$1,365,000
SOLD MAR 26, 2018
5 Beds
5.5 Baths
6,147 Sq Ft
0.76 Acres

Recently Sold

$222 Per Sq Ft

24% Below List Price

484 Days on Market

Highlights

  • Guest House
  • Gated with Attendant
  • City Lights View
  • Black Mountain Elementary School Rated A-
  • Heated Spa
  • Fireplace in Primary Bedroom

About This Home

As of December 2024

This home sits on an amazing view lot with expansive mountain views & amazing sunsets year round! The main home features three bedroom suites to one side & powder bath. One suite has a balcony to enjoy the views! The center of the home is the formal living w/canterra fireplace, formal dining area, wet bar, gourmet kitchen, breakfast nook, family room w/another fireplace & wine cellar. The master is at the other end of the home and is very spacious and also has a walk out balcony that leads to the backyard. The master also has a fireplace. Very large master bath area & huge closet. There is also an elevator in the home! Separate pool house/workout room/guest suite with bath,sauna,steam. Backyard oasis w/1000 ft of covered patio, diving pool, spa, fireplace, BBQ and wet bar. Stunning

Last Agent to Sell the Property

Stephanie Anderson

Russ Lyon Sotheby's International Realty License #BR516658000 Listed on: 11/14/2016

Russ Lyon Sotheby's International Realty

Co-Listed By

Connie Edelman

Compass License #BR114967000

Last Buyer's Agent

Bee Francis

Russ Lyon Sotheby's International Realty License #SA504994000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,177

Year Built

  • Built in 1995

Lot Details

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

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

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

Interior Spaces

  • 6,147 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Laundry in unit

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 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
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Heated Pool
  • Diving Board

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
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • Property has a Home Owners Association
  • Desert Mountain HOA, Phone Number (480) 635-5600
  • Built by United West
  • Desert Mountain Subdivision, Custom Floorplan

Recreation

  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,177

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Pima and Cave Creek Rd.
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 282.74
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2016
  • Directions: East on Cave Creek to main entrance of Desert Mountain on the north side. Ask guard for directions to Apache Peak lot #13.
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.76
  • Co List Office Mls Id: praz17
  • Co List Office Phone: 480-575-6575
  • Subdivision Name: DESERT MOUNTAIN
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1696.44
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Technology:Smart Home System: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, Elevator, Fire Sprinklers, Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 6147.0
  • Stories: 2
  • Window Features: Double Pane Windows
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:ExerciseSauna Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Diving Pool, Heated, Private
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Other Structures: Guest House
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Security: Security System Owned, Gated Community
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Guarded Entry, Biking/Walking Path
  • Amenities: Management
  • 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 Transfer Fee2: 382.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Desert Mountain HOA
  • Association Fees:HOA Telephone4: 480-635-5600
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 33165.0
  • Parcel #: 219-47-164
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: United West

Tax Info

  • Tax Annual Amount: 8177.0
  • 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
$3,855,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,315
Avg. Annual Appreciation
2.76%
Original Mortgage
$3,419,620
Outstanding Balance
$3,404,645
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$460,984

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%
Original Mortgage
$500,000
Interest Rate
4.44%
Mortgage Type
Credit Line Revolving

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.44%
Mortgage Type
Credit Line Revolving

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

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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 Type Sale Price Title Company
Warranty Deed $3,800,000 Clear Title Agency Of Arizona
Warranty Deed $1,365,000 Clear Title Agency Of Arizon
Interfamily Deed Transfer -- Clear Title Agency Of Arizon
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $3,100,000 Capital Title Agency Inc
Joint Tenancy Deed $2,850,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,419,620 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $1,803,750 New Conventional
Previous Owner $989,000 Unknown
Previous Owner $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 $9,199 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5524818

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-164