NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 503 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $2,932,042 - $3,487,000

3 Beds
3.5 Baths
4,139 Sq Ft
$760/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $1,530,000 $370 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $18,137/month

76 Days on Market

Highlights

  • Concierge
  • 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 May 2014

NOW COMPLETED SOFT CONTEMPORARY (RESTORATION HARDWARE INSPIRED)TOTALLY REIMAGINED ABSOLUTLY A MUST SEE NOW!!! IN THE ICONIC COMMUNITY OF DESERT HIGHLANDS, SOUTH FACING REAR YARD WITH POOL AND DOWN VALLEY VIEWS AND SUNSETS, 4139 SF OF VERY HIGH FINISHES INCLUDING: WOOD FLOORS,EXPANSIVE GLASS,CARREA MARBLE COUNTER TOPS, CHEFS KITCHEN AND HIGH VALUE APPLIANCES, MASTER BEDROOM AND BATH WITH VALLEY AND SUNSET VIEWS, PRIVATE ACCESS TO POOL AND REAR YARD, OFFICE WITH UNOBSTRUCTED VIEWS OF MOUNTAIN AND ROCK OUTCROPPINGS. COMPLETION IN MARCH AND TRULY A MUST SEE. BUYER TO PAY MEMBERSHIP TRANSFERR FEE AT COE.

Last Agent to Sell the Property

Anthony Camberlango

ALC Real Estate Listed on: 02/03/2014

Last Buyer's Agent

Julie Pelle

Compass License #SA553684000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,926

Year Built

  • Built in 1996

Lot Details

  • 0.82 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front Yard Sprinklers

HOA Fees

  • $1,070 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Santa Fe Architecture
  • Wood Frame Construction
  • Built-Up Roof
  • Foam Roof
  • Metal Construction or Metal Frame
  • Stucco

Interior Spaces

  • 4,139 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Low Emissivity Windows
  • Tinted Windows
  • Family Room with Fireplace
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Fire Sprinkler System

Pool

  • Heated Pool
  • Fence Around Pool

Outdoor Features

  • 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
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 503
  • Assessor Parcel Number 217-04-329

Community Details

Overview

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

Recreation

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

Additional Features

  • Concierge
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,926

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,070 per month

Parking

2

Listing Details

  • 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: 1070.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2014
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2014
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2014
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2014
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2014
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2014
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2014
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1996
  • Tax Year: 2013
  • Directions: PIMA AND HAPPY VALLEY DIRECTIONS: EAST ON HAPPY VALLEY TO ENTRANCE OF DESERT HIGHLANDS GOLF CLUB ON NORTH SIDE THROUGH GAURD GATE, ASK GAURD FOR MAP TO 503.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.82
  • Subdivision Name: Desert Highlands
  • Architectural Style: Contemporary, Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 1070.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Exterior Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Breakfast Bar, Fire Sprinklers, Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 4139.0
  • Stories: 1
  • Window Features: Low-E, Tinted Windows
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: 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:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: 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:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Concierge: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Private Street(s), Built-in Barbecue
  • Lot Features: Corner Lot, Desert Back, Desert Front, Irrigation Front
  • Pool Features: Fenced, Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Metal, Frame - Wood
  • Roof: Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Frame - Metal: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 1.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • 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 Spa Htd, Community Spa, Community Pool Htd, Community Pool, Guarded Entry, Golf, Concierge, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Amenities: Management
  • Association Fee: 1070.0
  • 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 Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2: 70.0
  • 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: 35931.0
  • Parcel #: 217-04-329
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Mike Reuter

Tax Info

  • Tax Annual Amount: 3925.86
  • Tax Book Number: 217.00
  • Tax Lot: 503
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
May 19, 2014
Sold by
Skapa Properties Llc
Bought by
Mills Steven R and Mills Elizabeth H
Seller's Agent
Anthony Camberlango
ALC Real Estate
Buyer's Agent
Julie Pelle
Compass
List Price
$1,620,000
Sold Price
$1,530,000
Premium/Discount to List
-$90,000
-5.56%
Current Estimated Value
$3,145,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,615,261
Avg. Annual Appreciation
5.86%
Original Mortgage
$1,035,000
Outstanding Balance
$793,062
Interest Rate
4.32%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$2,127,495

Purchase Details

Listed on
Sep 1, 2013
Closed on
Nov 12, 2013
Sold by
Abraham Sidney C and Abraham Marilyn J
Bought by
Skapa Properties Llc
Seller's Agent
Kris LaCroix
Russ Lyon Sotheby's International Realty
Buyer's Agent
Anthony Camberlango
Compass
List Price
$685,000
Sold Price
$679,000
Premium/Discount to List
-$6,000
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
443.31%
Original Mortgage
$360,000
Interest Rate
4.04%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 24, 2011
Sold by
Abraham Sidney and Abraham Marilyn
Bought by
Abraham Sidney C and Abraham Marilyn J

Purchase Details

Closed on
Oct 30, 2009
Sold by
Abraham Sidney and Abraham Marilyn
Bought by
Abraham Sidney and Abraham Marilyn

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
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 1994
Sold by
Nightingale William T and Nightingale Linda B
Bought by
Abraham Sidney and Abraham Marilyn
Source: Public Records

Range of Values:

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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
Mills Steven R $1,530,000 Fidelity National Title Agen
Skapa Properties Llc $679,000 Fidelity National Title Agen
Abraham Sidney C -- None Available
Abraham Sidney -- Chicago Title
Abraham Sidney $196,500 Trans National Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skapa Properties Llc $675,000
Previous Owner Abraham Sidney $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $1,530,000 -5.6% $370 / Sq Ft
04/20/2014 04/20/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $1,620,000 +138.6% $391 / Sq Ft
11/30/2013 11/30/13 Sold $679,000 -0.9% $192 / Sq Ft
09/07/2013 09/07/13 Pending -- -- --
09/01/2013 09/01/13 For Sale $685,000 -- $193 / 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 $5,484 $99,572 -- --
2024 $5,245 $94,831 -- --
2023 $5,245 $134,950 $26,990 $107,960
2022 $5,053 $100,860 $20,170 $80,690
2021 $5,486 $96,630 $19,320 $77,310
2020 $5,389 $94,170 $18,830 $75,340
2019 $5,227 $91,470 $18,290 $73,180
2018 $5,084 $89,250 $17,850 $71,400
2017 $4,896 $88,610 $17,720 $70,890
2016 $4,875 $85,220 $17,040 $68,180
2015 $4,610 $78,370 $15,670 $62,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Anthony Camberlango

    ALC Real Estate

  • Julie Pelle

    Buyer's Agent in 2014

    Julie Pelle

    Compass

    (480) 323-6763

    6 in this area

    327 Total Sales

    Julie Pelle
    Section Image
  • Kris LaCroix

    Seller's Agent in 2013

    Kris LaCroix

    Russ Lyon Sotheby's International Realty

    (602) 527-1985

    126 Total Sales

    Kris LaCroix
    Section Image
  • Michael Snep

    Seller Co-Listing Agent in 2013

    Michael Snep

    Russ Lyon Sotheby's International Realty

    (602) 469-1866

    10 Total Sales

    Michael Snep
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5064233

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-329

Arizona Maricopa County Scottsdale 85255 Desert Highlands

10040 E Happy Valley Rd Unit 503, Scottsdale, AZ

This home is located at 10040 E Happy Valley Rd Unit 503, Scottsdale, AZ 85255 since 03 February 2014 and is currently estimated at $3,145,261, approximately $759 per square foot. This property was built in 1996. 10040 E Happy Valley Rd Unit 503 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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