NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 230 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $2,422,000 - $3,048,000

3 Beds
3.5 Baths
3,650 Sq Ft
$755/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $1,650,000 $452 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $16,374/month

396 Days on Market

Highlights

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

About This Home

As of August 2020

Situated along the 3rd fairway is this masterpiece of design by Martin Layne. Charming courtyard entry, open formal living and dining overlooking the backyard and spectacular views, gourmet kitchen with adjacent morning room and breakfast room, private master suite, 2 guest suites, unique Arizona room. Quality craftsmanship and attention to detail including limestone, flagstone, venetian plaster, hand crafted doors and cabinets. Resort-like backyard with heated pool, built-in bbq and endless views. Desert Highlands world class amenities include a Jack Nicklaus championship golf course, 18-hole putting course, award winning and 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 Agent to Sell the Property

Nancy Sertich

Russ Lyon Sotheby's International Realty License #BR008725000 Listed on: 06/07/2019

Russ Lyon Sotheby's International Realty

Co-Listed By

Dena Bullard

Russ Lyon Sotheby's International Realty License #SA523035000

Last Buyer's Agent

Lesley Vann

Russ Lyon Sotheby's International Realty License #SA654490000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,479

Year Built

  • Built in 2002

Lot Details

  • 0.65 Acre Lot
  • On Golf Course
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

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

  • 3,650 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Heated Pool
  • Covered Patio or Porch

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 230
  • Assessor Parcel Number 217-04-241

Community Details

Overview

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

$6,479

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,325 per month

Parking

2

Listing Details

  • Cross Street: Pima and Happy Valley Rd
  • 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
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: garg
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: dish
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: AzRm
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Tax Year: 2019
  • Directions: Happy Valley east 1.2 miles to Golf Club Drive, north through Desert Highlands guard gate to Desert Highlands Dr, left to Desert Broom Dr, right to Desert Willow Dr, right to #230 on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.65
  • 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
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 3650.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Community Features:ClubhouseRec Room: 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:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • 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: 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:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned, Security Guard
  • 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: 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: 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: 28315.0
  • Parcel #: 217-04-241

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Layne Scotto Construction

Tax Info

  • Tax Annual Amount: 6479.0
  • Tax Book Number: 217.00
  • Tax Lot: 230
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Aug 12, 2020
Sold by
Mills Charles N and Mills Lynn B
Bought by
Kelso Duncan M and Kelso Nancy Wilkinson
Seller's Agent
Nancy Sertich
Russ Lyon Sotheby's International Realty
Buyer's Agent
Lesley Vann
Russ Lyon Sotheby's International Realty
List Price
$1,875,000
Sold Price
$1,650,000
Premium/Discount to List
-$225,000
-12%
Current Estimated Value
$2,757,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,107,312
Avg. Annual Appreciation
10.36%
Original Mortgage
$400,000
Outstanding Balance
$358,006
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,374,798

Purchase Details

Closed on
Jun 12, 2008
Sold by
Tidwell Donald
Bought by
Tidwell Betsy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2008
Sold by
Citibank Na
Bought by
Tidwell Betsy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2007
Sold by
Matura James C and Matura Marilyn A
Bought by
Mills Charles N and Mills Lynn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2005
Sold by
Matura James C and Matura Marilyn A
Bought by
Matura James C and Matura Marilyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$985,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2003
Sold by
Matura James C and Matura Marilyn A
Bought by
Matura James C and Matura Marilyn A

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
5.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 4, 2003
Sold by
Matura James C and Matura Marilyn A
Bought by
Matura James C and Matura Marilyn A

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
5.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 28, 2000
Sold by
Matura James C and Matura Marilyn A
Bought by
Matura James C and Matura Marilyn A
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
Kelso Duncan M $1,650,000 Pioneer Title Agency Inc
Tidwell Betsy C -- Fidelity National Title
Tidwell Betsy C $710,000 Fidelity National Title
Mills Charles N $2,350,000 First American Title Ins Co
Matura James C -- Chicago Title Insurance Co
Matura James C -- Chicago Title Insurance Co
Matura James C -- Chicago Title Insurance Co
Matura James C -- Chicago Title Insurance Co
Matura James C -- --
Matura James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelso Duncan M $400,000
Previous Owner Tidwell Betsy C $417,000
Previous Owner Tidwell Betsy C $417,000
Previous Owner Mills Charles N $500,000
Previous Owner Matura James C $985,000
Previous Owner Matura James C $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $1,650,000 -12.0% $452 / Sq Ft
06/02/2020 06/02/20 For Sale $1,875,000 +13.6% $514 / Sq Ft
06/02/2020 06/02/20 Off Market $1,650,000 -- --
10/05/2019 10/05/19 Price Changed $1,875,000 -6.0% $514 / Sq Ft
06/07/2019 06/07/19 For Sale $1,995,000 -- $547 / 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 $5,852 $122,048 -- --
2024 $5,657 $116,237 -- --
2023 $5,657 $139,860 $27,970 $111,890
2022 $5,464 $105,430 $21,080 $84,350
2021 $6,331 $106,400 $21,280 $85,120
2020 $6,627 $106,000 $21,200 $84,800
2019 $6,698 $105,980 $21,190 $84,790
2018 $6,479 $100,630 $20,120 $80,510
2017 $6,463 $99,830 $19,960 $79,870
2016 $6,749 $98,630 $19,720 $78,910
2015 $6,706 $102,350 $20,470 $81,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5937098

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-241