NOT LISTED FOR SALE

42340 N 112th Way Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $4,940,691 - $5,754,000

4 Beds
4.5 Baths
6,194 Sq Ft
$849/Sq Ft Est. Value

Last Sold June 22, 2015

Last sale price $2,300,000 $371 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $30,725/month

616 Days on Market

Highlights

  • Guest House
  • Tennis Courts
  • Heated Spa
  • Black Mountain Elementary School Rated A-
  • Gated with Attendant
  • City Lights View

About This Home

As of June 2015

17.4% price reduction, down $522,500. Exceptional Bing Hu designed, private & peaceful Tuscan estate perched high in Desert Mountain with panoramic south/southwest views of mountains, city lights and sunsets ranging out to eighty miles. Sensational Old World charm with great attention to detail, exuding warmth & charm from every room. The open, Great Room plan is perfectly suited for today's lifestyle with easy flows, including a gracious outdoor living area perfect for entertaining, with kitchen, living area, and a putting green. Formal dining room for special occasions, separate guest casita, wine storage, CEO-quality study, much storage, separate workshop, and big-time home theater. Two 2-car garages. Great for dogs! Equity Golf M'ship. incl.

Last Listed By

Davis Driver

RE/MAX Fine Properties License #BR009018000 Listed on: 09/17/2013

RE/MAX Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,616

Year Built

  • Built in 2006

Lot Details

  • 1.16 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front Yard Sprinklers

HOA Fees

  • $268 Monthly HOA Fees

Parking

  • 4 Car Garage
  • 6 Open Parking Spaces
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 6,194 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Wood Frame Window

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Private Pool
  • Fence Around Pool

Outdoor Features

  • Tennis Courts
  • Balcony
  • 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

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number 219-13-111

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Capital Consultants Association, Phone Number (480) 595-4221
  • Built by Phil Nichols Company, Inc
  • Desert Mountain Subdivision

Recreation

  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,616

Year Built

Built in 2006

Lot Details

0

HOA Fees

$268 per month

Parking

4

Listing Details

  • Cross Street: Pima and Cave Creek Roads
  • 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: 267.66
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 6.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Spa Private: Yes
  • Tax Year: 2014
  • Directions: East on Cave Creek Rd to Desert Mountain Parkway. North to Guard Gate. Ask Guard for directions to Apache Peak 169.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.16
  • Co List Office Mls Id: praz17
  • Co List Office Phone: 480-575-6575
  • Subdivision Name: Desert Mountain
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1605.96
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Central Vacuum, Drink Wtr Filter Sys, Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Smart Home, Granite Counters
  • Living Area: 6194.0
  • Stories: 1
  • Window Features: Wood Frames
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Guarded Entry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Exterior Fireplace: 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
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Separate Workshop: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Covered Patio(s), Patio, Private Street(s), Tennis Court(s), Built-in Barbecue
  • Lot Features: Sprinklers In Front, Corner Lot, Cul-De-Sac, Natural Desert Back, Natural Desert Front
  • Pool Features: Fenced, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Stone, Frame - Wood
  • Other Structures: Guest House
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes
  • Exterior Features:Tennis Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 6.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Guarded Entry, Biking/Walking Path
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 1605.96
  • Association Fee Frequency: Semi-Annually
  • Association Name: Capital Consultants
  • Phone: 480-595-4221
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Capital Consultants
  • Association Fees:HOA Telephone4: 480-595-4221
  • 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: 50568.0
  • Parcel #: 219-13-111
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Phil Nichols Company, Inc

Tax Info

  • Tax Annual Amount: 12615.66
  • Tax Book Number: 219.00
  • Tax Lot: 169
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2013
Closed on
Jun 19, 2015
Sold by
Hughes Tracy
Bought by
The Gregory L Henslee & Rebecca S Hensle
Seller's Agent
Davis Driver
RE/MAX Fine Properties
Buyer's Agent
Don Baron
Berkshire Hathaway HomeServices Arizona Properties
List Price
$3,395,000
Sold Price
$2,300,000
Premium/Discount to List
-$1,095,000
-32.25%
Total Days on Market
616
Current Estimated Value
$5,258,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,958,897
Avg. Annual Appreciation
8.45%
Original Mortgage
$1,100,000
Outstanding Balance
$866,998
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,281,358

Purchase Details

Listed on
Sep 17, 2013
Closed on
Jun 17, 2015
Sold by
Hughes Glenn and Hughes Tracy Lynn
Bought by
Hughes Tracy
Seller's Agent
Davis Driver
RE/MAX Fine Properties
Buyer's Agent
Don Baron
Berkshire Hathaway HomeServices Arizona Properties
List Price
$3,395,000
Sold Price
$2,300,000
Premium/Discount to List
-$1,095,000
-32.25%

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
Outstanding Balance
$866,998
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,281,358

Purchase Details

Closed on
Dec 9, 2010
Sold by
Hughes Tracy Lynn
Bought by
Hughes Glenn

Purchase Details

Closed on
Nov 24, 2010
Sold by
Hughes Glenn
Bought by
Apache Peak 169 Llc

Purchase Details

Closed on
Nov 19, 2002
Sold by
Kelcin Llc
Bought by
Hughes Glenn

Purchase Details

Closed on
Nov 7, 2002
Sold by
Hughes Tracy Lynn
Bought by
Hughes Glenn

Purchase Details

Closed on
Jul 11, 1995
Sold by
First American Title Insurance Company
Bought by
Ram Development Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,125
Interest Rate
7.97%
Mortgage Type
Seller Take Back

Range of Values:

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Average Value
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List Price
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 Buyer Sale Price Title Company
The Gregory L Henslee & Rebecca S Hensle $2,300,000 U S Title Agency Llc
Hughes Tracy -- U S Title Agency Llc
Hughes Glenn -- Accommodation
Hughes Glenn -- Accommodation
Apache Peak 169 Llc -- Accommodation
Hughes Glenn -- Capital Title Agency Inc
Hughes Glenn -- Capital Title Agency Inc
Ram Development Company Inc $382,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Gregory L Henslee & Rebecca S Hensle $1,100,000
Previous Owner Hughes Glenn $3,951,960
Previous Owner Ram Development Company Inc $325,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2015 06/22/15 Sold $2,300,000 -7.1% $371 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
05/21/2015 05/21/15 Price Changed $2,475,000 -17.4% $400 / Sq Ft
04/17/2014 04/17/14 Price Changed $2,997,500 -11.7% $484 / Sq Ft
09/17/2013 09/17/13 For Sale $3,395,000 -- $548 / 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 $12,244 $242,335 -- --
2024 $12,765 $230,796 -- --
2023 $12,765 $273,980 $54,790 $219,190
2022 $12,297 $210,750 $42,150 $168,600
2021 $13,352 $199,370 $39,870 $159,500
2020 $13,813 $200,510 $40,100 $160,410
2019 $13,399 $197,960 $39,590 $158,370
2018 $13,031 $181,380 $36,270 $145,110
2017 $13,798 $189,930 $37,980 $151,950
2016 $14,320 $188,560 $37,710 $150,850
2015 $13,258 $216,410 $43,280 $173,130
Source: Public Records

Agents Affiliated with this Home

  • Davis Driver

    Seller's Agent in 2015

    Davis Driver

    RE/MAX

    (602) 399-0116

    72 in this area

    85 Total Sales

    Davis Driver
    Section Image

  • A

    Seller Co-Listing Agent in 2015

    Ann Driver

    RE/MAX

    Section Image
  • Don Baron

    Buyer's Agent in 2015

    Don Baron

    Berkshire Hathaway HomeServices Arizona Properties

    (602) 989-8131

    Section Image

  • D

    Buyer's Agent in 2015

    Donald Baron

    RE/MAX Excalibur

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5000601

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-13-111

Arizona Maricopa County Scottsdale 85262 Desert Mountain

42340 N 112th Way, Scottsdale, AZ

Homes for Sale in Scottsdale, AZ

This home is located at 42340 N 112th Way, Scottsdale, AZ 85262 since 17 September 2013 and is currently estimated at $5,258,897, approximately $849 per square foot. This property was built in 2006. 42340 N 112th Way 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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