$2,800,000
SOLD OCT 31, 2012

9701 E Happy Valley Rd Unit 9 Scottsdale, AZ 85255

Pinnacle Peak Neighborhood
6 Beds
7.5 Baths
11,654 Sq Ft
4.29 Acres

Recently Sold

$240 Per Sq Ft

20% Below List Price

Highlights

  • Heated Spa
  • Sitting Area In Primary Bedroom
  • City Lights View
  • Sonoran Trails Middle School Rated A-
  • Gated Community
  • 4.29 Acre Lot

About This Home

As of February 2020

Incredibly, but firmly priced - Absolutely gorgeous Tuscan style estate on approx 5 acres in gated community in the heart of North Scottsdale. This 11477sf home boasts 2 master suites, a media/game room, large office, exercise room, cooled wine cellar, 5 fireplaces, stone flooring, granite counters, custom cabinets & doors plus more! Outdoor living includes a sparkling pool, spa and dazzling city light and mountain views.

Last Agent to Sell the Property

Robert Hassett

Russ Lyon Sotheby's International Realty License #SA029216000 Listed on: 10/26/2012

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Jill Hocken

HomeSmart License #SA574063000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,086

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
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 4 Car Garage
  • Side or Rear Entrance to 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
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 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 in unit
  • Washer and Dryer Hookup

Home Security

  • Security System Owned
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

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

Schools

  • Desert Sun Academy Elementary School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • Property has a Home Owners Association
  • Built by Preston Homes
  • The Peak Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,086

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Pima & Happy Valley
  • Legal Info Range: 5E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 181.66
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2002
  • Spa Private: Yes
  • Tax Year: 2009
  • Directions: East on Happy Valley to the Peak gate on the South side. Through gate to the end, west (right) to home at end of cul-de-sac.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 4.29
  • Subdivision Name: The Peak
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 545.0
  • Special Features: None

Interior Features

  • Basement: None
  • 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: Mstr Bdrm Sitting Rm, Upstairs, Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, Central Vacuum, Drink Wtr Filter Sys, Elevator, Fire Sprinklers, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 11654.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony, Circular Drive, Covered Patio(s), Playground, Patio, Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: Heated, Private
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req
  • 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:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Electric Door Opener, Extnded Lngth Garage, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Extnded Lngth Garage: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Security: Security System Owned, Gated Community
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee Frequency: Quarterly
  • Association Name: .
  • Phone: .
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: .
  • Association Fees:HOA Telephone4: .
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 186893.0
  • Parcel #: 217-06-058
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Preston Homes

Tax Info

  • Tax Annual Amount: 23086.0
  • 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
0
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Warranty Deed $3,550,000 Lawyers Title Of Arizona Inc
Cash Sale Deed $2,800,000 First American Title Ins Co
Sheriffs Deed $3,106,093 First American Title
Sheriffs Deed $3,106,093 None Available
Special Warranty Deed $4,100,000 Lawyers Title Of Arizona Inc
Quit Claim Deed -- --
Cash Sale Deed $308,750 Capital Title Agency Inc
Warranty Deed -- First American Title
Cash Sale Deed $255,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $272,829 Credit Line Revolving
Previous Owner $3,000,000 Credit Line Revolving
Previous Owner $2,610,000 Purchase Money Mortgage
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: 4840352

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-06-058