NOT LISTED FOR SALE

Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $2,527,000 - $3,233,000

1.01 Acres
$2,960,675 Price per Acre
43,996 Sq Ft Lot

Sale Details

Date Sold: July 29, 2014

Last sale price $150,000

Est. 1,894% increase in value since last sale

Current estimated payment $16,559 / mo

640 Days on Market

Highlights

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

About This Lot

As of July 2014

Mountain views, saguaro cacti and abundant Sonoran Desert vegetation. List price includes an Equity Golf Membership in the Desert Mountain Club.

Last Agent to Sell the Property

Kathleen Benoit

Russ Lyon Sotheby's International Realty License #BR573606000 Listed on: 09/19/2012

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Brian Herrera

HomeSmart License #SA627774000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,334

Lot Details

  • 1.01

HOA Fees

  • $211 Monthly HOA Fees

Schools

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

Additional Features

  • Mountain Views
  • 1.01 Acre Lot
  • Property is near golf course

Listing and Financial Details

  • Tax Lot 333
  • Assessor Parcel Number 219-11-801

Community Details

Overview

  • Desert Mountain Association, Phone Number (480) 595-4220
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$2,334

Lot Details

1.01 Acres

HOA Fees

$211 per month

Listing Details

  • Cross Street: Pima and Cave Creek
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv
  • Zoning: Res
  • Tax Year: 2010
  • Horses: No
  • Lot Size Acres: 1.01
  • Subdivision Name: DESERT MOUNTAIN
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Golf Course Subd, Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: Other (See Rmks)

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1266.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 4805954220
  • Association Fee: 1266.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain
  • Phone: 480-595-4220
  • Association: Yes

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size: Irr
  • Lot Size Sq Ft: 44021.0
  • Additional Parcels: No
  • Parcel #: 219-11-801
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2334.0
  • Tax Book Number: 219.00
  • Tax Lot: 333
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2018
Sold by
Cheney Bradbury F and Cheney Carolyn
Bought by
Sundance Trails Llc
Current Estimated Value
$2,990,282

Purchase Details

Closed on
Feb 23, 2017
Sold by
Mortensen Signature Homes Of Arizona Llc
Bought by
Cheney Bradbury F and Cheney Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2012
Closed on
Jun 11, 2014
Sold by
Desert Mountain Properties Limited Partn
Bought by
Mortensen Lance and Mortensen Lori
Seller's Agent
Kathleen Benoit
Russ Lyon Sotheby's International Realty
Buyer's Agent
Brian Herrera
HomeSmart
List Price
$335,000
Sold Price
$150,000
Premium/Discount to List
-$185,000
-55.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.03%

Purchase Details

Closed on
Dec 27, 2010
Sold by
Kunugi Motoyasu
Bought by
Desert Mountain Properties Limited Partn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sundance Trails Llc -- Accommodation
Cheney Bradbury F $1,585,000 Greystone Title Agency
Mortensen Lance $285,000 First American Title Ins Co
Desert Mountain Properties Limited Partn $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheney Bradbury F $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2014 07/29/14 Sold $150,000 -55.2% --
06/10/2014 06/10/14 Pending -- -- --
09/08/2012 09/08/12 For Sale $335,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $5,926 $106,720 -- --
2024 $5,621 $101,638 -- --
2023 $5,621 $180,530 $36,100 $144,430
2022 $5,415 $133,400 $26,680 $106,720
2021 $5,880 $126,220 $25,240 $100,980
2020 $5,776 $115,180 $23,030 $92,150
2019 $5,603 $112,910 $22,580 $90,330
2018 $5,449 $108,150 $21,630 $86,520
2017 $5,248 $96,310 $19,260 $77,050
2016 $652 $14,415 $14,415 $0
2015 $657 $11,024 $11,024 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Benoit

    Seller's Agent in 2014

    Kathleen Benoit

    Russ Lyon Sotheby's International Realty

    (480) 544-5565

    139 in this area

    158 Total Sales

    Kathleen Benoit
    Section Image
  • Brian Herrera

    Buyer's Agent in 2014

    Brian Herrera

    HomeSmart

    (480) 244-8298

    39 in this area

    39 Total Sales

    Brian Herrera
    Section Image
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4821446

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-801

Arizona Maricopa County Scottsdale 85262

Desert Mountain

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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