NOT LISTED FOR SALE

Estimated Value: $2,380,000 - $2,939,000

0.69 Acre
$3,883,338 Price per Acre
30,056 Sq Ft Lot

Last Sold September 26, 2014

Last sale price $117,000

Est. 2,190% increase in value since last sale

Current estimated payment $15,108/month

343 Days on Market

Highlights

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

About This Lot

As of September 2014

Fantastic NON membership lot in Desert Mountain. Great for investor or end user. Elevated lot with beautiful views

Last Agent to Sell the Property

Linda Salkow

SERHANT. License #SA523244000 Listed on: 09/19/2013

SERHANT.

Co-Listed By

Amy House

Berkshire Hathaway HomeServices Arizona Properties License #SA633708000

Last Buyer's Agent

Kathy Reed

Russ Lyon Sotheby's International Realty License #SA555323000

Russ Lyon Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $968

Lot Details

  • 0.69 Acre Lot
  • Corner Lot

HOA Fees

  • $203 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Location

  • Property is near a golf course

Schools

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

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 219-56-425

Community Details

Overview

  • Capital Consultants 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

$968

Lot Details

0

HOA Fees

$203 per month

Listing Details

  • Cross Street: Cave Creek & Pima Rds
  • Property Type: Land
  • Zoning: Res
  • Tax Year: 2012
  • Directions: Proceed North on Pima to Cave Creek Rd. Turn right (E) to Desert Mountain Pkwy
  • Lot Size Acres: 0.69
  • Road Surface Type: Private Street
  • Co List Office Mls Id: praz06
  • Co List Office Phone: 480-473-4900
  • Subdivision Name: Desert Mountain
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Lot Features: Golf Course Subd, Corner Lot, City Light View(s), Mountain View(s), Gated Community, Guarded Entry
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS, SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1215.0
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 350.0
  • Association Fee: 1215.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Capital Consultants
  • 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: 29895.0
  • Additional Parcels: No
  • Parcel #: 219-56-425
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 967.84
  • Tax Book Number: 219.00
  • Tax Lot: 65
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2013
Closed on
Sep 11, 2014
Sold by
White Michael R and White Gina L
Bought by
Royle Stephen and Royle Mary Helen
Seller's Agent
Linda Salkow
SERHANT.
Buyer's Agent
Kathy Reed
Russ Lyon Sotheby's International Realty
List Price
$145,000
Sold Price
$117,000
Premium/Discount to List
-$28,000
-19.31%
Current Estimated Value
$2,679,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,562,503
Avg. Annual Appreciation
33.04%
Original Mortgage
$93,600
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 1998
Sold by
Cooper Dennis B and Cooper Patricia J
Bought by
White Michael R and White Gina L

Purchase Details

Closed on
Jan 30, 1997
Sold by
Borman Douglas David and Borman Patricia Lynne
Bought by
Cooper Dennis B and Cooper Patricia J
Source: Public Records

Range of Values:

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Average Value
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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
Royle Stephen $117,000 U S Title Agency Llc
White Michael R $260,000 Fidelity Title
Cooper Dennis B $235,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royle Stephen $807,876
Closed Royle Stephen $93,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2014 09/26/14 Sold $117,000 -19.3% --
08/28/2014 08/28/14 Pending -- -- --
09/19/2013 09/19/13 For Sale $145,000 -- --
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 $5,019 $106,279 -- --
2024 $3,565 $107,544 -- --
2023 $3,565 $127,750 $25,550 $102,200
2022 $4,704 $119,520 $23,900 $95,620
2021 $2,802 $61,520 $12,300 $49,220
2020 $1,067 $21,195 $21,195 $0
2019 $1,035 $20,490 $20,490 $0
2018 $1,007 $18,885 $18,885 $0
2017 $970 $17,520 $17,520 $0
2016 $965 $17,175 $17,175 $0
2015 $974 $12,912 $12,912 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5001604

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-425