NOT LISTED FOR SALE

40896 N 109th Place Unit 67 Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $2,570,000 - $3,206,000

0.89 Acre
$3,274,487 Price per Acre
38,768 Sq Ft Lot

Last Sold February 28, 2013

Last sale price $105,000 $3 Per Sq Ft

Est. 2,676% increase in value since last sale

Current estimated payment $16,367/month

287 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Cul-De-Sac
  • Black Mountain Elementary School Rated A-
  • Mountain View
  • Gentle Sloping Lot

About This Lot

As of February 2013

24,100 square foot building envelope, in a quite setting, this interior lot sits on a cul-de-sac. Membership not included. For information on Desert Mountain Club membership please contact the listing agents for details.

Last Agent to Sell the Property

Donna LeGate

Compass License #BR006874000 Listed on: 01/25/2012

Compass

Co-Listed By

Robert Terry

Compass License #BR003794000

Last Buyer's Agent

Brian Herrera

HomeSmart License #SA627774000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,232

Lot Details

  • 0.89 Acre Lot
  • Cul-De-Sac
  • Irregular Lot
  • Gentle Sloping Lot

Interior Spaces

  • 39,027 Sq Ft Home
  • Mountain Views

Schools

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

Community Details

Recreation

  • Golf Course Community

Additional Features

  • $1,169 per year Dock Fee
  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$6,232

Lot Details

0

Listing Details

  • Tax Municipality: Scottsdale
  • Cross Street: Pima and Cave Creek
  • Legal Info Lot Number: 67
  • Legal Info Range: 5E
  • Legal Info Section: 21
  • Legal Info Township: 6N
  • Roads Streets: Private Street
  • Property Type: C
  • Estimated Deeded Fee Acres: 0.89
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 0.89
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 427.00
  • Development Status: Subdivision Plat Apv
  • Displayon Public Websites: Y
  • Elevation: 2,001 - 3,000 Ft
  • Existing Land Use: Residential Lot
  • Hundred Block: 41000
  • Land Configuration: Irregular Shape
  • Land Features: Cul-De-Sac, Gated Community, Golf Course Subd, Guarded Entry, Mountain View(s)
  • Marketing Name: Arrowhead 67
  • Number Lotsin Listing: 1.00
  • Parcel Size: .50 - .99 Acres
  • Potential Use: Single Family
  • Price Per Acre: 140449.43
  • Price Per Sq Ft: 3.20
  • Topography: Gentle Sloping
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: Residential
  • Map Code Grid: F38
  • Tax Year: 2012
  • Directions: Pima north to Cave Creek, east on Cave Creek to Desert Mountain Parkway, north to Desert Mountain main gate.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 39027.00

Exterior Features

  • Lot Number: 67

Utilities

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

Condo/Co-op/Association

  • Association Info HOA: Y
  • Annual HOA Fees: 1506.12
  • HOA Name: Desert MT Maters
  • HOA Paid Frequency: Semi-Annually
  • HOA Telephone: 480-595-4220
  • HOA Transfer Fee: 750.00

Schools

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

Lot Info

  • Lot Size: Irregular

Tax Info

  • Taxes: 1169.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2014
Sold by
Hellauer Marianne Schmitt
Bought by
Glassberg Eileen T
Current Estimated Value
$2,914,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$762,000
Outstanding Balance
$586,965
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$2,137,421

Purchase Details

Listed on
Jan 25, 2012
Closed on
Feb 25, 2013
Sold by
Halla Trudy
Bought by
Hellauer Maruanne Schmitt
Seller's Agent
Donna LeGate
Compass
Buyer's Agent
Brian Herrera
HomeSmart
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.70%
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
Glassberg Eileen T $1,270,000 U S Title Agency Llc
Hellauer Maruanne Schmitt $105,000 Us Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glassberg Eileen T $762,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $105,000 -16.0% $3 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $125,000 -- $3 / 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 $6,232 $129,225 -- --
2024 $6,025 $123,072 -- --
2023 $6,025 $175,860 $35,170 $140,690
2022 $5,821 $134,030 $26,800 $107,230
2021 $6,325 $139,480 $27,890 $111,590
2020 $6,303 $127,410 $25,480 $101,930
2019 $6,061 $120,850 $24,170 $96,680
2018 $5,861 $118,430 $23,680 $94,750
2017 $5,588 $114,970 $22,990 $91,980
2016 $5,607 $106,730 $21,340 $85,390
2015 $5,255 $103,030 $20,600 $82,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4707044

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-427