NOT LISTED FOR SALE

9940 E Desert Cove Ave Scottsdale, AZ 85260

Shea Corridor Neighborhood

Estimated Value: $2,711,000 - $3,256,910

8 Beds
7 Baths
5,002 Sq Ft
$581/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $1,925,000 $385 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $16,786/month

20 Days on Market

Highlights

  • Guest House
  • Heated Pool
  • Mountain View
  • Laguna Elementary School Rated A
  • 1.06 Acre Lot
  • Vaulted Ceiling

About This Home

As of January 2021

One of a kind, Turnkey, fully furnished investment. 9940 E Desert Cove Ave, Scottsdale, AZ 85260 is a single family home built in 1991 and completely remodeled in 2020. A rare find, this elegant estate in popular Cactus Acres sits on 1.06 acres of lushly landscaped grounds with diving pool, spa, firepit, citrus trees and sprawling lawn. Other Outdoor activities include grass volleyball, bags, ladder ball and life-size Jenga.Greet guests in the circular driveway surrounded by mature trees, grass, relaxing koi pond & an antique school bell sure to spark conversation. MAIN LEVEL consists of 5 bdrms, 5 bths, & huge game room with poker, ping pong, pool and a Pac-Man + 60 other arcade games! BASEMENT suite is complete with an oversized jacuzzi tub & steam shower. Separate 1000 sf guesthouse w/ large entertainment area, bathroom, and bedroom is accessible from backyard and motor court. This well maintained property is located 1/4 mile from highway 101, 5 minutes from the Waste Management Open & Barret Jackson Car Show/Auction, 10 minutes from Oldtown Scottsdale and 10 minutes from Top Golf/Talking Stick Casino. 15 minutes from PHX airport, . The home is centrally located from Scottsdale's most popular shopping and restaurants & several other activities. The associated airbnb listing is compliant with all applicable State of Arizona laws, guidelines and regulations. TPT License 21327783

Last Agent to Sell the Property

Ryan Gehris

Usrealty Estate Brokerage LLC License #BR583297000 Listed on: 09/22/2020

Last Buyer's Agent

Graciela Sawyer

HomeSmart License #SA691951000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,923

Year Built

  • Built in 1991

Lot Details

  • 1.06 Acre Lot
  • Block Wall Fence
  • Private Yard
  • Grass Covered Lot

Parking

  • 7 Open Parking Spaces
  • 4 Car Garage
  • Circular Driveway

Home Design

  • Wood Frame Construction
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,002 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Double Pane Windows
  • Mountain Views
  • Laundry in unit
  • Finished Basement

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 7 Bathrooms

Pool

  • Heated Pool
  • Diving Board
  • Heated Spa

Schools

  • Laguna Elementary School
  • Mountainside Middle School
  • Desert Mountain High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Guest House

Community Details

  • No Home Owners Association
  • Cactus Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 217-26-450-E

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,923

Year Built

Built in 1991

Lot Details

0

Parking

4

Listing Details

  • Cross Street: SHEA & 96TH ST
  • Legal Info Range: 5E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Basement: Y
  • Parking Spaces Slab Parking Spaces: 7.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1991
  • Spa Private: Yes
  • Tax Year: 2020
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 1.06
  • Subdivision Name: Cactus Acres
  • Property Attached Yn: No
  • Tax Parcel Letter: E
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement: Finished
  • Flooring: Carpet, Tile, Wood
  • Spa Features: Heated, Private
  • Possible Bedrooms: 8
  • Total Bedrooms: 8
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 5002.0
  • Stories: 1
  • Window Features: Skylight(s), Double Pane Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Basement Description:Finished2: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Covered Patio(s), Private Yard
  • Lot Features: Grass Front, Grass Back
  • Pool Features: Diving Pool, Heated, Private
  • View: Mountain(s)
  • Disclosures: None
  • Construction Type: Stucco, Block, Frame - Wood
  • Other Structures: Guest House
  • Roof: Other, See Remarks
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Garage Spaces: 4.0
  • Open Parking Spaces: 7.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Laguna Elementary School
  • High School: Desert Mountain High School
  • Middle Or Junior School: Mountainside Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 46217.0
  • Parcel #: 217-26-450-E
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 8923.0
  • Tax Book Number: 217.00
  • Tax Lot: 0
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
Sawyer Graciela and Sawyer Kenneth A
Bought by
Sawyer Kenneth A and Sawyer Graciela
Total Days on Market
20
Current Estimated Value
$2,906,228

Purchase Details

Listed on
Jan 16, 2019
Closed on
Nov 5, 2019
Sold by
Reed S Andrew and S Andrew Reed Living Trust
Bought by
Luxe Vacation Rentals Llc
Seller's Agent
Aimee Nairn
Compass
Buyer's Agent
Aaron Benson
Realty ONE Group
List Price
$1,285,000
Sold Price
$1,100,000
Premium/Discount to List
-$185,000
-14.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.06%
Original Mortgage
$1,100,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2006
Sold by
Reed Scott Andrew
Bought by
Reed S Andrew and S Andrew Reed Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 22, 2001
Sold by
Ashworth Robert Kent
Bought by
Reed Scott Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.62%
Mortgage Type
New Conventional
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
Sawyer Kenneth A -- --
Luxe Vacation Rentals Llc $1,100,000 Premier Title Agency
Reed S Andrew -- None Available
Reed Scott Andrew $850,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sawyer Kenneth A $1,443,750
Previous Owner Luxe Vacation Rentals Llc $1,100,000
Previous Owner Reed S Andrew $717,150
Previous Owner Reed S Andrew $727,000
Previous Owner Reed Scott Andrew $720,000
Previous Owner Reed Scott Andrew $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $1,925,000 -23.0% $385 / Sq Ft
12/21/2020 12/21/20 Price Changed $2,500,000 0.0% $500 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $2,500,000 +127.3% $500 / Sq Ft
11/08/2019 11/08/19 Sold $1,100,000 -14.4% $204 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $1,285,000 -- $238 / 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 $5,667 $92,628 -- --
2024 $7,965 $88,217 -- --
2023 $7,965 $153,470 $30,690 $122,780
2022 $7,526 $117,670 $23,530 $94,140
2021 $8,634 $105,360 $21,070 $84,290
2020 $8,923 $104,880 $20,970 $83,910
2019 $8,010 $102,930 $20,580 $82,350
2018 $7,738 $97,630 $19,520 $78,110
2017 $7,385 $96,280 $19,250 $77,030
2016 $7,230 $91,530 $18,300 $73,230
2015 $6,853 $90,930 $18,180 $72,750
Source: Public Records

Agents Affiliated with this Home

  • Ryan Gehris

    Seller's Agent in 2021

    Ryan Gehris

    Usrealty Estate Brokerage LLC

    (866) 807-9087

    1 in this area

    2,311 Total Sales

    Ryan Gehris
    Section Image
  • Graciela Sawyer

    Buyer's Agent in 2021

    Graciela Sawyer

    HomeSmart

    (480) 792-9500

    4 in this area

    26 Total Sales

    Graciela Sawyer
    Section Image
  • Aimee Nairn

    Seller's Agent in 2019

    Aimee Nairn

    Compass

    (602) 550-9985

    2 in this area

    63 Total Sales

    Aimee Nairn
    Section Image
  • Aaron Benson

    Buyer's Agent in 2019

    Aaron Benson

    Realty One Group

    (602) 692-6027

    1 in this area

    84 Total Sales

    Aaron Benson
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6135676

Arizona Regional Multiple Listing Service (ARMLS)

APN: 217-26-450E

Arizona Maricopa County Scottsdale 85260 Shea Corridor

9940 E Desert Cove Ave, Scottsdale, AZ

This home is located at 9940 E Desert Cove Ave, Scottsdale, AZ 85260 since 22 September 2020 and is currently estimated at $2,906,228, approximately $581 per square foot. This property was built in 1991. 9940 E Desert Cove Ave is a home located in Maricopa County with nearby schools including Laguna Elementary School, Mountainside Middle School, and Desert Mountain High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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