NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 355 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $2,192,000 - $2,950,453

3 Beds
2.5 Baths
3,670 Sq Ft
$698/Sq Ft Est. Value

Last Sold April 09, 2013

Last sale price $743,000 $202 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $15,075/month

501 Days on Market

Highlights

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

About This Home

As of April 2013

HUGE PRICE REDUCTION!!!Very ''livable'' open Floor Plan with Formal Dining and Living Rooms, Family Room and Eat-in Island Kitchen. Three Fireplaces, Travertine and Berber Flooring, Granite Counters. SubZero side by side. Wet Bars in Living Room and Master. Huge Master Retreat has expansive walk-in closet, dual sinks, jetted tub, bidet and more Clamshell showers featured in master & guest baths. Exterior doorway opens to front courtyard. Oversized covered patio with surround sound looks out to Custom Pool with Water Feature. Garden Amenity borders property with Ramada & BBQ. Jack Nicklaus Golf, Award Winning Club House features Fine & Casual Dining & State of the Art Fitness. Racquet Club with hard and Grass Courts. A 'must see' in Desert Highland

Last Agent to Sell the Property

William Leicht

HomeSmart License #SA101181000 Listed on: 10/15/2011

HomeSmart

Last Buyer's Agent

Darren Tackett

eXp Realty License #SA504490000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,072

Year Built

  • Built in 1994

Lot Details

  • 0.56 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $1,050 Monthly HOA Fees

Parking

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

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 3,670 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Fire Sprinkler System

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Outdoor Features

  • Play Pool
  • Covered Patio or Porch

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 355
  • Assessor Parcel Number 217-04-151

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Desert Highlands Association, Phone Number (480) 419-3702
  • Built by Salcito
  • Desert Highlands Subdivision, Custom Floorplan

Amenities

  • 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

$3,072

Year Built

Built in 1994

Lot Details

0

HOA Fees

$1,050 per month

Parking

3

Listing Details

  • Cross Street: Pima and Happy Valley Rd.
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: Y
  • Recreation Center Paid Frequency: Annually
  • Total Monthly Fee Equivalent: 1050.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2011
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2009
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2010
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2010
  • Parking Spaces Total Covered Spaces: 3.0
  • Year Built: 1994
  • Tax Year: 2011
  • Directions: E. on Pima 1.2 miles to N. on Golf Club Drive. Thru guard gate to W. on Desert Highlands Drive. S. on 2nd Diamond Cholla Drive (Racquet Club sign). Take 2nd left onto Bee Hive Circle to #355.
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.56
  • Subdivision Name: Desert Highlands
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 1050.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 3+ Fireplace, Family Room, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 3670.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • ResoLivingAreaSource: Builder
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: 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 Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Natural Desert Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned, Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Pool Htd, Guarded Entry, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Rental OK (See Rmks), Self Managed
  • Association Fee: 1050.0
  • Association Fee Frequency: Monthly
  • Association Name: Desert Highlands
  • Phone: 480-419-3702
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 75000.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Desert Highlands
  • Association Fees:HOA Telephone4: 480-419-3702
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 7000.0
  • 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: 24324.0
  • Parcel #: 217-04-151
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Salcito

Tax Info

  • Tax Annual Amount: 3072.0
  • Tax Book Number: 217.00
  • Tax Lot: 355
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2013
Sold by
Fedewa Mary B
Bought by
Fedewa Mary and The Mary Fedewa Living Trust
Current Estimated Value
$2,562,363

Purchase Details

Listed on
Oct 15, 2011
Closed on
Apr 9, 2013
Sold by
Fedewa Dale A
Bought by
Fedewa Mary B
Seller's Agent
William Leicht
HomeSmart
Buyer's Agent
Darren Tackett
eXp Realty
List Price
$875,000
Sold Price
$743,000
Premium/Discount to List
-$132,000
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$417,000
Outstanding Balance
$300,073
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,245,632

Purchase Details

Closed on
Mar 20, 1996
Sold by
Lipton Jeffrey M
Bought by
Erbach Joyce

Purchase Details

Closed on
Feb 15, 1994
Sold by
Ferrantello Silvestro and Ferrantello Rosa
Bought by
Lipton Jeffrey M and Lipton Adrienne

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
5.25%
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
Fedewa Mary -- None Available
Fedewa Mary B -- Fidelity National Title Agen
Fedewa Mary B $743,000 Fidelity National Title Agen
Erbach Joyce $673,000 Stewart Title & Trust
Lipton Jeffrey M $630,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fedewa Mary B $417,000
Closed Fedewa Mary B $417,000
Previous Owner Lipton Jeffrey M $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2013 04/09/13 Sold $743,000 -6.5% $202 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
02/23/2013 02/23/13 Price Changed $795,000 -4.8% $217 / Sq Ft
09/08/2012 09/08/12 Price Changed $835,000 -4.6% $228 / Sq Ft
10/15/2011 10/15/11 For Sale $875,000 -- $238 / 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 $5,915 $107,399 -- --
2024 $5,657 $102,284 -- --
2023 $5,657 $142,900 $28,580 $114,320
2022 $5,450 $107,930 $21,580 $86,350
2021 $5,917 $101,520 $20,300 $81,220
2020 $5,813 $98,370 $19,670 $78,700
2019 $5,638 $94,850 $18,970 $75,880
2018 $5,483 $92,880 $18,570 $74,310
2017 $5,281 $92,450 $18,490 $73,960
2016 $5,258 $88,570 $17,710 $70,860
2015 $4,972 $84,530 $16,900 $67,630
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2013

    William Leicht

    HomeSmart

    Section Image
  • Darren Tackett

    Buyer's Agent in 2013

    Darren Tackett

    eXp Realty

    (602) 622-1226

    1 in this area

    276 Total Sales

    Darren Tackett
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4662037

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-151

Arizona Maricopa County Scottsdale 85255 Desert Highlands

10040 E Happy Valley Rd Unit 355, Scottsdale, AZ

This home is located at 10040 E Happy Valley Rd Unit 355, Scottsdale, AZ 85255 since 15 October 2011 and is currently estimated at $2,562,363, approximately $698 per square foot. This property was built in 1994. 10040 E Happy Valley Rd Unit 355 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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