NOT LISTED FOR SALE

7700 E Gainey Ranch Rd Unit 116 Scottsdale, AZ 85258

Gainey Ranch Neighborhood

Estimated Value: $834,648 - $1,059,000

3 Beds
2 Baths
1,895 Sq Ft
$295/mo HOA Fee

Last Sold July 31, 2013

Last sale price $450,000 $237 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,484/month

148 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • Waterfront
  • Cochise Elementary School Rated A
  • Heated Spa
  • Community Lake

About This Home

As of July 2013

ENTER INTO THE BRIGHTLY LIT, OPEN LIVING AREA W/AWESOME VIEWS OUT BACK OF LAGOON W/ FOUNTAIN AND LUSH LANDSCAPING. STUNNING REMODEL.TRAVERTINE FLOORING THROUGHOUT AND ON PATIO W/WOOD FLOORING IN BEDROOMS.FAMILY ROOM OPEN TO KITCHEN.3WAY FIREPLACE, 2 WALK-IN CLOSETS,UPDATED BATHS/KITCHEN W/GRANITE SLAB COUNTERS,TONS OF WINDOWS CREATING MANY BRIGHTLY SUNLIT AREAS.PRIVATE REAR YARD.THE VIEW PATIO WRAPS AROUND THE FAMILY ROOM,LIVING ROOM & MASTER SUITE.INTERIOR COURTYARD.PEACEFUL & SERENE BEST DESCRIBE THIS STUNNING PROPERTY ON 1 LEVEL.PERFECT LOCK AND LEAVE. CLOSE BY PRIVATE POOL FOR SUNSET COVE AND STEPS AWAY FROM THE COMMUNITY CLUB WITH ITS 7-COURT TENNIS CENTER,OLYMPIC POOL & WORKOUT FACILITY. NEW W&D in '09,WATER SOFTNER,HOT WATER HEATER AND FURNACE/AIR HANDLER IN '10.

Last Agent to Sell the Property

Arnold hebert

HomeSmart License #SA543691000 Listed on: 02/01/2013

HomeSmart

Last Buyer's Agent

Helen Hunter

Realty ONE Group License #SA031009000

Realty ONE Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,650

Year Built

  • Built in 1993

Lot Details

  • Waterfront
  • Private Streets
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,895 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Two Way Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Heated Pool

Schools

  • Cochise Elementary School
  • Cocopah Middle School
  • Chaparral High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Unit is below another unit

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number 175-59-408-B

Community Details

Overview

  • Gainey Ranch HOA, Phone Number (480) 951-0321
  • Association Phone (480) 951-0321
  • Built by UNKON
  • Gainey Ranch Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,650

Year Built

Built in 1993

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Cross Street: SCOTTSDALE ROAD AND DOUBLETREE RANCH ROAD
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2 Fee: 295.0
  • HOA #2 Name: GAINEY RANCH HOA
  • HOA #2 Phone Number: 480.951.0321
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 494.0
  • Basement: N
  • Energy Green Feature H E R S Rating: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1993
  • Tax Year: 2012
  • Directions: EAST ON DOUBLETREE RANCH RD FROM SCOTTSDALE RD TO GAINY RANCH RD, NORTH TO GUARD GATE. UNIT #116 IN SUNSET COVE
  • Property Sub Type: Apartment Style/Flat
  • Lot Size Acres: 0.04
  • Subdivision Name: GAINEY RANCH
  • Architectural Style: Ranch
  • Tax Parcel Letter: B
  • ResoBuildingAreaSource: Builder
  • Association Fees:HOA Fee2: 199.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Stone, Wood
  • Spa Features: Community, Heated, None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Two Way Fireplace, Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Furnished(See Rmrks), Fire Sprinklers, No Interior Steps, Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet, Granite Counters
  • Living Area: 1895.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Builder
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Community Spa: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Community Features:Lake Subdivision: Yes
  • Fireplace:Two Way Fireplace: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
  • Pool Features: Community, Heated, None
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail
  • Common Walls: Neighbor Above
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned, Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Lake Subdivision, Pool, Guarded Entry, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Rental OK (See Rmks), Self Managed
  • Association #2 Fee: 295.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: GAINEY RANCH HOA
  • Association Name: GAINEY RANCH HOA
  • Association Phone #2: 480.951.0321
  • Phone: 480-951-0321
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 0.5
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: GAINEY RANCH HOA
  • Association Fees:HOA Telephone4: 480.951.0321
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • 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
  • Association Fee Incl:Pest Control: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Schools

  • Elementary School: Cochise Elementary School
  • High School: Chaparral High School
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1854.0
  • Parcel #: 175-59-408-B
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNKON

Tax Info

  • Tax Annual Amount: 2650.0
  • Tax Book Number: 175.00
  • Tax Lot: 116
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Jul 16, 2013
Sold by
Sump Randy J
Bought by
Bakken Mark Alfred and Arthur Tracy Janice
Seller's Agent
Arnold hebert
HomeSmart
Buyer's Agent
Helen Hunter
Realty ONE Group
List Price
$517,000
Sold Price
$450,000
Premium/Discount to List
-$67,000
-12.96%
Current Estimated Value
$933,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,412
Avg. Annual Appreciation
6.19%
Original Mortgage
$335,000
Outstanding Balance
$244,652
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$688,760

Purchase Details

Closed on
Feb 13, 2009
Sold by
Osuji Family Limited Partnership
Bought by
Sump Randy J and Randy J Sump Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2006
Sold by
Queenin Brian J
Bought by
Osuji Family Lp

Purchase Details

Closed on
Aug 19, 1996
Sold by
Shank Judith
Bought by
Queenin Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
8.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bakken Mark Alfred $450,000 Security Title Agency
Sump Randy J $560,000 Fidelity Natl Title Ins Co
Osuji Family Lp $610,000 Title Partners Of Phoenix Ll
Queenin Brian J $240,000 Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakken Mark Alfred $335,000
Previous Owner Sump Randy J $417,000
Previous Owner Queenin Brian J $276,000
Previous Owner Queenin Brian J $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $450,000 -4.2% $237 / Sq Ft
06/29/2013 06/29/13 Pending -- -- --
06/15/2013 06/15/13 Price Changed $469,900 -3.1% $248 / Sq Ft
05/18/2013 05/18/13 Price Changed $485,000 -6.2% $256 / Sq Ft
04/28/2013 04/28/13 For Sale $517,000 0.0% $273 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $517,000 -- $273 / 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 $3,103 $45,857 -- --
2024 $3,067 $43,673 -- --
2023 $3,067 $51,310 $10,260 $41,050
2022 $2,910 $40,450 $8,090 $32,360
2021 $3,091 $37,860 $7,570 $30,290
2020 $3,064 $35,930 $7,180 $28,750
2019 $3,057 $35,380 $7,070 $28,310
2018 $3,103 $35,320 $7,060 $28,260
2017 $3,004 $34,710 $6,940 $27,770
2016 $2,946 $33,150 $6,630 $26,520
2015 $2,804 $36,310 $7,260 $29,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4883732

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-59-408B