NOT LISTED FOR SALE

Estimated Value: $3,716,000 - $5,785,000

4 Beds
4.5 Baths
9,507 Sq Ft
$524/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $3,175,000 $334 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $27,736/month

56 Days on Market

Highlights

  • Concierge
  • Golf Course Community
  • Heated Spa
  • Black Mountain Elementary School Rated A-
  • Gated with Attendant
  • Two Primary Bathrooms

About This Home

As of August 2021

This majestic hillside estate offers picturesque views of the Valley of the Sun. Exquisite finishes abound in this Lee Hutchison Designed/Phil Smith Built masterpiece. 4 ensuite bedrooms, game room, office, wine room, gourmet kitchen, family room, living room make for the perfect home for entertaining and family enjoyment! Wraparound Patio with fireplace, TV, barbecue, dipping pool, spa and waterfall is ideal for capturing the magic of the Sonoran desert surrounded by spectacular boulder outcroppings and unparalleled Valley views. Truly a one of a kind home!!
Membership to The Desert Mountain Club is available through the Club.

Last Agent to Sell the Property

Anne Morrissey

Russ Lyon Sotheby's International Realty License #SA529774000 Listed on: 04/26/2021

Russ Lyon Sotheby's International Realty

Co-Listed By

Karen Baldwin

Russ Lyon Sotheby's International Realty License #SA104221000

Last Buyer's Agent

Danelle Sucato-Morris

Citiea License #SA543276000

Citiea

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,028

Year Built

  • Built in 2001

Lot Details

  • 0.97 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front Yard Sprinklers

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 9,507 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • Skylights
  • Two Way Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

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

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 219-47-411

Community Details

Overview

  • Association fees include ground maintenance
  • Desert Mountain Association, Phone Number (480) 635-5600
  • Built by Phil Smith
  • Desert Mountain Subdivision, Custom W/ Views Floorplan

Recreation

  • Golf Course Community
  • Tennis Courts
  • Heated Community Pool
  • Community Spa

Additional Features

  • Concierge
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,028

Year Built

Built in 2001

Lot Details

0

HOA Fees

$175 per month

Parking

3

Listing Details

  • Cross Street: Cave Creek and Pima
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 175.33
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2001
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: North on Pima to Cave Creek Road. East to Desert Mountain. North to guard gate. Ask guard for directions to Sunset Canyon 48
  • Master Model: Custom w/ views
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.97
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: Desert Mountain
  • Architectural Style: Other
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 1052.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Possible Bedrooms: 7
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Two Way Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Central Vacuum, Elevator, Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm
  • Living Area: 9507.0
  • Stories: 3
  • Window Features: Skylight(s)
  • Community Features:Community Pool: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: 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
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Community Features:Concierge: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Built-in Barbecue
  • Lot Features: Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Stone, Block
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Balcony: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Guarded Entry, Concierge, Tennis Court(s)
  • Association Fee: 1052.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain
  • Phone: 480-635-5600
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Desert Mountain
  • Association Fees:HOA Telephone4: 4806355600
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 42090.0
  • Parcel #: 219-47-411

Building Info

  • Builder Name: Phil Smith

Tax Info

  • Tax Annual Amount: 15028.0
  • Tax Book Number: 219.00
  • Tax Lot: 48
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jul 8, 2021
Sold by
Reins Victoria L and Reins Ralph
Bought by
Welch John and Welch Martha Lynn
Seller's Agent
Anne Morrissey
Russ Lyon Sotheby's International Realty
Buyer's Agent
Danelle Sucato-Morris
Citiea
List Price
$4,395,000
Sold Price
$3,175,000
Premium/Discount to List
-$1,220,000
-27.76%
Current Estimated Value
$4,983,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,808,610
Avg. Annual Appreciation
10.25%
Original Mortgage
$2,540,000
Outstanding Balance
$2,329,489
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,416,745

Purchase Details

Closed on
Feb 23, 2004
Sold by
Reins Ralph E and Reins Victoria L
Bought by
Reins Ralph E and Reins Victoria L

Purchase Details

Closed on
Jan 26, 2004
Sold by
Reins Ralph E and Reins Victoria L
Bought by
Reins Ralph E and Reins Victoria L
Source: Public Records

Range of Values:

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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
Welch John $3,175,000 First Arizona Title Agency
Reins Ralph E -- --
Reins Ralph E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch John $2,540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $3,175,000 -3.6% $334 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
05/26/2021 05/26/21 Price Changed $3,295,000 -25.0% $347 / Sq Ft
04/26/2021 04/26/21 For Sale $4,395,000 -- $462 / 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 $14,913 $292,571 -- --
2024 $14,398 $278,639 -- --
2023 $14,398 $282,900 $56,580 $226,320
2022 $13,937 $265,800 $53,160 $212,640
2021 $15,079 $250,380 $50,070 $200,310
2020 $15,028 $261,130 $52,220 $208,910
2019 $14,480 $257,810 $51,560 $206,250
2018 $14,027 $233,620 $46,720 $186,900
2017 $13,409 $238,680 $47,730 $190,950
2016 $13,453 $221,250 $44,250 $177,000
2015 $12,657 $249,280 $49,850 $199,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6227032

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-411