$475,000
SOLD MAY 22, 2025

8653 E Royal Palm Rd Unit 2003 Scottsdale, AZ 85258

McCormick Ranch Neighborhood
2 Beds
2 Baths
1,490 Sq Ft
$397/mo HOA Fee

Recently Sold

$319 Per Sq Ft

5% Below List Price

167 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Gated Community
  • Cochise Elementary School Rated A
  • Heated Spa
  • Contemporary Architecture

About This Home

As of May 2025

Great Value in McCormick Ranch. Located in the boutique gated community of Villa Royale. This two bedroom two bathroom unit boasts a large open floor plan. vaulted ceilings, fireplace and a light and bright living space. Your private balcony looks over community greenbelt and offers you great privacy. This lightly lived in home features many updates and you can move right in. Home comes with a one car garage that offers ample storage and easy access. The Villa Royale community is conveniently located to all Scottsdale has to offer and walking distance to shopping and restaurants.

Last Agent to Sell the Property

Shawn Rimer

Russ Lyon Sotheby's International Realty License #SA651807000 Listed on: 11/07/2024

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Michael Hawkins

HomeSmart License #BR662696000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 1996

Lot Details

  • 193 Sq Ft Lot
  • Desert faces the front of the property
  • Two or More Common Walls
  • Private Streets
  • Grass Covered Lot

HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 1,490 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Low Emissivity Windows
  • Solar Screens

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Heated Spa
  • Heated Pool

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Unit is on the top floor

Listing and Financial Details

  • Tax Lot 2003
  • Assessor Parcel Number 174-71-200

Community Details

Overview

  • Association fees include roof repair, insurance, ground maintenance, street maintenance, trash, roof replacement, maintenance exterior
  • Tri City Management Association, Phone Number (480) 844-2224
  • Mccormich Ranch Poa, Phone Number (480) 860-1122
  • Association Phone (480) 860-1122
  • Villa Royale At Mccormick Ranch Mcr 393 43 Subdivision

Recreation

  • Fitness Center
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Additional Features

  • Recreation Room
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,614

Year Built

Built in 1996

Lot Details

0

HOA Fees

$397 per month

Parking

1

Listing Details

  • Cross Street: Hayden and Via De Ventura
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Condominium
  • HOA #2 Name: McCormich Ranch POA
  • HOA #2 Phone Number: 480-860-1122
  • 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: 396.67
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2017
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2018
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2016
  • Parking Spaces Slab Parking Spaces: 1.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1996
  • Tax Year: 2024
  • Directions: North on Hayden, East on Villa Royale to gated Community on Right. Upon entering through gate home is first right and visitor parking is available across from Home.
  • Property Sub Type: Townhouse
  • Horses: No
  • Subdivision Name: VILLA ROYALE AT MCCORMICK RANCH MCR 393-43
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • Association Fees:HOA Fee2: 375.0
  • Dining Area:Breakfast Bar: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Community Features:Community Spa2: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Vaulted Ceiling(s), Pantry, 3/4 Bath Master Bdrm
  • Living Area: 1490.0
  • Stories: 2
  • Window Features: Low-Emissivity Windows, Solar Screens
  • Community Features:ClubhouseRec Room: Yes
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: 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:Workout Facility: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Private Street(s)
  • Lot Features: Desert Front, Grass Back
  • Pool Features: Heated
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls, Neighbor Below
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Garage Door Opener
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Biking/Walking Path, Fitness Center
  • Association #2 Fee: 260.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 375.0
  • Association Fee Frequency: Monthly
  • Association: McCormich Ranch POA
  • Association Name: Villa Royale
  • Association Phone #2: 480-860-1122
  • Phone: 480-844-2224
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 1120.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Villa Royale
  • Association Fees:HOA Telephone4: 480-844-2224
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 750.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fees:Other Fees HOA: 25.0
  • Association Fees:Other Fees Description: Document Fees
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Tri City Management
  • Association Fees:HOA Paid Frequency 2: Annually
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Disclosure Fees HOA 2: 255.0
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Maintenance Grounds, Street Maint, Trash, Roof Replacement, Maintenance Exterior

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: 193.0
  • Parcel #: 174-71-200

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1614.0
  • Tax Book Number: 174.00
  • Tax Lot: 2003
  • Tax Map Number: 71.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
May 14, 2025
Sold by
Factor Revocable Trust and Factor Phillip H
Bought by
Welker Joint Trust and Welker
Seller's Agent
Shawn Rimer
Russ Lyon Sotheby's International Realty
Buyer's Agent
Michael Hawkins
HomeSmart
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Views
146
Current Estimated Value
$495,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,089
Avg. Annual Appreciation
15.94%

Purchase Details

Closed on
Jul 31, 2018
Sold by
Factor Phillip and Factor Sari
Bought by
Factor Phillip H and Factor Sari Gold

Purchase Details

Listed on
Nov 25, 2016
Closed on
Apr 25, 2017
Sold by
Benavente Oscar and Benavente Marie France
Bought by
Factor Phillip and Factor Sari
Seller's Agent
Reggie Chandler
Realty ONE Group
Buyer's Agent
Shawn Rimer
Russ Lyon Sotheby's International Realty
List Price
$285,000
Sold Price
$260,000
Premium/Discount to List
-$25,000
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$206,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2010
Sold by
Rohr Dana
Bought by
Benavente Oscar and Benavente Marie France

Purchase Details

Closed on
Sep 12, 2007
Sold by
Hall Pamela M
Bought by
Rohr Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,750
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 15, 1995
Sold by
Vallarta Scottsdale Associates Llc
Bought by
Hall Pamela M
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $475,000 Old Republic Title Agency
Interfamily Deed Transfer -- None Available
Warranty Deed $260,000 First American Title Insuran
Cash Sale Deed $228,000 Lawyers Title Of Arizona Inc
Warranty Deed $275,000 None Available
Cash Sale Deed $137,290 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $206,000 New Conventional
Previous Owner $232,000 Unknown
Previous Owner $13,750 Stand Alone Second
Previous Owner $220,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Sold $475,000 0.0% $319 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
03/22/2025 03/22/25 Price Changed $475,000 -4.8% $319 / Sq Ft
11/07/2024 11/07/24 For Sale $499,000 +91.9% $335 / Sq Ft
06/06/2017 06/06/17 Sold $260,000 -1.9% $174 / Sq Ft
04/21/2017 04/21/17 Price Changed $265,000 -3.6% $178 / Sq Ft
02/09/2017 02/09/17 Price Changed $275,000 -3.5% $185 / Sq Ft
11/25/2016 11/25/16 For Sale $285,000 -- $191 / 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 $1,614 $27,280 -- --
2024 $1,522 $25,981 -- --
2023 $1,522 $37,470 $7,490 $29,980
2022 $1,449 $30,050 $6,010 $24,040
2021 $1,572 $27,800 $5,560 $22,240
2020 $1,558 $25,900 $5,180 $20,720
2019 $1,510 $24,130 $4,820 $19,310
2018 $1,476 $22,910 $4,580 $18,330
2017 $1,392 $21,250 $4,250 $17,000
2016 $1,600 $21,260 $4,250 $17,010
2015 $1,523 $22,460 $4,490 $17,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6780817

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-71-200