NOT LISTED FOR SALE

10031 E Desert Cove Ave Scottsdale, AZ 85260

Shea Corridor Neighborhood

Estimated Value: $3,280,000 - $3,758,790

11 Beds
12 Baths
8,499 Sq Ft
$412/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $3,000,000 $353 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $19,512/month

48 Days on Market

Highlights

  • 0.81 Acre Lot
  • Mountain View
  • No HOA
  • Laguna Elementary School Rated A
  • Private Yard
  • Eat-In Kitchen

About This Home

As of October 2022

New to the market sits this one of a kind opportunity on a quiet residential street just south of the Shea corridor. Custom built as a high end, state of the art assisted living, this private estate currently features 11 ensuite spacious bedrooms. Additionally you will find multiple gathering spaces, a home office, nail / hair salon and dining areas designed to flow in a perfect circle around a beautifully appointed outdoor space which can be viewed from every angle. The many large picture windows and arcadia doors lead to this lovely outdoor sitting area and contribute to an abundance of natural light. Situated on almost an acre you'll also find a sprawling back covered patio, a Zen inspired walking path and impeccably kept grounds maintained and manicured with mature landscape. It's nice to have options and the tranquil ambiance of North Scottsdale makes for the perfect setting to re create a stunning private residence or continue along in the same group care fashion that has served many local families.

Last Agent to Sell the Property

Brian North

Compass License #SA635186000 Listed on: 08/04/2022

Compass

Co-Listed By

Robin Orscheln

Compass License #SA542839000

Last Buyer's Agent

Jim Guinn

Prestige Realty License #BR582547000

Prestige Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,197

Year Built

  • Built in 2010

Lot Details

  • 0.81 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 8 Open Parking Spaces

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 8,499 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Mountain Views
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 12 Bathrooms

Outdoor Features

  • Patio

Schools

  • Laguna Elementary School
  • Mountainside Middle School
  • Desert Mountain Elementary High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Bent Tree Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 217-26-245

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,197

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Cross Street: Shea & 104th Street
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 8.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2010
  • Tax Year: 2021
  • Directions: North on 104th St to Desert Cove. West to property on the south side.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.81
  • Co List Office Mls Id: nrtc01
  • Co List Office Phone: 602-714-7000
  • Subdivision Name: BENT TREE
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 13
  • Total Bedrooms: 11
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Pantry
  • Living Area: 8499.0
  • Stories: 1
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Frnt, Synthetic Grass Back, Natural Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Open Parking Spaces: 8.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Laguna Elementary School
  • High School: Desert Mountain Elementary
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mountainside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 35075.0
  • Parcel #: 217-26-245
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Book Number: 217.00
  • Tax Lot: 8
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Grozav Gabriel
Bought by
Retreat Assisted Living Llc
Total Days on Market
48
Current Estimated Value
$3,500,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,536,000
Outstanding Balance
$1,497,952
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$2,002,978

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 21, 2022
Sold by
Kivel Properties I Llc
Bought by
Grozav Gabriel
Seller's Agent
Brian North
Compass
Buyer's Agent
Jim Guinn
Prestige Realty
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$2,050,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2012
Sold by
Desert Cove 10031 Llc
Bought by
Kivel Properties 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2010
Sold by
National Bank Of Arizona
Bought by
Desert Cove 10031 Llc

Purchase Details

Closed on
Feb 9, 2009
Sold by
Iannetta John M and Iannetta Terrye R
Bought by
National Bank Of Arizona

Purchase Details

Closed on
Jun 28, 2005
Sold by
Jahnke Troy
Bought by
Iannetta John M and Iannetta Terrye R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2004
Sold by
Majdanski Richard W and Majdanski Barbara A
Bought by
Jahnke Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 2000
Sold by
Majdanski Richard W
Bought by
Majdanski Richard W and Majdanski Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
7.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2000
Sold by
Majdanski Barbara
Bought by
Majdanski Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
7.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 1998
Sold by
Majdanski Richard W
Bought by
Majdanski Richard W and Majdanski Barbara

Purchase Details

Closed on
Jun 17, 1998
Sold by
Majdanski Barbara
Bought by
Majdanski Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
7.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 1998
Sold by
Majdanski Richard W
Bought by
Majdanski Richard W and Majdanski Barbara

Purchase Details

Closed on
Jun 13, 1996
Sold by
Stjohn Glenn
Bought by
Majdanski Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
11.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 1995
Sold by
Gerlett Veronica
Bought by
Stjohn Glenn

Purchase Details

Closed on
Nov 17, 1994
Sold by
Siegel Warren H
Bought by
Majdanski Richard W and Gerlett Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
9.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 12, 1994
Sold by
Siegel Renee Ellen
Bought by
Siegel Warren H
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
Retreat Assisted Living Llc -- Magnus Title
Grozav Gabriel $3,000,000 Title Services Corporation
Kivel Properties 1 Llc $1,180,000 Fidelity National Title Agen
Desert Cove 10031 Llc $265,000 Fidelity Natl Title Ins Co
National Bank Of Arizona $392,000 None Available
Iannetta John M $770,000 Fidelity National Title
Jahnke Troy $685,000 Stewart Title & Trust Of Pho
Majdanski Richard W -- --
Majdanski Richard W -- Ati Title Agency
Majdanski Richard W -- --
Majdanski Richard W -- North American Title Agency
Majdanski Richard W -- --
Majdanski Richard W -- Nations Title Insurance
Stjohn Glenn -- --
Majdanski Richard W $289,000 Grand Canyon Title Agency In
Siegel Warren H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Retreat Assisted Living Llc $1,536,000
Previous Owner Grozav Gabriel $2,050,000
Previous Owner Kivel Properties 1 Llc $375,000
Previous Owner Iannetta John M $616,000
Previous Owner Jahnke Troy $375,000
Previous Owner Majdanski Richard W $408,750
Previous Owner Majdanski Richard W $350,400
Previous Owner Majdanski Richard W $284,000
Previous Owner Majdanski Richard W $231,000
Closed Jahnke Troy $135,000
Closed Grozav Gabriel $250,000
Closed Retreat Assisted Living Llc $857,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $3,000,000 -14.3% $353 / Sq Ft
10/24/2022 10/24/22 For Sale $3,500,000 0.0% $412 / Sq Ft
10/24/2022 10/24/22 Price Changed $3,500,000 0.0% $412 / Sq Ft
07/16/2022 07/16/22 For Sale $3,500,000 -- $412 / 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 $11,197 $164,108 -- --
2024 $11,058 $156,294 -- --
2023 $11,058 $246,120 $111,375 $134,745
2022 $0 $195,285 $74,640 $120,645
2021 $0 $194,220 $74,640 $119,580
2020 $0 $194,295 $74,340 $119,955
2019 $0 $186,360 $70,800 $115,560
2018 $0 $186,660 $48,816 $137,844
2017 $0 $133,290 $39,078 $94,212
2016 $0 $139,734 $48,780 $90,954
2015 -- $132,942 $54,261 $78,681
Source: Public Records

Agents Affiliated with this Home

  • Brian North

    Seller's Agent in 2022

    Brian North

    Compass

    (480) 250-6687

    2 in this area

    144 Total Sales

    Brian North
    Section Image
  • Robin Orscheln

    Seller Co-Listing Agent in 2022

    Robin Orscheln

    Compass

    (602) 380-8735

    1 in this area

    204 Total Sales

    Robin Orscheln
    Section Image
  • Jim Guinn

    Buyer's Agent in 2022

    Jim Guinn

    Prestige Realty

    (602) 944-2100

    5 in this area

    14 Total Sales

    Jim Guinn
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6435205

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-26-245

Arizona Maricopa County Scottsdale 85260 Shea Corridor

10031 E Desert Cove Ave, Scottsdale, AZ

This home is located at 10031 E Desert Cove Ave, Scottsdale, AZ 85260 since 04 August 2022 and is currently estimated at $3,500,930, approximately $411 per square foot. This property was built in 2010. 10031 E Desert Cove Ave is a home located in Maricopa County with nearby schools including Laguna Elementary School, Mountainside Middle School, and Desert Mountain High 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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