NOT LISTED FOR SALE

7110 N Red Ledge Dr Paradise Valley, AZ 85253

Estimated Value: $2,749,000 - $4,714,000

3 Beds
5 Baths
5,400 Sq Ft
$743/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $2,775,000 $514 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $21,890/month

230 Days on Market

Highlights

  • Gated with Attendant
  • Heated Pool
  • Solar Power System
  • Kiva Elementary School Rated A
  • RV Garage
  • Mountain View

About This Home

As of February 2022

An incredibly beautiful Santa Barbara style inspired home, located in the coveted, guard gated community of Clearwater Hills in Paradise Valley. It is perched high upon the Phoenix Mountain Preserve offering stunning city light and mountain views. Enter through the double doors to a dramatic, marble tiled, foyer/music room with a stunning double spiral staircase. This spacious home, built in 1994 and remodeled in 2018, features a great room with wet bar, three bedrooms, 5 bathrooms, an office (could easily be 4th bedroom), as well as a professional 3D home theatre. The luxuries are extended by the presence of a beautiful hydraulic elevator, wine cellar, 24' vaulted ceilings, interior wall insulated rolling shades and owned solar panels. The wrap around deck and back patio are an invitation to enjoy the sun, the shade, and the views. With a built in BBQ, water feature and solar heated spa and pool. The wonderful back patio, freshly resurfaced is spacious and perfect for entertaining. And for the car lover the 6-car, oversized garage, including a 12' RV garage doors, and workshop should not be missed. This luxurious home will delight you. It is an incredible place for entertaining and a wonderful place to call home.

Last Agent to Sell the Property

Michelle O'Neill

Russ Lyon Sotheby's International Realty License #SA552316000 Listed on: 04/24/2021

Russ Lyon Sotheby's International Realty

Co-Listed By

Paul Perry

Russ Lyon Sotheby's International Realty License #SA511564000

Last Buyer's Agent

Cory Mishkin

Cambridge Properties License #SA525096000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,692

Year Built

  • Built in 1994

Lot Details

  • 0.76 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $383 Monthly HOA Fees

Parking

  • 6 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Tandem Garage
  • Garage Door Opener
  • Shared Driveway
  • RV Garage

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Composition Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,400 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Roller Shields
  • Wood Frame Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Smart Home

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Pool
  • Spa
  • Solar Pool Equipment

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Purifier
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Multiple Entries or Exits
  • Solar Power System

Listing and Financial Details

  • Tax Lot 147
  • Assessor Parcel Number 169-13-015-C

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Clearwater Hills Association, Phone Number (480) 922-9080
  • Clearwater Hills 2 Private Roads Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,692

Year Built

Built in 1994

Lot Details

0.76 Acres

HOA Fees

$383 per month

Parking

6

Listing Details

  • Cross Street: Tatum Blvd & Clearwater Pkwy
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 383.33
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2015
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2018
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2018
  • Items Updated Pool Yr Updated: 2009
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 6.0
  • Separate Den Office Sep Den Office: Y
  • Solar Panels Grid: On
  • Year Built: 1994
  • Spa Private: Yes
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.76
  • Co List Office Mls Id: lyon09
  • Co List Office Phone: 480-488-2998
  • Subdivision Name: CLEARWATER HILLS 2 PRIVATE ROADS
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Tax Parcel Letter: C
  • General Property Description:PriceSqFt: 513.88
  • Association Fees:HOA Fee2: 4600.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Private
  • Appliances: Gas Cooktop, Water Purifier
  • Accessibility Features: Mltpl Entries/Exits
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Elevator, Roller Shields, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 5400.0
  • Stories: 3
  • Window Features: Dual Pane, Mechanical Sun Shds, Wood Frames
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Separate Workshop: Yes
  • Other Rooms:Media Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Built-in Barbecue
  • Lot Features: Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Heated, Private, Solar Pool Equipment
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: No Common Walls
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Tandem Garage, Garage Door Opener, Extended Length Garage, Direct Access, Over Height Garage, Separate Strge Area, Temp Controlled, RV Garage, Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Open Parking Spaces: 2.0
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:RV Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Gated, Guarded Entry
  • Association Fee: 4600.0
  • Association Fee Frequency: Annually
  • Association Name: Clearwater Hills
  • Phone: 480-922-9080
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: Clearwater Hills
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 3433.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

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: 33115.0
  • Parcel #: 169-13-015-C

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 12692.0
  • Tax Book Number: 169.00
  • Tax Lot: 147
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Jan 27, 2022
Sold by
Susan L Francisco Revocable Living Trust
Bought by
Racette Brad A and Racette Susan B
Seller's Agent
Michelle O'Neill
Russ Lyon Sotheby's International Realty
Buyer's Agent
Cory Mishkin
Cambridge Properties
List Price
$2,820,000
Sold Price
$2,775,000
Premium/Discount to List
-$45,000
-1.6%
Current Estimated Value
$4,010,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,235,354
Avg. Annual Appreciation
9.54%
Original Mortgage
$1,999,999
Outstanding Balance
$1,849,594
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$2,160,760

Purchase Details

Closed on
Apr 30, 2012
Sold by
Francisco Susan L
Bought by
Francisco Susan L and Susan L Francisco Revocable Living Trust

Purchase Details

Closed on
Dec 22, 2008
Sold by
Galaxy Investment & Holding Group Inc
Bought by
Francisco Susan L and Francisco Family Living Trust

Purchase Details

Closed on
Jul 11, 1996
Sold by
Galaxy Investment & Holding Group Inc
Bought by
Francisco Susan L and Francisco Family Living Trust
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
Racette Brad A $2,775,000 Wfg National Title Insurance C
Francisco Susan L -- None Available
Francisco Susan L -- None Available
Francisco Susan L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Racette Brad A $1,999,999
Closed Racette Brad A $358,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2022 02/01/22 Sold $2,775,000 -1.6% $514 / Sq Ft
09/02/2021 09/02/21 For Sale $2,820,000 0.0% $522 / Sq Ft
09/02/2021 09/02/21 Price Changed $2,820,000 +1.6% $522 / Sq Ft
08/31/2021 08/31/21 Off Market $2,775,000 -- --
06/11/2021 06/11/21 Price Changed $2,989,000 -4.6% $554 / Sq Ft
04/24/2021 04/24/21 For Sale $3,132,000 -- $580 / 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 $10,158 $149,982 -- --
2024 $11,094 $142,840 -- --
2023 $11,094 $249,870 $49,970 $199,900
2022 $11,882 $190,530 $38,100 $152,430
2021 $13,288 $175,710 $35,140 $140,570
2020 $12,692 $188,120 $37,620 $150,500
2019 $12,065 $157,150 $31,430 $125,720
2018 $12,510 $154,010 $30,800 $123,210
2017 $11,599 $150,970 $30,190 $120,780
2016 $11,160 $140,400 $28,080 $112,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6234890

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-13-015C

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