NOT LISTED FOR SALE

7538 E Monterra Way Scottsdale, AZ 85266

Desert Foothills Neighborhood

Estimated Value: $1,443,000 - $1,633,000

5 Beds
3 Baths
3,781 Sq Ft
$405/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $1,350,000 $357 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,154/month

103 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • 3 Car Direct Access Garage
  • Sonoran Trails Middle School Rated A-
  • Covered patio or porch
  • Double Pane Windows

About This Home

As of October 2022

Beautiful North Scottsdale community of Monterra offering this semi-custom home w/beautiful upgrades on a full acre offering privacy and serenity. Designer palette w/modern finishes! Open design w/high ceilings! Great split 5BR, 3 BA + office, + work out room! Enjoy a 3-car garage + RV gate! Modern open-concept kitchen features SS appliances & gas cook top, dual ovens, built-in micro, amazing walk-in pantry & entertainers island/breakfast bar! Cozy Fireplace & sweeping views of sparkling pool/spa, easy care synthetic grass, & desert wash vista. Natural stone Baths w/honed travertine, gorgeous master w/spa soaking tub & glass enclosed shower! LED recessed lighting throughout! Enjoy lower property taxes, Cave Creek School district, 5 miles to HWY 101, Great Scottsdale Shopping, Golf.. Dining, 8 miles to downtown Cave Creek. You will be impressed with all this home has to offer! Call to see today!

Last Agent to Sell the Property

Laura Myers

Keller Williams Arizona Realty License #BR552654000 Listed on: 06/21/2022

Keller Williams Arizona Realty

Last Buyer's Agent

Kari Gutierrez

HomeSmart License #SA546129000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,616

Year Built

  • Built in 1998

Lot Details

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

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,781 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Family Room with Fireplace
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Covered patio or porch
  • Fire Pit

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
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 120
  • Assessor Parcel Number 212-23-121

Community Details

Overview

  • Association fees include ground maintenance
  • Tri City Prop Mngmnt Association, Phone Number (480) 844-2224
  • Built by Knoell Homes
  • Monterra Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,616

Year Built

Built in 1998

Lot Details

0

HOA Fees

$51 per month

Parking

3

Listing Details

  • Cross Street: Scottsdale Road & Jomax
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 50.77
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2015
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2015
  • 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: 2021
  • Directions: East on Jomax Road, north (left) on N 74rth Street, east(right) on Monterra Way to property on left side of street.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 1.01
  • Subdivision Name: MONTERRA
  • Architectural Style: Ranch
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • Association Fees:HOA Fee2: 304.6
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: No
  • Spa Features: Private
  • Possible Bedrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: 1 Fireplace, Fire Pit, Family Room, Gas
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Living Area: 3781.0
  • Stories: 1
  • Window Features: Vinyl Frame, Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Appraiser
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • 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: Dir Entry frm Garage, Electric Door Opener, RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:RV Gate: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Biking/Walking Path
  • Amenities: Management
  • Association Fee: 304.6
  • Association Fee Frequency: Semi-Annually
  • Association Name: Jomax Monterra Cmmty
  • 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: Jomax Monterra Cmmty
  • 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:HOA Management Company: Tri-City Prop Mngmnt
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Desert Sun Academy
  • 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: 43911.0
  • Parcel #: 212-23-121
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Knoell Homes

Tax Info

  • Tax Annual Amount: 3616.0
  • Tax Book Number: 212.00
  • Tax Lot: 120
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Oct 20, 2022
Sold by
Klype Jan Roar and Klype Theresa Emily
Bought by
Shmalberg Virginia F and Shmalberg Jack C
Seller's Agent
Laura Myers
Keller Williams Arizona Realty
Buyer's Agent
Kari Gutierrez
HomeSmart
List Price
$1,600,000
Sold Price
$1,350,000
Premium/Discount to List
-$250,000
-15.62%
Views
4
Current Estimated Value
$1,426,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,554
Avg. Annual Appreciation
1.83%
Original Mortgage
$191,968
Outstanding Balance
$185,600
Interest Rate
6.02%
Mortgage Type
Seller Take Back
Estimated Equity
$1,234,359

Purchase Details

Listed on
Oct 20, 2016
Closed on
Dec 5, 2016
Sold by
Lauterbach William S and Lauterbach Beth F
Bought by
Klype Jan Roar and Klype Theresa Emily
Seller's Agent
Christopher Perez
Engel & Voelkers Scottsdale
Buyer's Agent
Laura Myers
Keller Williams Arizona Realty
List Price
$745,000
Sold Price
$740,000
Premium/Discount to List
-$5,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$518,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2016
Sold by
Lauterbach William S and Lauterbach Beth F
Bought by
Lauterbach Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 18, 2013
Sold by
Lauterbach William S and Lauterbach Beth F
Bought by
Lauterbach William S and Lauterbach Beth F

Purchase Details

Closed on
Oct 25, 2006
Sold by
Lauterbach William S and Lauterbach Beth F
Bought by
Lauterbach William S and Lauterbach Beth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2006
Sold by
Lauterbach William S and Lauterbach Beth F
Bought by
Lauterbach William S and Lauterbach Beth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2005
Sold by
Lauterbach William S and Lauterbach Beth F
Bought by
Lauterbach William S and Lauterbach Beth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2003
Sold by
Lauterbach William S and Lauterbach Beth F
Bought by
Lauterbach William S and Lauterbach Beth F

Purchase Details

Closed on
Dec 16, 1997
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
Lauterbach William S and Lauterbach Beth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,550
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
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
Shmalberg Virginia F $1,350,000 Equitable Title
Klype Jan Roar $740,000 Security Title Agency Inc
Lauterbach Family Trust -- Lawyers Title Of Arizona Inc
Lauterbach William S -- Lawyers Title Of Arizona Inc
Lauterbach William S -- None Available
Lauterbach William S -- Transnation Title Ins Co
Lauterbach William S -- Transnation Title Ins Co
Lauterbach William S -- Transnation Title
Lauterbach William S -- Transnation Title
Lauterbach William S -- --
The Tom Knoell Company -- Fidelity Title
Lauterbach William S $373,023 Fidelity Title
Knoell Homes Inc -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shmalberg Virginia F $191,968
Previous Owner Klype Jan Roar $518,000
Previous Owner Lauterbach William S $593,500
Previous Owner Lauterbach William S $705,000
Previous Owner Lauterbach William S $682,500
Previous Owner Lauterbach William S $322,550
Closed Lauterbach William S $40,322
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $1,350,000 -6.3% $357 / Sq Ft
10/02/2022 10/02/22 Pending -- -- --
09/01/2022 09/01/22 Price Changed $1,440,000 -3.9% $381 / Sq Ft
07/21/2022 07/21/22 Price Changed $1,499,000 -6.3% $396 / Sq Ft
06/21/2022 06/21/22 For Sale $1,600,000 +116.2% $423 / Sq Ft
12/06/2016 12/06/16 Sold $740,000 -0.7% $196 / Sq Ft
10/20/2016 10/20/16 For Sale $745,000 -- $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 $3,511 $75,199 -- --
2024 $3,391 $71,618 -- --
2023 $3,391 $89,160 $17,830 $71,330
2022 $3,255 $74,180 $14,830 $59,350
2021 $3,616 $67,470 $13,490 $53,980
2020 $3,557 $61,300 $12,260 $49,040
2019 $3,445 $58,150 $11,630 $46,520
2018 $3,342 $56,030 $11,200 $44,830
2017 $3,206 $55,230 $11,040 $44,190
2016 $3,187 $54,330 $10,860 $43,470
2015 $3,030 $52,350 $10,470 $41,880
Source: Public Records

Agents Affiliated with this Home

  • Laura Myers

    Seller's Agent in 2022

    Laura Myers

    Keller Williams Arizona Realty

    (480) 600-6213

    2 in this area

    140 Total Sales

    Section Image
  • Kari Gutierrez

    Buyer's Agent in 2022

    Kari Gutierrez

    HomeSmart

    (480) 570-8548

    1 in this area

    55 Total Sales

    Section Image

  • C

    Seller's Agent in 2016

    Christopher Perez

    Engel & Voelkers Scottsdale

    (602) 954-6888

    7 Total Sales

    Section Image
  • Amy Andelora

    Seller Co-Listing Agent in 2016

    Amy Andelora

    HomeSmart

    (602) 301-3107

    11 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6420947

Arizona Regional Multiple Listing Service (ARMLS)

APN: 212-23-121

Arizona Maricopa County Scottsdale 85266 Desert Foothills

7538 E Monterra Way, Scottsdale, AZ

This home is located at 7538 E Monterra Way, Scottsdale, AZ 85266 since 21 June 2022 and is currently estimated at $1,531,566, approximately $405 per square foot. This property was built in 1998. 7538 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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