NOT LISTED FOR SALE

7878 E Gainey Ranch Rd Unit 31 Scottsdale, AZ 85258

Gainey Ranch Neighborhood

Estimated Value: $2,299,645 - $3,758,000

3 Beds
3.5 Baths
4,172 Sq Ft
$650/Sq Ft Est. Value

Last Sold December 02, 2013

Last sale price $1,500,000 $360 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $15,440/month

73 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Heated Pool
  • Cochise Elementary School Rated A
  • Gated with Attendant
  • 1-minute walk to Rotary Park

About This Home

As of December 2013

Live in the most sought after location in GUARD GATED GAINEY RANCH, THE ENCLAVE. This impressive residence exudes exceptional details at every turn. The home provides a perfect combination of elegance and comfortable family living. MAIN FLOOR MASTER SUITE with his and her baths enables this 2 story masterpiece to live like a single-level home. The upstairs guest suites afford privacy and exquisite finishes. Each distinctive bedroom enjoys its own private bath and walk-in closet. This wonderfully laid out floor plan makes it easy to enjoy and utilize all of the livable space. Additional creature comforts include two fireplaces, art lighting, custom built wet bar with serving area thoughtfully located in the great room. Artisan crafted built-ins located in the office/library and great room. Gainey Ranch is a premier golf and tennis community located minutes from everything Scottsdale has to offer.

Last Agent to Sell the Property

Susan Levy

AZ Brokerage Holdings, LLC License #SA549142000 Listed on: 08/05/2013

AZ Brokerage Holdings, LLC

Co-Listed By

Barbara Larner

Realty Executives Arizona Territory License #SA113454000

Last Buyer's Agent

Claudia Michalson

Russ Lyon Sotheby's International Realty License #SA112920000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,710

Year Built

  • Built in 1986

Lot Details

  • 0.25 Acre Lot
  • On Golf Course
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $466 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,172 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Two Primary Bathrooms
  • 3.5 Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Heated Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

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

Utilities

  • Refrigerated Cooling System
  • Zoned Heating
  • Propane
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 174-28-058

Community Details

Overview

  • Association fees include cable TV, ground maintenance, street maintenance, front yard maint
  • Gainey Ranch Association, Phone Number (480) 951-0321
  • Built by Edmunds
  • Gainey Ranch Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,710

Year Built

Built in 1986

Lot Details

0

HOA Fees

$466 per month

Parking

2

Listing Details

  • Cross Street: Scottsdale Road and Doubletree Ranch Road
  • Property Type: Residential
  • Ownership: Fee Simple
  • 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: 466.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1986
  • Tax Year: 2012
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.25
  • Co List Office Mls Id: reax10
  • Co List Office Phone: 480-998-0676
  • Subdivision Name: Gainey Ranch
  • Efficiency: Multi-Zones
  • ResoBuildingAreaSource: Appraiser
  • General Property Description:PriceSqFt: 359.54
  • Association Fees:HOA Fee2: 466.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Utilities Butane Propane: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: Other (See Remarks), 2 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Breakfast Bar, Kitchen Island, 2 Master Baths, Separate Shwr & Tub, Tub with Jets, High Speed Internet, Granite Counters
  • Living Area: 4172.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Golf Course: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Community Features:BikingWalking Path: 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
  • Community Features:Workout Facility: Yes
  • Other Rooms:Great Room: 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:Other (See Remarks)14: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Private Yard, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, On Golf Course, Grass Front
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Other (See Remarks), Seller Discl Avail
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attch'd Gar Cabinets, Dir Entry frm Garage, Electric Door Opener
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Dir Entry frm Garage: Yes
  • Parking Features:Electric Door Opener: Yes
  • Parking Features:Attch_squote_d Gar Cabinets: Yes

Utilities

  • Utilities: Propane
  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned, Security Guard
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Community Spa Htd, Community Pool Htd, Guarded Entry, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Club, Membership Opt, Management
  • Association Fee: 466.0
  • Association Fee Frequency: Monthly
  • Association Name: Gainey Ranch
  • 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
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 0.5
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • 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

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, 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: 10861.0
  • Parcel #: 174-28-058
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Edmunds

Tax Info

  • Tax Annual Amount: 6710.38
  • Tax Book Number: 174.00
  • Tax Lot: 31
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2013
Closed on
Nov 22, 2013
Sold by
Selig Allan H and Selig Suzanne L
Bought by
Slater Barbara
Seller's Agent
Susan Levy
AZ Brokerage Holdings, LLC
Buyer's Agent
Claudia Michalson
Russ Lyon Sotheby's International Realty
List Price
$1,800,000
Sold Price
$1,500,000
Premium/Discount to List
-$300,000
-16.67%
Current Estimated Value
$2,710,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,210,661
Avg. Annual Appreciation
5.02%

Purchase Details

Closed on
Feb 25, 1997
Sold by
Sahin Mert A and Sahin Kimberly T
Bought by
Selig Allan H and Selig Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 1995
Sold by
Coughlin Michael E and Ward John P
Bought by
Sahin Mert A and Sahin Kimberly T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Slater Barbara $1,500,000 First American Title Ins Co
Selig Allan H $500,000 First American Title
Sahin Mert A $390,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Selig Allan H $300,000
Previous Owner Sahin Mert A $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2013 12/02/13 Sold $1,500,000 -16.7% $360 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $1,800,000 -- $431 / 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 $8,746 $132,340 -- --
2024 $8,251 $126,038 -- --
2023 $8,251 $146,130 $29,220 $116,910
2022 $7,797 $114,320 $22,860 $91,460
2021 $9,136 $118,820 $23,760 $95,060
2020 $9,219 $118,270 $23,650 $94,620
2019 $8,875 $119,100 $23,820 $95,280
2018 $8,575 $119,010 $23,800 $95,210
2017 $8,187 $115,600 $23,120 $92,480
2016 $8,017 $106,520 $21,300 $85,220
2015 $7,602 $99,970 $19,990 $79,980
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Susan Levy

    Realty Executives

    Section Image

  • B

    Seller Co-Listing Agent in 2013

    Barbara Larner

    Realty Executives

    (602) 550-6595

    9 in this area

    14 Total Sales

    Barbara Larner
    Section Image

  • C

    Buyer's Agent in 2013

    Claudia Michalson

    Russ Lyon Sotheby's International Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4984267

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-28-058

Arizona Maricopa County Scottsdale 85258 Gainey Ranch

7878 E Gainey Ranch Rd Unit 31, Scottsdale, AZ

Not Listed for Sale

Detached

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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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