NOT LISTED FOR SALE

7254 E Royal Palm Rd Scottsdale, AZ 85258

McCormick Ranch Neighborhood

Estimated Value: $3,008,000 - $6,085,099

5 Beds
5.5 Baths
6,000 Sq Ft
$756/Sq Ft Est. Value

Last Sold March 16, 2024

Last sale price $6,800,000 $1,133 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $24,544/month

Highlights

  • Tennis Courts
  • Play Pool
  • Two Primary Bathrooms
  • Cochise Elementary School Rated A
  • 0.8 Acre Lot
  • Living Room with Fireplace

About This Home

As of March 2024

Complete in the next 30 Days - Experience unparalleled elegance in Paradise Valley Farms with this Toon Co Development new construction home, inspired by Ralph Lauren and Serena & Lily. Masterfully constructed, this 6,000 SF masterpiece showcases exquisite interior finishes and impeccable landscaping on a nearly acre-sized, perfectly flat lot. The residence features a thoughtful split-floor plan with 5 bedrooms, 5.5 bathrooms, a dedicated office, and a lounge area, all complemented by a spacious 4.5 car garage. With its North/South exposure, this 100% usable lot extends its luxury outdoors to a resort-like backyard, complete with an oversized pool and pickleball court. Perfect for families, this home combines easy, low-maintenance living with the convenience of a lock-and-leave lifestyle.

Last Agent to Sell the Property

Nicholas Toon

RETSY License #SA677990000 Listed on: 03/05/2024

RETSY

Co-Listed By

Anne Toon

RETSY License #SA661846000

Last Buyer's Agent

Thuy Pham

HomeSmart License #BR528938000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,357

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 0.8 Acre Lot
  • Block Wall Fence
  • Artificial Turf
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 4 Open Parking Spaces
  • 4.5 Car Garage
  • Electric Vehicle Home Charger
  • Garage ceiling height seven feet or more
  • Tandem Garage
  • Circular Driveway

Home Design

  • Designed by Dwell Boldly Architects
  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 6,000 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Two Way Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Wood Frame Window
  • Living Room with Fireplace
  • 3 Fireplaces
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Play Pool
  • Spa
  • Pool Pump

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue
  • Playground

Schools

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

Utilities

  • Central Air
  • Heating unit installed on the ceiling
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • ENERGY STAR Qualified Equipment

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 174-27-200

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Built by Pickled Brick LLC
  • Paradise Farms Subdivision

Recreation

  • Pickleball Courts
  • Sport Court
  • Handball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,357

Year Built

Built in 2024 | Under Construction

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Scottsdale Rd. & Royal Palm Rd.
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Dwell Boldly
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.5
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2024
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: Heading North on Scottsdale road, head right on Royal Palm Rd. Home is located on the north side of the street.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.8
  • Co List Office Mls Id: rets001
  • Co List Office Phone: 602-842-0000
  • Subdivision Name: PARADISE FARMS
  • New Construction: No
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 3+ Fireplace, Two Way Fireplace, Exterior Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Furnished(See Rmrks), No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 6000.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows, Wood Frames
  • Kitchen Features:RangeOven Gas: 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:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Built In Recycling: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Private Pickleball Court(s), Hand/Racquetball Cts, Misting System, Sport Court(s), Tennis Court(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Play Pool, Variable Speed Pump, Heated, Private
  • Disclosures: None
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted, Stone, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Under Construction
  • Roof: Tile, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: 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:Misting System: Yes
  • Exterior Features:Sport Court(s): Yes
  • Construction Status:Under Construction: Yes
  • Construction:Spray Foam Insulatn: Yes
  • Exterior Features:Tennis Court(s): Yes
  • Exterior Features:Private Pickleball Court(s): Yes
  • Exterior Features:HandRacquetball Cts: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 4.5
  • Parking Features: Tandem Garage, Circular Driveway, Over Height Garage, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 4.5
  • Open Parking Spaces: 4.0
  • Parking Features:Tandem Garage: Yes
  • Parking Features:Electric Vehicle Charging Station(s): Yes
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Circular Drive: Yes

Utilities

  • Cooling: Central Air, ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: Electric, Ceiling
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes

Condo/Co-op/Association

  • 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: 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: 35002.0
  • Parcel #: 174-27-200

Building Info

  • Builder Name: Pickled Brick LLC

Tax Info

  • Tax Annual Amount: 8357.0
  • Tax Book Number: 174.00
  • Tax Lot: 3
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Mar 15, 2024
Sold by
7254 E Royal Palm Rd Llc
Bought by
Stari Bar Llc
Seller's Agent
Nicholas Toon
RETSY
Buyer's Agent
Thuy Pham
HomeSmart
Sold Price
$6,800,000
Views
21
Current Estimated Value
$4,535,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,264,634
Avg. Annual Appreciation
-27.76%

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jul 13, 2022
Sold by
Lisiewski Jack A and Lisiewski Ann
Bought by
7254 E Royal Palm Rd Llc
Seller's Agent
Deborah Beede
Russ Lyon Sotheby's International Realty
Buyer's Agent
Nicholas Toon
RETSY
List Price
$1,750,000
Sold Price
$1,900,000
Premium/Discount to List
$150,000
8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
117.60%
Original Mortgage
$2,180,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stari Bar Llc $6,800,000 Premier Title Agency
7254 E Royal Palm Rd Llc $1,900,000 Premier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 7254 E Royal Palm Rd Llc $2,180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2024 03/16/24 Sold $6,800,000 +257.9% $1,133 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
07/28/2022 07/28/22 Sold $1,900,000 +8.6% $614 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $1,750,000 -- $566 / 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 $5,988 $88,502 -- --
2024 $8,357 $84,288 -- --
2023 $8,357 $151,950 $30,390 $121,560
2022 $7,329 $117,110 $23,420 $93,690
2021 $7,824 $110,070 $22,010 $88,060
2020 $7,751 $102,170 $20,430 $81,740
2019 $7,458 $101,170 $20,230 $80,940
2018 $7,203 $93,180 $18,630 $74,550
2017 $6,873 $92,170 $18,430 $73,740
2016 $6,728 $89,420 $17,880 $71,540
2015 $6,375 $79,520 $15,900 $63,620
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Toon

    Seller's Agent in 2024

    Nicholas Toon

    RETSY

    (480) 602-3888

    5 in this area

    82 Total Sales

    Nicholas Toon
    Section Image

  • A

    Seller Co-Listing Agent in 2024

    Anne Toon

    RETSY

    (602) 842-0000

    3 in this area

    42 Total Sales

    Anne Toon
    Section Image
  • Thuy Pham

    Buyer's Agent in 2024

    Thuy Pham

    HomeSmart

    (602) 999-9469

    3 in this area

    52 Total Sales

    Thuy Pham
    Section Image

  • S

    Buyer Co-Listing Agent in 2024

    Shirley Desear

    HomeSmart

    (480) 878-3000

    1 in this area

    20 Total Sales

    Shirley Desear
    Section Image
  • Deborah Beede

    Seller's Agent in 2022

    Deborah Beede

    Russ Lyon Sotheby's International Realty

    (602) 373-6353

    5 in this area

    58 Total Sales

    Deborah Beede
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6660450

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-27-200

Arizona Maricopa County Scottsdale 85258 McCormick Ranch

7254 E Royal Palm Rd, Scottsdale, AZ

This home is located at 7254 E Royal Palm Rd, Scottsdale, AZ 85258 since 05 March 2024 and is currently estimated at $4,535,366, approximately $755 per square foot. This property was built in 2024. 7254 E Royal Palm Rd is a home located in Maricopa County with nearby schools including Cochise Elementary School, Cocopah Middle School, and Chaparral 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

Nearby Homes