NOT LISTED FOR SALE

7226 E Cortez Rd Scottsdale, AZ 85260

Estimated Value: $772,000 - $1,127,000

5 Beds
4 Baths
3,078 Sq Ft
$328/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $1,000,000 $325 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,924/month

184 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Heated Community Pool
  • Sequoya Elementary School Rated A
  • Santa Barbara Architecture
  • Covered Patio or Porch

About This Home

As of April 2024

Newly Updated Move-in Ready Home in the Desirable, Gated Community of Sterling Place in the Heart of Scottsdale! Offering 5 Bedrooms, 4 Bathrooms and nearly 3,100 Sq Ft, this residence offers a light and bright open floor plan, low maintenance backyard, and spacious kitchen with stainless steel appliances! This property is only a few minutes away from the Kierland Commons, Scottsdale Quarter and the best shopping, dining and entertainment in Scottsdale.

Last Agent to Sell the Property

Josh Peters

Realty ONE Group Brokerage Phone: 480-788-7556 License #SA640957000 Listed on: 09/19/2023

Realty ONE Group

Co-Listed By

Monroe Zuber

Realty ONE Group Brokerage Phone: 480-788-7556 License #SA678963000

Last Buyer's Agent

Joe Bourland

eXp Realty License #SA531657000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,955

Year Built

  • Built in 1998

Lot Details

  • 6,393 Sq Ft Lot
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Artificial Turf
  • Grass Covered Lot

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Santa Barbara Architecture
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 3,078 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Sequoya Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 175-27-081

Community Details

Overview

  • Association fees include ground maintenance, street maintenance, front yard maint, trash
  • Sterling Place Association, Phone Number (480) 355-1190
  • Built by A F Sterling
  • Sterling Place Subdivision

Recreation

  • Heated Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,955

Year Built

Built in 1998

Lot Details

0

HOA Fees

$298 per month

Parking

2

Listing Details

  • Cross Street: Scottsdale Rd & Cholla St
  • 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: 298.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2022
  • Directions: From Scottsdale Rd & Cholla, go East on Cholla and make the first left going North into the gated community, Sterling Place. Go North to Cortez Rd and continue to the property on the right hand side.
  • Attribution Contact: 480-788-7556
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: reog08
  • Co List Office Phone: 602-953-4000
  • Subdivision Name: STERLING PLACE
  • Architectural Style: Santa Barbara/Tuscan
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 298.0
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3078.0
  • Stories: 2
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Private Street(s)
  • Lot Features: Cul-De-Sac, Grass Front, Synthetic Grass Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Pool Htd
  • Association Fee: 298.0
  • Association Fee Frequency: Monthly
  • Association Name: Sterling Place
  • Phone: 480-355-1190
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Sterling Place
  • Association Fees:HOA Telephone4: 480 355-1190
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Prepaid Association Fees HOA: 298.0
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fees:Other Fees Description: 0.05% of Sales Price for Reserve Fund
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint, Front Yard Maint, Trash

Schools

  • Elementary School: Sequoya 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: 6393.0
  • Parcel #: 175-27-081

Building Info

  • Builder Name: A F Sterling

Tax Info

  • Tax Annual Amount: 2955.0
  • Tax Book Number: 175.00
  • Tax Lot: 31
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Apr 26, 2024
Sold by
Luxscottsdale Llc
Bought by
Garrett Stephen D and Garrett Sheryl
Seller's Agent
Josh Peters
Realty ONE Group
Buyer's Agent
Joe Bourland
eXp Realty
List Price
$1,075,000
Sold Price
$1,000,000
Premium/Discount to List
-$75,000
-6.98%
Views
231
Current Estimated Value
$1,011,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,090
Avg. Annual Appreciation
2.98%
Original Mortgage
$900,000
Outstanding Balance
$891,216
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$151,412

Purchase Details

Listed on
Mar 1, 2022
Closed on
Jun 22, 2022
Sold by
Breger Jacqueline S
Bought by
Luxscottsdale Llc
Seller's Agent
Marianne Taback
HomeSmart Realty
Buyer's Agent
William Hannen
Platinum Living Realty
List Price
$1,278,000
Sold Price
$950,000
Premium/Discount to List
-$328,000
-25.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Original Mortgage
$712,500
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2022
Closed on
Jun 14, 2022
Sold by
Kevin Breger
Bought by
Breger Jacqueline S
Seller's Agent
Marianne Taback
HomeSmart Realty
Buyer's Agent
William Hannen
Platinum Living Realty
List Price
$1,278,000
Sold Price
$950,000
Premium/Discount to List
-$328,000
-25.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2004
Sold by
Oddo John and Oddo Livia
Bought by
Breger Kevin and Breger Jacqueline S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2003
Sold by
Atwell Enterprises Inc
Bought by
Oddo John and Oddo Livia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 17, 1998
Sold by
Scotia Joint Venture
Bought by
Atwell Enterprises Inc

Purchase Details

Closed on
Mar 12, 1997
Sold by
Stardust Development Inc
Bought by
Scotia Joint Venture

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
7.74%
Source: Public Records

Range of Values:

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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
Garrett Stephen D $1,000,000 Fidelity National Title Agency
Luxscottsdale Llc $950,000 New Title Company Name
Breger Jacqueline S -- New Title Company Name
Breger Kevin $439,000 Transnation Title
Oddo John -- Transnation Title Insurance
Atwell Enterprises Inc $300,000 Fidelity Title
Scotia Joint Venture $154,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrett Stephen D $900,000
Previous Owner Luxscottsdale Llc $712,500
Previous Owner Breger Kevin $333,700
Previous Owner Scotia Joint Venture $10,000,000
Closed Breger Kevin $61,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $1,000,000 -3.8% $325 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
02/23/2024 02/23/24 Price Changed $1,039,000 -1.0% $338 / Sq Ft
02/11/2024 02/11/24 Price Changed $1,050,000 -2.3% $341 / Sq Ft
01/15/2024 01/15/24 Price Changed $1,075,000 0.0% $349 / Sq Ft
01/15/2024 01/15/24 For Sale $1,075,000 +7.5% $349 / Sq Ft
11/28/2023 11/28/23 Off Market $1,000,000 -- --
11/12/2023 11/12/23 Price Changed $1,044,000 -0.5% $339 / Sq Ft
11/01/2023 11/01/23 Price Changed $1,049,000 -2.4% $341 / Sq Ft
10/18/2023 10/18/23 Price Changed $1,075,000 -2.2% $349 / Sq Ft
10/02/2023 10/02/23 Price Changed $1,099,000 -4.4% $357 / Sq Ft
09/20/2023 09/20/23 For Sale $1,149,000 0.0% $373 / Sq Ft
10/15/2022 10/15/22 Rented $5,500 -4.3% --
10/07/2022 10/07/22 Under Contract -- -- --
10/03/2022 10/03/22 Price Changed $5,750 -4.1% $2 / Sq Ft
09/23/2022 09/23/22 Price Changed $5,995 -3.3% $2 / Sq Ft
09/16/2022 09/16/22 Price Changed $6,200 -4.6% $2 / Sq Ft
09/05/2022 09/05/22 For Rent $6,500 0.0% --
06/30/2022 06/30/22 Sold $950,000 -11.9% $309 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/10/2022 05/10/22 Price Changed $1,078,000 -8.5% $350 / Sq Ft
03/27/2022 03/27/22 Price Changed $1,178,000 -7.8% $383 / Sq Ft
02/20/2022 02/20/22 For Sale $1,278,000 -- $415 / 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 $3,174 $55,632 -- --
2024 $3,121 $52,983 -- --
2023 $3,121 $71,880 $14,370 $57,510
2022 $2,955 $58,430 $11,680 $46,750
2021 $3,206 $53,610 $10,720 $42,890
2020 $3,177 $52,160 $10,430 $41,730
2019 $3,080 $50,270 $10,050 $40,220
2018 $3,010 $48,300 $9,660 $38,640
2017 $2,840 $43,950 $8,790 $35,160
2016 $2,783 $45,650 $9,130 $36,520
2015 $2,674 $45,910 $9,180 $36,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6607125

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-27-081