$600,000
SOLD MAY 4, 2018

7222 E Gainey Ranch Rd Unit 245 Scottsdale, AZ 85258

Gainey Ranch Neighborhood
3 Beds
2 Baths
1,695 Sq Ft
$504/mo HOA Fee

Recently Sold

$354 Per Sq Ft

11% Below List Price

65 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Gated Parking
  • Cochise Elementary School Rated A
  • Gated with Attendant
  • Mountain View

About This Home

As of May 2018

$25,000 price drop... Gainey Ranch is more than just a home its a life style with countless restaurants, wine stores, clothing shops, golf & this is all just a quick walk across the street. This town-home sits right at the end of the 4th fairway with absolutely perfect views. The townhouse has been completely remodeled by Arnlund Design, no expense spared. The townhouse is currently set up as a seasonal rental at $6000 a month and comes with renters already for Jan-April 2018 and the income from them.

Last Agent to Sell the Property

Adrian Arnlund

HomeSmart Premier License #SA047504000 Listed on: 01/10/2018

HomeSmart Premier

Last Buyer's Agent

Christine Labelle

Compass License #SA558653000

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,038

Year Built

  • Built in 1991

Lot Details

  • 143 Sq Ft Lot
  • On Golf Course
  • Cul-De-Sac
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Permit Required
  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,695 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Two Way Fireplace
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 175-60-443

Community Details

Overview

  • Association fees include roof repair, insurance, pest control, cable TV, street maintenance, front yard maint, roof replacement, maintenance exterior
  • Gainey Ranch Association, Phone Number (480) 951-0321
  • Gainey Ranch (Oasis) Association, Phone Number (480) 951-0321
  • Association Phone (480) 951-0321
  • Gainey Ranch Subdivision
  • Community Lake

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,038

Year Built

Built in 1991

Lot Details

0

HOA Fees

$504 per month

Parking

2

Listing Details

  • Cross Street: Scottsdale Road & Doubletree Road (south of Shea)
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: Gainey Ranch (Oasis)
  • 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: 504.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1991
  • Tax Year: 2017
  • Directions: From Scottsdale Rd, go east on Doubletree Rd, north on Gainey Club Drive, west to Guard Shack
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: Gainey Ranch (Oasis)
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 291.0
  • Dining Area:Breakfast Bar: Yes
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Two Way Fireplace
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Double Vanity, Granite Counters
  • Living Area: 1695.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: 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
  • Community Features:Community Media Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Lake Subdivision: Yes
  • Fireplace:Two Way Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: On Golf Course, Cul-De-Sac, Grass Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Built-Up, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Unassigned, Gated, Permit Required
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Unassigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:PermitDecal Req_squote_d: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Security: Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Bus Stop, Lake Subdivision, Community Media Room, Guarded Entry, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Club, Membership Opt, Management, Rental OK (See Rmks)
  • Association #2 Fee: 213.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 291.0
  • Association Fee Frequency: Monthly
  • Association: Gainey Ranch (Oasis)
  • Association Name: Gainey Ranch
  • 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: Gainey Ranch
  • Association Fees:HOA Telephone4: 480-951-0321
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:HOA Paid Frequency 2: Monthly
  • 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

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Pest Control, Cable TV, Street Maint, Front Yard Maint, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Cochise Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 143.0
  • Parcel #: 175-60-443
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 3038.0
  • Tax Book Number: 175.00
  • Tax Lot: 57
  • Tax Map Number: 60.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2020
Sold by
Labelle Andrea Lee and Labelle Guy James
Bought by
Rpj Properties Llc
Current Estimated Value
$1,266,592

Purchase Details

Listed on
Jan 10, 2018
Closed on
Apr 16, 2018
Sold by
Devries Pamela J
Bought by
Labelle Andrea Lee and Labelle Guy James
Seller's Agent
Adrian Arnlund
HomeSmart Premier
Buyer's Agent
Christine Labelle
Compass
List Price
$674,900
Sold Price
$600,000
Premium/Discount to List
-$74,900
-11.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%

Purchase Details

Listed on
Aug 8, 2011
Closed on
Dec 19, 2012
Sold by
Devries Douglas
Bought by
Devries Pamela J
Seller's Agent
Frank Ellis
Coldwell Banker Realty
Buyer's Agent
Adrian Arnlund
HomeSmart Premier
List Price
$415,000
Sold Price
$445,000
Premium/Discount to List
$30,000
7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%

Purchase Details

Listed on
Aug 8, 2011
Closed on
Dec 13, 2012
Sold by
Williams Gloria J
Bought by
Devries Pamela J
Seller's Agent
Frank Ellis
Coldwell Banker Realty
Buyer's Agent
Adrian Arnlund
HomeSmart Premier
List Price
$415,000
Sold Price
$445,000
Premium/Discount to List
$30,000
7.23%

Purchase Details

Closed on
May 26, 2011
Sold by
Williams Tom W and Williams Gloria J
Bought by
Williams Tom W and Williams Gloria J

Purchase Details

Closed on
Dec 4, 2005
Sold by
Balz Wegwerth Klaus Walter and Balz Dulbach
Bought by
Williams Tom W and Williams Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 1993
Sold by
Pro Am Promotion Ag
Bought by
Overseas Tennis & Golf Consulting Ltd
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
Warranty Deed $675,000 Chicago Title Agency
Warranty Deed $600,000 Clear Title Agency Of Arizon
Interfamily Deed Transfer -- Chicago Title Agency Inc
Cash Sale Deed $445,000 Chicago Title Agency Inc
Interfamily Deed Transfer -- None Available
Warranty Deed $560,000 First American Title Ins Co
Cash Sale Deed $200,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $413,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $87,000 New Conventional
Previous Owner $159,700 Unknown
Previous Owner $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Rented $3,500 0.0% --
10/04/2019 10/04/19 Under Contract -- -- --
09/10/2019 09/10/19 For Rent $3,500 0.0% --
05/04/2018 05/04/18 Sold $600,000 -4.0% $354 / Sq Ft
02/21/2018 02/21/18 Price Changed $625,000 -3.1% $369 / Sq Ft
02/07/2018 02/07/18 Price Changed $645,000 -0.8% $381 / Sq Ft
01/19/2018 01/19/18 Price Changed $649,900 -3.7% $383 / Sq Ft
01/10/2018 01/10/18 For Sale $674,900 +51.7% $398 / Sq Ft
12/21/2012 12/21/12 Sold $445,000 +7.2% $263 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
06/17/2012 06/17/12 For Sale $415,000 0.0% $245 / Sq Ft
05/11/2012 05/11/12 Price Changed $415,000 0.0% $245 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
02/10/2012 02/10/12 Price Changed $415,000 -4.6% $245 / Sq Ft
08/08/2011 08/08/11 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 $3,437 $50,797 -- --
2024 $3,397 $48,378 -- --
2023 $3,397 $62,170 $12,430 $49,740
2022 $3,223 $52,620 $10,520 $42,100
2021 $3,424 $47,410 $9,480 $37,930
2020 $3,395 $44,280 $8,850 $35,430
2019 $3,276 $42,920 $8,580 $34,340
2018 $3,172 $39,370 $7,870 $31,500
2017 $3,038 $38,280 $7,650 $30,630
2016 $2,979 $40,860 $8,170 $32,690
2015 $2,835 $35,680 $7,130 $28,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5706879

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-60-443