NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 2062 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $2,366,000 - $2,613,375

4 Beds
4 Baths
3,407 Sq Ft
$742/Sq Ft Est. Value

Last Sold April 06, 2020

Last sale price $1,325,000 $389 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $15,078/month

26 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 April 2020

Unique gated entry welcomes you to this comfortable and elegant southwest contemporary. Open and spacious living includes formal living room, expanded family room open to the convenient kitchen, private master suite, 3 guest suites including a detached casita. Expansive windows, tons of natural light. Fine finishes throughout. Lovely backyard expansive patio, heated pool and spa with cascading water feature, built-in barbecue, and spectacular mountain views. Desert Highlands world class amenities include a Jack Nicklaus championship golf course, 18-hole putting course award winning 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 Agent to Sell the Property

Nancy Sertich

Russ Lyon Sotheby's International Realty License #BR008725000 Listed on: 01/20/2020

Russ Lyon Sotheby's International Realty

Co-Listed By

Dena Bullard

Russ Lyon Sotheby's International Realty License #SA523035000

Last Buyer's Agent

Nancy Sertich

DESERT HIGHLANDS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,689

Year Built

  • Built in 1996

Lot Details

  • 0.49 Acre Lot
  • 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

  • $1,325 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 3,407 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Double Pane Windows
  • Mountain Views
  • Security System Owned

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 217-03-559

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Desert Highlands Association, Phone Number (480) 419-3745
  • Built by Edmunds
  • Desert Highlands Subdivision

Recreation

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

Additional Features

  • Recreation Room
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,689

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,325 per month

Parking

2

Listing Details

  • Cross Street: Pima & Happy Valley Road
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1325.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: Happy Valley east 1.2 miles to Golf Club Drive, north through Desert Highlands guard gate to Desert Highlands Dr, right to Desert Highlands Road, left to #2062.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.49
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: DESERT HIGHLANDS
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 1325.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, No Interior Steps, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3407.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • 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:Private Street(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Pool Htd, Guarded Entry, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association Fee: 1325.0
  • 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: 500.0
  • 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: 100.0
  • 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: 21372.0
  • Parcel #: 217-03-559

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Edmunds

Tax Info

  • Tax Annual Amount: 4689.0
  • Tax Book Number: 217.00
  • Tax Lot: 62
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Mar 20, 2020
Sold by
Mooney Pamela A
Bought by
Zimmerman Patricia Miles and Zimmerman Patricia Miles
Seller's Agent
Nancy Sertich
Russ Lyon Sotheby's International Realty
Buyer's Agent
Nancy Sertich
Russ Lyon Sotheby's International Realty
List Price
$1,350,000
Sold Price
$1,325,000
Premium/Discount to List
-$25,000
-1.85%
Current Estimated Value
$2,528,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,203,344
Avg. Annual Appreciation
12.55%
Original Mortgage
$927,500
Outstanding Balance
$818,878
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,710,609

Purchase Details

Closed on
Jan 11, 2006
Sold by
Nacht Lynn and Friedman Lynn
Bought by
Mooney Richard J and Mooney Pamela A

Purchase Details

Closed on
Oct 24, 2005
Sold by
Nacht A Leonard
Bought by
Nacht Lynn L

Purchase Details

Closed on
Apr 3, 2000
Sold by
Harper Mark R and Harper Jan L
Bought by
Friedman Daniel and Friedman Lynn

Purchase Details

Closed on
Feb 6, 1997
Sold by
Edmunds Toll Ltd Partnership
Bought by
Harper Mark R and Harper Jan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 1996
Sold by
Dmb Property Ventures Ltd Partnership
Bought by
Edmunds Toll Ltd Partnership
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Zimmerman Patricia Miles $1,325,000 First Arizona Title Agency
Mooney Richard J $1,100,000 Equity Title Agency Inc
Nacht Lynn L -- --
Friedman Daniel $625,000 Ati Title Agency
Harper Mark R $365,489 Stewart Title & Trust
Edmunds Toll Ltd Partnership $82,896 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Patricia Miles $927,500
Previous Owner Harper Mark R $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2020 04/06/20 Sold $1,325,000 -1.9% $389 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $1,350,000 -- $396 / 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 $102,359 -- --
2024 $4,647 $97,485 -- --
2023 $4,647 $135,600 $27,120 $108,480
2022 $4,486 $102,660 $20,530 $82,130
2021 $4,922 $100,160 $20,030 $80,130
2020 $4,868 $101,180 $20,230 $80,950
2019 $4,689 $97,460 $19,490 $77,970
2018 $4,550 $91,980 $18,390 $73,590
2017 $4,364 $94,080 $18,810 $75,270
2016 $4,338 $90,910 $18,180 $72,730
2015 $4,124 $81,610 $16,320 $65,290
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    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 2020

    Dena Bullard

    Russ Lyon Sotheby's International Realty

    (480) 585-7222

    63 in this area

    80 Total Sales

    Dena Bullard
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6026409

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-03-559

Arizona Maricopa County Scottsdale 85255 Desert Highlands

10040 E Happy Valley Rd Unit 2062, Scottsdale, AZ

This home is located at 10040 E Happy Valley Rd Unit 2062, Scottsdale, AZ 85255 since 20 January 2020 and is currently estimated at $2,528,344, approximately $742 per square foot. This property was built in 1996. 10040 E Happy Valley Rd Unit 2062 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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