NOT LISTED FOR SALE

7398 E Cortez Rd Scottsdale, AZ 85260

Estimated Value: $1,430,000 - $1,723,137

4 Beds
3 Baths
3,636 Sq Ft
$440/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $848,000 $233 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $9,022/month

17 Days on Market

Highlights

  • Heated Spa
  • Gated Community
  • 2 Fireplaces
  • Sequoya Elementary School Rated A
  • Hydromassage or Jetted Bathtub
  • Granite Countertops

About This Home

As of January 2020

Gated, Beautiful, Great Layout, Huge Lot. Located in a prime Scottsdale location and gated. Enter thru the center foyer and look straight out to a panoramic view of the yard and pool. Enjoy the privacy of a split floor plan. Large master suite with fireplace and patio doors and new carpet to be installed on December 10th. Two additional large bedrooms and jack & jill bath and a fourth bedroom with adjacent bath. The office located off the foyer, features a closet and qualifies as bedroom five. Gorgeous upgraded granite countertops with Stainless Steel [newer] appliances make the kitchen ready for a gourmet cook. Newer air-conditioning units. New paint and ready for a new family. Located close to everything in North Scottsdale.

Last Agent to Sell the Property

Michael Poncher

Poncher Realty of Arizona, L.L.C. License #BR533494000 Listed on: 12/12/2019

Last Buyer's Agent

David Lethcho

My Home Group Real Estate License #BR658643000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,760

Year Built

  • Built in 1995

Lot Details

  • 0.42 Acre Lot
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,636 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Spa
  • Heated Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue
  • Playground

Schools

  • Sequoya Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 175-27-025-A

Community Details

Overview

  • Association fees include ground maintenance
  • Scottsdale Sixteen Association, Phone Number (480) 949-5993
  • Scottsdale 16 A Replat Of Escondido Estates Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,760

Year Built

Built in 1995

Lot Details

0

HOA Fees

$117 per month

Parking

3

Listing Details

  • Cross Street: Scottsdale Rd & Cholla
  • 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: 116.67
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Spa Private: Yes
  • Tax Year: 2019
  • Directions: East on Cholla to first gate on the left [72nd Way. Thru gate to Cortez Rd and bear left at the fork. Home is at the end of Cortez on the left.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.42
  • Subdivision Name: SCOTTSDALE 16 A REPLAT OF ESCONDIDO ESTATES
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • Association Fees:HOA Fee2: 350.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: Heated, Private
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 3636.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Playground, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Fenced, Heated, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile
  • Construction:Frame - Wood: 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:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 2.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 350.0
  • Association Fee Frequency: Quarterly
  • Association Name: Scottsdale Sixteen
  • Phone: 480-949-5993
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 75.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Scottsdale Sixteen
  • Association Fees:HOA Telephone4: 480-949-5993
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Sequoya 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: 18509.0
  • Parcel #: 175-27-025-A

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 4760.0
  • Tax Book Number: 175.00
  • Tax Lot: 1
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Jan 9, 2020
Sold by
Nelson Kevin Patrick and Nelson Brittney Anne
Bought by
Yosef Isaac A and Nadel Bonnie Rose
Seller's Agent
Michael Poncher
Poncher Realty of Arizona, L.L.C.
Buyer's Agent
David Lethcho
My Home Group Real Estate
List Price
$875,000
Sold Price
$848,000
Premium/Discount to List
-$27,000
-3.09%
Current Estimated Value
$1,600,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$752,784
Avg. Annual Appreciation
12.44%
Original Mortgage
$763,200
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2017
Sold by
Nelson Kevin Patrick and Nelson Brittney Anne
Bought by
Nelson Kevin Patrick and Nelson Brittney Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.89%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 6, 2014
Sold by
Nelson Kevin Patrick and Nelson Brittney Anne
Bought by
Kevin & Brittney Nelson Revocable Living and Nelson Brittney Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,356
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 16, 2012
Closed on
Oct 5, 2012
Sold by
Erbe Gregory Roscoe
Bought by
Nelson Kevin Patrick and Nelson Brittney Anne
Seller's Agent
Carmelle Bernier
West USA Realty
Buyer's Agent
William Thrall
RE/MAX Fine Properties
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$504,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2003
Sold by
Erbe Margaret J and Erbe Gregory Roscoe
Bought by
Erbe Margaret J and Erbe Gregory Roscoe

Purchase Details

Closed on
Dec 30, 1998
Sold by
Erbe Alfred R and Erbe Margaret J
Bought by
Erbe A Roscoe and Erbe Margaret Jean

Purchase Details

Closed on
Mar 15, 1996
Sold by
Tarantini Savino and Tarantini Mary Ann
Bought by
Erbe Alfred R and Erbe Margaret J

Purchase Details

Closed on
Mar 17, 1994
Sold by
Scottsdale Sixteen Inc
Bought by
Tarantini Savino and Tarantini Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,375
Interest Rate
7.59%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Yosef Isaac A $848,000 Magnus Title Agency Llc
Nelson Kevin Patrick -- Pioneer Title Agency Inc
Kevin & Brittney Nelson Revocable Living -- None Available
Nelson Kevin Patrick $630,000 First American Title Ins Co
Erbe Margaret J -- --
Erbe A Roscoe -- --
Erbe Alfred R $405,000 First American Title
Tarantini Savino $76,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yosef Isaac A $763,200
Previous Owner Nelson Kevin Patrick $80,000
Previous Owner Nelson Kevin Patrick $504,000
Previous Owner Tarantini Savino $57,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $848,000 -3.1% $233 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $875,000 +38.9% $241 / Sq Ft
11/15/2012 11/15/12 Sold $630,000 -3.1% $173 / Sq Ft
10/05/2012 10/05/12 For Sale $650,000 0.0% $179 / Sq Ft
10/05/2012 10/05/12 Price Changed $650,000 0.0% $179 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
09/25/2012 09/25/12 Price Changed $650,000 -3.0% $179 / Sq Ft
08/09/2012 08/09/12 Price Changed $670,000 -2.9% $184 / Sq Ft
07/16/2012 07/16/12 For Sale $689,900 -- $190 / 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 $5,015 $82,695 -- --
2024 $4,950 $78,757 -- --
2023 $4,950 $101,380 $20,270 $81,110
2022 $4,671 $79,970 $15,990 $63,980
2021 $4,997 $72,360 $14,470 $57,890
2020 $4,948 $67,420 $13,480 $53,940
2019 $4,760 $63,800 $12,760 $51,040
2018 $4,589 $58,770 $11,750 $47,020
2017 $4,558 $58,100 $11,620 $46,480
2016 $4,441 $55,430 $11,080 $44,350
2015 $4,383 $59,010 $11,800 $47,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6010862

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-27-025A