$655,000
SOLD APR 29, 2026

2940 E Shady Spring Trail Phoenix, AZ 85024

Mountaingate Neighborhood
3 Beds
2 Baths
1,742 Sq Ft
6,695 Sq Ft Lot Lot

Sale Details

Date Sold: April 29, 2026

$376 Per Sq Ft

2% Below List Price

5 on Market

Highlights

  • Pool
  • Vaulted Ceiling
  • Great Room
  • Mountain Trail Middle School Rated A-
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Granite Countertops

About This Home

As of April 2026

Welcome to this beautiful home in the desirable Desert Peak subdivision of North Phoenix, this 3 bedroom plus den, 2 bathroom single level DR Horton home is located within the highly sought after Paradise Valley Unified School District. This open floor plan features a spacious great room with a cozy gas fireplace, open den and open kitchen with soaring ceilings, creating a comfortable space for relaxing and entertaining. The open kitchen includes granite countertops, stainless steel appliances, breakfast bar and a built in desk niche, overlooking the main living area and backyard. The split primary suite provides privacy and features a private exit to the backyard patio and pool area. Step outside to a gorgeous backyard retreat that backs to a natural desert area for additional privacy. The resort style outdoor space features brick pavers, a covered patio with remote shade screen, pre-plumbed outdoor gas connection to BBQ and patio heater and a lighted sparkling play pool, that can be heated, with a stunning waterfall and built in table and bench seating. The spacious primary bedroom has vaulted ceilings and the primary bathroom includes dual sinks, shower and separate jetted/spa tub, and a large walk in closet. The two additional bedrooms share a full bathroom, and the den offers a flexible space that can be used as a home office, playroom, or an extra living area. Additional highlights include a two car garage with epoxy flooring and low maintenance desert landscaping in both the front and backyard. Desert Peak residents enjoy access to community parks, children's play areas, and scenic walking and biking paths. Conveniently located near hiking trails, Desert Ridge shopping and dining, and with easy access to Loop 101. Home Sweet Home!!

Last Agent to Sell the Property

Kristen Spayd

RE/MAX Fine Properties License #SA103512000 Listed on: 03/19/2026

RE/MAX Fine Properties

Last Buyer's Agent

Tim Shinkle

Core Realty Professionals License #BR545921000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 2008

Lot Details

  • 6,695 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Back Yard Fenced
  • Sprinklers on Timer

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco
  • Stone

Interior Spaces

  • 1,742 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Great Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Private Water Closet
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Play Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Boulder Creek Elementary School
  • Mountain Trail Middle School
  • Pinnacle High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Multiple Phone Lines
  • Cable TV Available

Additional Features

  • No Interior Steps
  • North or South Exposure

Listing and Financial Details

  • Tax Lot 91
  • Assessor Parcel Number 212-42-887

Community Details

Overview

  • Association fees include ground maintenance
  • Spectrum Association, Phone Number (480) 719-4524
  • Built by DR. Horton Inc
  • Desert Peak Unit 4 Subdivision, Bisbee Floorplan

Recreation

  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,913

Year Built

Built in 2008

Lot Details

6,695 Sq Ft Lot

HOA Fees

$72 per month

Parking

2

Listing Details

  • Cross Street: Cave Creek Rd & Pinnacle Peak Rd
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 71.67
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Tax Year: 2025
  • Master Model: Bisbee
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Surface Type: Asphalt
  • Subdivision Name: DESERT PEAK UNIT 4
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 376.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Electric Range, Washer, Dryer, Water Softener Owned
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Separate Shwr & Tub, Double Vanity, Tub with Jets, Eat-in Kitchen, Breakfast Bar, Pantry, Granite Counters, High Speed Internet, Vaulted Ceiling(s), No Interior Steps
  • Living Area: 1742.0
  • Stories: 1
  • Window Features: Dual Pane

Exterior Features

  • Fencing: Wrought Iron, Block, Back Yard
  • Exterior Features: Built-in Barbecue
  • Lot Features: North/South Exposure, Adjacent to Wash, Desert Front, Desert Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Play Pool, Outdoor
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Wood Frame, Painted, Stucco, Stone
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Attached Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup, Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Biking/Walking Path
  • Association Fee: 215.0
  • Association Fee Frequency: Quarterly
  • Association Name: Spectrum
  • Phone: 480-719-4524
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 215.0
  • Association Fees:Disclosure Fees HOA: 375.0
  • Association Fees:Other Fees Description: Homewisedocs.com to get disclosure papers.

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Boulder Creek Elementary
  • High School: Pinnacle High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Mountain Trail Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6695.0
  • Parcel #: 212-42-887

Building Info

  • Builder Name: DR. Horton Inc

Tax Info

  • Tax Annual Amount: 2913.0
  • Tax Book Number: 212.0
  • Tax Lot: 91
  • Tax Map Number: 42.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2026
Closed on
Apr 28, 2026
Sold by
Wayne Caraway
Bought by
Caraway Jonathan and Caraway Whitney Leigh
Seller's Agent
Kristen Spayd
RE/MAX Fine Properties
Buyer's Agent
Tim Shinkle
Core Realty Professionals
List Price
$665,000
Sold Price
$655,000
Premium/Discount to List
-$10,000
-1.5%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.04%
Original Mortgage
$605,875
Outstanding Balance
$605,297
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$49,684

Purchase Details

Listed on
Mar 19, 2026
Closed on
Mar 25, 2026
Sold by
Smotherman and Smotherman Carol
Bought by
Caraway Jonathan
Seller's Agent
Kristen Spayd
RE/MAX Fine Properties
Buyer's Agent
Tim Shinkle
Core Realty Professionals
List Price
$665,000
Sold Price
$655,000
Premium/Discount to List
-$10,000
-1.5%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,875
Outstanding Balance
$605,297
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$49,684

Purchase Details

Closed on
Jun 9, 2016
Sold by
Morris Bernell
Bought by
Smotherman Kenneth and Smotherman Carol

Purchase Details

Closed on
May 12, 2016
Sold by
Morris Ronald
Bought by
Morris Bernell

Purchase Details

Listed on
Feb 2, 2013
Closed on
Mar 4, 2013
Sold by
Phoenix Flip Lp
Bought by
Morris Ronald and Morris Bernell
Seller's Agent
Anne Knox
Harri5 LLC
Buyer's Agent
Mead Summer
West USA Realty
List Price
$299,990
Sold Price
$299,000
Premium/Discount to List
-$990
-0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%

Purchase Details

Listed on
Feb 2, 2013
Closed on
Feb 5, 2013
Sold by
Fulbright Christopher R and Mccrosson Nancy
Bought by
Phoenix Flip Lp
Seller's Agent
Anne Knox
Harri5 LLC
Buyer's Agent
Mead Summer
West USA Realty
List Price
$299,990
Sold Price
$299,000
Premium/Discount to List
-$990
-0.33%

Purchase Details

Closed on
Feb 1, 2008
Sold by
Continental Homes Inc
Bought by
Fulbright Christopher R and Mccrosson Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,008
Interest Rate
6.09%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed -- Accommodation/Courtesy Recordi
Warranty Deed $655,000 Pioneer Title Agency
Cash Sale Deed $315,000 First American Title Ins Co
Interfamily Deed Transfer -- None Available
Cash Sale Deed $299,000 Fidelity National Title Agen
Trustee Deed $261,000 Fidelity National Title
Corporate Deed $307,377 Dhi Title Of Arizona Inc
Corporate Deed -- Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $605,875 New Conventional
Previous Owner $292,008 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2026 04/29/26 Sold $655,000 -1.5% $376 / Sq Ft
03/19/2026 03/19/26 For Sale $665,000 +122.4% $382 / Sq Ft
03/07/2013 03/07/13 Sold $299,000 -0.3% $172 / Sq Ft View Prior Sale
02/20/2013 02/20/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $299,990 0.0% $172 / Sq Ft
02/09/2013 02/09/13 Pending -- -- --
02/02/2013 02/02/13 For Sale $299,990 -- $172 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,913 $28,503 -- --
2024 $2,778 $27,146 -- --
2023 $2,778 $45,000 $9,000 $36,000
2022 $2,750 $35,030 $7,000 $28,030
2021 $2,758 $32,980 $6,590 $26,390
2020 $2,673 $31,250 $6,250 $25,000
2019 $2,676 $29,800 $5,960 $23,840
2018 $2,588 $27,420 $5,480 $21,940
2017 $2,481 $26,410 $5,280 $21,130
2016 $2,440 $25,970 $5,190 $20,780
2015 $2,259 $23,900 $4,780 $19,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7001072

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-42-887

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