NOT LISTED FOR SALE

Estimated Value: $4,991,000 - $5,887,000

9 Beds
10 Baths
11,980 Sq Ft
$454/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $3,600,000 $301 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $30,079/month

325 Days on Market

Highlights

  • Guest House
  • Equestrian Center
  • Heated Pool
  • Laguna Elementary School Rated A
  • Barn
  • RV Gated

About This Home

As of October 2020

GENEROUS PRICE REDUCTION! Truly Magnificent Scottsdale Equestrian Compound!
Drive thru the Estate's private gate to find, not one, but TWO spectacular homes with almost 12,000 square feet of combined living space, a 600+ square foot casita, a beautiful 5-stall barn, a 3-stall mare motel and a riding arena. Upon entering the over 8,100 square foot main home, you will be instantly struck by the cathedral ceiling living room with spectacular mountain views. The house has 5 in-suite bedrooms, including a private upstairs guest suite and first-floor master suite complete with a fireplace, dual sinks/vanities, huge his and her walk-in closets, private commodes and a gorgeous walk-in shower...MORE At the heart of the house, is the over-sized great room, with a floor to ceiling stone fireplace, wet bar, and wine cellar. The adjacent kitchen is a gourmet cook's delight, boasting two islands, exquisite tiled backsplash, custom wood cabinetry and top of the line appliances. And, just steps away is a gorgeous state-of-the-art media room-perfect for movie night! In addition, the home has an office with built-in library/bookcases, a formal dining room with a butler's pantry, an exercise room, and a second upstairs great room perfect for more family fun! The backyard looks like you stepped into a resort complete with a heated Pool/Spa, gourmet outdoor kitchen, fireplace, fire pits and a lighted half court sports court.
The estate's 3,200+ square foot second home could be used for multigenerational living, hosting guests, or as an income-rental property. This home has three in-suite bedrooms, including a large, upstairs master suite, great room, fireplaces, hardwood and stone flooring, gorgeous views, large island kitchen, office/den, two-car garage, and its own private backyard complete with a beautiful heated, diving pool. In addition, adjacent to this home, with a private entrance, is a two-room casita, perfect for additional guests or a domestic help living quarters.
Finally, between the two houses sits the crown jewel of the property for equestrian lovers  a magnificent barn with state-of the-art automatic waterers, a fly and misting system, and tack and feed rooms. Take a stroll across the beautifully lighted bridge to the mare motel or over to the riding arena, both complete with top-grade footing and sprinkling systems. The property has direct access out of the estate's private gate to miles and miles of horseback riding trails and the City of Scottsdale Stonegate Equestrian Park which has 2 equestrian arenas and a round pen that is maintained by the city. The property is located near fine dining, shopping, parks, and highly rated schools, including Basis private school and Desert Mountain High School. Don't hesitate! Book your private showing today! This one-of-a-kind extraordinary property is everything you've been dreaming of and so much more!

Last Agent to Sell the Property

Joanne Joni DiMino

Compass License #SA668007000 Listed on: 10/12/2019

Co-Listed By

Christopher Karas

Compass License #SA555869000

Last Buyer's Agent

Joni DiMino

Realty Executives License #SA668007000

Realty Executives

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,886

Year Built

  • Built in 2007

Lot Details

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

Parking

  • 6 Car Garage
  • 10 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway
  • RV Gated

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 11,980 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Fire Sprinkler System

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 10 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Pool
  • Spa
  • Diving Board

Outdoor Features

  • Covered patio or porch
  • Fire Pit
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

  • Laguna Elementary School
  • Mountainside Middle School

Farming

  • Barn
  • Hot Walker

Horse Facilities and Amenities

  • Equestrian Center
  • Horse Automatic Waterer
  • Horses Allowed On Property
  • Horse Stalls
  • Corral
  • Tack Room
  • Arena

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 217-31-761

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Belmont
  • Donovan Ranch Subdivision

Recreation

  • Sport Court
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,886

Year Built

Built in 2007

Lot Details

0

Parking

6

Listing Details

  • Cross Street: Shea & 128th St.
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 10.0
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2007
  • Spa Private: Yes
  • Tax Year: 2019
  • Property Sub Type: Single Family - Detached
  • Horses: Yes
  • Lot Size Acres: 2.41
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: Donovan Ranch
  • Architectural Style: Spanish
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Possible Use: Ranch/Farm
  • Spa Features: Private
  • Possible Bedrooms: 12
  • Total Bedrooms: 9
  • Fireplace Features: 3+ Fireplace, Fire Pit, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Fire Sprinklers, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 11980.0
  • Stories: 2
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Other Rooms:BonusGame Room: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Separate Workshop: Yes
  • Other Rooms:Media Room: Yes
  • Community Features:Horse Facility: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Covered Patio(s), Patio, Private Street(s), Private Yard, Sport Court(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: Diving Pool, Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Stucco, Stone, Frame - Wood
  • Other Structures: Guest House
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Sport Court(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Electric Door Opener, Rear Vehicle Entry, RV Gate, RV Access/Parking
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Open Parking Spaces: 10.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:RV Parking: Yes
  • Parking Features:Rear Vehicle Entry: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric, Natural Gas
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Horse Facility
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Laguna Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mountainside Middle School

Lot Info

  • Horse Amenities: Arena, Auto Water, Barn, Bridle Path Access, Corral(s), Hot Walker, Stall, Tack Room
  • Land Lease: No
  • Lot Size Sq Ft: 104973.0
  • Parcel #: 217-31-761
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Belmont

Tax Info

  • Tax Annual Amount: 15886.0
  • Tax Book Number: 217.00
  • Tax Lot: 0
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2019
Closed on
Oct 6, 2020
Sold by
Donovan Timothy R and Donovan Elaine T
Bought by
Bjorkman Katherine A and Katherine A Bjorkman Trust
Seller's Agent
Joanne Joni DiMino
Compass
Buyer's Agent
Joni DiMino
Realty Executives
List Price
$4,950,000
Sold Price
$3,600,000
Premium/Discount to List
-$1,350,000
-27.27%
Total Days on Market
325
Current Estimated Value
$5,442,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,842,011
Avg. Annual Appreciation
9.31%

Purchase Details

Closed on
Jan 22, 2009
Sold by
Adum Pedro J
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
Mar 29, 2007
Sold by
R & R Realestate Llc
Bought by
Donovan Timothy R and Donovan Elaine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 12, 2001
Sold by
Couturier Kami Jo
Bought by
Adum Pedro J

Purchase Details

Closed on
Jul 2, 1994
Sold by
Grenier Dennis G and Grenier Sandra J
Bought by
Couturier Richard and Couturier Kami Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
8.78%
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
Bjorkman Katherine A $3,600,000 American Title Svc Agcy Llc
Indymac Federal Bank Fsb $697,500 None Available
Donovan Timothy R $3,775,000 Capital Title Agency Inc
Adum Pedro J $535,000 Capital Title Agency Inc
Couturier Kami Jo -- Capital Title Agency Inc
Couturier Richard $62,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donovan Timothy R $1,000,000
Previous Owner Donovan Timothy R $825,000
Previous Owner Adum Pedro $350,000
Previous Owner Donovan Timothy R $825,000
Previous Owner Donovan Timothy R $1,870,000
Previous Owner Adum Pedro $163,450
Previous Owner Adum Pedro J $642,000
Previous Owner Couturier Richard $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $3,600,000 -19.9% $301 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
03/13/2020 03/13/20 Price Changed $4,495,000 -9.2% $375 / Sq Ft
10/09/2019 10/09/19 For Sale $4,950,000 -- $413 / 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 $14,381 $246,357 -- --
2024 $15,876 $234,626 -- --
2023 $15,876 $346,500 $69,300 $277,200
2022 $15,032 $261,650 $52,330 $209,320
2021 $16,008 $264,000 $52,800 $211,200
2020 $16,463 $255,330 $51,060 $204,270
2019 $15,886 $255,930 $51,180 $204,750
2018 $19,381 $240,700 $48,140 $192,560
2017 $18,562 $231,200 $46,240 $184,960
2016 $18,202 $235,650 $47,130 $188,520
2015 $17,325 $193,900 $38,780 $155,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5989272

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-31-761