NOT LISTED FOR SALE

Estimated Value: $5,583,325 - $5,664,000

4 Beds
4.5 Baths
7,673 Sq Ft
$732/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $2,675,000 $349 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $31,126/month

591 Days on Market

Highlights

  • On Golf Course
  • Gated with Attendant
  • Mountain View
  • Black Mountain Elementary School Rated A-
  • Heated Pool
  • Contemporary Architecture

About This Home

As of August 2020

Looking for every view in Desert Mountain, here is the home. Offering an open great room floor plan with a large outdoor patio area, the views are endless from every room in the home. From the great room one can see the 9th and 15th holes of the Chiricahaua Golf Course, the McDowell Mountains, Pinnacle Peak, the western mountain range for terrific Arizona Sunsets as well as Continental Peak. Offering four en-suites, four and half baths, steam shower, plus his and her studies with built in book shelves as well as a ''bonus'' room and large outdoor patio space. This home truly captures what today's buyer is looking for in views, style and functionality. Equity Golf Membership available by separate bill of sale. Truly a must see!

Last Agent to Sell the Property

Kirk Marshall

Russ Lyon Sotheby's International Realty License #SA530964000 Listed on: 11/01/2018

Russ Lyon Sotheby's International Realty

Co-Listed By

Keith Marshall

Russ Lyon Sotheby's International Realty License #SA507375000

Last Buyer's Agent

Kirk Marshall

Russ Lyon Sotheby's International Realty License #SA530964000 Listed on: 11/01/2018

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,500

Year Built

  • Built in 2015

Lot Details

  • 1.03 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Partially Fenced Property
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Designed by Greg Brown Architects
  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 7,673 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Bathtub With Separate Shower Stall

Pool

  • Heated Pool
  • Pool Pump
  • Heated Spa

Outdoor Features

  • Patio
  • Fire Pit
  • Built-In Barbecue

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number 219-47-739

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Capital Consultants Association, Phone Number (480) 635-5600
  • Built by Cooke Development
  • Desert Mountain Subdivision

Recreation

  • Golf Course Community
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,500

Year Built

Built in 2015

Lot Details

0

HOA Fees

$365 per month

Parking

3

Listing Details

  • Cross Street: Pima and Cave Creek
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Greg Brown
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 364.66
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2015
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: Pima north to Cave Creek, go east for 1 mile and Desert Mountain will be on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.03
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: DESERT MOUNTAIN
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 2187.96
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Vaulted Ceiling(s), Kitchen Island, Pantry, Bidet, Separate Shwr & Tub
  • Living Area: 7673.0
  • Stories: 2
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block, Partial
  • Exterior Features: Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course, Cul-De-Sac
  • Pool Features: Variable Speed Pump, Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Stone, Block
  • Patio And Porch Features: Patio
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Tandem Garage, Garage Door Opener, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Gated, Guarded Entry, Biking/Walking Path
  • Association Fee: 2187.96
  • 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 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:HOA Management Company: Capital Consultants
  • 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: 44801.0
  • Parcel #: 219-47-739

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Cooke Development

Tax Info

  • Tax Annual Amount: 13500.0
  • Tax Book Number: 219.00
  • Tax Lot: 143
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Aug 21, 2020
Sold by
Ppv Llc
Bought by
Pennington Carl R and Pennington Jill M
Seller's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
List Price
$3,595,000
Sold Price
$2,675,000
Premium/Discount to List
-$920,000
-25.59%
Current Estimated Value
$5,617,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,942,108
Avg. Annual Appreciation
15.53%
Original Mortgage
$1,200,000
Outstanding Balance
$1,064,484
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$4,552,624

Purchase Details

Listed on
Nov 1, 2018
Closed on
Aug 13, 2020
Sold by
Ppv Llc
Bought by
Pennington Carl R and Pennington Jill M
Seller's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
List Price
$3,595,000
Sold Price
$2,675,000
Premium/Discount to List
-$920,000
-25.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,064,484
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$4,552,624

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jun 30, 2020
Sold by
Kersken Bernd Uwe and Kersken Iris Helga
Bought by
Pennington Carl R and Pennington Jill M
Seller's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
Buyer's Agent
Kirk Marshall
Russ Lyon Sotheby's International Realty
List Price
$3,595,000
Sold Price
$2,675,000
Premium/Discount to List
-$920,000
-25.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,064,484
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$4,552,624

Purchase Details

Closed on
Apr 13, 2011
Sold by
National Bank Of Arizona
Bought by
Kersken Uwe and Kersken Iris

Purchase Details

Closed on
Dec 4, 2009
Sold by
Pap/Preferred Arizona Properties Llc
Bought by
National Bank Of Arizona

Purchase Details

Closed on
Apr 3, 2003
Sold by
Desert Mountain Properties Lp
Bought by
Pap/Preferred Arizona Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,125
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2002
Sold by
National Bank Of Arizona
Bought by
Desert Mountain Properties Ltd Prtnrshp and Desert Mountain Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,714
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2002
Sold by
Mcguire Robert R and Mcguire Patricia A
Bought by
National Bank Of Arizona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,714
Interest Rate
6.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Pennington Carl R -- First Arizona Title
Pennington Carl R -- First Arizona Title Agency
Pennington Carl R $2,675,000 First Arizona Title
Kersken Uwe $325,000 Magnus Title Agency
National Bank Of Arizona $541,200 None Available
Pap/Preferred Arizona Properties Llc $937,500 First American Title Ins Co
Desert Mountain Properties Ltd Prtnrshp $858,118 First American Title Ins Co
National Bank Of Arizona -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennington Carl R $1,200,000
Closed Pennington Carl R $1,200,000
Previous Owner Pap/Preferred Arizona Properties Llc $703,125
Previous Owner Desert Mountain Properties Ltd Prtnrshp $855,714
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $2,675,000 -6.1% $349 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
05/21/2020 05/21/20 Price Changed $2,850,000 -5.0% $371 / Sq Ft
03/03/2020 03/03/20 Price Changed $2,999,000 -9.1% $391 / Sq Ft
11/25/2019 11/25/19 Price Changed $3,300,000 -8.2% $430 / Sq Ft
09/01/2019 09/01/19 For Sale $3,595,000 0.0% $469 / Sq Ft
09/01/2019 09/01/19 Price Changed $3,595,000 +34.4% $469 / Sq Ft
08/01/2019 08/01/19 Off Market $2,675,000 -- --
05/31/2019 05/31/19 Price Changed $3,895,000 -0.1% $508 / Sq Ft
11/01/2018 11/01/18 For Sale $3,900,000 -- $508 / 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 $10,352 $257,142 -- --
2024 $12,582 $244,897 -- --
2023 $12,582 $317,350 $63,470 $253,880
2022 $12,177 $254,320 $50,860 $203,460
2021 $13,181 $247,000 $49,400 $197,600
2020 $13,917 $235,530 $47,100 $188,430
2019 $13,500 $251,230 $50,240 $200,990
2018 $13,129 $235,180 $47,030 $188,150
2017 $12,644 $237,450 $47,490 $189,960
2016 $12,588 $218,100 $43,620 $174,480
2015 $1,536 $36,080 $36,080 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5847345

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-739