NOT LISTED FOR SALE

7128 E Balancing Rock Rd Scottsdale, AZ 85266

Desert Foothills Neighborhood

Estimated Value: $1,726,000 - $1,751,000

5 Beds
4.5 Baths
3,781 Sq Ft
$460/Sq Ft Est. Value

Last Sold November 16, 2017

Last sale price $820,000 $217 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $9,526/month

71 Days on Market

Highlights

  • Play Pool
  • Mountain View
  • Granite Countertops
  • Sonoran Trails Middle School Rated A-
  • Wood Flooring
  • Private Yard

About This Home

As of November 2017

Scottsdale Executive home situated in a tranquil community of only 24 homes surrounded by open space. TW Lewis built semi-custom property includes, detached casita,front exterior elevation with stone, gated courtyard and fountain. The newer kitchen is lined in granite counter tops, appointed with top of the line appliances and custom cabinetry plus a spacious sit up breakfast bar. The Great room features a gorgeous gas fireplace with stone and niches.It also has a wet bar and wine refrigerator! Stroll into the Split Master bedroom with large walk-in closet and separate exit to the patio space. Newer wood flooring inside & a resort backyard with Mtn. & natural desert views. Newly resurfaced custom designed pool/spa, firepit & BBQ area. Move in ready!!!!

Last Agent to Sell the Property

Andrew Bloom

Keller Williams Realty Sonoran Living License #SA110379000 Listed on: 07/31/2017

Keller Williams Realty Sonoran Living

Co-Listed By

David Van Omen

Keller Williams Realty Sonoran Living License #BR021743000

Last Buyer's Agent

Mark Ficklin

Arizona Best Real Estate License #SA525943000

Arizona Best Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,369

Year Built

  • Built in 2002

Lot Details

  • 0.76 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 3,781 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Solar Screens
  • Family Room with Fireplace
  • Mountain Views
  • Laundry in unit

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Fire Sprinkler System

Pool

  • Play Pool
  • Heated Spa

Outdoor Features

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

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Parkview Trails Association
  • Built by Montery
  • Peakview Trails Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 216-68-401

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,369

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Cross Street: SCOTTSDALE ROAD/ DYNAMITE BLVD
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 107.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2015
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2011
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Pool: Full
  • Items Updated Pool Yr Updated: 2015
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2002
  • Spa Private: Yes
  • Tax Year: 2016
  • Directions: North on Scottsdale Rd. to Peakview. Turn West on Peakview, take first right on 71st Pl. Head North to property.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.76
  • Co List Office Mls Id: kwaz10
  • Co List Office Phone: 480-767-3000
  • Subdivision Name: PEAKVIEW TRAILS
  • Architectural Style: Other (See Remarks)
  • Efficiency: Multi-Zones, Sunscreen(s)
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 323.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Fire Pit, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3781.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Playground, Patio, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Back
  • Pool Features: Play Pool, Heated, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Rental OK (See Rmks)
  • Association Fee Frequency: Quarterly
  • Association Name: ParkView Trails
  • Phone: 000-000-0000
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 360.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: ParkView Trails
  • Association Fees:HOA Telephone4: 000-000-0000
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 32994.0
  • Parcel #: 216-68-401
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Montery

Tax Info

  • Tax Annual Amount: 3369.0
  • Tax Book Number: 216.00
  • Tax Lot: 14
  • Tax Map Number: 68.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Chiti Robert A
Bought by
Chiti Robert A and Chiti Living Trust
Current Estimated Value
$1,738,500

Purchase Details

Listed on
Jul 31, 2017
Closed on
Oct 10, 2017
Sold by
Edmoundson Gregory A and Edmoundson Sharon L
Bought by
Chiti Robert A
Seller's Agent
Andrew Bloom
Keller Williams Realty Sonoran Living
Buyer's Agent
Mark Ficklin
Arizona Best Real Estate
List Price
$889,000
Sold Price
$820,000
Premium/Discount to List
-$69,000
-7.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$656,000
Outstanding Balance
$548,678
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,189,822

Purchase Details

Closed on
Feb 28, 2012
Sold by
Edmoundson Gregory A and Edmoundson Sharon L
Bought by
Edmoundson Gregory A and Edmoundson Sharon L

Purchase Details

Closed on
Jun 14, 2011
Sold by
Brockbank Maria
Bought by
Edmoundson Gregory A and Edmoundson Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2011
Sold by
Lynch Ronald R and Lynch Suzette
Bought by
Brockbank Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2004
Sold by
Lynch Ronald R
Bought by
Lynch Ronald R and Lynch Suzette

Purchase Details

Closed on
Jul 14, 2003
Sold by
Lynch Suzette
Bought by
Lynch Ronald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2002
Sold by
T W Lewis Peakview Trails Llc
Bought by
T W Lewis Company
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chiti Robert A -- None Available
Chiti Robert A $820,000 First American Title Insuran
Edmoundson Gregory A -- None Available
Edmoundson Gregory A $650,000 Security Title Agency
Brockbank Maria $542,600 Security Title Agency
Lynch Ronald R -- Guaranty Title Agency
Lynch Ronald R -- Chicago Title Insurance Co
Lynch Ronald R $631,353 Chicago Title Insurance Co
T W Lewis Company -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiti Robert A $656,000
Previous Owner Edmoundson Gregory A $350,000
Previous Owner Lynch Ronald R $505,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2017 11/16/17 Sold $820,000 -3.5% $217 / Sq Ft
09/28/2017 09/28/17 Price Changed $849,900 -2.2% $225 / Sq Ft
08/28/2017 08/28/17 Price Changed $869,000 -2.2% $230 / Sq Ft
07/31/2017 07/31/17 For Sale $889,000 -- $235 / 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 $3,712 $79,507 -- --
2024 $3,585 $75,721 -- --
2023 $3,585 $98,170 $19,630 $78,540
2022 $3,442 $75,300 $15,060 $60,240
2021 $3,823 $70,230 $14,040 $56,190
2020 $3,761 $64,180 $12,830 $51,350
2019 $3,642 $64,000 $12,800 $51,200
2018 $3,534 $61,620 $12,320 $49,300
2017 $3,390 $61,080 $12,210 $48,870
2016 $3,369 $60,060 $12,010 $48,050
2015 $3,203 $57,670 $11,530 $46,140
Source: Public Records

Agents Affiliated with this Home

  • Andrew Bloom

    Seller's Agent in 2017

    Andrew Bloom

    Keller Williams Realty Sonoran Living

    (602) 989-1287

    2 in this area

    299 Total Sales

    Andrew Bloom
    Section Image
  • David Van Omen

    Seller Co-Listing Agent in 2017

    David Van Omen

    Keller Williams Realty Sonoran Living

    (602) 509-8818

    69 Total Sales

    David Van Omen
    Section Image
  • Mark Ficklin

    Buyer's Agent in 2017

    Mark Ficklin

    Arizona Best Real Estate

    (480) 751-7377

    44 Total Sales

    Mark Ficklin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5640208

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-68-401

Arizona Maricopa County Scottsdale 85266 Desert Foothills

7128 E Balancing Rock Rd, Scottsdale, AZ

This home is located at 7128 E Balancing Rock Rd, Scottsdale, AZ 85266 since 31 July 2017 and is currently estimated at $1,738,500, approximately $459 per square foot. This property was built in 2002. 7128 E Balancing Rock Rd is a home located in Maricopa County with nearby schools including Desert Sun Academy, Sonoran Trails Middle School, and Cactus Shadows High 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

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