ANDREW HOLM, ABR, CDPF, eCertified
The Holm Group Scottsdale
Office: 480.767.2738 Cell:480.206.4265
Email: andrew@theholmgroupaz.com

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Desert Ridge Homes For Sale – New Listing Available Now

Here is a fantastic new listing that just came on the market today in Desert Ridge over the past few days. This home was listed yesterday for $440,000 with Remax Fine Properties and is available to show now.  Besides this home in Desert Ridge there are also three other communities to check out within Desert Ridge: Aviano at Desert Ridge, Fireside, and the brand new Sanctuary at Desert Ridge. Currently there are 29 homes for sale with the prices range in the lower $400’s to just over $7,00,000 for one of the larger homes.

The Holm Group has represented several 8 buyers and seller over the years and are happy to address any questions on this home or of the other homes that are on the market either as a rental or for sale.  Give Andrew a call today at 480-206-4265 w/ Berkshire Hathaway Arizona.

Property Address For Sale 22218 N. 48th Street Phoenix  AZ

Link:  Desert Ridge Homes For Sale – 22218 N. 48th Street Phoenix  AZ

Picture of the exterior of the home for sale in Desert Ridge provided by ARMLS.

Desert Ridge Homes For Sale

If you are looking for something else in the Desert Ridge area click this link below for all of the Desert Ridge Homes For Sale:

Desert Ridge Homes For Sale – Phoenix

Call Andrew w/ The Holm Group and Berkshire Hathaway for any questions regarding Desert Ridge at 480-206-4265.


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Desert Ridge Aviano – Market Update October 2007

  Desert Ridge Aviano – Market Update October 2007www.theholmgroupaz.com  

  • Currently there are over 57,000+ homes available through the AZ MLS
  • Desert Ridge Aviano 88 has a total of 74 homes and town homes on the market through the MLS.   Average days on market are 106 and average price per square foot of $254 (not including for sale by owner)
  • Cheapest house available in Desert Ridge Aviano is priced at $$649
  • Most expensive house on the market is priced at $1,999,000
  • Average price for a home currently on the market is $864k
  • Average price for a home in pending status is $933k
  • Average price for a home being sold is $645k
  • Pending sales are currently priced at $218 a sqft (these have yet to record)
  • Desert Ridge Aviano had 5 sales close in the month of Sept and 11 homes go pending

  Recent Sales in Desert Ridge – Aviano  ·         22208 N 37th Pl 4640 sqft (Listed for $1,049k and Sold for $1,059k·         3979 E Scout Pass 3240 sqft (Listed for $815k and Sold for $770k·         3967 E Morning Dove 3795 sqft (Listed for $749k and Sold for $749k)·         23007 N 38th Way 3961 sqft (Listed for $1,050k and Sold for $1,015k)

  Just a few reasons to work with The Holm Group 

  • I have a number of top ranking websites that focus on driving traffic specifically to buyers that are looking to move into the Desert Ridge area.
  • I sold 40% of my own listings in 2005-2006 by representing both the buyer and seller
  • If you are looking at doing any remodeling give me a call as I have established relationships with several area contractors that can help you on virtually any project
    • I have had several clients that have used my contractors and I can send you detailed photos of the work they have had done. 

  Representing Buyers and Sellers throughout Desert Ridge   Andrew Holm PLLC, ABRSterling Fine Homes & Land

The Holm Group

Office: 480-767-2738  Cell: 480-206-4265Email: Andrew@theholmgroupaz.com


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New listing coming soon: Desert Ridge Aviano

We have a new listing coming onto the market in a few days.

Desert Ridge Aviano
3410 sqft, 4 bdrm, Den, 3.5 Bath,
One of a kind, premium lot that backs to a wash
List price will be $610,000
Pictures and additional information to follow.

Call The Holm Group today today at 480-206-4265 to view this property before it goes on the market.


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Toscana of Desert Ridge

featured-communities-toscana-at-desert-ridge[1]
Looking for a luxurious vacation condo?
At Toscana of Desert Ridge, Luxury Resort Condos with 1, 2 or 3 bedrooms are available from the mid $200’s. The condo complex is located by the JW Marriott and Wildfire Golf Courses and adjacent to Desert Ridge Marketplace for the best in shopping and dining.
For more information, click here: toscanaofdesertridge.com


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AZ Central – Desert Ridge complex construction set to begin

A new apartment development is planned in a part of the region popular with homebuyers, shoppers and employers.

Construction is scheduled to begin on a 370-unit apartment complex in north Phoenix Desert Ridge community next month.

Resmark Cos. is partnering with Greystar to develop the complex on 14 acres at the northeast corner of Deer Valley Drive and 56th Street. Rents for the apartments in the 10-building complex aren’t yet available.

Greystar paid $10.5 million for the land earlier this year. The site was last purchased in 2007 just as the region’s housing market crashed.

Near-record home sales in the region, falling apartment vacancy rates and investors paying high prices for multi-family complexes are enticing apartment developers now. Several large complexes are under construction in the Valley.

According to Marcus & Millichap, metro Phoenix’s apartment vacancy rate has fallen just below 9 percent for the first time since early 2007.

“Desert Ridge is a highly desirable and popular residence choice,” said Ziv Cohen of Resmark in a statement when the complex’s development was announced.

The 5,700-acre community is being developed on former Arizona state land.

Most of the residential land west of 56th Street in Desert Ridge has already been developed, leaving large parcels east of 56th Street for future growth.


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AZ Central – Developer gets CityNorth land

CityNorth and Desert Ridge, once expected to be the crown jewels of Phoenix’s expansion into empty lands north of Loop 101 in northeast Phoenix, have been turned over to a new developer.

As a result of a long, detailed lawsuit, Gray Development Group of Phoenix has won control of the undeveloped 140 acres of CityNorth and with it, master developer responsibilities at Desert Ridge.

Desert Ridge is a 5,700-acre master-planned development centered at Tatum Boulevard and Loop 101. CityNorth, located on the northwest corner of 56th Street and Loop 101, is planned as a large, multiple-use development with upscale shopping, homes and hotels.

A group called Northeast Phoenix Partners controlled the land after winning the initial auction of the Desert Ridge commercial core in 1993. The Klutznick Co., the original developers of CityNorth, took over the partnership several years later.

NPP got into trouble when exercising its rights as master developer clashed with Gray.

Gray, a developer of upscale apartments in the Valley, had purchased land north of Desert Ridge Marketplace in 2004, and it later won zoning variances for the property that enabled it to add density to the project.

NPP, which enforced the covenants, conditions and restrictions for the entire Desert Ridge area, challenged the variances and lost. In the process, Gray countersued, arguing that NPP and the Klutznick Co. interfered with its efforts to develop the land. Gray eventually defaulted on the property, and it remains vacant.

Gray won a $110.7 million jury verdict in the case in 2010.

NPP/Klutznick, meanwhile, defaulted on Phase 1 of CityNorth and lost a portion of the property. It has been unable to develop the land further.

NPP, unable to pay the verdict, entered into mediated negotiations with Gray, which accepted the land and master developer rights in a settlement. That activity took place over the past month, and the deal was recently closed.

It is unknown now what Gray will do with the property. Company president Bruce Gray was unavailable for comment.

The principals of the Klutznick Co., John and Daniel Klutznick, closed up shop and moved out of town a year ago.

They were not available for comment.

Since the mediation began, lawyers in the case have not commented.

Others involved in the growth and development of Desert Ridge were pleased that the lawsuit is over.

Former Phoenix City Councilwoman Peggy Neely, who as a representative for the area was deeply involved in the dispute and Desert Ridge generally, said she hopes growth in the area can resume now that the legal cloud has dissipated.

“Hopefully the future of Desert Ridge can once again move forward with the settlement of this lawsuit,” she said, “and the community and the city can again see this highly desirable area become a productive commercial and residential community again.”

Doug Dickson, president of the Desert Ridge Community Association, said the resolution should help clarify the future of CityNorth.

“To the extent that this accelerates growth in the retail and commercial development of Desert Ridge, it is a positive and welcomed event for our community.”


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Aviano Short Sale Opportunity..

I have access to a short sale property in Aviano that will be on the mls on Monday.  If you want to take a look at the home below let me know and/or are looking for something in this area let me know….

Aviano by Toll Brothers

3bd 3bath 2883 sp ft

Great family neightborhood/schools etc.

This is a short sale $449,500 requiring lender aprvl.

Owners paid over 800K and put approx another 100k into upgrades by professional interior decorator


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AZ Central – Desert Ridge area to become bioscience, tech hub

Efforts are under way to develop the Desert Ridge area south of Loop 101 into a bioscience and technology hub, just days after Mayor Greg Stanton announced plans for the Desert Ridge Bioscience Technology Collaborative.

According to Dr. Wyatt Decker, chief executive of the Mayo Clinic in Arizona, more concrete plans could take form within six months, although full development of the plan is likely to take much longer.

“We worked with the mayor to develop the concept,” Decker said, “and we are pleased with his support for Mayo.”

Mayo Hospital is the key medical facility in northeast Phoenix. It occupies 210 acres at 56th Street and Mayo Boulevard, south of Loop 101. It opened in 1998.

Under the Desert Ridge Specific Plan, development in the area between 56th and 64th streets, Loop 101 and the Central Arizona Project canal must be related to or supportive of medical uses, including retail and residential.

Stanton’s plan, announced during his inauguration speech on Tuesday, would expand that idea west to Tatum Boulevard. Some non-medical users already are in place in the area, including American Express and Sumco, which manufactures silicon wafers for the microprocessing and computer industries.

Decker said representatives from Mayo, Arizona State University and the Mayor’s Office have begun working on the next steps. They want to develop a “clear vision” for the future, while showing “meaningful progress” as soon as they can, Decker said.

He foresees medical startups based on ideas generated at Mayo, ASU or elsewhere.

Maria Baier, who as state land commissioner controls most of the vacant property, said Stanton told her of his idea, but she does not have a lot of detail yet. “I told him I would do everything I can to be supportive,” she said. “This idea is quite visionary and positive for the community.”

She said there has been plenty of interest in the land throughout the Desert Ridge and Paradise Ridge areas — large, mostly undeveloped tracts of land along Loop 101 in northeast Phoenix.

“The question is whether we bring it out now or wait for recovery,” she said. “You typically would not dispose of property in a down market.”

The Arizona State Land Department manages the State Land Trust and controls 9.2million acres after selling or leasing 1.6 million acres. The department is required to “enhance value and optimize economic return” on the land for its beneficiaries, primarily public schools.

“We want the trust to realize the appreciation of value in a better market,” Baier said.

She said some of the land in question already has restrictions, including a ban on buildings that would block the view of the Mayo Clinic from the freeway. The department could come to an agreement with the city to determine how the land could be used.


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New Listing in Desert Ridge Aviano – 3643 E. Louise Dr Phoenix AZ 85050

 

 

 

 


For More Information on the property, Contact Andrew Holm.
3643 E. Louise Dr. • Phoenix, AZ 85050

SHORT
SALE priced for quick sale. Fantastic 2007 built, highly upgraded Aviano
residence, upgraded amenities include hardwood and tile flooring, custom
paint throughout, epoxy in 3 car garage. Chef’s kitchen is complete with
granite counters and top of the line appliances. Resort like back yard with
custom pool and built in BBQ. Master bath is complete with upgraded separate
shower and tub. An awe inspiring interior rotunda and courtyard complete this
perfect Santa Barbara Style Residence. Aviano Rec. Complex includes pools,
gym, tennis, and much more.

Property
Amenities

  • 4 Bedrooms
  • 3 Baths
  • 3,130 sq. ft.
  • 3 Car Garage
  • Private Pool
  • Fireplace in Living Room
  • Desert Front Landscaping
  • Desert/Synthetic Grass Backyard
  • Great Room, Den/Office
  • Formal Dining Area, Eat-in Kitchen
  • Kitchen Features: Disposal, Dishwasher, Refrigerator,
    Pantry, Granite Countertops, Kitchen Island
  • Master Bedroom: Walk-in Closet, Full Bath with
    Separate Shower & Tub, Double Sinks
  • Covered Patio
  • Community Features: Biking/Walking Path,
    Clubhouse/Rec Room, Heated Pool & Spa, Tennis Courts, Near Bus Stop

Andrew Holm

For More Information, Contact:

Andrew Holm

REALTOR®

Cell 480.206.4265

Andrew@TheHolmGroupAZ.com

www.TheHolmGroupAZ.com

prudential logo

JD Powers


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AZ Central – Desert Ridge developer on defaut of 32 acre parcel..

by Michael Clancy – Feb. 10, 2011 12:47 PM
The Arizona Republic

Gray Development Group is in default on land it bought in the Desert Ridge area in 2004.

Vanessa Hickman, deputy commissioner of the Arizona State Land Department, said a default notice was sent in December for the 32-acre parcel on the northeastern corner of 56th Street and Loop 101.

The default is the second for the Gray group and at least the sixth in the Desert Ridge area.

The Gray parcel sold in May 2004 for more than $1 million per acre, making it one of the most expensive parcels the State Land Department ever sold.

The department originally owned all land in the 5,700-acre, master-planned development. Since 1993, it has been rolling parcels out for auction and subsequent development.

But the recession has had a serious effect on land values – driving those who acquired land at the height of the market into default – and the department’s ability to sell parcels.

Under the rules of state land sales, developers are on a seven-year payment schedule. When payments are missed, default notices go out. The notices trigger a 60-day period that gives developers time to make good on their deals. If they fail, the land reverts to the Land Department.

Hickman said the state has not reclaimed the Gray parcel yet.

Gray was scheduled to go before the Phoenix Planning Commission on Wednesday to amend the Desert Ridge Specific Plan as it pertains to the parcel. But that effort was withdrawn earlier in the day.

Gray’s previous default was on a 41-acre parcel north of Desert Ridge Marketplace. The company last year won a lawsuit claiming the master developer of Desert Ridge, Northeast Phoenix Partners, hindered its efforts to develop the parcel.