$435,000
SOLD JUN 26, 2025

7240 N Dreamy Draw Dr Unit 113 Phoenix, AZ 85020

Camelback East Village Neighborhood
2 Beds
2.5 Baths
2,209 Sq Ft
3,489 Sq Ft Lot

Recently Sold

$197 Per Sq Ft

24% Below List Price

291 Days on Market

Highlights

  • Gated Community
  • 1 Fireplace
  • Covered Patio or Porch
  • Madison Heights Elementary School Rated A-
  • Community Pool
  • 1-minute walk to Sumida Park

About This Home

As of June 2025

BRING US YOUR OFFER! Welcome to 7240 N. Dreamy Draw Drive, Unit 113, a detached home with incredible potential located in the desirable Legends at Dreamy Draw community. This 2 bedroom, 2 bathroom plus Loft property offers over 2,200 square feet of living space and is ready for your personal touch. Step inside to discover an inviting interior featuring a spacious and functional layout, high ceilings, and an abundance of natural light. The living spaces are thoughtfully designed to provide a warm and welcoming atmosphere. The well-appointed kitchen is equipped with matching appliances, granite countertops, and ample cabinet space. Perfect for preparing meals and entertaining guests. Step outside to your private patio, where you can enjoy your morning coffee, it's the perfect spot for outdoor relaxation. Residents of this community also enjoy amenities such as gated access, a sparkling swimming pool, and well-maintained common areas. The community is designed to offer a resort-like living experience while offering easy access to shopping, dining, entertainment, and outdoor recreation. Enjoy the best of Phoenix living with the tranquility of a picturesque neighborhood.

Last Agent to Sell the Property

Bradley Stewart

eXp Realty License #SA660377000 Listed on: 08/01/2024

eXp Realty

Last Buyer's Agent

Keith Grayson

Grayson Real Estate License #BR636932000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,737

Year Built

  • Built in 1998

Lot Details

  • 3,489 Sq Ft Lot
  • Block Wall Fence

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,209 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Security System Owned
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 164-24-138

Community Details

Overview

  • Association fees include ground maintenance, (see remarks), street maintenance, trash, water
  • Golden Valley Association, Phone Number (602) 294-0999
  • Legends At Dreamy Draw Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,737

Year Built

Built in 1998

Lot Details

0

HOA Fees

$345 per month

Parking

2

Listing Details

  • Cross Street: glendale/ 16th st.
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 345.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1998
  • Tax Year: 2023
  • Directions: east on glendale to 17th st.-north-turns into dreamy draw-gate on west side.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.08
  • Subdivision Name: LEGENDS AT DREAMY DRAW
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 345.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Upstairs, Eat-in Kitchen, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2209.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Kitchen Features:RangeOven Gas: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Loft: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony
  • Lot Features: Dirt Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: No Common Walls
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric, 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
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa Htd, Community Pool
  • Association Fee: 345.0
  • Association Fee Frequency: Monthly
  • Association Name: Legend @ Dreamy Draw
  • Phone: 602-294-0999
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Legend @ Dreamy Draw
  • 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: 690.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Golden Valley
  • Association Fees:HOA Management Phone: 602-294-0999
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Other (See Remarks)5: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other (See Remarks), Street Maint, Trash, Water

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: 3489.0
  • Parcel #: 164-24-138

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 2737.0
  • Tax Book Number: 164.00
  • Tax Lot: 13
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Jun 16, 2025
Sold by
John And Nancy L Fahrendorf Revocable Tr and Fahrendorf Nancy L
Bought by
Morse Jill Colleen
Seller's Agent
Bradley Stewart
eXp Realty
Buyer's Agent
Keith Grayson
Grayson Real Estate
List Price
$568,999
Sold Price
$435,000
Premium/Discount to List
-$133,999
-23.55%
Views
203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.32%
Original Mortgage
$315,000
Outstanding Balance
$315,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$169,493

Purchase Details

Closed on
Mar 29, 2021
Sold by
Fahrendorf John E and Fahrendorf Nancy L
Bought by
Fahrendorf John E and Fahrendorf Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,900
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2020
Sold by
Fahrendorf John E and Fahrendorf Nancy L
Bought by
John And Nancy Revocable Trust

Purchase Details

Closed on
Jun 24, 2003
Sold by
Piggott Pamela
Bought by
Fahrendorf John E and Fahrendorf Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 7, 2000
Sold by
Lal Eric
Bought by
Piggott Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,300
Interest Rate
7.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2000
Sold by
Lal Amanda Charlene Irvine and Lal Amanda C
Bought by
Lal Eric

Purchase Details

Closed on
Apr 2, 1998
Sold by
Legend Development Llc
Bought by
Lal Eric and Lal Amanda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

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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 $435,000 Pioneer Title Agency
Interfamily Deed Transfer -- Grand Canyon Ttl Agcy A Div
Interfamily Deed Transfer -- Grand Canyon Ttl Agcy A Div
Warranty Deed -- None Available
Cash Sale Deed $255,000 Guaranty Title Agency
Warranty Deed $227,700 North American Title Agency
Interfamily Deed Transfer -- North American Title Agency
Warranty Deed $248,390 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Previous Owner $233,900 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $245,000 New Conventional
Previous Owner $244,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $110,000 Unknown
Previous Owner $216,300 New Conventional
Previous Owner $208,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Sold $435,000 -3.3% $197 / Sq Ft
05/01/2025 05/01/25 Price Changed $449,999 -9.9% $204 / Sq Ft
04/24/2025 04/24/25 Price Changed $499,500 0.0% $226 / Sq Ft
04/17/2025 04/17/25 Price Changed $499,550 0.0% $226 / Sq Ft
04/10/2025 04/10/25 Price Changed $499,600 0.0% $226 / Sq Ft
04/03/2025 04/03/25 Price Changed $499,650 0.0% $226 / Sq Ft
03/27/2025 03/27/25 Price Changed $499,700 0.0% $226 / Sq Ft
03/20/2025 03/20/25 Price Changed $499,750 0.0% $226 / Sq Ft
03/13/2025 03/13/25 Price Changed $499,799 0.0% $226 / Sq Ft
03/06/2025 03/06/25 Price Changed $499,800 0.0% $226 / Sq Ft
02/27/2025 02/27/25 Price Changed $499,849 -90.0% $226 / Sq Ft
02/27/2025 02/27/25 Price Changed $4,998,949 +900.0% $2,263 / Sq Ft
02/20/2025 02/20/25 Price Changed $499,899 0.0% $226 / Sq Ft
02/14/2025 02/14/25 Price Changed $499,949 0.0% $226 / Sq Ft
02/06/2025 02/06/25 Price Changed $499,999 -3.8% $226 / Sq Ft
01/31/2025 01/31/25 Price Changed $519,650 0.0% $235 / Sq Ft
01/23/2025 01/23/25 Price Changed $519,700 0.0% $235 / Sq Ft
01/09/2025 01/09/25 Price Changed $519,750 0.0% $235 / Sq Ft
10/31/2024 10/31/24 Price Changed $519,800 0.0% $235 / Sq Ft
10/25/2024 10/25/24 Price Changed $519,850 0.0% $235 / Sq Ft
10/17/2024 10/17/24 Price Changed $519,900 0.0% $235 / Sq Ft
10/10/2024 10/10/24 Price Changed $519,950 0.0% $235 / Sq Ft
10/03/2024 10/03/24 Price Changed $519,999 -2.8% $235 / Sq Ft
09/26/2024 09/26/24 Price Changed $534,900 0.0% $242 / Sq Ft
09/19/2024 09/19/24 Price Changed $534,950 0.0% $242 / Sq Ft
09/05/2024 09/05/24 Price Changed $535,000 -5.1% $242 / Sq Ft
08/30/2024 08/30/24 Price Changed $563,800 0.0% $255 / Sq Ft
08/22/2024 08/22/24 Price Changed $563,850 0.0% $255 / Sq Ft
08/15/2024 08/15/24 Price Changed $563,900 -0.9% $255 / Sq Ft
08/08/2024 08/08/24 Price Changed $568,949 0.0% $258 / Sq Ft
08/01/2024 08/01/24 For Sale $568,999 -- $258 / 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 $2,819 $25,857 -- --
2024 $2,737 $24,626 -- --
2023 $2,737 $45,450 $9,090 $36,360
2022 $2,650 $35,550 $7,110 $28,440
2021 $2,703 $35,120 $7,020 $28,100
2020 $2,660 $35,260 $7,050 $28,210
2019 $2,599 $32,310 $6,460 $25,850
2018 $2,531 $30,400 $6,080 $24,320
2017 $2,403 $27,470 $5,490 $21,980
2016 $2,316 $28,220 $5,640 $22,580
2015 $2,155 $30,650 $6,130 $24,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6738480

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-24-138