NOT LISTED FOR SALE

7432 E Wethersfield Rd Scottsdale, AZ 85260

Estimated Value: $2,167,000 - $7,663,000

5 Beds
6.5 Baths
8,673 Sq Ft
$599/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $1,735,000 $200 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $28,934/month

Highlights

  • Private Pool
  • Contemporary Architecture
  • Corner Lot
  • Sonoran Sky Elementary School Rated A
  • 1 Fireplace
  • No HOA

About This Home

As of June 2024

Just over 1 acre prime lot, located off of the Cactus Corridor in Scottsdale. Situated on the corner of a cul-de-sac in the beautiful Buenavante neighborhood with North/South exposure. Seller has building permit in hand. Foundation slab has been poured. Sold as is in current state.

Last Agent to Sell the Property

Marilyn Cavanaugh

The Agency License #SA551199000 Listed on: 05/30/2024

The Agency

Co-Listed By

James Cavanaugh

The Agency License #SA630963000

Last Buyer's Agent

Nicholas Toon

RETSY License #SA677990000

RETSY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,861

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 1.11 Acre Lot
  • Corner Lot

Parking

  • 7 Car Garage

Home Design

  • Home to be built
  • Contemporary Architecture
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 8,673 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • Private Pool
  • Spa

Schools

  • Sonoran Sky Elementary School
  • Desert Shadows Middle School - Scottsdale
  • Horizon High School

Additional Features

  • Patio
  • Central Air

Listing and Financial Details

  • Tax Lot 153
  • Assessor Parcel Number 175-09-212

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Buenavante Subdivision

Amenities

  • No Laundry Facilities

Recreation

  • Sport Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,861

Year Built

Built in 2024 | Under Construction

Lot Details

0

Parking

7

Listing Details

  • Cross Street: Scottsdale Road and Cactus Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 7.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2024
  • Spa Private: Yes
  • Tax Year: 2023
  • Directions: North on Scottsdale Rd to Cactus, East on Cactus, North on 74th Place, property is on East side on the corner of Wethersfield and 74th.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.11
  • Co List Office Mls Id: agen01
  • Co List Office Phone: 480-878-3000
  • Subdivision Name: BUENAVANTE
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: NewHome

Interior Features

  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Separate Shwr & Tub
  • Living Area: 8673.0
  • Stories: 2
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Sport Court(s)
  • Lot Features: Corner Lot, Dirt Front, Dirt Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail, Vicinity of an Airport
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Patio
  • Property Condition: To Be Built, Under Construction
  • Roof: Other
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Sport Court(s): Yes
  • Construction Status:Under Construction: Yes
  • Construction Status:To Be Built: Yes

Garage/Parking

  • Total Covered Spaces: 7.0
  • Garage Spaces: 7.0

Utilities

  • Cooling: Central Air
  • Heating: See Remarks
  • Laundry Features: None
  • Cooling Y N: Yes
  • Water Source: City Water

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: Sonoran Sky Elementary School
  • High School: Horizon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Desert Shadows Middle School - Scottsdale

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 48472.0
  • Parcel #: 175-09-212

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 6861.0
  • Tax Book Number: 175.00
  • Tax Lot: 153
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jun 20, 2024
Sold by
Tannin Custom Homes Llc
Bought by
Black Marlin Group Llc
Seller's Agent
Marilyn Cavanaugh
The Agency
Buyer's Agent
Nicholas Toon
RETSY
List Price
$1,725,000
Sold Price
$1,735,000
Premium/Discount to List
$10,000
0.58%
Views
3
Current Estimated Value
$5,194,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,459,548
Avg. Annual Appreciation
144.08%
Original Mortgage
$2,428,000
Interest Rate
7.09%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 18, 2022
Closed on
Sep 2, 2022
Sold by
Dale Regehr
Bought by
Tannin Custom Homes Llc
Seller's Agent
Kimberly Earnhart
RE/MAX Fine Properties
Buyer's Agent
Marilyn Cavanaugh
The Agency
List Price
$14,950,000
Sold Price
$1,310,000
Premium/Discount to List
-$13,640,000
-91.24%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.69%
Original Mortgage
$1,000,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2022
Closed on
Aug 23, 2022
Sold by
Patton Jack J
Bought by
Regehr Dale
Seller's Agent
Kimberly Earnhart
RE/MAX Fine Properties
Buyer's Agent
Marilyn Cavanaugh
The Agency
List Price
$14,950,000
Sold Price
$1,310,000
Premium/Discount to List
-$13,640,000
-91.24%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2008
Sold by
Patton Jack J
Bought by
Patton Jack J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,279
Interest Rate
6.07%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 3, 2008
Sold by
Patton Jack J and Patton Kathy S
Bought by
Patton Jack J

Purchase Details

Closed on
Jul 12, 1995
Sold by
Williams Roger L and Williams Linda L
Bought by
Patton Jack J and Patton Kathy S
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
Black Marlin Group Llc $1,735,000 Wfg National Title Insurance C
Tannin Custom Homes Llc -- --
Regehr Dale $1,310,000 Stewart Title & Trust Of Phoen
Patton Jack J -- North American Title Co
Patton Jack J -- None Available
Patton Jack J $266,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Marlin Group Llc $2,771,586
Closed Black Marlin Group Llc $2,428,000
Previous Owner Tannin Custom Homes Llc $1,000,000
Previous Owner Patton Jack J $865,500
Previous Owner Patton Jack J $510,279
Previous Owner Patton Jack J $137,135
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $1,735,000 +0.6% $200 / Sq Ft
05/30/2024 05/30/24 For Sale $1,725,000 +31.7% $199 / Sq Ft
08/26/2022 08/26/22 Sold $1,310,000 -12.1% $360 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
07/09/2022 07/09/22 Price Changed $1,490,000 -90.0% $410 / Sq Ft
06/13/2022 06/13/22 For Sale $14,950,000 -- $4,109 / 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 $7,577 $85,226 -- --
2024 $6,861 $81,168 -- --
2023 $6,861 $113,480 $22,690 $90,790
2022 $6,757 $88,730 $17,740 $70,990
2021 $6,891 $81,050 $16,210 $64,840
2020 $6,682 $76,280 $15,250 $61,030
2019 $6,738 $70,620 $14,120 $56,500
2018 $6,537 $67,810 $13,560 $54,250
2017 $6,224 $65,820 $13,160 $52,660
2016 $6,150 $62,910 $12,580 $50,330
2015 $5,833 $58,310 $11,660 $46,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6712301

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-09-212