NOT LISTED FOR SALE

7425 E Gainey Ranch Rd Unit 2 Scottsdale, AZ 85258

Gainey Ranch Neighborhood

Estimated Value: $2,281,000 - $2,673,000

4 Beds
3 Baths
3,782 Sq Ft
$670/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $2,525,000 $668 Per Sq Ft

Current estimated payment $14,366/month

45 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Heated Spa
  • Cochise Elementary School Rated A
  • Gated with Attendant
  • Theater or Screening Room

About This Home

As of December 2023

Experience unparalleled luxury living in this exquisite furnished turn-key home nestled within the prestigious guard-gated community of Gainey Ranch, right in the heart of Scottsdale. this golf course lot is ideal for entertaining, boasting high ceilings and abundant windows that drench the interior in natural light. Enjoy an upgraded kitchen with eat-in nook, spacious living and family rooms, bar, office, and cutting-edge audio/video systems. The expansive owner's suite includes a balcony with golf course vistas. Outdoors, find an oasis with a heated pool, infinity spa, water feature, and gas fire elements. The outdoor kitchen features a built-in BBQ, sink, ice maker, and bar. Moments away from fine dining, world class shopping, golf, and Old Town Scottsdale.

Last Agent to Sell the Property

Scott Thompson

Bliss Realty & Investments License #BR638067000 Listed on: 09/05/2023

Last Buyer's Agent

James Wexler

Jason Mitchell Real Estate License #BR558910000

Jason Mitchell Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,412

Year Built

  • Built in 1992

Lot Details

  • 0.27 Acre Lot
  • On Golf Course
  • Wrought Iron Fence
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,782 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Mechanical Sun Shade

Kitchen

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

Flooring

  • Wood
  • Stone

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

Home Security

  • Security System Owned
  • Smart Home

Pool

  • Heated Spa
  • Play Pool
  • Fence Around Pool
  • Pool Pump

Outdoor Features

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

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 175-60-330

Community Details

Overview

  • Association fees include pest control, front yard maint
  • Grca Association, Phone Number (480) 951-0321
  • Legend Association, Phone Number (480) 951-0321
  • Association Phone (480) 951-0321
  • Legend At Gainey Ranch Lot 1 55 Tr A B Subdivision

Amenities

  • Theater or Screening Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,412

Year Built

Built in 1992

Lot Details

0

HOA Fees

$634 per month

Parking

2

Listing Details

  • Cross Street: Scottsdale Rd & Doubletree Ranch Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Legend
  • HOA #2 Phone Number: 480.951.0321
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 634.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1992
  • Spa Private: Yes
  • Tax Year: 2022
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.27
  • Subdivision Name: LEGEND AT GAINEY RANCH LOT 1-55 TR A B
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 304.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Appliances: Electric Cooktop
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace, Gas
  • Fireplace: Yes
  • Interior Amenities: Smart Home, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Furnished(See Rmrks), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 3782.0
  • Stories: 2
  • Window Features: Dual Pane, Mechanical Sun Shds
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Pickleball Court(s): Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Media Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Pickleball Court(s), Balcony, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, On Golf Course, Grass Back, Synthetic Grass Frnt, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Variable Speed Pump, Fenced, Heated, Private
  • Disclosures: Seller Discl Avail, Vicinity of an Airport
  • 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:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Private Pickleball Court(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • 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: Golf, Pickleball, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Community Media Room, Guarded Entry, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association #2 Fee: 330.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 304.0
  • Association Fee Frequency: Monthly
  • Association: Legend
  • Association Name: GRCA
  • Association Phone #2: 480.951.0321
  • Phone: 480-951-0321
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: GRCA
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 608.0
  • Association Fees:Other Fees Description: GRCA Enhancement Fee - 3/4% of sale price
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Prepaid Association Fees HOA 2: 660.0
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Pest Control, 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: No
  • Lot Size Sq Ft: 11706.0
  • Parcel #: 175-60-330

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 8412.0
  • Tax Book Number: 175.00
  • Tax Lot: 2
  • Tax Map Number: 60.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Dec 1, 2023
Sold by
Katz Family Trust
Bought by
Henry C Lombardi Family Trust and Kathy L Lombardi Family Trust
Seller's Agent
Scott Thompson
Bliss Realty & Investments
Buyer's Agent
James Wexler
Jason Mitchell Real Estate
List Price
$2,599,000
Sold Price
$2,525,000
Premium/Discount to List
-$74,000
-2.85%
Views
30
Current Estimated Value
$2,533,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,042
Avg. Annual Appreciation
0.17%

Purchase Details

Closed on
Aug 11, 2022
Sold by
Jeffkatzaz Llc
Bought by
Katz Family Trust

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 12, 2022
Sold by
Dorshire Properties Llc
Bought by
Jeffkatzaz Llc
Seller's Agent
Ryan Hass
Russ Lyon Sotheby's International Realty
Buyer's Agent
Scott Thompson
Bliss Realty & Investments
List Price
$2,650,000
Sold Price
$2,600,000
Premium/Discount to List
-$50,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.75%

Purchase Details

Closed on
Apr 28, 2021
Sold by
Bissell Ronald
Bought by
Dorshire Properties Llc

Purchase Details

Closed on
Jun 5, 2007
Sold by
Maul Todd A
Bought by
Bissell Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,520,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2006
Sold by
Anderson Catherine
Bought by
Maul Todd

Purchase Details

Closed on
Jun 7, 2005
Sold by
Like Lawrence P and Like Suzanne G
Bought by
Maul Todd A and Anderson Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2004
Sold by
Like Lawrence P
Bought by
Like Lawrence P and Like Suzanne G

Purchase Details

Closed on
Apr 22, 2004
Sold by
Demcor Investment Holdings Llc
Bought by
Like Lawrence P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2004
Sold by
Like Suzanne G
Bought by
Like Lawrence P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2002
Sold by
Demetriades Christo
Bought by
Demcor Investment Holdings Llc

Purchase Details

Closed on
Feb 11, 2002
Sold by
Demteriades Leighann
Bought by
Demetriades Christo

Purchase Details

Closed on
Jan 14, 2002
Sold by
Palmer Jonathan J
Bought by
Demetriades Christo

Purchase Details

Closed on
Apr 9, 1999
Sold by
Palmer Frances A
Bought by
Palmer Jonathan J

Purchase Details

Closed on
Apr 7, 1999
Sold by
Wynkoop Joan R and The Joan R Wynkoop Trust
Bought by
Palmer Jonathan J
Source: Public Records

Range of Values:

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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
Henry C Lombardi Family Trust $2,525,000 First American Title Insurance
Katz Family Trust -- --
Jeffkatzaz Llc $2,600,000 Grand Canyon Title
Dorshire Properties Llc -- None Available
Bissell Ronald $1,900,000 Camelback Title Agency Llc
Maul Todd -- Camelback Title Agency
Maul Todd A $1,495,000 Tsa Title Agency
Like Lawrence P -- --
Like Lawrence P $1,225,000 Tsa Title Agency
Like Lawrence P -- Tsa Title Agency
Demcor Investment Holdings Llc -- --
Demetriades Christo -- Stewart Title & Trust
Demetriades Christo $1,112,500 Stewart Title & Trust
Palmer Jonathan J -- Stewart Title & Trust
Palmer Jonathan J $785,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bissell Ronald $1,520,000
Previous Owner Maul Todd A $1,120,000
Previous Owner Like Lawrence P $980,000
Previous Owner Like Lawrence P $980,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2023 12/01/23 Sold $2,525,000 -0.9% $668 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/08/2023 10/08/23 Price Changed $2,549,000 -1.9% $674 / Sq Ft
09/05/2023 09/05/23 For Sale $2,599,000 0.0% $687 / Sq Ft
05/01/2023 05/01/23 Rented $8,500 -4.5% --
03/24/2023 03/24/23 Price Changed $8,900 -9.2% $2 / Sq Ft
02/02/2023 02/02/23 Price Changed $9,800 -18.3% $3 / Sq Ft
12/01/2022 12/01/22 Price Changed $12,000 -20.0% $3 / Sq Ft
11/02/2022 11/02/22 Price Changed $15,000 -6.3% $4 / Sq Ft
10/20/2022 10/20/22 Price Changed $16,000 -36.0% $4 / Sq Ft
08/12/2022 08/12/22 Price Changed $25,000 +66.7% $7 / Sq Ft
07/08/2022 07/08/22 Price Changed $15,000 -14.3% $4 / Sq Ft
06/24/2022 06/24/22 Price Changed $17,500 -2.8% $5 / Sq Ft
05/27/2022 05/27/22 For Rent $18,000 0.0% --
05/17/2022 05/17/22 Sold $2,600,000 -1.9% $687 / Sq Ft View Prior Sale
03/23/2022 03/23/22 For Sale $2,650,000 0.0% $701 / Sq Ft
01/22/2022 01/22/22 Rented $17,500 +10.8% --
09/22/2021 09/22/21 Price Changed $15,800 -12.2% $4 / Sq Ft
07/08/2021 07/08/21 For Rent $18,000 -- --
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 $5,673 $88,830 -- --
2024 $8,867 $84,600 -- --
2023 $8,867 $145,610 $29,120 $116,490
2022 $8,412 $114,530 $22,900 $91,630
2021 $8,948 $119,300 $23,860 $95,440
2020 $8,865 $118,850 $23,770 $95,080
2019 $8,533 $117,460 $23,490 $93,970
2018 $8,243 $117,020 $23,400 $93,620
2017 $7,870 $112,820 $22,560 $90,260
2016 $7,705 $104,830 $20,960 $83,870
2015 $7,305 $99,060 $19,810 $79,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6596183

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-60-330