$975,000
SOLD OCT 23, 2019

Third Avenue Lofts 7301 E 3rd Ave Unit 401 Scottsdale, AZ 85251

Old Town Scottsdale Neighborhood
2 Beds
2.5 Baths
2,469 Sq Ft
$1,151/mo HOA Fee

Recently Sold

$395 Per Sq Ft

18% Below List Price

254 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Parking
  • Navajo Elementary School Rated A-
  • Unit is on the top floor
  • Gated Community

About This Home

As of February 2025

Outstanding upscale contemporary condo in this award winning building. Enjoy the 'Luxury Urban' lifestyle with minimal walking distance to Old Town Scottsdale. This immaculate residence boasts superb and modern touches, including a Gourmet kitchen, 20' high Master bedroom ceiling, sumptuous wood and tile flooring harmonized for Ultimate Loft Living! Enjoy the amazing 1200sf wrap around balcony with spectacular City Views. Comes with four reserved underground parking spaces + separate storage room. Concierge services, Fitness Center, Heated Pool/ Spa, Courtyard w/BBQ and F/place. This inspired and exciting architectural home has Upgraded Lighting, Electric Window coverings, Huge Marble kitchen counter-top and so much more! A true one-of-a-kind residence.

Last Agent to Sell the Property

Herbert Budwig

Realty ONE Group Brokerage Phone: 602-690-0110 License #SA637837000 Listed on: 07/12/2018

Co-Listed By

Jonathan Budwig

Realty ONE Group Brokerage Phone: 602-690-0110 License #SA643472000

Last Buyer's Agent

gennifer mickelson

Success Property Brokers License #SA528277000

Success Property Brokers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,490

Year Built

  • Built in 2005

Lot Details

  • 1 Common Wall
  • Wrought Iron Fence

HOA Fees

  • $1,151 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,469 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Mechanical Sun Shade
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Location

  • Unit is on the top floor
  • Property is near a bus stop

Schools

  • Navajo Elementary School
  • Mohave Middle School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 401
  • Assessor Parcel Number 173-51-175

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, cable TV, ground maintenance, front yard maint, trash, roof replacement, maintenance exterior
  • 3Rd Ave Lofts HOA, Phone Number (480) 551-4300
  • High-Rise Condominium
  • Built by Magellan
  • 3Rd Avenue Lofts Condominium Subdivision

Amenities

  • Concierge

Recreation

  • Community Spa

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,490

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,151 per month

Parking

4

Listing Details

  • Cross Street: Indian School & Buckboard
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 1151.02
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2005
  • Tax Year: 2017
  • Directions: East on Indian School. North on Buckboard to Property. Park curb side and enter on South of Building.
  • Attribution Contact: 602-690-0110
  • Property Sub Type: Apartment
  • Horses: No
  • Co List Office Mls Id: reog01
  • Co List Office Phone: 480-315-1240
  • Subdivision Name: 3RD AVENUE LOFTS CONDOMINIUM
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 1151.02
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Building Style:High Rise: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Master Downstairs, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2469.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Dual Pane, Mechanical Sun Shds, Tinted Windows
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Community Features:Near Bus Stop: Yes
  • Other Rooms:Loft: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Corner Lot
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Below
  • Construction Type: Brick Veneer, Stucco, Other, Painted
  • Patio And Porch Features: Patio
  • Roof: Concrete
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Gated, Garage Door Opener, Separate Strge Area, Assigned, Community Structure
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Community Structure: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Security: Fire Sprinkler System, Security System Owned, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa Htd, Community Pool, Near Bus Stop, Concierge, Fitness Center
  • Association Fee: 1151.02
  • Association Fee Frequency: Monthly
  • Association Name: 3RD AVE LOFTS HOA
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 155.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 3RD AVE LOFTS HOA
  • Association Fees:HOA Telephone4: (480) 551-4300
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2302.04
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Cable TV, Maintenance Grounds, Front Yard Maint, Trash, Roof Replacement, Maintenance Exterior

Schools

  • Elementary School: Navajo Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 173.0
  • Parcel #: 173-51-175

Building Info

  • Builder Name: Magellan

Tax Info

  • Tax Annual Amount: 6490.0
  • Tax Book Number: 173.00
  • Tax Lot: 401
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2024
Closed on
Feb 12, 2025
Sold by
Dorsam Properties Llc
Bought by
Aria David
Seller's Agent
Ashley Guyette
LUX AGENCY
Buyer's Agent
Ashley Guyette
LUX AGENCY
List Price
$1,295,000
Sold Price
$1,135,000
Premium/Discount to List
-$160,000
-12.36%
Views
73
Current Estimated Value
$1,190,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,331
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
May 20, 2024
Sold by
Herb Ronald B
Bought by
Dorsam Properties Llc

Purchase Details

Listed on
Jul 12, 2018
Closed on
Sep 5, 2019
Sold by
Sugar Larry
Bought by
Steele Jennifer
Seller's Agent
Herbert Budwig
Realty ONE Group
Buyer's Agent
gennifer mickelson
Success Property Brokers
List Price
$1,195,000
Sold Price
$975,000
Premium/Discount to List
-$220,000
-18.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$877,500
Interest Rate
7.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2019
Sold by
Gibbs Jjr Charles E and Charles E Gibbs Jr Trust
Bought by
Banarjee Mithun and Thiessen Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Interest Rate
7.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2008
Sold by
Third Avenue Lofts Llc
Bought by
Sugar Larry
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 Type Sale Price Title Company
Warranty Deed $1,135,000 Title Services Of The Valley
Trustee Deed $250,000 None Listed On Document
Warranty Deed $975,000 Security Title Agency Inc
Warranty Deed $730,000 First American Title Ins Co
Cash Sale Deed $1,250,000 Camelback Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Construction
Previous Owner $877,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2025 02/15/25 Sold $1,135,000 -12.4% $460 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
11/28/2024 11/28/24 For Sale $1,295,000 +32.8% $525 / Sq Ft
10/23/2019 10/23/19 Sold $975,000 0.0% $395 / Sq Ft
03/23/2019 03/23/19 Pending -- -- --
02/07/2019 02/07/19 Price Changed $975,000 -2.0% $395 / Sq Ft
12/28/2018 12/28/18 Price Changed $995,000 -0.5% $403 / Sq Ft
11/07/2018 11/07/18 Price Changed $1,000,000 -8.7% $405 / Sq Ft
09/13/2018 09/13/18 Price Changed $1,095,000 -8.4% $443 / Sq Ft
07/12/2018 07/12/18 For Sale $1,195,000 -- $484 / 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 $4,946 $105,160 -- --
2024 $6,536 $101,617 -- --
2023 $6,536 $99,300 $19,860 $79,440
2022 $6,170 $92,170 $18,430 $73,740
2021 $6,716 $90,910 $18,180 $72,730
2020 $6,652 $90,450 $18,090 $72,360
2019 $6,998 $89,900 $17,980 $71,920
2018 $6,776 $89,370 $17,870 $71,500
2017 $6,490 $84,280 $16,850 $67,430
2016 $6,364 $72,650 $14,530 $58,120
2015 $6,057 $88,520 $17,700 $70,820
Source: Public Records

Agents Affiliated with this Home

  • Ashley Guyette

    Seller's Agent in 2025

    Ashley Guyette

    LUX AGENCY

    (602) 321-2676

    1 in this area

    18 Total Sales

    Ashley Guyette
    Section Image

  • L

    Seller Co-Listing Agent in 2025

    Lindsay Alfred

    LUX AGENCY

    (480) 221-6558

    1 in this area

    20 Total Sales

    Lindsay Alfred
    Section Image
  • Herbert Budwig

    Seller's Agent in 2019

    Herbert Budwig

    Realty One Group

    (602) 690-0110

    36 Total Sales

    Herbert Budwig
    Section Image
  • Jonathan Budwig

    Seller Co-Listing Agent in 2019

    Jonathan Budwig

    Realty One Group

    (480) 797-8461

    102 Total Sales

    Jonathan Budwig
    Section Image
  • gennifer mickelson

    Buyer's Agent in 2019

    gennifer mickelson

    Success Property Brokers

    (623) 764-5566

    87 Total Sales

    gennifer mickelson
    Section Image
  • Larry Crider

    Buyer Co-Listing Agent in 2019

    Larry Crider

    Success Property Brokers

    (480) 563-9511

    94 Total Sales

    Larry Crider
    Section Image
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About Third Avenue Lofts

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5792647

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-51-175

Arizona Maricopa County Scottsdale 85251 Old Town Scottsdale

7301 E 3rd Ave Unit 401, Scottsdale, AZ

This home is located at 7301 E 3rd Ave Unit 401, Scottsdale, AZ 85251 and is currently priced at $975,000, approximately $394 per square foot. This property was built in 2005. 7301 E 3rd Ave Unit 401 is a home located in Maricopa County with nearby schools including Navajo Elementary School, Pueblo Elementary School, and Mohave Middle 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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