NOT LISTED FOR SALE

Estimated Value: $2,934,000 - $3,575,000

4 Beds
5 Baths
4,205 Sq Ft
$777/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $2,400,000 $571 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $19,052/month

23 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • Contemporary Architecture
  • Sonoran Trails Middle School Rated A-
  • Mountain View
  • 3 Fireplaces

About This Home

As of March 2021

Outstanding high tech custom home by renown builder Geoffrey Edmunds. Imagine choosing a spectacular 1+acre lot, selecting only the very best of everything and then executing with a soft contemporary style. The result is this spectacular 4,696 SF home in one of the most desirable N. Scottsdale gated communities, Pinnacle Peak Place. Open concept kitchen and family room connect seamlessly to the resort style exterior via huge electric sliders. Costing over $3M to build, the home delivers excellence and a turnkey opportunity as designer furniture is available separately. Perfect casita, den and 4 car garage add to the numerous features of this masterpiece. Dream backyard with superb mountain views, gathering points, putting greens and a huge dramatic pool and spa. Get ready to enjoy!

Last Agent to Sell the Property

James Cohen

Realty ONE Group License #SA025471000 Listed on: 12/28/2020

Co-Listed By

Herbert Budwig

Realty ONE Group License #SA637837000

Last Buyer's Agent

Karen Sauer

Russ Lyon Sotheby's International Realty License #BR516363000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,348

Year Built

  • Built in 2008

Lot Details

  • 1.26 Acre Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Built-Up Roof

Interior Spaces

  • 4,205 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • 3 Fireplaces
  • Double Pane Windows
  • Mechanical Sun Shade
  • Solar Screens
  • Mountain Views
  • Fire Sprinkler System

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Private Pool

Outdoor Features

  • Covered patio or porch
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

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

Utilities

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

Community Details

  • Association fees include ground maintenance
  • Pinnacle Peak Place Association, Phone Number (602) 263-7772
  • Built by Edmunds
  • Pinnacle Peak Place Subdivision

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 217-04-483

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,348

Year Built

Built in 2008

Lot Details

0

HOA Fees

$105 per month

Parking

4

Listing Details

  • Cross Street: Pima Road & Happy ValleyRoad
  • 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: 105.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Spa Private: Yes
  • Tax Year: 2020
  • Directions: North on Pima from Happy Valley to Desert Highland Dr. East on Desert Highland Dr. North on 89th Street to gate. Continue on 89th Street, property is on the east side of the street.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.26
  • Co List Office Mls Id: reog01
  • Co List Office Phone: 480-315-1240
  • Subdivision Name: PINNACLE PEAK PLACE
  • Architectural Style: Contemporary
  • Efficiency: Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 315.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 4205.0
  • Stories: 1
  • Window Features: Mechanical Sun Shds, Double Pane Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Covered Patio(s), Patio, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Back, Natural Desert Front
  • Pool Features: Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Frame - Wood
  • Other Structures: Guest House
  • Roof: 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:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas, Other
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee: 315.0
  • Association Fee Frequency: Quarterly
  • Association Name: Pinnacle Peak Place
  • Phone: 602-263-7772
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Pinnacle Peak Place
  • Association Fees:HOA Telephone4: 602-263-7772
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54921.0
  • Parcel #: 217-04-483
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Edmunds

Tax Info

  • Tax Annual Amount: 7348.0
  • Tax Book Number: 217.00
  • Tax Lot: 78
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Mar 5, 2021
Sold by
Erman Joseph A
Bought by
Banks Jerry G
Seller's Agent
James Cohen
Realty ONE Group
Buyer's Agent
Karen Sauer
Russ Lyon Sotheby's International Realty
List Price
$2,400,000
Sold Price
$2,400,000
Total Days on Market
23
Current Estimated Value
$3,266,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$866,084
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Aug 22, 2012
Sold by
Erman Joseph A and Erman Ruth E
Bought by
Erman Joseph A and Joseph A Erman Restated Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2007
Sold by
Erman Joseph A and Erman Ruth E
Bought by
Erman Joseph A and The Joseph A Erman Restated Revocable Tr

Purchase Details

Closed on
Mar 30, 2007
Sold by
Ppp Development Llc
Bought by
Erman Joseph A and Erman Ruth E
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
Banks Jerry G $2,400,000 Pioneer Title Agency Inc
Erman Joseph A -- None Available
Erman Joseph A -- None Available
Erman Joseph A -- None Available
Erman Joseph A $915,000 Tsa Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Jerry G $1,800,000
Previous Owner Erman Joseph A $404,000
Previous Owner Erman Joseph A $417,000
Previous Owner Erman Joseph A $623,000
Previous Owner Erman Joseph A $1,200,000
Previous Owner The Joseph A Erman Restated Revocable Tr $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $2,400,000 0.0% $571 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $2,400,000 -- $571 / 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 $8,195 $148,801 -- --
2024 $7,838 $117,767 -- --
2023 $7,838 $196,770 $39,350 $157,420
2022 $6,794 $146,860 $29,370 $117,490
2021 $7,374 $138,410 $27,680 $110,730
2020 $7,348 $132,850 $26,570 $106,280
2019 $7,070 $116,960 $23,390 $93,570
2018 $6,839 $105,750 $21,150 $84,600
2017 $7,059 $108,380 $21,670 $86,710
2016 $7,083 $105,010 $21,000 $84,010
2015 $6,648 $98,200 $19,640 $78,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6183912

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-483