NOT LISTED FOR SALE

Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $4,000,913 - $4,730,000

1.05 Acres
$4,076,408 Price per Acre
45,738 Sq Ft Lot

Sale Details

Date Sold: August 6, 2012

Last sale price $125,000

Est. 3,324% increase in value since last sale

Current estimated payment $23,191 / mo

144 Days on Market

About This Lot

As of August 2012

DRASTIC $50,000 PRICE REDUCTION-OWNER NEEDS THIS SOLD!!! UNBELIEVABLE PRICE FOR THIS LOT!! THIS IS AN ABSOLUTELY WONDERFUL LOT IN PAINTED SKY W/BEAUTIFUL GOLF COURSE, MOUNTAIN & SUNSET VIEWS; AN EASY BUILD ON A RELATIVELY FLAT 1.05 ACRE HOMESITE; A VERY DEEP LOT WHICH COULD FEATURE A WONDERFUL LONG DRIVEWAY - PROVIDING AN ELEGANT ENTRY TO A FABULOUS BUILDING SITE WHICH WOULD OFFER VIEWS OF APACHE GOLF COURSE AS WELL AS APACHE PEAK; NEIGHBORING PROPERTIES ARE BUILT OUT ENABLING VIEWS OF THE SPECTACULAR UNOBSTRUCTED VIEW CORRIDORS! PRICE DOES NOT INCLUDE DEFERRED EQUITY GOLF MEMBERSHIP.

Last Agent to Sell the Property

Marilyn Matura

Fathom Realty Elite License #SA524126000 Listed on: 01/12/2012

Fathom Realty Elite

Last Buyer's Agent

Daniel Wolski

Russ Lyon Sotheby's International Realty License #SA555961000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,330

Lot Details

  • 1.05 Acre Lot

Community Details

  • No Home Owners Association
  • Desert Mountain Subdivision

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 219-13-185

Property Details

Property Type

Land

Est. Annual Taxes

$2,330

Lot Details

1.05 Acres

Listing Details

  • Cross Street: CAVE CREEK ROAD & PIMA
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: RES
  • Tax Year: 2011
  • Lot Size Acres: 1.05
  • Subdivision Name: DESERT MOUNTAIN
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 45600.0
  • Additional Parcels: No
  • Parcel #: 219-13-185
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2330.0
  • Tax Book Number: 219.00
  • Tax Lot: 71
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
Painter Robin A and Baldwin Martha K
Bought by
Andrews Mitchell C and Andrews Colleen E
Current Estimated Value
$4,280,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$2,035,874
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,244,354

Purchase Details

Closed on
Jul 25, 2014
Sold by
Red Moon Homes Inc
Bought by
Jonathan Painter 2012 Family Trust

Purchase Details

Listed on
Jan 12, 2012
Closed on
Jul 30, 2012
Sold by
Edwards Scott N and Edwards Judi
Bought by
Red Moon Homes Inc
Seller's Agent
Marilyn Matura
Fathom Realty Elite
Buyer's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
List Price
$209,900
Sold Price
$125,000
Premium/Discount to List
-$84,900
-40.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.33%
Original Mortgage
$100,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2007
Sold by
Bellis William W and Bellis Virginia A
Bought by
Edwards Scott N and Edwards Judi

Purchase Details

Closed on
Jun 20, 2005
Sold by
Fuoto Salvatore M and Fuoto Barbara Amster
Bought by
Bellis William W and Bellis Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 1997
Sold by
Fuoto Salvatore M and Fuoto Barbara Amster
Bought by
Fuoto Salvatore M and Fuoto Barbara Amster

Purchase Details

Closed on
Dec 22, 1997
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Fuoto Salvatore M and Fuoto Barbara Amster
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
Andrews Mitchell C $3,250,000 First Arizona Title Agency
Jonathan Painter 2012 Family Trust $1,949,000 Empire West Title Agency
Red Moon Homes Inc $125,000 Fidelity National Title Agen
Edwards Scott N $607,500 None Available
Bellis William W $425,000 First American Title Ins Co
Fuoto Salvatore M -- First American Title
Fuoto Salvatore M $332,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrews Mitchell C $2,250,000
Previous Owner Red Moon Homes Inc $100,000
Previous Owner Bellis William W $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2012 08/06/12 Sold $125,000 -40.4% --
06/04/2012 06/04/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $209,900 -- --
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 $7,847 $201,253 -- --
2024 $9,717 $191,670 -- --
2023 $9,717 $244,230 $48,840 $195,390
2022 $9,400 $203,220 $40,640 $162,580
2021 $10,186 $191,300 $38,260 $153,040
2020 $10,892 $191,700 $38,340 $153,360
2019 $10,565 $189,260 $37,850 $151,410
2018 $10,275 $171,230 $34,240 $136,990
2017 $9,896 $176,630 $35,320 $141,310
2016 $9,852 $163,200 $32,640 $130,560
2015 $9,317 $158,400 $31,680 $126,720
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Marilyn Matura

    Fathom Realty Elite

    (480) 861-3332

    3 in this area

    28 Total Sales

    Marilyn Matura
    Section Image
  • Daniel Wolski

    Buyer's Agent in 2012

    Daniel Wolski

    Russ Lyon Sotheby's International Realty

    (480) 488-5718

    193 in this area

    302 Total Sales

    Daniel Wolski
    Section Image
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4700343

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-13-185

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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