$4,275,000
SOLD FEB 24, 2022

10040 E Happy Valley Rd Unit 18 Scottsdale, AZ 85255

Desert Highlands Neighborhood
4 Beds
5 Baths
6,189 Sq Ft
0.66 Acres

Recently Sold

$691 Per Sq Ft

3% Below List Price

153 Days on Market

Highlights

  • Concierge
  • 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 February 2022

This home is located at 10040 E Happy Valley Rd Unit 18, Scottsdale, AZ 85255 and is currently priced at $4,275,000, approximately $690 per square foot. This property was built in 2006. 10040 E Happy Valley Rd Unit 18 is a home located in Maricopa County with nearby schools including Desert Sun Academy, Sonoran Trails Middle School, and Cactus Shadows High School.

Last Agent to Sell the Property

Josh Peters

Realty ONE Group License #SA640957000 Listed on: 09/17/2021

Realty ONE Group

Co-Listed By

Monroe Zuber

Realty ONE Group License #SA678963000

Last Buyer's Agent

Michelle Macklin

Engel & Voelkers Scottsdale License #SA546332000

Engel & Voelkers Scottsdale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,945

Year Built

  • Built in 2006

Lot Details

  • 0.66 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Private Yard

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Designed by German Robledo Architects
  • Contemporary Architecture
  • Santa Fe Architecture
  • Wood Frame Construction
  • Spray Foam Insulation
  • Foam Roof
  • Stucco

Interior Spaces

  • 6,189 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Two Way Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Wood Flooring
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • 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

  • Central Air
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 18 / 026
  • Assessor Parcel Number 217-04-026

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Desert Highlands Association, Phone Number (480) 419-3745
  • Built by Arterra Custom Homes
  • Desert Highlands Phase 1 Subdivision

Amenities

  • Concierge
  • 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

$8,945

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,500 per month

Parking

3

Listing Details

  • Cross Street: Happy Valley Road and Pima Road
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: German Robledo
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1500.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Tax Year: 2021
  • Directions: From Pima & Happy Valley Road, Go East on Happy Valley Road. The Guard House and main entrance is just over a mile from Pima on the north side of the road. Guard to provide further directions.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.66
  • Co List Office Mls Id: rets001
  • Co List Office Phone: 602-842-0000
  • Subdivision Name: DESERT HIGHLANDS PHASE 1
  • Architectural Style: Contemporary, Territorial/Santa Fe
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 1500.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Two Way Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 6189.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: 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 Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, On Golf Course, Cul-De-Sac
  • Pool Features: Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • 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
  • Construction:Spray Foam Insulatn: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Pool Htd, Community Pool, Guarded Entry, Concierge, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association Fee: 1500.0
  • 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

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 28621.0
  • Parcel #: 217-04-026

Building Info

  • Builder Name: Arterra Custom Homes

Tax Info

  • Tax Annual Amount: 8945.0
  • Tax Block: 026
  • Tax Book Number: 217.00
  • Tax Lot: 18
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Feb 22, 2022
Sold by
Luxsanna Llc
Bought by
2050 N Main Llc
Seller's Agent
Josh Peters
Realty ONE Group
Buyer's Agent
Michelle Macklin
Engel & Voelkers Scottsdale
List Price
$4,395,000
Sold Price
$4,275,000
Premium/Discount to List
-$120,000
-2.73%
Current Estimated Value
$4,095,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$179,782
Avg. Annual Appreciation
-1.20%

Purchase Details

Listed on
Oct 17, 2019
Closed on
Aug 27, 2020
Sold by
Casden Alan I and Casden Susan Dedmon
Bought by
Luxsanna Llc
Seller's Agent
Justin Shea
Engel & Voelkers Scottsdale
Buyer's Agent
Waseem Hamadeh
Venture REI, LLC
List Price
$1,250,000
Sold Price
$1,075,000
Premium/Discount to List
-$175,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
154.15%
Original Mortgage
$900,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 12, 2015
Closed on
Apr 5, 2016
Sold by
Gilbard Steven M and Gilbard Lauren M
Bought by
Dedmon Casden Alan I and Dedmon Casden Susan
Seller's Agent
Frank Aazami
Russ Lyon Sotheby's International Realty
Buyer's Agent
Justin Shea
Engel & Voelkers Scottsdale
List Price
$2,700,000
Sold Price
$1,800,000
Premium/Discount to List
-$900,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.10%
Original Mortgage
$675,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1999
Sold by
Schneider Philip F and Schneider Nancy C
Bought by
Gilbard Steven M and Gilbard Lauren M
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $4,275,000 Title Alliance Platinum Agency
Warranty Deed $1,075,000 Premier Title Agency
Warranty Deed $1,800,000 Old Republic Title Agency
Cash Sale Deed $238,000 First American Title
Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,289,030 New Conventional
Previous Owner $900,000 Commercial
Previous Owner $675,000 New Conventional
Previous Owner $1,500,000 Unknown
Previous Owner $295,000 Unknown
Previous Owner $1,122,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $4,275,000 -2.7% $691 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $4,395,000 0.0% $710 / Sq Ft
01/06/2022 01/06/22 Price Changed $4,395,000 +2.8% $710 / Sq Ft
10/01/2021 10/01/21 Off Market $4,275,000 -- --
09/30/2021 09/30/21 Price Changed $4,199,000 +5.2% $678 / Sq Ft
08/24/2021 08/24/21 For Sale $3,990,000 +271.2% $645 / Sq Ft
08/31/2020 08/31/20 Sold $1,075,000 -14.0% $174 / Sq Ft
06/07/2020 06/07/20 For Sale $1,250,000 +16.3% $202 / Sq Ft
06/01/2020 06/01/20 Off Market $1,075,000 -- --
04/28/2020 04/28/20 Price Changed $1,250,000 -10.7% $202 / Sq Ft
03/02/2020 03/02/20 Price Changed $1,399,000 -6.7% $226 / Sq Ft
01/02/2020 01/02/20 For Sale $1,500,000 +39.5% $242 / Sq Ft
01/01/2020 01/01/20 Off Market $1,075,000 -- --
10/17/2019 10/17/19 For Sale $1,500,000 -16.7% $242 / Sq Ft
04/14/2016 04/14/16 Sold $1,800,000 -19.4% $288 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
01/06/2016 01/06/16 Price Changed $2,234,000 0.0% $357 / Sq Ft
12/22/2015 12/22/15 Price Changed $2,235,000 -4.9% $357 / Sq Ft
12/05/2015 12/05/15 Price Changed $2,349,000 0.0% $376 / Sq Ft
11/19/2015 11/19/15 Price Changed $2,350,000 -2.1% $376 / Sq Ft
11/09/2015 11/09/15 Price Changed $2,400,000 -1.8% $384 / Sq Ft
11/07/2015 11/07/15 Price Changed $2,444,000 -0.2% $391 / Sq Ft
10/31/2015 10/31/15 Price Changed $2,450,000 -2.0% $392 / Sq Ft
10/19/2015 10/19/15 Price Changed $2,500,000 -7.4% $400 / Sq Ft
10/12/2015 10/12/15 For Sale $2,700,000 -- $432 / 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 $4,811 $102,358 -- --
2024 $7,117 $97,483 -- --
2023 $7,117 $170,350 $34,070 $136,280
2022 $6,879 $130,030 $26,000 $104,030
2021 $8,945 $133,570 $26,710 $106,860
2020 $10,066 $145,730 $29,140 $116,590
2019 $10,344 $147,030 $29,400 $117,630
2018 $10,196 $141,920 $28,380 $113,540
2017 $10,329 $142,180 $28,430 $113,750
2016 $9,875 $140,570 $28,110 $112,460
2015 $10,173 $145,960 $29,190 $116,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6283886

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-026