NOT LISTED FOR SALE

Estimated Value: $3,009,000 - $3,393,000

5 Beds
5.5 Baths
5,566 Sq Ft
$586/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $3,187,500 $573 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $19,044/month

15 Days on Market

Highlights

  • Heated Spa
  • RV Gated
  • Outdoor Fireplace
  • Sonoran Trails Middle School Rated A-
  • Gated Community
  • Granite Countertops

About This Home

As of July 2022

A Private Paradise located in the prestigious gated community of Turquesa Equestrian Estates. Situated on 1.746 acres, with four ensuite bedrooms, and a Casita with a separate entrance and kitchenette, your new home is sure to have plenty of room for you and your guests. As you enter the home you walk in to a large, private courtyard with a serene water feature, travertine pavers, custom tongue and groove ceiling which give the space a true indoor, outdoor feeling - it is the perfect sitting area to enjoy Arizona's beautiful evenings. The kitchen spares no expense, with two large islands, Subzero fridge, Wolf appliances, dual ovens, a farmhouse sink, and a prep sink, truly an entertainers dream! (click read more) A great room with a tremendous amount of natural light, real wood beams, a Cantera Stone fireplace that goes from floor to ceiling really adding that wow factor! The split floor plan provides privacy to the Owners. The oversized Owners Suite has two walk-in closets, dual vanities, a freestanding tub, walk-in shower, and dual water closets. If that is not enough space to call your own, you have a dedicated office space showcasing built in cabinetry and an exit to the courtyard for when you need a little reprieve from work. A colossal laundry room with built in cabinetry, providing excess storage, and a utility sink. On the other side of the home you will find a flex space that has a built-in wine bar with two wine refrigerators, making it a noteworthy spot to customize. All three bedrooms on this side of the home are ensuite, and have walk-in closets. Weekend long guests can hang their hats in the Casita which provides a kitchenette, living room, walk-in closet, and private bathroom. An outdoor oasis awaits you with a built in BBQ with all of the amenities, custom Gazebo with an automated roll down shade, and an over abundance of sitting areas surrounding your large pool and spa. Don't forget your be-loved four legged friends, the entire home is snake-proof, so you will rest assured your extended family will be safe. Five car garage with epoxy floors, plenty of room for cars, toys, and a workshop. Get cozy by the outdoor fireplace, curl up and read a book in the gazebo, or look up at the stars in the courtyard, this home is ready to provide the ultimate relaxation.

Last Agent to Sell the Property

Destanee Hill

eXp Realty License #SA698111000 Listed on: 06/16/2022

eXp Realty

Co-Listed By

Cassandra Mueller

eXp Realty License #SA654319000

Last Buyer's Agent

Katiann Craciunescu

My Home Group Real Estate License #SA678231000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,982

Year Built

  • Built in 2017

Lot Details

  • 1.75 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Artificial Turf
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • 5 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,566 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Solar Screens
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Private Pool

Outdoor Features

  • Covered patio or porch
  • Outdoor Fireplace
  • Outdoor Storage
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 216-68-438

Community Details

Overview

  • Association fees include ground maintenance
  • City Property Mngmt Association, Phone Number (602) 437-4777
  • Built by Toll Brothers
  • Turquesa Equestrian Estates Lot 19 And 20 Replat Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,982

Year Built

Built in 2017

Lot Details

0

HOA Fees

$370 per month

Parking

5

Listing Details

  • Cross Street: Scottsdale Rd and Peak View Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 370.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2017
  • Spa Private: Yes
  • Tax Year: 2021
  • Directions: Heading North on Scottsdale Road, go past the light at Dynamite to Peak View, West on Peak View Rd. Gate will be on your left. Home is on your right once you enter Gate.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.75
  • Co List Office Mls Id: xpre18
  • Co List Office Phone: 480-722-9800
  • Subdivision Name: TURQUESA EQUESTRIAN ESTATES LOT 19 AND 20 REPLAT
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 370.0
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Exterior Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 5566.0
  • Stories: 1
  • Window Features: Solar Screens
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Storage, Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Grass Back, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Spray Foam Insulation
  • Other Structures: Gazebo
  • 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:Storage: Yes
  • Exterior Features:GazeboRamada: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: RV Gate, Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: 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), Programmable Thmstat
  • Heating: Natural Gas
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Amenities: Management
  • Association Fee: 370.0
  • Association Fee Frequency: Monthly
  • Association Name: Turquesa Comm. Assoc
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 975.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Turquesa Comm. Assoc
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 525.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: City Property Mngmt
  • Association Fees:HOA Management Phone: 602-437-4777

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: 76055.0
  • Parcel #: 216-68-438
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Toll Brothers

Tax Info

  • Tax Annual Amount: 4982.0
  • Tax Book Number: 216.00
  • Tax Lot: 19
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 6, 2022
Sold by
Mekjian Wayne A and Mekjian Dana
Bought by
Jdh Family Revocable Living Trust
Seller's Agent
Destanee Hill
eXp Realty
Buyer's Agent
Katiann Craciunescu
My Home Group Real Estate
List Price
$3,150,000
Sold Price
$3,187,500
Premium/Discount to List
$37,500
1.19%
Total Days on Market
15
Current Estimated Value
$3,263,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,184
Avg. Annual Appreciation
0.84%
Original Mortgage
$1,950,000
Outstanding Balance
$1,861,924
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$1,401,760

Purchase Details

Closed on
Feb 26, 2020
Sold by
Tuquesa Community Association
Bought by
Mekijan Wayne A and Bemat Dana Lynn

Purchase Details

Closed on
Jul 31, 2017
Sold by
Toll Brothers Az Lp
Bought by
Mekjian Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 27, 2015
Sold by
Mortgage Equities Xvii Llc
Bought by
Toll Brothers Az Contruction Company
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
Jdh Family Revocable Living Trust $3,187,500 Lawyers Title
Mekijan Wayne A -- Accommodation
Mekjian Wayne $1,566,310 Westminster Title Agency
Toll Brothers Az Lp -- Westminster Title Agency
Toll Brothers Az Contruction Company $8,400,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jdh Family Revocable Living Trust $1,950,000
Previous Owner Mekjian Wayne $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $3,187,500 +1.2% $573 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $3,150,000 -- $566 / 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 $4,877 $103,602 -- --
2024 $4,711 $98,668 -- --
2023 $4,711 $210,350 $42,070 $168,280
2022 $4,548 $167,120 $33,420 $133,700
2021 $4,982 $147,320 $29,460 $117,860
2020 $4,934 $136,820 $27,360 $109,460
2019 $4,746 $115,430 $23,080 $92,350
2018 $4,605 $36,795 $36,795 $0
2017 $665 $35,655 $35,655 $0
2016 $662 $12,102 $12,102 $0
2015 $667 $12,909 $12,909 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6418746

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-68-438