NOT LISTED FOR SALE

7042 E Lone Mountain Rd Scottsdale, AZ 85266

Lone Mountain Neighborhood

Estimated Value: $1,878,729 - $2,297,000

6 Beds
5.5 Baths
4,761 Sq Ft
$435/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $1,825,000 $383 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,308/month

17 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • Mountain View
  • Lone Mountain Elementary School Rated A-
  • RV Access or Parking
  • Fireplace in Primary Bedroom

About This Home

As of April 2022

Own your private 1.9 acre piece of beautiful desert land with majestic mountain views and 4761 square foot custom-built home located in North Scottsdale! Be greeted by a tranquil courtyard which flows into a welcoming custom front-entry. This home is fully upgraded with upscale finishes including travertine flooring throughout, upscale lighting, granite countertops with a huge island for kitchen entertaining, full bar area, walk-in pantry, and separate breakfast nook surrounded by windows overlooking the Sonoran Desert. Each of the four bedrooms is an in-suite with its own private bathroom. The master suite offers a luxurious fireplace and double-doors opening to the backyard. This home includes a separate office, four car garage big enough to store a boat, and a 420 square foot casita with its own entry offering guests a private space and an additional bedroom and bathroom. Enjoy outdoor living with a large covered patio and custom BBQ island. Take advantage of hiking, nearby horse trails, close shopping and dining, or relax and take-in countless painted sunsets! Come experience Arizona living at its finest!

Last Agent to Sell the Property

Mike Singh

Real Broker License #SA658012000 Listed on: 03/11/2022

Real Broker

Co-Listed By

Stacy Dragos

Century 21 Toma Partners License #SA662599000

Last Buyer's Agent

Waseem Hamadeh

Venture REI, LLC License #BR564116000

Venture REI, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,855

Year Built

  • Built in 2005

Lot Details

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

Parking

  • 4 Car Direct Access Garage
  • Tandem Garage
  • RV Access or Parking

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,761 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Bathtub With Separate Shower Stall

Outdoor Features

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

Schools

  • Lone Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Central Air
  • Heating Available
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Guest House
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include (see remarks)
  • Built by Custom

Listing and Financial Details

  • Assessor Parcel Number 216-50-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,855

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Lone Mountain Road & Scottsdale Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2021
  • Directions: From the 101. Proceed north on Scottsdale Road to Lone Mountain Road. Turn left(east) on Lone Mountain Road. Property will be on the right side.
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.93
  • Co List Office Mls Id: bent01
  • Co List Office Phone: 602-954-2000
  • Subdivision Name: .
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Windows:Dual Pane: 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
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Fire Pit, 2 Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 4761.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Corner Lot, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Tandem Garage, RV Access/Parking, RV Gate, Extended Length Garage, Direct Access
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: 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:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Other (See Remarks)

Schools

  • Elementary School: Lone Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 83897.0
  • Parcel #: 216-50-006

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 4855.0
  • Tax Book Number: 216.00
  • Tax Lot: .
  • Tax Map Number: 50.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 13, 2022
Sold by
Goumas and Stavroula
Bought by
Hoh Homes Llc
Seller's Agent
Mike Singh
Real Broker
Buyer's Agent
Waseem Hamadeh
Venture REI, LLC
List Price
$1,850,000
Sold Price
$1,825,000
Premium/Discount to List
-$25,000
-1.35%
Current Estimated Value
$2,070,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,576
Avg. Annual Appreciation
3.69%
Original Mortgage
$1,500,000
Outstanding Balance
$1,415,753
Interest Rate
4.72%
Mortgage Type
FHA
Estimated Equity
$654,823

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 8, 2022
Sold by
Goumas and Stavroula
Bought by
Hoh Homes Llc
Seller's Agent
Mike Singh
Real Broker
Buyer's Agent
Waseem Hamadeh
Venture REI, LLC
List Price
$1,850,000
Sold Price
$1,825,000
Premium/Discount to List
-$25,000
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,415,753
Interest Rate
4.72%
Mortgage Type
FHA
Estimated Equity
$654,823

Purchase Details

Closed on
Jul 20, 2007
Sold by
Goumas Dean
Bought by
Goumas Dean and Goumas Stavroula

Purchase Details

Closed on
Mar 27, 2007
Sold by
Goumas Stavroula
Bought by
Goumas Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2004
Sold by
Rao Joseph S
Bought by
Goumas Dean and Goumas Stavrouala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hoh Homes Llc $1,825,000 Premier Title
Hoh Homes Llc $1,825,000 Premier Title
Goumas Dean -- Security Title Agency Inc
Goumas Dean -- Security Title Agency Inc
Goumas Dean $205,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoh Homes Llc $1,500,000
Closed Hoh Homes Llc $1,500,000
Previous Owner Goumas Dean $860,000
Previous Owner Goumas Dean $160,000
Closed Hoh Homes Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $1,825,000 -1.4% $383 / Sq Ft
02/28/2022 02/28/22 For Sale $1,850,000 -- $389 / 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 $3,959 $71,883 -- --
2024 $5,318 $68,460 -- --
2023 $5,318 $124,120 $24,820 $99,300
2022 $5,123 $92,680 $18,530 $74,150
2021 $4,855 $90,650 $18,130 $72,520
2020 $4,793 $88,120 $17,620 $70,500
2019 $4,625 $86,450 $17,290 $69,160
2018 $4,487 $81,110 $16,220 $64,890
2017 $4,304 $78,400 $15,680 $62,720
2016 $4,278 $76,100 $15,220 $60,880
2015 $4,068 $69,660 $13,930 $55,730
Source: Public Records

Agents Affiliated with this Home

  • Mike Singh

    Seller's Agent in 2022

    Mike Singh

    Real Broker

    (602) 326-9610

    1 in this area

    48 Total Sales

    Mike Singh
    Section Image
  • Stacy Dragos

    Seller Co-Listing Agent in 2022

    Stacy Dragos

    Century 21 Toma Partners

    (623) 632-0575

    1 in this area

    99 Total Sales

    Stacy Dragos
    Section Image
  • Waseem Hamadeh

    Buyer's Agent in 2022

    Waseem Hamadeh

    Venture REI, LLC

    (602) 327-8169

    1 in this area

    12 Total Sales

    Waseem Hamadeh
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6365613

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-50-006

Arizona Maricopa County Scottsdale 85266 Lone Mountain

7042 E Lone Mountain Rd, Scottsdale, AZ

This home is located at 7042 E Lone Mountain Rd, Scottsdale, AZ 85266 since 11 March 2022 and is currently estimated at $2,070,576, approximately $434 per square foot. This property was built in 2005. 7042 E Lone Mountain Rd is a home located in Maricopa County with nearby schools including Lone Mountain Elementary School, Cactus Shadows High School, and Sonoran Trails Middle 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

Nearby Homes