NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 431 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $2,590,000 - $3,148,961

4 Beds
4.5 Baths
4,212 Sq Ft
$684/Sq Ft Est. Value

Last Sold July 08, 2013

Last sale price $1,110,000 $264 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $16,838/month

157 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 July 2013

Capture City Lights plus near-far Mountain Views from every direction. A very inviting home, the front courtyard pathway leads a beautiful cactus garden on to a grand front entry. The foyer opens up to a great room floor plan over-looking the forever city and mountain views, just as nice as the Desert Highlands Country Club views. The main house features a private master suite, 2 offices, 2 guest ensuites + a detached guest house. Expansive covered patio, heated pool and spa to enjoy the breathtaking mountain, sunset and city lights; a fabulous flow for easy entertaining. Desert Highlands world class amenities include a Jack Nicklaus championship golf course... 18-hole putting course, award winning clubhouse, state of the art fitness center, Highlands Racquet Club & more.

Last Agent to Sell the Property

Frank Aazami

Compass License #SA581280000 Listed on: 12/06/2012

Compass

Co-Listed By

Nancy Sertich

Russ Lyon Sotheby's International Realty License #BR008725000

Last Buyer's Agent

Marc Brodeur BS, DC

Trillium Properties License #BR625024000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,589

Year Built

  • Built in 2001

Lot Details

  • 1.2 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $1,050 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 2 Carport Spaces

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 4,212 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Mountain Views
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps
  • Stepless Entry

Pool

  • Play Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 431
  • Assessor Parcel Number 217-04-257

Community Details

Overview

  • Association fees include street maintenance
  • Desert Highlands Association, Phone Number (480) 419-3745
  • Built by Phoenix Smith & Co
  • Desert Highlands Subdivision, South West Floorplan

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

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

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,589

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,050 per month

Parking

3

Listing Details

  • Cross Street: Pima and Happy Valley Road
  • 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: N
  • Total Monthly Fee Equivalent: 1050.0
  • Basement: N
  • Energy Green Feature H E R S Rating: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2011
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2011
  • Parking Spaces Slab Parking Spaces: 5.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Spa Private: Yes
  • Tax Year: 2012
  • Directions: From Pima E on Happy Valley Rd for 1.2 miles to Golf Club Drive, through Guard Gate to Stop Sign, Head West (Left) to Desert Broom Drive, Right to Apache Plume Dr, Right to Buckwheat Cir., Left to #43
  • Master Model: South West
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.2
  • Co List Office Mls Id: lyon13
  • Co List Office Phone: 480-585-7222
  • Subdivision Name: Desert Highlands
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Pane Wndws
  • Association Fees:HOA Fee2: 1050.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Accessibility Features: Zero-Grade Entry, Accessible Hallway(s)
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4212.0
  • Stories: 1
  • Window Features: Skylight(s)
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:RangeOven Gas: 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 Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:On-Site Guard: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Cul-De-Sac, Irrigation Front, Irrigation Back
  • Pool Features: Play Pool, Heated
  • Pool Private: Yes
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Carport Spaces: 2.0
  • Garage Spaces: 3.0
  • Open Parking Spaces: 5.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Spa, Community Spa Htd, Community Media Room, Guarded Entry, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association Fee: 1050.0
  • 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: 400.0
  • 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 Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: 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: 52185.0
  • Parcel #: 217-04-257

Building Info

  • Builder Name: Phoenix Smith & Co

Tax Info

  • Tax Annual Amount: 4589.0
  • Tax Book Number: 217.00
  • Tax Lot: 431
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2012
Closed on
Jun 26, 2013
Sold by
Sorensen William A and Sorensen Marlowe P
Bought by
Plum Mark and Plum Melanie
Seller's Agent
Frank Aazami
Compass
Buyer's Agent
Marc Brodeur BS, DC
Trillium Properties
List Price
$1,295,000
Sold Price
$1,110,000
Premium/Discount to List
-$185,000
-14.29%
Current Estimated Value
$2,882,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,772,740
Avg. Annual Appreciation
8.12%
Original Mortgage
$500,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2012
Closed on
May 15, 2013
Sold by
Plum Mark S and Plum Melanie
Bought by
Plum Mark S and Plum Melanie E
Seller's Agent
Frank Aazami
Compass
Buyer's Agent
Marc Brodeur BS, DC
Trillium Properties
List Price
$1,295,000
Sold Price
$1,110,000
Premium/Discount to List
-$185,000
-14.29%

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
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2007
Sold by
Sorensen William A and Sorensen Marlowe P
Bought by
Sorensen William A and Sorensen Marlowe P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2000
Sold by
Sorensen W A and Sorensen Marlowe
Bought by
Sorensen William A and Sorensen Marlowe P

Purchase Details

Closed on
Jun 3, 1998
Sold by
Burke Nancy A
Bought by
Sorensen W A and Sorensen Marlowe

Purchase Details

Closed on
Oct 9, 1995
Sold by
Burke Richard W
Bought by
Burke Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.58%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 6, 1995
Sold by
Diaz Frank E and Diaz Nancy J
Bought by
Burke Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.58%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Plum Mark $1,110,000 First Arizona Title Agency
Plum Mark S -- Accommodation
Sorensen William A -- Stewart Title & Trust Of Pho
Sorensen William A -- Stewart Title & Trust Of Pho
Sorensen William A -- --
Sorensen W A $165,000 Chicago Title Insurance Co
Burke Nancy A -- Fidelity Title
Burke Nancy A $142,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plum Mark $500,000
Previous Owner Sorensen William A $505,000
Previous Owner Burke Nancy A $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2013 07/08/13 Sold $1,110,000 -7.1% $264 / Sq Ft
05/12/2013 05/12/13 Pending -- -- --
01/29/2013 01/29/13 Price Changed $1,195,000 -7.7% $284 / Sq Ft
12/06/2012 12/06/12 For Sale $1,295,000 -- $307 / 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 $6,764 $139,297 -- --
2024 $6,541 $132,664 -- --
2023 $6,541 $162,360 $32,470 $129,890
2022 $6,321 $120,330 $24,060 $96,270
2021 $6,961 $116,070 $23,210 $92,860
2020 $7,221 $114,720 $22,940 $91,780
2019 $7,165 $118,250 $23,650 $94,600
2018 $6,932 $110,470 $22,090 $88,380
2017 $6,614 $109,500 $21,900 $87,600
2016 $6,637 $107,300 $21,460 $85,840
2015 $6,226 $98,830 $19,760 $79,070
Source: Public Records

Agents Affiliated with this Home

  • Frank Aazami

    Seller's Agent in 2013

    Frank Aazami

    Compass

    (480) 266-0240

    2 in this area

    231 Total Sales

    Frank Aazami
    Section Image

  • N

    Seller Co-Listing Agent in 2013

    Nancy Sertich

    Russ Lyon Sotheby's International Realty

    (480) 585-7222

    62 in this area

    73 Total Sales

    Nancy Sertich
    Section Image
  • Marc Brodeur BS, DC

    Buyer's Agent in 2013

    Marc Brodeur BS, DC

    Trillium Properties

    (800) 300-0263

    6 Total Sales

    Marc Brodeur BS, DC
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4859179

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-257

Arizona Maricopa County Scottsdale 85255 Desert Highlands

10040 E Happy Valley Rd Unit 431, Scottsdale, AZ

This home is located at 10040 E Happy Valley Rd Unit 431, Scottsdale, AZ 85255 since 06 December 2012 and is currently estimated at $2,882,740, approximately $684 per square foot. This property was built in 2001. 10040 E Happy Valley Rd Unit 431 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

Nearby Homes