$2,185,000
SOLD NOV 15, 2024

10040 E Happy Valley Rd Unit 409 Scottsdale, AZ 85255

Desert Highlands Neighborhood
3 Beds
3.5 Baths
4,651 Sq Ft
0.64 Acres

Recently Sold

$470 Per Sq Ft

21% Below List Price

173 Days on Market

About This Home

As of November 2024

IMMEDIATE GOLF MEMBERSHIP AT CLOSE OF ESCROW. Redesigned and remodeled to perfection, this 3 bedroom, 3 full bath, two 1/2 baths + office home is situated to capture views from every room! Spacious 5-CAR GARAGE FOR THE CAR ENTHUSIAST! Great room floor plan with multiple sitting areas, wetbar with wine storage, and custom linear gas fireplace. Open to the dining and great room, the gourmet kitchen features top of the line appliances and the finest of finishes. Opulent primary suite is located on the main level, with private backyard access and large ensuite bath + spacious closet and laundry. Upstairs guest retreat/2nd master suite includes an secluded outdoor terrace, perfect for the privacy of guests. Bedroom 3 with ensuite bath and beautiful mountain views. Arizona outdoor living at its finest with multiple dining and conversation terraces, built-in barbecue, heated spa with cascading water feature, and southern views of the golf course, city lights, sunsets and surrounding mountains.

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: 04/28/2024

Russ Lyon Sotheby's International Realty

Co-Listed By

Dena Bullard

Russ Lyon Sotheby's International Realty License #SA523035000

Last Buyer's Agent

Gregory Hagopian

eXp Realty License #SA572175000

eXp Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,509

Year Built

1987

Lot Details

0

HOA Fees

$1,800 per month

Parking

5

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
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2022
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2022
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2022
  • Updated Room Addition: Partial
  • Items Updated Rm Adtn Yr Updated: 2022
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2023
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1987
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: Happy Valley east 1.2 miles to Golf Club Drive. North at the roundabout through the Desert Highlands guard gate to Desert Highlands Drive, left to Desert Broom Dr, right to Apache Plume,left to #409
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.64
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: DESERT HIGHLANDS
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 1800.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Master Downstairs, Breakfast Bar, Wet Bar, Kitchen Island, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4651.0
  • Stories: 2
  • Window Features: Skylight(s), Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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:Pickleball Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Tandem Garage, Garage Door Opener, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Security System Owned, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf, Pickleball, Gated, Community Pool Htd, Guarded Entry, Tennis Court(s), Biking/Walking Path, Fitness Center
  • 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: 27707.0
  • Parcel #: 217-04-194

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 4310.0
  • Tax Book Number: 217.00
  • Tax Lot: 409
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2024
Closed on
Nov 7, 2024
Sold by
Eugene F Dorsch Living Trust and Dorsch Eugene F
Bought by
Drees David M and Drees Nancy
Seller's Agent
Nancy Sertich
Russ Lyon Sotheby's International Realty
Buyer's Agent
Gregory Hagopian
eXp Realty
List Price
$2,750,000
Sold Price
$2,185,000
Premium/Discount to List
-$565,000
-20.55%
Views
38
Current Estimated Value
$2,289,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,452
Avg. Annual Appreciation
7.33%
Original Mortgage
$1,748,000
Outstanding Balance
$1,735,352
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$554,100

Purchase Details

Closed on
Nov 30, 2021
Sold by
Barbara A Dorsch Living Trust and Dorsch Eugene F
Bought by
Eugene F Dorsch Living Trust and Dorsch

Purchase Details

Closed on
Dec 11, 2018
Sold by
Dorsch Eugene F and Eugene F Dorsch Living Trust
Bought by
Dorsch Eugene F and Barbara A Dorsch Living Trust

Purchase Details

Closed on
Mar 28, 2018
Sold by
Maas Lee S
Bought by
Dorsch Eugene F and The Eugene F Dorsch Living Tru

Purchase Details

Closed on
May 17, 2002
Sold by
Creighton Norman Paul and The Norman Paul Creighton 1996
Bought by
Maas Lee S

Purchase Details

Closed on
May 7, 2002
Sold by
Maas Dianne
Bought by
Maas Lee S

Purchase Details

Closed on
Apr 28, 2000
Sold by
Creighton Norman Paul
Bought by
Creighton Norman Paul and The Norman Paul Creighton 1996

Purchase Details

Closed on
Mar 20, 2000
Sold by
Ray Robert C and Ray Anne B
Bought by
Creighton Norman Paul

Purchase Details

Closed on
Dec 8, 1995
Sold by
Nijdl Nicole
Bought by
Ray Robert C and Ray Anne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
5.62%

Purchase Details

Closed on
Dec 7, 1995
Sold by
Ray Anne B
Bought by
Ray Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
5.62%

Purchase Details

Closed on
Apr 27, 1995
Sold by
Mandeville C Robert
Bought by
Ray Robert C and Ray Anne B
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 $2,185,000 Wfg National Title Insurance C
Warranty Deed $2,185,000 Wfg National Title Insurance C
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $720,000 Fidelity National Title Agen
Warranty Deed $750,000 Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Interfamily Deed Transfer -- --
Warranty Deed $660,000 Capital Title Agency
Quit Claim Deed -- Security Title Agency
Quit Claim Deed -- Security Title Agency
Interfamily Deed Transfer -- Security Title Agency
Cash Sale Deed $640,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,748,000 New Conventional
Closed $1,748,000 New Conventional
Previous Owner $457,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $2,185,000 -12.2% $470 / Sq Ft
10/19/2024 10/19/24 Pending -- -- --
06/02/2024 06/02/24 Price Changed $2,490,000 -9.5% $535 / Sq Ft
04/28/2024 04/28/24 For Sale $2,750,000 -- $591 / 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 $3,509 $95,597 -- --
2024 $4,310 $91,044 -- --
2023 $4,310 $110,180 $22,030 $88,150
2022 $4,150 $82,580 $16,510 $66,070
2021 $4,609 $78,860 $15,770 $63,090
2020 $4,578 $75,830 $15,160 $60,670
2019 $4,571 $74,460 $14,890 $59,570
2018 $4,514 $72,170 $14,430 $57,740
2017 $5,040 $71,530 $14,300 $57,230
2016 $5,018 $68,960 $13,790 $55,170
2015 $4,745 $66,410 $13,280 $53,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6698004

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-194