NOT LISTED FOR SALE

7318 E Palo Verde Dr Unit 3 Scottsdale, AZ 85250

Indian Bend Neighborhood

Estimated Value: $749,892

2 Beds
2 Baths
1,489 Sq Ft
$504/Sq Ft Est. Value

Last Sold December 30, 2024

Last sale price $750,000 $504 Per Sq Ft

Current estimated payment $4,655/month

64 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Corner Lot
  • Kiva Elementary School Rated A
  • Spanish Architecture
  • Granite Countertops

About This Home

As of December 2024

Beautifully remodeled two bedroom, two bath Villa Palo Verde Townhome w/ den. Kitchen has high- end cabinets, appliances, and cozy breakfast area The great room is light and airy w/ fireplace and skylights. Lovely primary bedroom, ensuite bath is spacious w/ walk-in closet Front courtyard and nice size back patio professionally designed and landscaped. High-grade security system and other amenities in documents. Perfectly located in the heart of Scottsdale. This townhome is walking distance to Scottsdale's best restaurants and shopping. Steps from hiking, biking, and running trails along the Greenbelt or Canal. Camelback Mountain is a couple of blocks out the door. Fifteen minutes to the airport and five minutes to the 101 Freeway. A perfect home for professionals or winter visitors

Last Listed By

Bridget Hay

The Hayland Group, Inc. License #SA025411000 Listed on: 10/14/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 1983

Lot Details

  • 2,991 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,489 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Mountain Views
  • Security System Owned

Kitchen

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

Flooring

  • Floors Updated in 2021
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

  • Navajo Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Cooling System Updated in 2022
  • Refrigerated Cooling System
  • Heating Available
  • Water Softener
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Covered patio or porch
  • Property is near a bus stop

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 173-05-189-A

Community Details

Overview

  • Association fees include insurance, ground maintenance, street maintenance, front yard maint, maintenance exterior
  • Integrity First Mngt Association, Phone Number (623) 748-7595
  • Villa Palo Verde Subdivision

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,454

Year Built

Built in 1983

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Cross Street: Scottsdale Road/ Palo Verde Drive DO NOT USE GPS
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 300.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2015
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2021
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2022
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2015
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1983
  • Tax Year: 2023
  • Directions: South of McDonald Dr.on Scottsdale Road to Palo Verde Dr. East on Palo Verde to first left into Villa Palo Verde Complex. North past Community pool to unit #3 on the left.
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.07
  • Subdivision Name: VILLA PALO VERDE
  • Architectural Style: Spanish
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 300.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Living Room
  • Fireplace: Yes
  • Interior Amenities: See Remarks, Eat-in Kitchen, 9+ Flat Ceilings, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), 3/4 Bath Master Bdrm, Double Vanity, Granite Counters
  • Living Area: 1489.0
  • Stories: 1
  • Window Features: Dual Pane
  • Community Features:Community Pool: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Community Spa: Yes
  • Fireplace:Fireplace Living Rm: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:See Remarks2: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Covered Patio(s), Patio, Private Street(s)
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac, Irrigation Front
  • Pool Features: None
  • Pool Private: No
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: Two Common Walls
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

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

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Refrigeration
  • Heating: Electric
  • Security: Security System Owned
  • Water Source: Pvt Water Company
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Spa, Community Pool, Near Bus Stop
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association Name: Palo Verde HOA
  • Phone: 623-748-7595
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Palo Verde HOA
  • Association Fees:HOA Telephone4: 623-748-7595
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Prepaid Association Fees HOA: 600.0
  • Association Fees:Disclosure Fees HOA: 175.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Integrity First Mngt
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Street Maint, Front Yard Maint, Maintenance Exterior

Schools

  • Elementary School: Navajo 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: 2991.0
  • Parcel #: 173-05-189-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 2454.0
  • Tax Book Number: 173.00
  • Tax Lot: 3
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Dec 26, 2024
Sold by
Rizon Partners Llc
Bought by
Molique Kelly Belinda
Seller's Agent
Bridget Hay
The Hayland Group, Inc.
Buyer's Agent
Bridget Hay
The Hayland Group, Inc.
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Total Days on Market
64
Views
23
Current Estimated Value
$749,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108
Avg. Annual Appreciation
-0.04%

Purchase Details

Closed on
Feb 17, 2021
Sold by
Pitts Susan
Bought by
Rizon Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2006
Sold by
Coggins Janice M
Bought by
Pitts Susan

Purchase Details

Closed on
Feb 14, 2003
Sold by
Molique Kelly B and Schmitt Kelly B
Bought by
Pitts Susan and Coggins Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 1997
Sold by
Gonzales Barry Fitzgerald and Willis Dawn Cherise
Bought by
Schmitt Kelly B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1996
Sold by
Mckinnon Daniel T and Kathy Mckinnon M
Bought by
Gonzales Barry Fitzgerald and Willis Dawn Cherise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,100
Interest Rate
7.87%

Purchase Details

Closed on
Jan 23, 1995
Sold by
Bigioni Aldo and Bigioni Marie
Bought by
Mckinnon Daniel T and Kathy Mckinnon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
9.27%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Molique Kelly Belinda $750,000 First American Title Insurance
Molique Kelly Belinda $750,000 First American Title Insurance
Rizon Partners Llc $490,000 First American Title Ins Co
Pitts Susan -- --
Pitts Susan $232,000 Equity Title Agency Inc
Schmitt Kelly B $177,920 Security Title Agency
Gonzales Barry Fitzgerald $163,000 First American Title
Mckinnon Daniel T $155,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rizon Partners Llc $490,000
Previous Owner Pitts Susan $155,800
Previous Owner Pitts Susan $72,000
Previous Owner Pitts Susan $181,600
Previous Owner Schmitt Kelly B $130,000
Previous Owner Gonzales Barry Fitzgerald $114,100
Previous Owner Mckinnon Daniel T $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $750,000 -2.0% $504 / Sq Ft
11/08/2024 11/08/24 Price Changed $765,000 -4.3% $514 / Sq Ft
10/14/2024 10/14/24 For Sale $799,000 -- $537 / 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 $2,133 $36,687 -- --
2024 $2,454 $34,940 -- --
2023 $2,454 $49,320 $9,860 $39,460
2022 $2,328 $39,610 $7,920 $31,690
2021 $2,473 $38,150 $7,630 $30,520
2020 $2,095 $35,420 $7,080 $28,340
2019 $2,031 $32,780 $6,550 $26,230
2018 $1,985 $27,750 $5,550 $22,200
2017 $1,873 $25,770 $5,150 $20,620
2016 $1,835 $23,830 $4,760 $19,070
2015 $1,764 $22,710 $4,540 $18,170
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6771645

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-05-189A