NOT LISTED FOR SALE

7032 E Morten Ave Paradise Valley, AZ 85253

Paradise Valley Neighborhood

Estimated Value: $2,591,000 - $3,934,000

4 Beds
4.5 Baths
4,064 Sq Ft
$812/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $2,400,000 $591 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $19,226/month

3 Days on Market

Highlights

  • Guest House
  • Heated Lap Pool
  • Gated Community
  • Kiva Elementary School Rated A
  • RV Gated
  • 0.98 Acre Lot

About This Home

As of November 2022

RARE .97 acre lot home in prestigious guard gated community Cheney Estates. Property located in PRIME Paradise Valley minutes away from all the best shopping & dining! Main house features: 3 bdrms+office & 2.5 baths. Remodeled guest house w/ bedroom & full bath. Resort like backyard with heated, salt water, covered lap pool & spa. Apple, orange, grapefruit, juju bee, Mexican lime & lemon trees. Gorgeous landscaping & bamboo/ meditation gardens! Home is situated on a cut-de-sac lot and has a 4 car garage! Owner will provide 2 remodel plans! Lots of potential!

Last Agent to Sell the Property

Lauren Ellington

Fathom Realty Elite License #SA542605000 Listed on: 10/27/2022

Fathom Realty Elite

Co-Listed By

Rosie Derryberry

Real Broker License #SA551902000

Last Buyer's Agent

Jan Kabbani

The Brokery License #SA518809000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,214

Year Built

  • Built in 1997

Lot Details

  • 0.98 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • RV Gated

Home Design

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

Interior Spaces

  • 4,064 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Solar Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Pool

  • Heated Lap Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Gazebo

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Guest House

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 174-40-069

Community Details

Overview

  • Association fees include cable TV, ground maintenance, street maintenance, trash
  • Associated Property Association, Phone Number (480) 941-1077
  • Built by Edmunds
  • Cheney Estates Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,214

Year Built

Built in 1997

Lot Details

0

HOA Fees

$550 per month

Parking

4

Listing Details

  • Cross Street: SCOTTSDALE RD & CHENEY DR
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 550.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1997
  • Spa Private: Yes
  • Tax Year: 2022
  • Directions: SCOTTSDALE ROAD WEST ON CHENEY DRIVE, NORTH TO CHENEY ESTATES GUARD GATED COMMUNITY
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.98
  • Co List Office Mls Id: reax10
  • Co List Office Phone: 480-998-0676
  • Subdivision Name: Cheney Estates
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones, Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1650.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, 2 Fireplace, Family Room, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Drink Wtr Filter Sys, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 4064.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:_two_ Fireplace: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Gazebo/Ramada, Private Street(s)
  • Lot Features: Desert Back, Desert Front, Cul-De-Sac, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Lap, Private
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Other Structures: Guest House
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, RV Gate, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Amenities: Management
  • Association Fee: 1650.0
  • Association Fee Frequency: Quarterly
  • Association Name: Cheney Estates
  • Phone: 480-941-1077
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Cheney Estates
  • Association Fees:HOA Telephone4: 480-941-1077
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 0.5
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Disclosure Fees HOA: 250.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Associated Property
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Street Maint, Trash

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: 42542.0
  • Parcel #: 174-40-069
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Edmunds

Tax Info

  • Tax Annual Amount: 8214.0
  • Tax Book Number: 174.00
  • Tax Lot: 68
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Nov 23, 2022
Sold by
Liu Jing
Bought by
Gail C Hazelwood Living Trust
Seller's Agent
Lauren Ellington
Fathom Realty Elite
Buyer's Agent
Jan Kabbani
The Brokery
List Price
$2,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$100,000
-4%
Views
7
Current Estimated Value
$3,300,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$900,769
Avg. Annual Appreciation
12.19%

Purchase Details

Closed on
Sep 25, 2012
Sold by
Lang Russell
Bought by
Liu Jing

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
3.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2012
Closed on
Jul 10, 2012
Sold by
Geiser Group Llc
Bought by
Lang Russell and Lang Cindy
Seller's Agent
Grant Mastre
Ventana Fine Properties
Buyer's Agent
Diane Bearden
HomeSmart
List Price
$1,150,000
Sold Price
$1,060,000
Premium/Discount to List
-$90,000
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Jan 22, 2010
Sold by
Litton Loan Servicing Lp
Bought by
Geiser Group Llc

Purchase Details

Closed on
Oct 14, 2009
Sold by
Alkhairy Tahir
Bought by
Litton Loan Servicing Lp

Purchase Details

Closed on
Aug 23, 2005
Sold by
Omalley Kevin
Bought by
Alkhairy Tahir M and Alkhairy Afsheen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$994,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2005
Sold by
Omalley Virginia
Bought by
Omalley Kevin

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
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 1997
Sold by
Creedon John P
Bought by
Creedon John P and Creedon Rita B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
7.94%
Source: Public Records

Range of Values:

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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
Gail C Hazelwood Living Trust $2,400,000 Old Republic Title
Liu Jing $1,200,000 Greystone Title Agency
Lang Russell $1,060,000 Great American Title Agency
Geiser Group Llc $910,000 First American Title Ins Co
Litton Loan Servicing Lp $999,000 None Available
Alkhairy Tahir M $1,420,000 --
Omalley Kevin -- Transnation Title
Omalley Kevin $1,225,000 Transnation Title
Creedon John P -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Jing $51,000
Previous Owner Liu Jing $900,000
Previous Owner Alkhairy Tahir M $500,000
Previous Owner Alkhairy Tahir $1,387,500
Previous Owner Alkhairy Tahir $277,500
Previous Owner Alkhairy Tahir M $994,000
Previous Owner Omalley Kevin $980,000
Previous Owner Creedon John P $511,600
Previous Owner Creedon John P $630,000
Closed Alkhairy Tahir M $399,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $2,400,000 -4.0% $591 / Sq Ft
10/27/2022 10/27/22 For Sale $2,500,000 +135.8% $615 / Sq Ft
07/16/2012 07/16/12 Sold $1,060,000 -7.8% $266 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $1,150,000 -- $289 / 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 $8,717 $158,480 -- --
2024 $8,588 $150,934 -- --
2023 $8,588 $214,860 $42,970 $171,890
2022 $8,214 $178,260 $35,650 $142,610
2021 $8,770 $141,800 $28,360 $113,440
2020 $8,710 $132,220 $26,440 $105,780
2019 $8,388 $123,410 $24,680 $98,730
2018 $8,054 $123,250 $24,650 $98,600
2017 $7,714 $120,460 $24,090 $96,370
2016 $7,540 $110,330 $22,060 $88,270
2015 $7,123 $105,080 $21,010 $84,070
Source: Public Records

Agents Affiliated with this Home

  • Lauren Ellington

    Seller's Agent in 2022

    Lauren Ellington

    Fathom Realty Elite

    (602) 326-9586

    28 in this area

    91 Total Sales

    Lauren Ellington
    Section Image
  • Rosie Derryberry

    Seller Co-Listing Agent in 2022

    Rosie Derryberry

    Real Broker

    (480) 703-7673

    15 in this area

    62 Total Sales

    Rosie Derryberry
    Section Image
  • Jan Kabbani

    Buyer's Agent in 2022

    Jan Kabbani

    The Brokery

    (602) 739-5050

    6 in this area

    40 Total Sales

    Jan Kabbani
    Section Image

  • J

    Buyer's Agent in 2022

    Jan ABR

    Coldwell Banker Success Realty

  • G

    Seller's Agent in 2012

    Grant Mastre

    Ventana Fine Properties

    Section Image
  • Bruce Dahlke

    Seller Co-Listing Agent in 2012

    Bruce Dahlke

    Ventana Fine Properties

    (480) 242-2325

    5 in this area

    77 Total Sales

    Bruce Dahlke
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6482513

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-40-069

Arizona Maricopa County Paradise Valley 85253 Paradise Valley

7032 E Morten Ave, Paradise Valley, AZ

This home is located at 7032 E Morten Ave, Paradise Valley, AZ 85253 since 27 October 2022 and is currently estimated at $3,300,769, approximately $812 per square foot. This property was built in 1997. 7032 E Morten Ave 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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