NOT LISTED FOR SALE

Estimated Value: $3,490,963 - $3,921,000

5 Beds
5.5 Baths
6,147 Sq Ft
$594/Sq Ft Est. Value

Last Sold December 17, 2024

Last sale price $3,800,000 $618 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $20,313/month

34 Days on Market

Highlights

  • Concierge
  • Guest House
  • Fitness Center
  • Black Mountain Elementary School Rated A-
  • Golf Course Community
  • Tennis Courts

About This Home

As of December 2024

Golf membership available. Nestled on a premier view lot, this exquisite home offers expansive mountain views, valley lights and breathtaking year-round sunsets. The heart of the home is designed for both elegance and comfort, with a great room anchored by a Cantera stone fireplace, an inviting dining room, and a wet bar for entertaining.
The gourmet kitchen has been recently remodeled with Wolf and Sub-Zero appliances, beautiful stone work, and a cozy breakfast nook that opens to the family room—complete with another fireplace for those cool desert evenings. The spacious master suite offers ultimate privacy, featuring a fireplace, an expansive walk-out balcony leading to the backyard, and a luxurious en-suite bathroom with a massive walk-in closet. A private elevator adds convenience and sophistication. Complementing the main home is a separate pool/spa room, which can double as a guest suite, workout room, or office, complete with a full bath and sauna. Outside, the backyard offers a true oasis with over 1,000 sq. ft. of covered patio space, a pool & spa, fireplace, BBQ area, and wet bar perfect for both relaxation and entertaining. The stunning panoramic views stretch from east to west, offering sparkling city lights at night and picturesque sunrises and sunsets each day. Elegant French oak and Italian limestone floors throughout the home elevate the luxury, making this a one-of-a-kind estate ideal for enjoying the best of Sonoran desert living.

Last Agent to Sell the Property

Bee Francis

Russ Lyon Sotheby's International Realty License #SA504994000 Listed on: 10/01/2024

Russ Lyon Sotheby's International Realty

Co-Listed By

Kathleen Benoit

Russ Lyon Sotheby's International Realty License #BR573606000

Last Buyer's Agent

Jenny Leahy

Russ Lyon Sotheby's International Realty License #SA036259000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,798

Year Built

  • Built in 1995

Lot Details

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

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Roof Updated in 2024
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,147 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Smart Home

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Tennis Courts
  • 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

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

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 219-47-164

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Desert Mountain HOA, Phone Number (480) 635-5600
  • Built by United West
  • Desert Mountain Ph 2 Apache Peak Part One 1 72 A Subdivision, Custom Floorplan

Amenities

  • Concierge
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,798

Year Built

Built in 1995

Lot Details

0

HOA Fees

$347 per month

Parking

3

Listing Details

  • Cross Street: Pima and Cave Creek 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: 346.5
  • Basement: N
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2019
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2019
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2019
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2024
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2023
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.76
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: DESERT MOUNTAIN PH 2 APACHE PEAK PART ONE 1-72 A
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 618.18
  • Association Fees:HOA Fee2: 2079.0
  • 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 Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Water Purifier
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Elevator, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 6147.0
  • Stories: 2
  • Window Features: Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Pickleball Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Concierge: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s), Private Yard, Tennis Court(s), 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
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: 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:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes
  • Exterior Features:Tennis Court(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Attch'd Gar Cabinets, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: 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)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Pickleball, Gated, Community Spa Htd, Community Pool Htd, Guarded Entry, Concierge, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 2079.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain HOA
  • Phone: 480-635-5600
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Desert Mountain HOA
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 0.45
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, 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: 33165.0
  • Parcel #: 219-47-164

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: United West

Tax Info

  • Tax Annual Amount: 8798.0
  • Tax Book Number: 219.00
  • Tax Lot: 13
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Nov 5, 2024
Sold by
Richard T Barker T and Richard Linda C
Bought by
Kraft Paul and Kraft Amy
Seller's Agent
Bee Francis
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jenny Leahy
Russ Lyon Sotheby's International Realty
List Price
$3,995,000
Sold Price
$3,800,000
Premium/Discount to List
-$195,000
-4.88%
Views
23
Current Estimated Value
$3,652,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$147,509
Avg. Annual Appreciation
-3.88%
Original Mortgage
$3,419,620
Outstanding Balance
$3,389,247
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$263,244

Purchase Details

Listed on
Nov 14, 2016
Closed on
Mar 13, 2018
Sold by
Locasto George W
Bought by
Barker Richard T and Barker Linda C
Seller's Agent
Stephanie Anderson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Bee Francis
Russ Lyon Sotheby's International Realty
List Price
$1,799,000
Sold Price
$1,365,000
Premium/Discount to List
-$434,000
-24.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.43%

Purchase Details

Listed on
Nov 14, 2016
Closed on
Mar 12, 2018
Sold by
Locasto Charlene and Locasto George W
Bought by
Locasto George W
Seller's Agent
Stephanie Anderson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Bee Francis
Russ Lyon Sotheby's International Realty
List Price
$1,799,000
Sold Price
$1,365,000
Premium/Discount to List
-$434,000
-24.12%

Purchase Details

Closed on
Jan 11, 2012
Sold by
Tyrrell Ross
Bought by
Locasto George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2006
Sold by
Locasto George W and Locast Charlene S
Bought by
Tyrrell Ross and George W Locasto Irrevocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,803,750
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2006
Sold by
Coleman Robert L and Coleman Kim E
Bought by
Locasto George W and Locasto Charlene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,803,750
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 1999
Sold by
Meier Hans
Bought by
Coleman Robert L and Coleman Kim E

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
7.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kraft Paul $3,800,000 Clear Title Agency Of Arizona
Barker Richard T $1,365,000 Clear Title Agency Of Arizon
Locasto George W -- Clear Title Agency Of Arizon
Locasto George W -- None Available
Tyrrell Ross -- None Available
Locasto George W $3,100,000 Capital Title Agency Inc
Coleman Robert L $2,850,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraft Paul $3,419,620
Previous Owner Locasto George W $417,000
Previous Owner Locasto George W $1,803,750
Previous Owner Coleman Robert L $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2024 12/17/24 Sold $3,800,000 -4.9% $618 / Sq Ft
10/01/2024 10/01/24 For Sale $3,995,000 +192.7% $650 / Sq Ft
03/26/2018 03/26/18 Sold $1,365,000 -8.9% $222 / Sq Ft View Prior Sale
11/07/2017 11/07/17 Price Changed $1,499,000 -6.3% $244 / Sq Ft
04/04/2017 04/04/17 Price Changed $1,599,000 -3.0% $260 / Sq Ft
02/25/2017 02/25/17 Price Changed $1,649,000 -2.9% $268 / Sq Ft
02/01/2017 02/01/17 Price Changed $1,699,000 -5.6% $276 / Sq Ft
11/11/2016 11/11/16 For Sale $1,799,000 -- $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 $9,275 $167,032 -- --
2024 $8,798 $159,078 -- --
2023 $8,798 $170,170 $34,030 $136,140
2022 $8,476 $169,250 $33,850 $135,400
2021 $9,203 $159,610 $31,920 $127,690
2020 $9,040 $162,580 $32,510 $130,070
2019 $8,769 $160,510 $32,100 $128,410
2018 $8,528 $147,380 $29,470 $117,910
2017 $8,213 $152,750 $30,550 $122,200
2016 $8,177 $143,700 $28,740 $114,960
2015 $7,732 $120,420 $24,080 $96,340
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6763738

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-164