NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 506 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $2,513,000 - $3,487,000

3 Beds
3.5 Baths
5,581 Sq Ft
$548/Sq Ft Est. Value

Last Sold January 29, 2018

Last sale price $1,275,000 $228 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $16,674/month

775 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Heated Pool
  • Sonoran Trails Middle School Rated A-
  • Gated with Attendant
  • 1-minute walk to Pinnacle Peak Park

About This Home

As of January 2018

One of the BEST CITY MOUNTAIN AND SUNSET VIEWS in Desert Highlands! Charming, comfortable, remodeled AND updated in keeping with the soft contemporary southwest spirit! Quality craftsmanship that can't be duplicated for this unprecedented price. Expansive great room opening to the patio overlooking beautiful pristine desert. Heated negative edge pebble etc pool and covered patio overlooking dazzling city lights and sunset. High windows, soaring ceilings! Newer appliances,granite,beam ceilings and 8 old world fireplaces.
Desert Highlands world class amenities include a Jack Nicklaus championship golf course, 18-hole putting course, newly designed clubhouse, state of the art fitness center, Highlands Racquet Club & more. A $75,000 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: 10/15/2015

Russ Lyon Sotheby's International Realty

Co-Listed By

Dena Bullard

Russ Lyon Sotheby's International Realty License #SA523035000

Last Buyer's Agent

Lisa Lucky

Russ Lyon Sotheby's International Realty License #BR516513000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,903

Year Built

  • Built in 1988

Lot Details

  • 0.46 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Designed by Bill Tull Architects
  • Wood Frame Construction
  • Foam Roof
  • Stucco
  • Adobe

Interior Spaces

  • 5,581 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Laundry in unit

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Heated Pool
  • 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
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 506
  • Assessor Parcel Number 217-04-332

Community Details

Overview

  • Property has a Home Owners Association
  • Desert Highlands Association, Phone Number (480) 419-3745
  • Built by Mecham/Bill Tull
  • Desert Highlands Phase 2 Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,903

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Pima & Happy Valley Road
  • Legal Info Range: 5E
  • Property Type: Residential
  • Architect Architect: Bill Tull
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1190.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2005
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2005
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2015
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2005
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2005
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2013
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2005
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1988
  • Tax Year: 2015
  • Directions: Happy Valley east 1.2 miles to Golf Club Drive, left through Desert Highlands guard gate to Desert Highlands Dr, left to Desert Willow, right to Apache Plume Dr., right to Rosewood Dr, right to #506
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.46
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: DESERT HIGHLANDS PHASE 2
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1190.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Walk-In Closet(s), Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 5581.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: 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:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: Community, Heated, Private
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Adobe, 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
  • Construction:Adobe: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Security: Gated Community, Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Guarded Entry, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Self Managed
  • 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 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20207.0
  • Parcel #: 217-04-332
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Mecham/Bill Tull

Tax Info

  • Tax Annual Amount: 4903.0
  • Tax Book Number: 217.00
  • Tax Lot: 506
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2017
Sold by
Leevan Paul Simon and Leevan Helga M
Bought by
Fitzgerald Bob and Grant Susan
Current Estimated Value
$3,061,065

Purchase Details

Closed on
Oct 8, 2003
Sold by
Leevan Paul Simon and Leevan Helga M
Bought by
Leevan Paul Simon and Leevan Helga M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2000
Sold by
Reuter Wolfgang K and Reuter Ingrid E
Bought by
Reuter Wolfgang K and Reuter Ingrid E
Source: Public Records

Range of Values:

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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
Fitzgerald Bob $1,275,000 First American Title Insuran
Leevan Paul Simon -- Capital Title Agency Inc
Leevan Paul Simon $1,287,500 Capital Title Agency Inc
Reuter Wolfgang K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leevan Paul Simon $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2018 01/29/18 Sold $1,275,000 -5.6% $228 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
10/06/2017 10/06/17 Price Changed $1,350,000 -6.6% $242 / Sq Ft
09/11/2017 09/11/17 Price Changed $1,445,000 -3.3% $259 / Sq Ft
07/06/2017 07/06/17 Price Changed $1,495,000 -2.0% $268 / Sq Ft
06/06/2017 06/06/17 Price Changed $1,525,000 -4.4% $273 / Sq Ft
05/31/2017 05/31/17 For Sale $1,595,000 +25.1% $286 / Sq Ft
05/31/2017 05/31/17 Off Market $1,275,000 -- --
03/29/2017 03/29/17 Price Changed $1,595,000 -6.1% $286 / Sq Ft
03/02/2017 03/02/17 Price Changed $1,699,000 -4.8% $304 / Sq Ft
01/18/2017 01/18/17 Price Changed $1,785,000 -4.8% $320 / Sq Ft
10/04/2016 10/04/16 Price Changed $1,875,000 -4.1% $336 / Sq Ft
03/01/2016 03/01/16 Price Changed $1,955,000 -10.9% $350 / Sq Ft
10/15/2015 10/15/15 For Sale $2,195,000 -- $393 / 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 $6,102 $110,793 -- --
2024 $5,836 $105,518 -- --
2023 $5,836 $129,500 $25,900 $103,600
2022 $5,622 $96,050 $19,210 $76,840
2021 $6,104 $91,150 $18,230 $72,920
2020 $6,052 $87,610 $17,520 $70,090
2019 $5,970 $84,850 $16,970 $67,880
2018 $5,964 $83,020 $16,600 $66,420
2017 $5,205 $82,050 $16,410 $65,640
2016 $5,234 $79,380 $15,870 $63,510
2015 $4,903 $77,710 $15,540 $62,170
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nancy Sertich

    Russ Lyon Sotheby's International Realty

    (480) 585-7222

    62 in this area

    73 Total Sales

    Nancy Sertich
    Section Image

  • D

    Seller Co-Listing Agent in 2018

    Dena Bullard

    Russ Lyon Sotheby's International Realty

    (480) 585-7222

    63 in this area

    80 Total Sales

    Dena Bullard
    Section Image
  • Lisa Lucky

    Buyer's Agent in 2018

    Lisa Lucky

    Russ Lyon Sotheby's International Realty

    (602) 320-8415

    2 in this area

    316 Total Sales

    Lisa Lucky
    Section Image

  • L

    Buyer's Agent in 2018

    Lisa Broker

    Coldwell Banker Pinnacle Peak Realty

  • Laura Lucky

    Buyer Co-Listing Agent in 2018

    Laura Lucky

    Russ Lyon Sotheby's International Realty

    (480) 390-5044

    2 in this area

    309 Total Sales

    Laura Lucky
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5349095

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-332

Arizona Maricopa County Scottsdale 85255 Desert Highlands

10040 E Happy Valley Rd Unit 506, Scottsdale, AZ

This home is located at 10040 E Happy Valley Rd Unit 506, Scottsdale, AZ 85255 since 15 October 2015 and is currently estimated at $3,061,065, approximately $548 per square foot. This property was built in 1988. 10040 E Happy Valley Rd Unit 506 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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