$840,000
SOLD JUN 4, 2025

7318 E Palo Verde Dr Unit 7 Scottsdale, AZ 85250

Indian Bend Neighborhood
3 Beds
2 Baths
1,510 Sq Ft
$310/mo HOA Fee

Recently Sold

$556 Per Sq Ft

4% Below List Price

67 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Community Pool
  • Kiva Elementary School Rated A
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of June 2025

Exquisite Fully Renovated Scottsdale Home with Luxury Finishes nestled in the heart of Scottsdale, this stunning, fully renovated 2025 residence offers the perfect blend of modern elegance and timeless craftsmanship. Every detail has been thoughtfully designed, from the Stella Bay hardwood floors to the custom wood cabinetry & Dolomite Alba Pietra countertops throughout the residence that adds warmth and sophistication throughout the home.

Step inside to discover an open-concept floor plan, bathed in natural light with soaring ceilings. The gourmet kitchen is a chef's dream, featuring handcrafted wood cabinets, high-end stainless steel appliances, and a spacious peninsula perfect for entertaining. Truly a needle in a haystack for this Palo Verde Community!

Last Agent to Sell the Property

Bo Patrick

W and Partners, LLC License #SA650000000 Listed on: 02/20/2025

W and Partners, LLC

Co-Listed By

Jordan Hoh

W and Partners, LLC License #SA697174000

Last Buyer's Agent

Sierra Allegretto

Russ Lyon Sotheby's International Realty License #BR677985000

Russ Lyon Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,444

Year Built

  • Built in 1980

Lot Details

  • 3,086 Sq Ft Lot
  • No Common Walls
  • End Unit
  • Block Wall Fence
  • Artificial Turf
  • Grass Covered Lot

HOA Fees

  • $310 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Roof Updated in 2025
  • Tile Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,510 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Kitchen Updated in 2025
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave

Flooring

  • Floors Updated in 2025
  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom Updated in 2025
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Easy To Use Faucet Levers

Accessible Home Design

  • Doors with lever handles
  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Cooling System Updated in 2025
  • Central Air
  • Heating Available
  • Plumbing System Updated in 2025
  • Wiring Updated in 2025

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 173-05-193-A

Community Details

Overview

  • Association fees include ground maintenance
  • Villa Palo Verde Association, Phone Number (623) 748-7595
  • Villa Palo Verde Subdivision

Amenities

  • Recreation Room

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,444

Year Built

Built in 1980

Lot Details

0

HOA Fees

$310 per month

Parking

2

Listing Details

  • Cross Street: E McDonald Dr & N Scottsdale Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 310.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2025
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2025
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2025
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2025
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2025
  • Updated Roof: Partial
  • Items Updated Roof Yr Updated: 2025
  • Updated Wiring: Partial
  • Items Updated Wiring Yr Updated: 2025
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Tax Year: 2024
  • Directions: From AZ-101 Take exit 45, Head W on McDonald Dr, Turn left onto N Cattletrack Rd, Turn right onto E Palo Verde Dr, Turn right onto Villa Palo Verde, Left on the 1st cross street to home on the right.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: wandp001
  • Co List Office Phone: 602-828-5767
  • Subdivision Name: VILLA PALO VERDE
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Association Fees:HOA Fee2: 310.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Special Features: None

Interior Features

  • Flooring: Other, Stone, Wood
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Accessibility Features: Lever Handles, Bath Lever Faucets
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 1510.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Grass Front, Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: No Common Walls, End Unit
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Built-Up
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Biking/Walking Path
  • Association Fee: 310.0
  • Association Fee Frequency: Monthly
  • Association Name: Villa Palo Verde
  • Phone: 623-748-7595 ext 106
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Villa Palo Verde
  • Association Fees:HOA Telephone4: 623.748.7595x106
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 600.0
  • Association Fees:Disclosure Fees HOA: 175.0
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3086.0
  • Parcel #: 173-05-193-A

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2444.0
  • Tax Book Number: 173.00
  • Tax Lot: 7
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
May 23, 2025
Sold by
Appraisals Phoenix & Estates Llc
Bought by
Ligas Lisa Margaret Dod
Seller's Agent
Bo Patrick
W and Partners, LLC
Buyer's Agent
Sierra Allegretto
Russ Lyon Sotheby's International Realty
List Price
$875,000
Sold Price
$840,000
Premium/Discount to List
-$35,000
-4%
Views
29
Current Estimated Value
$776,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,811
Avg. Annual Appreciation
-25.98%
Original Mortgage
$742,500
Outstanding Balance
$742,500
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$29,640

Purchase Details

Closed on
May 29, 2024
Sold by
W Randall Payant Revocable Living Trust and Payant Scott D
Bought by
Appraisals Phoenix & Estate Llc

Purchase Details

Closed on
Dec 2, 2003
Sold by
Payant W Randall
Bought by
Liv Payant W Randall and Randall Payant Revocable Liv W

Purchase Details

Closed on
Jun 9, 2003
Sold by
Liv Payant W Randall and Randall Payant Revocable Liv W
Bought by
Payant W Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2000
Sold by
Payant W Randall
Bought by
Payant W Randall and The W Randall Payant Revocable
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 $840,000 Navi Title Agency
Warranty Deed $570,000 Navi Title Agency
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Security Title Agency
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $742,500 New Conventional
Previous Owner $73,955 Unknown
Previous Owner $75,000 Credit Line Revolving
Previous Owner $160,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Sold $840,000 -4.0% $556 / Sq Ft
02/20/2025 02/20/25 For Sale $875,000 -- $579 / 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 $2,444 $36,122 -- --
2024 $2,016 $34,402 -- --
2023 $2,016 $49,030 $9,800 $39,230
2022 $1,919 $39,500 $7,900 $31,600
2021 $2,081 $37,980 $7,590 $30,390
2020 $2,063 $35,200 $7,040 $28,160
2019 $2,000 $32,710 $6,540 $26,170
2018 $1,954 $27,650 $5,530 $22,120
2017 $1,844 $25,220 $5,040 $20,180
2016 $1,807 $23,430 $4,680 $18,750
2015 $1,736 $22,320 $4,460 $17,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6823789

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-05-193A