$1,075,000
SOLD AUG 31, 2020

10040 E Happy Valley Rd Unit 18 Scottsdale, AZ 85255

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

Recently Sold

$174 Per Sq Ft

14% Below List Price

285 Days on Market

Highlights

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

About This Home

As of February 2022

One of the most private lots with incredible equity opportunity — a German Robledo and Arterra Custom Homes masterpiece on a cul-de-sac with golf course, Troon Mountain, McDowell Mountains & Pinnacle Peak Views. Hand-applied plaster throughout, hand-selected, dead-standing beams, parallel latilla, viga & barrel vault ceilings, engineered low voltage lighting plan & fixtures, Rocky Mountain & Von Morris Hardware, 7 hand-built, masonry fireplaces, hand-made clay tile & custom fixtures from Firefly Lighting, hand-crafted Alder casement windows, 7' hand-carved Alder doors throughout, 8' handmade Mahogany front door, 14' ceilings + more. Sold mid-construction, the design & completion of the kitchen, master bathroom, & pool remaining.

Last Agent to Sell the Property

Justin Shea

Engel & Voelkers Scottsdale License #SA627714000

Engel & Voelkers Scottsdale

Last Buyer's Agent

Waseem Hamadeh

Venture REI, LLC License #BR564116000

Venture REI, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,344

Year Built

  • Built in 2006 | Under Construction

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
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $1,275 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

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

Interior Spaces

  • 6,189 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Stone Flooring

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Fire Sprinkler System

Outdoor Features

  • Private 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
  • Water Softener
  • 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) 419-3712
  • Built by Arterra Custom Homes
  • Desert Highlands Subdivision

Amenities

  • Concierge
  • 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

$10,344

Year Built

Built in 2006 | Under Construction

Lot Details

0

HOA Fees

$1,275 per month

Parking

3

Listing Details

  • Cross Street: Happy Valley Road and Pima Road
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: German Robledo
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1275.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Tax Year: 2019
  • Directions: From Pima and Happy Valley Road, Turn East on Happy Valley Road. Guard House and main entrance is just over a mile from Pima on the north side of the road. Guard to provide further community direction
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.66
  • Subdivision Name: Desert Highlands
  • Architectural Style: Other (See Remarks), Territorial/Santa Fe
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1275.0
  • Special Features: None

Interior Features

  • Flooring: Stone
  • Basement YN: No
  • Spa Features: None
  • 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: Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Central Vacuum, Elevator, Fire Sprinklers, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 6189.0
  • Stories: 2
  • Window Features: Dual Pane, Wood Frames
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Community Features:Gated Community2: 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
  • 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:Walk-in Pantry: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Fireplace:Two Way Fireplace: Yes
  • Community Features:Concierge: Yes
  • Kitchen Features:None42: 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, Cul-De-Sac, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood, Spray Foam Insulation
  • Other Structures: Guest House
  • Property Condition: Under Construction, Fixer
  • 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:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes
  • Construction Status:Under Construction: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Programmable Thmstat, Refrigeration
  • Heating: Electric
  • Security: Security System Owned, Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Pool Htd, Community Pool, Guarded Entry, Golf, Concierge, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Rental OK (See Rmks), Self Managed
  • Association Fee: 1275.0
  • Association Fee Frequency: Monthly
  • Association Name: Desert Highlands
  • Phone: 480-419-3712
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 500.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Desert Highlands
  • Association Fees:HOA Telephone4: 480-419-3712
  • 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
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Arterra Custom Homes

Tax Info

  • Tax Annual Amount: 10344.0
  • 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
Platinum Living Realty
List Price
$4,395,000
Sold Price
$4,275,000
Premium/Discount to List
-$120,000
-2.73%
Total Days on Market
285
Current Estimated Value
$4,220,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,897
Avg. Annual Appreciation
-0.40%

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

Map

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 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

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

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5993098

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-026