NOT LISTED FOR SALE

7240 E Sweetwater Ave Scottsdale, AZ 85260

Estimated Value: $2,566,000 - $2,935,000

5 Beds
4 Baths
5,950 Sq Ft
$473/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $3,000,000 $504 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $15,693/month

27 Days on Market

Highlights

  • Heated Pool
  • RV Garage
  • Contemporary Architecture
  • Sonoran Sky Elementary School Rated A
  • Solar Power System
  • Living Room with Fireplace

About This Home

As of March 2022

Your dream home and private luxury retreat in the heart of Scottsdale, and NO HOA. Magnificent oversized custom iron front door to an open living space with walls of disappearing sliding glass windows. Relax with a cool indoor/outdoor vibe. Resort style backyard with beautiful grass, heated rock waterfall salt pool, BBQ island, and plenty of shaded lounge areas. Soaring ceilings, graceful archways, and oversized rooms throughout. A Chef's dream kitchen overlooks the family room with wrap around windows to paradise. 4 bdrms on east wing with ALL walk-in closets and baths w/ jetted tubs, west wing has oversized 1 bdrm with lrg bath, & laundry. HUGE master bdrm & closet w/ wshr/dryr & spa like bathroom w/ jetted tub. Air-conditioned 8+garage for
the car aficionado 2 minutes from the best shopping and restaurants, Kierland, Scottsdale Quarter, Mayo Clinic, Movie theaters, 3 minutes from the 101

Olympic size saltwater filter system for the heated rock waterfall pool

8+ Garage which is fully air conditioned with 3 hydraulic lifts-1 in floor, 600-amp service, 220 power

Bar in front room has refrigerator, wine fridge, commercial grade icemaker, cabinets and wine racks.

Kitchen has 2 islands, white maple cabinets, all with soft close, large walk-in pantry, granite counter tops, premium stainless steel GE Monogram appliances, double oven, warming drawer, trash compactor, and dishwasher.

Home offers maple soft close cabinets and solid core hickory doors throughout the home. Plenty of cabinets and storage throughout the home.

Built with 2x6 construction with additional minimum 18" blown in insulation throughout.

2021 New Roof, 3 NEW 18 seer AC units, and 4 heat pumps for each section of the home.

100 owned solar panels were just installed along with a new roof to make sure it was correctly sealed.

Commercial grade plumbing throughout the home, 1.5" copper water supply, 8" drain lines, 2 hot water heaters with instant hot water (110-gallon commercial grade unit for main house and water softener).

New irrigation systems in front & back.

RV hook up onsite.

It would be easy to add a guest house in the West wing with plenty of room and very little expense.

Sellers are original owners, so plans are available.

Last Agent to Sell the Property

Nicole Kobey-Ryan

Realty Executives Arizona Territory License #SA652368000 Listed on: 01/21/2022

Realty Executives Arizona Territory

Last Buyer's Agent

Nicole Kobey-Ryan

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,682

Year Built

  • Built in 2005

Lot Details

  • 0.81 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

Parking

  • 8 Car Direct Access Garage
  • 5 Carport Spaces
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Tandem Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Garage

Home Design

  • Contemporary Architecture
  • Santa Barbara Architecture
  • Roof Updated in 2021
  • Foam Roof
  • Stucco

Interior Spaces

  • 5,950 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Triple Pane Windows
  • Wood Frame Window
  • Living Room with Fireplace
  • 2 Fireplaces
  • Security System Owned

Kitchen

  • Kitchen Updated in 2021
  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

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

Outdoor Features

  • Heated Pool
  • Covered Patio or Porch
  • Fire Pit
  • Outdoor Storage
  • Built-In Barbecue
  • Playground

Schools

  • Sonoran Sky Elementary School
  • Desert Shadows Middle School - Scottsdale
  • Horizon High School

Utilities

  • Central Air
  • Heating Available
  • High-Efficiency Water Heater
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Solar Power System
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Sweetwater Street East Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 175-04-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,682

Year Built

Built in 2005

Lot Details

0

Parking

8

Listing Details

  • Cross Street: Scottsdale and Cactus
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2019
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2021
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2021
  • Parking Spaces Total Covered Spaces: 13.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2021
  • Directions: North of Cactus on Scottsdale Road to Sweetwater, East on Sweetwater to home on the North side of the street.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.81
  • Subdivision Name: SWEETWATER STREET EAST
  • Architectural Style: Contemporary, Santa Barbara/Tuscan
  • Efficiency: Solar Panels, Water Heater
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Appliances: Electric Cooktop, Water Purifier
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit, 2 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 5950.0
  • Stories: 1
  • Window Features: Triple Pane Windows, Wood Frames
  • Kitchen Features:RangeOven Elec: Yes
  • 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:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Private Yard, Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated
  • Disclosures: Vicinity of an Airport
  • Construction Type: Stucco, Steel Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Construction:Frame - Metal: 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
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 13.0
  • Parking Features: Tandem Garage, RV Access/Parking, RV Gate, Garage Door Opener, Extended Length Garage, Direct Access, Circular Driveway, Attch'd Gar Cabinets, Over Height Garage, Separate Strge Area, Temp Controlled, RV Garage
  • Attached Garage: No
  • Carport Spaces: 5.0
  • Garage Spaces: 8.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:RV Gate: Yes
  • Parking Features:Temp Controlled: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:RV Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes
  • Parking Features:Circular Drive: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Sonoran Sky Elementary School
  • High School: Horizon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Desert Shadows Middle School - Scottsdale

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 35093.0
  • Parcel #: 175-04-042

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 8682.0
  • Tax Book Number: 175.00
  • Tax Lot: 39
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
8632 Re Ebg Llc
Bought by
Grunhut Joseph
Current Estimated Value
$2,812,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,210,000
Outstanding Balance
$2,171,326
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$641,258

Purchase Details

Closed on
Dec 23, 2022
Sold by
Grunhut Jacob
Bought by
8632 Re Ebg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,050,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 10, 2022
Sold by
Loomis Thomas R and Loomis Laura S
Bought by
Grunhut Jacob
Seller's Agent
Nicole Kobey-Ryan
Realty Executives Arizona Territory
Buyer's Agent
Nicole Kobey-Ryan
Realty Executives Arizona Territory
List Price
$2,800,000
Sold Price
$3,000,000
Premium/Discount to List
$200,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.81%
Original Mortgage
$2,050,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2006
Sold by
Kimbrough Laura S
Bought by
Loomis Thomas R and Kimbrough Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2006
Sold by
Kimbrough Thomas R and Kimbrough Laura S
Bought by
Kimbrough Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2006
Sold by
Loomis Thomas R
Bought by
Kimbrough Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2000
Sold by
Cisneros Hubert Dale and Cisneros Lucille L
Bought by
Loomis Thomas R and Kimbrough Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
9.99%
Mortgage Type
New Conventional
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
Grunhut Joseph -- Summit Settlement Services
8632 Re Ebg Llc -- Pioneer Title
Grunhut Jacob $3,000,000 Equity Title
Loomis Thomas R -- Capital Title Agency Inc
Kimbrough Laura S -- Capital Title Agency Inc
Kimbrough Laura S -- Capital Title Agency Inc
Loomis Thomas R $198,000 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grunhut Joseph $2,210,000
Previous Owner 8632 Re Ebg Llc $2,050,000
Previous Owner Grunhut Jacob $2,050,000
Previous Owner Loomis Thomas R $200,000
Previous Owner Kimbrough Laura S $200,000
Previous Owner Kimbrough Laura S $200,000
Previous Owner Loomis Thomas R $158,400
Closed Loomis Thomas R $29,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2022 03/26/22 Off Market $3,000,000 -- --
03/24/2022 03/24/22 Sold $3,000,000 +7.1% $504 / Sq Ft
03/22/2022 03/22/22 For Sale $2,800,000 0.0% $471 / Sq Ft
03/16/2022 03/16/22 Price Changed $2,800,000 0.0% $471 / Sq Ft
03/11/2022 03/11/22 Price Changed $2,800,000 0.0% $471 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $2,800,000 -- $471 / 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 $9,387 $105,940 -- --
2024 $8,650 $100,895 -- --
2023 $8,650 $150,120 $30,020 $120,100
2022 $8,517 $113,480 $22,690 $90,790
2021 $8,682 $102,000 $20,400 $81,600
2020 $8,423 $96,480 $19,290 $77,190
2019 $8,487 $96,220 $19,240 $76,980
2018 $8,239 $85,980 $17,190 $68,790
2017 $7,851 $84,610 $16,920 $67,690
2016 $7,757 $85,920 $17,180 $68,740
2015 $7,364 $88,270 $17,650 $70,620
Source: Public Records

Agents Affiliated with this Home

  • Nicole Kobey-Ryan

    Seller's Agent in 2022

    Nicole Kobey-Ryan

    Realty Executives

    (480) 330-4039

    24 Total Sales

    Nicole Kobey-Ryan
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6342282

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-04-042

Arizona Maricopa County Scottsdale 85260

7240 E Sweetwater Ave, Scottsdale, AZ

This home is located at 7240 E Sweetwater Ave, Scottsdale, AZ 85260 since 21 January 2022 and is currently estimated at $2,812,584, approximately $472 per square foot. This property was built in 2005. 7240 E Sweetwater Ave is a home located in Maricopa County with nearby schools including Sonoran Sky Elementary School, Desert Shadows Middle School, and Horizon 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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