NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 245 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $2,076,000 - $2,242,000

3 Beds
3 Baths
3,007 Sq Ft
$713/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $675,000 $224 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $11,717/month

104 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 May 2012

Price Reduced over $500,000 from Original List Price * Contemporary remodel in Desert Highlands * NO INTERIOR STEPS * Floorplan includes an open and bright great room, large master suite, and remodeled kitchen with SS appliances * Perfect for indoor/outdoor entertaining * Exquisite landscaping with mountain views and resort-style pool/spa * Home finishes and surfaces include travertine flooring, granite slab counters, hand-hammered copper, marble and glass * The Desert Highlands experience includes a Jack Nicklaus Signature golf course, 18-hole putting course, award winning clubhouse, Racquet Club with clay/grass surfaces, fitness center ++ * A $75,000 membership fee is due from buyer at close of escrow *

Last Agent to Sell the Property

Jay Pennypacker

The Noble Agency License #SA629903000 Listed on: 01/07/2012

Co-Listed By

Daniel Wolski

Russ Lyon Sotheby's International Realty License #SA555961000

Last Buyer's Agent

Howard Kotzen

HomeSmart License #SA540372000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,666

Year Built

  • Built in 1994

Lot Details

  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Desert Landscape
  • Private Yard

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 3,007 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Skylights
  • Gas Fireplace
  • Solar Screens
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Separate Bedroom Exit
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Home Security

  • Security System Owned
  • Fire Sprinkler System

Parking

  • 3 Car Garage
  • Garage Door Opener

Pool

  • Heated Spa
  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Water Filtration System
  • Water Softener is Owned
  • High Speed Internet
  • Multiple Phone Lines
  • Cable TV Available

Additional Features

  • No Interior Steps
  • North or South Exposure

Community Details

Overview

  • $3,191 per year Dock Fee
  • Association fees include common area maintenance, street maintenance
  • Desert Highlands HOA, Phone Number (480) 419-3700
  • Built by Custom

Recreation

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

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,666

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Tax Municipality: Scottsdale
  • Cross Street: Pima & Happy Valley Road
  • Legal Info Lot Number: 245
  • Legal Info Range: 5E
  • Legal Info Section: 6
  • Legal Info Township: 4N
  • Property Type: A
  • Technology: 3+ Exist Tele Lines, Cable TV Avail, High Speed Internet Available, Security Sys Owned
  • Assessor Parcel Number: 50.00
  • Hundred Block: 25000
  • Legal Description Abbrev: DESERT HIGHLANDS PHASE 1
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst, Othr Bdr Walkin Clst, Separate Bdrm Exit
  • Architecture: Contemporary
  • Assessor Parcel Number: 217-04-050
  • HOA Association Fee: 1025.00
  • HOA Name: Desert Highlands
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480-419-3700
  • HOA Fees: Y
  • Total Monthly Fee Equivalent: 1025.00
  • Association Rules: Prof Managed
  • Construction Finish: Painted, Stone, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 33RDXPSO3G
  • Energy Green Features: Multi-Zones
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2008
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2008
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2008
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2008
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2008
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2008
  • Map Code Grid: J38
  • Primary Bathroom Type: Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub
  • Numberof Interior Levels: 1
  • Parking Spaces Garage Spaces: 3.00
  • Parking Spaces Total Covered Spaces: 3.00
  • Price per Sq Ft: 224.47
  • Property Group Id: 19990816212109142258000000
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1994
  • Tax Year: 2011
  • Directions: Take Happy Valley Road east from Pima Road for 1.2 miles to Golf Club Drive * North through guard gate to Desert Highlands Drive, left to Desert Willow Drive, left to Cottontail Lane, right to Lot 245
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Features: 9+ Flat Ceilings, Drink Wtr Filter Sys, Fire Sprinklers, No Interior Steps, Skylight(s), Water Softener Owned
  • Bedrooms: 3
  • Bedrooms Plus: 4.00
  • Other Rooms: Great Room
  • Bathrooms: 3.00
  • Laundry: Dryer Included, Stacked Washer/Dryer, Washer Included
  • Flooring: Carpet, Stone
  • Fireplace: 3+ Fireplace, Firepit, Fireplace Living Rm, Fireplace Master Bdr, Gas Fireplace
  • Dining Area: Breakfast Bar, Formal
  • Estimated Lot Sq Ft: 25366.00
  • Estimated Sq Ft: 3007.00
  • Kitchen Features: Built-in Microwave, Cook Top Elec, Dishwasher, Disposal, Granite Countertops, Kitchen Island, Multiple Ovens, Pantry, Refrigerator, Wall Oven(s)
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 1
  • Pool: Both Private & Community
  • Spa: Heated, Private
  • Landscaping: Auto Timer H2O Back, Auto Timer H2O Front, Desert Back, Desert Front, Yrd Wtring Sys Back, Yrd Wtring Sys Front
  • Roofing: Built-Up
  • Fencing: Block
  • Construction: Frame - Wood
  • Windows: Sunscreen(s)
  • Exterior Features: Built-in BBQ, Covered Patio(s), Patio, Private Street(s), Pvt Yrd(s)/Crtyrd(s)
  • Pool Private: Heated, Private

Garage/Parking

  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Separate Strge Area

Utilities

  • Water: City Water
  • Utilities: APS, SW Gas
  • Cooling: Refrigeration
  • Heating: Electric

Condo/Co-op/Association

  • Services: City Services
  • Community Features: Biking/Walking Path, Clubhouse/Rec Room, Comm Tennis Court(s), Community Pool, Community Pool Htd, Community Spa, Community Spa Htd, Gated Community, Golf Course, Guarded Entry, On-Site Guard, Workout Facility
  • Fee Include: Common Area Maint, Street Maint

Schools

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

Lot Info

  • Property Description: Mountain View(s), North/South Exposure

Building Info

  • Builder Name: Custom

Tax Info

  • Taxes: 3191.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2012
Closed on
May 18, 2012
Sold by
Mogel Ronald and Mogel Christie
Bought by
Gerber Marilyn S and Marilyn S Gerber Power Of Appo
Seller's Agent
Jay Pennypacker
The Noble Agency
Buyer's Agent
Howard Kotzen
HomeSmart
List Price
$749,995
Sold Price
$675,000
Premium/Discount to List
-$74,995
-10%
Current Estimated Value
$2,144,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,469,967
Avg. Annual Appreciation
8.62%
Original Mortgage
$675,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2008
Sold by
Raben Milton
Bought by
Mogel Ronald and Mogel Christie

Purchase Details

Closed on
May 7, 2004
Sold by
Raben Milton and Raben Frieda S
Bought by
Raben Milton and Raben Frieda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2004
Sold by
Raben Milton and The Milton & Frieda S Raben Re
Bought by
Raben Milton and Raben Frieda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2002
Sold by
Raben Frieda S
Bought by
Raben Frieda S and Frieda S Raben Revocable Trust

Purchase Details

Closed on
Jun 20, 2000
Sold by
Fidelity National Title Insurance Co Inc
Bought by
Cooley James E and Cooley Yvonne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,200
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2000
Sold by
Martin Michael S
Bought by
Raben Milton and Raben Frieda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,200
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 1999
Sold by
Griffith Stephen W
Bought by
Martin Michael S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gerber Marilyn S $675,000 Us Title Agency
Mogel Ronald $835,000 Capital Title Agency Inc
Raben Milton -- Chicago Title Ins Co
Raben Milton -- Chicago Title Insurance Co
Raben Frieda S -- --
Raben Milton -- --
Cooley James E -- --
Raben Milton $560,000 Chicago Title Insurance Co
Martin Michael S $515,000 Ati Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerber Marilyn S $675,000
Previous Owner Raben Milton $575,000
Previous Owner Raben Milton $577,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $675,000 -2.9% $224 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
04/04/2012 04/04/12 Price Changed $695,000 -7.3% $231 / Sq Ft
03/19/2012 03/19/12 For Sale $749,995 0.0% $249 / Sq Ft
03/19/2012 03/19/12 Price Changed $749,995 -3.2% $249 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
01/07/2012 01/07/12 For Sale $775,000 -- $258 / 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 $4,666 $99,611 -- --
2024 $4,506 $94,867 -- --
2023 $4,506 $115,710 $23,140 $92,570
2022 $4,349 $86,560 $17,310 $69,250
2021 $4,790 $81,950 $16,390 $65,560
2020 $4,798 $79,180 $15,830 $63,350
2019 $4,658 $76,380 $15,270 $61,110
2018 $4,520 $74,220 $14,840 $59,380
2017 $4,335 $73,210 $14,640 $58,570
2016 $4,309 $70,650 $14,130 $56,520
2015 $4,097 $66,880 $13,370 $53,510
Source: Public Records

Agents Affiliated with this Home

  • Jay Pennypacker

    Seller's Agent in 2012

    Jay Pennypacker

    The Noble Agency

    (602) 570-3962

    2 in this area

    129 Total Sales

    Jay Pennypacker
    Section Image
  • Daniel Wolski

    Seller Co-Listing Agent in 2012

    Daniel Wolski

    Russ Lyon Sotheby's International Realty

    (480) 488-5718

    2 in this area

    325 Total Sales

    Daniel Wolski
    Section Image

  • H

    Buyer's Agent in 2012

    Howard Kotzen

    HomeSmart

    (480) 443-7400

    1 Total Sale

    Howard Kotzen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4698355

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-050

Arizona Maricopa County Scottsdale 85255 Desert Highlands

10040 E Happy Valley Rd Unit 245, Scottsdale, AZ

This home is located at 10040 E Happy Valley Rd Unit 245, Scottsdale, AZ 85255 since 07 January 2012 and is currently estimated at $2,144,967, approximately $713 per square foot. This property was built in 1994. 10040 E Happy Valley Rd Unit 245 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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