NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 1049 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $3,957,459

4 Beds
4.5 Baths
4,992 Sq Ft
$793/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $1,999,000 $400 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $24,291/month

112 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Heated Spa
  • Sonoran Trails Middle School Rated A-
  • Gated with Attendant
  • 1-minute walk to Pinnacle Peak Park

About This Home

As of July 2018

Outdoor living at its best with numerous entertaining and conversation areas, taking advantage of the sensational mountain setting and breathtaking views. Nestled at the base of Pinnacle Peak in the exclusive enclave of the Hillside Villa Estates, this masterpiece combines a unique design by Lash McDaniel with outstanding craftsmanship and attention to detail throughout. Views from near every living area include the formal living room, dining room, gourmet kitchen, family room, luxurious master suite, 3 guest suites + office. Desert Highlands world class 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 close of escrow.

Last Listed By

Nancy Sertich

Russ Lyon Sotheby's International Realty License #BR008725000 Listed on: 02/09/2018

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,802

Year Built

  • Built in 1997

Lot Details

  • 0.65 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • Property has a Home Owners Association

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 4,992 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 217-03-495

Community Details

Overview

  • Desert Highlands Association, Phone Number (480) 419-3745
  • Built by LAYNE
  • 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

$9,802

Year Built

Built in 1997

Lot Details

0

HOA Fees

$1,225 per month

Parking

3

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: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1997
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: Happy Valley east 1.2 miles to Golf Club Dr. North through Desert Highlands guard gate to Desert Highlands Dr., right to Christmas Cholla Dr, left to Cholla Garden Dr, right into cul-de-sac to #1049.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.65
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: DESERT HIGHLANDS
  • Efficiency: Multi-Zones, Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1225.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Bidet, Double Vanity, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 4992.0
  • 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
  • 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
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: 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, Cul-De-Sac, Natural Desert Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: Community, Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • 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:Private Street(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned, Gated Community, Security Guard
  • Water Source: City Water
  • Heating:Natural Gas: 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: 28346.0
  • Parcel #: 217-03-495
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: LAYNE

Tax Info

  • Tax Annual Amount: 9802.0
  • Tax Book Number: 217.00
  • Tax Lot: 49
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Jun 19, 2018
Sold by
Legacy Residential Llc
Bought by
Oldach Glenn
Seller's Agent
Nancy Sertich
Russ Lyon Sotheby's International Realty
Buyer's Agent
Shawn Rimer
Russ Lyon Sotheby's International Realty
List Price
$2,300,000
Sold Price
$1,999,000
Premium/Discount to List
-$301,000
-13.09%
Total Days on Market
112
Current Estimated Value
$3,957,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,958,459
Avg. Annual Appreciation
10.56%

Purchase Details

Closed on
May 18, 2004
Sold by
Madden Robert E and Madden Terry L
Bought by
Legacy Residential Llc

Purchase Details

Closed on
Feb 20, 1995
Sold by
Inglehart William A
Bought by
Madden Robert E and Madden Terry L

Range of Values:

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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
Oldach Glenn $1,999,000 First Arizona Title Agency L
Legacy Residential Llc $1,700,000 First American Title Ins Co
Madden Robert E $555,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Legacy Residential Llc $15,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $1,999,000 0.0% $400 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
04/09/2018 04/09/18 Price Changed $1,999,000 -13.1% $400 / Sq Ft
01/24/2018 01/24/18 For Sale $2,300,000 -- $461 / 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 $10,978 $199,344 -- --
2024 $10,500 $189,852 -- --
2023 $10,500 $213,100 $42,620 $170,480
2022 $10,115 $177,180 $35,430 $141,750
2021 $10,983 $165,400 $33,080 $132,320
2020 $10,789 $156,450 $31,290 $125,160
2019 $10,465 $161,380 $32,270 $129,110
2018 $10,178 $167,550 $33,510 $134,040
2017 $9,802 $175,420 $35,080 $140,340
2016 $9,759 $145,570 $29,110 $116,460
2015 $9,228 $122,380 $24,470 $97,910
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

    68 in this area

    81 Total Sales

    Nancy Sertich
    Section Image

  • D

    Seller Co-Listing Agent in 2018

    Dena Bullard

    Russ Lyon Sotheby's International Realty

    (480) 585-7222

    68 in this area

    83 Total Sales

    Dena Bullard
    Section Image
  • Shawn Rimer

    Buyer's Agent in 2018

    Shawn Rimer

    Russ Lyon Sotheby's International Realty

    (602) 920-1003

    1 in this area

    74 Total Sales

    Shawn Rimer
    Section Image
  • Tim Floor

    Buyer Co-Listing Agent in 2018

    Tim Floor

    Russ Lyon Sotheby's International Realty

    (602) 616-1989

    102 Total Sales

    Tim Floor
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5720973

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-03-495

Arizona Maricopa County Scottsdale 85255 Desert Highlands

10040 E Happy Valley Rd Unit 1049, Scottsdale, AZ

Homes for Sale in Scottsdale, AZ

This home is located at 10040 E Happy Valley Rd Unit 1049, Scottsdale, AZ 85255 since 09 February 2018 and is currently priced at $3,957,459, approximately $792 per square foot. This property was built in 1997. 10040 E Happy Valley Rd Unit 1049 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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