NOT LISTED FOR SALE

Estimated Value: $1,054,000 - $1,271,000

2 Beds
2 Baths
1,261 Sq Ft
$802/mo HOA Fee

Last Sold March 25, 2022

Last sale price $1,275,000 $1,011 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,564/month

19 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Community
  • Desert Springs Preparatory Elementary School Rated A
  • Gated Parking
  • Contemporary Architecture

About This Home

As of March 2022

Furnished luxury condo in the exclusive Kierland Optima. 2 bedroom 2 bath split floor plan with designer kitchen, dining area, living room with a view and a large balcony. Unit also includes the only private storage unit on the same floor just steps from the unit. Also includes 2 parking stalls. Enjoy the resort style living that Optima offers including a rooftop pool, spas, cold plunge, steam and saunas, golf simulator, basketball court, pickleball, games, and several entertaining spaces. Walking distance to Kierland Commons and Scottsdale Quarter.

Last Agent to Sell the Property

Gene Hastings

eXp Realty License #BR531883000 Listed on: 02/28/2022

eXp Realty

Last Buyer's Agent

Evan Loo

Real Broker License #SA685891000

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,957

Year Built

  • Built in 2018

Lot Details

  • 1,307

HOA Fees

  • $802 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,261 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Tile Flooring

Kitchen

  • Gas Cooktop
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Sandpiper Elementary School
  • Desert Shadows Middle School - Scottsdale
  • Horizon High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Desert faces the front of the property
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 803
  • Assessor Parcel Number 215-43-446

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, cable TV, ground maintenance, trash, water, roof replacement, maintenance exterior
  • Aam Association, Phone Number (602) 957-9191
  • High-Rise Condominium
  • Built by Optima
  • Optima Kierland Center 7120 Condominium 2Nd Amd Subdivision
  • 12-Story Property

Amenities

  • Concierge
  • Recreation Room

Recreation

  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,957

Year Built

Built in 2018

Lot Details

0

HOA Fees

$802 per month

Parking

2

Listing Details

  • Cross Street: Scottsdale Rd and Kierland Blvd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 801.98
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2018
  • Tax Year: 2021
  • Directions: West on Kierland Blvd to 71st Street, North on 71st Street to building. Parking on L1 in Visitor Section.
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: OPTIMA KIERLAND CENTER 7120 CONDOMINIUM 2ND AMD
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 801.98
  • Technology:Cable TV Avail: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Double Vanity, 9+ Flat Ceilings
  • Living Area: 1261.0
  • Stories: 12
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: See Remarks
  • Exterior Features: Balcony
  • Lot Features: Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Other
  • Roof: Other
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Gated, Separate Strge Area, Assigned, Community Structure
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Community Structure: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa Htd, Community Pool Htd, Near Bus Stop, Concierge, Fitness Center
  • Association Fee: 801.98
  • Association Fee Frequency: Monthly
  • Association Name: Optima
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Optima
  • Association Fees:HOA Telephone4: 602.957.9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 4811.88
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AAM
  • 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:Cable or Satellite: Yes

Fee Information

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

Schools

  • Elementary School: Sandpiper 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: 1262.0
  • Parcel #: 215-43-446

Building Info

  • Builder Name: Optima

Tax Info

  • Tax Annual Amount: 4957.0
  • Tax Book Number: 215.00
  • Tax Lot: 803
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2023
Sold by
Cormack Wendy
Bought by
Wendy Cormack Trust
Current Estimated Value
$1,185,034

Purchase Details

Listed on
Feb 28, 2022
Closed on
Mar 25, 2022
Sold by
Andrew Cruse
Bought by
Wendy Cormack Trust
Seller's Agent
Gene Hastings
eXp Realty
Buyer's Agent
Evan Loo
Real Broker
List Price
$1,295,000
Sold Price
$1,275,000
Premium/Discount to List
-$20,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.19%
Original Mortgage
$800,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2022
Closed on
Mar 9, 2022
Sold by
Andrew Cruse
Bought by
Wendy Cormack Trust
Seller's Agent
Gene Hastings
eXp Realty
Buyer's Agent
Evan Loo
Real Broker
List Price
$1,295,000
Sold Price
$1,275,000
Premium/Discount to List
-$20,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2022
Closed on
Feb 23, 2022
Sold by
Larsen Family Trust
Bought by
Cruse Andrew
Seller's Agent
Gene Hastings
eXp Realty
Buyer's Agent
Evan Loo
Real Broker
List Price
$1,295,000
Sold Price
$1,275,000
Premium/Discount to List
-$20,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2022
Closed on
Feb 17, 2022
Sold by
Larsen Family Trust
Bought by
Cruse Andrew
Seller's Agent
Gene Hastings
eXp Realty
Buyer's Agent
Evan Loo
Real Broker
List Price
$1,295,000
Sold Price
$1,275,000
Premium/Discount to List
-$20,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2018
Sold by
Larsen Vickie L
Bought by
Larsen Vickie L and Larsen Family Trust

Purchase Details

Closed on
May 17, 2018
Sold by
7120 East Kierland Llc
Bought by
Larsen Vickie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,400
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Wendy Cormack Trust -- None Listed On Document
Wendy Cormack Trust $1,275,000 Driggs Title Agency
Wendy Cormack Trust $1,275,000 Driggs Title Agency
Cruse Andrew $1,095,000 Driggs Title Agency
Cruse Andrew $1,095,000 Driggs Title Agency
Larsen Vickie L -- None Available
Larsen Vickie $768,714 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruse Andrew $800,000
Previous Owner Cruse Andrew $800,000
Previous Owner Larsen Vickie $606,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $1,275,000 -1.5% $1,011 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $1,295,000 0.0% $1,027 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $1,295,000 +18.3% $1,027 / Sq Ft
02/23/2022 02/23/22 Sold $1,095,000 +0.5% $868 / Sq Ft
01/22/2022 01/22/22 For Sale $1,090,000 -- $864 / 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 $5,671 $56,976 -- --
2024 $5,597 $54,263 -- --
2023 $5,597 $72,750 $14,550 $58,200
2022 $5,541 $73,460 $14,690 $58,770
2021 $4,957 $63,880 $12,770 $51,110
2020 $4,785 $64,050 $12,810 $51,240
2019 $4,792 $59,520 $11,900 $47,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6361877

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-43-446