NOT LISTED FOR SALE

7860 N 71st St Paradise Valley, AZ 85253

Estimated Value: $4,377,000 - $4,983,728

4 Beds
4.5 Baths
5,025 Sq Ft
$944/Sq Ft Est. Value

Last Sold March 13, 2017

Last sale price $2,250,000 $448 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $26,318/month

284 Days on Market

Highlights

  • Gated with Attendant
  • Private Pool
  • Fireplace in Primary Bedroom
  • Kiva Elementary School Rated A
  • Mountain View
  • Wood Flooring

About This Home

As of March 2017

Gem in Cheney Estates – Rare find in one of the few guard gated neighborhoods in Paradise Valley. This beautifully appointed 5,000+ SF soft contemporary is a true move-in ready home for the discerning buyer. Upon entering, you get a feel for the way the home lives with 15’+ ceilings in the foyer and living room (complete with custom hidden wet bar), the perfect place for entertaining. The chef’s kitchen with Subzero/Wolf appliance package, eat-in kitchen and breakfast bar, opens to the lovely family room, ideal landing spots for your everyday living. Large master suite with fireplace and access to the back patio, two large his and her closets bookend a bright and clean master bathroom. Take advantage of the optimal location, with close proximity to golf/resorts, restaurants, and shopping.

Last Agent to Sell the Property

Andrew Beardsley

Silverleaf Realty License #SA638595000 Listed on: 05/06/2016

Last Buyer's Agent

Susan Levy

AZ Brokerage Holdings, LLC License #SA549142000

AZ Brokerage Holdings, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,335

Year Built

  • Built in 1995

Lot Details

  • 0.53 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,025 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Mechanical Sun Shade
  • Solar Screens
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Fire Pit
  • Gazebo
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Water Filtration System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 174-40-059

Community Details

Overview

  • Association fees include cable TV, ground maintenance, street maintenance, trash
  • Cheney Estates Association, Phone Number (480) 551-4300
  • Built by Edmunds
  • Cheney Estates Lot 1 72 Tr A C D1 D2 E,F Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,335

Year Built

Built in 1995

Lot Details

0

HOA Fees

$450 per month

Parking

3

Listing Details

  • Cross Street: Scottsdale Road and Cheney Drive
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 450.0
  • Basement: N
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2015
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1995
  • Tax Year: 2015
  • Directions: West on Cheney Drive to first right on 71st Street (guard gate), north to home on the left.
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.53
  • Subdivision Name: CHENEY ESTATES LOT 1-72 TR A-C D1 D2 E,F
  • Architectural Style: Other (See Remarks)
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1350.0
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Windows:Low-E: Yes
  • Technology:Smart Home System: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Fire Pit, Family Room, Living Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Drink Wtr Filter Sys, No Interior Steps, Wet Bar, Kitchen Island, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Smart Home
  • Living Area: 5025.0
  • Stories: 1
  • Window Features: Sunscreen(s), Dual Pane, Low-E, Mechanical Sun Shds
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Gas Fireplace: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:Firepit: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Fireplace:Fireplace Master Bdr: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Covered Patio(s), Gazebo/Ramada, Patio, Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Grass Front, Grass Back, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Circular Drive: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:GazeboRamada: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Guarded Entry
  • Amenities: Management
  • Association Fee: 1350.0
  • Association Fee Frequency: Quarterly
  • Association Name: Cheney Estates
  • 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: Quarterly
  • Association Fees:HOA Name4: Cheney Estates
  • Association Fees:HOA Telephone4: 480-551-4300
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Cable or Satellite: Yes

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Street Maint, Trash

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22881.0
  • Parcel #: 174-40-059
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Edmunds

Tax Info

  • Tax Annual Amount: 8335.0
  • Tax Book Number: 174.00
  • Tax Lot: 58
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
Feb 25, 2017
Sold by
Bronfman Adam R
Bought by
Reiman Roy J and Reiman Roberta M
Seller's Agent
Andrew Beardsley
Silverleaf Realty
Buyer's Agent
Susan Levy
AZ Brokerage Holdings, LLC
List Price
$2,495,000
Sold Price
$2,250,000
Premium/Discount to List
-$245,000
-9.82%
Current Estimated Value
$4,741,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,491,576
Avg. Annual Appreciation
8.16%

Purchase Details

Listed on
May 8, 2013
Closed on
Nov 6, 2013
Sold by
Bern Richard F and Bern Marcy W
Bought by
Bern Richard F and Bern Marcy W
Seller's Agent
Walter Danley
Walt Danley Realty, LLC
Buyer's Agent
Ronnie Gilbert
Compass
List Price
$1,500,000
Sold Price
$1,425,000
Premium/Discount to List
-$75,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.61%
Original Mortgage
$846,450
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2013
Closed on
Nov 1, 2013
Sold by
Marshall Judy A
Bought by
Bern Richard E and Bern Marcy W
Seller's Agent
Walter Danley
Walt Danley Realty, LLC
Buyer's Agent
Ronnie Gilbert
Compass
List Price
$1,500,000
Sold Price
$1,425,000
Premium/Discount to List
-$75,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$846,450
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2007
Sold by
Bern Richard F
Bought by
Bronfman Adam R and Bronfman Cynthia G

Purchase Details

Closed on
Apr 10, 2006
Sold by
Marshall Judy A
Bought by
Marshall Judy A and Askos Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2006
Sold by
Marshall Judy A
Bought by
Marshall Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 12, 2005
Sold by
Marshall Harold W
Bought by
Marshall Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 19, 1994
Sold by
Geoffrey H Edmunds Development Company
Bought by
Stuart Jon R and Stuart Mildred Diane
Source: Public Records

Range of Values:

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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
Reiman Roy J $2,250,000 Great American Title Agency
Bern Richard F -- Fidelity National Title Agen
Bern Richard E $1,410,750 Fidelity National Title Agen
Bronfman Adam R $2,250,000 U S Title Agency Llc
Marshall Judy A -- None Available
Marshall Judy A -- Equity Title Agency Inc
Marshall Judy A -- None Available
Marshall Judy A -- Equity Title Agency Inc
Stuart Jon R $184,775 Stewart Title & Trust
Geoffrey H Edmunds Development Company $184,775 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bern Richard E $846,450
Previous Owner Marshall Judy A $388,000
Previous Owner Marshall Judy A $416,000
Previous Owner Marshall Judy A $1,000,000
Previous Owner Marshall Judy A $141,000
Previous Owner Stuart Jon R $381,209
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2017 03/13/17 Sold $2,250,000 -2.0% $448 / Sq Ft
02/12/2017 02/12/17 Price Changed $2,295,000 -8.0% $457 / Sq Ft
05/06/2016 05/06/16 For Sale $2,495,000 +10.9% $497 / Sq Ft
06/01/2015 06/01/15 Sold $2,250,000 -0.7% $448 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $2,265,000 +58.9% $451 / Sq Ft
11/07/2013 11/07/13 Sold $1,425,000 -5.0% $284 / Sq Ft
05/08/2013 05/08/13 For Sale $1,500,000 -- $299 / 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 $8,743 $171,036 -- --
2024 $9,916 $162,891 -- --
2023 $9,916 $222,110 $44,420 $177,690
2022 $9,512 $186,270 $37,250 $149,020
2021 $10,112 $150,920 $30,180 $120,740
2020 $10,047 $145,610 $29,120 $116,490
2019 $9,700 $133,870 $26,770 $107,100
2018 $9,340 $132,470 $26,490 $105,980
2017 $8,973 $129,270 $25,850 $103,420
2016 $8,785 $122,910 $24,580 $98,330
2015 $8,335 $117,050 $23,410 $93,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5439394

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-40-059