NOT LISTED FOR SALE

Estimated Value: $655,000 - $711,000

1 Bed
1 Bath
738 Sq Ft
$417/mo HOA Fee

Last Sold April 09, 2021

Last sale price $450,000 $610 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,396/month

106 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • City Lights View
  • Desert Springs Preparatory Elementary School Rated A
  • Gated Parking
  • Clubhouse

About This Home

As of April 2021

Enjoy a truly luxurious lifestyle at Optima Kierland with world class amenities! This contemporary condo is walking distance to high-end shopping, restaurants & entertainment at Kierland and Scottsdale Quarter. Take in the city & mountain views from the comfort of your living room! Bosch appliances, gas cooktop, quartz counters, Kohler fixtures, and automated window shades. This is a stunning high-rise property with amenities that include: rooftop lap pool with cabanas, outdoor kitchen, firepits, hot tub, steam room, massage room, 1600 sq. ft. fitness center, game room, golf simulator & putting green, indoor basketball & squash court, club room with kitchen, coffee bar, Zen garden and much more. Includes a storage unit and garaged parking space. Upscale living at its finest!

Last Listed By

Sheri Douglas

Russ Lyon Sotheby's International Realty License #SA661406000 Listed on: 11/24/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,558

Year Built

  • Built in 2018

Lot Details

  • Two or More Common Walls
  • Front Yard Sprinklers

HOA Fees

  • $417 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 738 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Roller Shields

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Home Security

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Desert Springs Preparatory Elementary School
  • Desert Shadows Middle School - Scottsdale
  • Horizon High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Unit is on the top floor

Listing and Financial Details

  • Tax Lot 502
  • Assessor Parcel Number 215-43-392

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, pest control, cable TV, ground maintenance, gas, trash, water, roof replacement, maintenance exterior
  • 7120 Optima Kierland Association, Phone Number (480) 425-2470
  • Built by Optima Kierland
  • Optima Kierland Center 7120 Condominium 2Nd Amd Subdivision
  • 12-Story Property

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Community Spa

Security

  • Security Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,558

Year Built

Built in 2018

Lot Details

0

HOA Fees

$417 per month

Parking

1

Listing Details

  • Cross Street: Scottsdale Rd & Kierland Blvd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 417.29
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2018
  • Tax Year: 2020
  • Directions: From Scottsdale Rd, west on Kierland Blvd then north on 71st St. Entrance on the right. Visitor parking on 1st level in garage.
  • Property Sub Type: Apartment Style/Flat
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: OPTIMA KIERLAND CENTER 7120 CONDOMINIUM 2ND AMD
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 417.29
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Roller Shields, Full Bth Master Bdrm, High Speed Internet
  • Living Area: 738.0
  • Stories: 12
  • Window Features: Double Pane Windows, Low Emissivity Windows, Tinted Windows
  • Fireplace:No Fireplace: Yes
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Covered Patio(s), Patio, Storage
  • Lot Features: Irrigation Front
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below, Neighbor Above
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Electric Door Opener, Separate Strge Area, Assigned, Gated, Common
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Common: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Community Media Room, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 417.29
  • Association Fee Frequency: Monthly
  • Association Name: 7120 Optima Kierland
  • Phone: 480-425-2470
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 7120 Optima Kierland
  • Association Fees:HOA Telephone4: 480-425-2470
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1251.69
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Pest Control: Yes
  • Association Fee Incl:Cable or Satellite: Yes
  • Association Fee Incl:Gas6: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Pest Control, Cable TV, Maintenance Grounds, Gas, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Desert Springs Preparatory Elementary School
  • High School: Horizon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Desert Shadows Middle School - Scottsdale

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 738.0
  • Parcel #: 215-43-392
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Optima Kierland

Tax Info

  • Tax Annual Amount: 2558.0
  • Tax Book Number: 215.00
  • Tax Lot: 502
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Apr 8, 2021
Sold by
Frederick Holdings Llc
Bought by
Golparian Mohammad and Emami Maryam
Seller's Agent
Sheri Douglas
Russ Lyon Sotheby's International Realty
Buyer's Agent
N'Marie Crumbie
HomeSmart
List Price
$479,000
Sold Price
$450,000
Premium/Discount to List
-$29,000
-6.05%
Total Days on Market
106
Current Estimated Value
$685,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,598
Avg. Annual Appreciation
11.30%
Original Mortgage
$405,000
Outstanding Balance
$317,599
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$378,176

Purchase Details

Listed on
Jan 31, 2020
Closed on
Apr 20, 2020
Sold by
Weiss Kenneth A and Weiss Debra L
Bought by
Frederick Holdings Llc
Seller's Agent
Ethan Edwards
Realty Executives
Buyer's Agent
Sheri Douglas
Russ Lyon Sotheby's International Realty
List Price
$469,000
Sold Price
$440,000
Premium/Discount to List
-$29,000
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%

Purchase Details

Closed on
Mar 1, 2018
Sold by
7125 East Kierland Llc
Bought by
Weiss Kenneth A and Weiss Debra L

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
Golparian Mohammad $450,000 Jetclosing Inc
Frederick Holdings Llc $440,000 First American Title Ins Co
Weiss Kenneth A $349,238 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golparian Mohammad $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $450,000 -6.1% $610 / Sq Ft
11/24/2020 11/24/20 For Sale $479,000 +8.9% $649 / Sq Ft
04/30/2020 04/30/20 Sold $440,000 -6.2% $596 / Sq Ft
01/31/2020 01/31/20 For Sale $469,000 -- $636 / 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 $2,141 $27,277 -- --
2024 $2,249 $25,978 -- --
2023 $2,249 $35,920 $7,180 $28,740
2022 $2,228 $35,420 $7,080 $28,340
2021 $2,265 $30,260 $6,050 $24,210
2020 $2,558 $29,830 $5,960 $23,870
2019 $2,561 $28,270 $5,650 $22,620
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6164419

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-43-392