NOT LISTED FOR SALE

Estimated Value: $4,570,000 - $5,396,905

4 Beds
5.5 Baths
7,832 Sq Ft
$648/Sq Ft Est. Value

Last Sold May 29, 2012

Last sale price $3,025,000 $386 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $28,534/month

541 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • 9.14 Acre Lot
  • Copper Ridge School Rated A
  • City Lights View
  • Two Primary Bathrooms

About This Home

As of May 2012

REDUCED $3.505 Million OFF ORIG LIST.SELLER WANTS SOLD! Seeking the ultimate home with unsurpassed PRIVACY & CITY LIGHT VIEWS EVERYWHERE! You just found it in the exclusive gated community of Canyon Heights. Perched on the highest hillside lot in Canyon Heights, you will enjoy panoramic views on this 9+ acre lot from nearly room in this award winning hm. Marvel at the elegant architectural wagon wheel spoked ceiling and patio detail.. Enjoy entertaining large or intimate gatherings with 5 patios to enjoy the best sunsets Arizona has to offer. 7 fireplaces, exercise room, negative edge pool, spa, built in BBQ and 6 car garage round out the ultimate in luxury. If your clients appreciate quality, privacy & outstanding views, you have found them the perfect home.

Last Agent to Sell the Property

Tom Locati

Russ Lyon Sotheby's International Realty License #SA521329000 Listed on: 09/28/2010

Russ Lyon Sotheby's International Realty

Co-Listed By

Barry Van Patten

Russ Lyon Sotheby's International Realty License #BR571733000

Last Buyer's Agent

Tom Locati

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,055

Year Built

  • Built in 1994

Lot Details

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

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 6 Car Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Santa Fe Architecture
  • Tile Roof
  • Built-Up Roof
  • Metal Construction or Metal Frame
  • Stucco

Interior Spaces

  • 7,832 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Vaulted Ceiling
  • Free Standing Fireplace
  • Two Way Fireplace
  • Gas Fireplace
  • Solar Screens
  • Living Room with Fireplace
  • 3 Fireplaces

Kitchen

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

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 5.5 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
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Built-In Barbecue

Schools

  • Desert Canyon Elementary School
  • Desert Canyon Middle School
  • Desert Mountain Elementary High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Propane
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 217-07-759

Community Details

Overview

  • Association fees include ground maintenance
  • Morrison Group Association, Phone Number (602) 263-7772
  • Built by Shiloh Custom Homes
  • Canyon Heights Subdivision, Custom Floorplan

Recreation

  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,055

Year Built

Built in 1994

Lot Details

0

HOA Fees

$125 per month

Parking

6

Listing Details

  • Cross Street: Pima Road and Pinnacle Peak Road
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 125.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1994
  • Spa Private: Yes
  • Tax Year: 2011
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 9.14
  • Co List Office Mls Id: lyon06
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: Canyon Heights
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 1500.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Utilities Butane Propane: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Two Way Fireplace, Exterior Fireplace, Fire Pit, Free Standing, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Drink Wtr Filter Sys, Elevator, Fire Sprinklers, Vaulted Ceiling(s), Kitchen Island, 2 Master Baths, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 7832.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Fireplace:Two Way Fireplace: Yes
  • Fireplace:Freestnd Fireplace: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Metal
  • Roof: Tile, Built-Up
  • Construction:Frame - Metal: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, Over Height Garage, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Utilities: Propane
  • Cooling: Refrigeration
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Biking/Walking Path
  • Association Fee: 1500.0
  • Association Fee Frequency: Annually
  • Association Name: Morrison Group
  • Phone: 602-263-7772
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Morrison Group
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Desert Canyon Elementary
  • High School: Desert Mountain Elementary
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Desert Canyon Middle School

Lot Info

  • Lot Size Sq Ft: 398264.0
  • Parcel #: 217-07-759
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Shiloh Custom Homes

Tax Info

  • Tax Annual Amount: 17055.0
  • Tax Book Number: 217.00
  • Tax Lot: 6
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2010
Closed on
May 21, 2012
Sold by
Babat Chester C and Babat Doris
Bought by
Hughes Christopher R
Seller's Agent
Tom Locati
Russ Lyon Sotheby's International Realty
Buyer's Agent
Tom Locati
Russ Lyon Sotheby's International Realty
List Price
$4,250,000
Sold Price
$3,025,000
Premium/Discount to List
-$1,225,000
-28.82%
Current Estimated Value
$5,077,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,052,968
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
May 2, 2002
Sold by
Bonner John F
Bought by
Babat Chester C and Babat Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2001
Sold by
Kline George E and Kline Signe L
Bought by
Bonner John F and Via Ventosa Irrevocable Trust
Source: Public Records

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
Hughes Christopher R $3,025,000 First American Title Ins Co
Babat Chester C $3,850,000 Fidelity National Title
Bonner John F -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Babat Chester C $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2012 05/29/12 Sold $3,025,000 -13.4% $386 / Sq Ft
09/21/2011 09/21/11 Price Changed $3,495,000 +16.7% $446 / Sq Ft
09/13/2011 09/13/11 Price Changed $2,995,000 -25.0% $382 / Sq Ft
02/03/2011 02/03/11 Price Changed $3,995,000 -6.0% $510 / Sq Ft
09/28/2010 09/28/10 For Sale $4,250,000 -- $543 / 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 $21,959 $310,938 -- --
2024 $20,795 $296,132 -- --
2023 $20,795 $329,850 $65,970 $263,880
2022 $19,729 $268,600 $53,720 $214,880
2021 $22,315 $275,020 $55,000 $220,020
2020 $22,121 $265,910 $53,180 $212,730
2019 $21,345 $247,010 $49,400 $197,610
2018 $21,033 $254,260 $50,850 $203,410
2017 $20,144 $239,120 $47,820 $191,300
2016 $19,753 $223,660 $44,730 $178,930
2015 $18,802 $224,110 $44,820 $179,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4467032

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-07-759