NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 402 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $2,622,000 - $3,296,000

4 Beds
5 Baths
5,101 Sq Ft
$584/Sq Ft Est. Value

About This Home

This home is located at 10040 E Happy Valley Rd Unit 402, Scottsdale, AZ 85255 and is currently estimated at $2,980,633, approximately $584 per square foot. 10040 E Happy Valley Rd Unit 402 is a home located in Maricopa County with nearby schools including Desert Sun Academy, Sonoran Trails Middle School, and Cactus Shadows High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2025
Sold by
Phyllis E Colby Illinois Qtip Marital Tr and Colby Douglas A
Bought by
Douglas A Colby Revocable Trust and Colby
Current Estimated Value
$3,069,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,597,124
Outstanding Balance
$2,590,219
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2013
Sold by
Colby Douglas A and Phyllis E Colby Revocable Trus
Bought by
Colby Douglas A and Phyllis E Colby Illinois Qtip

Purchase Details

Closed on
Feb 11, 2013
Sold by
Colby Douglas A
Bought by
Colby Douglas A and Phyllis E Colby Revocable Trus

Purchase Details

Closed on
Jan 7, 2012
Sold by
Colby Douglas A and The Phyllis E Colby Revocable
Bought by
Colby Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2011
Sold by
Colby Douglas A and Colby Phyllis
Bought by
Colby Phyllis E and Phyllis E Colby Revocable Trus

Purchase Details

Closed on
Dec 4, 2008
Sold by
American Home Mortgage Servicing Inc
Bought by
Colby Douglas A and Colby Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2008
Sold by
Eichler Peter M
Bought by
American Home Mortgage Servicing Inc

Purchase Details

Closed on
Mar 22, 2006
Sold by
Eichler Peter M
Bought by
Eichler Peter M and Eichler Wendie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,491,000
Interest Rate
1.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2004
Sold by
Lot 402 Llc
Bought by
Eichler Peter M and Eichler Wendie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,064,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2002
Sold by
Lot402 Llc
Bought by
Brown Thomas M and Brown Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,550
Interest Rate
6.51%

Purchase Details

Closed on
Feb 5, 2001
Sold by
Griffin Melvin J and Griffin Mel
Bought by
Lot 402 Llc

Purchase Details

Closed on
Jun 5, 2000
Sold by
Griffin Rebecca D
Bought by
Griffin Melvin J

Purchase Details

Closed on
Feb 16, 2000
Sold by
Griffin Melvin J
Bought by
Ktm & Associates Llc

Purchase Details

Closed on
Jan 4, 1999
Sold by
Griffin Rebecca
Bought by
Griffin Melvin J

Purchase Details

Closed on
Dec 29, 1998
Sold by
Kay Korff Enterprises Llc
Bought by
Griffin Melvin J

Purchase Details

Closed on
Dec 12, 1994
Sold by
Korff Jack
Bought by
Kay Korff Enterprises L L C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Douglas A Colby Revocable Trust $2,597,124 None Listed On Document
Colby Douglas A -- None Available
Colby Douglas A -- None Available
Colby Douglas A -- First American Title Ins Co
Colby Phyllis E -- None Available
Colby Douglas A $1,152,750 Guaranty Title Agency
American Home Mortgage Servicing Inc $1,479,185 None Available
Eichler Peter M -- Guaranty Title Agency
Eichler Peter M -- Guaranty Title Agency
Eichler Peter M $1,330,000 Security Title Agency
Lot 402 Llc -- --
Brown Thomas M -- Chicago Title Insurance Co
Lot 402 Llc $650,000 --
Griffin Melvin J -- --
Griffin Melvin J -- Fidelity Title
Griffin Melvin J -- Fidelity Title
Ktm & Associates Llc -- Chicago Title Insurance Co
Griffin Melvin J -- Chicago Title Insurance Co
Griffin Melvin J $175,000 Chicago Title Insurance Co
Kay Korff Enterprises L L C $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas A Colby Revocable Trus $2,597,124
Previous Owner Colby Douglas A $417,000
Previous Owner Colby Douglas A $418,200
Previous Owner Colby Douglas A $417,000
Previous Owner Eichler Peter M $349,900
Previous Owner Eichler Peter M $1,491,000
Previous Owner Eichler Peter $70,000
Previous Owner Eichler Peter $15,000
Previous Owner Eichler Peter M $271,000
Previous Owner Eichler Peter M $1,064,000
Previous Owner Brown Thomas M $999,550
Closed Brown Thomas M $120,450
Closed Eichler Peter M $133,000
Source: Public Records

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 $6,709 $121,824 -- --
2024 $6,417 $116,022 -- --
2023 $6,417 $188,960 $37,790 $151,170
2022 $6,182 $144,430 $28,880 $115,550
2021 $6,712 $139,270 $27,850 $111,420
2020 $6,593 $136,360 $27,270 $109,090
2019 $7,884 $112,070 $22,410 $89,660
2018 $7,895 $109,900 $21,980 $87,920
2017 $7,658 $110,570 $22,110 $88,460
2016 $7,624 $105,660 $21,130 $84,530
2015 $7,210 $99,850 $19,970 $79,880
Source: Public Records

Map

Arizona Maricopa County Scottsdale 85255 Desert Highlands

10040 E Happy Valley Rd Unit 402, Scottsdale, AZ

This home is located at 10040 E Happy Valley Rd Unit 402, Scottsdale, AZ 85255 and is currently estimated at $2,980,633, approximately $584 per square foot. 10040 E Happy Valley Rd Unit 402 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.

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