NOT LISTED FOR SALE

7657 E Meadowbrook Ave Unit 2 Scottsdale, AZ 85251

Indian Bend Neighborhood

Estimated Value: $486,000 - $531,000

2 Beds
2 Baths
1,460 Sq Ft
$345/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $440,000 $301 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,903/month

18 Days on Market

Highlights

  • The property is located in a historic district
  • Clubhouse
  • Covered Patio or Porch
  • Navajo Elementary School Rated A-
  • Heated Community Pool
  • Eat-In Kitchen

About This Home

As of November 2022

*** MOVE IN READY *** Huge double carport *** 2 Bedrooms/2 Bathrooms/Den *** Ages 40 and up can buy in this section *** Rentals allowed *** Single level *** Scottsdale Historic Designation *** Old Town Location approx 1 mile (5 minutes) to Fashion Square Mall & Waterfront *** Updated kitchen (cabinets, sold surface counters, tiled backsplash, stainless steel appliances *** Trane Air Conditioner 9 years old *** Water heater 1 year old *** Sewer line to street replaced 2016 *** Roof recoated 2019 *** Dual Pane Windows *** Both bathrooms updated with subway tiled showers, glass enclosures, vanities, fixtures, lighting *** Brand new interior paint * Gorgeous Mission style wood front door *** Dark wood laminate flooring all thru *** Dedicated laundry/utility room *** Easy care desert landscaping *** Large patio & yard with pavers, flowering bushes & plants *** Community pool, spa, ramada *** Also close to Chaparral Lake/Park, Safeway shopping center, world-class dining, sporting events, golf, tennis & greenbelt with miles of hiking & biking trails * See today!

Last Agent to Sell the Property

Nina Cimini

HomeSmart Brokerage Phone: 480-251-5914 License #SA529200000 Listed on: 10/06/2022

HomeSmart

Last Buyer's Agent

Rob Drake

RE/MAX Excalibur License #SA515024000

RE/MAX Excalibur

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1962

Lot Details

  • 3,710 Sq Ft Lot
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Backyard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 1,460 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Laminate Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms

Schools

  • Adult Elementary And Middle School
  • Adult High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • The property is located in a historic district

Listing and Financial Details

  • Tax Lot C/17
  • Assessor Parcel Number 173-60-089

Community Details

Overview

  • Association fees include ground maintenance
  • Built by FRIEDMAN BROTHERS
  • Villa Monterey 2 Subdivision, Double Carport! Floorplan

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Heated Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,074

Year Built

Built in 1962

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Cross Street: CAMELBACK & MILLER ROADS
  • 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: 41.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Updated Floors: Full
  • Updated Heating or Cooling Units: Full
  • Updated Kitchen: Full
  • Updated Plumbing: Partial
  • Updated Roof: Full
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1962
  • Tax Year: 2022
  • Directions: NORTH ON MILLER, TURN EAST ON COOLIDGE, THEN SOUTH ON 76TH PLACE, THEN EAST ON MEADOWBROOK TO PROPERTY ON SOUTH SIDE OF STREET.
  • Master Model: DOUBLE CARPORT!
  • Attribution Contact: 480-251-5914
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.09
  • Subdivision Name: VILLA MONTEREY 2
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 500.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, 3/4 Bath Master Bdrm, High Speed Internet
  • Living Area: 1460.0
  • Stories: 1
  • Window Features: Dual Pane
  • ResoLivingAreaSource: Assessor
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Other Rooms:Family Room: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Community Features:Historic District: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Rear, Desert Back, Desert Front, Auto Timer H2O Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Historic District, Clubhouse
  • Amenities: Rental OK (See Rmks), Self Managed
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association Name: VILLA MONTEREY 2
  • Phone: 480-994-5071
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Annually
  • Association Fees:HOA Name4: VILLA MONTEREY 2
  • Association Fees:HOA Telephone4: 480-994-5071
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 250.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Disclosure Fees HOA: 250.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: SELF MANAGED
  • Association Fees:HOA Management Phone: VMRA2.COM
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Adult
  • High School: Adult
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Adult

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3710.0
  • Parcel #: 173-60-089
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: FRIEDMAN BROTHERS

Tax Info

  • Tax Annual Amount: 1074.0
  • Tax Book Number: 173.00
  • Tax Lot: C/17
  • Tax Map Number: 60.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 21, 2022
Sold by
Posa Craig L and Posa Ann Edwards
Bought by
Patricia M Schmitt Trust
Seller's Agent
Nina Cimini
HomeSmart
Buyer's Agent
Rob Drake
RE/MAX Excalibur
List Price
$518,000
Sold Price
$440,000
Premium/Discount to List
-$78,000
-15.06%
Views
39
Current Estimated Value
$504,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,192
Avg. Annual Appreciation
5.06%

Purchase Details

Closed on
Sep 21, 2004
Sold by
Clark Neal D and Clark Norma J
Bought by
Posa Craig L and Posa Ann E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 1, 2003
Sold by
Harper Mary B
Bought by
Clark Neal D and Clark Norma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2001
Sold by
Harper Mary B
Bought by
Harper Mary B and Mary B Harper Trust

Purchase Details

Closed on
Jan 12, 2001
Sold by
Macauliffe Barbara
Bought by
Harper Mary B

Purchase Details

Closed on
Mar 22, 1999
Sold by
Schneider Mary
Bought by
Macauliffe Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.1%
Mortgage Type
Balloon
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
Patricia M Schmitt Trust $440,000 First Arizona Title
Posa Craig L $195,000 First American Title Ins Co
Clark Neal D $159,000 First Financial Title Agency
Harper Mary B -- --
Harper Mary B $125,500 Equity Title Agency Inc
Macauliffe Barbara -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Neal D $65,000
Previous Owner Posa Craig L $45,000
Previous Owner Clark Neal D $64,100
Previous Owner Clark Neal D $143,100
Previous Owner Macauliffe Barbara $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $440,000 -9.3% $301 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $485,000 -6.4% $332 / Sq Ft
10/06/2022 10/06/22 For Sale $518,000 -- $355 / 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 $1,368 $20,225 -- --
2024 $1,353 $19,262 -- --
2023 $1,353 $36,450 $7,290 $29,160
2022 $1,074 $28,680 $5,730 $22,950
2021 $1,165 $26,220 $5,240 $20,980
2020 $1,155 $23,780 $4,750 $19,030
2019 $1,120 $21,880 $4,370 $17,510
2018 $1,094 $20,550 $4,110 $16,440
2017 $1,032 $18,520 $3,700 $14,820
2016 $1,012 $18,300 $3,660 $14,640
2015 $972 $16,710 $3,340 $13,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6473601

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-60-089