NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 468 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $2,605,999 - $2,939,000

3 Beds
5 Baths
3,768 Sq Ft
$730/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $1,150,000 $305 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $16,323/month

37 Days on Market

Highlights

  • On Golf Course
  • Gated with Attendant
  • City Lights View
  • Sonoran Trails Middle School Rated A-
  • Heated Spa
  • 1-minute walk to Pinnacle Peak Park

About This Home

As of October 2018

Designed by well known architect Bob Bacon. Enter the exposed aggregate driveway to a flagstone entry with and soothing water feature night lit fountain. Open floor plan with a wet bar servicing both the dining and family rooms. The kitchen with center island opens to a spacious breakfast area with a corner window open to the desert landscaping.The master bedroom upstairs boasts spectacular views from the bedroom or outdoor patio. Gas fireplace and sitting area. Master bath has dual his/her sinks with marble counters. Large master closet. Downstairs there are two large bedrooms with private baths. Both bedrooms exit to a private patio. Negative edge pool and heated spa offer views of the valley and Desert Highlands Hole #3. Large building envelope to allow for a guest house.

Last Agent to Sell the Property

Tom Martz

Martz Realty License #BR029596000 Listed on: 06/12/2018

Last Buyer's Agent

Brent Benger

eXp Realty License #SA626812000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,132

Year Built

  • Built in 1995

Lot Details

  • 0.87 Acre Lot
  • On Golf Course
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $1,225 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 3,768 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

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
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 468
  • Assessor Parcel Number 217-04-294

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Desert Highlands Association, Phone Number (480) 585-7444
  • Built by Shiloh
  • Desert Highlands Phase 2 Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Heated Community Pool

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,132

Year Built

Built in 1995

Lot Details

0

HOA Fees

$1,225 per month

Parking

3

Listing Details

  • Cross Street: Pima Road and 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: 1225.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: East on Happy Valley Rd. 1.25 to the entrance to Desert Highlands. Ask the guard for a local map and direction to the property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.87
  • Subdivision Name: DESERT HIGHLANDS PHASE 2
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1225.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Fire Sprinklers, Soft Water Loop, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Granite Counters
  • Living Area: 3768.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane, Wood Frames
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Gas: 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:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, On Golf Course, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: No Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): 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: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • 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), Clubhouse
  • Amenities: Management
  • Association Fee: 1225.0
  • Association Fee Frequency: Monthly
  • Association Name: Desert Highlands
  • Phone: 480-585-7444
  • 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: 480-585-7444
  • 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 _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: 37743.0
  • Parcel #: 217-04-294
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Shiloh

Tax Info

  • Tax Annual Amount: 6132.0
  • Tax Book Number: 217.00
  • Tax Lot: 468
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2020
Sold by
Lesch Jay and Lesch Becky
Bought by
Lesch Jay W and Lesch Becky
Current Estimated Value
$2,749,000

Purchase Details

Listed on
Jun 12, 2018
Closed on
Sep 17, 2018
Sold by
Beale Ellenmarie
Bought by
Lesch Jay and Lesch Becky
Seller's Agent
Tom Martz
Martz Realty
Buyer's Agent
Brent Benger
eXp Realty
List Price
$1,300,000
Sold Price
$1,150,000
Premium/Discount to List
-$150,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.85%
Original Mortgage
$600,000
Outstanding Balance
$524,310
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$2,145,969

Purchase Details

Closed on
Apr 25, 2003
Sold by
Beale David W
Bought by
Beale Ellenmarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2000
Sold by
Charley Roxanne R and Charley Roxanne H
Bought by
Beale David W and Beale Ellenmarie

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
8.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1999
Sold by
Charley Frederick E
Bought by
Charley Roxanne H
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
Lesch Jay W -- None Available
Lesch Jay $1,150,000 Prestige Title & Escrow Agen
Beale Ellenmarie -- Grand Canyon Title Agency In
Beale David W $1,265,000 Security Title Agency
Charley Roxanne H -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lesch Jay $600,000
Previous Owner Beale Ellenmarie $150,000
Previous Owner Beale Ellenmarie $600,000
Previous Owner Beale David W $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $1,150,000 -11.5% $305 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $1,300,000 -- $345 / 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 $5,419 $114,200 -- --
2024 $6,015 $108,762 -- --
2023 $6,015 $132,830 $26,560 $106,270
2022 $5,795 $98,650 $19,730 $78,920
2021 $6,706 $100,130 $20,020 $80,110
2020 $6,954 $100,680 $20,130 $80,550
2019 $7,099 $101,980 $20,390 $81,590
2018 $6,161 $96,100 $19,220 $76,880
2017 $6,132 $95,160 $19,030 $76,130
2016 $6,429 $94,330 $18,860 $75,470
2015 $6,353 $95,270 $19,050 $76,220
Source: Public Records

Agents Affiliated with this Home

  • Tom Martz

    Seller's Agent in 2018

    Tom Martz

    Martz Realty

    (602) 430-0778

    7 Total Sales

    Tom Martz
    Section Image
  • Brent Benger

    Buyer's Agent in 2018

    Brent Benger

    eXp Realty

    (480) 677-0020

    2 in this area

    78 Total Sales

    Brent Benger
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5782304

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-294

Arizona Maricopa County Scottsdale 85255 Desert Highlands

10040 E Happy Valley Rd Unit 468, Scottsdale, AZ

This home is located at 10040 E Happy Valley Rd Unit 468, Scottsdale, AZ 85255 since 12 June 2018 and is currently estimated at $2,749,000, approximately $729 per square foot. This property was built in 1995. 10040 E Happy Valley Rd Unit 468 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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