Seller's Agent in 2025
Kathy Reed
Russ Lyon Sotheby's International Realty
(480) 262-1284
81 in this area
93 Total Sales
42690 N 98th Place Scottsdale, AZ 85262
Desert Mountain Neighborhood
4
Beds
8
Baths
7,176
Sq Ft
4.83
Acres
Highlights
- Concierge
- Golf Course Community
- Gated with Attendant
- Black Mountain Elementary School Rated A-
- Fitness Center
- Heated Spa
About This Home
As of January 2021Make this secluded desert contemporary estate your own private paradise. A creation by 3 Masters of the Southwest - architect Terry Kilbane, builder Jim Manship, and Design Directives Interiors - the home showcases the natural beauty of indigenous stone, wood and copper. This masterpiece is strategically sited on a ridgeline in a linear fashion to take full advantage of the southern exposure providing breathtaking mountain,Valley and city light views. Perfect for music and art lovers, the magnificent entertaining spaces flow seamlessly throughout the main level and exterior living spaces that include a large pool in the shape of a grand piano. Unparalleled attention to detail is found throughout from the stunning entry door to the beamed ceilings, copper hearths and mahogany cabinetry
Last Agent to Sell the Property
Russ Lyon Sotheby's International Realty License #SA504994000 Listed on: 10/17/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,775
Year Built
- Built in 2007
Lot Details
- 4.83 Acre Lot
- Cul-De-Sac
- Private Streets
- Desert faces the front and back of the property
- Block Wall Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
HOA Fees
- $365 Monthly HOA Fees
Parking
- 6 Car Direct Access Garage
- Heated Garage
- Garage Door Opener
Home Design
- Designed by Terry Kilbane Architects
- Contemporary Architecture
- Wood Frame Construction
- Tile Roof
- Foam Roof
- Block Exterior
- Stone Exterior Construction
- Stucco
Interior Spaces
- 7,176 Sq Ft Home
- 2-Story Property
- Elevator
- Wet Bar
- Central Vacuum
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- Gas Fireplace
- Double Pane Windows
- Solar Screens
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Mountain Views
- Security System Owned
Kitchen
- Breakfast Bar
- Gas Cooktop
- Built-In Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Carpet
- Stone
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Primary Bathroom is a Full Bathroom
- 8 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
- Fire Pit
- Built-In Barbecue
Schools
- Black Mountain Elementary School
- Sonoran Trails Middle School
- Cactus Shadows High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Water Purifier
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 312
- Assessor Parcel Number 219-64-127
Community Details
Overview
- Association fees include ground maintenance, (see remarks), street maintenance
- Desert Mountain HOA, Phone Number (480) 635-5600
- Built by Manship Builders
- Desert Mountain Phase 3 Unit 41 Amd Subdivision
Amenities
- Concierge
- Recreation Room
Recreation
- Golf Course Community
- Tennis Courts
- Community Playground
- Fitness Center
- Heated Community Pool
- Community Spa
- Bike Trail
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2020
Closed on
Jan 11, 2021
Sold by
Gilman Thomas F and Gilman Jo Anne
Bought by
Serra Jeffrey R and Tollefson Kirsten
Seller's Agent
Bee Francis
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kathy Reed
Russ Lyon Sotheby's International Realty
List Price
$4,295,000
Sold Price
$4,000,000
Premium/Discount to List
-$295,000
-6.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.55%
Original Mortgage
$2,925,000
Outstanding Balance
$2,212,976
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$5,475,846
Purchase Details
Closed on
Feb 5, 2014
Sold by
Gilman Thomas F and Gilman Jo Anne M
Bought by
The Gilman Family Trust
Purchase Details
Closed on
Feb 19, 2004
Sold by
Desert Mountain Properties Lp
Bought by
Gilman Thomas F and Gilman Jo Anne M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.61%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,000,000 | First Arizona Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $1,200,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,925,000 | New Conventional | |
| Previous Owner | $2,000,000 | Credit Line Revolving | |
| Previous Owner | $2,475,000 | New Conventional | |
| Previous Owner | $3,122,170 | Fannie Mae Freddie Mac | |
| Previous Owner | $960,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | For Sale | $8,000,000 | +100.0% | $1,115 / Sq Ft |
| 01/19/2021 01/19/21 | Sold | $4,000,000 | -6.9% | $557 / Sq Ft |
| 12/07/2020 12/07/20 | Pending | -- | -- | -- |
| 10/17/2020 10/17/20 | For Sale | $4,295,000 | -- | $599 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $18,439 | $334,808 | -- | -- |
| 2024 | $17,636 | $318,865 | -- | -- |
| 2023 | $17,636 | $322,850 | $64,570 | $258,280 |
| 2022 | $16,989 | $289,220 | $57,840 | $231,380 |
| 2021 | $18,953 | $283,550 | $56,710 | $226,840 |
| 2020 | $17,775 | $276,760 | $55,350 | $221,410 |
| 2019 | $17,130 | $297,350 | $59,470 | $237,880 |
| 2018 | $16,599 | $283,870 | $56,770 | $227,100 |
| 2017 | $15,872 | $277,700 | $55,540 | $222,160 |
| 2016 | $15,923 | $248,250 | $49,650 | $198,600 |
| 2015 | $14,987 | $224,930 | $44,980 | $179,950 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2025
Hugh Reed
Russ Lyon Sotheby's International Realty
(480) 570-6939
23 in this area
26 Total Sales
-
Seller's Agent in 2021
Bee Francis
Russ Lyon Sotheby's International Realty
(602) 679-3193
167 in this area
177 Total Sales
-
Seller Co-Listing Agent in 2021
Kathleen Benoit
Russ Lyon Sotheby's International Realty
(480) 544-5565
154 in this area
175 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6148569
APN: 219-64-127
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.
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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