NOT LISTED FOR SALE

43031 N 111th Place Scottsdale, AZ 85262

Desert Mountain Neighborhood

Estimated Value: $5,987,512 - $7,840,000

4 Beds
4.5 Baths
7,055 Sq Ft
$973/Sq Ft Est. Value

Last Sold June 10, 2019

Last sale price $3,900,000 $553 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $39,978/month

151 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Heated Spa
  • Black Mountain Elementary School Rated A-
  • Gated with Attendant
  • City Lights View

About This Home

As of June 2019

Dramatic New Price for Stunning Contemporary Masterpiece by Glass Haus. Owner wants this home SOLD! 2018 appraisal of $6.2M. Sleek architecture, lighting and interiors utilizing copper, glass, limestone, tropical woods and dramatic porcelain tiles. Entry level with 4 car garage, gallery reception area, floating staircase & elevator all lead to a grand, open one-level main living featuring a great room w/ perimeter glass walls and bird's eye valley views, large media/family room, resort pool patio, ''floating'' library, and magnificent master suite with luxury spa bath and ''showcase'' closets. Upper level offers 3 ensuite guest bedrooms and view deck with firepit and dazzling forever views from atop Apache Peak Village. Floor plans found in Docs tab.

Last Agent to Sell the Property

Kathleen Benoit

Russ Lyon Sotheby's International Realty License #BR573606000 Listed on: 11/25/2018

Russ Lyon Sotheby's International Realty

Co-Listed By

Bee Francis

Russ Lyon Sotheby's International Realty License #SA504994000

Last Buyer's Agent

Linda Salkow

SERHANT. License #SA523244000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,650

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 6.43 Acre Lot
  • Desert faces the front of the property

HOA Fees

  • $286 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain

Home Design

  • Designed by Aaron Rodriguez Architects
  • Contemporary Architecture
  • Spray Foam Insulation
  • Concrete Roof
  • Block Exterior
  • Stone Exterior Construction

Interior Spaces

  • 7,055 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Mechanical Sun Shade
  • Living Room with Fireplace
  • 2 Fireplaces
  • Fire Sprinkler System

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Hallway
  • Stepless Entry

Pool

  • Heated Spa
  • Play Pool

Outdoor Features

  • Fire Pit

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number 219-47-358

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Desert Mountain Association, Phone Number (480) 635-5600
  • Built by Glass Haus LLC
  • Desert Mountain Subdivision

Amenities

  • Clubhouse
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,650

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$286 per month

Parking

4

Listing Details

  • Cross Street: Pima and Cave Creek Rd.
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Aaron Rodriguez
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 286.33
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Spa Private: Yes
  • Tax Year: 2018
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 6.43
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: Desert Mountain
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 1718.0
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Spa Features: Heated, Private
  • Accessibility Features: Zero-Grade Entry, Accessible Hallway(s)
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Fire Pit, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Physcl Chlgd (SRmks), Elevator, Fire Sprinklers, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 7055.0
  • Stories: 3
  • Window Features: Dual Pane, Low-E, Mechanical Sun Shds
  • ResoLivingAreaSource: Appraiser
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Media Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: See Remarks, Other
  • Lot Features: Desert Front
  • Pool Features: Play Pool, Heated, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: See Remarks, Stone, Block, Spray Foam Insulation
  • Property Condition: Under Construction
  • Roof: Concrete
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes
  • Construction Status:Under Construction: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Dir Entry frm Garage, Electric Door Opener, Extnded Lngth Garage, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Over Height Garage: Yes

Utilities

  • Cooling: Programmable Thmstat, Refrigeration
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Media Room, Guarded Entry, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Association Fee: 1718.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain
  • Phone: 480-635-5600
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 780.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Desert Mountain
  • Association Fees:HOA Telephone4: (480)635-5600
  • 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: 280004.0
  • Parcel #: 219-47-358
  • ResoLotSizeUnits: SquareFeet

Green Features

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

Building Info

  • Builder Name: Glass Haus LLC

Tax Info

  • Tax Annual Amount: 2650.0
  • Tax Book Number: 219.00
  • Tax Lot: 102
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2018
Closed on
May 24, 2019
Sold by
Glass Haus Llc
Bought by
2188923 Alberta Ltd
Seller's Agent
Kathleen Benoit
Russ Lyon Sotheby's International Realty
Buyer's Agent
Linda Salkow
SERHANT.
List Price
$4,995,000
Sold Price
$3,900,000
Premium/Discount to List
-$1,095,000
-21.92%
Total Days on Market
151
Current Estimated Value
$6,866,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,966,171
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
May 13, 2015
Sold by
Wicka Marcy J
Bought by
Wicka James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
3.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 6, 2015
Sold by
Wicka James C
Bought by
Glass Haus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
3.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 11, 2011
Sold by
M & I Marshall & Ilsley Bank
Bought by
Wicks James C

Purchase Details

Closed on
Apr 21, 2010
Sold by
Kabat Walter
Bought by
M & I Marshall & Ilsley Bank

Purchase Details

Closed on
Mar 28, 2009
Sold by
Kabat Walter and Pyter Kabat Ludmila
Bought by
6030 N Camelback Manor Llc

Purchase Details

Closed on
Aug 5, 2008
Sold by
Kabat Walter
Bought by
Kabat Walter and Pyter Kabat Ludmila

Purchase Details

Closed on
Dec 11, 2006
Sold by
Kabat Ludi
Bought by
Kabat Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2003
Sold by
Desert Mountain Properties Lp
Bought by
Kabat Walter and Kabat Ludi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.26%
Mortgage Type
Unknown
Source: Public Records

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
2188923 Alberta Ltd $3,900,000 First Arizona Title Agency
Wicka James C -- First American Title Ins Co
Glass Haus Llc $187,200 First American Title Ins Co
Wicks James C $150,000 Security Title Agency
M & I Marshall & Ilsley Bank $423,448 Security Title Agency
6030 N Camelback Manor Llc -- None Available
Kabat Walter -- None Available
Kabat Walter -- Chicago Title Insurance Comp
Kabat Walter $300,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glass Haus Llc $3,300,000
Previous Owner Glass Haus Llc $1,380,000
Previous Owner Glass Haus Llc $136,500
Previous Owner Kabat Walter $950,000
Previous Owner Kabat Walter $240,000
Previous Owner Kabat Walter $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2019 06/10/19 Sold $3,900,000 -2.4% $553 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
03/22/2019 03/22/19 Price Changed $3,995,000 -11.1% $566 / Sq Ft
02/11/2019 02/11/19 Price Changed $4,495,000 -10.0% $637 / Sq Ft
11/25/2018 11/25/18 For Sale $4,995,000 -- $708 / 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 $13,791 $272,209 -- --
2024 $13,354 $259,246 -- --
2023 $13,354 $378,100 $75,620 $302,480
2022 $12,926 $285,720 $57,140 $228,580
2021 $13,988 $268,660 $53,730 $214,930
2020 $13,941 $287,760 $57,550 $230,210
2019 $13,430 $282,120 $56,420 $225,700
2018 $2,620 $113,520 $113,520 $0
2017 $2,523 $136,410 $136,410 $0
2016 $2,512 $146,955 $146,955 $0
2015 $2,534 $129,024 $129,024 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Benoit

    Seller's Agent in 2019

    Kathleen Benoit

    Russ Lyon Sotheby's International Realty

    (480) 544-5565

    157 in this area

    179 Total Sales

    Kathleen Benoit
    Section Image
  • Bee Francis

    Seller Co-Listing Agent in 2019

    Bee Francis

    Russ Lyon Sotheby's International Realty

    (602) 679-3193

    171 in this area

    181 Total Sales

    Bee Francis
    Section Image
  • Linda Salkow

    Buyer's Agent in 2019

    Linda Salkow

    SERHANT.

    (480) 620-3511

    52 in this area

    74 Total Sales

    Linda Salkow
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5850791

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-358

Arizona Maricopa County Scottsdale 85262 Desert Mountain

43031 N 111th Place, Scottsdale, AZ

This home is located at 43031 N 111th Place, Scottsdale, AZ 85262 since 25 November 2018 and is currently estimated at $6,866,171, approximately $973 per square foot. This property was built in 2018. 43031 N 111th Place 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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