NOT LISTED FOR SALE

7022 E Paradise Dr Scottsdale, AZ 85254

Estimated Value: $812,000

3 Beds
2 Baths
2,052 Sq Ft
$396/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $490,000 $239 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,117/month

159 Days on Market

Highlights

  • Horses Allowed On Property
  • 1 Fireplace
  • Cooling Available
  • Sequoya Elementary School Rated A
  • No HOA
  • Under Construction

About This Home

As of June 2019

SHORT SALE!!! Zoned R1-35, unlimited potential. Also listed in the MLS as a land/lot, see MLS #5856299. Prime location, within walking distance to Shea Scottsdale Shopping Center (tenants include Pita Jungle, Sip, The Baked Bear, Hop Doddy, Harkins Theater, and more). Very close proximity Kierland and The Scottsdale Quarter. Unlimited potential in a great location.

Last Agent to Sell the Property

Lexi McWhirter

Compass License #SA652984000 Listed on: 12/11/2018

Compass

Co-Listed By

Briette Hannappel

Compass License #BR628758000

Last Buyer's Agent

Hector Flores

Housing Exchange Realty License #BR556257000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,825

Year Built

  • Built in 1957 | Under Construction

Lot Details

  • 2.02 Acre Lot
  • Block Wall Fence

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof

Interior Spaces

  • 2,052 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Sequoya Elementary School
  • Cocopah Middle School
  • Chaparral High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling Available
  • No Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Desert Estates 1 Lots 5 20 Subdivision

Listing and Financial Details

  • Short Sale
  • Tax Lot 4
  • Assessor Parcel Number 175-19-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,825

Year Built

Built in 1957 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Scottsdale & Cactus
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1957
  • Tax Year: 2018
  • Directions: From Scottsdale Rd, S on Scottsdale, West on Paradise Dr, home/lot on North side.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 2.02
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: DESERT ESTATES 1 LOTS 5-20
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Water Source City Water: Yes
  • Special Listing Cond:Short Sale: Yes
  • Special Features: 12

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Possible Use: Ranch, Farm
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Living Area: 2052.0
  • Stories: 1
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Wood Frame, Painted
  • Property Condition: Under Construction, Fixer
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes
  • Construction Status:Under Construction: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Other, See Remarks
  • Heating: None
  • Laundry Features: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Water
  • Sewer Septic Tank: Yes
  • Heating:No Heat: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

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

Lot Info

  • Horse Amenities: Other, See Remarks
  • Land Lease: No
  • Lot Size Sq Ft: 88099.0
  • Parcel #: 175-19-004

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2825.0
  • Tax Book Number: 175.00
  • Tax Lot: 4
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2020
Sold by
Davidoff Ronald A and Ronald A Davidoff 401K Plan
Bought by
Im In Mud Llc
Current Estimated Value
$812,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$823,854
Outstanding Balance
$740,609
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2020
Sold by
Davidoff Ronald A
Bought by
Davidoff Ronald A

Purchase Details

Listed on
Dec 11, 2018
Closed on
Jun 17, 2019
Sold by
Jachimek Katherine L
Bought by
Bene Davidoff Ronald A
Seller's Agent
Lexi McWhirter
Compass
Buyer's Agent
Hector Flores
Housing Exchange Realty
List Price
$735,000
Sold Price
$490,000
Premium/Discount to List
-$245,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2016
Sold by
Kneale Clyde Jeffrey
Bought by
Jachimek William George and Jachimek Katherine Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 1997
Sold by
Kneale Alice H
Bought by
Keale Alice H and Kneale Clyde Geoffrey

Purchase Details

Closed on
Nov 6, 1995
Sold by
Kneale Alice H
Bought by
City Of Scottsdale
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 Buyer Sale Price Title Company
Im In Mud Llc $822,000 American Title Svc Agcy Llc
Davidoff Ronald A -- Accommodation
Bene Davidoff Ronald A -- American Title Svc Agcy Llc
Ronald A Davidoff Defined Benefit Plan $490,000 American Title Svc Agcy Llc
Jachimek William George $675,000 First Arizona Title Agency
Keale Alice H -- First Arizona Title Agency
Keale Alice H -- --
City Of Scottsdale -- United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Im In Mud Llc $823,854
Previous Owner Bene Davidoff Ronald A $200,000
Previous Owner Jachimek William George $1,280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $490,000 -1.8% $239 / Sq Ft
05/17/2019 05/17/19 Price Changed $499,000 -9.3% $243 / Sq Ft
05/09/2019 05/09/19 Price Changed $550,000 -5.2% $268 / Sq Ft
03/29/2019 03/29/19 Price Changed $580,000 -7.2% $283 / Sq Ft
03/21/2019 03/21/19 Price Changed $625,000 -3.8% $305 / Sq Ft
02/28/2019 02/28/19 Price Changed $650,000 -7.1% $317 / Sq Ft
02/20/2019 02/20/19 Price Changed $700,000 -2.1% $341 / Sq Ft
02/06/2019 02/06/19 Price Changed $715,000 -2.7% $348 / Sq Ft
12/11/2018 12/11/18 For Sale $735,000 -- $358 / 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
2021 -- $51,120 $10,220 $40,900
2020 -- $58,180 $11,630 $46,550
2019 -- $48,020 $9,600 $38,420
2018 -- $46,080 $9,210 $36,870
2017 -- $44,900 $8,980 $35,920
2016 -- $36,250 $7,250 $29,000
2015 -- $33,310 $6,660 $26,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5856301

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-19-004