NOT LISTED FOR SALE

9738 E Larry Hughes Dr Unit 48 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $3,639,000 - $5,230,785

1.27 Acres
$3,735,981 Price per Acre
55,321 Sq Ft Lot

Last Sold January 08, 2015

Last sale price $195,000

Est. 2,333% increase in value since last sale

Current estimated payment $26,383/month

115 Days on Market

Highlights

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

About This Lot

As of January 2015

Village of Lone Mountain II non-membership lot located along the 6th hole of the Geronimo golf course. 1.3-acre lot with 18,000+ building envelope. Quiet and private golf course location provides huge open space and privacy. Dramatic mountain and sunset views. Lush desert foliage . Elevated building envelope . Lot corners are staked and flagged for easy showing. Quick access to the Sonoran Club fitness facility, tennis complex, swimming and lap pools, hiking and biking trails, club houses and golf courses! No membership is included in the purchase price but Golf or Lifestyle Memberships are available for purchase through the Desert Mountain Club. Sellers are Arizona real estate licensee and/or brokers.

Last Agent to Sell the Property

Daniel Wolski

Russ Lyon Sotheby's International Realty License #SA555961000 Listed on: 06/17/2014

Russ Lyon Sotheby's International Realty

Co-Listed By

Troy Gillenwater

Russ Lyon Sotheby's International Realty License #SA020615000

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Troy Gillenwater

Russ Lyon Sotheby's International Realty License #SA020615000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,808

Year Built

  • 2019

Lot Details

  • 1.27

HOA Fees

  • $282 Monthly HOA Fees

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Additional Features

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

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 219-59-081

Community Details

Overview

  • Desert Mountain Association, Phone Number (480) 575-4220
  • Desert Mountain Subdivision
  • Greenbelt

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,808

Year Built

2019

Lot Details

0

HOA Fees

$282 per month

Listing Details

  • Cross Street: Desert Mountain Parkway & Cave Creek Rd
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: RES
  • Tax Year: 2013
  • Directions: The Desert Mountain entrance and guard gate is on the north side of Cave Creek Road, one mile east of Pima Road
  • Lot Size Acres: 1.27
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: Desert Mountain
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Golf Course Lot, Golf Course Subd, Mountain View(s), Gated Community, Guarded Entry, North/South Exp, Greenbelt
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1693.98
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-575-4220
  • HOA Transfer Fee: 780.0
  • Association Fee: 1693.98
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain
  • Phone: 480-575-4220
  • 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: IRR
  • Lot Size Sq Ft: 55220.0
  • Additional Parcels: No
  • Parcel #: 219-59-081
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1808.46
  • Tax Book Number: 219.00
  • Tax Lot: 48
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2019
Sold by
Red Moon Homes Inc
Bought by
Kornbrekke Henning
Total Days on Market
115
Current Estimated Value
$4,744,696

Purchase Details

Closed on
Oct 14, 2014
Sold by
Arizona Real Estate Opportunity Fund Llc
Bought by
Red Moon Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 2010
Sold by
Musulin Michael S
Bought by
Arizona Real Estate Opportunity Fund Llc

Purchase Details

Closed on
Jul 16, 2009
Sold by
Musulin Linda C
Bought by
Musulin Michael S

Purchase Details

Closed on
Jun 23, 2009
Sold by
Dm Lone Mountain 48 Llc
Bought by
Musulin Michael S

Purchase Details

Closed on
Jan 29, 2007
Sold by
Mcdermott Todd and Mcdermott Cynthia
Bought by
Dm Lone Mountain 48 Llc

Purchase Details

Closed on
Sep 20, 2005
Sold by
Bukovinsky Richard S and Bukovinsky Rhonda L
Bought by
Mcdermott Todd and Mcdermott Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Kornbrekke Henning $2,410,000 First American Title Ins Co
Red Moon Homes Inc $195,000 First American Title
Arizona Real Estate Opportunity Fund Llc $135,000 None Available
Musulin Michael S -- First American Title Ins Co
Musulin Michael S $135,000 First American Title Ins Co
Dm Lone Mountain 48 Llc -- None Available
Mcdermott Todd $475,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red Moon Homes Inc $155,000
Previous Owner Red Moon Homes Inc $1,375,000
Previous Owner Mcdermott Todd $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2015 01/08/15 Sold $195,000 -2.5% --
10/10/2014 10/10/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $199,900 -- --
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 $11,057 $220,490 -- --
2024 $10,703 $209,991 -- --
2023 $10,703 $348,720 $69,740 $278,980
2022 $10,356 $277,660 $55,530 $222,130
2021 $11,216 $270,830 $54,160 $216,670
2020 $11,178 $246,800 $49,360 $197,440
2019 $2,230 $49,755 $49,755 $0
2018 $2,168 $46,875 $46,875 $0
2017 $2,088 $65,055 $65,055 $0
2016 $2,079 $65,055 $65,055 $0
2015 $2,097 $44,880 $44,880 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Wolski

    Seller's Agent in 2015

    Daniel Wolski

    Russ Lyon Sotheby's International Realty

    (480) 488-5718

    232 in this area

    334 Total Sales

    Daniel Wolski
    Section Image

  • T

    Seller Co-Listing Agent in 2015

    Troy Gillenwater

    Russ Lyon Sotheby's International Realty

    (480) 488-5718

    25 in this area

    28 Total Sales

    Troy Gillenwater
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5131872

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-59-081

Arizona Maricopa County Scottsdale 85262 Desert Mountain

9738 E Larry Hughes Dr Unit 48, Scottsdale, AZ

This home is located at 9738 E Larry Hughes Dr Unit 48, Scottsdale, AZ 85262 since 17 June 2014 and is currently estimated at $4,744,696. This property was built in 2019. 9738 E Larry Hughes Dr Unit 48 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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