NOT LISTED FOR SALE

7002 E Caballo Cir Paradise Valley, AZ 85253

Estimated Value: $5,640,000 - $5,664,169

5 Beds
7 Baths
7,379 Sq Ft
$766/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $2,850,000 $386 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $30,228/month

2 Days on Market

Highlights

  • Guest House
  • Tennis Courts
  • Gated Parking
  • Cherokee Elementary School Rated A
  • Heated Spa
  • 1.57 Acre Lot

About This Home

As of November 2020

Welcome to your own desert paradise! This stunning Paradise Valley home offers 5 bedrooms and 6.5 bathrooms on an immaculate 1.5+ acre cul-de-sac lot. The house sits within an intimate 18 home community, with north/south sun exposure and a six car collector's garage. Ideal for entertaining, the entire home is on one level, with the kitchen situated at the heart of the open-concept breakfast nook and family room. You can bring the outdoors inside with the open-air sliding doors in the living room. There is also a custom home office, media room, and two separate bar areas. Retreat into the spacious master bedroom with an alluring fireplace sitting area and double walk-in closets. The master bathroom includes a soaking tub and a massive tile shower for two. The sprawling resort-like... ...backyard is the true showstopper of this home. It features a gorgeous pool with two water features, a heated spa, an expansive outdoor kitchen, and a full-size tennis court. Your guests will enjoy staying in the private one-bedroom backyard casita. From this prime location you will have easy access to not only the 101 freeway but also premiere dining and shopping at the Gainey Village Shopping Center and Health Club & Spa, and the Camelback Country Club. Fashion Square mall is less than 4 miles south on Scottsdale Rd, and you are situated ten minutes away from the gorgeous Camelback Mountain hiking trails.

Last Agent to Sell the Property

Grant Van Dyke

The Griffin License #BR561857000 Listed on: 10/06/2020

Last Buyer's Agent

Alison Zeper

HomeSmart License #SA552897000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,669

Year Built

  • Built in 1996

Lot Details

  • 1.57 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 6 Car Direct Access Garage
  • Garage ceiling height seven feet or more
  • Tandem Garage
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 7,379 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Solar Screens
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 7 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Accessible Hallway
  • No Interior Steps

Pool

  • Heated Spa
  • Heated Pool
  • Pool Pump
  • Diving Board

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

  • Cherokee Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Cullum Homes
  • Folkman Ranch Estates Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 174-36-182

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,669

Year Built

Built in 1996

Lot Details

1.57 Acres

Parking

6

Listing Details

  • Cross Street: Doubletree & 66th Place
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1996
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.57
  • Subdivision Name: FOLKMAN RANCH ESTATES
  • Architectural Style: Other
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 386.23
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated
  • Appliances: Gas Cooktop
  • Accessibility Features: Accessible Hallway(s)
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 7379.0
  • Stories: 1
  • Window Features: Skylight(s), Solar Screens, Dual Pane, Wood Frames
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Tennis Court(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Cul-De-Sac, Grass Front, Grass Back
  • Pool Features: Variable Speed Pump, Diving Pool, Heated, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House, Gazebo
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Tennis Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Tandem Garage, Gated, Garage Door Opener, Extended Length Garage, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Over Height Garage, Separate Strge Area, Temp Controlled
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Programmable Thmstat
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Cherokee Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 68604.0
  • Parcel #: 174-36-182

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Cullum Homes

Tax Info

  • Tax Annual Amount: 12669.0
  • Tax Book Number: 174.00
  • Tax Lot: 14
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 9, 2020
Sold by
Ganz Eric
Bought by
Ganz Eric A and Ganz Katherine S
Seller's Agent
Grant Van Dyke
The Griffin
Buyer's Agent
Alison Zeper
HomeSmart
List Price
$2,850,000
Sold Price
$2,850,000
Current Estimated Value
$5,649,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,799,390
Avg. Annual Appreciation
13.70%
Original Mortgage
$2,280,000
Outstanding Balance
$2,028,876
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,620,514

Purchase Details

Listed on
Oct 6, 2020
Closed on
Nov 16, 2020
Sold by
Ganz Katherine S and Ganz Eric
Bought by
Ganz Eric
Seller's Agent
Grant Van Dyke
The Griffin
Buyer's Agent
Alison Zeper
HomeSmart
List Price
$2,850,000
Sold Price
$2,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,280,000
Outstanding Balance
$2,028,876
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,620,514

Purchase Details

Listed on
Jan 15, 2019
Closed on
Jun 7, 2019
Sold by
Rummel Rick J and Rummel Shannon L
Bought by
Scottsdale Holdings Llc
Seller's Agent
Marcia Anderson
Compass
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$3,250,000
Sold Price
$2,750,000
Premium/Discount to List
-$500,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%
Original Mortgage
$2,225,000
Interest Rate
4.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 28, 2005
Sold by
Rummel Family Trust
Bought by
Rummel Rick J and Rummel Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 1999
Sold by
Klemp O G
Bought by
Rummel Roger and Rummel Denice

Purchase Details

Closed on
Jun 20, 1997
Sold by
Cullum Development Inc
Bought by
Klemp O G and Klemp Sally P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 1995
Sold by
Papakyriakou Alex
Bought by
Cullum Development Inc and Cullum Homes

Purchase Details

Closed on
Apr 14, 1994
Sold by
Folkman Properties
Bought by
Papakyriakou Alex and Papakyriakou Roxane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.3%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Ganz Eric A -- None Available
Ganz Eric -- Chicago Title Agency
Ganz Eric $2,850,000 Chicago Title Agency
Scottsdale Holdings Llc $2,750,000 Chicago Title Agency Inc
Rummel Rick J $2,100,000 Ticor Title Agency Of Az Inc
Rummel Roger $1,600,000 Transnation Title Ins Co
Klemp O G $1,411,867 Lawyers Title Of Arizona Inc
Cullum Development Inc $278,420 Lawyers Title Of Arizona Inc
Papakyriakou Alex $240,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganz Eric $2,280,000
Previous Owner Scottsdale Holdings Llc $2,225,000
Previous Owner Rummel Rick J $1,400,000
Previous Owner Klemp O G $1,000,000
Previous Owner Papakyriakou Alex $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $2,850,000 0.0% $386 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $2,850,000 +3.6% $386 / Sq Ft
06/10/2019 06/10/19 Sold $2,750,000 -3.5% $365 / Sq Ft View Prior Sale
05/14/2019 05/14/19 Price Changed $2,850,000 -3.4% $378 / Sq Ft
03/29/2019 03/29/19 Price Changed $2,950,000 -4.8% $391 / Sq Ft
02/19/2019 02/19/19 Price Changed $3,100,000 -4.6% $411 / Sq Ft
01/21/2019 01/21/19 For Sale $3,250,000 +18.2% $431 / Sq Ft
01/21/2019 01/21/19 Off Market $2,750,000 -- --
01/15/2019 01/15/19 For Sale $3,250,000 -- $431 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $10,013 $215,666 -- --
2024 $11,904 $205,396 -- --
2023 $11,904 $302,420 $60,480 $241,940
2022 $11,394 $218,620 $43,720 $174,900
2021 $12,150 $205,760 $41,150 $164,610
2020 $12,669 $168,980 $33,790 $135,190
2019 $12,448 $163,780 $32,750 $131,030
2018 $15,371 $210,950 $42,190 $168,760
2017 $14,743 $216,730 $43,340 $173,390
2016 $14,422 $212,360 $42,470 $169,890
2015 $13,653 $202,250 $40,450 $161,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6142735

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-36-182

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