NOT LISTED FOR SALE

7740 E Gainey Ranch Rd Unit 1 Scottsdale, AZ 85258

Gainey Ranch Neighborhood

Estimated Value: $1,385,000 - $1,436,917

3 Beds
3 Baths
2,267 Sq Ft
$623/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $850,000 $375 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,498/month

200 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Private Pool
  • Cochise Elementary School Rated A
  • Gated with Attendant
  • Clubhouse

About This Home

As of August 2018

ELEGANT, SINGLE LEVEL, END-UNIT PATIO HOME WITH PRIVATE POOL AND GOLF COURSE VIEWS IN EXCLUSIVE GAINEY RANCH GATED COMMUNITY. CONVENIENTLY LOCATED ACROSS THE STREET FROM THE GAINEY RANCH ESTATE CLUB, TENNIS COURTS, HEALTH CLUB AND HEATED COMMUNITY POOL. CUSTOM CABINETS THROUGHOUT, GRANITE AND MARBLE COUNTERTOPS, MASTER BEDROOM HAS SITTING AREA AND JACUZZI TUB IN BATH. WALK-IN SHOWERS IN ALL THREE BATHS. THIRD BEDROOM CAN CONVERT TO OFFICE OR DEN. PERFECT SEASONAL OR YEAR ROUND HOME. TYPICALLY RENTED IN SEASON FOR $7,000/MONTH AS INVESTMENT PROPERTY. COME VISIT THIS SPECIAL HOME! BUYER TO PAY $1000 GAINEY RANCH ENHANCEMENT FEE AT CLOSE OF ESCROW. Listing Agent is related to the seller.

Last Agent to Sell the Property

Dyan Carbone

DPR Realty LLC License #SA569072000 Listed on: 12/27/2017

DPR Realty LLC

Last Buyer's Agent

Brian Keller

My Home Group Real Estate License #SA643426000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,954

Year Built

  • Built in 1988

Lot Details

  • 9,274 Sq Ft Lot
  • On Golf Course
  • Wrought Iron Fence
  • Partially Fenced Property
  • Block Wall Fence
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Patio Home
  • Property Attached
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,267 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Two Way Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Fire Sprinkler System

Kitchen

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

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Private Pool
  • Covered patio or porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 175-59-299

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • Grca Association, Phone Number (480) 951-0321
  • Golf Villas @ Gr Association, Phone Number (480) 951-0321
  • Association Phone (480) 951-0321
  • Built by Markland
  • Gainey Ranch Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,954

Year Built

Built in 1988

Lot Details

0

HOA Fees

$395 per month

Parking

2

Listing Details

  • Cross Street: Doubletree Ranch Road and Scottsdale Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Golf Villas @ GR
  • 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: 395.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1988
  • Tax Year: 2017
  • Directions: From Scottsdale Rd. head East to 4th traffic light (E. GAINEY RANCH RD). Turn North at light to guard gate. Check in and ask guard for directions to Golf Villa 1.
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: GAINEY RANCH
  • Architectural Style: Ranch
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 224.0
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Two Way Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Fire Sprinklers, No Interior Steps, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 2267.0
  • Stories: 1
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: 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 Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Two Way Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Partial, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio
  • Lot Features: On Golf Course, Gravel/Stone Back, Grass Front, Grass Back
  • Pool Features: Private
  • Pool Private: Yes
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Guarded Entry, Golf, Tennis Court(s), Clubhouse, Fitness Center
  • Association #2 Fee: 171.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 224.0
  • Association Fee Frequency: Monthly
  • Association: Golf Villas @ GR
  • Association Name: GRCA
  • Association Phone #2: 480-951-0321
  • Phone: 480-951-0321
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: GRCA
  • Association Fees:HOA Telephone4: 480-951-0321
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1.0
  • 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: 1000.0
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

Schools

  • Elementary School: Cochise Elementary School
  • High School: Chaparral High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9274.0
  • Parcel #: 175-59-299
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Markland

Tax Info

  • Tax Annual Amount: 4954.0
  • Tax Book Number: 175.00
  • Tax Lot: 1
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2017
Closed on
Jul 20, 2018
Sold by
Carbone Enterprises Lp
Bought by
Rjj Rentals Llc
Seller's Agent
Dyan Carbone
DPR Realty LLC
Buyer's Agent
Brian Keller
My Home Group Real Estate
List Price
$975,000
Sold Price
$850,000
Premium/Discount to List
-$125,000
-12.82%
Current Estimated Value
$1,386,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,844
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Jul 23, 2008
Sold by
Stevens Properties Lp
Bought by
Carbone Enterprises Lp

Purchase Details

Closed on
Aug 6, 1999
Sold by
Testa Mary A and Williams Catherine G
Bought by
Stevens Properties Ltd Partnership

Purchase Details

Closed on
Mar 14, 1997
Sold by
Testa Vincent A and Testa Mary A
Bought by
Testa Vincent A and Testa Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 1997
Sold by
Lehman Martin A
Bought by
Testa Vincent A and Testa Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 1997
Sold by
Lehman Terry Sue and Lehman Terry S
Bought by
Lehman Martin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
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
Rjj Rentals Llc $850,000 Lawyers Title Of Arizona Inc
Carbone Enterprises Lp $700,000 Fidelity Natl Title Ins Co
Stevens Properties Ltd Partnership $410,000 Alliance Title Agency Inc
Testa Vincent A -- Chicago Title Insurance Co
Testa Vincent A $375,000 Chicago Title Insurance Co
Lehman Martin A -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Testa Vincent A $275,000
Closed Lehman Martin A --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $850,000 -5.5% $375 / Sq Ft
07/15/2018 07/15/18 Pending -- -- --
05/17/2018 05/17/18 Price Changed $899,900 -2.7% $397 / Sq Ft
03/12/2018 03/12/18 Price Changed $925,000 -5.1% $408 / Sq Ft
12/27/2017 12/27/17 For Sale $975,000 -- $430 / 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 $5,326 $78,719 -- --
2024 $5,265 $74,970 -- --
2023 $5,265 $81,050 $16,210 $64,840
2022 $4,995 $68,000 $13,600 $54,400
2021 $5,585 $76,380 $15,270 $61,110
2020 $5,536 $73,900 $14,780 $59,120
2019 $5,342 $68,700 $13,740 $54,960
2018 $5,173 $62,520 $12,500 $50,020
2017 $4,954 $56,070 $11,210 $44,860
2016 $5,125 $58,230 $11,640 $46,590
2015 $4,878 $62,660 $12,530 $50,130
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Dyan Carbone

    DPR Realty

    (480) 994-0800

    3 Total Sales

    Section Image
  • Brian Keller

    Buyer's Agent in 2018

    Brian Keller

    My Home Group

    (480) 299-7364

    69 Total Sales

    Section Image
  • Kristen Ryan

    Buyer Co-Listing Agent in 2018

    Kristen Ryan

    RE/MAX

    (480) 688-2429

    3 in this area

    91 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5701777

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-59-299

Arizona Maricopa County Scottsdale 85258 Gainey Ranch

7740 E Gainey Ranch Rd Unit 1, Scottsdale, AZ

This home is located at 7740 E Gainey Ranch Rd Unit 1, Scottsdale, AZ 85258 since 27 December 2017 and is currently estimated at $1,413,306, approximately $623 per square foot. This property was built in 1988. 7740 E Gainey Ranch Rd Unit 1 is a home located in Maricopa County with nearby schools including Cochise Elementary School, Cocopah Middle School, and Chaparral 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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