NOT LISTED FOR SALE

7531 E Jackrabbit Rd Scottsdale, AZ 85250

Indian Bend Neighborhood

Estimated Value: $1,812,000 - $2,368,000

3 Beds
2 Baths
2,688 Sq Ft
$800/Sq Ft Est. Value

Sale Details

Date Sold: December 28, 2021

Last sale price $1,820,000 $677 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $11,536 / mo

31 Days on Market

Highlights

  • Heated Pool
  • Solar Power System
  • 1.01 Acre Lot
  • Kiva Elementary School Rated A
  • Gated Parking
  • Fireplace in Primary Bedroom

About This Home

As of December 2021

BELOW CURRENT APPRAISED VALUE! Premier residence on 1+ acre lot tucked in quiet Scottsdale/PV neighborhood. Camelback views, within minutes of Fashion Square. Wood vaulted ceilings, neutral palette, skylights, formal dining room, great room w/a two-way stone fireplace, plantation shutters, French doors, and a wet bar adorn the incredible interior. Architecturally & Aesthetically pleasing! Grand primary bedroom boasts a kiva fireplace, plush carpet, French doors leading to the backyard, and a spa-like custom ensuite w/walk-in shower, dual vanities, jetted tub, & ample walk-in closet. The expansive backyard has a koi pond, heated pool that is equipped with high pressure mist system, fire rings, and spa. The large brick patio boasts a beehive fireplace, palm and fruit trees, all creating a resort atmosphere. This home is waiting for you!

Last Agent to Sell the Property

Kimala Adams

HomeSmart License #SA569177000 Listed on: 10/23/2021

HomeSmart

Last Buyer's Agent

whitney larson

eXp Realty License #SA556612000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,080

Year Built

  • Built in 1980

Lot Details

  • 1.01 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Misting System
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Gated Parking

Home Design

  • Santa Barbara Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 2,688 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Two Way Fireplace
  • Gas Fireplace
  • Triple Pane Windows
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Pool

  • Heated Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Solar Power System

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 173-16-043

Community Details

Overview

  • No Home Owners Association
  • Association fees include ground maintenance
  • Privado Village 2 Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,080

Year Built

Built in 1980

Lot Details

1.01 Acres

Parking

2

Listing Details

  • Cross Street: Scottsdale Rd & McDonald Dr
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1980
  • Spa Private: Yes
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.01
  • Subdivision Name: PRIVADO VILLAGE 2
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 677.08
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: Heated, Private
  • Total Bedrooms: 3
  • Fireplace Features: 3+ Fireplace, Two Way Fireplace, Exterior Fireplace, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, No Interior Steps, Vaulted Ceiling(s), Wet Bar, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 2688.0
  • Stories: 1
  • Window Features: Skylight(s), Dual Pane, Triple Pane Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Separate Workshop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Other, Misting System, Storage
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated, Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Storage: Yes
  • Exterior Features:Misting System: Yes
  • Exterior Features:Other6: Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Gated, Garage Door Opener, Attch'd Gar Cabinets, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:Common Area Maint3: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

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

  • Land Lease: No
  • Lot Size Sq Ft: 43874.0
  • Parcel #: 173-16-043

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 4080.0
  • Tax Book Number: 173.00
  • Tax Lot: 59
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2021
Closed on
Jan 5, 2022
Sold by
Gollapalli Lakshman
Bought by
Gollapalli Lakshman and Drsgvrgkv Revocable Living Tru
Seller's Agent
Kimala Adams
HomeSmart
Buyer's Agent
whitney larson
eXp Realty
List Price
$2,159,000
Sold Price
$1,820,000
Premium/Discount to List
-$339,000
-15.7%
Current Estimated Value
$2,108,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,706
Avg. Annual Appreciation
4.02%
Original Mortgage
$1,456,000
Outstanding Balance
$1,328,360
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$823,285

Purchase Details

Listed on
Oct 23, 2021
Closed on
Dec 23, 2021
Sold by
Stephenson David K and Stephenson Bonni J
Bought by
Gollapalli Lakshman
Seller's Agent
Kimala Adams
HomeSmart
Buyer's Agent
whitney larson
eXp Realty
List Price
$2,159,000
Sold Price
$1,820,000
Premium/Discount to List
-$339,000
-15.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,456,000
Outstanding Balance
$1,328,360
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$823,285

Purchase Details

Closed on
May 23, 2012
Sold by
Stephenson David and Stephenson Bonni
Bought by
Stephenson David K and Stephenson Bonni J

Purchase Details

Closed on
Nov 21, 2011
Sold by
Stephenson David
Bought by
Stephenson David and Stephenson Bonni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2003
Sold by
Stephenson David
Bought by
Stephenson David and Tephenson Bonni Jo

Purchase Details

Closed on
Sep 5, 2002
Sold by
Stephenson Bonni J
Bought by
Stephenson David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.29%

Purchase Details

Closed on
Jan 19, 1995
Sold by
Ingram Virginia Ann
Bought by
Stephenson David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
9.09%
Mortgage Type
New Conventional
Source: Public Records
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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
Gollapalli Lakshman -- Accommodation
Gollapalli Lakshman $1,820,000 Driggs Title Agency Inc
Stephenson David K -- None Available
Stephenson David -- Driggs Title Agency Inc
Stephenson David -- Tsa Title Agency
Stephenson David -- First Financial Title Agency
Stephenson David $335,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gollapalli Lakshman $1,456,000
Previous Owner Stephenson David $215,000
Previous Owner Stephenson David $300,700
Previous Owner Stephenson David $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $1,820,000 -8.8% $677 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
10/28/2021 10/28/21 Price Changed $1,995,000 -7.6% $742 / Sq Ft
10/18/2021 10/18/21 For Sale $2,159,000 -- $803 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $4,268 $79,164 -- --
2024 $3,990 $75,395 -- --
2023 $3,990 $125,310 $25,060 $100,250
2022 $3,803 $80,160 $16,030 $64,130
2021 $4,080 $77,200 $15,440 $61,760
2020 $4,050 $75,510 $15,100 $60,410
2019 $3,890 $78,800 $15,760 $63,040
2018 $3,723 $78,720 $15,740 $62,980
2017 $3,553 $77,660 $15,530 $62,130
2016 $3,466 $51,030 $10,200 $40,830
2015 $3,451 $51,030 $10,200 $40,830
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kimala Adams

    HomeSmart

    (602) 790-2521

    4 in this area

    10 Total Sales

    Kimala Adams
    Section Image
  • whitney larson

    Buyer's Agent in 2021

    whitney larson

    eXp Realty

    (602) 930-2774

    1 in this area

    8 Total Sales

    whitney larson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6309051

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-16-043

Arizona Maricopa County Scottsdale 85250 Indian Bend

7531 E Jackrabbit Rd, Scottsdale, AZ

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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