$2,450,000
SOLD JUN 15, 2016
4 Beds
5.5 Baths
7,361 Sq Ft
0.88 Acres

Recently Sold

$333 Per Sq Ft

18% Below List Price

178 Days on Market

Highlights

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

About This Home

As of April 2017

New Price! Amazing Value! Stunning, Bing Hu masterpiece w/ exciting, new decor throughout showcases Valley & Mt views, sunsets, city lights & the finest wood & stone finishes of the Southwest. Dramatic architecture features soaring Great Room hearth, sculpted & beamed ceilings and a 2-story oval Dining Room. Other special features include exquisite lighting fixtures, Chef’s kitchen w/ new appliances, DATASAT/JBL home theater & 2200 bottle wine cellar. Second level w/ elevator access features curving stone staircase, optional master w/ view balcony, executive office w/ mountain views and 4th bedroom w/ kitchen & private entrance. Resort Patio w/ pool & multiple water features, hearth and BBQ center. Furniture available. Golf or Lifestyle Membership available though Desert Mountain Club.

Last Agent to Sell the Property

Kathleen Benoit

Russ Lyon Sotheby's International Realty License #BR573606000 Listed on: 10/26/2015

Russ Lyon Sotheby's International Realty

Co-Listed By

Karen Baldwin

Compass License #SA104221000

Last Buyer's Agent

Kathleen Benoit

Russ Lyon Sotheby's International Realty License #BR573606000 Listed on: 10/26/2015

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,819

Year Built

  • Built in 2002

Lot Details

  • 0.88 Acre Lot
  • Private Streets
  • 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

  • $290 Monthly HOA Fees

Parking

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

Property Views

  • City Lights
  • Mountain

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 7,361 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Two Way Fireplace
  • Gas Fireplace
  • Solar Screens
  • Living Room with Fireplace
  • 3 Fireplaces

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone
  • Tile

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
  • Smart Home
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Water Filtration System
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Solar Power System
  • Equestrian Center

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 219-47-460

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Desert Mt Association, Phone Number (480) 595-4220
  • Built by CUSTOM
  • Desert Mountain Subdivision

Amenities

  • Concierge
  • Clubhouse
  • Recreation Room

Recreation

  • 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

$10,819

Year Built

Built in 2002

Lot Details

0

HOA Fees

$290 per month

Parking

3

Listing Details

  • Cross Street: Pima & Cave Creek Road
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 289.66
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Spa Private: Yes
  • Tax Year: 2015
  • Directions: Pima Road North to Cave Creek. Go east to Desert Mountain Parkway. Guard at gate will give directions to property.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.88
  • Co List Office Mls Id: praz17
  • Co List Office Phone: 480-575-6575
  • Subdivision Name: Desert Mountain
  • Architectural Style: Territorial/Santa Fe
  • Efficiency: Solar Panels, Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1738.0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Other (See Remarks), 3+ Fireplace, Two Way Fireplace, Exterior Fireplace, Fire Pit, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Drink Wtr Filter Sys, Elevator, Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 7361.0
  • Stories: 2
  • Window Features: Sunscreen(s)
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: 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
  • Fireplace:Exterior Fireplace: Yes
  • Fireplace:Gas Fireplace: 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
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Fireplace:Other (See Remarks)14: Yes
  • Fireplace:Two Way Fireplace: Yes
  • Other Rooms:Media Room: Yes
  • Community Features:Concierge: Yes
  • Community Features:Horse Facility: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Street(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
  • Pool Features: Fenced, Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Stone, Block, Frame - Wood
  • Roof: 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:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Guarded Entry, Horse Facility, Concierge, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Club, Membership Opt, Management, Rental OK (See Rmks)
  • Association Fee: 1738.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mt
  • Phone: 480-595-4220
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 785.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Desert Mt
  • Association Fees:HOA Telephone4: 480-595-4220
  • 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_: $
  • 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: 38510.0
  • Parcel #: 219-47-460
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: CUSTOM

Tax Info

  • Tax Annual Amount: 10819.0
  • Tax Book Number: 219.00
  • Tax Lot: 9
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2017
Closed on
Apr 14, 2017
Sold by
Benson James M
Bought by
Benson Marlene J and The Marlene J Benson 2011 Revocable Trus
Seller's Agent
Kathleen Benoit
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kathleen Benoit
Russ Lyon Sotheby's International Realty
List Price
$2,995,000
Sold Price
$2,650,000
Premium/Discount to List
-$345,000
-11.52%
Total Days on Market
178
Current Estimated Value
$4,954,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,304,920
Avg. Annual Appreciation
8.04%

Purchase Details

Listed on
Oct 26, 2015
Closed on
Jun 6, 2016
Sold by
Stallard Scott J and Allan Marlu
Bought by
Benson James M
Seller's Agent
Kathleen Benoit
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kathleen Benoit
Russ Lyon Sotheby's International Realty
List Price
$2,990,000
Sold Price
$2,450,000
Premium/Discount to List
-$540,000
-18.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$1,800,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2002
Sold by
Stallard Scott J and Allan Marlu E
Bought by
Stallard Scott J and Allan Marlu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.6%

Purchase Details

Closed on
Oct 5, 1999
Sold by
Sessa Joseph
Bought by
Desert Mountain Properties Ltd Prtnrshp

Purchase Details

Closed on
Mar 4, 1999
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Sessa Joseph
Source: Public Records

Range of Values:

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Sold Price
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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 $2,650,000 First Arizona Title Agency L
Warranty Deed $2,450,000 U S Title Agency Llc
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $850,000 First American Title
Cash Sale Deed $680,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,800,000 New Conventional
Previous Owner $300,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $2,650,000 -11.5% $360 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $2,995,000 +22.2% $407 / Sq Ft
06/15/2016 06/15/16 Sold $2,450,000 -7.5% $333 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
03/16/2016 03/16/16 Price Changed $2,650,000 -1.7% $360 / Sq Ft
01/22/2016 01/22/16 Price Changed $2,695,000 -2.0% $366 / Sq Ft
12/11/2015 12/11/15 Price Changed $2,750,000 -8.0% $374 / Sq Ft
10/26/2015 10/26/15 For Sale $2,990,000 -- $406 / 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 $10,515 $216,603 -- --
2024 $11,409 $206,289 -- --
2023 $11,409 $243,110 $48,620 $194,490
2022 $10,991 $187,760 $37,550 $150,210
2021 $11,934 $178,200 $35,640 $142,560
2020 $12,524 $181,320 $36,260 $145,060
2019 $12,170 $179,010 $35,800 $143,210
2018 $11,836 $164,750 $32,950 $131,800
2017 $12,261 $172,300 $34,460 $137,840
2016 $11,377 $160,730 $32,140 $128,590
2015 $10,819 $173,860 $34,770 $139,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5353829

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-460