NOT LISTED FOR SALE

7878 E Gainey Ranch Rd Unit 40 Scottsdale, AZ 85258

Gainey Ranch Neighborhood

Estimated Value: $1,627,666 - $1,915,000

3 Beds
3.5 Baths
3,638 Sq Ft
$496/Sq Ft Est. Value

Last Sold May 03, 2012

Last sale price $1,015,000 $279 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $10,237/month

1,145 Days on Market

Highlights

  • On Golf Course
  • Gated with Attendant
  • Vaulted Ceiling
  • Cochise Elementary School Rated A
  • Family Room with Fireplace
  • 1-minute walk to Rotary Park

About This Home

As of May 2012

ON THE GOLF COURSE!Back on the market with a major price reduction! This elegant stately home in the highly-desirable Enclave I at Gainey Ranch offers a FANTASTIC LOCATION on the golf course as well as tranquil luxury. You will find excellent finishes including winding staircase, impressive crown molding throughout and designer window treatments. The living room is breathtaking with soaring ceiling and windows and stunning fireplace. The large patio is perfect for entertaining, complete with kiva, fountain, lush tropical landscape and golf views. There are 3 bedrooms, 3.5 baths and an artisan crafted wood office/library with unique double doors. Impeccable and inviting home!

Last Agent to Sell the Property

Gilles Paradis

Realty ONE Group License #SA543687000 Listed on: 01/24/2009

Co-Listed By

Susan Herman

Realty ONE Group License #SA586678000

Last Buyer's Agent

Sandra Wilken

Local Luxury Christie's International Real Estate License #BR015674000

Local Luxury Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,806

Year Built

  • Built in 1987

Lot Details

  • 9,067 Sq Ft Lot
  • On Golf Course
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Private Yard

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Santa Barbara Architecture
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,638 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Storage
  • Built-In Barbecue

Schools

  • Cochise Elementary School
  • Cocopah Middle School

Utilities

  • Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 40
  • Assessor Parcel Number 174-28-067

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

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,806

Year Built

Built in 1987

Lot Details

0

HOA Fees

$267 per month

Parking

3

Listing Details

  • Cross Street: Doubletree Ranch Road 7 Scottsdale Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: Y
  • Recreation Center Fee: Y
  • Total Monthly Fee Equivalent: 461.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1987
  • Tax Year: 2011
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: swlp01
  • Co List Office Phone: 480-596-0001
  • Subdivision Name: Gainey Ranch
  • Architectural Style: Santa Barbara/Tuscan
  • Efficiency: Multi-Pane Wndws, Multi-Zones
  • General Property Description:PriceSqFt: 279.0
  • Association Fees:HOA Fee2: 267.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Total Bedrooms: 3
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Family Room, Living Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Central Vacuum, Vaulted Ceiling(s), Kitchen Island, Pantry, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 3638.0
  • Stories: 2
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:Kitchen Island: 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:Community Spa Htd: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:On-Site Guard: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Community Features:Golf: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Private Street(s), Private Yard, Screened in Patio(s), Storage, Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, On Golf Course
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Stucco, Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • 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
  • Exterior Features:Storage: Yes
  • Exterior Features:Private Street(s): Yes
  • Exterior Features:Screened in Patio(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Attch'd Gar Cabinets, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Security: Security System Owned, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Golf, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Guarded Entry, Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 267.0
  • Association Fee Frequency: Monthly
  • Association Name: Gainey Ranch
  • Phone: 480-951-0321
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Gainey Ranch
  • Association Fees:Cap ImprovementImpact Fee: 0.25
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:PAD Fee2: 194.0
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Cable or Satellite: Yes
  • Association Fees:PAD Paid (Freq)2: Monthly

Fee Information

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

Schools

  • Elementary School: Cochise Elementary School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Cocopah Middle School

Lot Info

  • Lot Size Sq Ft: 9067.0
  • Parcel #: 174-28-067

Building Info

  • Builder Name: Edmunds

Tax Info

  • Tax Annual Amount: 5806.0
  • Tax Book Number: 174.00
  • Tax Lot: 40
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2020
Sold by
Severson Gerard L and Severson Teresa M
Bought by
Severson Gerard L and Severson Teresa M
Current Estimated Value
$1,804,555

Purchase Details

Closed on
Aug 26, 2019
Sold by
Severson Gerard L and Severson Teresa M
Bought by
Severson Gerard L and Severson Teresa M

Purchase Details

Closed on
May 13, 2019
Sold by
Severson Gerard L and Severson Teresa M
Bought by
The Severson Family Irrevocable Trust

Purchase Details

Closed on
May 6, 2019
Sold by
Mastre Grant R
Bought by
Severson Gerard L and Severson Teresa M

Purchase Details

Closed on
Sep 23, 2014
Sold by
Schmidt Carol A and Mastre Grant R
Bought by
Mastre Grant R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 8, 2014
Sold by
Mastre Grant R
Bought by
Mastre Scott Robert and Mastre Kenneth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 14, 2014
Sold by
Schmidt Carol A
Bought by
Mastre Grant R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 25, 2014
Sold by
Steinberg Raymond M and Steinberg Marilyn
Bought by
Schmidt Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2011
Sold by
Steinberg Raymond M and Steinberg Marilyn
Bought by
Steinberg Raymond and Steinberg Mariilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,300
Interest Rate
7.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 4, 2009
Sold by
Steinberg Raymond M and Steinberg Marilyn
Bought by
Steinberg Raymond M and Steinberg Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,700
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2003
Sold by
Steinberg Raymond M and Steinberg Marilyn
Bought by
Steinberg Raymond M and Steinberg Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,700
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2002
Sold by
Steinberg Raymond M and Steinberg Marilyn
Bought by
Steinberg Raymond M and Steinberg Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.17%

Purchase Details

Closed on
Nov 1, 2001
Sold by
Steinberg Raymond M and Steinberg Marilyn
Bought by
Steinberg Raymond M and Steinberg Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.57%

Purchase Details

Closed on
Dec 16, 1997
Sold by
Steinberg Raymond M and Steinberg Marilyn
Bought by
Steinberg Raymond M and Steinberg Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,100
Interest Rate
7.22%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Severson Gerard L -- None Available
Severson Gerard L -- American Title Svc Agcy Llc
The Severson Family Irrevocable Trust -- Great American Ttl Agcy Inc
Severson Gerard L $1,225,000 Great American Ttl Agcy Inc
Mastre Grant R -- Accommodation
Mastre Scott Robert -- Accommodation
Mastre Grant R -- Accommodation
Mastre Grant R -- Accommodation
Schmidt Carol A $750,000 Great American Title Agency
Steinberg Raymond -- Driggs Title Agency Inc
Steinberg Raymond -- Driggs Title Agency Inc
Steinberg Raymond M -- The Talon Group Kierland
Steinberg Raymond M -- The Talon Group Kierland
Steinberg Raymond M -- North American Title Co
Steinberg Raymond M -- North American Title Co
Steinberg Raymond M -- --
Steinberg Raymond M -- Security Title Agency
Steinberg Raymond M -- North American Title Co
Steinberg Raymond M -- North American Title Co
Steinberg Raymond M -- Lawyers Title Of Arizona Inc
Steinberg Raymond M -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mastre Grant R $400,000
Previous Owner Schmidt Carol A $417,000
Previous Owner Steinberg Raymond $215,300
Previous Owner Steinberg Raymond M $218,700
Previous Owner Steinberg Raymond M $234,700
Previous Owner Steinberg Raymond M $232,000
Previous Owner Steinberg Raymond M $230,000
Previous Owner Steinberg Raymond M $196,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2012 05/03/12 Sold $1,015,000 0.0% $279 / Sq Ft
04/21/2010 04/21/10 Off Market $1,015,000 -- --
01/24/2009 01/24/09 For Sale $1,599,000 -- $440 / 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 $5,847 $91,297 -- --
2024 $5,506 $86,949 -- --
2023 $5,506 $105,900 $21,180 $84,720
2022 $5,193 $81,320 $16,260 $65,060
2021 $5,555 $75,110 $15,020 $60,090
2020 $5,595 $73,930 $14,780 $59,150
2019 $5,378 $71,070 $14,210 $56,860
2018 $5,188 $71,000 $14,200 $56,800
2017 $4,944 $69,250 $13,850 $55,400
2016 $4,836 $63,250 $12,650 $50,600
2015 $4,574 $59,920 $11,980 $47,940
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4114857

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-28-077