$1,330,477
SOLD OCT 5, 2018

7502 E Main St Unit 3001 Scottsdale, AZ 85251

Old Town Scottsdale Neighborhood
2 Beds
2.5 Baths
2,419 Sq Ft
$406/mo HOA Fee

Recently Sold

$550 Per Sq Ft

8% Below List Price

504 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Gated Parking
  • Navajo Elementary School Rated A-
  • Solar Power System
  • City Lights View

About This Home

As of October 2018

Terrace Residences in the Heart of Old Town. Defined by its Main Street location, cul-de-sac size, outdoor spaces, corner units (all) and complete flow- through 'split' floor plans. Eleven single- level, mid-rise luxury condominiums designed with privacy in mind. Averaging 2,400sq. ft., 2 Bedrooms + Den that can be totally customized from the floor plan to the very high standard finish level. Residential homes are located above the small street level commercial/retail space that is perfect for a coffee shop, office or market restaurant. Transitional, contemporary architecture, by Allen + Philp, concrete slab (each floor) + steel construction, over-sized high efficiency thermal pane sliding windows.

Last Agent to Sell the Property

Robert Nathan

Engel & Voelkers Scottsdale License #BR006110000 Listed on: 12/07/2016

Engel & Voelkers Scottsdale

Co-Listed By

Sandra Wilken

America One Luxury Real Estate License #BR015674000

Last Buyer's Agent

Jennifer Matheson

RE/MAX Fine Properties License #SA114027000

RE/MAX Fine Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 2017

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $406 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Gated Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Home to be built
  • Designed by Allen + Philp Architects
  • Contemporary Architecture
  • Concrete Roof
  • Stone Exterior Construction
  • Metal Construction or Metal Frame
  • Synthetic Stucco Exterior

Interior Spaces

  • 2,419 Sq Ft Home
  • 4-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 2 Fireplaces

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

Accessible Home Design

  • Accessible Hallway
  • Stepless Entry
  • Hard or Low Nap Flooring

Eco-Friendly Details

  • Mechanical Fresh Air
  • Solar Power System

Outdoor Features

  • Balcony

Location

  • Unit is on the top floor
  • Property is near a bus stop

Schools

  • Navajo Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Zoned Heating
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 130-25-141

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, ground maintenance, street maintenance, trash, water, roof replacement, maintenance exterior
  • Main St Pl Condo Association
  • High-Rise Condominium
  • Built by Alexander Building Company
  • Main Street Place Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,000

Year Built

Built in 2017

Lot Details

0

HOA Fees

$406 per month

Parking

2

Listing Details

  • Cross Street: 75th St. & Main Street
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • Architect Architect: Allen + Philp
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 406.0
  • Basement: N
  • Cooling HVAC SEER Rating: 16
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2017
  • Tax Year: 2016
  • Property Sub Type: Apartment
  • Horses: No
  • Lot Size Acres: 0.05
  • Co List Office Mls Id: swlp01
  • Co List Office Phone: 480-596-0001
  • Subdivision Name: Main Street Place
  • Architectural Style: Contemporary
  • New Construction: No
  • Efficiency: Solar Panels, Fresh Air Mechanical, Multi-Zones
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 406.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Building Style:High Rise: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Zero-Grade Entry, Hard/Low Nap Floors, Accessible Hallway(s)
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, Elevator, Fire Sprinklers, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 2419.0
  • Stories: 4
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Community Features:Near Bus Stop: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony
  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Agency Discl Req, Spr Fnd/WQARF/DOD
  • Common Walls: Two Common Walls, Neighbor Below, End Unit
  • Construction Type: EIFS Synthetic Stcco, See Remarks, Painted, Stone, Frame - Metal
  • Property Condition: To Be Built
  • Roof: Concrete
  • Construction:Other (See Remarks)23: Yes
  • Construction:Frame - Metal: Yes
  • Exterior Features:Balcony: Yes
  • Construction Status:To Be Built: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Electric Door Opener, Gated
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Gated Parking: Yes

Utilities

  • Cooling: Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa Htd, Community Pool Htd, Near Bus Stop, Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 406.0
  • Association Fee Frequency: Monthly
  • Association Name: Main St Pl Condo
  • Phone: TBD
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 900.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Main St Pl Condo
  • Association Fees:HOA Telephone4: TBD
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Maintenance Grounds, Street Maint, Trash, Water, Roof Replacement, Maintenance Exterior

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2326.0
  • Parcel #: 130-25-141
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat, Recirculation Pump

Building Info

  • Builder Name: Alexander Building Company

Tax Info

  • Tax Annual Amount: 10000.0
  • Tax Book Number: 130.00
  • Tax Lot: 31
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Oct 5, 2018
Sold by
Main Street Place Llc
Bought by
Shaw John H and Shaw Elizabeth L
Seller's Agent
Ed Gunkel
RE/MAX Fine Properties
Buyer's Agent
Caren Pereira
Griggs's Group Powered by The Altman Brothers
Sold Price
$5,200
Current Estimated Value
$1,443,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,438,183
Avg. Annual Appreciation
1.17%
Original Mortgage
$927,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Special Warranty Deed $1,330,801 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $927,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2019 10/05/19 Rented $6,000 +15.4% --
10/02/2019 10/02/19 Under Contract -- -- --
09/12/2019 09/12/19 For Rent $5,200 0.0% --
11/17/2018 11/17/18 Rented $5,200 0.0% --
11/13/2018 11/13/18 Under Contract -- -- --
10/08/2018 10/08/18 For Rent $5,200 0.0% --
10/05/2018 10/05/18 Sold $1,330,477 -8.2% $550 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $1,450,000 +9.0% $599 / Sq Ft
04/02/2018 04/02/18 Off Market $1,330,477 -- --
01/27/2017 01/27/17 Price Changed $1,450,000 +19.8% $599 / Sq Ft
12/07/2016 12/07/16 For Sale $1,210,000 -- $500 / 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 $8,535 $125,771 -- --
2024 $8,433 $119,782 -- --
2023 $8,433 $138,000 $27,600 $110,400
2022 $8,009 $115,650 $23,130 $92,520
2021 $8,510 $124,850 $24,970 $99,880
2020 $8,436 $118,380 $23,670 $94,710
2019 $8,140 $130,350 $26,070 $104,280
2018 $582 $9,945 $9,945 $0
2017 $557 $9,945 $9,945 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Ed Gunkel

    RE/MAX

    Section Image

  • L

    Seller Co-Listing Agent in 2019

    Lindsey-Maree Dundon

    RE/MAX

    (602) 717-3357

    17 Total Sales

    Lindsey-Maree Dundon
    Section Image

  • L

    Buyer's Agent in 2019

    Logan Means

    GNS Realty- AZ, LLC

    Section Image
  • Robert Nathan

    Seller's Agent in 2018

    Robert Nathan

    Engel & Voelkers Scottsdale

    (480) 695-6031

    1 in this area

    73 Total Sales

    Robert Nathan
    Section Image
  • Sandra Wilken

    Seller Co-Listing Agent in 2018

    Sandra Wilken

    America One Luxury Real Estate

    (480) 390-6050

    63 Total Sales

    Sandra Wilken
    Section Image

  • C

    Buyer's Agent in 2018

    Caren Pereira

    Griggs's Group Powered by The Altman Brothers

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5533635

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-25-141

Arizona Maricopa County Scottsdale 85251 Old Town Scottsdale

7502 E Main St Unit 3001, Scottsdale, AZ

This home is located at 7502 E Main St Unit 3001, Scottsdale, AZ 85251 and is currently priced at $1,330,477, approximately $550 per square foot. This property was built in 2017. 7502 E Main St Unit 3001 is a home located in Maricopa County with nearby schools including Navajo Elementary School, Pueblo Elementary School, and Mohave Middle 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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