4801 N 72nd Way Unit VIIA Scottsdale, AZ 85251
Indian Bend Neighborhood
3
Beds
2.5
Baths
2,205
Sq Ft
$285/mo
HOA Fee
Highlights
- Contemporary Architecture
- Wood Flooring
- Corner Lot
- Kiva Elementary School Rated A
- End Unit
- Private Yard
About This Home
As of November 2023Historic mid-mod original with options galore. As is, this AirBNB Superhost nets $65k+ annually. Activate additional vacation rental platforms + social media to increase bottom line. Renovate property properly & let global design editorial catch the eye of your next buyer. Make the 1962-built, poolside model unit your own and let art in architecture uniquely come together as a place to call home. 1 of 10 Malouf Enterprises Townhomes, features lot length private yard. (Front 32 homes built later by Dell Trailor.) Royale Gardens 1 offers architectural significance, a rich, well documented past plus lux amenities; private clubhouse, unique oval pool, and private drive. Steps from Fashion Square, Postino, Scottsdale Waterfront & more! If there are any old secrets left in 85251—the high-profile, ever-evolving downtown Scottsdale ZIP code—one of the sweetest is Royale Gardens. About a decade after the city's 1951 incorporation, developer Malouf Enterprises dug into a plot of land northeast of Camelback and Scottsdale roads to test an emerging "condominium" concept. The niche neighborhood that resulted is still quietly standing and stunning today, shielded from traffic, noise and prying eyes while remaining steps from a seriously significant intersection.
One of Royale Gardens' original units, 4801 N. 72nd Way, stands tall and deceptively lean adjacent to a landscaped central drive and a poolhouse with a scalloped flying roof. Behind the front door of the listed property sit a surprisingly broad living room, powder room and loungey, red-lacquered kitchen/bar. Sliding glass doors lead to a patio that could, conceivably, take on a single-lane lap pool without sacrificing party capacity. An open-slat staircase leads to three bedrooms, two full baths, playful interactivity, and an array of recessed storage solutions.
Alternately owner-occupied and Airbnb-beloved, the slim unit provides intimacy where most coveted, as in the ambient-but-discreet window between master bed and bath, and generous hospitality for a dozen or more guests.
Royale Gardens lies north of the cruise-ship-shaped Mercedes-Benz Scottsdale dealership and east of wine/bruschetta bistro Postino. Walkable curiosities include Optima Camelview Village (architectural greenscaping), Scottsdale Fashion Square (upscale shopping and dining) and Soleri Bridge & Plaza (monumental windbells and solstice-celebrating pylons).
Condominiums aren't the curiosity they were in the 1960s, but an original model that rivals contemporary builds in substance and style is something to behold.
4801 N. 72nd Way at Royale Gardens is proudly represented for sale by Ben Brosseau, a Scottsdale-based REALTOR® drawn to residential architecture with interesting backstories
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,408
Year Built
- Built in 1963
Lot Details
- 1,520 Sq Ft Lot
- End Unit
- 1 Common Wall
- Cul-De-Sac
- Private Streets
- Block Wall Fence
- Front and Back Yard Sprinklers
- Private Yard
HOA Fees
- $285 Monthly HOA Fees
Parking
- 2 Car Garage
- Side or Rear Entrance to Parking
- Garage Door Opener
Home Design
- Designed by Malouf Architects
- Contemporary Architecture
- Concrete Roof
- Foam Roof
- Stucco
Interior Spaces
- 2,205 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Living Room with Fireplace
Kitchen
- Eat-In Kitchen
- Built-In Microwave
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Outdoor Features
- Balcony
- Covered patio or porch
- Outdoor Storage
Schools
- Kiva Elementary School
- Mohave Middle School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot A7
- Assessor Parcel Number 173-32-100
Community Details
Overview
- Association fees include insurance, sewer, ground maintenance, (see remarks), street maintenance, trash, water
- Southwest Comm Mgmt Association, Phone Number (480) 657-9142
- Built by Malouf
- Royale Gardens Scottsdale Subdivision
Recreation
- Heated Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2023
Closed on
Nov 9, 2023
Sold by
Cohen Vicki I
Bought by
Jerry L Coleman Revocable Trust and Coleman
Seller's Agent
Cameron Martz
Compass
Buyer's Agent
Jolene Hill
Realty ONE Group
List Price
$1,950,000
Sold Price
$1,950,000
Views
191
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$534,632
Avg. Annual Appreciation
-16.82%
Purchase Details
Listed on
Mar 31, 2021
Closed on
Apr 12, 2021
Sold by
Stavig Arthur W and Stavig Annette Marie
Bought by
Cohen Vicki I
Seller's Agent
Suzanne Connor
Russ Lyon Sotheby's International Realty
Buyer's Agent
Lisa Pfaff
HomeSmart
List Price
$749,000
Sold Price
$771,500
Premium/Discount to List
$22,500
3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.78%
Original Mortgage
$840,000
Interest Rate
3%
Mortgage Type
Small Business Administration
Purchase Details
Listed on
Sep 13, 2018
Closed on
May 23, 2019
Sold by
Garrison D Scott and Scott Garrison D
Bought by
Stavig Arthur W and Stavig Annette Marie
Seller's Agent
Ben Brosseau
HomeSmart
Buyer's Agent
Mehran Parsai
Realty ONE Group
List Price
$800,000
Sold Price
$650,000
Premium/Discount to List
-$150,000
-18.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Purchase Details
Closed on
Dec 29, 2004
Sold by
Stein Michael D
Bought by
Garrison D Scott
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,655
Interest Rate
6.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 25, 2003
Sold by
Willoughby Carroll V and Willoughby Jo E
Bought by
Stein Michael D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.87%
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 | $1,950,000 | Wfg National Title Insurance C | |
| Warranty Deed | $771,500 | First American Title Ins Co | |
| Warranty Deed | $650,000 | Empire West Title Agency Llc | |
| Warranty Deed | $272,950 | Fidelity National Title | |
| Warranty Deed | $220,000 | Westland Title Agency Of Az |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $840,000 | Small Business Administration | |
| Previous Owner | $153,000 | New Conventional | |
| Previous Owner | $12,000 | Unknown | |
| Previous Owner | $401,250 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $245,655 | New Conventional | |
| Previous Owner | $176,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/09/2023 11/09/23 | Sold | $1,950,000 | 0.0% | $883 / Sq Ft |
| 09/26/2023 09/26/23 | Pending | -- | -- | -- |
| 03/23/2023 03/23/23 | For Sale | $1,950,000 | +152.8% | $883 / Sq Ft |
| 05/26/2021 05/26/21 | Sold | $771,500 | +3.0% | $381 / Sq Ft |
| 03/31/2021 03/31/21 | For Sale | $749,000 | +15.2% | $370 / Sq Ft |
| 06/06/2019 06/06/19 | Sold | $650,000 | -10.3% | $295 / Sq Ft |
| 03/28/2019 03/28/19 | Pending | -- | -- | -- |
| 12/02/2018 12/02/18 | Price Changed | $725,000 | -6.3% | $329 / Sq Ft |
| 10/31/2018 10/31/18 | Price Changed | $774,000 | -0.6% | $351 / Sq Ft |
| 10/26/2018 10/26/18 | Price Changed | $779,000 | -1.4% | $353 / Sq Ft |
| 10/03/2018 10/03/18 | Price Changed | $790,000 | -0.6% | $358 / Sq Ft |
| 09/22/2018 09/22/18 | Price Changed | $795,000 | -0.6% | $361 / Sq Ft |
| 09/13/2018 09/13/18 | For Sale | $800,000 | -- | $363 / 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 | $2,297 | $40,262 | -- | -- |
| 2024 | $2,693 | $38,344 | -- | -- |
| 2023 | $2,693 | $64,470 | $12,890 | $51,580 |
| 2022 | $2,555 | $55,000 | $11,000 | $44,000 |
| 2021 | $2,714 | $50,400 | $10,080 | $40,320 |
| 2020 | $3,058 | $41,250 | $8,250 | $33,000 |
| 2019 | $2,229 | $35,870 | $7,170 | $28,700 |
| 2018 | $2,514 | $30,810 | $6,160 | $24,650 |
| 2017 | $2,408 | $30,430 | $6,080 | $24,350 |
| 2016 | $2,361 | $33,670 | $6,730 | $26,940 |
| 2015 | $2,247 | $33,300 | $6,660 | $26,640 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Cameron Martz
Compass
(480) 212-6689
3 in this area
29 Total Sales
-
Buyer's Agent in 2023
Jolene Hill
Realty One Group
(480) 652-4398
3 in this area
57 Total Sales
-
Buyer Co-Listing Agent in 2023
Geoffrey Adams
Realty One Group
(480) 405-1705
8 in this area
432 Total Sales
-
S
Seller's Agent in 2021
Suzanne Connor
Russ Lyon Sotheby's International Realty
-
Buyer's Agent in 2021
Lisa Pfaff
HomeSmart
(480) 266-9492
3 in this area
14 Total Sales
-
Seller's Agent in 2019
Ben Brosseau
HomeSmart
(310) 429-6971
4 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5820016
APN: 173-32-100
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
Nearby Homes
- 4747 N Scottsdale Rd Unit C4009
- 4747 N Scottsdale Rd Unit C4003
- 4745 N Scottsdale Rd Unit D3013
- 4830 N 72nd Way Unit VA
- 4836 N 72nd Way Unit 5D
- 4843 N 72nd Way Unit 12D
- 4739 N Scottsdale Rd Unit H1001
- 4739 N Scottsdale Rd Unit 2002
- 4803 N Woodmere Fairway -- Unit 1002
- 4803 N Woodmere Fairway -- Unit 2006
- 7157 E Rancho Vista Dr Unit 5004
- 7157 E Rancho Vista Dr Unit 2005
- 7157 E Rancho Vista Dr Unit 3009
- 7157 E Rancho Vista Dr Unit 4001
- 7157 E Rancho Vista Dr Unit 3001
- 7157 E Rancho Vista Dr Unit 5003
- 7157 E Rancho Vista Dr Unit 6011
- 4924 N 73rd St Unit 11
- 4925 N 73rd St Unit 4
- 4805 N Woodmere Fairway Unit 1002