NOT LISTED FOR SALE

7501 E Edward Ln Scottsdale, AZ 85250

Indian Bend Neighborhood

Estimated Value: $1,157,195 - $1,541,000

0.88 Acre
$1,513,124 Price per Acre
38,333 Sq Ft Lot

Last Sold November 13, 2019

Last sale price $850,000

Est. 57% increase in value since last sale

Current estimated payment $7,230/month

443 Days on Market

Highlights

  • 0.88 Acre Lot
  • No HOA
  • Level Lot
  • Kiva Elementary School Rated A

About This Lot

As of November 2019

Strategically located custom home site. Infill location in Scottsdale moments from downtown business center, shopping, fine dining, and entertainment district. Secluded rural character with the convenience of urban proximity. Original homestead structure rehabilitated in 2006 as work studio and guest house. Renowned Scottsdale Architects' private residence with complete plans for a custom modern residence available to qualified purchaser. Showing by appointment only. Please call for appointment and additional information. Site is permit ready with existing design to you own design. Contiguous property recently closed for $1,500,000 for the construction of luxury private residence legacy project for buyer

Last Agent to Sell the Property

Timothy Burns

Arizona Sunset Realty License #BR007241000 Listed on: 07/31/2018

Co-Listed By

Thomas Noble

Arizona Sunset Realty License #BR005800000

Last Buyer's Agent

Lisa Parker

Compass License #SA655704000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,210

Lot Details

  • 0.88 Acre Lot
  • Level Lot

Additional Homes

  • Residence on Property

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 174-16-007-E

Property Details

Property Type

Land

Est. Annual Taxes

$2,210

Lot Details

0

Listing Details

  • Cross Street: Lincoln and Scottsdale
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Other, See Remarks, Plans Available
  • Topography: Level
  • Zoning: res
  • Tax Year: 2017
  • Directions: Lincoln and Scottsdale Rd Directions: Scottsdale Rd to Lincoln east on Lincoln to 75th st- south to Edward, west into cul de sac to home. Great area with new builds and remodels happening.
  • Horses: No
  • Lot Size Acres: 0.88
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: ppaz01
  • Co List Office Phone: 480-607-4800
  • Subdivision Name: None
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Other Structures: Residence

Utilities

  • Electric: APS, SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: irr
  • Lot Size Sq Ft: 38425.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 174-16-007-E
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2210.0
  • Tax Book Number: 174.00
  • Tax Lot: -
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2024
Sold by
Cigolle Mark E
Bought by
Mark Cigolle Separate Property Trust and Cigolle
Current Estimated Value
$1,331,549

Purchase Details

Listed on
Jul 31, 2018
Closed on
Nov 7, 2019
Sold by
Sydnor Douglas B and Sydnor Sonia P
Bought by
Cigolle Mark E
Seller's Agent
Timothy Burns
Arizona Sunset Realty
Buyer's Agent
Lisa Parker
Compass
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%

Purchase Details

Listed on
Jul 31, 2018
Closed on
Oct 21, 2019
Sold by
Coleman Katharine H
Bought by
Cigolle Mark E
Seller's Agent
Timothy Burns
Arizona Sunset Realty
Buyer's Agent
Lisa Parker
Compass
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%

Purchase Details

Closed on
Nov 9, 2005
Sold by
Jones Jane Ellis
Bought by
Sydnor Douglas B and Sydnor Sonia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 1995
Sold by
Ellis Michael G
Bought by
Jones Janie Ellis
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mark Cigolle Separate Property Trust -- None Listed On Document
Cigolle Mark E $850,000 Landmark Ttl Assurance Agcy
Cigolle Mark E -- Landmark Ttl Assurance Agcy
Sydnor Douglas B $600,000 Security Title Agency Inc
Jones Janie Ellis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sydnor Douglas B $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2019 11/13/19 Sold $850,000 -2.3% --
11/26/2018 11/26/18 Price Changed $870,000 -2.8% --
07/30/2018 07/30/18 For Sale $895,000 -- --
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 $2,041 $36,961 -- --
2024 $2,062 $35,201 -- --
2023 $2,062 $68,160 $13,630 $54,530
2022 $1,963 $52,780 $10,550 $42,230
2021 $2,130 $47,670 $9,530 $38,140
2020 $2,111 $39,480 $7,890 $31,590
2019 $2,383 $35,560 $7,110 $28,450
2018 $2,308 $30,820 $6,160 $24,660
2017 $2,210 $31,680 $6,330 $25,350
2016 $2,167 $32,280 $6,450 $25,830
2015 $2,063 $26,480 $5,290 $21,190
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Timothy Burns

    Arizona Sunset Realty

  • T

    Seller Co-Listing Agent in 2019

    Thomas Noble

    Arizona Sunset Realty

  • Lisa Parker

    Buyer's Agent in 2019

    Lisa Parker

    Compass

    (480) 363-3725

    3 in this area

    8 Total Sales

    Lisa Parker
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5800365

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-16-007E

Arizona Maricopa County Scottsdale 85250 Indian Bend

7501 E Edward Ln, Scottsdale, AZ

This home is located at 7501 E Edward Ln, Scottsdale, AZ 85250 since 31 July 2018 and is currently estimated at $1,331,549. 7501 E Edward Ln is a home located in Maricopa County with nearby schools including Kiva Elementary School, Mohave Middle School, and Saguaro 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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