NOT LISTED FOR SALE

7707 E Mcdowell Rd Scottsdale, AZ 85257

South Scottsdale Neighborhood

Estimated Value: $22,516,032

-- Bed
-- Bath
5,500 Sq Ft
$4,094/Sq Ft Est. Value

About This Home

This home is located at 7707 E Mcdowell Rd, Scottsdale, AZ 85257 and is currently estimated at $22,516,032, approximately $4,093 per square foot. 7707 E Mcdowell Rd is a home located in Maricopa County with nearby schools including Yavapai Elementary School, Tonalea Middle School, and Coronado High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2023
Sold by
3 Palms Resort Oasis Llc
Bought by
Five Palms Hotel One Spe Llc and Five Palms Hotel Two Spe Llc
Current Estimated Value
$22,516,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,950,000
Outstanding Balance
$12,847,958
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$9,668,074

Purchase Details

Closed on
Mar 11, 2004
Sold by
Scottsdale El Dorado Resort Llc
Bought by
3 Palms Resort Oasis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,171,055
Interest Rate
5.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2003
Sold by
Rrf Lp
Bought by
Scottsdale Eldorado Resort Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 1999
Sold by
Rrf Sub Corp
Bought by
Rrf Ltd Partnership
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Five Palms Hotel One Spe Llc $23,000,000 Commonwealth Land Title
3 Palms Resort Oasis Llc -- North American Title Co
Scottsdale Eldorado Resort Llc $3,100,000 Transnation Title Insurance
Rrf Ltd Partnership -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Five Palms Hotel One Spe Llc $14,950,000
Previous Owner 3 Palms Resort Oasis Llc $2,171,055
Previous Owner Scottsdale Eldorado Resort Llc $1,500,000
Closed Scottsdale Eldorado Resort Llc $1,810,000
Closed 3 Palms Resort Oasis Llc $500,000
Source: Public Records

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 $50,577 $716,181 -- --
2024 $50,890 $703,392 -- --
2023 $50,890 $913,172 $423,317 $489,855
2022 $49,702 $704,323 $246,995 $457,328
2021 $54,316 $727,218 $254,052 $473,166
2020 $53,842 $722,952 $248,022 $474,930
2019 $51,955 $714,186 $242,622 $471,564
2018 $50,308 $740,448 $270,504 $469,944
2017 $48,182 $675,702 $238,248 $437,454
2016 $47,248 $551,754 $198,540 $353,214
2015 $46,221 $518,370 $201,428 $316,942
Source: Public Records

Map

Arizona Maricopa County Scottsdale 85257 South Scottsdale

7707 E Mcdowell Rd, Scottsdale, AZ

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