7424 E Berridge Ln Scottsdale, AZ 85250
Indian Bend NeighborhoodEstimated Value: $3,933,718 - $5,386,000
5
Beds
7
Baths
6,432
Sq Ft
$737/Sq Ft
Est. Value
Highlights
- Guest House
- Golf Course Community
- Gated Parking
- Kiva Elementary School Rated A
- Heated Spa
- 1.56 Acre Lot
About This Home
As of March 2019300K PRICE REDUCTION. NOW PRICED TO SELL! Welcome to Modern Luxury at it's best. This newly completed, custom build is located on a 1.56-acre lot at the end of a quiet cul de sac. Enclosed by handcrafted steel fencing and private gates both front and rear, with an eight-camera security system to further enhance privacy and security and a complete audio video package.
Stunning front elevation and pavered entrance lead to the dramatic indoor/outdoor foyer. Beyond the foyer, you're greeted by a gourmet kitchen with extensive butlers pantry as well as enormous, high ceiling great room/dining area featuring a rolled steel fireplace. Distinctive interior finishes by StudioDwell are carried throughout the residence and lend a feeling of casual elegance to the home. The 845 SF Excercise/Game Room is separated from the beautifully designed media room by a custom fenced dog run covered in turf with an outdoor bathing facility for the extended family. In addition to the detached casita, there is a large guest suite with full bath in the main house. There is also a private massage room and a mud room off the four-car garage.
Just off Scottsdale Rd, the location is one of the best in town. A stone's throw from Scottsdale Fashion Square and Old Town, convenient to the 101, and easy access to the Scottsdale Canal for walking or biking from home to Old Town and Arcadia. The property also features two stalls and a wash rack for horses.
Last Agent to Sell the Property
Thomas Oleary
Russ Lyon Sotheby's International Realty License #SA650599000 Listed on: 05/11/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,059
Year Built
- Built in 2018
Lot Details
- 1.56 Acre Lot
- Desert faces the front of the property
- Cul-De-Sac
- Wrought Iron Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
- Private Yard
- Grass Covered Lot
Parking
- 4 Car Garage
- Garage Door Opener
- Gated Parking
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Block Exterior
- Stucco
Interior Spaces
- 6,432 Sq Ft Home
- 1-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Living Room with Fireplace
- Tile Flooring
- Mountain Views
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Built-In Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- 7 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Home Security
- Security System Owned
- Smart Home
Accessible Home Design
- Roll-in Shower
- No Interior Steps
- Multiple Entries or Exits
- Stepless Entry
- Hard or Low Nap Flooring
Pool
- Heated Spa
- Heated Pool
- Diving Board
Outdoor Features
- Covered patio or porch
- Fire Pit
- Built-In Barbecue
Additional Homes
- Guest House
Schools
- Kiva Elementary School
- Mohave Middle School
- Saguaro High School
Utilities
- Zoned Heating
- Heating System Uses Natural Gas
- Septic Tank
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 174-14-020
Community Details
Overview
- No Home Owners Association
- Built by Richard Cardenas
- Ranchos Chiquito Subdivision
Recreation
- Golf Course Community
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2018
Closed on
Mar 22, 2019
Sold by
Perfect Holidngs Llc
Bought by
Lopez Murray Lorne William and Lopez Murray Elizabeth
Seller's Agent
Thomas Oleary
Russ Lyon Sotheby's International Realty
Buyer's Agent
Beata Souckova
Iannelli and Associates
List Price
$2,950,000
Sold Price
$2,800,000
Premium/Discount to List
-$150,000
-5.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,939,239
Avg. Annual Appreciation
8.98%
Original Mortgage
$2,380,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Sep 6, 2015
Closed on
Oct 14, 2015
Sold by
Sanchez Robert and Sanchez Melissa
Bought by
Perfect Holdings Llc
Seller's Agent
Chris Castillo
CPA Advantage Realty, LLC
Buyer's Agent
Chad Klock
RETSY
List Price
$799,000
Sold Price
$806,850
Premium/Discount to List
$7,850
0.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.28%
Original Mortgage
$648,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2015
Sold by
Sopori Uma D
Bought by
Sanchez Robert and Sanchez Melissa
Purchase Details
Closed on
Dec 7, 2005
Sold by
Sopori Uma D
Bought by
Sopori Uma Devi and The Sopori Living Trust
Purchase Details
Closed on
Aug 23, 2005
Sold by
Sopori Uma Devi
Bought by
Sopori Uma D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.35%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 7, 2003
Sold by
Sopori Uma Devi
Bought by
Sopori Uma Devi and The Sopori Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,000
Interest Rate
5.75%
Purchase Details
Closed on
May 2, 2002
Sold by
Sopori Uma Devi
Bought by
Sopori Uma Devi and Sopori Living Trust
Similar Homes in Scottsdale, AZ
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lopez Murray Lorne William | $2,800,000 | Chicago Title Agency | |
| Perfect Holdings Llc | $806,850 | Chicago Title Agency Inc | |
| Sanchez Robert | $616,100 | Title365 | |
| Sopori Uma Devi | -- | American Title Svc Agency Ll | |
| Sopori Uma D | -- | Old Republic Title Agency | |
| Sopori Uma Devi | -- | Old Republic Title Agency | |
| Sopori Uma Devi | -- | Old Republic Title Agency | |
| Sopori Uma Devi | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Murray Lorne William | $454,171 | |
| Open | Murray Lorne William | $3,000,000 | |
| Closed | Lopez Murray Lorne William | $2,380,000 | |
| Previous Owner | Perfect Holdings Llc | $1,000,000 | |
| Previous Owner | Perfect Holdings Llc | $648,000 | |
| Previous Owner | The Sopori Living Trust | $100,000 | |
| Previous Owner | Sopori Uma D | $60,000 | |
| Previous Owner | Sopori Uma D | $840,000 | |
| Previous Owner | Sopori Uma D | $840,000 | |
| Previous Owner | Sopori Uma Devi | $577,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2019 03/29/19 | Sold | $2,800,000 | -5.1% | $435 / Sq Ft |
| 02/15/2019 02/15/19 | For Sale | $2,950,000 | 0.0% | $459 / Sq Ft |
| 02/15/2019 02/15/19 | Price Changed | $2,950,000 | 0.0% | $459 / Sq Ft |
| 01/04/2019 01/04/19 | Price Changed | $2,950,000 | -6.3% | $459 / Sq Ft |
| 11/18/2018 11/18/18 | Price Changed | $3,150,000 | -1.5% | $490 / Sq Ft |
| 09/01/2018 09/01/18 | Price Changed | $3,199,000 | -1.6% | $497 / Sq Ft |
| 05/10/2018 05/10/18 | For Sale | $3,250,000 | +302.8% | $505 / Sq Ft |
| 10/14/2015 10/14/15 | Sold | $806,850 | +1.0% | $234 / Sq Ft |
| 09/14/2015 09/14/15 | Pending | -- | -- | -- |
| 09/06/2015 09/06/15 | For Sale | $799,000 | -- | $231 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $9,292 | $146,206 | -- | -- |
| 2024 | $9,178 | $139,244 | -- | -- |
| 2023 | $9,178 | $290,150 | $58,030 | $232,120 |
| 2022 | $8,677 | $194,980 | $38,990 | $155,990 |
| 2021 | $9,257 | $165,120 | $33,020 | $132,100 |
| 2020 | $9,170 | $135,900 | $27,180 | $108,720 |
| 2019 | $8,828 | $151,530 | $30,300 | $121,230 |
| 2018 | $5,282 | $65,570 | $13,110 | $52,460 |
| 2017 | $5,059 | $61,320 | $12,260 | $49,060 |
| 2016 | $4,361 | $60,720 | $12,140 | $48,580 |
| 2015 | $4,122 | $57,430 | $11,480 | $45,950 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2019
Thomas Oleary
Russ Lyon Sotheby's International Realty
-
Catherine Lewis
Seller Co-Listing Agent in 2019
Catherine Lewis
Russ Lyon Sotheby's International Realty
(714) 715-0595
5 in this area
67 Total Sales
-
Beata Souckova
Buyer's Agent in 2019
Beata Souckova
Iannelli and Associates
(623) 297-5093
8 Total Sales
-
Chris Castillo
Seller's Agent in 2015
Chris Castillo
CPA Advantage Realty, LLC
(480) 694-1350
4 in this area
54 Total Sales
-
Chad Klock
Buyer's Agent in 2015
Chad Klock
RETSY
(602) 388-2906
8 in this area
49 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5764446
APN: 174-14-020
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.
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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