NOT LISTED FOR SALE

42237 N 112th Place Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $3,987,000 - $5,319,000

4 Beds
5.5 Baths
7,572 Sq Ft
$601/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $2,800,000 $370 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $26,798/month

580 Days on Market

Highlights

  • Concierge
  • Golf Course Community
  • Gated with Attendant
  • Black Mountain Elementary School Rated A-
  • Fitness Center
  • Heated Spa

About This Home

As of January 2021

Amazing VIEWS from this Desert Contemporary home perched high in the Apache Peak Village in exclusive guard-gated community of Desert Mountain. This home exudes ''Welcome Home'' from the moment you step inside with striking views of the Valley of the Sun's magnificent sunsets and city lights. A 2nd floor addition, added in 2004, has elevator access, an impressive office/library with beautiful birds eye views, Full size Home Theater that comfortably seats 18 plus guests and includes a well-equipped kitchenette. Outdoor entertaining offers an Expansive 1,111 Sq.Ft patio with many areas for dining, sun bathing, enjoying conversations and TV viewing by a two-sided fireplace. A negative edge pool and spa that share a boulder waterfall feature are perfect accents to the sweeping views beyond

Last Listed By

Kathy Reed

Russ Lyon Sotheby's International Realty License #SA555323000 Listed on: 05/08/2019

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,162

Year Built

  • Built in 1995

Lot Details

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

HOA Fees

  • $286 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Gated Parking
  • Parking Permit Required

Property Views

  • City Lights
  • Mountain

Home Design

  • Designed by Custom Architects
  • Contemporary Architecture
  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,572 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Free Standing Fireplace
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Wood Frame Window
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 5.5 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
  • Heated Pool
  • Fence Around Pool

Outdoor Features

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

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 75
  • Assessor Parcel Number 219-13-023

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Capital Consultants Association, Phone Number (480) 921-7500
  • Built by Dennison
  • Desert Mountain Subdivision, Custom Floorplan

Amenities

  • Concierge
  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis 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

$12,162

Year Built

Built in 1995

Lot Details

0

HOA Fees

$286 per month

Parking

3

Listing Details

  • Cross Street: Cave Creek Road & Desert Mountain Parkway
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Custom
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: 700.0
  • Recreation Center Fee 2: N
  • Recreation Center Fee: Y
  • Recreation Center Paid Frequency: Monthly
  • Total Monthly Fee Equivalent: 986.28
  • Basement: N
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2004
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: Pima Road north to Cave Creek Rd turn right onto Cave Creek Rd go east 1 mile to Desert Mountain Parkway proceed to guard gate and ask for Village map to Apache Peak lot 75 (about 6 minutes from gate)
  • Master Model: Custom
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.22
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: DESERT MOUNTAIN
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1717.68
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Two Way Fireplace, Exterior Fireplace, Free Standing, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Elevator, Fire Sprinklers, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 7572.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane, Low-E, Wood Frames
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: 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:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Fireplace:Two Way Fireplace: Yes
  • Other Rooms:Media Room: Yes
  • Community Features:Concierge: Yes
  • Fireplace:Freestnd Fireplace: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Front, Natural Desert Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
  • Pool Features: Fenced, Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Built-Up, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Gated, Permit Required
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:PermitDecal Req_squote_d: Yes

Utilities

  • Cooling: Programmable Thmstat, Refrigeration
  • Heating: Natural Gas
  • Security: Security System Owned, Security Guard
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Guarded Entry, Golf, Concierge, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Club, Membership Opt, Management, Rental OK (See Rmks)
  • Association Fee: 1717.68
  • 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: 400.0
  • 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:HOA Management Company: Capital Consultants
  • Association Fees:HOA Management Phone: 480-921-7500
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • 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: 53145.0
  • Parcel #: 219-13-023
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Dennison

Tax Info

  • Tax Annual Amount: 12162.0
  • Tax Book Number: 219.00
  • Tax Lot: 75
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Dec 23, 2020
Sold by
Schrage Paul D and Schrage Janet C
Bought by
Sitaram Muralidhar K and Sitaram Lila
Seller's Agent
Kathy Reed
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kathleen Benoit
Russ Lyon Sotheby's International Realty
List Price
$3,000,000
Sold Price
$2,800,000
Premium/Discount to List
-$200,000
-6.67%
Total Days on Market
580
Current Estimated Value
$4,548,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,748,218
Avg. Annual Appreciation
11.74%
Original Mortgage
$1,960,000
Outstanding Balance
$1,768,937
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,779,281

Purchase Details

Closed on
Sep 23, 2003
Sold by
Schrage Janet C
Bought by
Schrage Paul D and Schrage Scottsdale Arizona Trust Agreeme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2003
Sold by
Schrage Paul D
Bought by
Schrage Paul D and Schrage Scottsdale Arizona Trust Agreeme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2003
Sold by
Schrage Paul
Bought by
Schrage Paul D and Schrage Scottsdale Arizona Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 24, 1998
Sold by
Schrage Paul D
Bought by
Schrage Paul S and Paul S Schrage Irrevocable Az Residence

Purchase Details

Closed on
Sep 9, 1998
Sold by
Schrage Paul D and Schrage Janet C
Bought by
Schrage Paul D and Schrage Janet C

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
Sitaram Muralidhar K $2,800,000 First Arizona Title Agency
Schrage Paul D -- Fidelity National Title
Schrage Paul D -- Fidelity National Title
Schrage Paul D -- --
Schrage Paul S -- --
Schrage Janet C -- --
Schrage Paul D -- --
Schrage Paul D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sitaram Muralidhar K $1,960,000
Previous Owner Schrage Paul D $1,100,000
Previous Owner Schrage Paul D $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $2,800,000 -6.7% $370 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $3,000,000 +7.1% $396 / Sq Ft
04/07/2020 04/07/20 Off Market $2,800,000 -- --
02/11/2020 02/11/20 Price Changed $3,000,000 -7.7% $396 / Sq Ft
05/08/2019 05/08/19 For Sale $3,250,000 -- $429 / 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 $12,644 $229,585 -- --
2024 $12,093 $218,652 -- --
2023 $12,093 $250,110 $50,020 $200,090
2022 $11,650 $199,150 $39,830 $159,320
2021 $12,650 $188,880 $37,770 $151,110
2020 $12,626 $194,050 $38,810 $155,240
2019 $12,162 $191,610 $38,320 $153,290
2018 $11,779 $175,970 $35,190 $140,780
2017 $12,107 $183,350 $36,670 $146,680
2016 $12,147 $171,060 $34,210 $136,850
2015 $13,049 $191,160 $38,230 $152,930
Source: Public Records

Agents Affiliated with this Home

  • Kathy Reed

    Seller's Agent in 2021

    Kathy Reed

    Russ Lyon Sotheby's International Realty

    (480) 262-1284

    81 in this area

    93 Total Sales

    Kathy Reed
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  • Hugh Reed

    Seller Co-Listing Agent in 2021

    Hugh Reed

    Russ Lyon Sotheby's International Realty

    (480) 570-6939

    22 in this area

    25 Total Sales

    Hugh Reed
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  • Kathleen Benoit

    Buyer's Agent in 2021

    Kathleen Benoit

    Russ Lyon Sotheby's International Realty

    (480) 544-5565

    155 in this area

    177 Total Sales

    Kathleen Benoit
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  • Bee Francis

    Buyer Co-Listing Agent in 2021

    Bee Francis

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    (602) 679-3193

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5928090

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-13-023

Arizona Maricopa County Scottsdale 85262 Desert Mountain

42237 N 112th Place, Scottsdale, AZ

Homes for Sale in Scottsdale, AZ

This home is located at 42237 N 112th Place, Scottsdale, AZ 85262 since 08 May 2019 and is currently estimated at $4,548,218, approximately $600 per square foot. This property was built in 1995. 42237 N 112th Place is a home located in Maricopa County with nearby schools including Black Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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