NOT LISTED FOR SALE

7240 N Dreamy Draw Dr Unit 106 Phoenix, AZ 85020

Camelback East Village Neighborhood

Estimated Value: $545,000 - $572,000

2 Beds
2.5 Baths
2,208 Sq Ft
$330/mo HOA Fee

Last Sold December 20, 2022

Last sale price $505,000 $229 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,609/month

155 Days on Market

Highlights

  • Gated Community
  • 1 Fireplace
  • Community Pool
  • Madison Heights Elementary School Rated A-
  • Granite Countertops
  • 1-minute walk to Sumida Park

About This Home

As of December 2022

Come see this charming 2 bedroom, 2 full and 1 half bathroom home now on the market! The kitchen is equipped with updated countertops, ample cabinets, and breakfast bar. Flow into the living room featuring a cozy fireplace, perfect for entertaining. The primary bedroom features plush carpet, a spacious closet, and an en-suite bathroom with dual sinks. Entertain on the covered back patio, perfect for barbecues. Hurry, this won't last long!

Last Agent to Sell the Property

Eric Tamayo

Opendoor Brokerage, LLC Brokerage Email: homes@opendoor.com License #SA692411000 Listed on: 06/21/2022

Co-Listed By

Tiffany Hopkins

Opendoor Brokerage, LLC Brokerage Email: homes@opendoor.com License #BR662490000

Last Buyer's Agent

Nili Neuman

HomeSmart License #SA578495000

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,692

Year Built

  • Built in 1998

Lot Details

  • Desert faces the front of the property
  • Wood Fence

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms

Schools

  • Madison Heights Elementary School
  • Madison #1 Middle School
  • Camelback High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 164-24-131

Community Details

Overview

  • Association fees include ground maintenance
  • The Legends At Dream Association, Phone Number (602) 294-0999
  • Legends At Dreamy Draw Condominium Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,692

Year Built

Built in 1998

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 330.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2021
  • Attribution Contact: homes@opendoor.com
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.05
  • Co List Office Mls Id: opbr001
  • Co List Office Phone: 480-462-5392
  • Subdivision Name: LEGENDS AT DREAMY DRAW CONDOMINIUM
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Owner
  • Association Fees:HOA Fee2: 330.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Full Bth Master Bdrm, Granite Counters
  • Living Area: 2208.0
  • Stories: 2
  • ResoLivingAreaSource: Owner
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Wood
  • Lot Features: Desert Front, Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Community Pool
  • Amenities: Management
  • Association Fee: 330.0
  • Association Fee Frequency: Monthly
  • Association Name: The Legends at Dream
  • Phone: 602-294-0999
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: The Legends at Dream
  • Association Fees:HOA Telephone4: 602-294-0999
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 660.0
  • Association Fees:Disclosure Fees HOA: 322.0
  • Association Fees:Other Fees HOA: 23.0
  • Association Fees:Other Fees Description: HWD
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Madison Heights Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2261.0
  • Parcel #: 164-24-131
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unkown

Tax Info

  • Tax Annual Amount: 2692.0
  • Tax Book Number: 164.00
  • Tax Lot: 6
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Dec 20, 2022
Sold by
Opendoor Property Trust
Bought by
Neuman Dan
Seller's Agent
Eric Tamayo
Opendoor Brokerage, LLC
Buyer's Agent
Nili Neuman
HomeSmart
List Price
$650,000
Sold Price
$505,000
Premium/Discount to List
-$145,000
-22.31%
Views
11
Current Estimated Value
$558,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,695
Avg. Annual Appreciation
3.87%
Original Mortgage
$250,000
Outstanding Balance
$243,485
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$315,210

Purchase Details

Closed on
May 18, 2022
Sold by
Stephanie Kelman
Bought by
Opendoor Property Trust

Purchase Details

Listed on
Sep 28, 2013
Closed on
Nov 20, 2013
Sold by
Forde Pierce D
Bought by
Kelman Stephanie
Seller's Agent
Michele Woods
HomeSmart
Buyer's Agent
Jennifer Udd
Russ Lyon Sotheby's International Realty
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$237,600
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2009
Sold by
Forde Pierce D
Bought by
Forde Pierce D and Forde Pierce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,760
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2004
Sold by
Ryan Jane M
Bought by
Forde Pierce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1998
Sold by
Legend Development Llc
Bought by
Ryan Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,150
Interest Rate
7.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Neuman Dan $505,000 Os National
Opendoor Property Trust $636,600 Magnus Title
Kelman Stephanie $300,000 Equity Title Agency Inc
Forde Pierce D -- Security Title Agency
Forde Pierce D $305,000 Fidelity National Title
Ryan Jane M $267,951 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neuman Dan $250,000
Previous Owner Kelman Stephanie $212,000
Previous Owner Kelman Stephanie $237,600
Previous Owner Forde Pierce D $268,760
Previous Owner Forde Pierce D $244,000
Previous Owner Ryan Jane M $241,150
Closed Forde Pierce D $45,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $505,000 -1.6% $229 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/16/2022 11/16/22 Price Changed $513,000 -1.2% $232 / Sq Ft
10/06/2022 10/06/22 Price Changed $519,000 -3.2% $235 / Sq Ft
09/15/2022 09/15/22 Price Changed $536,000 -1.5% $243 / Sq Ft
08/11/2022 08/11/22 Price Changed $544,000 -5.9% $246 / Sq Ft
07/29/2022 07/29/22 Price Changed $578,000 -5.6% $262 / Sq Ft
07/14/2022 07/14/22 Price Changed $612,000 -5.7% $277 / Sq Ft
07/01/2022 07/01/22 Price Changed $649,000 -0.2% $294 / Sq Ft
06/21/2022 06/21/22 For Sale $650,000 0.0% $294 / Sq Ft
05/19/2018 05/19/18 Rented $2,100 +5.0% --
05/10/2018 05/10/18 Under Contract -- -- --
05/10/2018 05/10/18 For Rent $2,000 +5.3% --
11/01/2015 11/01/15 Rented $1,900 -5.0% --
09/20/2015 09/20/15 Price Changed $2,000 -20.0% $1 / Sq Ft
09/18/2015 09/18/15 For Rent $2,500 0.0% --
12/09/2013 12/09/13 Sold $300,000 -3.2% $133 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
09/29/2013 09/29/13 Price Changed $310,000 +3.3% $137 / Sq Ft
09/28/2013 09/28/13 For Sale $300,000 -- $133 / 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 $2,808 $25,752 -- --
2024 $2,726 $24,525 -- --
2023 $2,726 $45,450 $9,090 $36,360
2022 $3,020 $35,530 $7,100 $28,430
2021 $2,692 $35,110 $7,020 $28,090
2020 $2,649 $35,120 $7,020 $28,100
2019 $2,589 $32,560 $6,510 $26,050
2018 $2,521 $30,660 $6,130 $24,530
2017 $2,393 $27,980 $5,590 $22,390
2016 $2,306 $28,550 $5,710 $22,840
2015 $2,146 $31,070 $6,210 $24,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6420979

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-24-131