$1,600,000
SOLD AUG 30, 2017
4 Beds
6 Baths
7,515 Sq Ft
2.1 Acres

Recently Sold

$213 Per Sq Ft

42% Below List Price

894 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 April 2022

SELLER IS MOTIVATED! MAKE AN OFFER! This REO ASSET is tucked away in the foothills of Desert Mountain in North Scottsdale, where residents enjoy six world-class, Jack Nicklaus designed golf courses and fifteen miles of private hiking trails. This luxury custom home is surrounded by unparalleled, breathtaking views. Within the 7,515 square foot home, several unique amenities can be found, including an elevator, temperature-controlled wine room, dry sauna, and multiple fireplaces. Don’t miss out on this opulent estate!

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 02/28/2015

Co-Listed By

Jessica Morris

R.O.I. Properties License #SA659227000

Last Buyer's Agent

Tami Henderson

Russ Lyon Sotheby's International Realty License #SA651918000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,180

Year Built

  • Built in 2005

Lot Details

  • 2.1 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Misting System

HOA Fees

  • $388 Monthly HOA Fees

Parking

  • 3.5 Car Direct Access Garage
  • Heated Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 7,515 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Low Emissivity Windows
  • Mechanical Sun Shade
  • Wood Frame Window
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 6 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 219-47-527

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Desert Mtn Owners Association
  • Built by Custom
  • Desert Mountain Ph 3 Unit 31 Village Seven Arrows Subdivision

Recreation

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

Additional Features

  • Concierge
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,180

Year Built

Built in 2005

Lot Details

0

HOA Fees

$388 per month

Parking

3

Listing Details

  • Cross Street: PIMA & CAVE CREEK
  • 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: 388.18
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.5
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2005
  • Spa Private: Yes
  • Tax Year: 2014
  • Directions: From Pima,go N on Cave Creek to N on Desert Mountain Dr to N on 105th St to property at end of road.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 2.1
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: DESERT MOUNTAIN PH 3 UNIT 31 VILLAGE SEVEN ARROWS
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 2329.08
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: 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
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Elevator, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 7515.0
  • Stories: 2
  • Window Features: Skylight(s), Low-Emissivity Windows, Solar Screens, Mechanical Sun Shds, Wood Frames
  • Community Features:Community Pool: 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:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: 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: None
  • Exterior Features: Balcony, Misting System, Private Street(s), Built-in Barbecue
  • Lot Features: Desert Back, Desert Front
  • Pool Features: Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: None
  • Construction Type: Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • 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:Misting System: Yes
  • Exterior Features:Private Street(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.5
  • Parking Features: Tandem Garage, Garage Door Opener, Extended Length Garage, Direct Access, Temp Controlled
  • Attached Garage: No
  • Garage Spaces: 3.5
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Guarded Entry, Concierge, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 2329.08
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mtn Owners
  • Phone: 480635560
  • 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 Mtn Owners
  • Association Fees:HOA Telephone4: 480635560
  • 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: 91447.0
  • Parcel #: 219-47-527

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat, Recirculation Pump

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 8180.0
  • 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
Jan 23, 2022
Closed on
Apr 20, 2022
Sold by
Tessendorf Properties Llc
Bought by
Ogw Southwest Revocable Living Trust
Seller's Agent
Andrew Bloom
Keller Williams Realty Sonoran Living
Buyer's Agent
Lena Ragona
Keller Williams Arizona Realty
List Price
$5,900,000
Sold Price
$5,775,000
Premium/Discount to List
-$125,000
-2.12%
Current Estimated Value
$6,438,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,592
Avg. Annual Appreciation
2.35%
Original Mortgage
$3,000,000
Outstanding Balance
$2,808,376
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$3,431,868

Purchase Details

Listed on
Feb 28, 2015
Closed on
Aug 29, 2017
Sold by
Compass Bank
Bought by
Tessendorf Properties Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Tami Henderson
Russ Lyon Sotheby's International Realty
List Price
$2,775,000
Sold Price
$1,600,000
Premium/Discount to List
-$1,175,000
-42.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.79%
Original Mortgage
$1,300,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2014
Sold by
Cn Property Co Llc
Bought by
Compass Bank

Purchase Details

Closed on
Dec 23, 2002
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Cn Property Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,375
Interest Rate
5.86%
Mortgage Type
Seller Take Back
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 $5,775,000 Stewart Title & Trust Of Phoen
Special Warranty Deed $1,600,000 Stewart Title & Trust Of Pho
Trustee Deed $2,387,910 None Available
Special Warranty Deed $812,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $1,280,000 Credit Line Revolving
Previous Owner $1,800,000 New Conventional
Previous Owner $1,800,000 Commercial
Previous Owner $1,300,000 Commercial
Previous Owner $2,500,000 Construction
Previous Owner $609,375 Unknown
Previous Owner $609,375 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $5,775,000 -2.1% $696 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
12/24/2021 12/24/21 For Sale $5,900,000 +268.8% $711 / Sq Ft
08/30/2017 08/30/17 Sold $1,600,000 -10.4% $213 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
07/28/2017 07/28/17 Price Changed $1,785,000 -0.1% $238 / Sq Ft
06/22/2017 06/22/17 Price Changed $1,786,000 -0.1% $238 / Sq Ft
06/15/2017 06/15/17 Price Changed $1,787,000 -0.1% $238 / Sq Ft
06/08/2017 06/08/17 Price Changed $1,788,000 -0.1% $238 / Sq Ft
06/01/2017 06/01/17 Price Changed $1,789,000 -0.1% $238 / Sq Ft
05/25/2017 05/25/17 Price Changed $1,790,000 -1.9% $238 / Sq Ft
04/07/2017 04/07/17 Price Changed $1,825,000 -1.4% $243 / Sq Ft
03/23/2017 03/23/17 Price Changed $1,850,000 -2.5% $246 / Sq Ft
03/23/2017 03/23/17 Price Changed $1,898,000 -0.1% $253 / Sq Ft
02/03/2017 02/03/17 Price Changed $1,899,000 -4.8% $253 / Sq Ft
03/09/2016 03/09/16 Price Changed $1,995,000 -16.0% $265 / Sq Ft
01/12/2016 01/12/16 Price Changed $2,375,000 -5.0% $316 / Sq Ft
09/23/2015 09/23/15 Price Changed $2,500,000 -3.8% $333 / Sq Ft
06/29/2015 06/29/15 Price Changed $2,600,000 -6.3% $346 / Sq Ft
02/28/2015 02/28/15 For Sale $2,775,000 -- $369 / 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 $10,308 $187,162 -- --
2024 $9,859 $178,250 -- --
2023 $9,859 $287,230 $57,440 $229,790
2022 $9,497 $225,900 $45,180 $180,720
2021 $10,312 $222,030 $44,400 $177,630
2020 $10,129 $214,500 $42,900 $171,600
2019 $9,826 $218,530 $43,700 $174,830
2018 $9,556 $211,560 $42,310 $169,250
2017 $9,203 $206,810 $41,360 $165,450
2016 $9,163 $187,000 $37,400 $149,600
2015 $8,664 $141,620 $28,320 $113,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5243580

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-527