NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 1012 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $2,740,000 - $3,193,000

3 Beds
3.5 Baths
4,064 Sq Ft
$729/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $975,000 $240 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $16,185/month

672 Days on Market

Highlights

  • Guest House
  • On Golf Course
  • Gated with Attendant
  • Sonoran Trails Middle School Rated A-
  • Fitness Center
  • 1-minute walk to Pinnacle Peak Park

About This Home

As of August 2018

COMPELLING PRICE REDUCTION. SELLER WANTS SOLD! LOCATED IN THE EXCLUSIVE ENCLAVE OF THE HILLSIDE VILLA ESTATES! Unique home featuring an open floor plan, large living room with wet bar, formal dining room, open gourmet kitchen, guest suite & separate guest house w/private patio. Situated in the romantic Hillside Villa Estates, updated and pristine, this home captures exquisite architectural design and spectacular finishes throughout. Breathtaking city light and mountain views with south facing patio. w/fireplace,built-in BBQ and pebble tec pool. Desert Highlands amenities include a Jack Nicklaus championship golf course, 18-hole putting course, newly designed clubhouse, state of the art fitness center, Highlands Racquet Club & more. A $75,000 membership fee is due from Buyer at COE.

Last Agent to Sell the Property

Nancy Sertich

Russ Lyon Sotheby's International Realty License #BR008725000 Listed on: 10/05/2016

Russ Lyon Sotheby's International Realty

Co-Listed By

Dena Bullard

Russ Lyon Sotheby's International Realty License #SA523035000

Last Buyer's Agent

Sandra Barrett

HomeSmart License #BR007843000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,379

Year Built

  • Built in 1995

Lot Details

  • 0.29 Acre Lot
  • On Golf Course
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 4,064 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 3 Fireplaces

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire Sprinkler System

Outdoor Features

  • Heated Pool
  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 217-03-482

Community Details

Overview

  • Property has a Home Owners Association
  • Desert Highlands Association, Phone Number (480) 419-3745
  • Built by Centurion
  • Desert Highlands Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Heated Community Pool
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,379

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Pima & Happy Valley Road
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1225.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2017
  • Directions: East on Happy Valley 1.2 miles to Golf Club Dr, north through guard gate to Desert Highlands Drive, right to Christmas Cholla Drive, left to Cholla Garden Dr, left to #1012.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.29
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: Desert Highlands
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1225.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Wood
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Upstairs, Walk-In Closet(s), Elevator, Fire Sprinklers, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 4064.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Community, Heated, Private
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Other Structures: Guest House
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned, Gated Community, Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Guarded Entry, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Self Managed
  • Association Fee Frequency: Monthly
  • Association Name: Desert Highlands
  • Phone: 480-419-3745
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Desert Highlands
  • Association Fees:HOA Telephone4: 480-419-3745
  • 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_: $
  • Association Fee Incl:Street Maint: Yes

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12634.0
  • Parcel #: 217-03-482
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Centurion

Tax Info

  • Tax Annual Amount: 8379.0
  • Tax Book Number: 217.00
  • Tax Lot: 12
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2016
Closed on
Jul 31, 2018
Sold by
Mandrusiak Holdings Ltd
Bought by
Korcheck Stephen M and Korcheck Karen E
Seller's Agent
Nancy Sertich
Russ Lyon Sotheby's International Realty
Buyer's Agent
Sandra Barrett
HomeSmart
List Price
$1,399,000
Sold Price
$975,000
Premium/Discount to List
-$424,000
-30.31%
Current Estimated Value
$2,961,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,986,649
Avg. Annual Appreciation
16.44%

Purchase Details

Closed on
Jun 30, 2010
Sold by
Nassikas Rebecca Bowman and Rebecca Bowman Nassikas Trust
Bought by
Mandrusiak Holdings Ltd

Purchase Details

Closed on
Nov 14, 2005
Sold by
Head Donald R and Head Constance J
Bought by
Nassikas Rebecca Bowman

Purchase Details

Closed on
Jan 31, 2003
Sold by
Head Donald R and Head Constance J
Bought by
Head Donald R and Head Constance J

Purchase Details

Closed on
Nov 18, 2002
Sold by
Head Donald R and Head Constance J
Bought by
Head Donald R and Head Constance J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.12%

Purchase Details

Closed on
Aug 26, 2002
Sold by
Head Donald R and Head Constance J
Bought by
Head Donald R and Head Constance J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.5%

Purchase Details

Closed on
Oct 22, 2001
Sold by
Head Donald and Head Constance
Bought by
Head Donald and Head Constance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.75%

Purchase Details

Closed on
Mar 8, 2001
Sold by
Head Donald R and Head Constance J
Bought by
Head Donald R and Head Constance J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.75%

Purchase Details

Closed on
Mar 27, 1997
Sold by
Head Donald R and Head Constance J
Bought by
Head Donald R and Head Constance J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.56%

Purchase Details

Closed on
May 9, 1994
Sold by
First American Title Insurance Company
Bought by
Head Donald R and Head Constance J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.53%
Mortgage Type
Seller Take Back
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
Korcheck Stephen M $975,000 First American Title Insuran
Mandrusiak Holdings Ltd $1,200,000 Equity Title Agency Inc
Nassikas Rebecca Bowman $1,545,000 Capital Title Agency Inc
Head Donald R -- Capital Title Agency Inc
Head Donald R -- Capital Title Agency Inc
Head Donald R -- Capital Title Agency Inc
Head Donald R -- Capital Title Agency
Head Donald R -- Capital Title Agency
Head Donald -- Capital Title Agency
Head Donald -- Capital Title Agency
Head Donald R -- Capital Title Agency
Head Donald R -- Capital Title Agency
Head Donald R -- Capital Title Agency
Head Donald R -- Capital Title Agency
Head Donald R $235,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Head Donald R $650,000
Previous Owner Head Donald R $700,000
Previous Owner Head Donald $700,000
Previous Owner Head Donald R $700,000
Previous Owner Head Donald R $200,000
Previous Owner Head Donald R $105,000
Closed Head Donald R $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $975,000 -18.4% $240 / Sq Ft
06/28/2018 06/28/18 Price Changed $1,195,000 -7.7% $294 / Sq Ft
05/30/2017 05/30/17 Price Changed $1,295,000 -7.4% $319 / Sq Ft
09/26/2016 09/26/16 For Sale $1,399,000 -- $344 / 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 $6,527 $118,512 -- --
2024 $6,242 $112,868 -- --
2023 $6,242 $154,530 $30,900 $123,630
2022 $6,014 $126,820 $25,360 $101,460
2021 $6,530 $97,500 $19,500 $78,000
2020 $6,735 $97,500 $19,500 $78,000
2019 $8,919 $126,770 $25,350 $101,420
2018 $8,700 $124,570 $24,910 $99,660
2017 $8,379 $124,810 $24,960 $99,850
2016 $8,342 $117,260 $23,450 $93,810
2015 $7,888 $104,610 $20,920 $83,690
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nancy Sertich

    Russ Lyon Sotheby's International Realty

    (480) 585-7222

    62 in this area

    73 Total Sales

    Nancy Sertich
    Section Image

  • D

    Seller Co-Listing Agent in 2018

    Dena Bullard

    Russ Lyon Sotheby's International Realty

    (480) 585-7222

    63 in this area

    80 Total Sales

    Dena Bullard
    Section Image
  • Sandra Barrett

    Buyer's Agent in 2018

    Sandra Barrett

    HomeSmart

    (480) 628-5636

    35 Total Sales

    Sandra Barrett
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5506752

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-03-482

Arizona Maricopa County Scottsdale 85255 Desert Highlands

10040 E Happy Valley Rd Unit 1012, Scottsdale, AZ

This home is located at 10040 E Happy Valley Rd Unit 1012, Scottsdale, AZ 85255 since 05 October 2016 and is currently estimated at $2,961,649, approximately $728 per square foot. This property was built in 1995. 10040 E Happy Valley Rd Unit 1012 is a home located in Maricopa County with nearby schools including Desert Sun Academy, Sonoran Trails Middle School, and Cactus Shadows 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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