NOT LISTED FOR SALE

The Luxe - The Luxe at Desert Ridge 5350 E Deer Valley Dr Unit 4240 Phoenix, AZ 85054

Desert Ridge Neighborhood

Estimated Value: $410,000 - $438,000

2 Beds
2 Baths
1,246 Sq Ft
871 Sq Ft Lot

Sale Details

Date Sold: August 15, 2023

Last sale price $440,000 $353 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,128 / mo

140 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • Gated Parking
  • Desert Trails Elementary School Rated A
  • Unit is on the top floor
  • Mountain View

About This Home

As of August 2023

AMAZING VIEWS out of every window!! This is truly a penthouse experience. Incredible views of the Marriott Golf course and 180 degree views of the mountains, and city lights. Open floor plan with spilt bedrooms. Primary Bedroom has a full bath with double vanity, separate shower and tub and walk in closet. Guest Bedroom with views of mountains. Freshly Painted & New carpet throughout. Granite counters. Toscana amenities include 2 Fitness centers, 2 Clubhouses, Game Room, 3 Heated Resort style pools, business center, outdoor BBQs, Concierge, and Night Manager. 2 side by side underground parking spaces. Within walking distance to shopping, dining, and entertainment. The perfect lock and leave or full time home.

Last Agent to Sell the Property

Kim Schick

Russ Lyon Sotheby's International Realty License #SA643695000 Listed on: 02/22/2023

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Kyle Cannon

Redfin Corporation License #SA699996000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 2008

Lot Details

  • Two or More Common Walls
  • Private Streets
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Assigned Parking

Home Design

  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,246 Sq Ft Home
  • 4-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Granite Countertops

Flooring

  • Floors Updated in 2023
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Location

  • Unit is on the top floor
  • Property is near bus stop

Schools

  • Desert Trails Elementary School
  • Explorer Middle School
  • Pinnacle High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Additional Features

  • No Interior Steps

Listing and Financial Details

  • Tax Lot 4240
  • Assessor Parcel Number 212-51-821

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, trash, roof replacement, maintenance exterior
  • First Serv Resident. Association, Phone Number (480) 585-0808
  • Dr Comm Ass Association, Phone Number (480) 551-4300
  • Association Phone (480) 551-4300
  • Built by Statesman
  • Toscana At Desert Ridge Condominium 2Nd Amd Subdivision

Recreation

  • Community Spa

Additional Features

  • Recreation Room
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,264

Year Built

Built in 2008

Lot Details

871 Sq Ft Lot

HOA Fees

$538 per month

Parking

2

Listing Details

  • Cross Street: 56st St & Deer Valley Dr
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: DR Comm Ass
  • HOA #2 Phone Number: 480-551-4300
  • HOA #2 Transfer Fee: 155.0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 538.0
  • Basement: N
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2023
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2022
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: TOSCANA AT DESERT RIDGE CONDOMINIUM 2ND AMD
  • Property Attached Yn: Yes
  • General Property Description:PriceSqFt: 353.13
  • Association Fees:HOA Fee2: 494.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1246.0
  • Stories: 4
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Private Street(s)
  • Lot Features: Grass Front, Auto Timer H2O Front
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail, Vicinity of an Airport
  • Common Walls: Two Common Walls, Neighbor Below
  • Construction Type: Stucco, Steel Frame, Painted
  • Roof: Built-Up
  • Construction:Frame - Metal: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes
  • General Property Description:Community Pool YN2: Yes
  • General Property Description:Private Pool YN2: No

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Gated, Assigned
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Near Bus Stop, Guarded Entry, Fitness Center
  • Association #2 Fee: 264.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 494.0
  • Association Fee Frequency: Monthly
  • Association: DR Comm Ass
  • Association Name: Toscana
  • Association Phone #2: 480-551-4300
  • Phone: 480-585-0808
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 125.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Toscana
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2964.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 988.0
  • Association Fees:Disclosure Fees HOA: 382.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Disclosure Fees HOA 2: 245.0
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fees:HOA Management Company 2: First Serv Resident.

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Trash, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Desert Trails Elementary School
  • High School: Pinnacle High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Explorer Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 806.0
  • Parcel #: 212-51-821

Building Info

  • Builder Name: Statesman

Tax Info

  • Tax Annual Amount: 2264.0
  • Tax Book Number: 212.00
  • Tax Lot: 4240
  • Tax Map Number: 51.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Aug 15, 2023
Sold by
Bought by
Seller's Agent
Kim Schick
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kyle Cannon
Redfin Corporation
List Price
$489,999
Sold Price
$440,000
Premium/Discount to List
-$49,999
-10.2%
Views
85
Current Estimated Value
$428,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,202
Avg. Annual Appreciation
-0.87%
Original Mortgage
$300,000
Interest Rate
0.0671%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2018
Closed on
Jan 19, 2018
Sold by
Bought by
Seller's Agent
Meridian Qalliaj
HomeSmart
Buyer's Agent
Kim Schick
Russ Lyon Sotheby's International Realty
List Price
$339,000
Sold Price
$335,000
Premium/Discount to List
-$4,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Jul 15, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
0.0445%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 11, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,100
Interest Rate
0.0815%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,100
Interest Rate
0.0815%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$440,000 Empire Title Agency
$335,000 First American Title Insuran
$225,000 Stewart Title & Trust Of Pho
$330,930 Accommodation
-- None Available
$410,641 Guaranty Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $300,000
Previous Owner $174,000
Previous Owner $202,500
Previous Owner $390,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2023 08/15/23 Sold $440,000 -2.2% $353 / Sq Ft
06/30/2023 06/30/23 Price Changed $450,000 -8.2% $361 / Sq Ft
05/13/2023 05/13/23 For Sale $489,999 +11.4% $393 / Sq Ft
05/11/2023 05/11/23 Off Market $440,000 -- --
04/06/2023 04/06/23 Price Changed $489,999 -2.0% $393 / Sq Ft
02/22/2023 02/22/23 For Sale $500,000 +49.3% $401 / Sq Ft
03/01/2018 03/01/18 Sold $335,000 -1.2% $269 / Sq Ft View Prior Sale
01/19/2018 01/19/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $339,000 -- $272 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,832 $27,714
2024 $2,285 $26,394
2023 $2,285 $29,370 $5,870 $23,500
2022 $2,264 $24,250 $4,850 $19,400
2021 $2,301 $22,800 $4,560 $18,240
2020 $2,300 $22,560 $4,510 $18,050
2019 $2,310 $21,400 $4,280 $17,120
2018 $2,385 $21,920 $4,380 $17,540
2017 $2,278 $22,360 $4,470 $17,890
2016 $2,242 $21,430 $4,280 $17,150
2015 $2,080 $20,830 $4,160 $16,670
Source: Public Records

Agents Affiliated with this Home

  • Kim Schick

    Seller's Agent in 2023

    Kim Schick

    Russ Lyon Sotheby's International Realty

    (480) 560-7937

    1 in this area

    28 Total Sales

    Kim Schick
    Section Image

  • K

    Buyer's Agent in 2023

    Kyle Cannon

    Redfin Corporation

    Kyle Cannon
    Section Image
  • Meridian Qalliaj

    Seller's Agent in 2018

    Meridian Qalliaj

    HomeSmart

    (602) 327-9572

    6 Total Sales

    Meridian Qalliaj
    Section Image
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About The Luxe - The Luxe at Desert Ridge

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6523358

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-51-821

Arizona Maricopa County Phoenix 85054 Desert Ridge

5350 E Deer Valley Dr Unit 4240, Phoenix, AZ

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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