NOT LISTED FOR SALE

7831 E Sorrel Wood Ct Unit 2 Scottsdale, AZ 85258

McCormick Ranch Neighborhood

Estimated Value: $759,626 - $848,000

3 Beds
2.5 Baths
1,892 Sq Ft
$422/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $315,000 $166 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $4,672/month

157 Days on Market

Highlights

  • Concierge
  • Gated with Attendant
  • Community Lake
  • Kiva Elementary School Rated A
  • Mountain View
  • Vaulted Ceiling

About This Home

As of August 2014

Spacious floorplan with soaring ceilings, lots of natural light & upgraded flooring. Soft duet blinds T/0. New Pella dual pane windows & door, Great room w/ Fireplace concept with Formal Dining room. This home was lightly lived in just a few weeks each year. Nestled within Spanish Oaks, culdesac lot. No road noise or eyesores. Community greenbelt, ponds, water features, pool & spa are all nearby. This is a real gem. 20 min. to Sky Harbor. Close Old Town, Gainey Ranch, and all the wonderful shops, resorts and restaurants that make this area one of the most popular vacation spots in America. Guard-gated community. Kitchen includes all appliances w/built in microwave, refrigerator & washer/dryer. Soaring ceilings light & bright, ceiling fans in 3 bedrooms,kitchen

Last Agent to Sell the Property

Sharon Whitten

Berkshire Hathaway HomeServices Arizona Properties License #BR106825000 Listed on: 02/14/2014

Berkshire Hathaway HomeServices Arizona Properties

Co-Listed By

Lyle Haumesser

HomeSmart License #SA026450000

Last Buyer's Agent

Chad Francise

Russ Lyon Sotheby's International Realty License #SA562461000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,625

Year Built

  • Built in 1979

Lot Details

  • 3,040 Sq Ft Lot
  • Desert faces the front of the property
  • 1 Common Wall
  • Cul-De-Sac
  • Block Wall Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,892 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Tinted Windows
  • Family Room with Fireplace
  • Mountain Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Patio

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro Elementary High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 174-25-131

Community Details

Overview

  • Association fees include insurance, ground maintenance, street maintenance, front yard maint
  • Spanish Oaks Association, Phone Number (480) 551-4300
  • Mccormick Ranch Association
  • Built by Diamond
  • Spanish Oaks Mccormick Ranch Subdivision
  • Community Lake

Recreation

  • Heated Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Concierge
  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,625

Year Built

Built in 1979

Lot Details

0

HOA Fees

$286 per month

Parking

2

Listing Details

  • Cross Street: SCOTTSDALE & MCCORMICK RANCH
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2 Name: McCormick Ranch
  • HOA #2 Phone Number: none
  • HOA #2 Transfer Fee: 200.0
  • 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: 286.25
  • Basement: N
  • Items Updated Ht Cool Yr Updated: 2014
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2014
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2014
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1979
  • Tax Year: 2013
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: praz10
  • Co List Office Phone: 602-288-4400
  • Subdivision Name: SPANISH OAKS McCormick Ranch
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 270.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Double Vanity, Full Bth Master Bdrm
  • Living Area: 1892.0
  • Stories: 2
  • Window Features: Dual Pane, Low-E, Tinted Windows
  • Community Features:Community Pool: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Community Pool Htd: Yes
  • Community Features:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Community Spa: Yes
  • Community Features:Lake Subdivision: Yes
  • Community Features:Concierge: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Patio
  • Lot Features: Sprinklers In Front, Desert Front, Cul-De-Sac, Auto Timer H2O Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: 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
  • Security: Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Lake Subdivision, Guarded Entry, Concierge, Biking/Walking Path
  • Amenities: Management
  • Association #2 Fee: 195.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 270.0
  • Association Fee Frequency: Monthly
  • Association: McCormick Ranch
  • Association Name: Spanish Oaks
  • Association Phone #2: none
  • Phone: 480-551-4300
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Spanish Oaks
  • 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: Annually
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Street Maint, Front Yard Maint

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3040.0
  • Parcel #: 174-25-131
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Diamond

Tax Info

  • Tax Annual Amount: 1625.4
  • Tax Book Number: 174.00
  • Tax Lot: 57
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2014
Closed on
Aug 14, 2014
Sold by
Erlichman Charles
Bought by
Gutierrez Juan A
Seller's Agent
Sharon Whitten
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Chad Francise
Russ Lyon Sotheby's International Realty
List Price
$345,000
Sold Price
$315,000
Premium/Discount to List
-$30,000
-8.7%
Current Estimated Value
$798,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,157
Avg. Annual Appreciation
8.63%
Original Mortgage
$299,250
Outstanding Balance
$228,263
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$569,894

Purchase Details

Closed on
Nov 3, 2003
Sold by
Gimber Frank A
Bought by
Erlichman Charles and Kersey Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,500
Interest Rate
5.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gutierrez Juan A $315,000 Greystone Title Agency Llc
Erlichman Charles $236,500 Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Juan A $299,250
Previous Owner Erlichman Charles $176,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Sold $315,000 -8.6% $166 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
07/15/2014 07/15/14 Price Changed $344,500 -0.3% $182 / Sq Ft
05/06/2014 05/06/14 Price Changed $345,500 +0.1% $183 / Sq Ft
02/14/2014 02/14/14 For Sale $345,000 -- $182 / 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 $2,164 $36,405 -- --
2024 $2,032 $34,671 -- --
2023 $2,032 $49,350 $9,870 $39,480
2022 $1,934 $39,700 $7,940 $31,760
2021 $2,098 $37,270 $7,450 $29,820
2020 $2,079 $35,520 $7,100 $28,420
2019 $2,016 $34,110 $6,820 $27,290
2018 $1,969 $31,710 $6,340 $25,370
2017 $1,858 $30,410 $6,080 $24,330
2016 $1,821 $29,780 $5,950 $23,830
2015 $1,750 $29,310 $5,860 $23,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5070236

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-25-131