NOT LISTED FOR SALE

Estimated Value: $3,200,000 - $3,338,000

5 Beds
4.5 Baths
4,440 Sq Ft
$733/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $3,500,000 $788 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $17,907/month

46 Days on Market

Highlights

  • Guest House
  • Heated Lap Pool
  • Mountain View
  • Sonoran Trails Middle School Rated A-
  • Gated Community
  • Contemporary Architecture

About This Home

As of October 2023

Welcome to a residence like no other, where elegance and luxury converge in a breathtaking display of opulence. Discover the exquisite European influence and contemporary allure of this magnificent jewel-box nestled within the prestigious gated community of Pinnacle Peak Place in Scottsdale. Sprawling across 4,440 square feet of thoughtfully designed living space, this home effortlessly combines chic modern style with an atmosphere of serenity. As you step inside, be captivated by the seamless open-concept layout, perfect for both lavish entertaining and intimate gatherings. Step outside, and prepare to be enchanted by the spectacular outdoor living space, which unfolds before you like a work of art. Delight in the mesmerizing design of the sparkling salt water pool, masterfully crafted by Mossman Pools (builder of the Phoenician pools), featuring a striking raised negative edge that creates an illusion of endless tranquility.

The allure continues with a detached casita, providing a private retreat for guests or a secluded space for work or creativity. The outdoor kitchen & bar beckon culinary enthusiasts to indulge their passions, while the flickering fire features add an element of romance and enchantment to every evening spent beneath the stars.

Impeccable in every sense, this home has been meticulously cared for and exquisitely designed to cater to the most discerning buyer, someone who values the epitome of quality craftsmanship and attention to detail. The fusion of indoor and outdoor living spaces seamlessly connects you to nature's beauty, showcasing magnificent mountain views that serve as an ever-changing backdrop to your luxurious lifestyle.

Nestled on an oversized lot, this residence offers a rare opportunity to own a piece of paradise. Step inside and experience the magic as the tri-fold doors effortlessly fold away, revealing the stunning backyard oasis that awaits. Embrace the unparalleled luxury and sophistication that define this remarkable property.

In every aspect, this home is a testament to the art of fine living. With its unparalleled elegance, meticulous design, and exceptional features, this property invites the most discerning buyer to immerse themselves in a world of incomparable luxury. Indulge your senses, elevate your lifestyle, and make this unparalleled masterpiece your own.

Last Agent to Sell the Property

Kodi Riddle

eXp Realty License #BR514965000 Listed on: 07/21/2023

eXp Realty

Co-Listed By

Ross Mark

eXp Realty License #SA696789000

Last Buyer's Agent

Lexi McWhirter

Compass License #SA652984000

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,089

Year Built

  • Built in 2013

Lot Details

  • 0.96 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $105 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,440 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Living Room with Fireplace
  • 3 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Lap Pool
  • Heated Spa
  • Play Pool

Outdoor Features

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

Additional Homes

  • Guest House

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 217-04-452

Community Details

Overview

  • Association fees include ground maintenance
  • Pinnacle Peak Place Association, Phone Number (480) 538-2565
  • Built by K Hovnanian Homes
  • Pinnacle Peak Place Subdivision

Recreation

  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,089

Year Built

Built in 2013

Lot Details

0

HOA Fees

$105 per month

Parking

3

Listing Details

  • Cross Street: Happy Valley Rd & Pima Rd
  • 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 Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2013
  • Spa Private: Yes
  • Tax Year: 2022
  • Directions: Head north on Pima Rd, Turn right onto Desert Highlands Dr and enter through the gate. Turn left onto 89th St, Turn left onto 88th Way. Property will be on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.96
  • Co List Office Mls Id: xpre25
  • Co List Office Phone: 480-624-8019
  • Subdivision Name: PINNACLE PEAK PLACE
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 315.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop, Water Purifier
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, 3+ Fireplace, Exterior Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Soft Water Loop, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4440.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Heated, Lap, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted, Stone
  • Other Structures: Separate 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:Separate Guest House: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Biking/Walking Path
  • Association Fee: 315.0
  • Association Fee Frequency: Quarterly
  • Association Name: Pinnacle Peak Place
  • Phone: 480-538-2565
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Pinnacle Peak Place
  • Association Fees:HOA Telephone4: 480-538-2565
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 210.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 315.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 2500.0
  • Association Fees:Other Fees Description: Reserve Contribution
  • 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: 41790.0
  • Parcel #: 217-04-452

Building Info

  • Builder Name: K Hovnanian Homes

Tax Info

  • Tax Annual Amount: 6089.0
  • Tax Book Number: 217.00
  • Tax Lot: 47
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Oct 11, 2023
Sold by
Alicia L Stephenson 2019 Revocable Trust
Bought by
Salvator Michael C
Seller's Agent
Kodi Riddle
eXp Realty
Buyer's Agent
Lexi McWhirter
Compass
List Price
$3,599,900
Sold Price
$3,500,000
Premium/Discount to List
-$99,900
-2.78%
Views
60
Current Estimated Value
$3,255,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$244,667
Avg. Annual Appreciation
-3.63%
Original Mortgage
$1,350,000
Outstanding Balance
$1,318,094
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$1,937,239

Purchase Details

Listed on
Jul 21, 2023
Closed on
Oct 6, 2023
Sold by
Alicia L Stephenson 2019 Revocable Trust
Bought by
Salvator Michael C
Seller's Agent
Kodi Riddle
eXp Realty
Buyer's Agent
Lexi McWhirter
Compass
List Price
$3,599,900
Sold Price
$3,500,000
Premium/Discount to List
-$99,900
-2.78%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,318,094
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$1,937,239

Purchase Details

Listed on
Nov 22, 2019
Closed on
Jun 7, 2020
Sold by
Kroft David
Bought by
Stephenson Alicia L and Stephenson Alicia L
Seller's Agent
Michel Edery
Russ Lyon Sotheby's International Realty
Buyer's Agent
Cheryl D'Anna
Russ Lyon Sotheby's International Realty
List Price
$2,499,000
Sold Price
$2,400,000
Premium/Discount to List
-$99,000
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.04%

Purchase Details

Listed on
Feb 16, 2014
Closed on
Apr 16, 2014
Sold by
Kroft Roanne
Bought by
Kroft David
Seller's Agent
Joanne Foster
Compass
Buyer's Agent
Ron Dabe
Berkshire Hathaway HomeServices Arizona Properties
List Price
$1,299,999
Sold Price
$1,250,000
Premium/Discount to List
-$49,999
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%

Purchase Details

Closed on
Feb 18, 2014
Sold by
Hensby Mark and Hensby Kimberly
Bought by
Kroft David

Purchase Details

Closed on
Oct 18, 2013
Sold by
K Hovananian Companies Of Arizona Llc
Bought by
Hensby Mark and Hensby Kimberly

Purchase Details

Closed on
May 1, 2013
Sold by
Ppp Development Llc
Bought by
K Hovnanian Companies Of Arizona Llc
Source: Public Records

Range of Values:

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Sold Price
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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
Salvator Michael C $3,500,000 Wfg National Title Insurance C
Salvator Michael C $3,500,000 Wfg National Title Insurance C
Stephenson Alicia L $2,400,000 Premier Title Agency
Kroft David -- First American Title Ins Co
Kroft David $1,250,000 First American Title Ins Co
Hensby Mark $1,201,495 New Land Title Agency
K Hovnanian Companies Of Arizona Llc $200,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salvator Michael C $1,350,000
Closed Salvator Michael C $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $3,500,000 -2.8% $788 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $3,599,900 +50.0% $811 / Sq Ft
06/15/2020 06/15/20 Sold $2,400,000 0.0% $541 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
05/04/2020 05/04/20 Price Changed $2,400,000 -2.0% $541 / Sq Ft
01/14/2020 01/14/20 Price Changed $2,450,000 -2.0% $552 / Sq Ft
11/21/2019 11/21/19 For Sale $2,499,000 +99.9% $563 / Sq Ft
04/30/2014 04/30/14 Sold $1,250,000 -3.8% $282 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
02/15/2014 02/15/14 For Sale $1,299,999 -- $293 / 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 $6,517 $134,630 -- --
2024 $6,302 $128,219 -- --
2023 $6,302 $188,170 $37,630 $150,540
2022 $6,089 $142,260 $28,450 $113,810
2021 $6,615 $132,570 $26,510 $106,060
2020 $6,592 $126,000 $25,200 $100,800
2019 $7,068 $111,100 $22,220 $88,880
2018 $6,874 $99,900 $19,980 $79,920
2017 $6,620 $101,920 $20,380 $81,540
2016 $6,591 $97,300 $19,460 $77,840
2015 $6,232 $82,880 $16,570 $66,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6582730

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-04-452