NOT LISTED FOR SALE

Estimated Value: $6,582,000 - $7,041,000

4 Beds
5.5 Baths
7,102 Sq Ft
$967/Sq Ft Est. Value

Last Sold August 19, 2020

Last sale price $5,025,000 $708 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $37,956/month

85 Days on Market

Highlights

  • Golf Course Community
  • Equestrian Center
  • Gated with Attendant
  • Black Mountain Elementary School Rated A-
  • Fitness Center
  • Heated Pool

About This Home

As of August 2020

Extraordinary contemporary masterpiece located in the village of Saguaro Forest. This 2018 Lee Hutchison designed home built by Dick Lloyd is situated on over two acres with panoramic views in every direction. The estate property was designed with a modern flow that offers open free-flowing single level living between inside and out. With the touch of a button your walls of glass open onto an expansive veranda accessing the sparkling pool and outdoor living areas. The state of art chefs kitchen is easy flowing and offers a central gathering point open to all of the living areas. Not to be missed is the opulent owners retreat with spa bath and steam shower. Built-in dual closets offer easy storage and washer dryer combo. For car enthusiasts there is even a 5 car garage! Game room and workout areas are located on the lower level with both stair and elevator access.

Last Agent to Sell the Property

Nancy Sertich

Russ Lyon Sotheby's International Realty License #BR008725000 Listed on: 03/11/2020

Russ Lyon Sotheby's International Realty

Co-Listed By

Tim Floor

Russ Lyon Sotheby's International Realty License #SA532259000

Last Buyer's Agent

Keith Marshall

Russ Lyon Sotheby's International Realty License #SA507375000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,989

Year Built

  • Built in 2018

Lot Details

  • 2.25 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $365 Monthly HOA Fees

Parking

  • 5 Car Direct Access Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Home Design

  • Designed by Lee Hutchinson Architects
  • Contemporary Architecture
  • Wood Frame Construction
  • Cellulose Insulation
  • Tile Roof
  • Reflective Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,102 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Solar Screens
  • Living Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home

Pool

  • Heated Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Built-In Barbecue

Schools

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

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 219-47-616

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Capital Consultants Association, Phone Number (480) 921-7500
  • Built by Dick Lloyd Custom Homes
  • Desert Mountain Subdivision

Recreation

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

Additional Features

  • Recreation Room
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,989

Year Built

Built in 2018

Lot Details

0

HOA Fees

$365 per month

Parking

5

Listing Details

  • Cross Street: Cave Creek & Pima Rd.
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Lee Hutchinson
  • 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: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2018
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: East to Desert Mountain entrance on north side. Guard will direct you to property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 2.25
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: DESERT MOUNTAIN
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 2187.96
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, 3+ Fireplace, Exterior Fireplace, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Elevator, Soft Water Loop, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 7102.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Solar Screens, Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: 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
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Horse Facility: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Blown Cellulose, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Reflective Coating, Tile, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Construction:Blown Cellulose: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Over Height Garage, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Guarded Entry, Horse Facility, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
  • Association Fee: 2187.96
  • Association Fee Frequency: Semi-Annually
  • Association Name: Desert Mountain HOA
  • Phone: 480-921-7500
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Desert Mountain HOA
  • Association Fees:HOA Telephone4: 480-921-7500
  • 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:HOA Management Phone: 480-921-7500
  • 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: 97815.0
  • Parcel #: 219-47-616

Green Features

  • Green Water Conservation: Low-Flow Fixtures, Tankless Ht Wtr Heat, Recirculation Pump

Building Info

  • Builder Name: Dick Lloyd Custom Homes

Tax Info

  • Tax Annual Amount: 13989.0
  • Tax Book Number: 219.00
  • Tax Lot: 47
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Aug 10, 2020
Sold by
Gfi Llc
Bought by
Bala Andrew J and Andrew J Bala Jr Trust
Seller's Agent
Nancy Sertich
Russ Lyon Sotheby's International Realty
Buyer's Agent
Keith Marshall
Russ Lyon Sotheby's International Realty
List Price
$5,400,000
Sold Price
$5,025,000
Premium/Discount to List
-$375,000
-6.94%
Current Estimated Value
$6,865,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,840,806
Avg. Annual Appreciation
6.25%
Original Mortgage
$3,015,000
Outstanding Balance
$2,642,282
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$4,223,524

Purchase Details

Listed on
Jan 4, 2019
Closed on
May 7, 2019
Sold by
Saguaro Forest Lot 47 Llc
Bought by
Gfi Llc
Seller's Agent
Daniel Wolski
Russ Lyon Sotheby's International Realty
Buyer's Agent
Nancy Sertich
Russ Lyon Sotheby's International Realty
List Price
$4,999,900
Sold Price
$4,500,000
Premium/Discount to List
-$499,900
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Aug 17, 2015
Sold by
Denton William J and Denton Gayle E
Bought by
Saguaro Forest Lot 47 Llc

Purchase Details

Closed on
Jun 23, 1999
Sold by
Desert Mountain Properties Ltd Prtnrshp
Bought by
Denton William J and Denton Gayle E
Source: Public Records

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
Bala Andrew J $5,025,000 First Arizona Title Agency
Gfi Llc $4,500,000 First American Title Ins Co
Saguaro Forest Lot 47 Llc $595,000 First American Title Ins Co
Denton William J $772,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bala Andrew J $3,015,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2020 08/19/20 Sold $5,025,000 -6.9% $708 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $5,400,000 +20.0% $760 / Sq Ft
05/13/2019 05/13/19 Sold $4,500,000 -10.0% $658 / Sq Ft View Prior Sale
01/04/2019 01/04/19 For Sale $4,999,900 -- $731 / 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 $14,281 $283,054 -- --
2024 $13,910 $269,575 -- --
2023 $13,910 $413,150 $82,630 $330,520
2022 $13,464 $355,610 $71,120 $284,490
2021 $14,569 $342,120 $68,420 $273,700
2020 $15,919 $314,630 $62,920 $251,710
2019 $13,989 $293,360 $58,670 $234,690
2018 $3,861 $90,870 $90,870 $0
2017 $3,719 $90,780 $90,780 $0
2016 $3,703 $83,355 $83,355 $0
2015 $3,735 $71,952 $71,952 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6048850

Arizona Regional Multiple Listing Service (ARMLS)

APN: 219-47-616