Seller's Agent in 2018
Kirk Marshall
Russ Lyon Sotheby's International Realty
(602) 882-2112
93 in this area
114 Total Sales
40480 N 109th Place Scottsdale, AZ 85262
Desert Mountain NeighborhoodEstimated Value: $2,460,000 - $3,091,000
4
Beds
5
Baths
4,390
Sq Ft
$604/Sq Ft
Est. Value
Highlights
- Gated with Attendant
- Heated Spa
- Fireplace in Primary Bedroom
- Black Mountain Elementary School Rated A-
- City Lights View
- Santa Fe Architecture
About This Home
As of February 2018This 4,390 square foot jewel box of a home is brimming with unique, and beautiful custom detailed additions that will charm any discerning buyer. Designed and built by Master of the Southwest honoree, Barry Smith, this jewel has shown brightly multiple times on the pages of Phoenix Home and Garden, and Design and Architecture Magazine. In addition to the inside beauty of this charming home, it offers a trifecta of spectacular views- city lights, breathtaking sunsets, and majestic mountain views. This home offers four suites, four and a half baths, plus a study and exercise room. Most furnishings,/accessories and Equity Golf Membership are available by separate bill of sale. Exterior home material is a custom mixed onsite process called Old Adobe. Also, there are 4 full baths and 2 half baths.
Last Agent to Sell the Property
Russ Lyon Sotheby's International Realty License #SA530964000 Listed on: 12/31/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,017
Year Built
- Built in 2002
Lot Details
- 0.61 Acre Lot
- Desert faces the front and back of the property
- Corner Lot
- Front and Back Yard Sprinklers
HOA Fees
- $249 Monthly HOA Fees
Parking
- 2 Car Garage
Property Views
- City Lights
- Mountain
Home Design
- Santa Fe Architecture
- Wood Frame Construction
- Tile Roof
- Foam Roof
Interior Spaces
- 4,390 Sq Ft Home
- 2-Story Property
- Elevator
- Wet Bar
- Central Vacuum
- Ceiling height of 9 feet or more
- Gas Fireplace
- Family Room with Fireplace
- 3 Fireplaces
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Kitchen Island
Bedrooms and Bathrooms
- 4 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
Pool
- Heated Spa
- Private Pool
Outdoor Features
- Covered patio or porch
- Outdoor Fireplace
Schools
- Black Mountain Elementary School
- Sonoran Trails Middle School
- Cactus Shadows High School
Utilities
- Refrigerated Cooling System
- Zoned Heating
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 88
- Assessor Parcel Number 219-56-285
Community Details
Overview
- Association fees include ground maintenance, street maintenance
- Desert Mountain Association, Phone Number (480) 635-5600
- Built by Casas Del Oso Builders
- Desert Mountain Subdivision, Custom Floorplan
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 31, 2017
Closed on
Feb 18, 2018
Sold by
Colbeth Douglas P and Colbeth Margaret R
Bought by
Gaddy Gaddy M and Gaddy Sue M
Seller's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
Buyer's Agent
Stacey Holmes
HomeSmart
List Price
$1,495,000
Sold Price
$1,426,250
Premium/Discount to List
-$68,750
-4.6%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,085,451
Avg. Annual Appreciation
7.85%
Original Mortgage
$937,500
Outstanding Balance
$804,833
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$1,699,522
Purchase Details
Closed on
Mar 1, 2017
Sold by
Colbeth Douglas P and Colbeth Margaret R
Bought by
Colbeth Douglas P and Douglas P Colbeth Trust
Purchase Details
Closed on
Oct 26, 1998
Sold by
First American Title Insurance Company
Bought by
Desert Mountain Financial Ltd Prtnrshp
Purchase Details
Closed on
Oct 21, 1998
Sold by
Desert Mountain Financial Ltd Prtnrshp
Bought by
Colbeth Douglas P and Colbeth Margaret R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gaddy Gaddy M | $1,426,250 | First American Title Insuran | |
| Colbeth Douglas P | -- | None Available | |
| Desert Mountain Financial Ltd Prtnrshp | -- | First American Title | |
| Colbeth Douglas P | $375,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gaddy Gaddy M | $937,500 | |
| Previous Owner | Colbeth Douglas P | $435,500 | |
| Previous Owner | Colbeth Douglas P | $417,000 | |
| Previous Owner | Colbeth Douglas P | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2018 02/23/18 | Sold | $1,426,250 | -4.6% | $325 / Sq Ft |
| 01/19/2018 01/19/18 | Pending | -- | -- | -- |
| 12/31/2017 12/31/17 | For Sale | $1,495,000 | -- | $341 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $6,057 | $125,915 | -- | -- |
| 2024 | $5,855 | $119,919 | -- | -- |
| 2023 | $5,855 | $125,800 | $25,160 | $100,640 |
| 2022 | $5,656 | $108,770 | $21,750 | $87,020 |
| 2021 | $6,505 | $113,810 | $22,760 | $91,050 |
| 2020 | $6,481 | $104,400 | $20,880 | $83,520 |
| 2019 | $6,233 | $99,030 | $19,800 | $79,230 |
| 2018 | $6,028 | $98,450 | $19,690 | $78,760 |
| 2017 | $5,748 | $96,900 | $19,380 | $77,520 |
| 2016 | $5,768 | $91,250 | $18,250 | $73,000 |
| 2015 | $5,407 | $95,860 | $19,170 | $76,690 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2018
Keith Marshall
Russ Lyon Sotheby's International Realty
(480) 488-2998
91 in this area
113 Total Sales
-
Buyer's Agent in 2018
Stacey Holmes
HomeSmart
(480) 338-0274
5 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5705129
APN: 219-56-285
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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