NOT LISTED FOR SALE

Estimated Value: $3,132,000 - $4,382,000

4 Beds
5.5 Baths
5,749 Sq Ft
$691/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $3,950,000 $687 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $23,351/month

32 Days on Market

Highlights

  • Concierge
  • Golf Course Community
  • Gated with Attendant
  • Black Mountain Elementary School Rated A-
  • Fitness Center
  • Heated Spa

About This Home

As of March 2023

Golf Membership is available with this home. Authentic European Mediterranean-style masterpiece. Elegance abounds from this Lee Hutchison design/Phil Smith custom home. Nestled on one of the premier home sites in all of Desert Mountain, the views are endless. Large beams, Pietra stone floors, Cantera stone accents, custom cabinetry are just some of the superb details in this exquisite home. No detail has been overlooked, from the gourmet kitchen to the cherry wood floors in the study. This home offers superb craftsmanship, finishes, and some of the best views in all of the ''Valley of the Sun'' to enjoy from over 2,500 sf of covered patios.

Last Agent to Sell the Property

Bee Francis

Russ Lyon Sotheby's International Realty License #SA504994000 Listed on: 12/18/2022

Russ Lyon Sotheby's International Realty

Co-Listed By

Karen Baldwin

Russ Lyon Sotheby's International Realty License #SA104221000

Last Buyer's Agent

Mitchell Hundman

Russ Lyon Sotheby's International Realty License #SA656427000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,769

Year Built

  • Built in 2001

Lot Details

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

HOA Fees

  • $319 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Designed by Lee Hutchinson Architects
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 5,749 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 5.5 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

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 219-47-426

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Desert Mountain HOA, Phone Number (480) 635-5600
  • Built by Phil Smith
  • Desert Mountain Subdivision

Amenities

  • Concierge
  • Clubhouse
  • Recreation Room

Recreation

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

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,769

Year Built

Built in 2001

Lot Details

0

HOA Fees

$319 per month

Parking

3

Listing Details

  • Cross Street: Pima and Cave Creek
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Lee Hutchinson
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 319.39
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Spa Private: Yes
  • Tax Year: 2022
  • Directions: Pima rd north to Cave Creek rd east to Desert Mountain pkwy north and guard gate. Guard will give direction to the home.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.79
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: DESERT MOUNTAIN
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1916.34
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Fire Sprinklers, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 5749.0
  • Stories: 2
  • Window Features: Sunscreen(s), Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: 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:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • 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, Natural Desert Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Stone, Block, Frame - Wood
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • 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:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration
  • 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 Pool Htd, Guarded Entry, Golf, Concierge, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Association Fee: 1916.34
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain HOA
  • Phone: 480-635-5600
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Desert Mountain HOA
  • Association Fees:HOA Telephone4: 480-635-5600
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 0.5
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Black Mountain Elementary School
  • 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: 34236.0
  • Parcel #: 219-47-426
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Phil Smith

Tax Info

  • Tax Annual Amount: 9769.0
  • Tax Book Number: 219.00
  • Tax Lot: 63
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2022
Closed on
Mar 20, 2023
Sold by
Elliott John Raymond and Elliott Margaret
Bought by
Lyman Michael D and Lyman Lori
Seller's Agent
Bee Francis
Russ Lyon Sotheby's International Realty
Buyer's Agent
Mitchell Hundman
Russ Lyon Sotheby's International Realty
List Price
$4,199,000
Sold Price
$3,950,000
Premium/Discount to List
-$249,000
-5.93%
Total Days on Market
32
Views
7
Current Estimated Value
$3,972,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,317
Avg. Annual Appreciation
0.26%
Original Mortgage
$2,962,500
Outstanding Balance
$2,885,848
Interest Rate
5.88%
Mortgage Type
Construction
Estimated Equity
$1,086,469

Purchase Details

Closed on
May 6, 2010
Sold by
Hunt John T and Hunt Lori W
Bought by
Elliott John Raymond and Elliott Margaret

Purchase Details

Closed on
Dec 1, 1997
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Hunt John T and Hunt Lori W
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
Lyman Michael D $3,950,000 First American Title Insurance
Elliott John Raymond $3,050,000 Us Title Agency Llc
Hunt John T $581,250 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyman Michael D $2,962,500
Previous Owner Hunt John T $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $3,950,000 -5.9% $687 / Sq Ft
12/18/2022 12/18/22 For Sale $4,199,000 -- $730 / 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 $9,578 $192,512 -- --
2024 $9,269 $126,392 -- --
2023 $9,269 $218,860 $43,770 $175,090
2022 $9,769 $168,220 $33,640 $134,580
2021 $10,607 $158,380 $31,670 $126,710
2020 $10,889 $157,650 $31,530 $126,120
2019 $10,578 $155,650 $31,130 $124,520
2018 $10,288 $143,200 $28,640 $114,560
2017 $10,607 $148,880 $29,770 $119,110
2016 $10,560 $139,050 $27,810 $111,240
2015 $10,253 $154,230 $30,840 $123,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6502334

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-426