NOT LISTED FOR SALE

Estimated Value: $2,615,680 - $2,997,000

4 Beds
4.5 Baths
4,525 Sq Ft
$615/Sq Ft Est. Value

Last Sold January 11, 2012

Last sale price $1,170,000 $259 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $15,817/month

65 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • Fireplace in Primary Bedroom
  • Sonoran Trails Middle School Rated A-
  • Mountain View
  • Santa Barbara Architecture

About This Home

As of January 2012

Tremendous custom home in guard-gated Desert Summit. Abundant privacy and views coupled with great finishes and a versatile floor plan set this property apart. Rough-sawn beams, Venetian plaster accents & ceiling treatments, natural stone & wood flooring and designer appliances exemplify the quality of this residence. Master suite and office are split from the three additional guest suites providing privacy. Phenomenal outdoor space featuring a heated pool & spa, built-in barbecue bar, covered patio space and views to Four Peaks and the McDowell Mountains.

Last Agent to Sell the Property

Tom Locati

Russ Lyon Sotheby's International Realty License #SA521329000 Listed on: 09/06/2011

Russ Lyon Sotheby's International Realty

Co-Listed By

Will Foote

Russ Lyon Sotheby's International Realty License #SA561829000

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

  • $5,196

Year Built

  • Built in 2005

Lot Details

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

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,525 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 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
  • Play Pool

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 216-79-191

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Vip Property Mgt Association, Phone Number (480) 585-8684
  • Built by W. H. Mailloux
  • Desert Summit Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,196

Year Built

Built in 2005

Lot Details

0

HOA Fees

$92 per month

Parking

3

Listing Details

  • Cross Street: Pima Road & Happy Valley Road
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Total Monthly Fee Equivalent: 68.75
  • Basement: N
  • Updated Pool: Full
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2005
  • Spa Private: Yes
  • Tax Year: 2010
  • Directions: East on Happy Valley Road off Pima Road to Alma School Road, Norath on Alma School to Jomax, East on Jomas to 115th Street to Desert Summit.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.11
  • Co List Office Mls Id: lyon06
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: Desert Summit
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 275.0
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Fire Sprinklers, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 4525.0
  • Stories: 1
  • ResoLivingAreaSource: Builder
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: Play Pool, Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Amenities: Management
  • Association Fee: 275.0
  • Association Fee Frequency: Quarterly
  • Association Name: VIP Property Mgt
  • Phone: 480-585-8684
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 175.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: VIP Property Mgt
  • Association Fees:HOA Telephone4: 480-585-8684
  • 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: Desert Sun Academy
  • High School: Cactus High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size Sq Ft: 48255.0
  • Parcel #: 216-79-191
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: W. H. Mailloux

Tax Info

  • Tax Annual Amount: 5196.0
  • Tax Book Number: 216.00
  • Tax Lot: 90
  • Tax Map Number: 79.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2017
Sold by
David Carol J and David James W
Bought by
David Carol J and Carol J David Survivors Trust
Current Estimated Value
$2,782,170

Purchase Details

Closed on
Dec 17, 2013
Sold by
David James W and David Carol J
Bought by
David James W and David Carol J

Purchase Details

Listed on
Sep 6, 2011
Closed on
Nov 14, 2011
Sold by
Champion Kristi L and Champion Campbell F
Bought by
David James W and David Carol J
Seller's Agent
Tom Locati
Russ Lyon Sotheby's International Realty
Buyer's Agent
Lisa Lucky
Russ Lyon Sotheby's International Realty
List Price
$1,495,000
Sold Price
$1,170,000
Premium/Discount to List
-$325,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$417,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2006
Sold by
Mailloux William H
Bought by
Champion Campbell F and Champion Kristi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2003
Sold by
Dsa Ii Inc
Bought by
Mailloux William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,320
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
David Carol J -- None Available
David James W -- None Available
David James W $1,170,000 First American Title Ins Co
Champion Campbell F $1,654,055 Russ Lyon Title Llc
Mailloux William H $209,760 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner David James W $417,000
Previous Owner Champion Campbell F $650,000
Previous Owner Champion Campbell F $800,000
Previous Owner Mailloux William H $769,800
Previous Owner Mailloux William H $157,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2012 01/11/12 Sold $1,170,000 -21.7% $259 / Sq Ft
11/10/2011 11/10/11 Pending -- -- --
09/06/2011 09/06/11 For Sale $1,495,000 -- $330 / 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 $7,144 $146,474 -- --
2024 $6,909 $139,499 -- --
2023 $6,909 $166,950 $33,390 $133,560
2022 $6,678 $126,530 $25,300 $101,230
2021 $7,358 $122,160 $24,430 $97,730
2020 $7,606 $120,360 $24,070 $96,290
2019 $7,523 $117,600 $23,520 $94,080
2018 $7,495 $115,070 $23,010 $92,060
2017 $7,490 $115,660 $23,130 $92,530
2016 $7,515 $109,980 $21,990 $87,990
2015 $7,055 $106,430 $21,280 $85,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4641976

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-79-191