42550 N 111TH Place, 85, Scottsdale, AZ 85262
$1,500,000
Property Type:
Land and Lots
Lot Size (sq. ft.):
97,866
Status:
Closed
Current Price:
$1,500,000
List Date:
7/17/2022
Last Modified:
8/16/2023
Description
Enjoy 360 degree views of the mountains, city skyline, and serene desert atmosphere at this 2+ acre lot in the coveted luxury community of Desert Mountain. Build the home of your dreams in this private enclave of opulent residences at the base of the mountain and near plenty of hiking trails, camping sites, and world-class golf courses. List price does not include a Membership. Purchaser may apply to join Club upon receipt of building permit from City of Scottsdale. Please inquire with listing agent for geotechnical survey and to meet onsite.
More Information MLS# 6435537
Contract Information
Current Price: $1,500,000
Sold Price: $1,500,000
Status: Closed
List Date: 2022-07-17
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3.5
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: E39
House Number: 42550
Compass: N
Street Name: 111TH
St Suffix: Place
Lot #: 85
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85262
Country: USA
County Code: Maricopa
Assessor's Map #: 13
Assessor's Parcel #: 33
Add'l Parcels: No
Assessor Number: 219-13-033
Legal Description (Abbrev): LOT 85 DESERT MOUNTAIN APACHE PEAK PART TWO-A MCR 036028
Subdivision: DESERT MOUNTAIN APACHE PEAK PART TWO-A
Census Tract: 10102
Tax Municipality: Scottsdale
Taxes: 3957
Tax Year: 2021
General Property Description
Apx Total Acres: 2.25
Apx Total Acres G/N: G
Price Per Acre: 722222.22
Apx SqFt: 97866
Price Per SqFt: 16.6
Apx SqFt G/N: G
Lot Size Dimensions: Irregular
Horses: N
Zoning: Residential
Elementary School: Black Mountain Elementary School
Jr. High School: Sonoran Trails Middle School
High School: Cactus Shadows High School
Elementary School District: Cave Creek Unified District
High School District: Cave Creek Unified District
Remarks & Misc
Cross Street: Pima and Cave Creek RD
Directions: From Pima, East on Cave Creek Rd to Main Entrance on Desert Mountain Pkwy. North side of the road. Take Desert Mtn Pkwy to 109th Way, right to Honey Mesquite and turn right then left on 111th Pl.
Geo Lat: 33.870987
Geo Lon: -111.839192
Status Change Info
Status Change Date: 2023-08-16
Off Market Date: 2023-08-08
Under Contract Date: 2023-06-25
Close of Escrow Date: 2023-08-15
Sold Price: $1,500,000
Legal Info
Township: 6N
Range: 5E
Section: 16
Lot Number: 85
Pmt & Rate Info
Equity: 1625000
Assoc/Prop Info
HOA Y/N: Y
HOA Fee: 1388
HOA Paid (Freq): Semi-Annually
HOA Name: Desert Mountain
HOA Telephone: 480-635-5600
PAD Fee Y/N: N
HOA 2 Y/N: N
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family
Potential Use: Single Family
Parcel Size: 1.00 - 2.49 Acres
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Conventional; 1031 Exchange
Reports/Disclosures: Seller Prop Disc Stm; Boundary Survey Avlb
Environmental: None
Lockbox Type: None
Listing Office: The Brokery
Last Updated: August - 16 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.