NOT LISTED FOR SALE

Estimated Value: $2,733,000 - $4,014,640

4 Beds
4 Baths
4,985 Sq Ft
$683/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $1,650,000 $331 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $18,856/month

132 Days on Market

Highlights

  • Concierge
  • Guest House
  • Gated with Attendant
  • Black Mountain Elementary School Rated A-
  • On Golf Course
  • Private Pool

About This Home

As of August 2014

A private resort style Desert Tuscan home. Adjacent to the Renegade golf course and practice range yet very private. Sparkling 50 foot pool, a fantastic covered outdoor living room with grill, entertainment center and fireplace. Ideally designed for desert living. The exterior stonework, interior beams and natural stone flooring are just a few examples of the exceptional quality and charm found throughout. The open floor plan features a stunning great room w/ fireplace, gourmet kitchen, home theater, office, luxurious master retreat with separate sitting area, two spacious bedroom suites plus a guest house and 4 car garage. All situated on a private 1.6 acre property. Sold without the Golf Membership.

Last Agent to Sell the Property

Linda Salkow

SERHANT. License #SA523244000 Listed on: 03/25/2014

SERHANT.

Co-Listed By

Amy House

Berkshire Hathaway HomeServices Arizona Properties License #SA633708000

Last Buyer's Agent

Brian Herrera

HomeSmart License #SA627774000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,815

Year Built

  • Built in 2006

Lot Details

  • 1.69 Acre Lot
  • On Golf Course
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $246 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 4,985 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Mountain Views
  • Fire Sprinkler System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Fire Pit

Additional Homes

  • Guest House

Schools

  • Black Mountain Elementary School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 219-11-463

Community Details

Overview

  • Association fees include ground maintenance
  • Desert Mountain Association, Phone Number (480) 595-4000
  • Dm HOA, Phone Number (480) 595-4000
  • Association Phone (480) 595-4000
  • Built by custom
  • Desert Mountain Subdivision

Amenities

  • Concierge
  • Clubhouse
  • Recreation Room

Recreation

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

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,815

Year Built

Built in 2006

Lot Details

0

HOA Fees

$246 per month

Parking

4

Listing Details

  • Cross Street: Pima and Cave Creek Rd
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: DM HOA
  • HOA #2 Phone Number: 480-595-4000
  • HOA #2 Transfer Fee: 750.0
  • 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: 246.05
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2006
  • Tax Year: 2013
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.69
  • Co List Office Mls Id: praz06
  • Co List Office Phone: 480-473-4900
  • Subdivision Name: Desert Mountain
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • General Property Description:PriceSqFt: 330.99
  • Association Fees:HOA Fee2: 1476.36
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Fire Pit
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Central Vacuum, Fire Sprinklers, Vaulted Ceiling(s), Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, Granite Counters
  • Living Area: 4985.0
  • Stories: 1
  • ResoLivingAreaSource: Builder
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: 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
  • Other Rooms:Great Room: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Arizona RoomLanai: Yes
  • Other Rooms:Media Room: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Private Yard
  • Lot Features: Desert Back, Desert Front, On Golf Course, Irrigation Front, Irrigation Back
  • Pool Features: Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Frame - Wood
  • Other Structures: Guest House
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Garage Spaces: 4.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security Guard
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Guarded Entry, Golf, Concierge, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse
  • Amenities: Management
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 1476.36
  • Association Fee Frequency: Semi-Annually
  • Association: DM HOA
  • Association Name: Desert Mountain
  • Association Phone #2: 480-595-4000
  • Phone: 480-595-4000
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 500.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Desert Mountain
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Semi-Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Black Mountain Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 73789.0
  • Parcel #: 219-11-463
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: custom

Tax Info

  • Tax Annual Amount: 7815.0
  • Tax Book Number: 219.00
  • Tax Lot: 9
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2017
Sold by
Molitor Michael R and Molitor Cindy H Sullivan
Bought by
Molitor Michael R and Molitor Cindy H Sullivan
Current Estimated Value
$3,405,660

Purchase Details

Closed on
Aug 26, 2016
Sold by
Molitor Michael R and Molitor Cindy H
Bought by
Molitor Michael R and Molitor Cindy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$557,305
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,848,355

Purchase Details

Listed on
Mar 25, 2014
Closed on
Aug 21, 2014
Sold by
Heines Fred J
Bought by
Molitor Michael R and Sullivan Cindy H
Seller's Agent
Linda Salkow
SERHANT.
Buyer's Agent
Brian Herrera
HomeSmart
List Price
$1,780,000
Sold Price
$1,650,000
Premium/Discount to List
-$130,000
-7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$750,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2011
Closed on
May 7, 2012
Sold by
Weaver Craig and Weaver Sandra L
Bought by
Heines Fred J
Seller's Agent
Michael Doyle
Russ Lyon Sotheby's International Realty
Buyer's Agent
Robert Long
West USA Realty
List Price
$1,595,000
Sold Price
$1,200,000
Premium/Discount to List
-$395,000
-24.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.28%

Purchase Details

Closed on
Mar 15, 2006
Sold by
Weaver C Craig and Weaver Sandra L
Bought by
Weaver Craig and Weaver Sandra L

Purchase Details

Closed on
Apr 11, 2005
Sold by
Larrimore Judith C
Bought by
Larrimore Randall W

Purchase Details

Closed on
Apr 8, 2005
Sold by
Larrimore Randall W
Bought by
Weaver C Craig and Weaver Sandra L

Purchase Details

Closed on
Mar 7, 2005
Sold by
Larrimore Judith C
Bought by
Larrimore Randall W

Purchase Details

Closed on
Nov 17, 1995
Sold by
First American Title Insurance Company
Bought by
Larrimore Randall W and Larrimore Judith C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Molitor Michael R -- None Available
Molitor Michael R -- Mortgage Connect Lp
Molitor Michael R $1,650,000 U S Title Agency Llc
Heines Fred J $1,200,000 Driggs Title Agency Inc
Weaver Craig -- None Available
Larrimore Randall W -- Capital Title Agency Inc
Weaver C Craig $425,000 Capital Title Agency Inc
Larrimore Randall W -- Chicago Title Insurance Co
Larrimore Randall W $223,250 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molitor Michael R $720,000
Closed Molitor Michael R $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2014 08/29/14 Sold $1,650,000 -2.7% $331 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
07/02/2014 07/02/14 Price Changed $1,695,000 -4.8% $340 / Sq Ft
03/25/2014 03/25/14 For Sale $1,780,000 +48.3% $357 / Sq Ft
06/01/2012 06/01/12 Sold $1,200,000 -19.9% $235 / Sq Ft View Prior Sale
04/07/2012 04/07/12 Pending -- -- --
01/31/2012 01/31/12 Price Changed $1,499,000 -6.0% $294 / Sq Ft
03/21/2011 03/21/11 For Sale $1,595,000 0.0% $313 / Sq Ft
03/16/2011 03/16/11 Pending -- -- --
02/10/2011 02/10/11 For Sale $1,595,000 -- $313 / 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 $8,554 $173,856 -- --
2024 $9,158 $165,577 -- --
2023 $9,158 $215,460 $43,090 $172,370
2022 $8,822 $170,770 $34,150 $136,620
2021 $9,579 $164,220 $32,840 $131,380
2020 $9,409 $154,780 $30,950 $123,830
2019 $9,127 $152,810 $30,560 $122,250
2018 $8,876 $150,350 $30,070 $120,280
2017 $8,549 $135,100 $27,020 $108,080
2016 $8,511 $115,720 $23,140 $92,580
2015 $8,048 $113,450 $22,690 $90,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5090162

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-11-463