NOT LISTED FOR SALE

9938 E Groundcherry Ln Unit 29 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $306,000 - $1,083,000

1.18 Acres
$500,589 Price per Acre
51,401 Sq Ft Lot

Last Sold November 20, 2015

Last sale price $135,525

Est. 336% increase in value since last sale

Current estimated payment $3,494/month

39 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Cul-De-Sac
  • Black Mountain Elementary School Rated A-
  • City Lights View
  • Property is near a golf course

About This Lot

As of November 2015

Very easy to build lot in the Village of Mountain Skyline. Great privacy with Valley Views - smattering of City Lights and gorgeous Mountain Views. Total of 1.18 acres, with a generous building envelope. This price does not include a membership to The Desert Mountain Club, but memberships are still available through the Club.

Last Agent to Sell the Property

Karen Baldwin

Compass License #SA104221000 Listed on: 09/10/2015

Co-Listed By

Kathleen Benoit

Russ Lyon Sotheby's International Realty License #BR573606000

Last Buyer's Agent

David Reese

Exclusive Properties of Arizona License #SA109015000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,282

Lot Details

  • 1.18 Acre Lot
  • Cul-De-Sac
  • Property is zoned R1-10

HOA Fees

  • $246 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Location

  • Property is near a golf course

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 219-56-470

Community Details

Overview

  • Desert Mountain HOA, Phone Number (480) 595-4220
  • Desert Mountain Phase 2 Unit 10 Lt 1 112 Tr A H Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,282

Lot Details

0

HOA Fees

$246 per month

Listing Details

  • Cross Street: Pima Road and Cave Creek Roads
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: R1-10
  • Tax Year: 2013
  • Directions: North on Pima, East on Cave Creek, North on Desert Mountain Parkway to the Village of Mountain Skyline
  • Lot Size Acres: 1.18
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: praz17
  • Co List Office Phone: 480-575-6575
  • Subdivision Name: DESERT MOUNTAIN PHASE 2 UNIT 10 LT 1-112 TR A-H
  • 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, Golf Course Subd, City Light View(s), Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1476.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 4805954220
  • HOA Transfer Fee: 750.0
  • Association Fee: 1476.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain HOA
  • Phone: 480-595-4220
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 51254.0
  • Additional Parcels: No
  • Parcel #: 219-56-470
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1282.0
  • Tax Book Number: 219.00
  • Tax Lot: 29
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2016
Sold by
Reese Richard David and Reese Stephanie A
Bought by
Short Rex C
Current Estimated Value
$590,695

Purchase Details

Listed on
Sep 10, 2015
Closed on
Nov 11, 2015
Sold by
Edelson Ira J and Edelson Starr
Bought by
The Snickers Trust
Seller's Agent
Karen Baldwin
Compass
Buyer's Agent
David Reese
Exclusive Properties of Arizona
List Price
$149,000
Sold Price
$135,525
Premium/Discount to List
-$13,475
-9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.03%

Purchase Details

Closed on
Jun 3, 2003
Sold by
Lundberg John C and Lundberg Jill L
Bought by
Edelson Ira J and Edelson Starr

Purchase Details

Closed on
Dec 5, 2000
Sold by
Lundberg Jill L
Bought by
Lundberg John C and Lundberg Jill L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.66%

Purchase Details

Closed on
Jan 4, 1995
Sold by
Lundberg John C
Bought by
Lundberg Jill L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 7, 1994
Sold by
Sopeland Russell L and Sopeland Dianna L
Bought by
Lundberg John C and Lundberg Jill L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 27, 1994
Sold by
Hansen Investors Partnership
Bought by
Sopeland Russell L and Sopeland Dianna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.86%
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
Short Rex C $195,000 First American Title Ins Co
The Snickers Trust $135,525 U S Title Agency Llc
Edelson Ira J $80,000 Capital Title Agency Inc
Lundberg John C -- First American Title
Lundberg Jill L -- --
Lundberg John C $116,000 Security Title Agency
Sopeland Russell L -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lundberg John C $200,000
Previous Owner Lundberg John C $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2015 11/20/15 Sold $135,525 -9.0% --
10/09/2015 10/09/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $149,000 -- --
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 $1,394 $25,322 $25,322 --
2024 $1,334 $24,116 $24,116 --
2023 $1,334 $51,690 $51,690 $0
2022 $1,285 $30,150 $30,150 $0
2021 $1,395 $31,245 $31,245 $0
2020 $1,370 $29,250 $29,250 $0
2019 $1,329 $29,055 $29,055 $0
2018 $1,293 $25,710 $25,710 $0
2017 $1,245 $26,130 $26,130 $0
2016 $1,240 $23,145 $23,145 $0
2015 $1,250 $21,488 $21,488 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5332595

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-470