$771,500
SOLD MAY 26, 2021

4801 N 72nd Way Unit VIIA Scottsdale, AZ 85251

Indian Bend Neighborhood
3 Beds
2.5 Baths
2,024 Sq Ft
$350/mo HOA Fee

Recently Sold

$381 Per Sq Ft

3% Above List Price

12 Days on Market

Highlights

  • Contemporary Architecture
  • End Unit
  • Private Yard
  • Kiva Elementary School Rated A
  • Corner Lot
  • Heated Community Pool

About This Home

As of November 2023

OPPORTUNITY KNOCKS! End unit at Royal Gardens, walking distance to Scottsdale's finest shopping and dining.

This unit is ready for your remodel. Historic mid-mod architecture with options galore. Formerly an AirBNB with $65k+ annual revenue prior to 2019. Condo interior currently demolished with HOA approved plans supplied to buyer at no additional cost.

Design includes enclosing part of patio for an added 200 SF of interior space and new 2nd floor balcony. Sale price also includes all new windows and doors, Low E, Clear Glass, with dark anodized frames. Enjoy a large side yard with designed spool and summer kitchen. Gas utility to install new meter and SRP to install new 400 amp service.

Appliances and Plumbing fixtures available for immediate purchase through separate contract

Last Agent to Sell the Property

Suzanne Connor

Russ Lyon Sotheby's International Realty Listed on: 03/31/2021

Last Buyer's Agent

Lisa Pfaff

HomeSmart License #SA676190000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,058

Year Built

  • Built in 1963

Lot Details

  • End Unit
  • 1 Common Wall
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Designed by Malouf Architects
  • Contemporary Architecture
  • Fixer Upper
  • Wood Frame Construction
  • Concrete Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,024 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Eat-In Kitchen
  • Washer and Dryer Hookup

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

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block A / 7
  • Assessor Parcel Number 173-32-100

Community Details

Overview

  • Association fees include insurance, sewer, ground maintenance, trash, water
  • Southwest Comm Mgmt Association, Phone Number (480) 657-9142
  • Built by Malouf
  • Royale Gardens Subdivision

Recreation

  • Heated Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,058

Year Built

Built in 1963

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • Cross Street: Camelback and Scottsdale Roads
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • Architect Architect: Malouf
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 350.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1963
  • Tax Year: 2020
  • Directions: North on Scottsdale Road to Rancho Vista Drive. East to 72nd Way, South. Unit is the VERY end unit in the most exclusive and beautiful location in Royale Gardens
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: ROYALE GARDENS
  • Architectural Style: Other, Contemporary
  • New Construction: No
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 350.0
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Upstairs, Eat-in Kitchen, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2024.0
  • Stories: 2
  • Community Features:Community Pool: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Other, Balcony, Private Street(s), Private Yard, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Cul-De-Sac
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Fixer
  • Roof: Concrete, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Private Street(s): Yes
  • Exterior Features:Other6: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Rear Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Community Pool Htd, Community Pool
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association Name: Royale Gardens 1 HOA
  • Phone: 480-657-9142
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 350.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Royale Gardens 1 HOA
  • Association Fees:HOA Telephone4: (480) 657-9142
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1400.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Southwest Comm Mgmt
  • Association Fees:HOA Management Phone: (480) 657-9142
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Insurance, Sewer, Maintenance Grounds, Trash, Water

Schools

  • Elementary School: Kiva Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1520.0
  • Parcel #: 173-32-100

Building Info

  • Builder Name: Malouf

Tax Info

  • Tax Annual Amount: 3058.0
  • Tax Block: 7
  • Tax Book Number: 173.00
  • Tax Lot: A
  • Tax Map Number: 32.00

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
$1,265,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$684,500
Avg. Annual Appreciation
-15.98%

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
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

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 $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

  • Cameron Martz

    Seller's Agent in 2023

    Cameron Martz

    Compass

    (480) 212-6689

    2 in this area

    28 Total Sales

    Cameron Martz
    Section Image
  • Jolene Hill

    Buyer's Agent in 2023

    Jolene Hill

    Realty One Group

    (480) 652-4398

    2 in this area

    54 Total Sales

    Jolene Hill
    Section Image
  • Geoffrey Adams

    Buyer Co-Listing Agent in 2023

    Geoffrey Adams

    Realty One Group

    (480) 405-1705

    7 in this area

    406 Total Sales

    Geoffrey Adams
    Section Image

  • S

    Seller's Agent in 2021

    Suzanne Connor

    Russ Lyon Sotheby's International Realty

    Section Image
  • Lisa Pfaff

    Buyer's Agent in 2021

    Lisa Pfaff

    HomeSmart

    (480) 266-9492

    3 in this area

    15 Total Sales

    Lisa Pfaff
    Section Image
  • Ben Brosseau

    Seller's Agent in 2019

    Ben Brosseau

    HomeSmart

    (310) 429-6971

    4 Total Sales

    Ben Brosseau
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6214790

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-32-100

Arizona Maricopa County Scottsdale 85251 Indian Bend

4801 N 72nd Way Unit VIIA, Scottsdale, AZ

This home is located at 4801 N 72nd Way Unit VIIA, Scottsdale, AZ 85251 and is currently priced at $771,500, approximately $381 per square foot. This property was built in 1963. 4801 N 72nd Way Unit VIIA is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro 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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