NOT LISTED FOR SALE

9701 E Happy Valley Rd Unit 9 Scottsdale, AZ 85255

Pinnacle Peak Neighborhood

Estimated Value: $6,373,000 - $7,330,396

6 Beds
7.5 Baths
11,654 Sq Ft
$583/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $3,550,000 $305 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $38,142/month

461 Days on Market

Highlights

  • Heated Lap Pool
  • Gated Community
  • 4.29 Acre Lot
  • Sonoran Trails Middle School Rated A-
  • City Lights View
  • Two Primary Bathrooms

About This Home

As of February 2020

Nestled on 4+ acres of high sonoran desert, this Magnificent Mediterranean Villa awaits. Tranquil & secluded, this superbly crafted residence offers breathtaking views of mountains, dazzling city lights & magical sunsets. Step inside the gracious foyer to soaring ceilings & one of three disappearing glass walls that welcome you to the elegant backyard w/ the city view below. All living is main level (incl. 2nd master), except the spectacular private master suite. Lavish amenities include Control4 Smart System, full bar, theater, wine cellar, butler's pantry, exercise room, elevator, 6 FPs, water/fire features, A/C garage plus a host of fine finishes including stone/cantera details, venetian plaster/artisan accents, hand-forged iron staircase & exquisite ceilings. Finest lot in The Peak.

Last Agent to Sell the Property

Jill Hocken

HomeSmart License #SA574063000 Listed on: 09/14/2018

HomeSmart

Last Buyer's Agent

Tiffany Carlson-Richison

Realty ONE Group License #BR556807000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,481

Year Built

  • Built in 2002

Lot Details

  • 4.29 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
  • Grass Covered Lot

HOA Fees

  • $182 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Heated Garage
  • Side or Rear Entrance to Parking
  • Tandem Parking
  • Garage Door Opener
  • Circular Driveway

Property Views

  • City Lights
  • Mountain

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 11,654 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 7.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Home Security

  • Security System Owned
  • Smart Home
  • Fire Sprinkler System

Pool

  • Heated Lap Pool
  • Heated Spa

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Gazebo
  • Built-In Barbecue
  • Playground

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 217-06-058

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • The Peak Association, Phone Number (480) 607-9700
  • Built by Preston Homes
  • The Peak Subdivision, Custom Estate Floorplan

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,481

Year Built

Built in 2002

Lot Details

0

HOA Fees

$182 per month

Parking

5

Listing Details

  • Cross Street: Pima & Happy Valley
  • 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: 181.67
  • Basement: N
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2018
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Spa Private: Yes
  • Tax Year: 2017
  • Directions: East on Happy Valley to ''The Peak'' gate at Grand Vista Road. South through gate to the end (Desert Vista); Right/West to home at end of cul-de-sac.
  • Master Model: Custom Estate
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 4.29
  • Subdivision Name: The Peak
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 545.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Spa Features: Heated, Private
  • Possible Bedrooms: 8
  • Total Bedrooms: 6
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Upstairs, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Drink Wtr Filter Sys, Elevator, Fire Sprinklers, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Smart Home, Granite Counters
  • Living Area: 11654.0
  • Stories: 2
  • Window Features: Skylight(s), Double Pane Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Circular Drive, Covered Patio(s), Playground, Gazebo/Ramada, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Lap, Private
  • Pool Private: Yes
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Extnded Lngth Garage, Separate Strge Area, Side Vehicle Entry, Temp Controlled, Tandem
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Tandem Garage: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only, Upper Level
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Amenities: Self Managed
  • Association Fee: 545.0
  • Association Fee Frequency: Quarterly
  • Association Name: The Peak
  • Phone: 480-607-9700
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 1500.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: The Peak
  • Association Fees:HOA Telephone4: 480-607-9700
  • 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: Desert Sun Academy
  • 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: 186893.0
  • Parcel #: 217-06-058
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Preston Homes

Tax Info

  • Tax Annual Amount: 20481.0
  • Tax Book Number: 217.00
  • Tax Lot: 9
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Jan 28, 2020
Sold by
Farrell Thomas and Farrell Shari Yates
Bought by
Farrell Shari Yates
Seller's Agent
Jill Hocken
HomeSmart
Buyer's Agent
Tiffany Carlson-Richison
Realty ONE Group
List Price
$4,000,000
Sold Price
$3,550,000
Premium/Discount to List
-$450,000
-11.25%
Total Days on Market
461
Current Estimated Value
$6,792,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,242,599
Avg. Annual Appreciation
13.02%

Purchase Details

Listed on
Sep 14, 2018
Closed on
Dec 27, 2019
Sold by
Allan David V M and Allan Karen D
Bought by
Farrell Shari Yates
Seller's Agent
Jill Hocken
HomeSmart
Buyer's Agent
Tiffany Carlson-Richison
Realty ONE Group
List Price
$4,000,000
Sold Price
$3,550,000
Premium/Discount to List
-$450,000
-11.25%

Purchase Details

Listed on
Oct 26, 2012
Closed on
Oct 25, 2012
Sold by
Scherston Real Estate Investments Llc
Bought by
Allan David V M and Allan Karen D
Seller's Agent
Robert Hassett
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jill Hocken
HomeSmart
List Price
$3,500,000
Sold Price
$2,800,000
Premium/Discount to List
-$700,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%

Purchase Details

Listed on
Oct 26, 2012
Closed on
Oct 24, 2012
Sold by
Gaspari Richard M
Bought by
Scherston Real Estate Investments Llc
Seller's Agent
Robert Hassett
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jill Hocken
HomeSmart
List Price
$3,500,000
Sold Price
$2,800,000
Premium/Discount to List
-$700,000
-20%

Purchase Details

Listed on
Oct 26, 2012
Closed on
Sep 20, 2012
Sold by
Gaspari Richard M
Bought by
American Chartered Bank
Seller's Agent
Robert Hassett
Russ Lyon Sotheby's International Realty
Buyer's Agent
Jill Hocken
HomeSmart
List Price
$3,500,000
Sold Price
$2,800,000
Premium/Discount to List
-$700,000
-20%

Purchase Details

Closed on
Dec 9, 2002
Sold by
Preston Homes Development Llc
Bought by
Gaspari Richard M and Gaspari Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,610,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1999
Sold by
Preston Homes Inc
Bought by
Preston Homes Development Llc

Purchase Details

Closed on
Jun 22, 1998
Sold by
Hdrf Enterprises Ltd Partnership
Bought by
Preston Homes Inc

Purchase Details

Closed on
Apr 17, 1997
Sold by
Roberts Michael D
Bought by
Hdrf Enterprises Ltd Partnership

Purchase Details

Closed on
Mar 20, 1997
Sold by
The Smith Project
Bought by
Roberts Michael D and Roberts Ann N
Source: Public Records

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Range of Values:

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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
Farrell Shari Yates -- Lawyers Title Of Arizona Inc
Farrell Shari Yates $3,550,000 Lawyers Title Of Arizona Inc
Allan David V M $2,800,000 First American Title Ins Co
Scherston Real Estate Investments Llc $3,106,093 First American Title
American Chartered Bank $3,106,093 None Available
Gaspari Richard M $4,100,000 Lawyers Title Of Arizona Inc
Preston Homes Development Llc -- --
Preston Homes Inc $308,750 Capital Title Agency Inc
Hdrf Enterprises Ltd Partnership -- First American Title
Roberts Michael D $255,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaspari Richard M $175,000
Previous Owner Gaspari Richard M $500,000
Previous Owner Gaspari Richard M $1,000,000
Previous Owner Gaspari Richard M $272,829
Previous Owner Gaspari Richard M $3,000,000
Previous Owner Gaspari Richard M $2,610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $3,550,000 -6.6% $305 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
11/07/2019 11/07/19 Price Changed $3,800,000 -5.0% $326 / Sq Ft
09/19/2019 09/19/19 For Sale $4,000,000 +12.7% $343 / Sq Ft
08/01/2019 08/01/19 Off Market $3,550,000 -- --
01/16/2019 01/16/19 Price Changed $4,000,000 -9.1% $343 / Sq Ft
09/14/2018 09/14/18 For Sale $4,400,000 +57.1% $378 / Sq Ft
10/31/2012 10/31/12 Sold $2,800,000 -20.0% $240 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
10/26/2012 10/26/12 For Sale $3,500,000 -- $300 / 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 $22,939 $416,524 -- --
2024 $21,940 $396,690 -- --
2023 $21,940 $420,620 $84,120 $336,500
2022 $21,136 $364,980 $72,990 $291,990
2021 $22,949 $388,910 $77,780 $311,130
2020 $22,543 $340,620 $68,120 $272,500
2019 $21,867 $315,960 $63,190 $252,770
2018 $21,266 $298,980 $59,790 $239,190
2017 $20,481 $281,920 $56,380 $225,540
2016 $20,788 $273,730 $54,740 $218,990
2015 $21,114 $280,000 $56,000 $224,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5820054

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-06-058