NOT LISTED FOR SALE

7025 E Cheney Dr Paradise Valley, AZ 85253

Estimated Value: $3,618,000 - $5,068,000

5 Beds
5 Baths
5,170 Sq Ft
$829/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $1,450,000 $280 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $23,070/month

90 Days on Market

Highlights

  • Heated Pool
  • Mountain View
  • Wood Flooring
  • Kiva Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Spanish Architecture

About This Home

As of May 2016

Privately gated with special attention spent on details & finishes. Designed with indoor & outdoor spaces ideal for elegant entertaining & resort style relaxation. Spectacular 360 degree views from rooftop deck, heated pool & spa with water feature outdoor kitchen, large covered patio areas & fireplace. High tech features include: visual & audio security, smart device climate control, timed sensor lighting, surround sound speakers, programmed shade screens. Split floor plan, with no interior steps, offers master wing complete with his & hers walk-in closets & outdoor access, while the opposite wing is perfect for guests or children with flex space, and entertainment spaces. Storage is everywhere in this home's four car garage with built-ins, large kitchen pantry, auxiliary pantry, & over-sized laundry room. RV gate and additional slab parking.

Last Agent to Sell the Property

Madeleine O'Malley

Madeleine O'Malley & Associates, Inc. License #BR006281000 Listed on: 01/08/2016

Co-Listed By

Colleen Fillion

O & CO License #BR642680000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,346

Year Built

  • Built in 1999

Lot Details

  • 0.86 Acre Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,170 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Intercom

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Fireplace

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • No Interior Steps
  • North or South Exposure

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Wolford
  • N264' Of E 165' Of Nw4 Subdivision

Listing and Financial Details

  • Tax Lot M8
  • Assessor Parcel Number 174-48-009-F

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,346

Year Built

Built in 1999

Lot Details

0.86 Acres

Parking

4

Listing Details

  • Cross Street: Scottsdale Rd. & Indian Bend
  • 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
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2012
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2010
  • Updated Pool: Partial
  • Items Updated Pool Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1999
  • Spa Private: Yes
  • Tax Year: 2015
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.86
  • Co List Office Mls Id: moma01
  • Co List Office Phone: 602-686-1950
  • Subdivision Name: N264' OF E 165' of NW4
  • Architectural Style: Spanish
  • Property Attached Yn: No
  • Tax Parcel Letter: F
  • General Property Description:PriceSqFt: 280.46
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Private
  • Other Equipment: Intercom
  • Total Bedrooms: 5
  • Fireplace Features: Exterior Fireplace, Family Room, Master Bedroom, Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Breakfast Bar, Central Vacuum, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 5170.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: North/South Exposure, Sprinklers In Rear, Sprinklers In Front
  • Pool Features: Heated
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Gazebo
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:GazeboRamada: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener, Circular Driveway, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: 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: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 37562.0
  • Parcel #: 174-48-009-F

Building Info

  • Builder Name: Wolford

Tax Info

  • Tax Annual Amount: 9346.0
  • Tax Book Number: 174.00
  • Tax Lot: M8
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Marella Punnaiah Chowdary and Siripurapu Shantipriya
Bought by
Marella Punnaiah Chowdary and Siripurapu Shantipriya
Current Estimated Value
$4,287,106

Purchase Details

Listed on
Jan 8, 2016
Closed on
May 13, 2016
Sold by
Jennings John R
Bought by
Marella Punnaiah Chowdary and Siripurapu Shantipriya
Seller's Agent
Madeleine O'Malley
Madeleine O'Malley & Associates, Inc.
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,975,000
Sold Price
$1,450,000
Premium/Discount to List
-$525,000
-26.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$1,160,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2005
Sold by
Jennings John R
Bought by
Jennings John R and Jennings Ricki Dee

Purchase Details

Closed on
Aug 29, 2002
Sold by
Skiles Scott
Bought by
Jennings John R and Jennings Ricki Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2000
Sold by
Wolford David R
Bought by
Skiles Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 1998
Sold by
Hague Gregory D
Bought by
Wolford David R

Purchase Details

Closed on
Apr 8, 1998
Sold by
Clark Dolores A
Bought by
Hague Gregory D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.05%
Mortgage Type
New Conventional
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
Marella Punnaiah Chowdary -- None Listed On Document
Marella Punnaiah Chowdary $1,450,000 Landmark Title Assurance Age
Jennings John R -- --
Jennings John R $1,400,000 First American Title Ins Co
Skiles Scott $1,350,000 Capital Title Agency
Wolford David R $390,000 Grand Canyon Title Agency In
Hague Gregory D $390,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marella Punnaiah Chowdary $1,160,000
Previous Owner Jennings John R $980,000
Previous Owner Skiles Scott $900,000
Previous Owner Hague Gregory D $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2016 05/18/16 Sold $1,450,000 -4.9% $280 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
03/31/2016 03/31/16 Price Changed $1,525,000 -15.2% $295 / Sq Ft
02/22/2016 02/22/16 Price Changed $1,799,000 -8.9% $348 / Sq Ft
01/08/2016 01/08/16 For Sale $1,975,000 -- $382 / 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 $9,172 $158,909 -- --
2024 $8,613 $151,342 -- --
2023 $8,613 $225,410 $45,080 $180,330
2022 $8,238 $173,350 $34,670 $138,680
2021 $8,795 $157,600 $31,520 $126,080
2020 $8,735 $150,760 $30,150 $120,610
2019 $8,412 $118,580 $23,710 $94,870
2018 $10,081 $139,010 $27,800 $111,210
2017 $10,107 $140,060 $28,010 $112,050
2016 $9,883 $141,150 $28,230 $112,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5380466

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-48-009F

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