NOT LISTED FOR SALE

9875 E Reflecting Mountain Way Unit 304 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $3,339,000 - $4,743,991

2.12 Acres
$1,995,990 Price per Acre
92,347 Sq Ft Lot

Last Sold October 14, 2013

Last sale price $440,000 $5 Per Sq Ft

Est. 862% increase in value since last sale

Current estimated payment $23,187/month

1,656 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • 2.12 Acre Lot
  • Black Mountain Elementary School Rated A-
  • City Lights View

About This Lot

As of October 2013

Seller will sell with or without a Desert Mountain Equity Golf Membership * buyer to pay transfer fee if EGM is included * 2.1-acre Saguaro Forest lot with city light and sunset views * Saguaro Forest lots with this elevation AND south-facing exposure for warm and sunny pool and patios are rare at this price point * 19,000+ building envelope * hillside elevation creates privacy and open space * see "Documents" tab for copies of two conceptual architectural plans -- Bing Hu and Beau Graffin -- that capitalize on the dramatic city light and sunset views

Last Agent to Sell the Property

Troy Gillenwater

Russ Lyon Sotheby's International Realty License #SA020615000 Listed on: 02/26/2009

Russ Lyon Sotheby's International Realty

Co-Listed By

Daniel Wolski

Russ Lyon Sotheby's International Realty License #SA555961000

Last Buyer's Agent

Michael Doyle

Russ Lyon Sotheby's International Realty License #SA028821000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,035

Lot Details

  • 2.12 Acre Lot
  • Irregular Lot

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 92,529 Sq Ft Home

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Community Details

Recreation

  • Golf Course Community

Additional Features

  • $1,990 per year Dock Fee
  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$9,035

Lot Details

0

Listing Details

  • Tax Municipality: Scottsdale
  • Cross Street: Cave Creek Road and Desert Mountain Parkway
  • Legal Info Lot Number: 304
  • Legal Info Range: 05E
  • Legal Info Section: 17
  • Legal Info Township: 06N
  • Roads Streets: Asphalt
  • Property Type: C
  • Estimated Deeded Fee Acres: 2.12
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 2.12
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 119.00
  • Displayon Public Websites: Y
  • Existing Land Use: Residential Lot
  • Hndrd Blk Directionl: E
  • Hundred Block: 9800
  • Land Configuration: Irregular Shape
  • Land Features: Border Common Area, City Light View(s), Gated Community, Golf Course Subd, Guarded Entry, Mountain View(s), North/South Exp
  • Legal Description Abbrev: DESERT MOUNTAIN PHASE 3 UNIT 41 AMD
  • Marketing Name: Village of Saguaro Forest
  • Number Lotsin Listing: 1.00
  • Parcel Size: 1.00 - 2.49 Acres
  • Price Per Acre: 209905.66
  • Price Per Sq Ft: 4.80
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: RES
  • Map Code Grid: F38
  • Tax Year: 2012
  • Directions: * The entrance to Desert Mountain is located 1 mile East of Pima Road on Cave Creek Road *
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 92529.00

Exterior Features

  • Lot Number: 304

Utilities

  • Water: City Franchise
  • Electric: Aps
  • Gas: Sw Gas

Condo/Co-op/Association

  • Association Info: Owner Association
  • Association Info HOA: Y
  • Annual HOA Fees: 1607.58
  • HOA Name: Desert Mountain HOA
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-488-2998
  • HOA Transfer Fee: 700.00

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School

Lot Info

  • Lot Size: IRR

Tax Info

  • Taxes: 1990.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2015
Sold by
Ausick Richard and Ausick Barbara M
Bought by
The Sixth Amendment & Restated Of Ausick
Current Estimated Value
$4,231,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Outstanding Balance
$1,333,363
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$2,898,135

Purchase Details

Listed on
Feb 26, 2009
Closed on
Oct 2, 2013
Sold by
Learning Tree Llc
Bought by
Ausick Richard and Ausick Barbara M
Seller's Agent
Troy Gillenwater
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michael Doyle
Russ Lyon Sotheby's International Realty
List Price
$749,000
Sold Price
$440,000
Premium/Discount to List
-$309,000
-41.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.76%

Purchase Details

Closed on
Dec 12, 2007
Sold by
Davis John C and Connie Davis M
Bought by
Leaning Tree Llc

Purchase Details

Closed on
Dec 29, 2003
Sold by
Desert Mountain Properties Lp
Bought by
Davis John C and Connie Davis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5.81%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The Sixth Amendment & Restated Of Ausick -- U S Title Agency Llc
Ausick Richard $440,000 U S Title Agency Llc
Leaning Tree Llc $650,000 Chicago Title Insurance Comp
Davis John C $637,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Sixth Amendment & Restated Of Ausick $1,750,000
Previous Owner Davis John C $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2013 10/14/13 Sold $440,000 -41.3% $5 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
02/26/2009 02/26/09 For Sale $749,000 -- $8 / Sq Ft
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 $9,035 $209,648 -- --
2024 $10,147 $199,665 -- --
2023 $10,147 $283,200 $56,640 $226,560
2022 $9,817 $222,960 $44,590 $178,370
2021 $11,551 $215,850 $43,170 $172,680
2020 $11,346 $201,130 $40,220 $160,910
2019 $11,006 $214,530 $42,900 $171,630
2018 $10,704 $204,100 $40,820 $163,280
2017 $8,026 $147,300 $29,460 $117,840
2016 $2,263 $44,430 $44,430 $0
2015 $2,283 $41,136 $41,136 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4131283

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-64-119