NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 388 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $2,404,000 - $3,548,000

4 Beds
4.5 Baths
5,400 Sq Ft
$561/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $890,000 $165 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $17,912/month

739 Days on Market

Highlights

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

About This Home

As of April 2020

Attention to detail at every turn including travertine floors, stainless steel appliances, alder wood, granite counters & more. Perfect for the tennis enthusiast...just a short walk to Highlands Racquet Club!Exquisite design situated on a 1.2+ acre lot. Private master suite, 2 guest bedrooms, detached casita with viewing deck media/game room with adjacent flex room, and office. Spectacular outdoor living, lush backyard with pool and spa, boulder waterfall, fireplace and barbecue with the beautiful Arizona sunset as a backdrop. Desert Highlands world class amenities include a Jack Nicklaus championship golf course, 18 hole putting course, newly designed clubhouse, state of the art fitness center, Highlands Racquet Club & more. A $75,000 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: 03/04/2018

Russ Lyon Sotheby's International Realty

Co-Listed By

Dena Bullard

Russ Lyon Sotheby's International Realty License #SA523035000

Last Buyer's Agent

Beth Thompson

Compass License #SA513208000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,973

Year Built

  • Built in 1999

Lot Details

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

HOA Fees

  • $1,325 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 5,400 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • City Lights Views

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 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

Home Security

  • Security System Owned
  • Fire Sprinkler System

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • 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 388
  • Assessor Parcel Number 217-04-177

Community Details

Overview

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

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

$6,973

Year Built

Built in 1999

Lot Details

0

HOA Fees

$1,325 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 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1325.0
  • Basement: N
  • Updated Heating or Cooling Units: Partial
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1999
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: Happy Valley east 1.2 miles to Golf Club Drive. North through guard gate to Desert Highlands Dr. Left to Diamond Cholla Dr, right to #388.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.22
  • 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: Assessor
  • Association Fees:HOA Fee2: 1325.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: 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
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Breakfast Bar, Fire Sprinklers, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 5400.0
  • Stories: 2
  • Window Features: Dual Pane
  • 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
  • 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
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: 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: Balcony, Covered Patio(s), Patio, Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • View: City Lights
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Other Structures: Guest House
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: 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

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
  • Security: Security System Owned, Security Guard
  • Water Source: City Water
  • Heating:Natural Gas: 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: Self Managed
  • Association Fee: 1325.0
  • Association Fee Frequency: Monthly
  • Association Name: Desert Highlands
  • Phone: 480-419-3745
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 500.0
  • 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: 100.0
  • 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: 53345.0
  • Parcel #: 217-04-177
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Red Moon Homes

Tax Info

  • Tax Annual Amount: 6973.0
  • Tax Book Number: 217.00
  • Tax Lot: 388
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2018
Closed on
Apr 20, 2020
Sold by
Bamberg James C and Bamberg Terry G
Bought by
Yuska Scott and Yuska Jordan
Seller's Agent
Nancy Sertich
Russ Lyon Sotheby's International Realty
Buyer's Agent
Beth Thompson
Compass
List Price
$1,295,000
Sold Price
$890,000
Premium/Discount to List
-$405,000
-31.27%
Current Estimated Value
$3,027,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,137,553
Avg. Annual Appreciation
22.66%
Original Mortgage
$712,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2014
Sold by
Bamberg James C and James C Bamberg Revocable Trus
Bought by
Bamberg James C and Bamberg Terry G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$804,454
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
May 18, 2007
Sold by
Bamberg James C
Bought by
Bamberg James C and James C Bamberg Revocable Trus

Purchase Details

Closed on
Feb 22, 2007
Sold by
Bamberg Billie L
Bought by
Bamberg James C

Purchase Details

Closed on
Aug 26, 2002
Sold by
Heimer Lois G
Bought by
Bamberg James C and Bamberg Billie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2001
Sold by
Hw & H Partnership
Bought by
Heimer Lois G

Purchase Details

Closed on
Jan 10, 2001
Sold by
Heimer Lois G
Bought by
Hw & H Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
7.71%

Purchase Details

Closed on
Dec 19, 2000
Sold by
Dicklin Neises Construction Company Inc
Bought by
Heimer Lois G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
7.71%

Purchase Details

Closed on
Nov 25, 1997
Sold by
Ray Patricia R and Ray Floyd J
Bought by
Heimer Lois G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.33%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Yuska Scott $890,000 Landmark Ttl Assurance Agcy
Bamberg James C -- None Available
Bamberg James C -- None Available
Bamberg James C -- None Available
Bamberg James C -- Chicago Title Insurance Co
Bamberg James C $1,425,000 Capital Title Agency Inc
Heimer Lois G -- Fidelity Title
Hw & H Partnership -- Fidelity Title
Heimer Lois G -- Fidelity National Title
Heimer Lois G $175,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuska Scott $712,000
Previous Owner Bamberg James C $804,454
Previous Owner Bamberg James C $997,500
Previous Owner Heimer Lois G $685,000
Previous Owner Heimer Lois G $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $890,000 -3.8% $165 / Sq Ft
11/12/2019 11/12/19 Price Changed $925,000 -2.6% $171 / Sq Ft
08/07/2019 08/07/19 Price Changed $950,000 -4.5% $176 / Sq Ft
04/19/2019 04/19/19 Price Changed $995,000 -4.8% $184 / Sq Ft
02/08/2019 02/08/19 Price Changed $1,045,000 -4.6% $194 / Sq Ft
01/02/2019 01/02/19 Price Changed $1,095,000 -8.4% $203 / Sq Ft
09/12/2018 09/12/18 Price Changed $1,195,000 -7.7% $221 / Sq Ft
03/04/2018 03/04/18 For Sale $1,295,000 -- $240 / 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 $7,177 $147,111 -- --
2024 $6,941 $140,106 -- --
2023 $6,941 $170,000 $34,000 $136,000
2022 $6,710 $127,080 $25,410 $101,670
2021 $7,455 $123,650 $24,730 $98,920
2020 $7,790 $123,070 $24,610 $98,460
2019 $7,551 $120,770 $24,150 $96,620
2018 $7,307 $118,400 $23,680 $94,720
2017 $6,973 $119,120 $23,820 $95,300
2016 $6,996 $113,730 $22,740 $90,990
2015 $6,566 $101,780 $20,350 $81,430
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nancy Sertich

    Russ Lyon Sotheby's International Realty

    (480) 585-7222

    62 in this area

    73 Total Sales

    Nancy Sertich
    Section Image

  • D

    Seller Co-Listing Agent in 2020

    Dena Bullard

    Russ Lyon Sotheby's International Realty

    (480) 585-7222

    63 in this area

    80 Total Sales

    Dena Bullard
    Section Image
  • Beth Thompson

    Buyer's Agent in 2020

    Beth Thompson

    Compass

    (602) 740-3161

    103 Total Sales

    Beth Thompson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5731984

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-177

Arizona Maricopa County Scottsdale 85255 Desert Highlands

10040 E Happy Valley Rd Unit 388, Scottsdale, AZ

This home is located at 10040 E Happy Valley Rd Unit 388, Scottsdale, AZ 85255 since 04 March 2018 and is currently estimated at $3,027,553, approximately $560 per square foot. This property was built in 1999. 10040 E Happy Valley Rd Unit 388 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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