NOT LISTED FOR SALE

Estimated Value: $5,157,000 - $11,128,932

6 Beds
11 Baths
16,976 Sq Ft
$480/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $10,500,000 $619 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $53,137/month

181 Days on Market

Highlights

  • Guest House
  • Golf Course Community
  • Gated with Attendant
  • Copper Ridge School Rated A
  • Fitness Center
  • Heated Spa

About This Home

As of January 2024

Re-introducing this luxurious and gracious estate, strategically placed amongst the magnificent McDowell Mountains in the Upper Canyon of Silverleaf. The sophisticated 16,000+ sq ft. custom luxury retreat has been impeccably executed and lovingly maintained. With 3 full en-suite principal bedrooms, each with walk-in closets, and washer and dryer, 3 offices and 2 separate guest suites, this home was thoughtfully designed for maximum flexibility. The grand floor plan masterfully blends a stunning chefs' kitchen featuring beautiful granite countertops, double islands, and exceptional custom crafted cabinets, with a light and airy breakfast nook, family room, living room, great room, and game room – all delivered with flawless grace. Other thoughtful amenities located throughout this...MORE magnificent estate include custom cabinetry, multiple living and entertaining areas, including a fully equipped state-of-the-art theater room, multiple storage areas throughout and a gated motor court with six garages. The home is surrounded by mountain peaks and city views that are expansive and unobstructed. Multiple courtyards and balconies deliver tranquil privacy, while beautiful outdoor kitchen and bar areas deliver a fabulous backdrop for extraordinary entertaining.

Last Agent to Sell the Property

Lisa Westcott

RETSY License #BR542480000 Listed on: 09/22/2022

RETSY

Last Buyer's Agent

Connor Sabanosh

Silverleaf Realty License #SA683361000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $87,558

Year Built

  • Built in 2011

Lot Details

  • 2.68 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $451 Monthly HOA Fees

Parking

  • 6 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 16,976 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 11 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Fire Pit
  • Built-In Barbecue

Schools

  • Copper Ridge Elementary School
  • Copper Ridge Middle School
  • Chaparral High School

Utilities

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

Additional Features

  • Guest House
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 1613
  • Assessor Parcel Number 217-08-256

Community Details

Overview

  • Association fees include ground maintenance
  • Dc Ranch Association, Phone Number (480) 513-1500
  • Built by Sommer Custom Homes
  • Silverleaf Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$87,558

Year Built

Built in 2011

Lot Details

0

HOA Fees

$451 per month

Parking

6

Listing Details

  • Cross Street: Thompson Peak Parkway & Legacy Blvd
  • 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: 450.7
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2011
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: North on Thompson Peak Pkwy, Right at Windgate Pass. Guard will give you directions.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 2.68
  • Subdivision Name: Silverleaf
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 450.7
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Fire Pit, Family Room, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 16976.0
  • Stories: 2
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Front, Grass Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Other Structures: Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: 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:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Garage Door Opener, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Separate Strge Area, Gated
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: 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: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop, Guarded Entry, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Club, Membership Opt, Management
  • Association Fee: 450.7
  • Association Fee Frequency: Monthly
  • Association Name: DC Ranch
  • Phone: 480-513-1500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 525.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: DC Ranch
  • Association Fees:HOA Telephone4: 480-513-1500
  • 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 Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Copper Ridge Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Copper Ridge Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 116742.0
  • Parcel #: 217-08-256
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Sommer Custom Homes

Tax Info

  • Tax Annual Amount: 87558.0
  • Tax Book Number: 217.00
  • Tax Lot: 1613
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Jan 5, 2024
Sold by
Herman Michael D and Herman Debra
Bought by
Merrill B Stromer Revocable Trust and Stromer
Seller's Agent
Lisa Westcott
RETSY
Buyer's Agent
Connor Sabanosh
Silverleaf Realty
List Price
$12,500,000
Sold Price
$10,500,000
Premium/Discount to List
-$2,000,000
-16%
Total Days on Market
181
Views
99
Current Estimated Value
$8,142,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,357,034
Avg. Annual Appreciation
-16.50%

Purchase Details

Closed on
Mar 11, 2011
Sold by
Herman Michael D and Herman Debra
Bought by
Silver Spurs Equine Academy Llc

Purchase Details

Closed on
May 11, 2009
Sold by
Riggs Bob J and Riggs Angela L
Bought by
Herman Michael D and Herman Debra

Purchase Details

Closed on
Jan 9, 2008
Sold by
Mcmahan J Dan and Mcmahan Darlene E
Bought by
Riggs Bob J and Riggs Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Dc Ranch Llc
Bought by
Mcmahan J Dan and Mcmahan Darlene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$966,000
Interest Rate
5.37%
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
Merrill B Stromer Revocable Trust $10,500,000 Premier Title Agency
Silver Spurs Equine Academy Llc $1,012,500 Pioneer Title Agency Inc
Herman Michael D $1,495,000 Pioneer Title Agency Inc
Riggs Bob J $1,750,000 Westland Title Agency Of Az
Mcmahan J Dan $1,208,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herman Michael D $2,000,000
Previous Owner Herman Michael D $1,000,000
Previous Owner Herman Michael D $5,162,000
Previous Owner Herman Michael D $3,500,000
Previous Owner Herman Michael D $2,450,000
Previous Owner Herman Michael D $3,468,000
Previous Owner Riggs Bob J $1,312,500
Previous Owner Mcmahan J Dan $966,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $10,500,000 -16.0% $619 / Sq Ft
07/15/2023 07/15/23 Price Changed $12,500,000 0.0% $736 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
03/14/2023 03/14/23 Pending -- -- --
09/15/2022 09/15/22 For Sale $12,500,000 -- $736 / 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 $85,800 $1,207,171 -- --
2024 $84,344 $1,149,687 -- --
2023 $84,344 $1,218,260 $243,650 $974,610
2022 $80,088 $1,042,800 $208,560 $834,240
2021 $87,558 $1,137,550 $227,510 $910,040
2020 $86,826 $974,130 $194,820 $779,310
2019 $85,540 $961,620 $192,320 $769,300
2018 $82,999 $932,410 $186,480 $745,930
2017 $79,678 $926,480 $185,290 $741,190
2016 $78,177 $875,150 $175,030 $700,120
2015 $75,081 $792,610 $158,520 $634,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6464410

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-08-256