$640,000
SOLD MAY 2, 2024
1.02 Acres
$627,451 Price per Acre
44,431 Sq Ft Lot

Recently Sold

5% Below List Price

About This Lot

As of May 2024

Nestled within the prestigious Village of Gambel Quail Preserve, this expansive 43,000+ square foot lot offers an exceptional chance to build your dream residence. Conveniently situated near the community's main gate, this property provides both privacy and easy access. The plot showcases breathtaking views of city lights, stunning sunsets, and picturesque mountains, creating a perfect backdrop for luxurious living. With a generous building envelope of 21,936 square feet, it offers ample space to design a custom home that can include all the features and amenities you desire. This property is an ideal choice for those who appreciate the beauty of nature while enjoying close proximity to local conveniences.

Last Agent to Sell the Property

Karen Baldwin

Compass License #SA104221000 Listed on: 04/22/2024

Co-Listed By

Courtney Hoover

Compass License #SA674430000

Last Buyer's Agent

Lonnie Lopez

Russ Lyon Sotheby's International Realty License #SA687013000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,723

Lot Details

  • 1.02 Acre Lot
  • Property is zoned R-4R

HOA Fees

  • $300 Monthly HOA Fees

Community Details

  • Desert Mountain Association, Phone Number (480) 635-5600
  • Desert Mountain Phase 1 Unit Four Subdivision

Listing and Financial Details

  • Tax Lot 257
  • Assessor Parcel Number 219-56-942

Property Details

Property Type

Land

Est. Annual Taxes

$1,723

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R-4R
  • Tax Year: 2023
  • Lot Size Acres: 1.02
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: DESERT MOUNTAIN PHASE 1 UNIT FOUR
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association Info Assessed Balance: 9.0
  • Association Info Assessed Years Left: 9
  • Annual HOA Fees: 1800.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480.635.5600
  • HOA Transfer Fee: 9.0
  • Association Fee: 1800.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain
  • Phone: 480-635-5600
  • Association: Yes

Schools

  • Junior High Dist: Cave Creek Unified District

Lot Info

  • Lot Size: 135x165x221
  • Lot Size Sq Ft: 44400.0
  • Additional Parcels: No
  • Parcel #: 219-56-942
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1723.0
  • Tax Book Number: 219.00
  • Tax Lot: 257
  • Tax Map Number: 56.00
  • Tax Other Annual Assessment Amount: 9.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Sjs Group Llc
Bought by
Grevle Knut and Grevle Jennifer Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$1,029,168
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$70,788

Purchase Details

Listed on
Apr 22, 2024
Closed on
May 2, 2024
Sold by
Johnson Frank and Johnson Karen A
Bought by
Sjs Group Llc
Seller's Agent
Karen Baldwin
Compass
Buyer's Agent
Lonnie Lopez
Russ Lyon Sotheby's International Realty
List Price
$675,000
Sold Price
$640,000
Premium/Discount to List
-$35,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.78%

Purchase Details

Closed on
Mar 2, 1998
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Johnson Frank and Johnson Karen A
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $1,040,000 None Listed On Document
Warranty Deed $640,000 Arizona Premier Title
Cash Sale Deed $332,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,040,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Sale $1,500,000 +134.4% --
05/02/2024 05/02/24 Sold $640,000 -5.2% --
04/22/2024 04/22/24 For Sale $675,000 -- --
04/21/2024 04/21/24 Pending -- -- --
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 $1,801 $32,710 $32,710 --
2024 $1,723 $31,153 $31,153 --
2023 $1,723 $52,290 $52,290 $0
2022 $1,660 $37,395 $37,395 $0
2021 $1,802 $41,205 $41,205 $0
2020 $1,770 $32,250 $32,250 $0
2019 $1,717 $29,685 $29,685 $0
2018 $1,670 $28,020 $28,020 $0
2017 $1,608 $32,490 $32,490 $0
2016 $1,601 $29,385 $29,385 $0
2015 $1,615 $24,848 $24,848 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6694965

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-942