NOT LISTED FOR SALE

7500 E Mccormick Pkwy Unit 62 Scottsdale, AZ 85258

McCormick Ranch Neighborhood

Estimated Value: $1,421,000 - $1,831,987

2 Beds
2 Baths
2,740 Sq Ft
$601/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $1,725,000 $630 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $10,346/month

16 Days on Market

Highlights

  • Fitness Center
  • Gated with Attendant
  • Two Way Fireplace
  • Kiva Elementary School Rated A
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of October 2023

Picture this! In the 24-hrs manned gated community of Colonia Encantada in McCormick Ranch is a stunning Villa fully re-imaged by the design talents of Christopher Coffin Design. This block constructed home transports you to the beauty of a European garden. You are greeted by lush greenery, mature trees and quality architecture. The home lives on the first floor with the primary bedroom/bath - first floor & a only a private office/loft/flex space on the second floor. Tongue/grooved beamed ceilings, ornate ironwork, and large windows and French doors allow you to soak in the beauty of the surrounding gardens. The gourmet kitchen boasts high-end appliances and a large walnut top island, ample marble countertops, & wood cabinetry to maximize storage...(continued). 2 beds + den + office/loft, 2 baths (all on main floor) and this home has an expanded eat-in kitchen area. The primary bedroom/bath is a spa-like retreat to unwind and relax, with large walk-in shower, dual vanities/sinks & wi-closet. Primary suite has (2) additional European closets for maximum storage. Located on the N/S cul-de-sac interior, this home is adjacent to the private community dog park. Two community pools, clubhouse, tennis courts, and fitness center and golf courses within walking distance, make this the perfect Central Scottsdale location. Close by, fine dining, bike paths, Luci's at The Grove, & The New Ritz Carlton Resort. PLEASE SEE FLOOR PLAN AT DOCUMENTS TAB.

Last Listed By

Jan Kabbani

The Brokery License #SA518809000 Listed on: 08/30/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,700

Year Built

  • Built in 1981

Lot Details

  • 6,152 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Cul-De-Sac
  • Private Streets
  • Block Wall Fence
  • Artificial Turf
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

HOA Fees

  • $711 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,740 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Two Way Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 174-24-151

Community Details

Overview

  • Association fees include pest control, ground maintenance, front yard maint
  • Heywood Realty Association, Phone Number (480) 820-1519
  • Mccormick Ranch Association, Phone Number (480) 860-1122
  • Association Phone (480) 860-1122
  • Built by EDMUNDS
  • Cuernavaca Segundo Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

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

Security

  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,700

Year Built

Built in 1981

Lot Details

0

HOA Fees

$711 per month

Parking

2

Listing Details

  • Cross Street: Scottsdale Road & McCormick Pkwy
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Name: McCormick Ranch
  • HOA #2 Phone Number: 480-860-1122
  • HOA #2 Transfer Fee: 600.0
  • 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: 710.83
  • Basement: N
  • Updated Partial or Full Bathrooms: Partial
  • Bathrooms Year Updated: 2015
  • Updated Floors: Partial
  • Items Updated Floor Yr Updated: 2015
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2019
  • Updated Kitchen: Partial
  • Items Updated Kitchen Yr Updated: 2015
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2015
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1981
  • Tax Year: 2022
  • Directions: East on McCormick Ranch Parkway to Manned Guard Gate on Left***ASK GUARD FOR DIRECTIONS TO HOME***
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: CUERNAVACA SEGUNDO
  • Architectural Style: Spanish
  • Efficiency: Multi-Zones
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 690.0
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Two Way Fireplace
  • Fireplace: Yes
  • Interior Amenities: Master Downstairs, Eat-in Kitchen, Vaulted Ceiling(s), Kitchen Island, Pantry, Double Vanity, High Speed Internet, Granite Counters
  • Living Area: 2740.0
  • Stories: 2
  • Window Features: Skylight(s)
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Fireplace:_one_ Fireplace: 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
  • Kitchen Features Pantry: Yes
  • Community Features:On-Site Guard: Yes
  • Other Rooms:Loft: Yes
  • Fireplace:Two Way Fireplace: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Covered Patio(s), Patio, Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Cul-De-Sac, Grass Front, Synthetic Grass Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile, Foam
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes

Garage/Parking

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

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Security: 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, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
  • Amenities: Management, Rental OK (See Rmks)
  • Association #2 Fee: 250.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 690.0
  • Association Fee Frequency: Monthly
  • Association: McCormick Ranch
  • Association Name: Heywood Realty
  • Association Phone #2: 480-860-1122
  • Phone: 480-820-1519
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Heywood Realty
  • Association Fees:HOA Telephone4: 480-820-1519
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 0.5
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:Prepaid Association Fees HOA: 1380.0
  • Association Fees:Disclosure Fees HOA: 400.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Prepaid Association Fees HOA 2: 1380.0
  • Association Fee Incl:Front Yard Maint: Yes
  • Association Fee Incl:Pest Control: Yes

Fee Information

  • Association Fee Includes: Pest Control, Maintenance Grounds, Front Yard Maint

Schools

  • Elementary School: Kiva 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: 6152.0
  • Parcel #: 174-24-151
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: EDMUNDS

Tax Info

  • Tax Annual Amount: 4700.0
  • Tax Book Number: 174.00
  • Tax Lot: 62
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Oct 10, 2023
Sold by
Carolyn Compton Trust
Bought by
Marilyn M Dee Revocable Living Trust and Dee
Seller's Agent
Jan Kabbani
The Brokery
Buyer's Agent
Jan Kabbani
The Brokery
List Price
$1,750,000
Sold Price
$1,725,000
Premium/Discount to List
-$25,000
-1.43%
Total Days on Market
16
Views
27
Current Estimated Value
$1,647,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,003
Avg. Annual Appreciation
-2.92%
Original Mortgage
$1,283,000
Outstanding Balance
$1,263,956
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$384,041

Purchase Details

Closed on
Apr 27, 2023
Sold by
Compton Carolyn Corlies
Bought by
Carolyn Compton Trust

Purchase Details

Listed on
Apr 10, 2015
Closed on
Apr 15, 2015
Sold by
Hassell Aarno A and Hassell Beverly C
Bought by
Compton Carolyn Corlies
Seller's Agent
Jan Kabbani
The Brokery
Buyer's Agent
Lisa Ramos
Russ Lyon Sotheby's International Realty
List Price
$949,000
Sold Price
$930,000
Premium/Discount to List
-$19,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$350,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2014
Sold by
Adler Hector E
Bought by
Hassell Aarno A and Hassell Beverly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2012
Closed on
Apr 24, 2012
Sold by
Daley Joanne M
Bought by
Adler Hector E and Hector E Adler Revocable Trust
Seller's Agent
Jan Kabbani
The Brokery
Buyer's Agent
Leslie Jenkins
Russ Lyon Sotheby's International Realty
List Price
$819,000
Sold Price
$775,000
Premium/Discount to List
-$44,000
-5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$620,000
Interest Rate
2.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2007
Sold by
Martin Ralph T
Bought by
Martin Ralph T and Daley Joanne M

Purchase Details

Closed on
Jul 10, 2006
Sold by
Baxter Jacqueline H
Bought by
Martin Ralph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.66%
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
Marilyn M Dee Revocable Living Trust $1,725,000 First American Title Insurance
Carolyn Compton Trust -- None Listed On Document
Compton Carolyn Corlies $930,000 Greystone Title Agency Llc
Hassell Aarno A $905,000 Greystone Title Agency
Adler Hector E $775,000 Equity Title Agency Inc
Martin Ralph T -- None Available
Martin Ralph T $825,000 Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marilyn M Dee Revocable Living Trust $1,283,000
Closed Carolyn Compton Trust $1,043,900
Previous Owner Compton Carolyn Corlies $350,000
Previous Owner Hassell Aarno A $724,000
Previous Owner Adler Hector E $620,000
Previous Owner Martin Ralph T $150,000
Previous Owner Martin Ralph T $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $1,725,000 -1.4% $630 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $1,750,000 +88.2% $639 / Sq Ft
05/08/2015 05/08/15 Sold $930,000 -2.0% $339 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $949,000 +4.9% $346 / Sq Ft
02/02/2015 02/02/15 Sold $905,000 -1.1% $330 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $915,000 +18.1% $334 / Sq Ft
04/30/2012 04/30/12 Sold $775,000 -5.4% $283 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $819,000 -- $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 $5,243 $83,533 -- --
2024 $4,987 $79,555 -- --
2023 $4,987 $92,680 $18,530 $74,150
2022 $4,700 $77,380 $15,470 $61,910
2021 $5,031 $73,260 $14,650 $58,610
2020 $4,982 $72,400 $14,480 $57,920
2019 $4,787 $72,810 $14,560 $58,250
2018 $4,616 $70,820 $14,160 $56,660
2017 $4,395 $65,280 $13,050 $52,230
2016 $4,298 $62,130 $12,420 $49,710
2015 $4,063 $61,780 $12,350 $49,430
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6598721

Arizona Regional Multiple Listing Service (ARMLS)

APN: 174-24-151