$2,800,000
SOLD JUL 9, 2024

10040 E Happy Valley Rd Unit 338 Scottsdale, AZ 85255

Desert Highlands Neighborhood
4 Beds
4 Baths
4,553 Sq Ft
0.8 Acres

Recently Sold

$615 Per Sq Ft

3 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Heated Spa
  • Sonoran Trails Middle School Rated A-
  • Gated with Attendant
  • Clubhouse

About This Home

As of July 2024

IMMEDIATE GOLF MEMBERSHIP AT CLOSE OF ESCROW. A masterpiece of architectural design and detail situated harmoniously into a serene and private desert setting. Quality craftsmanship includes free form flagstone, artistic wood beams, quartz, granite, alder cabinets and doors with hand-stained inset. Spacious great room bordered by disappearing sliding doors, allowing for seamless indoor/outdoor living, and large expanses of glass throughout offers sunlit living in every room. Secluded primary suite with private backyard access, guest bedroom with ensuite bath, den/4th bedroom + 2-room guest house includes living room, bedroom and full bath. South facing backyard offers the perfect outdoor entertainment setting with large covered patio, al fresco dining room and adjacent cooking station with built-in BBQ, heated pool and spa, water feature, firepit and stunning AZ sunsets!

Designated a top 'Platinum Club of America'' golf club, Desert Highlands amenities include a Jack Nicklaus championship golf course, 18-hole putting course, award winning clubhouse featuring ''Jacks'' gastropub, state of the art fitness center, Highlands Racquet Club featuring grass, clay & pickleball courts,& more. A $150,000 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: 05/12/2024

Russ Lyon Sotheby's International Realty

Co-Listed By

Dena Bullard

Russ Lyon Sotheby's International Realty License #SA523035000

Last Buyer's Agent

Jennifer Baldwin

Russ Lyon Sotheby's International Realty License #SA709597000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,796

Year Built

  • Built in 1997

Lot Details

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

HOA Fees

  • $1,800 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Foam Roof
  • Stucco

Interior Spaces

  • 4,553 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Solar Screens
  • Living Room with Fireplace
  • Stone Flooring
  • Fire Sprinkler System

Kitchen

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

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 338
  • Assessor Parcel Number 217-04-134

Community Details

Overview

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

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,796

Year Built

Built in 1997

Lot Details

0

HOA Fees

$1,800 per month

Parking

3

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: N
  • Total Monthly Fee Equivalent: 1800.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1997
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: Happy Valley east 1.2 miles to Golf Club Drive. Left at the roundabout onto Golf Club Drive, through guard gate to Desert Highlands Drive, left to Diamond Cholla, left to #338
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.8
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: DESERT HIGHLANDS
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1800.0
  • Special Features: None

Interior Features

  • Flooring: Stone
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Fire Sprinklers, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Laminate Counters
  • Living Area: 4553.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: 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:Pickleball Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): 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:Fireplace Master Bdr: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: See Remarks, Painted, Stucco
  • Roof: Foam
  • Construction:Other (See Remarks)23: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Side Vehicle Entry
  • 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
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Security: Security Guard
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Pickleball Court(s), Community Pool Htd, Guarded Entry, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Self Managed
  • Association Fee: 1800.0
  • Association Fee Frequency: Monthly
  • Association Name: Desert Highlands
  • Phone: 480-419-3745
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Desert Highlands
  • Association Fees:HOA Telephone4: 480-419-3745
  • Association Fees:Special Assessment HOA: Yes
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 100.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 1800.0
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fees:Other Fees HOA: 750.0
  • Association Fees:Other Fees Description: Semi-Annual Service Assessment
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fees:Special Assessment Amount Owed: 100.0
  • Association Fees:Special Assessment Frequency: Monthly
  • Association Fees:Payment Start Date: 2019-09-01
  • Association Fees:Payment End Date: 2028-09-30

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: 34898.0
  • Parcel #: 217-04-134
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Annual Amount: 5796.0
  • Tax Book Number: 217.00
  • Tax Lot: 338
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2024
Closed on
Jul 9, 2024
Sold by
Fletcher James and Fletcher Bonnie
Bought by
Gumringer Living Trust and Gumringer
Seller's Agent
Nancy Sertich
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jennifer Baldwin
Russ Lyon Sotheby's International Realty
List Price
$2,800,000
Sold Price
$2,800,000
Total Days on Market
3
Views
8
Current Estimated Value
$2,788,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,957
Avg. Annual Appreciation
-0.47%

Purchase Details

Closed on
Dec 11, 2023
Sold by
Fletcher James K and Fletcher Bonnie J
Bought by
Fletcher James and Fletcher Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$755,000
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2003
Sold by
Dlj Mortgage Capital Inc
Bought by
Fletcher James K and Fletcher Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,500
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2002
Sold by
Kailing Jeri
Bought by
Dlj Mtg Capital Inc

Purchase Details

Closed on
Jul 28, 2000
Sold by
Kailing A Brent
Bought by
Kailing Jeri

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
8.12%

Purchase Details

Closed on
Jun 18, 1998
Sold by
Pickrell Mayfield Iv James J and Pickrell Mayfield Christy
Bought by
Kailing A Brent and Kailing Jeri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 1997
Sold by
Anderson Janie S
Bought by
Pickering Donna G and Pickering Diana

Purchase Details

Closed on
Feb 3, 1997
Sold by
The Brigitta Wolff Grohmann 1991 Trust
Bought by
Grohmann Thomas W

Purchase Details

Closed on
Sep 3, 1996
Sold by
Sanfilippo John and Sanfilippo Donna M
Bought by
Pickrell Mayfield Iv James J and Pickrell Mayfield Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 12, 1996
Sold by
Grohmann Thomas W
Bought by
Wolff Grohmann Brigitta and The Brigitta Wolff Grohmann 19
Source: Public Records

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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 $2,800,000 Arizona Premier Title
Warranty Deed -- Wfg National Title Insurance C
Special Warranty Deed $843,000 First American Title Ins Co
Trustee Deed $1,082,216 --
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $875,000 First American Title
Joint Tenancy Deed -- --
Warranty Deed -- --
Interfamily Deed Transfer -- --
Warranty Deed $140,000 Ati Title Agency
Interfamily Deed Transfer -- United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $755,000 New Conventional
Previous Owner $0 Adjustable Rate Mortgage/ARM
Previous Owner $500,000 Credit Line Revolving
Previous Owner $477,500 New Conventional
Previous Owner $1,000,000 No Value Available
Previous Owner $700,000 New Conventional
Previous Owner $100,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $2,800,000 0.0% $615 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $2,800,000 -- $615 / 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 $6,871 $124,769 -- --
2024 $5,796 $118,827 -- --
2023 $5,796 $143,100 $28,620 $114,480
2022 $5,600 $107,780 $21,550 $86,230
2021 $6,140 $103,470 $20,690 $82,780
2020 $6,378 $102,360 $20,470 $81,890
2019 $6,180 $99,760 $19,950 $79,810
2018 $5,977 $101,620 $20,320 $81,300
2017 $5,699 $103,500 $20,700 $82,800
2016 $5,718 $92,950 $18,590 $74,360
2015 $5,360 $88,380 $17,670 $70,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6704479

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-134