$6,864,835

SOLD SEP 10, 2024

9762 E Covey Trail Scottsdale, AZ 85262

Desert Mountain Neighborhood

5 Beds

5.5 Baths

7,805 Sq Ft

9.96 Acres

$880 Per Sq Ft

8% Below List Price

130 Days on Market

Highlights

Concierge
Guest House
Fitness Center
Black Mountain Elementary School Rated A-
Golf Course Community
Heated Spa

About This Home

As of September 2024

Scenic elevated ~10 acre Santa Barbara estate with breathtaking views of the Valley of the Sun, fabulous Sunsets and City Light Views can be yours forever. This home features 2 separate Guest Houses, 4 car garage, Great Room, Media Room, 2 offices, wet bar, wine room, and 5 En-suite Bedrooms all on 1 level + Exercise Room on Lower level. Lushly landscaped patios and grand-view pool deck are graced by 3 sparkling water features and Juliet balcony. Main home 3 En-suite Bedrooms open to interior courtyard w/water feature. Every possibility for seamless, indoor/outdoor living has been thoughtfully designed into this High Sonoran Retreat. Golf Membership available to transfer from Seller and furnishings excluding art are available under separate Bill of Sale.

Last Agent to Sell the Property

Kathy Reed

Russ Lyon Sotheby's International Realty License #SA555323000 Listed on: 03/24/2024

Co-Listed By

Stacey Vandivert

Russ Lyon Sotheby's International Realty License #SA688640000

Last Buyer's Agent

Paul Perry

Russ Lyon Sotheby's International Realty License #SA511564000

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,429

Year Built

Built in 2007

Lot Details

9.96 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
Sprinklers on Timer
Private Yard

HOA Fees

$306 Monthly HOA Fees

Parking

4.5 Car Direct Access Garage
1 Open Parking Space
Garage Door Opener
Parking Permit Required

Property Views

City Lights
Mountain

Home Design

Designed by Rick Daugherty Architects
Santa Barbara Architecture
Roof Updated in 2024
Wood Frame Construction
Tile Roof
Built-Up Roof
Foam Roof
Stone Exterior Construction
Stucco

Interior Spaces

7,805 Sq Ft Home
1-Story Property
Wet Bar
Central Vacuum
Vaulted Ceiling
Ceiling Fan
Gas Fireplace
Double Pane Windows
Low Emissivity Windows
Vinyl Clad Windows
Tinted Windows
Solar Screens
Living Room with Fireplace
3 Fireplaces

Kitchen

Kitchen Updated in 2024
Gas Cooktop
Built-In Microwave
Kitchen Island
Granite Countertops

Flooring

Floors Updated in 2023
Wood
Carpet
Tile

Bedrooms and Bathrooms

5 Bedrooms
Fireplace in Primary Bedroom
Primary Bathroom is a Full Bathroom
5.5 Bathrooms
Dual Vanity Sinks in Primary Bathroom
Bidet
Hydromassage or Jetted Bathtub
Bathtub With Separate Shower Stall

Home Security

Security System Owned
Fire Sprinkler System

Accessible Home Design

No Interior Steps
Stepless Entry

Pool

Heated Spa
Heated Pool
Fence Around Pool

Outdoor Features

Balcony
Covered patio or porch
Outdoor Fireplace
Built-In Barbecue

Additional Homes

Guest House

Schools

Black Mountain Elementary School
Desert Shadows Middle School - Scottsdale
Cactus Shadows High School

Utilities

Refrigerated Cooling System
Zoned Heating
Heating System Uses Natural Gas
High Speed Internet
Cable TV Available

Listing and Financial Details

Tax Lot 272
Assessor Parcel Number 219-56-985

Community Details

Overview

Association fees include ground maintenance, street maintenance
Capital Consultants Association, Phone Number (480) 921-7500
Built by Platinum
Desert Mountain Subdivision, Custom Floorplan

Recreation

Golf Course Community
Tennis Courts
Pickleball Courts
Community Playground
Fitness Center
Heated Community Pool
Community Spa
Bike Trail

Additional Features

Concierge
Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,429

Year Built

Built in 2007

Lot Details

HOA Fees

$306 per month

Parking

Listing Details

Cross Street: Cave Creek and Desert Mountain Parkway
Legal Info Range: 5E
Property Type: Residential
Ownership: Fee Simple
Architect Architect: Rick Daugherty
Association Fees Community Facilities District: N
HOA #2: N
Association Fees Land Lease Fee: N
Recreation Center Fee: N
Total Monthly Fee Equivalent: 306.41
Basement: N
Updated Floors: Partial
Items Updated Floor Yr Updated: 2023
Updated Heating or Cooling Units: Partial
Items Updated Ht Cool Yr Updated: 2020
Updated Kitchen: Partial
Items Updated Kitchen Yr Updated: 2024
Updated Roof: Partial
Items Updated Roof Yr Updated: 2024
Parking Spaces Slab Parking Spaces: 1.0
Parking Spaces Total Covered Spaces: 4.5
Separate Den Office Sep Den Office: Y
Year Built: 2007
Spa Private: Yes
Tax Year: 2023
Directions: North on Pima Rd to Cave Creek Rd, turn right (east) onto Cave Creek Rd 1 mile to Desert Mountain Parkway turn left. As Guard for map to Gamble Quail Preserve lot 272.
Master Model: Custom
Property Sub Type: Single Family - Detached
Horses: No
Lot Size Acres: 9.96
Co List Office Mls Id: lyon09
Co List Office Phone: 480-488-2998
Subdivision Name: Desert Mountain
Architectural Style: Santa Barbara/Tuscan
Efficiency: Multi-Zones
Property Attached Yn: No
ResoBuildingAreaSource: Assessor
Association Fees:HOA Fee2: 1838.46
Special Features: VirtualTour

Interior Features

Flooring: Carpet, Tile, Wood
Basement YN: No
Spa Features: Heated, Private
Accessibility Features: Zero-Grade Entry
Possible Bedrooms: 7
Total Bedrooms: 5
Fireplace Features: 3+ Fireplace, Exterior Fireplace, Living Room, Master Bedroom, Gas
Fireplace: Yes
Interior Amenities: 9+ Flat Ceilings, Central Vacuum, Fire Sprinklers, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
Living Area: 7805.0
Stories: 1
Window Features: Sunscreen(s), Dual Pane, Low-E, Tinted Windows, Vinyl Frame
Community Features:Community Pool: Yes
Community Features:Golf Course: Yes
Kitchen Features:RangeOven Gas: Yes
Kitchen Features:Built-in Microwave: Yes
Kitchen Features:Granite Countertops: Yes
Kitchen Features:Kitchen Island: 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:Pickleball Court(s): Yes
Community Features:Workout Facility: Yes
Kitchen Features Pantry: Yes
Other Rooms:Great Room: Yes
Fireplace:Exterior Fireplace: Yes
Fireplace:Gas Fireplace: Yes
Community Features:On-Site Guard: Yes
Kitchen Features:Wall Oven(s): Yes
Community Features:Children_squote_s Playgrnd: Yes
Kitchen Features:Walk-in Pantry: Yes
Community Features:Community Spa: 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:Library-Blt-in Bkcse: Yes
Other Rooms:Media Room: Yes
Community Features:Concierge: Yes
Other Rooms:ExerciseSauna Room: Yes
KitchenFeatures:Refrigerator: Yes

Exterior Features

Fencing: Block, Wrought Iron
Exterior Features: Balcony, Covered Patio(s), Patio, Private Street(s), Private Yard, Built-in Barbecue
Lot Features: Sprinklers In Rear, Sprinklers In Front, Cul-De-Sac, Natural Desert Back, Auto Timer H2O Front, Natural Desert Front, Auto Timer H2O Back
Pool Features: Fenced, Heated, Private
Pool Private: Yes
View: City Lights, Mountain(s)
Disclosures: Agency Discl Req, Seller Discl Avail
Construction Type: Painted, Stucco, Stone, Frame - Wood
Other Structures: Guest House
Roof: Tile, Built-Up, Foam
Construction:Frame - Wood: Yes
Exterior Features:Covered Patio(s): Yes
Exterior Features:Built-in BBQ: Yes
Exterior Features:Patio: Yes
Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
Exterior Features:Balcony: Yes
Exterior Features:Separate Guest House: Yes
Exterior Features:Private Street(s): Yes

Garage/Parking

Total Covered Spaces: 4.5
Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener, Permit Required
Attached Garage: No
Garage Spaces: 4.5
Open Parking Spaces: 1.0
Parking Features:Dir Entry frm Garage: Yes
Parking Features:Electric Door Opener: Yes
Parking Features:Attch_squote_d Gar Cabinets: Yes
Parking Features:PermitDecal Req_squote_d: Yes

Utilities

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

Condo/Co-op/Association

Community Features: Pickleball Court(s), Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Golf, Concierge, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
Amenities: Club, Membership Opt, Management, Rental OK (See Rmks)
Association Fee: 1838.46
Association Fee Frequency: Semi-Annually
Association Name: Desert Mountain HOA
Phone: 480-635-5600
Association: Yes

Association/Amenities

Association Fees:HOA YN2: Y
Association Fees:HOA DisclosureAddendum Affirmation: Yes
Association Fees:HOA Paid Frequency: Semi-Annually
Association Fees:HOA Name4: Desert Mountain HOA
Association Fees:HOA Telephone4: 480-635-5600
Association Fees:Special Assessment HOA: No
Association Fees:PAD Fee YN2: N
Association Fees:Cap ImprovementImpact Fee: 0.45
Association Fees:Cap ImprovementImpact Fee _percent_: %
Association Fees:Disclosure Fees HOA: 800.0
Association Fee Incl:Common Area Maint3: Yes
Association Fees:HOA Management Company: Capital Consultants
Association Fees:HOA Management Phone: 480-921-7500
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: Desert Shadows Middle School - Scottsdale

Lot Info

Land Lease: No
Lot Size Sq Ft: 433953.0
Parcel #: 219-56-985
ResoLotSizeUnits: SquareFeet

Green Features

Green Water Conservation: Recirculation Pump
GreenEnergy Cert:Energy Star Cert: Yes

Building Info

Builder Name: Platinum

Tax Info

Tax Annual Amount: 16429.0
Tax Book Number: 219.00
Tax Lot: 272
Tax Map Number: 56.00

Ownership History

Aug 2024 - Present Smith Paul J and Smith Mary M 9 Months

Private Individual

Purchase Details

Listed on

Mar 24, 2024

Closed on

Aug 5, 2024

Sold by

Maher M Brian M and Maher Sandra

Bought by

Smith Paul J and Smith Mary M

Seller's Agent

Kathy Reed

Russ Lyon Sotheby's International Realty

Buyer's Agent

Paul Perry

Russ Lyon Sotheby's International Realty

List Price

$7,500,000

Sold Price

$6,864,835

Premium/Discount to List

-$635,165

-8.47%

Total Days on Market

130

Views

Current Estimated Value

$6,907,796

Estimated Appreciation

$42,961

Avg. Annual Appreciation

1.66%

Original Mortgage

$4,805,384

Outstanding Balance

$4,766,069

Interest Rate

5.95%

Mortgage Type

New Conventional

Estimated Equity

$2,180,526

Nov 2007 - Aug 2024 Maher M Brian and Maher Sandra 16 Years and 9 Months

Private Individual

Purchase Details

Closed on

Nov 12, 2007

Sold by

Classic Properties V Llc

Bought by

Maher M Brian and Maher Sandra

Jun 2004 - Nov 2007 Classic Properties V Llc 3 Years and 5 Months

Company

Purchase Details

Closed on

Jun 25, 2004

Sold by

Desert Mountain Properties Lp

Bought by

Classic Properties V Llc

Source: Public Records

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Average Value

Not Available

List Price

Sold Price

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Purchase History

Type	Sale Price	Title Company
Warranty Deed	$6,864,835	First American Title Insurance
Cash Sale Deed	$4,750,000	None Available
Cash Sale Deed	$1,100,000	First American Title Ins Co

Source: Public Records

Mortgage History

Date	Status	Loan Amount	Loan Type
	Open	$4,805,384	New Conventional
	Previous Owner	$2,700,000	Construction

Source: Public Records

Property History

Date	Event	Price	Change	Sq Ft Price
09/10/2024 09/10/24	Sold	$6,864,835	-8.5%	$880 / Sq Ft
08/02/2024 08/02/24	Pending	--	--	--
03/24/2024 03/24/24	For Sale	$7,500,000	--	$961 / Sq Ft

Source: Arizona Regional Multiple Listing Service (ARMLS)

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	$17,177	$311,897	--	--
2024	$16,429	$297,045	--	--
2023	$16,429	$416,910	$83,380	$333,530
2022	$15,827	$289,210	$57,840	$231,370
2021	$17,185	$282,260	$56,450	$225,810
2020	$16,880	$298,120	$59,620	$238,500
2019	$16,374	$240,920	$48,180	$192,740
2018	$15,924	$230,410	$46,080	$184,330
2017	$15,336	$237,170	$47,430	$189,740
2016	$15,269	$224,650	$44,930	$179,720
2015	$14,439	$246,500	$49,300	$197,200

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2024

Kathy Reed

Russ Lyon Sotheby's International Realty

(480) 262-1284

81 in this area

93 Total Sales

Kathy Reed
Seller Co-Listing Agent in 2024

Stacey Vandivert

Russ Lyon Sotheby's International Realty

(480) 760-1001

56 in this area

59 Total Sales

Stacey Vandivert
Buyer's Agent in 2024

Paul Perry

Russ Lyon Sotheby's International Realty

(602) 319-1110

31 in this area

56 Total Sales

Paul Perry
Buyer Co-Listing Agent in 2024

Michelle O'Neill

Russ Lyon Sotheby's International Realty

(480) 776-9958

36 in this area

75 Total Sales

Michelle O'Neill

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6675745

APN: 219-56-985

Arizona Maricopa County Scottsdale 85262 Desert Mountain

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.

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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9762 E Covey Trail Scottsdale, AZ 85262

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Highlights

About This Home

Home Details

Community Details

Home Details

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

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Home Values in the Area

Average Home Value in this Area

Purchase History

Mortgage History

Property History

Tax History Compared to Growth

Tax History

Agents Affiliated with this Home

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