NOT LISTED FOR SALE

Estimated Value: $1,214,000 - $1,509,000

4 Beds
3.5 Baths
3,400 Sq Ft
$412/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $1,000,000 $294 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,467/month

78 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • 0.32 Acre Lot
  • Shadow Mountain High School Rated A-
  • City Lights View
  • Contemporary Architecture

About This Home

As of August 2019

Spectacular Lookout Mountain Single Level Contemporary Home in a Private Gate Guarded Community called The Ridge at Lookout Mountain .
Tomacek Design imagined this home specifically for the characteristics of this lot to best capture expansive Mountain, Golf Course and City Vistas
This home features an open 3400 SF, 4 BR and Den Split Plan with 3.5 Baths . Soaring 12ft ceilings flow through the main living area and views are enjoyed through the entire home. The Great Room has Multi Slide door which opens to a view Patio and large grassed yard. The second pavered courtyard with metal planter boxes just off the formal dining room enjoys amazing westerly and Sunset views. A warm Contemporary Color Palette and Finishes have been selected for the residence with rich wood plank flooring, white oak cabinetry with black edge pulls, GE Café series appliances and gas range , The two tone Quartz kitchen with a 10 foot long waterfall island forms the hub of the main living area and an inviting entertaining space .
The Split Owners Suite has a bathroom with Soaking Tub and oversized Terrazzo tile Shower , Floating Bathroom Cabinets and Quartz Counters. The Master Closet is spacious with custom built ins including drawers and hamper. Storage throughout the home is abundant with a huge walk in pantry , large laundry with folding counter and cabinets and other bedrooms have secondary walk in closets. This home represents incredible quality , style and value.

Last Agent to Sell the Property

Craig Young

REI Marketing License #BR107286000 Listed on: 04/18/2019

Co-Listed By

Nathan Ottosen

REI Marketing License #BR639651000

Last Buyer's Agent

Paul Bang

HomeSmart License #SA671997000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,849

Year Built

  • Built in 2019 | Under Construction

Lot Details

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

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Tandem Parking
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 3,400 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Hidden Hills Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Water Softener

Additional Features

  • No Interior Steps
  • ENERGY STAR Qualified Equipment for Heating
  • Covered patio or porch

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 214-47-839

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • The Management Trust Association, Phone Number (480) 284-5551
  • Built by Magee Builders
  • Ridge At Lookout Mountain Subdivision

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,849

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$210 per month

Parking

3

Listing Details

  • Cross Street: Cactus and Cave Creek Road
  • Legal Info Range: 3E
  • 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: 210.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2019
  • Tax Year: 2018
  • Directions: West on Cactus. Cactus becomes Thunderbird at Cave Creek Road. Thru the light at Cave Creek. Right on 18th Street. Left at the top of the hill. Thru the gate. House is up the hill on the right.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.32
  • Co List Office Mls Id: rmpl03
  • Co List Office Phone: 480-699-0777
  • Subdivision Name: RIDGE AT LOOKOUT MOUNTAIN
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 210.0
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3400.0
  • Stories: 1
  • Window Features: Dual Pane, Low-E, Tinted Windows
  • Fireplace:No Fireplace: 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
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Yard
  • Lot Features: Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Property Condition: Complete Spec Home, Under Construction
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Construction Status:Complete Spec Home: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Tandem
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric, ENERGY STAR Qualified Equipment
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Golf
  • Amenities: Management
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: The Ridge
  • Phone: 480-284-5551
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: The Ridge
  • Association Fees:HOA Telephone4: 480-284-5551
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: The Management Trust
  • 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: Hidden Hills Elementary School
  • High School: Shadow Mountain High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13858.0
  • Parcel #: 214-47-839
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Magee Builders

Tax Info

  • Tax Annual Amount: 1849.0
  • Tax Book Number: 214.00
  • Tax Lot: 7
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Aug 9, 2019
Sold by
Mv Builders Llc
Bought by
Lu Alexander
Seller's Agent
Craig Young
REI Marketing
Buyer's Agent
Paul Bang
HomeSmart
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Total Days on Market
78
Current Estimated Value
$1,400,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,158
Avg. Annual Appreciation
7.25%
Original Mortgage
$400,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2017
Sold by
Klee Family Llc
Bought by
Mv Builders Llc

Purchase Details

Closed on
Jul 12, 2016
Sold by
Davis David E and Davis Cynthia L
Bought by
Klee Family Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 16, 2005
Sold by
Saxe Brian and Saxe Genevieve
Bought by
Davis David E and Davis Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2005
Sold by
Valley Alegre Llc
Bought by
Saxe Brian and Saxe Genevieve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2004
Sold by
Oberg Kenneth and Oberg Patricia
Bought by
Valley Alegre Llc

Purchase Details

Closed on
Aug 13, 2001
Sold by
Graham Kenneth and Graham Barbara
Bought by
Oberg Kenneth and Oberg Patricia

Purchase Details

Closed on
Aug 16, 1999
Sold by
Lookout Mountain Estates Llc
Bought by
Graham Kenneth and Graham Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.47%
Mortgage Type
New Conventional
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
Lu Alexander $1,000,000 Grand Canyon Title Agency
Mv Builders Llc $143,500 Grand Canyon Title Agency
Klee Family Llc $125,000 Great American Title Agency
Davis David E $355,000 --
Saxe Brian $295,000 Title Security Agency Of Az
Valley Alegre Llc $225,000 North American Title Co
Oberg Kenneth $152,000 Grand Canyon Title Agency In
Graham Kenneth $115,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Alexander $406,200
Closed Lu Alexander $400,000
Previous Owner Mv Builders Llc $632,700
Previous Owner Klee Family Llc $35,000
Previous Owner Klee Family Llc $114,000
Previous Owner Davis David E $319,500
Previous Owner Saxe Brian $265,500
Previous Owner Graham Kenneth $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $1,000,000 -9.1% $294 / Sq Ft
07/05/2019 07/05/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $1,100,000 -- $324 / 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 $4,765 $53,899 -- --
2024 $4,653 $51,332 -- --
2023 $4,653 $113,360 $22,670 $90,690
2022 $4,600 $83,950 $16,790 $67,160
2021 $4,615 $62,250 $12,450 $49,800
2020 $4,454 $60,330 $12,060 $48,270
2019 $1,912 $16,650 $16,650 $0
2018 $1,849 $18,945 $18,945 $0
2017 $1,773 $20,730 $20,730 $0
2016 $1,743 $17,025 $17,025 $0
2015 $1,722 $21,440 $21,440 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5913431

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-47-839