NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 290 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $2,422,000 - $3,660,000

4 Beds
4.5 Baths
5,849 Sq Ft
$514/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $1,525,000 $261 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $16,266/month

219 Days on Market

Highlights

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

About This Home

As of June 2018

EXTENSIVE REMODEL ALL ON ONE LEVEL. Complete main house renovation includes a large master suite, private office opening onto private courtyard with fountain feature, 2 guest bedroom suites with private baths, dining/living room, open kitchen to the family room. Incredible Only the finest details and quality finishes THROUGHOUT. Stone accented courtyard with mosaic inlays, fountain and double glass entry doors. 4 Fireplaces plus outdoor fire feature. Spacious kitchen with large island, granite counters, Wolf - Sub-Zero – Bosch. Included in this timeless remodel is a new 700sf guest house complete with bedroom, bathroom, living room, fireplace, and ''kitchenette'' (Wolf microwave, and GE Monogram mini refrigerator). ALSO, implemented were new PELLA windows/doors....see more remarks.. stone floors, fireplaces, custom cabinets, garages, electrical, plumbing. SOUTH FACING, resort like backyard with over 2,000sf of patio and covered living spaces, heated pool and spa, professionally designed landscape, built in DCS barbecue island, fire feature, mountain and sunset views! Serene and private courtyards. Natural light throughout. Meticulously maintained. Desert Highlands world class amenities include a Jack Nicklaus championship golf course, 18 hole putting course, redesigned clubhouse, state of the art fitness center, Highlands Racquet Club & more. $75,000 membership fee 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: 09/30/2017

Russ Lyon Sotheby's International Realty

Co-Listed By

Dena Bullard

Russ Lyon Sotheby's International Realty License #SA523035000

Last Buyer's Agent

Steve Wallace

Exclusive Properties of Arizona License #SA538947000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,223

Year Built

  • Built in 1988

Lot Details

  • 0.72 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 5,849 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Security System Owned
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

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

Listing and Financial Details

  • Tax Lot 290
  • Assessor Parcel Number 217-04-095

Community Details

Overview

  • Property has a Home Owners Association
  • Desert Highlands Association, Phone Number (480) 419-3745
  • Built by Red Moon Development
  • 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

$6,223

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Pima & Happy Valley Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1225.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1988
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: Happy Valley east 1.2 miles to Golf Club Dr, north on Golf Club Drive through Desert Highlands guard gate to Desert Highlands Drive, left to the 2nd Desert Willow Drive, left to #290 on the corner.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.72
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: DESERT HIGHLANDS
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 1225.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Mstr Bdrm Sitting Rm, Walk-In Closet(s), Breakfast Bar, Central Vacuum, Fire Sprinklers, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 5849.0
  • Stories: 1
  • ResoLivingAreaSource: Builder
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: 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:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: 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:Reverse Osmosis: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Community Features:Concierge: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Community, Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Other Structures: Guest House
  • Roof: Tile, 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:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, 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
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Security: Security System Owned, Gated Community, Security Guard
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Guarded Entry, Golf, Concierge, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Self Managed
  • 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

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 31333.0
  • Parcel #: 217-04-095
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Red Moon Development

Tax Info

  • Tax Annual Amount: 6223.0
  • Tax Book Number: 217.00
  • Tax Lot: 290
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2017
Closed on
Jun 5, 2018
Sold by
Plimpton Thomas E and Plimpton Kathleen D
Bought by
Neumayr Paul Edward and Neumayr Tracy Ann
Seller's Agent
Nancy Sertich
Russ Lyon Sotheby's International Realty
Buyer's Agent
Steve Wallace
Exclusive Properties of Arizona
List Price
$1,635,000
Sold Price
$1,525,000
Premium/Discount to List
-$110,000
-6.73%
Current Estimated Value
$3,008,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,483,847
Avg. Annual Appreciation
9.81%
Original Mortgage
$750,000
Outstanding Balance
$642,696
Interest Rate
3.72%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,366,536

Purchase Details

Closed on
Jul 17, 2013
Sold by
Plimpton Thomas E and Plimpton Kathleen D
Bought by
Plimpton Thomas E and Plimpton Kathleen D

Purchase Details

Closed on
Jan 9, 2013
Sold by
Plimpton Thomas E
Bought by
Plimpton Thomas E and Plimpton Kathleen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2012
Sold by
Plimpton Kathleen D
Bought by
Plimpton Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2009
Sold by
Red Moon Homes Inc
Bought by
Plimpton Thomas E and Plimpton Kathleen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,172,500
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2007
Sold by
Lembas Gerald A and Lucas Carol A
Bought by
Red Moon Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,414,428
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 7, 1994
Sold by
Oconnell Thomas B
Bought by
Lembas Gerald A and Lucas Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.75%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Neumayr Paul Edward $1,525,000 First Arizona Title Agency
Plimpton Thomas E -- None Available
Plimpton Thomas E -- Chicago Title Agency Inc
Plimpton Thomas E -- Chicago Title Agency Inc
Plimpton Thomas E $1,675,000 Us Title Agency Llc
Red Moon Homes Inc $750,000 Capital Title Agency Inc
Lembas Gerald A $625,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neumayr Paul Edward $750,000
Previous Owner Plimpton Thomas E $1,000,000
Previous Owner Plimpton Thomas E $1,172,500
Previous Owner Lembas Gerald A $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2018 06/25/18 Sold $1,525,000 -4.4% $261 / Sq Ft
05/05/2018 05/05/18 Pending -- -- --
04/24/2018 04/24/18 Price Changed $1,595,000 -2.4% $273 / Sq Ft
03/29/2018 03/29/18 For Sale $1,635,000 +7.2% $280 / Sq Ft
03/29/2018 03/29/18 Off Market $1,525,000 -- --
02/02/2018 02/02/18 Price Changed $1,635,000 -8.9% $280 / Sq Ft
12/06/2017 12/06/17 Price Changed $1,795,000 -3.0% $307 / Sq Ft
09/28/2017 09/28/17 For Sale $1,850,000 -- $316 / 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 $4,521 $123,576 -- --
2024 $5,735 $117,692 -- --
2023 $5,735 $141,270 $28,250 $113,020
2022 $5,540 $106,750 $21,350 $85,400
2021 $6,028 $101,750 $20,350 $81,400
2020 $6,140 $98,860 $19,770 $79,090
2019 $5,923 $96,050 $19,210 $76,840
2018 $5,728 $93,000 $18,600 $74,400
2017 $6,223 $92,660 $18,530 $74,130
2016 $6,196 $87,780 $17,550 $70,230
2015 $5,859 $81,510 $16,300 $65,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5667261

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-095