$408,000
SOLD FEB 12, 2016

7222 E Gainey Ranch Rd Unit 241 Scottsdale, AZ 85258

Gainey Ranch Neighborhood
2 Beds
2 Baths
1,695 Sq Ft
$286/mo HOA Fee

Recently Sold

$241 Per Sq Ft

6% Below List Price

38 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Unit is on the top floor
  • Cochise Elementary School Rated A
  • Gated with Attendant
  • Heated Spa

About This Home

As of February 2016

Remodeled 2 bedroom, 2 bath plus den unit in The Oasis ** Extremely light and bright ** Open great-room floor plan ** Granite counters, stainless appliances, plantation shutters and a 2-car garage ** This upstairs end unit has a large and private covered balcony ** This is the perfect vacation get-away just steps from the Gainey Ranch Golf Club, the Hyatt Hotel Resort, and the Shops At Gainey Village ** And you're automatically a member of Gainey's Estate Club with its heated Olympic pool and spa, its 7-court tennis center, its newly remodeled gym and fitness center, and its media room ** Come live the resort lifestyle in the Heart of Scottsdale at Gainey Ranch!

Last Agent to Sell the Property

Frank Ellis

Coldwell Banker Realty License #SA560015000 Listed on: 11/12/2015

Coldwell Banker Realty

Co-Listed By

Cecilia Ellis

Coldwell Banker Realty License #SA639927000

Last Buyer's Agent

Anita Sandeva

My Home Group Real Estate License #SA641089000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,489

Year Built

  • Built in 1991

Lot Details

  • End Unit
  • 1 Common Wall
  • Private Streets
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $286 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,695 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Two Way Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom

Pool

  • Heated Spa
  • Heated Pool

Schools

  • Cochise Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

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

Additional Features

  • Balcony
  • Unit is on the top floor

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 175-60-439

Community Details

Overview

  • Grca Association, Phone Number (480) 951-0321
  • Oasis HOA, Phone Number (480) 951-0321
  • Association Phone (480) 951-0321
  • Built by Markland
  • Gainey Ranch Subdivision, Casablanca Floorplan

Amenities

  • Clubhouse
  • Theater or Screening Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,489

Year Built

Built in 1991

Lot Details

0

HOA Fees

$286 per month

Parking

2

Listing Details

  • Cross Street: Scottsdale Rd & Doubletree Ranch Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2 Fee: 286.0
  • HOA #2 Name: Oasis HOA
  • HOA #2 Phone Number: 480-951-0321
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 492.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1991
  • Tax Year: 2015
  • Directions: East on Doubletree to Gainey Club Dr (1st traffic light) * Left turn & then another immediate left to the Gainey entrance gate * Thru gate & first right into the Oasis complex * Unit 241 on your left.
  • Master Model: Casablanca
  • Property Sub Type: Apartment Style/Flat
  • Co List Office Mls Id: tprg01
  • Co List Office Phone: 480-584-3311
  • Subdivision Name: GAINEY RANCH
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 206.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Two Way Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Walk-In Closet(s), Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, Intercom, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 1695.0
  • Stories: 2
  • Window Features: Skylight(s), Double Pane Windows
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Two Way Fireplace: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Misting System, Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Community, Heated, None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Below, End Unit
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Misting System: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned, Gated Community, Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Media Room, Guarded Entry, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 286.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: Oasis HOA
  • Association Name: GRCA
  • Association Phone #2: 480-951-0321
  • Phone: 480-951-0321
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: GRCA
  • Association Fees:HOA Telephone4: 480-951-0321
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2: 500.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: 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:Pest Control: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Schools

  • Elementary School: Cochise Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 155.0
  • Parcel #: 175-60-439
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Markland

Tax Info

  • Tax Annual Amount: 2489.0
  • Tax Book Number: 175.00
  • Tax Lot: 53
  • Tax Map Number: 60.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2015
Closed on
Jan 12, 2016
Sold by
Sanosian Shacke Kristina and Arabyan Vartan
Bought by
Arabyan Vartan
Seller's Agent
Frank Ellis
Coldwell Banker Realty
Buyer's Agent
Anita Sandeva
My Home Group Real Estate
List Price
$435,000
Sold Price
$408,000
Premium/Discount to List
-$27,000
-6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$367,200
Outstanding Balance
$293,994
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$735,923

Purchase Details

Closed on
Nov 30, 2009
Sold by
Arnlund Barbara A
Bought by
Doan Tung Thanh and Nguyen Jade

Purchase Details

Closed on
Oct 12, 2005
Sold by
Arnlund Barbara A
Bought by
Arnlund Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2005
Sold by
Arnlund Barbara A
Bought by
Arnlund Barbara A and The Barbara A Arnlund Living Trust

Purchase Details

Closed on
Apr 2, 2003
Sold by
Hess Charles E and Hess Lynda K
Bought by
Arnlund Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2001
Sold by
Laor Yehuda G and Laor Yona S
Bought by
Hess Charles E and Hess Lynda K

Purchase Details

Closed on
Jun 29, 1999
Sold by
Lavoy Mary M
Bought by
Laor Md Yehuda G and Laor Md Yona S

Purchase Details

Closed on
Jul 8, 1994
Sold by
Wise Zina A and Wise Shirley V
Bought by
Lavoy Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.25%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Old Republic Title Agency
Warranty Deed $408,000 Old Republic Title Agency
Cash Sale Deed $340,000 Great American Title Agency
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $280,000 Security Title Agency
Cash Sale Deed $262,000 Arizona Title Agency Inc
Cash Sale Deed $250,000 Lawyers Title Of Arizona Inc
Warranty Deed $190,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,200 New Conventional
Previous Owner $400,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $400,000 Unknown
Previous Owner $190,000 Credit Line Revolving
Previous Owner $295,000 New Conventional
Previous Owner $290,000 Unknown
Previous Owner $224,000 New Conventional
Previous Owner $152,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $1,050,000 0.0% $619 / Sq Ft
09/27/2024 09/27/24 Rented $4,100 0.0% --
09/03/2024 09/03/24 Under Contract -- -- --
08/16/2024 08/16/24 Price Changed $4,100 -2.4% $2 / Sq Ft
08/08/2024 08/08/24 Price Changed $4,200 -6.7% $2 / Sq Ft
07/08/2024 07/08/24 For Rent $4,500 0.0% --
02/12/2016 02/12/16 Sold $408,000 -6.2% $241 / Sq Ft
01/21/2016 01/21/16 Price Changed $435,000 0.0% $257 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
11/09/2015 11/09/15 For Sale $435,000 -- $257 / 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 $2,435 $44,589 -- --
2024 $2,488 $42,465 -- --
2023 $2,488 $53,500 $10,700 $42,800
2022 $2,368 $45,170 $9,030 $36,140
2021 $2,569 $39,570 $7,910 $31,660
2020 $2,546 $36,750 $7,350 $29,400
2019 $2,469 $36,110 $7,220 $28,890
2018 $2,412 $35,110 $7,020 $28,090
2017 $2,276 $33,960 $6,790 $27,170
2016 $2,231 $36,680 $7,330 $29,350
2015 $2,489 $31,000 $6,200 $24,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5361426

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-60-439