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Sold for $3,075,000
  • $3,075,000

    42053 N 111TH Place, Scottsdale, AZ 85262

    4beds
    5baths
    4,652sqft
    Single Family Residence
    Built in 1994
    0.85 Acres Lot
    $3,204,200 Zestimate®
    $661/sqft
    $7,792 Estimated rent

    Home value

    $3,204,200

    $2.92M - $3.52M

    $7,792/mo

    Zestimate® history
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    What's special

    Outdoor fireplaceSplit floor planExposed beam ceilingsEndless valleySeparate denWet barMultiple back patio spaces
    Desert Mountain golf membership available! Endless valley, sunset, and city light views from this impeccably maintained estate, designed by James Hahn and constructed by Phil Smith. Beautiful flagstone and wood floors give you a seamless transition from indoor to outdoor. Kitchen features luxurious slab granite countertops and high end appliances. Exposed beam ceilings, elegant stone fireplaces, split floor plan, wet bar with city light views, and a separate den/office. Multiple back patio spaces for entertaining, where you can take in sweeping views of the valley and beautiful desert sunsets while enjoying the sparkling negative edge pool, spa, fire-pit, outdoor fireplace and built-in BBQ. Furniture available under separate Bill of Sale.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathy Reed 480-262-1284,

    Russ Lyon Sotheby's International Realty,

    Stacey Vandivert 480-760-1001,

    Russ Lyon Sotheby's International Realty

    Bought with:

    Kathleen Martz-Spidell, SA686422000

    Compass

    Davis M Driver, BR009018000

    RE/MAX Fine Properties

    Source: ARMLS,MLS#: 6615554MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    Heating
    • Natural Gas, Floor Furnace, Wall Furnace
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Gas Cooktop, Water Purifier
    Features
    • High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Carpet, Stone, Wood
    • Windows: Skylight(s), Solar Screens, Mechanical Sun Shds
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Fire Pit, Living Room, Master Bedroom, Gas
    Interior area
    • Total structure area: 4,652
    • Total interior livable area: 4,652 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Door Opener, Direct Access
    • Garage spaces: 3
    Features
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Exterior features: Balcony, Private Street(s), Private Yard, Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Heated
    • Has spa: Yes
    • Spa features: Heated, Private
    • Fencing: Block
    • Has view: Yes
    • View description: City Lights
    Lot
    • Size: 0.85 Acres
    • Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
    Details
    • Parcel number: 21947223C
    • Lease amount: $0

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Territorial/Santa Fe
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame, Painted, Block
    • Roof: Foam
    Condition
    • Year built: 1994
    Details
    • Builder name: Phil Smith

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    Green energy
    • Energy efficient items: Multi-Zones

    Community & HOA

    Community
    • Features: Golf, Pickleball, Gated, Community Spa, Community Spa Htd, Guarded Entry, Horse Facility, Concierge, Tennis Court(s), Playground, Biking/Walking Path, Fitness Center
    • Security: Fire Sprinkler System, Security System Owned, Security Guard
    • Subdivision: Desert Mountain
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Street Maint
    • HOA fee: $2,027 semi-annually
    • HOA name: Desert Mountain
    • HOA phone: 480-595-4000
    Location
    • Region: Scottsdale

    Financial & listing details

    • Price per square foot: $661/sqft
    • Tax assessed value: $1,777,300
    • Annual tax amount: $6,961
    • Date on market: 10/13/2023
    • Cumulative days on market: 39 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/13/2023Sold$3,075,000-5.4%$661/sqft
    Source: ARMLS #6615554 Report a problem
    11/22/2023Pending sale$3,250,000$699/sqft
    Source: ARMLS #6615554 Report a problem
    10/13/2023Listed for sale$3,250,000+119.6%$699/sqft
    Source: ARMLS #6615554 Report a problem
    6/10/2013Sold$1,480,000-17.5%$318/sqft
    Source: ARMLS #4502915 Report a problem
    9/29/2012Price change$1,795,000-5.3%$386/sqft
    Source: Desert Mountain Real Estate #4502915 Report a problem
    9/12/2012Listed for sale$1,895,000+2.4%$407/sqft
    Source: Desert Mountain Real Estate #4502915 Report a problem
    6/18/2004Sold$1,850,000+17.5%$398/sqft
    Source: Public Record Report a problem
    6/4/1997Sold$1,575,000$339/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,159 -2%$177,730 -1.9%
    2024$6,285 -7.3%$181,210 +45.6%
    2023$6,777 -2.6%$124,432 -9.6%
    2022$6,961 -6.2%$137,700 +5.7%
    2021$7,425 +3.1%$130,330 -1.1%
    2020$7,202 +2.8%$131,760 +1.3%
    2019$7,004 $130,080 +9.8%
    2018$7,004 +3.8%$118,450 -4.9%
    2017$6,746 +6.2%$124,570 +6.8%
    2016$6,351 +5.9%$116,620 +19.1%
    2015$5,996 $97,950 +22.1%
    2014-- $80,210 -8.5%
    2013-- $87,670 -4%
    2012-- $91,320 -10%
    2011-- $101,470 -32.2%
    2010-- $149,710 -10.8%
    2009-- $167,800 +5.8%
    2008-- $158,600 +11.8%
    2007-- $141,900 +18.9%
    2006-- $119,300
    2005-- $119,300 -0.3%
    2004-- $119,650
    2003-- $119,650 +16.9%
    2002-- $102,350
    Find assessor info on the county website

    Neighborhood: 85262

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Black Mountain Elementary School
    • Middle: Sonoran Trails Middle School
    • High: Cactus Shadows High School
    • District: Cave Creek Unified District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,204,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,204,200