NOT LISTED FOR SALE

7760 E Gainey Ranch Rd Unit 1 Scottsdale, AZ 85258

Gainey Ranch Neighborhood

Estimated Value: $961,000 - $1,195,000

3 Beds
2 Baths
1,891 Sq Ft
$571/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $665,000 $352 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,358/month

169 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • 1 Fireplace
  • Cochise Elementary School Rated A
  • Contemporary Architecture
  • Heated Community Pool

About This Home

As of December 2020

Not a more spectacular condo view than this professionally redesigned condo in Gainey. 180 degree Panoramic golf course views of The Gainey Hyatt, Mummy Mountain and Camelback Mountain from the west and to the north This is an end unit on a premium golf course lot. This is the most desirable premium golf course lot and view in Golf Cottages or in all of Gainey Ranch. One of a kind! Three bedrooms and two full bathrooms. This condo has a contemporary and transitional design. Quartz, natural stone, and mosaics throughout. All new cabinetry and designer chrome hardware. Thermador and Kitchen Aid Stainless steel appliances. All new LED lighting throughout. Stone incorporated on Fireplace, Kitchen. Patio off of Master Bedroom and Great Room. No other condo compares at this price.

Last Agent to Sell the Property

Christine Ong

eXp Realty License #SA666205000 Listed on: 05/18/2020

eXp Realty

Co-Listed By

James Wexler

Jason Mitchell Real Estate License #BR558910000

Last Buyer's Agent

Kelsey Donovan

My Home Group Real Estate License #SA674690000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,270

Year Built

  • Built in 1985

Lot Details

  • 192 Sq Ft Lot
  • Grass Covered Lot

HOA Fees

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Contemporary Architecture
  • Patio Home
  • Property Attached
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,891 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Skylights
  • 1 Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 175-59-125

Community Details

Overview

  • Association fees include roof repair, insurance, pest control, cable TV, ground maintenance, street maintenance, front yard maint, roof replacement, maintenance exterior
  • Grca Association, Phone Number (480) 951-0321
  • Golf Cottages Association, Phone Number (480) 951-0321
  • Association Phone (480) 951-0321
  • Built by MARKLAND
  • Gainey Ranch Subdivision, Remodel Floorplan

Recreation

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

Additional Features

  • Recreation Room
  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,270

Year Built

Built in 1985

Lot Details

0

HOA Fees

$505 per month

Parking

2

Listing Details

  • Cross Street: Scottsdale and Double Tree
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: Golf Cottages
  • 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: 505.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1985
  • Tax Year: 2019
  • Directions: East on Doubletree Ranch Rd to Gainey Ranch Rd (4th traffic light) north to gate. Ask guard for a map and directions to Golf Cottages #1.
  • Master Model: Remodel
  • Property Sub Type: Patio Home
  • Horses: No
  • Co List Office Mls Id: jmre001
  • Co List Office Phone: 480-522-1030
  • Subdivision Name: GAINEY RANCH
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 257.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Wet Bar, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1891.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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:Guarded Entry: Yes
  • Community Features:Workout Facility: Yes
  • Other Rooms:Family Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Concrete Panel
  • Exterior Features: Balcony
  • Lot Features: Gravel/Stone Front, Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Pool Htd, Guarded Entry, Tennis Court(s), Biking/Walking Path, Fitness Center
  • Association #2 Fee: 248.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 257.0
  • Association Fee Frequency: Monthly
  • Association: Golf Cottages
  • 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 _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Paid Frequency 2: Monthly
  • Association Fees:Cap ImprovementImpact Fee 2: 500.0
  • 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:Pest Control: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Pest Control, Cable TV, Maintenance Grounds, Street Maint, Front Yard Maint, Roof Replacement, Maintenance Exterior

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: 192.0
  • Parcel #: 175-59-125

Building Info

  • Builder Name: MARKLAND

Tax Info

  • Tax Annual Amount: 3270.0
  • 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
May 18, 2020
Closed on
Dec 1, 2020
Sold by
Cothrun Brendon and Cothrun Christine
Bought by
Lyon James F and Lyon Judith W
Seller's Agent
Christine Ong
eXp Realty
Buyer's Agent
Kelsey Donovan
My Home Group Real Estate
List Price
$695,000
Sold Price
$665,000
Premium/Discount to List
-$30,000
-4.32%
Current Estimated Value
$1,080,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,434
Avg. Annual Appreciation
10.41%
Original Mortgage
$510,400
Outstanding Balance
$455,219
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$625,215

Purchase Details

Closed on
May 21, 2019
Sold by
Cothrun Brendon and Cothrun Christine Ong
Bought by
Cothrun Brendon and Cothrun Christine

Purchase Details

Listed on
Sep 16, 2016
Closed on
Dec 9, 2016
Sold by
Dean Warren and Dean Joann K
Bought by
Cothrun Brendon and Cothrun Christine Ong
Seller's Agent
Lawrence Like
RE/MAX Excalibur
Buyer's Agent
Lawrence Like
RE/MAX Excalibur
List Price
$685,000
Sold Price
$525,000
Premium/Discount to List
-$160,000
-23.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
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
Lyon James F $665,000 Empire West Title Agency Llc
Cothrun Brendon -- None Available
Cothrun Brendon $525,000 First Arizona Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyon James F $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2020 12/01/20 Sold $665,000 -2.2% $352 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
08/18/2020 08/18/20 Price Changed $679,999 -2.2% $360 / Sq Ft
05/18/2020 05/18/20 For Sale $695,000 0.0% $368 / Sq Ft
08/15/2018 08/15/18 Rented $3,500 0.0% --
07/23/2018 07/23/18 For Rent $3,500 0.0% --
12/16/2016 12/16/16 Sold $525,000 -11.0% $277 / Sq Ft View Prior Sale
12/06/2016 12/06/16 Pending -- -- --
12/02/2016 12/02/16 Price Changed $590,000 -7.8% $312 / Sq Ft
11/11/2016 11/11/16 Price Changed $640,000 -6.6% $338 / Sq Ft
09/16/2016 09/16/16 For Sale $685,000 -- $362 / 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 $2,245 $50,703 -- --
2024 $2,829 $48,289 -- --
2023 $2,829 $67,230 $13,440 $53,790
2022 $2,693 $54,200 $10,840 $43,360
2021 $2,922 $45,020 $9,000 $36,020
2020 $3,388 $41,670 $8,330 $33,340
2019 $3,270 $42,050 $8,410 $33,640
2018 $3,166 $42,130 $8,420 $33,710
2017 $3,032 $42,600 $8,520 $34,080
2016 $2,973 $39,330 $7,860 $31,470
2015 $2,830 $34,010 $6,800 $27,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6079675

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-59-125