9940 E Desert Cove Ave Scottsdale, AZ 85260
Shea Corridor Neighborhood
8
Beds
7
Baths
5,002
Sq Ft
1.06
Acres
Highlights
- Guest House
- Heated Spa
- Mountain View
- Laguna Elementary School Rated A
- 1.06 Acre Lot
- Vaulted Ceiling
About This Home
As of January 2021One 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
Usrealty Estate Brokerage LLC License #BR583297000 Listed on: 09/22/2020
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
- Finished Basement
Kitchen
- Built-In Microwave
- Kitchen Island
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Primary Bathroom is a Full Bathroom
- 7 Bathrooms
Pool
- Heated Spa
- Heated Pool
- Diving Board
Schools
- Laguna Elementary School
- Mountainside Middle School
- Desert Mountain High School
Utilities
- Central Air
- Heating Available
- High Speed Internet
- Cable TV Available
Additional Features
- Covered patio or porch
- Guest House
Community Details
- No Home Owners Association
- Association fees include no fees
- Cactus Acres Subdivision
Listing and Financial Details
- Assessor Parcel Number 217-26-450-E
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
Current Estimated Value
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
18.41%
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
Similar Homes in Scottsdale, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $1,100,000 | Premier Title Agency | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $850,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,443,750 | New Conventional | |
| Previous Owner | $1,100,000 | Commercial | |
| Previous Owner | $717,150 | New Conventional | |
| Previous Owner | $727,000 | New Conventional | |
| Previous Owner | $720,000 | Unknown | |
| Previous Owner | $650,000 | New Conventional |
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
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
-
Seller's Agent in 2021
Ryan Gehris
Usrealty Estate Brokerage LLC
(866) 807-9087
1 in this area
2,201 Total Sales
-
Buyer's Agent in 2021
Graciela Sawyer
HomeSmart
(480) 792-9500
4 in this area
26 Total Sales
-
Seller's Agent in 2019
Aimee Nairn
Compass
(602) 550-9985
2 in this area
64 Total Sales
-
Buyer's Agent in 2019
Aaron Benson
Realty One Group
(602) 692-6027
1 in this area
82 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6135676
APN: 217-26-450E
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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