NOT LISTED FOR SALE

40896 N 109th Place Scottsdale, AZ 85262

Desert Mountain Neighborhood

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

4 Beds
4.5 Baths
4,068 Sq Ft
$716/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $1,270,000 $312 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $16,534/month

27 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Two Primary Bathrooms
  • Black Mountain Elementary School Rated A-
  • Heated Spa
  • Mountain View

About This Home

As of May 2014

RELEASE DATE APRIL 12, 2014. Brand New Mortensen Signature Home. No Steps in this Desert
Mountain soft contemporary scheduled for early April completion. Modern features and light colors
are all part of this Great Room / Kitchen floor plan. Sunset views of Lone Mountain, private lot
and central location. 4 bedrooms plus study or bedroom 5 . Furniture package ready immediately at
additional cost. MORTENSEN SIGNATURE HOME LEASE BACK AVAILABLE, PLEASE ASK FOR DETAILS.Does not include DM Membership .

Last Agent to Sell the Property

Brian Herrera

HomeSmart License #SA627774000 Listed on: 04/01/2014

HomeSmart

Last Buyer's Agent

Karen Baldwin

Compass License #SA104221000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,045

Year Built

  • Built in 2014

Lot Details

  • 0.9 Acre Lot
  • Desert faces the back of the property
  • Block Wall Fence
  • Front Yard Sprinklers

HOA Fees

  • $259 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Foam Roof

Interior Spaces

  • 4,068 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Wood Frame Window
  • Mountain Views
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool

Outdoor Features

  • Patio
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 67
  • Assessor Parcel Number 219-56-427

Community Details

Overview

  • Association fees include ground maintenance
  • Desert Mtn Master Association, Phone Number (480) 595-4220
  • Built by Gemni Development
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,045

Year Built

Built in 2014

Lot Details

0

HOA Fees

$259 per month

Parking

3

Listing Details

  • Cross Street: Pima and Cave Creek Road
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 258.66
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2014
  • Spa Private: Yes
  • Tax Year: 2013
  • Directions: Desert Mountain Parkway to Salero Drive, Left to Village of Arrowhead, first left on 109th Place.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.9
  • Subdivision Name: Desert Mountain
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 1552.0
  • Dining Area:Breakfast Bar: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Accessibility Features: Accessible Hallway(s)
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Kitchen Island, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4068.0
  • Stories: 1
  • Window Features: Wood Frames
  • Community Features:Golf Course: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Built-in Barbecue
  • Lot Features: Natural Desert Back, Irrigation Front
  • Pool Features: Fenced, Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Home Warranty: Yes
  • Construction Type: Painted, Frame - Wood
  • Property Condition: Complete Spec Home
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Guarded Entry, Golf, Biking/Walking Path
  • Amenities: Club, Membership Opt, Management
  • Association Fee: 1552.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mtn Master
  • Phone: 480-595-4220
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 700.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Desert Mtn Master
  • Association Fees:HOA Telephone4: 480-595-4220
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 39027.0
  • Parcel #: 219-56-427
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Gemni Development

Tax Info

  • Tax Annual Amount: 1045.0
  • Tax Book Number: 219.00
  • Tax Lot: 67
  • Tax Map Number: 56.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
May 8, 2014
Sold by
Hellauer Marianne Schmitt
Bought by
Glassberg Eileen T
Seller's Agent
Brian Herrera
HomeSmart
Buyer's Agent
Karen Baldwin
Compass
List Price
$1,285,000
Sold Price
$1,270,000
Premium/Discount to List
-$15,000
-1.17%
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.
Estimated Appreciation
$1,644,293
Avg. Annual Appreciation
6.99%
Original Mortgage
$762,000
Outstanding Balance
$586,965
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$2,137,421

Purchase Details

Closed on
Feb 25, 2013
Sold by
Halla Trudy
Bought by
Hellauer Maruanne Schmitt
Source: Public Records

Range of Values:

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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
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
05/30/2014 05/30/14 Sold $1,270,000 -7.6% $312 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
04/16/2014 04/16/14 Price Changed $1,375,000 +7.0% $338 / Sq Ft
04/01/2014 04/01/14 For Sale $1,285,000 -- $316 / 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

  • Brian Herrera

    Seller's Agent in 2014

    Brian Herrera

    HomeSmart

    (480) 244-8298

    52 in this area

    52 Total Sales

    Brian Herrera
    Section Image
  • Karen Baldwin

    Buyer's Agent in 2014

    Karen Baldwin

    Compass

    (480) 694-0098

    59 in this area

    75 Total Sales

    Karen Baldwin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5093547

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-56-427

Arizona Maricopa County Scottsdale 85262 Desert Mountain

40896 N 109th Place, Scottsdale, AZ

This home is located at 40896 N 109th Place, Scottsdale, AZ 85262 since 01 April 2014 and is currently estimated at $2,914,293, approximately $716 per square foot. This property was built in 2014. 40896 N 109th Place is a home located in Maricopa County with nearby schools including Black Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle School.

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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