NOT LISTED FOR SALE

7431 E Cortez St Scottsdale, AZ 85260

Estimated Value: $2,141,000 - $3,416,000

6 Beds
5.5 Baths
5,291 Sq Ft
$513/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $2,400,000 $454 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $14,804/month

95 Days on Market

Highlights

  • Guest House
  • Horses Allowed On Property
  • RV Gated
  • Sequoya Elementary School Rated A
  • Private Pool
  • Solar Power System

About This Home

As of June 2023

7431 E Cortez St, Scottsdale, AZ 85260 - do not miss out on this Amazing 2017 new build of main house 3,947 sq ft with 4 bedrooms + office, 3.5 baths, Guest House 1,344 sq ft - 2 bed/2bath built 2002, 3 car detached garage & workshop, 300 sq ft Studio with HVAC & half bath, Cul-D-Sac lot 36,690 sq ft, remodeled pool with gas firepit, hardwood flooring in living space, granite countertops, large kitchen island, WOLF gas range, built in SUB ZERO fridge & freezer, BOSCH double ovens & dishwasher, 2 gas fireplaces inside, hard-wired security cameras with recording device. Pre paid 20 year solar lease, water purification system, water softener, central vacuum, ceiling coving in main bedrooms, foam insulation, large storage shed behind casita, & citrus trees in backyard.

Last Agent to Sell the Property

Scott Porambo

Prime House LLC Brokerage Phone: 602-980-3446 License #BR036102000 Listed on: 01/30/2023

Last Buyer's Agent

Mike Shumsky

Keller Williams Arizona Realty License #SA659582000

Keller Williams Arizona Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,734

Year Built

  • Built in 2017

Lot Details

  • 0.84 Acre Lot
  • Cul-De-Sac
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 3 Car Garage
  • 2 Carport Spaces
  • Garage Door Opener
  • Circular Driveway
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 5,291 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Solar Power System
  • Guest House
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • Via De Caballos Unit 3 Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 175-28-063

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,734

Year Built

Built in 2017

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Scottsdale Rd & Cactus
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2017
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2017
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2017
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2017
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2017
  • Items Updated Pool Yr Updated: 2017
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2017
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2017
  • Parking Spaces Total Covered Spaces: 5.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2017
  • Tax Year: 2022
  • Directions: East to 74th Place, South to Cortez. Home on South East corner of Cortez and 74th Place.
  • Attribution Contact: 602-980-3446
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 0.84
  • Subdivision Name: VIA DE CABALLOS UNIT 3
  • Architectural Style: Ranch
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Appliances: Water Purifier
  • Possible Bedrooms: 7
  • Total Bedrooms: 6
  • Fireplace Features: Fire Pit, 2 Fireplace, Exterior Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5291.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Fireplace Features:Fire Pit: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail, Vicinity of an Airport
  • Construction Type: Stucco, Wood Frame, Painted
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Separate Guest House: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: RV Gate, Garage Door Opener, Circular Driveway
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 3.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Drive: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

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: 36690.0
  • Parcel #: 175-28-063

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 4734.0
  • Tax Book Number: 175.00
  • Tax Lot: 7
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Jun 30, 2023
Sold by
Hardy Family Trust
Bought by
Falcon Trust and Baker
Seller's Agent
Scott Porambo
Prime House LLC
Buyer's Agent
Mike Shumsky
Keller Williams Arizona Realty
List Price
$2,950,000
Sold Price
$2,400,000
Premium/Discount to List
-$550,000
-18.64%
Views
53
Current Estimated Value
$2,712,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,316
Avg. Annual Appreciation
5.59%
Original Mortgage
$1,000,000
Outstanding Balance
$975,375
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,736,941

Purchase Details

Listed on
Oct 4, 2015
Closed on
Oct 30, 2015
Sold by
Robertson John Daniel
Bought by
Hardy Family Trust
Seller's Agent
Debra Adamson
RE/MAX Fine Properties
Buyer's Agent
Scott Porambo
Prime House LLC
List Price
$700,000
Sold Price
$670,000
Premium/Discount to List
-$30,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.33%

Purchase Details

Closed on
Jan 19, 1999
Sold by
Johnson Brian C and Johnson Julie S
Bought by
Robertson John Daniel

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
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 1995
Sold by
Bratzel Philip L and Bratzel Maryann
Bought by
Johnson Brian C and Johnson Julie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
6%
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
Falcon Trust $2,400,000 Pioneer Title Services
Hardy Family Trust $670,000 Stewart Title & Tr Phoenix I
Robertson John Daniel $293,000 Transnation Title Ins Co
Johnson Brian C $182,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falcon Trust $1,000,000
Previous Owner Robertson John Daniel $200,000
Previous Owner Johnson Brian C $163,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $2,400,000 -7.3% $454 / Sq Ft
04/13/2023 04/13/23 Price Changed $2,590,000 -7.2% $490 / Sq Ft
03/06/2023 03/06/23 Price Changed $2,790,000 -5.4% $527 / Sq Ft
01/30/2023 01/30/23 For Sale $2,950,000 +340.3% $558 / Sq Ft
12/01/2015 12/01/15 Sold $670,000 -4.3% $220 / Sq Ft
10/04/2015 10/04/15 For Sale $700,000 -- $230 / 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 $5,088 $84,069 -- --
2024 $5,022 $80,066 -- --
2023 $5,022 $171,200 $34,240 $136,960
2022 $4,734 $128,170 $25,630 $102,540
2021 $5,067 $107,630 $21,520 $86,110
2020 $5,018 $89,350 $17,870 $71,480
2019 $4,821 $87,130 $17,420 $69,710
2018 $4,885 $62,430 $12,480 $49,950
2017 $4,783 $60,930 $12,180 $48,750
2016 $5,125 $62,930 $12,580 $50,350
2015 $5,640 $74,220 $14,840 $59,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6514057

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-28-063