$1,425,000
SOLD NOV 7, 2013

7860 N 71st St Paradise Valley, AZ 85253

3 Beds
4.5 Baths
5,025 Sq Ft
0.53 Acres

Recently Sold

$284 Per Sq Ft

5% Below List Price

136 Days on Market

Highlights

  • Gated with Attendant
  • Heated Pool
  • Hydromassage or Jetted Bathtub
  • Kiva Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Corner Lot

About This Home

As of March 2017

Elegant and Sophisticated home in Guard Gated Cheney Estates. Custom finishes throughout this beautiful home are just a few of the many features you will find, including a craft room, office with built in library walls and desk, fabric walls in the powder and laundry rooms, Italian stone hallways leading to the master bedroom suite and guest bedrooms with custom built in cabinetry along the way. The incredible entertainment center is the focal point of the family room/great room with plenty of storage and shelving. The low maintenance back yard features a Ramada, BBQ area, beautiful landscaping and an inviting pool.

Last Agent to Sell the Property

Walter Danley

Walt Danley Realty, LLC License #SA016756000 Listed on: 05/08/2013

Co-Listed By

Jack Luciano

Luxe Realty License #SA572325000

Last Buyer's Agent

Ronnie Gilbert

Compass License #BR006926000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,739

Year Built

  • Built in 1995

Lot Details

  • 0.53 Acre Lot
  • Private Streets
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Circular Driveway

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,025 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Covered Patio or Porch
  • Gazebo

Schools

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

Utilities

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

Listing and Financial Details

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

Community Details

Overview

  • Rossmar & Graham Association, Phone Number (480) 551-4300
  • Built by Edmunds
  • Cheney Estates Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,739

Year Built

Built in 1995

Lot Details

0

HOA Fees

$400 per month

Parking

3

Listing Details

  • Cross Street: Scottsdale Rd & Cheney Rd
  • Property Type: Residential
  • HOA #2: N
  • HOA #3 Fee: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 400.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1995
  • Tax Year: 2012
  • Directions: West on Cheney to entrance of Cheney Estates on the North side of the street. Guard will direct you from there.
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.53
  • Co List Office Mls Id: wdan01
  • Co List Office Phone: 480-991-2050
  • Subdivision Name: Cheney Estates
  • Architectural Style: Other (See Remarks)
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 1200.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: 3+ Fireplace, Family Room, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Wet Bar, Pantry, Bidet, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets, High Speed Internet
  • Living Area: 5025.0
  • Stories: 1
  • Window Features: Double Pane Windows
  • Kitchen Features:Dishwasher2: Yes
  • Community Features:Gated Community2: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features Pantry: Yes
  • Fireplace:Fireplace Family Rm: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Cook Top Elec: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Fireplace:_three_ Fireplace: Yes
  • Fireplace:Fireplace Master Bdr: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Circular Drive, Covered Patio(s), Gazebo/Ramada, Patio, Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back
  • Pool Features: Heated, Private
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): 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
  • Garage Spaces: 3.0

Utilities

  • Cooling: Refrigeration
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Security: Security System Owned, Gated Community, Security Guard
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Guarded Entry
  • Association Fee: 1200.0
  • 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:HOA Management Company: Rossmar & Graham
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Garbage Collection2: Yes

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro Elementary School
  • 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: 6739.0
  • 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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Average Value
Not Available
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 Type Sale Price Title Company
Cash Sale Deed $2,250,000 Great American Title Agency
Interfamily Deed Transfer -- Fidelity National Title Agen
Warranty Deed $1,410,750 Fidelity National Title Agen
Cash Sale Deed $2,250,000 U S Title Agency Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Equity Title Agency Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Equity Title Agency Inc
Cash Sale Deed $184,775 Stewart Title & Trust
Cash Sale Deed $184,775 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $846,450 New Conventional
Previous Owner $388,000 New Conventional
Previous Owner $416,000 New Conventional
Previous Owner $1,000,000 Unknown
Previous Owner $141,000 Credit Line Revolving
Previous Owner $381,209 Unknown
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: 4933290

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-40-059