NOT LISTED FOR SALE

Estimated Value: $6,016,000 - $7,147,564

4 Beds
4.5 Baths
6,981 Sq Ft
$943/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $6,700,000 $960 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $36,191/month

596 Days on Market

Highlights

  • Concierge
  • Guest House
  • Fitness Center
  • Black Mountain Elementary School Rated A-
  • Golf Course Community
  • Gated with Attendant

About This Home

As of May 2015

One of the best lots in Desert Mountain and a spectacular home to match. Perched at the top of the Village of Saguaro Forest, this newly completed home boasts magnificent views that stretch for miles. 6327 sq. ft. Main residence with 3 bedrooms, media room/office, 4 ½ bathrooms. Guest house is 1 bedroom 654 sq. ft. 4-car garage. Outdoor living spaces feature negative edge pool and spa, and built-in barbecue. Built by Dick Lloyd
Custom Homes this soft contemporary home includes all the upgrades you would expect – Honed marble counters, travertine and hardwood floors, extensive stone work and so much more. Interior Design by Suzanne Biers of SBCO.
The home is very private yet views are captured by every window.

Call Sopey today for your private showing.

Last Agent to Sell the Property

Russell Sopeland

Fathom Realty Elite License #SA033405000 Listed on: 08/08/2013

Fathom Realty Elite

Last Buyer's Agent

Kathleen Benoit

Russ Lyon Sotheby's International Realty License #BR573606000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,077

Year Built

  • Built in 2013 | Under Construction

Lot Details

  • 5.76 Acre Lot
  • Desert faces the front and back of the property

Parking

  • 4 Car Garage
  • 1 Carport Space
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 6,981 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • 3 Fireplaces
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Additional Homes

  • Guest House

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating

Listing and Financial Details

  • Tax Lot 243
  • Assessor Parcel Number 219-64-014

Community Details

Overview

  • Property has a Home Owners Association
  • Desert Mountain Association, Phone Number (480) 575-4000
  • Built by Dick Lloyd Custom Homes
  • Desert Mountain Subdivision

Amenities

  • Concierge
  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • 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

$3,077

Year Built

Built in 2013 | Under Construction

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Cave Creek/ Desert Mountain Parkway
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 347.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2013
  • Spa Private: Yes
  • Tax Year: 2012
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 5.76
  • Subdivision Name: Desert Mountain
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 2082.0
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Spa Features: Community, Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Kitchen Island, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 6981.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Community Features:Gated Community2: 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
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Community Features:Concierge: Yes

Exterior Features

  • Fencing: Other, See Remarks
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Desert Back, Desert Front, Natural Desert Back, Natural Desert Front
  • Pool Features: Play Pool, Community, Heated, Private
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Stone, Block, Frame - Wood, Spray Foam Insulation
  • Other Structures: Guest House
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes
  • Construction Status:Under Construction: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Electric Door Opener
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Other, See Remarks
  • Laundry Features: Inside
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: Guarded Entry, Golf, Concierge, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain
  • Phone: 480-575-4000
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 735.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Desert Mountain
  • Association Fees:HOA Telephone4: 480-575-4000
  • 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_: $

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 250792.0
  • Parcel #: 219-64-014
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Dick Lloyd Custom Homes

Tax Info

  • Tax Annual Amount: 3077.0
  • Tax Book Number: 219.00
  • Tax Lot: 243
  • Tax Map Number: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2022
Sold by
Benson James M
Bought by
James M Benson Revocable Trust
Current Estimated Value
$6,581,782

Purchase Details

Listed on
Aug 8, 2013
Closed on
May 13, 2015
Sold by
Saguaro Forest Lot 243 Llc
Bought by
Benson James M
Seller's Agent
Russell Sopeland
Fathom Realty Elite
Buyer's Agent
Kathleen Benoit
Russ Lyon Sotheby's International Realty
List Price
$7,295,000
Sold Price
$6,700,000
Premium/Discount to List
-$595,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.17%
Original Mortgage
$3,500,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2014
Sold by
Sutherland Catherine
Bought by
Saguaro Forest Lot 243 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,935,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 20, 2011
Sold by
Telerico Louis A
Bought by
Sutherland Catherine

Purchase Details

Closed on
Oct 13, 2003
Sold by
Desert Mountain Properties Lp
Bought by
Telerico Louis A and The Louis A Telerico Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Interest Rate
5.97%
Mortgage Type
New Conventional
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
James M Benson Revocable Trust -- --
Benson James M $6,700,000 U S Title Agency
Saguaro Forest Lot 243 Llc $2,150,000 U S Title Agency Llc
Sutherland Catherine $650,000 First American Title Ins Co
Telerico Louis A $1,750,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benson James M $3,500,000
Previous Owner Saguaro Forest Lot 243 Llc $1,935,000
Previous Owner Telerico Louis A $1,312,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $6,700,000 -8.2% $960 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
08/11/2014 08/11/14 For Sale $7,295,000 +8.9% $1,045 / Sq Ft
08/07/2014 08/07/14 Off Market $6,700,000 -- --
08/06/2013 08/06/13 For Sale $7,295,000 -- $1,045 / 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 $15,535 $313,848 -- --
2024 $16,532 $298,903 -- --
2023 $16,532 $605,680 $121,130 $484,550
2022 $15,926 $477,710 $95,540 $382,170
2021 $17,292 $450,820 $90,160 $360,660
2020 $16,986 $411,420 $82,280 $329,140
2019 $16,477 $284,670 $56,930 $227,740
2018 $16,024 $273,980 $54,790 $219,190
2017 $15,432 $266,770 $53,350 $213,420
2016 $15,364 $239,250 $47,850 $191,400
2015 $13,621 $247,020 $49,400 $197,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4980029

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-64-014