NOT LISTED FOR SALE

10040 E Happy Valley Rd Unit 801 Scottsdale, AZ 85255

Desert Highlands Neighborhood

Estimated Value: $5,431,654

4 Beds
5.5 Baths
7,434 Sq Ft
$731/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $3,795,000 $510 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $32,769/month

21 Days on Market

Highlights

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

About This Home

As of February 2021

Located in the exclusive Club Estates this Bob Bacon designed contemporary masterpiece looks over the 10th fairway to sensational city light and mountain views. The Magnificent great room and family room both open with sliding windowed doors spacious outdoor living spaces. The finest finishes embrace the homes many features including a home theater, his and her offices, swank library, chef's kitchen and 3 guest en-suites. The posh Master suite has two covered patios, his and her closets, its own laundry and breakfast bar and an adjoining fitness room. The home includes several patio areas, an outdoor kitchen, pool bath, a sparkling pool and heated spa. Only a few steps to the award winning DH clubhouse where you will enjoy fine & casual dining and social gatherings. Club amenities include a Jack Nicklaus Signature golf course (home of the inaugural Skins Game), 18-hole putting course, Racquet Club, 13 tennis courts including 4 grass courts, 2 pickle ball courts, near 10,00/sf fitness center, walking paths, garden amenity for barbecues and picnics, guard gated and security patrol. A $75,000 membership fee is due from buyer at close of escrow

Last Listed By

Michael Domer

Compass License #BR011375000 Listed on: 11/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,694

Year Built

  • Built in 2000

Lot Details

  • 1.49 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $1,325 Monthly HOA Fees

Parking

  • 5 Car Direct Access Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 7,434 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Fire Pit
  • 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 Filtration System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 217-03-564

Community Details

Overview

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

Amenities

  • Clubhouse
  • 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

$13,694

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,325 per month

Parking

5

Listing Details

  • Cross Street: Pima & Happy Valley Rd.
  • 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: 1325.0
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2000
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: From Pima Rd, go east on Happy Valley 1.2 miles to Golf Club Drive, north to guard gate for directions to property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.49
  • Co List Office Mls Id: wdan02
  • Co List Office Phone: 480-909-4577
  • Subdivision Name: DESERT HIGHLANDS
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1325.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Fire Pit, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Fire Sprinklers, Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 7434.0
  • Stories: 1
  • Window Features: Dual Pane
  • 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:Kitchen Island: 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
  • Kitchen Features Pantry: 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:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Misting System, Patio, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course, Cul-De-Sac, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Stone, Block
  • Roof: Built-Up
  • Construction:Block: 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:Misting System: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: 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: Gated Community, Community Spa Htd, Community Pool Htd, Guarded Entry, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Self Managed
  • Association Fee: 1325.0
  • 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: 75000.0
  • 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

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: 64786.0
  • Parcel #: 217-03-564
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 13694.0
  • Tax Book Number: 217.00
  • Tax Lot: 1
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Jan 29, 2021
Sold by
Haugen Larry D and Haugen Dyan L
Bought by
Nahas Richard and Nahas Caroline
Seller's Agent
Michael Domer
Compass
Buyer's Agent
Christopher Buckley
West USA Realty
List Price
$3,795,000
Sold Price
$3,795,000
Total Days on Market
21
Current Estimated Value
$5,431,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,636,654
Avg. Annual Appreciation
8.70%
Original Mortgage
$2,277,000
Outstanding Balance
$2,046,467
Interest Rate
2.3%
Mortgage Type
New Conventional
Estimated Equity
$3,385,187

Purchase Details

Closed on
Apr 29, 2005
Sold by
Haugen Larry D and Haugen Dyan L
Bought by
Haugen Larry D and Haugen Dyan L

Purchase Details

Closed on
Feb 12, 1998
Sold by
Anderson Lyle H
Bought by
Haugen Larry D and Haugen Dyan L

Purchase Details

Closed on
Apr 25, 1997
Sold by
Desert Highlands Development Co Inc
Bought by
Anderson Lyle H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
7.86%

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
Nahas Richard $3,795,000 Chicago Title Agency
Haugen Larry D -- --
Haugen Larry D $750,000 First American Title
Anderson Lyle H -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nahas Richard $2,277,000
Previous Owner Haugen Larry D $100,000
Previous Owner Anderson Lyle H $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Sold $3,795,000 0.0% $510 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $3,795,000 -- $510 / 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 $12,491 $247,628 -- --
2024 $12,094 $235,836 -- --
2023 $12,094 $281,310 $56,260 $225,050
2022 $11,704 $213,910 $42,780 $171,130
2021 $13,250 $212,620 $42,520 $170,100
2020 $13,694 $209,660 $41,930 $167,730
2019 $15,648 $236,160 $47,230 $188,930
2018 $15,160 $224,030 $44,800 $179,230
2017 $15,186 $223,130 $44,620 $178,510
2016 $15,536 $216,870 $43,370 $173,500
2015 $14,621 $206,230 $41,240 $164,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6155405

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-03-564