$558,533 - $642,000
RENTED SEP 1, 2024

7435 E Palm Ln Scottsdale, AZ 85257

South Scottsdale Neighborhood
3 Beds
2 Baths
1,498 Sq Ft
$394 Price per Sq Ft

Last Sold December 22, 2017

Last sale price $365,000 $244 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,327/month

Highlights

  • RV Gated
  • 0.17 Acre Lot
  • Granite Countertops
  • Pima Elementary School Rated A-
  • 1 Fireplace
  • No HOA

About This Home

As of September 2024

Perfect for entertaining, this home boasts hardwood floors, a stunning kitchen with quarried quartz countertops, an expansive island, and a built-in wine refrigerator. The kitchen features white and grey shaker soft-close cabinets, professional-grade stainless steel appliances with a gas stove, and a natural stone backsplash. The backyard, accessible from the kitchen or family room, is ideal for gatherings, featuring a huge covered patio and Mediterranean landscaping. Each bedroom has remote-controlled ceiling fans, and the laundry room includes a full-size stackable washer/dryer. The family room's natural quarried stone floor-to-ceiling fireplace is a standout, along with new double-pane low-e insulated windows.

Last Agent to Rent the Property

Paige Leuer

Fenix CRE License #SA681767000 Listed on: 07/17/2024

Co-Listed By

Jennifer Martin

Fenix CRE License #SA708246000

Last Renter's Agent

Paige Leuer

Fenix CRE License #SA681767000 Listed on: 07/17/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,445

Year Built

  • Built in 1957

Lot Details

  • 7,530 Sq Ft Lot
  • Block Wall Fence
  • Grass Covered Lot

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,498 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 1 Carport Space
  • RV Gated

Outdoor Features

  • Covered Patio or Porch

Schools

  • Pima Elementary School
  • Supai Middle School
  • Coronado High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Built by Hallcraft Homes
  • Scottsdale Estates 2 Lots 87 221 Subdivision

Listing and Financial Details

  • Property Available on 7/17/24
  • $275 Move-In Fee
  • 12-Month Minimum Lease Term
  • $60 Application Fee
  • Tax Lot 98
  • Assessor Parcel Number 131-21-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,445

Year Built

Built in 1957

Lot Details

0

Rental Info

  • Available Date: 2024-07-17

Listing Details

  • Cross Street: McDowell & Scottsdale Rd
  • Legal Info Range: 4E
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1957
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 1.75
  • Initial Move In Costs Admin Fee: 275.0
  • Initial Move In Costs Application Fee: 60.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: fecr001
  • Co List Office Phone: 602-332-1768
  • Subdivision Name: SCOTTSDALE ESTATES 2 LOTS 87-221
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Roofing:Composition: Yes
  • Water Source City Water2: Yes
  • Const - Finish Brick Veneer: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Eat-in Kitchen, Kitchen Island, 3/4 Bath Master Bdrm
  • Living Area: 1498.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back, Grass Back
  • Disclosures: None
  • Construction Type: Brick Veneer, Brick
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Composition
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Laundry Features: In Unit, Stacked Washer/Dryer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Pima Elementary School
  • High School: Coronado High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Supai Middle School

Lot Info

  • Lot Size Sq Ft: 7530.0
  • Parcel #: 131-21-012

Building Info

  • Builder Name: Hallcraft Homes

Tax Info

  • Tax Book Number: 131.00
  • Tax Lot: 98
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Dec 20, 2017
Sold by
Kenworthy I Llc
Bought by
Karthikeyan Parthasarathi Murthy Vasudeva and Karthikeyan Sukumaree Dhanya
Seller's Agent
Robert Melikian
Modern Portfolio Real Estate Services
Buyer's Agent
Teddy Shonka
HomeSmart
List Price
$389,900
Sold Price
$365,000
Premium/Discount to List
-$24,900
-6.39%
Current Estimated Value
$589,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,883
Avg. Annual Appreciation
6.65%
Original Mortgage
$260,785
Outstanding Balance
$222,399
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$376,447

Purchase Details

Closed on
Jun 27, 2017
Sold by
Canham Keith Brian and The Durwood And Mary Cancham F
Bought by
Kenworthy I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.95%
Mortgage Type
Seller Take Back
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
Karthikeyan Parthasarathi Murthy Vasudeva $365,000 Chicago Title Agency Inc
Kenworthy I Llc $245,945 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karthikeyan Parthasarathi Murthy Vasudeva $260,785
Previous Owner Kenworthy I Llc $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2024 09/01/24 Rented $2,750 -3.5% --
08/05/2024 08/05/24 Under Contract -- -- --
07/17/2024 07/17/24 For Rent $2,850 0.0% --
12/22/2017 12/22/17 Sold $365,000 -6.4% $244 / Sq Ft
11/16/2017 11/16/17 For Sale $389,900 -- $260 / 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 $1,445 $21,090 -- --
2024 $1,424 $20,086 -- --
2023 $1,424 $42,310 $8,460 $33,850
2022 $1,351 $32,470 $6,490 $25,980
2021 $1,435 $28,780 $5,750 $23,030
2020 $1,422 $27,970 $5,590 $22,380
2019 $1,379 $24,400 $4,880 $19,520
2018 $1,331 $22,170 $4,430 $17,740
2017 $1,082 $19,550 $3,910 $15,640
2016 $1,056 $18,780 $3,750 $15,030
2015 $1,015 $16,980 $3,390 $13,590
Source: Public Records

Agents Affiliated with this Home

  • Paige Leuer

    Landlord's Agent in 2024

    Paige Leuer

    Fenix CRE

    (602) 235-2900

    4 Total Sales

    Paige Leuer
    Section Image

  • J

    Landlord's Co-Listing Agent in 2024

    Jennifer Martin

    Fenix CRE

    (480) 432-4979

    Jennifer Martin
    Section Image

  • R

    Seller's Agent in 2017

    Robert Melikian

    Modern Portfolio Real Estate Services

    (480) 518-2222

    1 in this area

    15 Total Sales

    Robert Melikian
    Section Image
  • Teddy Shonka

    Buyer's Agent in 2017

    Teddy Shonka

    HomeSmart

    (480) 390-9759

    1 in this area

    69 Total Sales

    Teddy Shonka
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6732457

Arizona Regional Multiple Listing Service (ARMLS)

APN: 131-21-012

Arizona Maricopa County Scottsdale 85257 South Scottsdale

7435 E Palm Ln, Scottsdale, AZ

This home is located at 7435 E Palm Ln, Scottsdale, AZ 85257 since 17 July 2024 and is currently priced at $589,883. This property was built in 1957. 7435 E Palm Ln is a home located in Maricopa County with nearby schools including Tonalea Middle School, Pima Elementary School, and Coronado High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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