NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 511 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $596,000 - $885,039

0.79 Acre
$976,278 Price per Acre
34,412 Sq Ft Lot

Last Sold February 14, 2023

Last sale price $757,500

Est. 2% increase in value since last sale

Current estimated payment $5,758/month

98 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Property is near a golf course
  • Sonoran Trails Middle School Rated A-
  • City Lights View
  • 1-minute walk to Pinnacle Peak Park

About This Lot

As of February 2023

Without question, one of the absolute best lots in Desert Highlands is on the market for you to purchase! jaw dropping city and mountain views. Nestled in the mountain and ready for you to build your dream home! Unbeatable amenities include a Jack Nicklaus championship golf course, 18-hole putting course, award winning clubhouse, state of the art fitness center, and much more. Don't miss the chance to build your desert retreat!

Last Agent to Sell the Property

Lisa Roberts

Russ Lyon Sotheby's International Realty License #SA640564000 Listed on: 10/28/2022

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Mark Marsillo

Realty Executives License #SA037275000

Realty Executives

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,824

Lot Details

  • 0.79

HOA Fees

  • $1,500 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Schools

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

Additional Features

  • 0.79 Acre Lot
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 511
  • Assessor Parcel Number 217-04-337

Community Details

Overview

  • Desert Highlands Association, Phone Number (480) 419-3745
  • Desert Highlands Subdivision

Recreation

  • Golf Course Community

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,824

Lot Details

0

HOA Fees

$1,500 per month

Listing Details

  • Cross Street: Pima & Happy Valley Road
  • Legal Info Range: 5E
  • Property Type: Land
  • Development Status: Raw Land, Subdivision Plat Apv
  • Topography: Mountainous, Hillside
  • Zoning: Residential
  • Tax Year: 2022
  • Directions: Happy Valley east 1.2 miles to Golf Club Dr, left through Desert Highlands guard gate to Desert Highlands Dr, left to Desert Willow Dr, right to Apache Plume Dr, right to Rosewood Dr,right to Lot #511
  • Horses: No
  • Lot Size Acres: 0.79
  • Subdivision Name: DESERT HIGHLANDS
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Features:Gated Community3: Yes

Exterior Features

  • Lot Features: Golf Course Subd, Gated Community, Guarded Entry
  • View: Mountain(s), City Light(s)
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 1500.0
  • HOA Paid Frequency: Monthly
  • HOA Telephone: 480-419-3745
  • HOA Transfer Fee: 200.0
  • Association Fee: 1500.0
  • Association Fee Frequency: Monthly
  • Association Name: Desert Highlands
  • Phone: 480-419-3745
  • Association: Yes

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

  • Lot Size: Irr
  • Lot Size Sq Ft: 34195.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 217-04-337
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1824.0
  • Tax Book Number: 217.00
  • Tax Lot: 511
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
Christos B Marinakos Family Trust and Marinakos Christos B
Bought by
Jerry A Manning Trust and Manning
Current Estimated Value
$771,260

Purchase Details

Listed on
Oct 28, 2022
Closed on
Feb 14, 2023
Sold by
H Douglas Riley 2015 Revocable Trust
Bought by
Jerry A Manning Trust
Seller's Agent
Lisa Roberts
Russ Lyon Sotheby's International Realty
Buyer's Agent
Mark Marsillo
Realty Executives
List Price
$950,000
Sold Price
$757,500
Premium/Discount to List
-$192,500
-20.26%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.77%

Purchase Details

Closed on
May 1, 2019
Sold by
Riley H Douglas
Bought by
Riley H Douglas

Purchase Details

Closed on
Apr 6, 2018
Sold by
Riley Lot 511 Partnership
Bought by
Riley H Douglas

Purchase Details

Closed on
May 3, 2002
Sold by
Mammel Carl G and Mammel Joyce J
Bought by
Riley Lot 511 Partnership

Purchase Details

Closed on
Apr 11, 1995
Sold by
Kronenberger Robert A and Kronenberger Eileen Burke
Bought by
Mammel Carl G and Mammel Joyce J
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 Buyer Sale Price Title Company
Jerry A Manning Trust -- None Listed On Document
Jerry A Manning Trust $757,500 Empire Title Services
Riley H Douglas -- None Available
Riley H Douglas -- None Available
Riley Lot 511 Partnership $400,000 Capital Title Agency Inc
Mammel Carl G $450,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2023 02/14/23 Sold $757,500 -15.8% --
12/09/2022 12/09/22 Price Changed $900,000 -5.3% --
10/28/2022 10/28/22 For Sale $950,000 -- --
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 $1,980 $35,943 $35,943 --
2024 $1,893 $34,231 $34,231 --
2023 $1,893 $47,670 $47,670 $0
2022 $1,824 $37,590 $37,590 $0
2021 $1,980 $37,245 $37,245 $0
2020 $1,945 $33,975 $33,975 $0
2019 $1,887 $27,720 $27,720 $0
2018 $1,835 $30,735 $30,735 $0
2017 $1,767 $29,670 $29,670 $0
2016 $1,760 $31,560 $31,560 $0
2015 $1,775 $23,824 $23,824 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Roberts

    Seller's Agent in 2023

    Lisa Roberts

    Russ Lyon Sotheby's International Realty

    (480) 232-3291

    2 in this area

    336 Total Sales

    Lisa Roberts
    Section Image
  • Mark Marsillo

    Buyer's Agent in 2023

    Mark Marsillo

    Realty Executives

    (602) 885-5505

    1 in this area

    94 Total Sales

    Mark Marsillo
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6483099

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-337

Arizona Maricopa County Scottsdale 85255 Desert Highlands

10040 E Happy Valley Rd Unit 511, Scottsdale, AZ

This home is located at 10040 E Happy Valley Rd Unit 511, Scottsdale, AZ 85255 since 28 October 2022 and is currently estimated at $771,260. 10040 E Happy Valley Rd Unit 511 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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