NOT LISTED FOR SALE

7030 E Horseshoe Rd Paradise Valley, AZ 85253

Estimated Value: $3,842,700 - $5,282,000

3 Beds
2 Baths
2,957 Sq Ft
$1,485/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $4,600,000 $1,556 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $23,695/month

19 Days on Market

Highlights

  • Private Pool
  • 2.31 Acre Lot
  • No HOA
  • Cherokee Elementary School Rated A
  • Family Room with Fireplace
  • No Interior Steps

About This Home

As of June 2024

This lot has an existing 2,957sf house (original condition) plus carport & swimming pool *Excellent, rare opportunity to develop a 2.31-acre flat lot *Split it into two 1.15 acre lots? *Remodel the existing house? *Scrape existing house & build a mega-mansion on 2.31 acres? *Lot dimensions 330.96 x 305.30 (100,624 SF) *One of the last remaining 2+ acre lots in the neighborhood; most have been split into 1-acre lots *R-43 zoning *There are no attached builder/plans/designer/permits *Total freedom to do what you want *On septic *Electric & gas service on the property *Quiet street with no neighbor driveways across from this lot *Close to Hyatt Regency, Gainey Ranch Golf Club, Camelback Golf Club, McCormick Ranch Golf Club, Chaparral High, & Scottsdale shopping & restaurants

Last Agent to Sell the Property

Leif Swanson

Realty ONE Group License #SA515170000 Listed on: 10/28/2023

Realty ONE Group

Co-Listed By

Barbara Hull-Ottino

Realty ONE Group License #SA024664000

Last Buyer's Agent

Daniel Yonker

Griggs's Group Powered by The Altman Brothers License #SA643028000

Griggs's Group Powered by The Altman Brothers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,847

Year Built

  • Built in 1953

Lot Details

  • 2.31 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 3 Carport Spaces

Home Design

  • Fixer Upper
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,957 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Private Pool

Community Details

  • No Home Owners Association
  • Association fees include no fees

Listing and Financial Details

  • Assessor Parcel Number 174-30-023-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,847

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: DOUBLETREE RANCH ROAD & SCOTTSDALE ROAD
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1953
  • Tax Year: 2023
  • Directions: On SCOTTSDALE ROAD, go SOUTH of DOUBLETREE RANCH ROAD one block to HORSESHOE ROAD *Turn RIGHT/WEST on HORSESHOE ROAD to large lot on your RIGHT/NORTH
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 2.31
  • Co List Office Mls Id: reog08
  • Co List Office Phone: 602-953-4000
  • Subdivision Name: -
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, No Interior Steps, 3/4 Bath Master Bdrm, Laminate Counters
  • Living Area: 2957.0
  • Stories: 1
  • Kitchen Features:Laminate Counters: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Carport Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: 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: 100624.0
  • Parcel #: 174-30-023-A

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 4846.9
  • Tax Book Number: 174.00
  • Tax Lot: -
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2023
Closed on
Jun 25, 2024
Sold by
Parsons Family Revocable Trust and Parsons Nureen K
Bought by
7030 E Horseshoe Road Llc
Seller's Agent
Leif Swanson
Realty ONE Group
Buyer's Agent
Daniel Yonker
Griggs's Group Powered by The Altman Brothers
List Price
$5,000,000
Sold Price
$4,600,000
Premium/Discount to List
-$400,000
-8%
Views
51
Current Estimated Value
$4,391,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$208,100
Avg. Annual Appreciation
0.08%
Original Mortgage
$2,416,380
Outstanding Balance
$2,390,168
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$2,214,536

Purchase Details

Listed on
Oct 28, 2023
Closed on
Jun 20, 2024
Sold by
Parsons Family Revocable Trust and Parsons Nureen K
Bought by
7030 E Horseshoe Road Llc
Seller's Agent
Leif Swanson
Realty ONE Group
Buyer's Agent
Daniel Yonker
Griggs's Group Powered by The Altman Brothers
List Price
$5,000,000
Sold Price
$4,600,000
Premium/Discount to List
-$400,000
-8%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,416,380
Outstanding Balance
$2,390,168
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$2,214,536

Purchase Details

Closed on
Mar 10, 2006
Sold by
Parsons Eugene A
Bought by
Parsons Eugene A and Parsons Nureen K
Source: Public Records

Range of Values:

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Average Value
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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
7030 E Horseshoe Road Llc $4,600,000 Wfg National Title Insurance C
7030 E Horseshoe Road Llc $4,600,000 Wfg National Title Insurance C
Parsons Eugene A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7030 E Horseshoe Road Llc $2,416,380
Closed 7030 E Horseshoe Road Llc $2,416,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $4,600,000 -8.0% $1,556 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
10/28/2023 10/28/23 For Sale $5,000,000 -- $1,691 / 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 $4,923 $93,951 -- --
2024 $4,847 $89,477 -- --
2023 $4,847 $155,670 $31,130 $124,540
2022 $4,625 $109,860 $21,970 $87,890
2021 $4,954 $101,270 $20,250 $81,020
2020 $4,919 $103,680 $20,730 $82,950
2019 $4,687 $82,220 $16,440 $65,780
2018 $4,491 $77,020 $15,400 $61,620
2017 $4,291 $79,220 $15,840 $63,380
2016 $4,189 $67,310 $13,460 $53,850
2015 $3,944 $64,110 $12,820 $51,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6623993

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-30-023A