NOT LISTED FOR SALE

7487 E Camino Rayo de Luz Scottsdale, AZ 85266

Boulders Neighborhood

Estimated Value: $1,460,792 - $1,667,000

3 Beds
3.5 Baths
3,634 Sq Ft
$425/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $1,525,000 $420 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,899/month

5 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Vaulted Ceiling
  • Lone Mountain Elementary School Rated A-
  • Mountain View
  • Santa Fe Architecture

About This Home

As of February 2022

Gorgeous, mostly furnished great room plan located in a cozy 64 home gated hillside community in North Scottsdale. This home has all the bells and whistles including a gas-powered generator that kicks on in the event of a disruption with the power grid. Highly upgraded technology smart home w/ Q lighting control and remote computer automation.
Viking and Sub-Zero appliances. Counters are 3 1/2'' chiseled-edge granite and the floors are Versailles tumbled travertine. Temperature controlled 500+ wine cellar,
stacked stone gas fireplace, remote window blinds and screens and much more!!
Serious curb appeal here starting with the furnished 400 sq. ft. Carriage house over the garage. The mtn. views and city lights are pretty special from up there. The landscaping has been meticulously designed and maintained starting at the curb with the brick pavers which flow through the front courtyard and down both sides of the home and large back patio. Back patio features a large island with built in Jenn Air barbeque and decorative fountain. As you enter the front courtyard, you will be instantly impressed by the warmth and the colors of this extended living area complete with an outdoor fireplace. Three types of citrus trees and a pomegranate bush line the walkway. The new owners will appreciate the flowering gardenias and the white and yellow roses that accent the property.
Community Recreation Center offers a fitness room, Caterer's kitchen, Family room, heated Pool, Spa, Ramada with Barbeque and even an outdoor fireplace, just one block away.

Last Agent to Sell the Property

Patrick Corcoran

Keller Williams Realty Sonoran Living License #SA117469000 Listed on: 01/14/2022

Keller Williams Realty Sonoran Living

Last Buyer's Agent

Jiletta Ryan

HomeSmart License #SA053115000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,115

Year Built

  • Built in 2005

Lot Details

  • 9,515 Sq Ft Lot
  • Cul-De-Sac
  • Private Streets
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Santa Fe Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,634 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Double Pane Windows
  • Mechanical Sun Shade
  • Solar Screens
  • Family Room with Fireplace
  • Mountain Views

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Smart Home

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 216-51-157

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Las Piedras Association, Phone Number (602) 437-4777
  • Built by Columbia
  • Las Piedras At Sevano Village Subdivision

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa

Additional Features

  • Recreation Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,115

Year Built

Built in 2005

Lot Details

0

HOA Fees

$225 per month

Parking

3

Listing Details

  • Cross Street: Scottsdale Rd and Ashler Hills Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 225.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2017
  • Updated Heating or Cooling Units: Partial
  • Items Updated Ht Cool Yr Updated: 2018
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2005
  • Tax Year: 2021
  • Directions: Turn East on Ashler Hills and follow to gated entrance at Las Piedras. Follow 74th Way past the pool to Camino Rayo De Luz on the left. Home is on the corner.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Subdivision Name: Las Piedras at Sevano Village
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 225.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Granite Counters, Double Vanity, Breakfast Bar, Furnished(See Rmrks), No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 3634.0
  • Stories: 1
  • Window Features: Solar Screens, Dual Pane, Mechanical Sun Shds
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Street(s), Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Cul-De-Sac, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Concrete
  • 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:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Security: Fire Sprinkler System, Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Fitness Center
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association Name: Las Piedras
  • Phone: 602-437-4777
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Las Piedras
  • Association Fees:HOA Telephone4: 602-437-4777
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 675.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9515.0
  • Parcel #: 216-51-157

Building Info

  • Builder Name: Columbia

Tax Info

  • Tax Annual Amount: 4115.0
  • Tax Book Number: 216.00
  • Tax Lot: 55
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2023
Sold by
Sanders David G and Sanders Tracy L
Bought by
Sanders Family Trust
Current Estimated Value
$1,542,698

Purchase Details

Closed on
Jan 19, 2023
Sold by
Sanders David G and Sanders Tracy L
Bought by
Sanders Family Trust and Sanders

Purchase Details

Listed on
Jan 14, 2022
Closed on
Jan 19, 2022
Sold by
Hines Fred Hugh and Hines Diana
Bought by
Sanders David G and Sanders Tracy L
Seller's Agent
Patrick Corcoran
Keller Williams Realty Sonoran Living
Buyer's Agent
Jiletta Ryan
HomeSmart
List Price
$1,595,000
Sold Price
$1,525,000
Premium/Discount to List
-$70,000
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.85%
Original Mortgage
$850,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2012
Sold by
Hines Fred H and Hines Diana L
Bought by
Hines Fred H and Hines Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2007
Sold by
C & F Development Llc
Bought by
Hines Fred H and Hines Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
May John C and Love Frank J
Bought by
C & F Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2007
Sold by
Love Jennifer L
Bought by
Love Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 7, 2007
Sold by
National City Bank
Bought by
May John C and Love Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 11, 2007
Sold by
Parrish Michael
Bought by
National City Bank and National City Mortgage Co

Purchase Details

Closed on
Sep 29, 2005
Sold by
Parrish Philip
Bought by
Parrish Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2005
Sold by
Glen Eagle Partners Llc
Bought by
Parrish Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,900
Interest Rate
5.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 20, 2005
Sold by
Parrish Michael
Bought by
Parrish Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,900
Interest Rate
5.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 6, 2005
Sold by
Parrish Martha W
Bought by
Parrish Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,900
Interest Rate
5.56%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sanders Family Trust -- --
Sanders Family Trust -- None Listed On Document
Sanders David G $1,525,000 First American Title
Hines Fred H -- None Available
Hines Fred H $999,900 Security Title Agency Inc
C & F Development Llc -- Security Title Agency Inc
Love Frank J -- First American Title Ins Co
May John C -- First American Title Ins Co
May John C $875,000 First American Title Ins
National City Bank $924,923 Accommodation
Parrish Michael $1,450,000 Capital Title Agency Inc
Parrish Mike $1,018,609 Lawyers Title Ins
Parrish Phillip $1,018,609 Capital Title Agency Inc
Parrish Philip -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanders David G $850,000
Previous Owner Sanders David G $850,000
Previous Owner Hines Fred H $512,000
Previous Owner Hines Fred H $592,000
Previous Owner Hines Fred H $600,000
Previous Owner May John C $87,500
Previous Owner May John C $87,500
Previous Owner May John C $700,000
Previous Owner Parrish Michael T $450,000
Previous Owner Parrish Michael $870,000
Previous Owner Parrish Philip $349,900
Previous Owner Parrish Phillip $650,000
Previous Owner Parrish Philip $650,000
Closed Parrish Michael $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $1,525,000 -4.4% $420 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $1,595,000 -- $439 / 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 $3,995 $85,572 -- --
2024 $3,858 $81,497 -- --
2023 $3,858 $86,580 $17,310 $69,270
2022 $3,704 $75,200 $15,040 $60,160
2021 $4,115 $70,400 $14,080 $56,320
2020 $4,094 $68,700 $13,740 $54,960
2019 $3,964 $68,510 $13,700 $54,810
2018 $3,847 $64,250 $12,850 $51,400
2017 $3,690 $63,130 $12,620 $50,510
2016 $3,667 $63,170 $12,630 $50,540
2015 $3,487 $60,260 $12,050 $48,210
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6340697

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-51-157