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Backup Offers

7318 E Palo Verde Dr Unit 16, Scottsdale, AZ, 85250

$675,000

Home List Price

$8,016*

Closing Credit

2 Bedrooms
2 Baths
1,489 SqFt
$453/SqFt
Townhouse

Location

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7318 E Palo Verde Dr Unit 16, Scottsdale$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttch'd Gar Cabinets, Electric Door Opener
Garage2 spaces
Year Built1982
HeatingElectric
CoolingCeiling Fan(s)
Fireplace1 Fireplace
MLS #6782873
Lot Size0.07 Acres
StatusAccepting Backup Offers

About 7318 E Palo Verde Dr Unit 16

This easy-to-maintain, single-level townhome is nestled in the Villa Palo Verde community, just minutes from the vibrant heart of Old Town Scottsdale. Offering 2 bedrooms, 2 bathrooms, a den, and a 2-car garage, this home is perfect for year-round living, a second home retreat, or an investment property (with min. 3-month rental). Step through the private, gated courtyard into the great room, where wood plank ceilings and skylights create a light atmosphere. The home features tile flooring throughout, a cozy wood-burning fireplace, and granite tile counters in the kitchen. Recent updates include a new HVAC system (2021), water heater (2022), and freshly recoated flat roof (2023). Relax on the large patio or take a short stroll across the street to the community pool.

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Stories: 1
  • Living Area: 1,489 SqFt

Listing Office:

  • Office Name: RE/MAX Fine Properties
  • Office Phone: (480) 792-9500
  • Listing Agent: Lea Ann Hervey

Interior Features

Interior Information:

  • Flooring Type: Tile
  • Interior: 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Full Bth Master Bdrm, Tub with Jets, High Speed Internet, Granite Counters
  • Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Patio, Private Yard

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Attch'd Gar Cabinets, Electric Door Opener

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Grass Front
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: South on Scottsdale to E (first left) Palo Verde Lane, North into Community at Palo Verde Drive to unit 16 on Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $453/SqFt

HOA Fees:

  • Amount: $300
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,103
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Scottsdale, AZ.

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Scottsdale, AZ

City

Med. Sold Price

$850.3K

Med. Price/SqFt

$409

Avg. Days On Market

74

# of Sold Homes

472

7318 E Palo Verde Dr Unit 16 vs Scottsdale

8 DAYS ON ROCKET

-66 Days

$675,000

-$175.3K Less

$453/SqFt

+$44 More

KEY TAKEAWAY

This property is $175.3K less than the Median Sold Price and $44/SqFt more than other homes in Scottsdale, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6782873

Listing Office:

  • Office Name: RE/MAX Fine Properties
  • Office Phone: (480) 792-9500
  • Listing Agent: Lea Ann Hervey

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/20/2024, 11:55:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 29, 2004Home Sold
$270,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,103$38,080
2020$2,084$35,350
2019$1,974$32,760
2017$1,863$25,580

History based on county public records data.

Payment Calculator

$3,736

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-190047
9
/10

  • Kiva Elementary School

  • 6911 E McDonald Dr

  • 0.57 miles

  • Public District Grades PK-5

school-card-donut-190048
9
/10

  • Pueblo Elementary School

  • 6320 N 82nd St

  • 1.06 miles

  • Public District Grades PK-5

school-card-donut-190049
5
/10

  • Noah Webster Schools-Pima

  • 5399 N Pima Rd

  • 1.91 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,703. Typical income of Scottsdale, AZ residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7318 E Palo Verde Dr Unit 16

What is the listing price of this property?

The listing price of 7318 E Palo Verde Dr Unit 16 property is $675,000.

What type of property is this?

The property 7318 E Palo Verde Dr Unit 16 is a townhouse located in Scottsdale, Arizona, 85250.

Is this property for sale now?

Accepting Backup Offers: 7318 E Palo Verde Dr Unit 16 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,103 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 29, 2004 for $270,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7318 E Palo Verde Dr Unit 16 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7318 E Palo Verde Dr Unit 16 is 1,489 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7318 E Palo Verde Dr Unit 16 is 1982.

Rocket Homes›Arizona›Maricopa County›Scottsdale›85250›7318 E Palo Verde Dr Unit 16

This home is located at 7318 E Palo Verde Dr Unit 16 in Scottsdale, AZ and zip code 85250 in the Villa Palo Verde neighborhood. This 1,489 square foot home, which was built in 1982, sits on a 0.07 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $675,000.

Scottsdale, AZ housing market in October 2024 saw over 25 listings sold above listed price, more than 78 sold at listed price and over 369 sold below. Between September 2024 and October 2024, Scottsdale, AZ real estate market has seen increase in the number of listings by 11.1%. In October 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $850,350.

From Rocket Homes Real Estate and based on county public records data.

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