NOT LISTED FOR SALE

Estimated Value: $4,955,000 - $6,894,000

5 Beds
7 Baths
11,859 Sq Ft
$523/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $6,665,000 $562 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $34,937/month

622 Days on Market

Highlights

  • Guest House
  • Golf Course Community
  • Heated Spa
  • Black Mountain Elementary School Rated A-
  • Home Theater
  • Sauna

About This Home

As of February 2013

Located on one of the highest elevated lots in Saguaro Forest one can enjoy total privacy with spectacular valley and city light views. Automated pocket doors open to the upper and lower patios providing indoor/outdoor living and entertaining. The 4 bedroom main house features a large great room with circular wetbar, library, formal dining, gourmet kitchen with breakfast room, game room, theater, exercise and spa, wine grotto, and elevator. The 1 bedroom guest casita has a living area, kitchen, and separate elevator from the garage. The home was completed in 2009 and is fully automated with Crestron home management system. Exterior features include upper deck firepit and bbq, lower patio fireplace and outdoor kitchen, heated pool/spa, and putting green. DEGM is included with the purchase.

Last Agent to Sell the Property

Brian Miller

Russ Lyon Sotheby's International Realty License #BR526367000 Listed on: 04/27/2011

Russ Lyon Sotheby's International Realty

Co-Listed By

Deanna Miller

Russ Lyon Sotheby's International Realty License #SA560272000

Last Buyer's Agent

Garrett Lipski

Fathom Realty Elite License #SA515784000

Fathom Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,566

Year Built

  • Built in 2008

Lot Details

  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Desert Landscape
  • Misting System
  • Private Yard

Property Views

  • City Lights
  • Mountain

Home Design

  • Santa Barbara Architecture
  • Earth Berm
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 11,859 Sq Ft Home
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Skylights
  • Two Way Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Sauna
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Separate Bedroom Exit
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Security System Owned
  • Smart Home
  • Fire Sprinkler System

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Gated Parking

Eco-Friendly Details

  • North or South Exposure

Pool

  • Heated Spa
  • Outdoor Pool
  • Play Pool

Outdoor Features

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

Additional Homes

  • Guest House
  • 950 SF Accessory Dwelling Unit

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Water Softener is Owned
  • High Speed Internet
  • Internet Available
  • Multiple Phone Lines
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • $25,373 per year Dock Fee
  • Association fees include common area maintenance, street maintenance
  • Located in the Village of Saguaro Forest master-planned community
  • Built by Cullum Homes Inc.
  • Custom

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,566

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Tax Municipality: Scottsdale
  • Cross Street: Pima Road and Cave Creek Road
  • Legal Info Lot Number: 255
  • Legal Info Range: 5E
  • Legal Info Section: 17
  • Legal Info Township: 6N
  • Property Type: A
  • Technology: 3+ Exist Tele Lines, Cable TV Avail, High Speed Internet Available, Ntwrk Wrng Multi Rms, Pre-Wire Sat Dish, Pre-Wire Srnd Snd, Security Sys Owned, Smart Home System
  • Assessor Parcel Number: 26.00
  • Hundred Block: 42500
  • Legal Description Abbrev: DESERT MOUNTAIN PHASE 3 UNIT 38
  • Marketing Name: Incredible View & Privacy
  • Type: ER
  • Ownership: Fee Simple
  • Additional Bedroom: Mstr Bdr Walkin Clst, Mstr Bdrm Sitting Rm, Othr Bdr Walkin Clst, Separate Bdrm Exit
  • Architecture: Santa Barbara/Tuscan
  • Assessor Parcel Number: 219-64-026
  • HOA Fees: Y
  • Association Rules: Club, Membership Opt, Clubhouse/Rec Center, Prof Managed
  • Basement: Y
  • Basement Description: Walkout
  • Construction Finish: Painted, Stone, Stucco
  • Dwelling Type: Single Family - Detached
  • Encoded Features: 57RDXPSQAO4G
  • Energy Green Features: Multi-Zones
  • Map Code Grid: F38
  • Primary Bathroom Type: Bidet, Double Sinks, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Numberof Interior Levels: 3
  • Parking Spaces Garage Spaces: 4.00
  • Parking Spaces Total Covered Spaces: 4.00
  • Planned Comm Name: Village of Saguaro Forest
  • Price per Sq Ft: 562.02
  • Property Group Id: 19990816212109142258000000
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2008
  • Tax Year: 2010
  • Directions: East on Cave Creek Road to the entrance of Desert Mountain subdivision, guard will provide directions to Lot 255 in the Village of Saguaro Forest.
  • Master Model: Custom
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Features: 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Elevator, Fire Sprinklers, Skylight(s), Vaulted Ceiling(s), Water Softener Owned, Wet Bar
  • Bedrooms: 5
  • Bedrooms Plus: 8.00
  • Other Rooms: Bonus/Game Room, Exercise/Sauna Room, Great Room, Guest Qtrs-Sep Entrn, Library-Blt-in Bkcse, Media Room
  • Bathrooms: 7.00
  • Laundry: Inside, Wshr/Dry HookUp Only
  • Flooring: Carpet, Stone, Wood
  • Fireplace: 3+ Fireplace, Exterior Fireplace, Firepit, Fireplace Family Rm, Fireplace Living Rm, Fireplace Master Bdr, Gas Fireplace, Two Way Fireplace
  • Master Bedroom Type: Split
  • Dining Area: Breakfast Bar, Breakfast Room, Eat-in Kitchen, Formal
  • Estimated Lot Sq Ft: 141449.00
  • Estimated Sq Ft: 11859.00
  • Kitchen Features: Built-in Microwave, Dishwasher, Disposal, Granite Countertops, Kitchen Island, Multiple Ovens, Pantry, Range/Oven Gas, Refrigerator, Reverse Osmosis, Walk-in Pantry
  • Source Of Sq Ft: County Assessor

Exterior Features

  • Exterior Stories: 3
  • Pool: Both Private & Community
  • Spa: Heated, Private
  • Landscaping: Auto Timer H2O Back, Auto Timer H2O Front, Desert Back, Desert Front, Synthetic Grass Back, Yrd Wtring Sys Back, Yrd Wtring Sys Front
  • Roofing: Foam, Tile
  • Fencing: Block, Wrought Iron
  • Construction: Frame - Wood
  • Exterior Features: Balcony, Built-in BBQ, Covered Patio(s), Misting System, Patio, Private Street(s), Pvt Yrd(s)/Crtyrd(s), Separate Guest House
  • Guest House Sq Ft: 950.00
  • Pool Private: Heated, Play Pool, Private

Garage/Parking

  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Gated Parking

Utilities

  • Water: City Water
  • Utilities: APS, SW Gas
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
  • Plumbing: Recirculation Pump

Condo/Co-op/Association

  • Services: City Services
  • Community Features: Biking/Walking Path, Children's Playgrnd, Clubhouse/Rec Room, Comm Tennis Court(s), Community Pool, Community Pool Htd, Community Spa, Community Spa Htd, Gated Community, Golf Course, On-Site Guard
  • Fee Include: Common Area Maint, Street Maint

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School

Lot Info

  • Property Description: Borders Common Area, City Light View(s), Cul-De-Sac Lot, Hillside Lot, Mountain View(s), North/South Exposure

Building Info

  • Builder Name: Cullum Homes Inc.

Tax Info

  • Taxes: 25373.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2011
Closed on
Feb 15, 2013
Sold by
Hearn Stephen G
Bought by
Jhw Property Llc
Seller's Agent
Brian Miller
Russ Lyon Sotheby's International Realty
Buyer's Agent
Garrett Lipski
Fathom Realty Elite
List Price
$7,195,000
Sold Price
$6,665,000
Premium/Discount to List
-$530,000
-7.37%
Current Estimated Value
$6,203,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$461,444
Avg. Annual Appreciation
-0.57%

Purchase Details

Closed on
Jan 22, 2009
Sold by
Cullum Development Inc
Bought by
Hearn Stephen G and Stephen G Hearn Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,075,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2002
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Saguaro Forest 255 Llc
Source: Public Records

Range of Values:

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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
Jhw Property Llc $6,665,000 Us Title Agency Llc
Hearn Stephen G $8,000,000 First Arizona Title Agency
Cullum Development Inc -- First Arizona Title Agency
Saguaro Forest 255 Llc $910,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hearn Stephen G $6,075,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $6,665,000 -4.7% $562 / Sq Ft
01/08/2013 01/08/13 Pending -- -- --
04/23/2012 04/23/12 Price Changed $6,995,000 -2.8% $590 / Sq Ft
04/27/2011 04/27/11 For Sale $7,195,000 -- $607 / 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 $24,566 $446,065 -- --
2024 $23,496 $424,824 -- --
2023 $23,496 $633,310 $77,200 $556,110
2022 $22,635 $564,710 $112,940 $451,770
2021 $24,577 $528,650 $105,730 $422,920
2020 $24,141 $495,930 $99,180 $396,750
2019 $23,418 $344,070 $68,810 $275,260
2018 $22,774 $317,010 $63,400 $253,610
2017 $24,212 $339,400 $67,880 $271,520
2016 $24,106 $317,410 $63,480 $253,930
2015 $25,099 $332,850 $66,570 $266,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4575989

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-64-026