light View(s), Mountain View(s), Gated Community, Guarded Entry, North/South Exp
  • Disclosures: Seller Prop Disc Stm, None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1702.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-635-5600
  • HOA Transfer Fee: 800.0
  • Association Fee: 1702.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain
  • Phone: 480-635-5600
  • 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: 56083.0
  • Additional Parcels: No
  • Parcel #: 219-47-726
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1703.0
  • Tax Book Number: 219.00
  • Tax Lot: 130
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
Jul 5, 2019
Sold by
Schmidgall Richard G and Schmidgall Robin L
Bought by
Gibbons Michael J and Gibbons Meryl G
Seller's Agent
Kathleen Benoit
Russ Lyon Sotheby's International Realty
Buyer's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
List Price
$579,000
Sold Price
$475,000
Premium/Discount to List
-$104,000
-17.96%
Current Estimated Value
$1,203,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$728,744
Avg. Annual Appreciation
16.41%

Purchase Details

Closed on
Aug 21, 2000
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Schmidgall Richard G and Schmidgall Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,750
Interest Rate
8.15%
Source: Public Records

Range of Values:

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Average Value
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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
Gibbons Michael J $475,000 First American Title Ins Co
Schmidgall Richard G $828,750 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidgall Richard G $828,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2019 08/26/19 Sold $475,000 -18.0% --
02/26/2018 02/26/18 For Sale $579,000 -- --
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 $1,908 $34,641 $34,641 --
2024 $1,825 $32,991 $32,991 --
2023 $1,825 $69,450 $69,450 $0
2022 $1,758 $66,015 $66,015 $0
2021 $1,909 $62,835 $62,835 $0
2020 $1,875 $67,380 $67,380 $0
2019 $1,819 $60,900 $60,900 $0
2018 $1,769 $50,910 $50,910 $0
2017 $1,703 $42,945 $42,945 $0
2016 $1,696 $34,395 $34,395 $0
2015 $1,711 $41,776 $41,776 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Benoit

    Seller's Agent in 2019

    Kathleen Benoit

    Russ Lyon Sotheby's International Realty

    (480) 544-5565

    149 in this area

    170 Total Sales

    Kathleen Benoit
    Section Image

  • K

    Seller Co-Listing Agent in 2019

    Karen Baldwin

    Russ Lyon Sotheby's International Realty

  • Daniel Wolski

    Buyer's Agent in 2019

    Daniel Wolski

    Russ Lyon Sotheby's International Realty

    (480) 488-5718

    218 in this area

    320 Total Sales

    Daniel Wolski
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5730724

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-726

Arizona Maricopa County Scottsdale 85262 Desert Mountain

9621 E Tear Drop Cove Unit 130, Scottsdale, AZ

This home is located at 9621 E Tear Drop Cove Unit 130, Scottsdale, AZ 85262 since 02 March 2018 and is currently estimated at $1,203,744. 9621 E Tear Drop Cove Unit 130 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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