NOT LISTED FOR SALE

7121 E Valley Trail Paradise Valley, AZ 85253

Estimated Value: $3,907,448

4 Beds
4.5 Baths
5,017 Sq Ft
$779/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $2,900,000 $578 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $21,437/month

83 Days on Market

Highlights

  • Play Pool
  • RV Gated
  • Wood Flooring
  • Kiva Elementary School Rated A
  • Gated Community
  • Corner Lot

About This Home

As of October 2023

STUNNING PARADISE VALLEY MOVE IN READY HOME!!! This exquisite single-level custom home is situated in the gated community of Cheney Place, exclusivity with only 19 Private Homes. This home boasts a striking entrance and high ceilings, formal living room is adorned with custom shelving, adding an elegant touch. For cozy gatherings, the family room features a fireplace and a fabulous wet bar, complete with a Thermidor (large) & SUB-ZERO (small) Wine refrigerators. The kitchen is a Chef's Dream, equipped with top-of-the-line stainless steel appliances, including a WOLF gas cooktop and double ovens, a SUB-ZERO refrigerator and freezer, granite slab countertops, a butcher block kitchen island, and a convenient walk-in pantry. See More.......... The Master Suite offers a spacious retreat with dual vanities, separate steam shower & copper tub, generous walk-in closet. The south-facing backyard is designed for resort-style living, featuring a sparkling pool and spa, a firepit for cooler evenings, Zen-like walking path, a built-in BBQ for outdoor cooking, mature landscaping, and various areas for entertaining guests, room for a new Casita too! MUST SEE HOME!!!!

Last Agent to Sell the Property

Deborah Rivers

AZ Brokerage Holdings, LLC License #BR036986000 Listed on: 07/22/2023

AZ Brokerage Holdings, LLC

Co-Listed By

Vikki Gorman

AZ Brokerage Holdings, LLC License #SA682253000

Last Buyer's Agent

Stephanie Femino Boudreau

Russ Lyon Sotheby's International Realty License #SA688411000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,147

Year Built

  • Built in 1997

Lot Details

  • 0.98 Acre Lot
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Circular Driveway
  • RV Gated

Home Design

  • Roof Updated in 2022
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,017 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Family Room with Fireplace
  • Security System Owned

Kitchen

  • Kitchen Updated in 2021
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Pool

  • Play Pool
  • Heated Spa

Outdoor Features

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

Schools

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

Utilities

  • Cooling System Updated in 2022
  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 174-48-031

Community Details

Overview

  • Association fees include ground maintenance
  • Azcms Association, Phone Number (480) 355-1190
  • Built by Desert Winds
  • Cheney Place Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,147

Year Built

Built in 1997

Lot Details

0.98 Acres

HOA Fees

$300 per month

Parking

3

Listing Details

  • Cross Street: Scottsdale & Cheney
  • 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: 300.0
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2022
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2021
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2022
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1997
  • Spa Private: Yes
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.98
  • Co List Office Mls Id: reax40
  • Co List Office Phone: 480-585-0101
  • Subdivision Name: CHENEY PLACE
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 578.03
  • Association Fees:HOA Fee2: 300.0
  • Dining Area:Breakfast Bar: Yes
  • 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
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit, 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Wet Bar, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5017.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back
  • Pool Features: Play Pool, Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • 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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate, Garage Door Opener, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association Name: Cheney Place HOA
  • Phone: 480-892-5223
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 5200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Cheney Place HOA
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Prepaid Association Fees HOA: 600.0
  • Association Fees:Disclosure Fees HOA: 175.0
  • Association Fees:Other Fees HOA: 25.0
  • Association Fees:Other Fees Description: Homewise docs
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: AZCMS
  • Association Fees:HOA Management Phone: 480 355 1190

Fee Information

  • Association Fee Includes: Maintenance Grounds

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: 42795.0
  • Parcel #: 174-48-031

Building Info

  • Builder Name: Desert Winds

Tax Info

  • Tax Annual Amount: 8147.0
  • Tax Book Number: 174.00
  • Tax Lot: 20
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Oct 26, 2023
Sold by
Next Chapter Real Estate Llc
Bought by
Oates Terry Neil and Oates Mary Culley
Seller's Agent
Deborah Rivers
AZ Brokerage Holdings, LLC
Buyer's Agent
Stephanie Femino Boudreau
Russ Lyon Sotheby's International Realty
List Price
$3,500,000
Sold Price
$2,900,000
Premium/Discount to List
-$600,000
-17.14%
Views
245
Current Estimated Value
$3,907,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,007,448
Avg. Annual Appreciation
13.29%

Purchase Details

Listed on
Mar 25, 2021
Closed on
Jun 6, 2021
Sold by
Fuina David V
Bought by
Next Chapter Real Estate Llc
Seller's Agent
Brian Kusmer
HomeSmart
Buyer's Agent
Andrew Levy
Infinity & Associates Real Estate
List Price
$2,650,000
Sold Price
$2,695,000
Premium/Discount to List
$45,000
1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%

Purchase Details

Closed on
Mar 13, 2008
Sold by
Fuina David V
Bought by
Fuina David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,224,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2005
Sold by
Fuina David V
Bought by
Fuina David and Dvf Trust I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2005
Sold by
Fuina David V
Bought by
Fuina David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2004
Sold by
Fuina David V
Bought by
Fuina David and Dvf Trust I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1996
Sold by
Fuina Kathleen
Bought by
Fuina Benjamin J

Purchase Details

Closed on
Jul 20, 1995
Sold by
Cheney Manor Llc
Bought by
Desert Winds Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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
Oates Terry Neil $2,900,000 First American Title Insurance
Next Chapter Real Estate Llc $2,695,000 Lawyers Title Of Arizona Inc
Fuina David -- Fidelity National Title
Fuina David -- --
Fuina David -- --
Fuina David -- --
Fuina Benjamin J -- Ati Title
Fuina Benjamin J $900,000 Ati Title
Desert Winds Development Inc $285,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuina David $1,224,000
Previous Owner Fuina David $1,200,000
Previous Owner Fuina David $2,000,000
Previous Owner Desert Winds Development Inc $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2023 10/26/23 Sold $2,900,000 -12.1% $578 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
09/22/2023 09/22/23 Price Changed $3,300,000 -5.7% $658 / Sq Ft
07/22/2023 07/22/23 For Sale $3,500,000 +29.9% $698 / Sq Ft
07/15/2021 07/15/21 Sold $2,695,000 0.0% $537 / Sq Ft View Prior Sale
05/23/2021 05/23/21 Pending -- -- --
05/05/2021 05/05/21 Price Changed $2,695,000 +1.7% $537 / Sq Ft
05/05/2021 05/05/21 For Sale $2,650,000 0.0% $528 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $2,650,000 -- $528 / 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 $9,672 $157,274 -- --
2024 $8,518 $149,784 -- --
2023 $8,518 $211,120 $42,220 $168,900
2022 $8,147 $163,720 $32,740 $130,980
2021 $8,698 $147,910 $29,580 $118,330
2020 $8,639 $141,400 $28,280 $113,120
2019 $8,320 $117,360 $23,470 $93,890
2018 $9,870 $136,260 $27,250 $109,010
2017 $9,796 $138,310 $27,660 $110,650
2016 $9,578 $135,110 $27,020 $108,090
2015 $9,057 $135,110 $27,020 $108,090
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6583498

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-48-031

Your Personal Tour Guide

Ask me questions while you tour the home.