NOT LISTED FOR SALE

Estimated Value: $1,995,000 - $2,627,735

5 Beds
5 Baths
4,608 Sq Ft
$504/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $1,060,000 $230 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $13,416/month

43 Days on Market

Highlights

  • Guest House
  • Heated Spa
  • Mountain View
  • Cactus Shadows High School Rated A-
  • 1.78 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of December 2016

Gorgeous custom home designed by the renowned architect Bing Hu, one of Arizona’s most sought after architects from the Frank Lloyd Wright School of Architecture*Organic architecture at its finest featuring butted glass windows, copper overhang accents & tongue in groove wood ceiling*This private & serene 4,608sf home sits on almost 2 acres, features separate 577sf guest house & additional/detached 3 car garage w/large workshop for total of 6+ spaces*Exquisitely built, split floor plan w/granite countertops & travertine floors* Gourmet Kitchen w/dbl ovens & large oversized island opens to family rm*Motorized window blinds in great rm*Master Suite + 3 Ensuites*3 Fireplaces*Multiple covered patios surrounding sparkling heated pool & spa*8,758sf under roof*Detached garage expandable to 5 cars Brand new roof re-coat on all three structures from Scott Roofing in January of 2016. Scott Roofing has provided a 5 year roof warranty.

Last Agent to Sell the Property

Dee Pinkston

HomeSmart License #SA635915000 Listed on: 09/08/2016

Last Buyer's Agent

Audrey Hickman

West USA Realty License #BR007155000

West USA Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,509

Year Built

  • Built in 1999

Lot Details

  • 1.78 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 6 Car Garage
  • Tandem Parking
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Designed by Bing Hu Architects
  • Santa Fe Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,608 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 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

Accessible Home Design

  • Accessible Hallway
  • Remote Devices

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

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

Additional Homes

  • Guest House

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include street maintenance
  • Desert Ranch Association, Phone Number (480) 575-5624
  • Built by Merritt Custom Homes
  • Desert Ranch Subdivision, Custom Floorplan

Listing and Financial Details

  • Legal Lot and Block 3 / 711
  • Assessor Parcel Number 216-46-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,509

Year Built

Built in 1999

Lot Details

0

HOA Fees

$30 per month

Parking

6

Listing Details

  • Cross Street: Pima and Legend Trail Parkway
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Bing Hu
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 30.0
  • Basement: N
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1999
  • Spa Private: Yes
  • Tax Year: 2015
  • Directions: Head east on Legend Trail from Pima. Turn North on Segundo Circle. Home is down on the right.
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.78
  • Subdivision Name: DESERT RANCH
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 360.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: Heated, Private
  • Accessibility Features: Remote Devices, Accessible Hallway(s)
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 4608.0
  • Stories: 1
  • Window Features: Dual Pane, Low-E
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: 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
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Other, Circular Drive, Covered Patio(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Other Structures: Guest House
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Separate Strge Area, Detached, Tandem
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Open Parking Spaces: 6.0
  • Parking Features:Dir Entry frm Garage: Yes
  • 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:Detached: Yes
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Self Managed
  • Association Fee: 360.0
  • Association Fee Frequency: Annually
  • Association Name: Desert Ranch
  • Phone: 480-575-5624
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Desert Ranch
  • Association Fees:HOA Telephone4: 480-575-5624
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Street Maint

Schools

  • Elementary School: Black Mountain Elementary School
  • 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: 77433.0
  • Parcel #: 216-46-020
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Merritt Custom Homes

Tax Info

  • Tax Annual Amount: 5509.0
  • Tax Block: 711
  • Tax Book Number: 216.00
  • Tax Lot: 3
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2016
Closed on
Dec 3, 2016
Sold by
Sabatino Anita
Bought by
Olley Michael F and Olley Mary Q
Seller's Agent
Dee Pinkston
HomeSmart
Buyer's Agent
Audrey Hickman
West USA Realty
List Price
$1,149,000
Sold Price
$1,060,000
Premium/Discount to List
-$89,000
-7.75%
Total Days on Market
43
Current Estimated Value
$2,320,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,260,934
Avg. Annual Appreciation
9.66%
Original Mortgage
$660,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2011
Sold by
Merritt Rick A and Meritt Beverly D
Bought by
Sabatino Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2003
Sold by
Merritt Rick Allan and Merritt Beverly Diane
Bought by
Merritt Rick A and Merritt Beverly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 18, 2003
Sold by
Merritt Rick A and Merritt Beverly D
Bought by
Merritt Rick A and Merritt Beverly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 14, 2001
Sold by
Merritt Rick Allan and Merritt Beverly Diane
Bought by
Merritt Rick A and Merritt Beverly D

Purchase Details

Closed on
Dec 21, 1995
Sold by
Horn Ruenrudee
Bought by
Merritt Ricky A and Merritt Beverly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.18%
Mortgage Type
New Conventional
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
Olley Michael F $1,060,000 Security Title Agency Inc
Sabatino Anita $895,000 First American Title Ins Co
Merritt Rick A -- --
Merritt Rick A -- --
Merritt Rick A -- --
Merritt Ricky A $98,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olley Mary Q $510,400
Closed Olley Michael F $660,000
Previous Owner Sabatino Anita $35,000
Previous Owner Merritt Rick A $472,000
Previous Owner Merritt Rick A $100,000
Previous Owner Merritt Ricky A $400,000
Previous Owner Merritt Ricky A $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $1,060,000 -7.7% $230 / Sq Ft
10/12/2016 10/12/16 Price Changed $1,148,800 0.0% $249 / Sq Ft
10/06/2016 10/06/16 Price Changed $1,148,900 0.0% $249 / Sq Ft
09/08/2016 09/08/16 For Sale $1,149,000 -- $249 / 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 $4,297 $119,007 -- --
2024 $5,501 $113,340 -- --
2023 $5,501 $169,060 $33,810 $135,250
2022 $5,313 $127,130 $25,420 $101,710
2021 $5,778 $119,380 $23,870 $95,510
2020 $5,757 $97,850 $19,570 $78,280
2019 $5,534 $92,720 $18,540 $74,180
2018 $5,350 $85,010 $17,000 $68,010
2017 $5,099 $81,970 $16,390 $65,580
2016 $5,826 $80,660 $16,130 $64,530
2015 $5,509 $73,060 $14,610 $58,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5494792

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-46-020