NOT LISTED FOR SALE

7740 E Gainey Ranch Rd Unit 53 Scottsdale, AZ 85258

Gainey Ranch Neighborhood

Estimated Value: $1,140,000 - $1,516,000

3 Beds
2 Baths
2,226 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: July 1, 2013

Last sale price $650,000 $292 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $7,839 / mo

41 Days on Market

Highlights

  • Gated with Attendant
  • Heated Spa
  • End Unit
  • Cochise Elementary School Rated A
  • Outdoor Fireplace
  • Furnished

About This Home

As of July 2013

This home has been the most popular floor plan in the Golf Villas, very open plan in the majority of the living space. The southern facing rear yard boasts abundant sunshine during the winter season, mature fruit trees surround the intimate small pool/spa. Located nest to the Gainey ranch Estate Club that offers six lighted tennis courts, exercise facility and lap pool. Upgraded carpeting and tile. Second bathroom recently remodeled. Plantation shutters and electric shade screens. Oversized lot. Buyer to pay Gainey Ranch Enhancement fee at COE. .25% of the purchase price.

Last Agent to Sell the Property

Tom Martz

Martz Realty License #BR029596000 Listed on: 04/20/2013

Last Buyer's Agent

Frank Ellis

Coldwell Banker Realty License #SA560015000

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,255

Year Built

  • Built in 1991

Lot Details

  • End Unit
  • Desert faces the back of the property
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Patio Home
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,226 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Solar Screens
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Outdoor Fireplace

Schools

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

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 175-59-401

Community Details

Overview

  • Association fees include cable TV, street maintenance, front yard maint
  • Gainey Ranch HOA, Phone Number (480) 951-0321
  • Built by Markland
  • Golf Villas At Gainey Ranch Subdivision, Cypress Floorplan

Recreation

  • Tennis Courts
  • Heated Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,255

Year Built

Built in 1991

Lot Details

7,405 Sq Ft Lot

HOA Fees

$354 per month

Parking

2

Listing Details

  • Cross Street: Scottsdale Road and Doubletree Ranch Road
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: 0
  • HOA #2 Phone Number: 0
  • HOA #2: Y
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: Y
  • Recreation Center Paid Frequency: Monthly
  • Total Monthly Fee Equivalent: 354.0
  • Basement: N
  • Items Updated Ht Cool Yr Updated: 2012
  • Items Updated Roof Yr Updated: 2008
  • Parking Spaces Total Covered Spaces: 2.0
  • Year Built: 1991
  • Tax Year: 2012
  • Master Model: Cypress
  • Property Sub Type: Patio Home
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Golf Villas at Gainey Ranch
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 292.0
  • Association Fees:HOA Fee2: 354.0
  • Technology:Cable TV Avail: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Heated
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Exterior Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Furnished(See Rmrks), Fire Sprinklers, Pantry, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2226.0
  • Stories: 1
  • Window Features: Sunscreen(s)
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: Yes
  • Community Features:Gated Community2: 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
  • Kitchen Features Pantry: Yes
  • Fireplace:Exterior Fireplace: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Desert Back, Grass Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Heated
  • Pool Private: Yes
  • Disclosures: Seller Discl Avail
  • Common Walls: End Unit
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Guarded Entry, Tennis Court(s)
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 354.0
  • Association Fee Frequency: Monthly
  • Association: 0
  • Association Name: Gainey Ranch HOA
  • Association Phone #2: 0
  • Phone: 480-951-0321
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Gainey Ranch HOA
  • Association Fees:PAD Fee YN2: Y
  • Association Fees:Cap ImprovementImpact Fee: 0.25
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Cable or Satellite: Yes
  • Association Fees:PAD Paid (Freq)2: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Street Maint, 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: 7291.0
  • Parcel #: 175-59-401
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Markland

Tax Info

  • Tax Annual Amount: 3255.0
  • Tax Book Number: 175.00
  • Tax Lot: 53
  • Tax Map Number: 59.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2018
Sold by
Loughborough John and Loughborough Patricia
Bought by
Loughborough John S and Loughborough Patricia F
Current Estimated Value
$1,352,538

Purchase Details

Listed on
Apr 20, 2013
Closed on
Jun 20, 2013
Sold by
King Jean
Bought by
Loughborough John and Loughborough Patricia
Seller's Agent
Tom Martz
Martz Realty
Buyer's Agent
Frank Ellis
Coldwell Banker Realty
List Price
$660,000
Sold Price
$650,000
Premium/Discount to List
-$10,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$440,000
Outstanding Balance
$312,851
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,039,687

Purchase Details

Closed on
Feb 19, 2003
Sold by
King David
Bought by
King Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,500
Interest Rate
5.85%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 23, 1999
Sold by
Hoyt Forrest T
Bought by
Talley Barry L and Talley Linda

Purchase Details

Closed on
Aug 29, 1994
Sold by
Spector Marie Therese
Bought by
Clark Robert J
Source: Public Records
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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
Loughborough John S -- None Available
Loughborough John $650,000 Grand Canyon Title Agency In
King Jean -- Arizona Title Agency Inc
King Jean $505,000 Arizona Title Agency Inc
Talley Barry L $380,000 Ati Title Agency Of Az Inc
Clark Robert J $189,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loughborough John $440,000
Previous Owner King Jean $353,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2013 07/01/13 Sold $650,000 -1.5% $292 / Sq Ft
04/20/2013 04/20/13 For Sale $660,000 -- $296 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $3,780 $62,026 -- --
2024 $3,548 $59,072 -- --
2023 $3,548 $64,370 $12,870 $51,500
2022 $3,336 $53,580 $10,710 $42,870
2021 $3,983 $58,450 $11,690 $46,760
2020 $3,943 $56,100 $11,220 $44,880
2019 $3,783 $52,850 $10,570 $42,280
2018 $3,677 $50,930 $10,180 $40,750
2017 $3,470 $46,010 $9,200 $36,810
2016 $3,478 $47,810 $9,560 $38,250
2015 $3,342 $49,220 $9,840 $39,380
Source: Public Records

Agents Affiliated with this Home

  • Tom Martz

    Seller's Agent in 2013

    Tom Martz

    Martz Realty

    (602) 430-0778

    3 in this area

    4 Total Sales

    Tom Martz
    Section Image
  • Frank Ellis

    Buyer's Agent in 2013

    Frank Ellis

    Coldwell Banker Realty

    (602) 448-7793

    26 in this area

    38 Total Sales

    Frank Ellis
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4924087

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-59-401

Arizona Maricopa County Scottsdale 85258 Gainey Ranch

7740 E Gainey Ranch Rd Unit 53, Scottsdale, AZ

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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