NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 351 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $2,344,000 - $3,816,000

4 Beds
4.5 Baths
5,559 Sq Ft
$572/Sq Ft Est. Value

Last Sold June 05, 2013

Last sale price $1,430,000 $257 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $17,423/month

70 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 June 2013

Complete remodel and additon to a charming home on one of the largest lots in Desert Highlands, Upon entering you are greeted by custom finishes, a charming center interior courtyard.This Great room floor plan open to a gourmet kitchen loaded with Wolf and Subzero appliances, leads to a huge backyard with all day sun. The huge yard has a resort like feel with a luxurious pool and Spa, covered outdoor entertaining area with fireplace and mountain views. A viewing deck gives you 360 degree views with Pinnacle Peak, Troon and McDowell Mountain views as well as sparkling sunsets and spectacular AZ sunsets, you may have just found your own piece of paradise. Located conveniently by a desert garden and the racquet club this home allows you to enjoy the Desert Highlands dream.

Last Agent to Sell the Property

Allan Macdonald

Russ Lyon Sotheby's International Realty License #SA551170000 Listed on: 01/22/2013

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Allan Macdonald

Russ Lyon Sotheby's International Realty License #SA551170000 Listed on: 01/22/2013

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,424

Year Built

  • Built in 1986

Lot Details

  • 1.52 Acre Lot
  • Desert faces the front of the property
  • Private Streets
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

Parking

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

Property Views

  • City Lights
  • Mountain

Home Design

  • Tile Roof
  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,559 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Two Way Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • 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
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Heated Pool
  • Diving Board

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Gazebo
  • Built-In Barbecue
  • Playground

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 351
  • Assessor Parcel Number 217-04-147

Community Details

Overview

  • Property has a Home Owners Association
  • Desert Highlands Association, Phone Number (480) 419-3745
  • Built by Custom
  • Desert Highlands Subdivision, Custom Floorplan

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,424

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Cross Street: PIMA AND HAPPY VALLEY ROAD
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Land Lease Paid Frequency: Monthly
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1025.0
  • Basement: N
  • Energy Green Feature H E R S Rating: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1986
  • Spa Private: Yes
  • Tax Year: 2012
  • Directions: East on Happy Valley Road approx 1.2M to Desert Club Drive. North to guard gate for directions.
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.52
  • Subdivision Name: DESERT HIGHLANDS
  • Efficiency: Load Controller, Multi-Zones
  • Association Fees:HOA Fee2: 1025.0
  • 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

  • Basement: None
  • Flooring: Carpet, Stone
  • Spa Features: Community, Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Two Way Fireplace, Exterior Fireplace, Fire Pit, Family Room, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Mstr Bdrm Sitting Rm, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Fire Sprinklers, Other, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters, See Remarks
  • Living Area: 5559.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Fireplace:Two Way Fireplace: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Playground, Gazebo/Ramada, Patio, Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Community, Heated, Diving Pool, Private
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile, Built-Up, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool, Guarded Entry, Golf, Tennis Court(s), Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks), 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: 1050.0
  • 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: 75000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2: 75000.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Other (See Remarks)5: 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 Amount Frequency: Monthly
  • Land Lease: No
  • Lot Size Sq Ft: 66154.0
  • Parcel #: 217-04-147
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 5423.9
  • Tax Book Number: 217.00
  • Tax Lot: 351
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2013
Closed on
May 30, 2013
Sold by
Ritzer Josh and Ritzer Andrea
Bought by
Barlow Jane F and Barlow Jason B
Seller's Agent
Allan Macdonald
Russ Lyon Sotheby's International Realty
Buyer's Agent
Allan Macdonald
Russ Lyon Sotheby's International Realty
List Price
$1,595,000
Sold Price
$1,430,000
Premium/Discount to List
-$165,000
-10.34%
Current Estimated Value
$3,181,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,751,883
Avg. Annual Appreciation
6.61%
Original Mortgage
$750,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2012
Sold by
Ritzer Josh
Bought by
Ritzer Josh and Ritzer Andrea

Purchase Details

Closed on
Oct 26, 2004
Sold by
Fay Raymond Frederick and Fay Paula Rae
Bought by
Russell Deborah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2004
Sold by
Russell Robert A
Bought by
Russell Deborah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1998
Sold by
Fay Ray F and Fay Paula R
Bought by
Fay Raymond Frederick and Fay Paula Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
6.75%

Purchase Details

Closed on
Dec 30, 1997
Sold by
Fay Raymond Frederick and Fay Paula Rae
Bought by
Fay Ray F and Fay Paula R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 6, 1994
Sold by
Fay Ray F and Fay Paula R
Bought by
Fay Raymond Frederick and Fay Paula Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
4.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Barlow Jane F $1,430,000 Empire West Title Agency
Ritzer Josh -- Accommodation
Ritzer Josh -- Driggs Title Agency Inc
Ritzer Josh $595,000 Driggs Title Agency Inc
Russell Deborah E $1,033,050 Capital Title Agency Inc
Russell Deborah E -- Capital Title Agency Inc
Fay Raymond Frederick -- --
Fay Ray F -- North American Title Agency
Fay Raymond Frederick -- Security Title Agency
Fay Raymond Frederick -- Security Title Agency
Fay Ray F $735,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barlow Jane F $750,000
Previous Owner Russell Deborah E $725,000
Previous Owner Russell Deborah E $725,000
Previous Owner Fay Ray F $635,000
Previous Owner Fay Ray F $588,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2013 06/05/13 Sold $1,430,000 -4.6% $257 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
03/19/2013 03/19/13 Price Changed $1,499,000 -3.0% $270 / Sq Ft
02/25/2013 02/25/13 Price Changed $1,545,000 -3.1% $278 / Sq Ft
01/21/2013 01/21/13 For Sale $1,595,000 -- $287 / 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 $7,427 $151,834 -- --
2024 $7,184 $144,604 -- --
2023 $7,184 $180,530 $36,100 $144,430
2022 $6,944 $131,160 $26,230 $104,930
2021 $7,700 $127,420 $25,480 $101,940
2020 $7,817 $123,460 $24,690 $98,770
2019 $7,714 $121,300 $24,260 $97,040
2018 $7,464 $116,910 $23,380 $93,530
2017 $7,124 $114,750 $22,950 $91,800
2016 $8,497 $108,920 $21,780 $87,140
2015 $6,709 $104,680 $20,930 $83,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4878463

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-147