NOT LISTED FOR SALE

7502 E Monterra Way Scottsdale, AZ 85266

Desert Foothills Neighborhood

Estimated Value: $1,432,614 - $1,614,000

5 Beds
3 Baths
3,545 Sq Ft
$438/Sq Ft Est. Value

Last Sold August 21, 2013

Last sale price $667,500 $188 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $8,239/month

103 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Covered patio or porch
  • Sonoran Trails Middle School Rated A-
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of August 2013

ABSOLUTELY FABULOUS 5 BEDROOM PLUS AN OFFICE/DEN WITH 3 FULL
BATHROOMS. THIS RESIDENCE IS ON ONE OF THE LARGEST LOTS IN MONTERRA,(42,410SF). WONDERFUL, SPACIOUS OPEN FLOOR PLAN WITH A MASTER BEDROOM SPLIT, FORMAL DINING ROOM, EAT-IN KITCHEN WHICH OPENS TO A WELCOMING FAMILY ROOM WITH A GAS FIREPLACE, ATTRACTIVE MANTEL AND BUILT-INS. BEAUTIFUL CHERRY WOOD & TILE FLOORS, GRANITE COUNTERTOPS, PLANTATION SHUTTERS, STAINLESS APPLIANCES, GAS COOKTOP AND A WALK-IN PANTRY. THERE IS A SWIMMING POOL & SPA IN THE BACKYARD WHICH OFFERS LOADS OF PRIVACY AND A GRASSY AREA. A PERFECT FAMILY ENVIRONMENT OR IDEAL FOR SOMEONE WHO LOVES TO ENTERTAIN!

Last Agent to Sell the Property

Deborah Rivers

AZ Brokerage Holdings, LLC License #BR036986000 Listed on: 04/05/2013

AZ Brokerage Holdings, LLC

Last Buyer's Agent

Jenny Leahy

Russ Lyon Sotheby's International Realty License #SA036259000

Russ Lyon Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,424

Year Built

  • Built in 1998

Lot Details

  • 0.97 Acre Lot
  • Desert faces the front and back of the property
  • Block Wall Fence

Parking

  • 3 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,545 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Security System Owned
  • Fire Sprinkler System

Pool

  • Spa
  • Play Pool

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch

Community Details

  • Property has a Home Owners Association
  • Tri City Prop Man. Association, Phone Number (480) 844-2224
  • Monterra Subdivision

Listing and Financial Details

  • Tax Lot 118
  • Assessor Parcel Number 212-23-119

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,424

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Cross Street: Scottsdale & Jomax Roads
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 27.83
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1998
  • Spa Private: Yes
  • Tax Year: 2012
  • Directions: From the 101 N on Scottsdale N of Pinnacle Peak Rd, E on Jomax, N on 74th Street, Rt on Monterra Way to home on left hand side.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.97
  • Subdivision Name: Monterra
  • Efficiency: Multi-Zones
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 167.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile, Wood
  • Spa Features: Private
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Fire Sprinklers, No Interior Steps, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 3545.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Kitchen Features:Multiple Ovens: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Desert Back, Desert Front
  • Pool Features: Play Pool
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Inside, Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Management
  • Association Fee Frequency: Semi-Annually
  • Association Name: Tri-City Prop Man.
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 120.0
  • Association Fees:HOA Paid Frequency: Semi-Annually
  • Association Fees:HOA Name4: Tri-City Prop Man.
  • Association Fees:HOA Telephone4: 480 844 2224
  • 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_: %

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 42410.0
  • Parcel #: 212-23-119
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2424.0
  • Tax Book Number: 212.00
  • Tax Lot: 118
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jul 17, 2013
Sold by
Erickson Scott A and Doyle Casey Lyn
Bought by
Publik Joseph and Publik Maria
Seller's Agent
Deborah Rivers
AZ Brokerage Holdings, LLC
Buyer's Agent
Jenny Leahy
Russ Lyon Sotheby's International Realty
List Price
$700,000
Sold Price
$667,500
Premium/Discount to List
-$32,500
-4.64%
Current Estimated Value
$1,451,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$784,180
Avg. Annual Appreciation
7.30%
Original Mortgage
$200,000
Outstanding Balance
$151,237
Interest Rate
4.51%
Mortgage Type
New Conventional
Estimated Equity
$1,401,917

Purchase Details

Closed on
Aug 12, 2005
Sold by
Erickson Scott A and Erickson Casey
Bought by
Erickson Scott A and Erickson Casey D

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
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2005
Sold by
Doub Richard V and Doub Terry L
Bought by
Erickson Scott A and Erickson Casey

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
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 1998
Sold by
Transnation Title Insurance Company
Bought by
The Tom Knoell Company

Purchase Details

Closed on
May 5, 1997
Sold by
Knoell Homes Inc
Bought by
Doub Richard and Doub Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,800
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 1997
Sold by
The Tom Knoell Company
Bought by
Knoell Homes Inc
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
Publik Joseph $667,500 First American Title Company
Erickson Scott A -- First American Title Ins Co
Erickson Scott A $878,600 First American Title Ins Co
The Tom Knoell Company -- Fidelity Title
Doub Richard $355,398 Fidelity Title
Knoell Homes Inc -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Publik Joseph $200,000
Previous Owner Erickson Scott A $600,000
Previous Owner Doub Richard $551,250
Previous Owner Doub Richard $145,000
Previous Owner Doub Richard $324,800
Closed Doub Richard $40,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2013 08/21/13 Sold $667,500 -4.6% $188 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $700,000 -- $197 / 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 $3,489 $74,728 -- --
2024 $3,370 $71,170 -- --
2023 $3,370 $90,650 $18,130 $72,520
2022 $3,235 $73,870 $14,770 $59,100
2021 $3,593 $67,200 $13,440 $53,760
2020 $3,535 $61,050 $12,210 $48,840
2019 $3,423 $57,910 $11,580 $46,330
2018 $3,321 $55,810 $11,160 $44,650
2017 $3,186 $55,010 $11,000 $44,010
2016 $3,167 $54,130 $10,820 $43,310
2015 $3,011 $52,150 $10,430 $41,720
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Deborah Rivers

    Realty Executives

    Section Image
  • Jenny Leahy

    Buyer's Agent in 2013

    Jenny Leahy

    Russ Lyon Sotheby's International Realty

    (480) 861-8080

    41 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4915411

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-23-119

Arizona Maricopa County Scottsdale 85266 Desert Foothills

7502 E Monterra Way, Scottsdale, AZ

This home is located at 7502 E Monterra Way, Scottsdale, AZ 85266 since 05 April 2013 and is currently estimated at $1,553,154, approximately $438 per square foot. This property was built in 1998. 7502 E Monterra Way is a home located in Maricopa County with nearby schools including Desert Sun Academy, Sonoran Trails Middle School, and Cactus Shadows 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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