$1,370,000
SOLD APR 18, 2017

7425 E Gainey Ranch Rd Unit 55 Scottsdale, AZ 85258

Gainey Ranch Neighborhood
3 Beds
3.5 Baths
3,900 Sq Ft
0.34 Acres

Recently Sold

$351 Per Sq Ft

6% Below List Price

29 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Contemporary Architecture
  • Cochise Elementary School Rated A
  • Clubhouse
  • Family Room with Fireplace

About This Home

As of April 2017

Luxurious, Opulent Home in the Guard Gated Community of Gainey Ranch. 3 bedrooms with ensuite bathrooms.. Architecturally pleasing to the eye. Art niches, large windows, tray ceilings, stone fireplace, hardwood floors, soothing interior palette, soaring ceilings, upgraded lighting, and formal dining area with Arcadia Doors to private patio. Gorgeous gourmet kitchen features center island, quartz/granite counters, travertine tile backsplash, high-end SS appliances, breakfast bar, and custom wood cabinetry with stylish hardware. Great gathering place to create a feast! This executive style Home is perfect for entertaining! Media alcove complete with surround sound, wet bar, 2nd fireplace in family room, ceiling fans, and spacious bedrooms

Last Agent to Sell the Property

Ariel Bagdadi

DPR Realty LLC License #SA534040000 Listed on: 02/25/2017

DPR Realty LLC

Last Buyer's Agent

Richard Centenni

DPR Realty LLC License #SA645788000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,070

Year Built

  • Built in 1994

Lot Details

  • 0.34 Acre Lot
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,900 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Solar Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Fire Sprinkler System

Kitchen

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

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Playground

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 175-60-383

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • Gainey Ranch Association, Phone Number (480) 951-0321
  • Grca Association, Phone Number (480) 951-0321
  • Association Phone (480) 951-0321
  • Built by Edmonds
  • Gainey Ranch Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,070

Year Built

Built in 1994

Lot Details

0

HOA Fees

$491 per month

Parking

3

Listing Details

  • Cross Street: Scottsdale Rd & Double lTree Ranch Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: GRCA
  • 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: 491.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1994
  • Tax Year: 2015
  • Directions: East of Scotts Rd on Doubletree to left at Gainey Club Dr. At Guard gate directions will be given to Legends
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.34
  • Subdivision Name: Gainey Ranch
  • Architectural Style: Contemporary, Other (See Remarks)
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Association Fees:HOA Fee2: 280.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 2 Fireplace, Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: Other, See Remarks, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3900.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • ResoLivingAreaSource: Owner
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: 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
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes

Exterior Features

  • Fencing: Concrete Panel
  • Exterior Features: Covered Patio(s), Playground, Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Childrens Play Area: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Other7: Yes

Utilities

  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Guarded Entry, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse
  • Amenities: Management
  • Association #2 Fee: 211.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 280.0
  • Association Fee Frequency: Monthly
  • Association: GRCA
  • Association Name: Gainey Ranch
  • Association Phone #2: 480-951-0321
  • Phone: 480-951-0321
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Gainey Ranch
  • Association Fees:HOA Telephone4: 480-951-0321
  • Association Fees:PAD Fee YN2: Y
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2: 1000.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fees:PAD Paid (Freq)2: Monthly

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: No
  • Lot Size Sq Ft: 14946.0
  • Parcel #: 175-60-383
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Edmonds

Tax Info

  • Tax Annual Amount: 6070.0
  • Tax Book Number: 175.00
  • Tax Lot: 55
  • Tax Map Number: 60.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2017
Closed on
Apr 15, 2017
Sold by
Amada Laura and Bagdadi Ariel
Bought by
Baldassano Roberta and The Roberta Baldassano Revocab
Seller's Agent
Ariel Bagdadi
DPR Realty LLC
Buyer's Agent
Richard Centenni
DPR Realty LLC
List Price
$1,450,000
Sold Price
$1,370,000
Premium/Discount to List
-$80,000
-5.52%
Current Estimated Value
$2,363,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$993,506
Avg. Annual Appreciation
6.72%

Purchase Details

Listed on
Aug 29, 2013
Closed on
Sep 25, 2013
Sold by
Phelan Tim and Phelan Kelly
Bought by
Amada Laura and Bagdadi Ariel
Seller's Agent
Dee Bloom
Schilling Fine Homes
Buyer's Agent
Ariel Bagdadi
DPR Realty LLC
List Price
$979,000
Sold Price
$950,000
Premium/Discount to List
-$29,000
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$695,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2005
Sold by
Davies David G and Davies Elaine K
Bought by
Phelan Tim and Phelan Kelly

Purchase Details

Closed on
May 19, 2004
Sold by
Davies David G and Davies Elaine K
Bought by
Davies David G and Davies Elaine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2004
Sold by
Davies David G and Davies Elaine K
Bought by
Davies David G and Davies Elaine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2002
Sold by
Davies David G and Davies Elaine K
Bought by
Davies David G and Davies Elaine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
5.99%

Purchase Details

Closed on
Oct 16, 2002
Sold by
Davies David G and Davies Elaine K
Bought by
Davies David G and Davies Elaine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
5.99%

Purchase Details

Closed on
Jul 26, 1996
Sold by
Davies David G and Davies Elaine K
Bought by
Davies David G and Davies Elaine K

Purchase Details

Closed on
Dec 1, 1994
Sold by
Geoffrey H Edmunds & Associates Inc
Bought by
Davies David G and Davies Elaine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.9%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed -- Chicago Title Agency Inc
Warranty Deed $950,000 Chicago Title Agency Inc
Cash Sale Deed $1,100,000 Lawyers Title Ins
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- American Title Ins Agency Az
Interfamily Deed Transfer -- --
Warranty Deed $483,937 Stewart Title & Trust
Cash Sale Deed $119,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $172,100 Credit Line Revolving
Previous Owner $900,000 Adjustable Rate Mortgage/ARM
Previous Owner $73,000 Credit Line Revolving
Previous Owner $695,000 New Conventional
Previous Owner $1,260,000 New Conventional
Previous Owner $89,000 No Value Available
Previous Owner $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2017 04/18/17 Sold $1,370,000 -1.8% $351 / Sq Ft
03/03/2017 03/03/17 Price Changed $1,395,000 -3.8% $358 / Sq Ft
02/25/2017 02/25/17 For Sale $1,450,000 +52.6% $372 / Sq Ft
10/14/2013 10/14/13 Sold $950,000 -3.0% $253 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $979,000 -- $261 / 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 $7,485 $119,502 -- --
2024 $7,392 $113,811 -- --
2023 $7,392 $142,210 $28,440 $113,770
2022 $6,982 $110,450 $22,090 $88,360
2021 $7,456 $103,710 $20,740 $82,970
2020 $7,386 $102,400 $20,480 $81,920
2019 $7,106 $92,570 $18,510 $74,060
2018 $6,862 $91,550 $18,310 $73,240
2017 $6,546 $88,400 $17,680 $70,720
2016 $6,408 $81,100 $16,220 $64,880
2015 $6,070 $77,930 $15,580 $62,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5566634

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-60-383