NOT LISTED FOR SALE

7318 E Echo Ln Scottsdale, AZ 85258

McCormick Ranch Neighborhood

Estimated Value: $826,000 - $943,957

3 Beds
2.5 Baths
2,625 Sq Ft
$339/Sq Ft Est. Value

Last Sold January 12, 2015

Last sale price $342,500 $130 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $5,008/month

69 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • 1 Fireplace
  • Cochise Elementary School Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of January 2015

LOCATION, VALUE AND ONE of most desirable floor plans in the highly sought after Briarwood 6 neighborhood. This 2526 sq. ft. 3BD/2.5BA beauty has been refreshed with designer paint colors, new plush carpet, all new light fixtures and professionally painted cabinets throughout. This Patio Home is located near Gainey Ranch and the multi million dollar neighborhood of Paradise Valley Farms. Large open living room with soaring vaulted ceilings, breakfast room off kitchen with turret wood ceiling, oversized family room with beautiful built-in bookshelves, large master bedroom and private pool. Close to World Class golf, shopping, restaurants and the Scottsdale lifestyle. Land Lease equals lower price, lower taxes and more bang for your buck!!!

Last Agent to Sell the Property

Cindy Neel

Berkshire Hathaway HomeServices Arizona Properties License #SA635395000 Listed on: 09/27/2014

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Cindy Neel

Berkshire Hathaway HomeServices Arizona Properties License #SA635395000 Listed on: 09/27/2014

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,646

Year Built

  • Built in 1984

Lot Details

  • 8,045 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot
  • Land Lease of $110 per month

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,625 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Security System Owned

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Association fees include ground maintenance, front yard maint
  • Land Lease Info Association, Phone Number (480) 945-2681
  • Built by Malouf
  • Briarwood 6 Subdivision

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 174-27-312

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,646

Year Built

Built in 1984

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Cross Street: Scottsdale Road and Eastwood
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Leasehold
  • HOA #2: N
  • Association Fees Land Lease Fee: 109.78
  • Association Fees Land Lease Fee: Y
  • Land Lease Paid Frequency: Monthly
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 219.78
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2014
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2014
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2014
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2012
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1984
  • Tax Year: 2013
  • Directions: Turn east on Eastwood to N 72nd Way. Right on N 72nd Way to Echo Lane. Left on Echo Lane to 5th house on the left side of street.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.18
  • Subdivision Name: Briarwood 6
  • Architectural Style: Other (See Remarks)
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 110.0
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, No Interior Steps, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2625.0
  • Stories: 1
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Back, Grass Front
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Rental OK (See Rmks), Self Managed
  • Association Fee: 110.0
  • Association Fee Frequency: Monthly
  • Association Name: Briarwood 6
  • Phone: 480-229-9226
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Briarwood 6
  • Association Fees:HOA Telephone4: 480-229-9226
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Land Lease Info
  • Association Fees:HOA Management Phone: 480-945-2681
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

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 Amount Frequency: Monthly
  • Land Lease: Yes
  • Lot Size Sq Ft: 8045.0
  • Parcel #: 174-27-312
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Malouf

Rental Info

  • Land Lease Amount: 109.78

Tax Info

  • Tax Annual Amount: 1645.82
  • Tax Book Number: 174.00
  • Tax Lot: 100
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2014
Closed on
Jan 7, 2015
Sold by
Rummage James R
Bought by
Herzer David G and Herzer Vernelle A
Seller's Agent
Cindy Neel
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Cindy Neel
Berkshire Hathaway HomeServices Arizona Properties
List Price
$415,000
Sold Price
$342,500
Premium/Discount to List
-$72,500
-17.47%
Current Estimated Value
$890,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,989
Avg. Annual Appreciation
9.31%

Purchase Details

Closed on
Mar 12, 2004
Sold by
Rummage Robert E and Rummage Patricia N
Bought by
Rummage Robert E and Rummage Patricia N
Source: Public Records

Range of Values:

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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
Herzer David G $342,500 Stewart Title & Trust Of Pho
Rummage Robert E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2015 01/12/15 Sold $342,500 -7.2% $130 / Sq Ft
11/26/2014 11/26/14 Price Changed $369,000 -7.5% $141 / Sq Ft
10/15/2014 10/15/14 Price Changed $399,000 -3.9% $152 / Sq Ft
09/27/2014 09/27/14 For Sale $415,000 -- $158 / 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 $2,108 $36,499 -- --
2024 $2,060 $34,761 -- --
2023 $2,060 $55,950 $11,190 $44,760
2022 $1,956 $42,850 $8,570 $34,280
2021 $2,126 $39,120 $7,820 $31,300
2020 $2,107 $37,060 $7,410 $29,650
2019 $2,052 $32,580 $6,510 $26,070
2018 $2,003 $32,420 $6,480 $25,940
2017 $1,883 $30,970 $6,190 $24,780
2016 $1,835 $30,150 $6,030 $24,120
2015 $1,769 $29,720 $5,940 $23,780
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cindy Neel

    Berkshire Hathaway HomeServices Arizona Properties

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5177507

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-27-312

Arizona Maricopa County Scottsdale 85258 McCormick Ranch

7318 E Echo Ln, Scottsdale, AZ

This home is located at 7318 E Echo Ln, Scottsdale, AZ 85258 since 27 September 2014 and is currently estimated at $890,489, approximately $339 per square foot. This property was built in 1984. 7318 E Echo Ln 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

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