Welcome to your very own piece of paradise, nestled in the heart of Paradise Valley, AZ! This charming residence boasts stunning upgrades and an abundance of natural light, creating a bright and inviting atmosphere from the moment you walk in. Perfectly situated on a generous lot, offering a spacious backyard with sparkling pool, perfect for outdoor gatherings and activities, all while enjoying breathtaking mountain views! Immerse yourself in the tranquility and beauty of this ideal location, where every day feels like a retreat.
Sold for $2,000,000
$2,000,000
7040 E PALO VERDE Lane, Paradise Valley, AZ 85253
4beds
3baths
2,548sqft
Single Family Residence
Built in 1960
0.95 Acres Lot
$2,453,000 Zestimate®
$785/sqft
$5,593 Estimated rent
Home value
$2,453,000
$2.18M - $2.80M
$5,593/mo
Zestimate® history
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List your homeWhat's special
Sparkling poolSpacious backyardNatural lightHeart of paradise valley
Zillow last checked:
Listing updated:
Listed by:
Jamie L Wong 480-688-8808,
RE/MAX Fine Properties
Bought with:
Jamie L Wong, BR510137000
RE/MAX Fine Properties
Source: ARMLS,MLS#: 6624551
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Natural Gas
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Gas Range, Gas Oven, Gas Cooktop
- Laundry: Inside
Features
- High Speed Internet, Granite Counters, Double Vanity, Eat-in Kitchen, Breakfast Bar, No Interior Steps, Pantry
- Flooring: Carpet, Tile
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 2,548
- Total interior livable area: 2,548 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage Door Opener, Direct Access
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Stories: 1
- Patio & porch: Covered, Patio
- Has private pool: Yes
- Pool features: Diving Pool
- Spa features: None
- Fencing: Block
- Has view: Yes
- View description: City Lights, Mountain(s)
Lot
- Size: 0.95 Acres
- Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Grass Front, Grass Back, Synthetic Grass Frnt, Auto Timer H2O Back
Details
- Parcel number: 17306005
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Stucco, Wood Frame, Painted, Block
- Roof: Composition
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Septic Tank
- Water: Pvt Water Company
Community & HOA
Community
- Subdivision: HIDDEN VILLAGE 11 LOTS 484-491, 501-509
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Paradise Valley
Financial & listing details
- Price per square foot: $785/sqft
- Tax assessed value: $1,625,000
- Annual tax amount: $5,459
- Date on market: 11/21/2025
- Cumulative days on market: 116 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2024 | Sold | $2,000,000-16.7%$785/sqft |
Source:  ARMLS #6624551 Report a problem | ||
| 1/19/2024 | Price change | $2,400,000-4%$942/sqft |
Source: ARMLS #6624551 Report a problem | ||
| 10/31/2023 | Listed for sale | $2,500,000+166%$981/sqft |
Source: ARMLS #6624551 Report a problem | ||
| 5/16/2017 | Sold | $940,000-5.5%$369/sqft |
Source: ARMLS #5586093 Report a problem | ||
| 4/27/2017 | Pending sale | $995,000$391/sqft |
Source: Coldwell Banker Residential Brokerage - North Scottsdale #5586093 Report a problem | ||
| 4/25/2017 | Listed for sale | $995,000$391/sqft |
Source: Coldwell Banker Residential Brokerage #5586093 Report a problem | ||
| 4/25/2017 | Pending sale | $995,000$391/sqft |
Source: Coldwell Banker Residential Brokerage - North Scottsdale #5586093 Report a problem | ||
| 4/6/2017 | Listed for sale | $995,000+291.7%$391/sqft |
Source: Coldwell Banker Residential Brokerage #5586093 Report a problem | ||
| 11/28/1994 | Sold | $254,000$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,512 +5.2% | $162,500 +2% |
| 2024 | $4,287 -11.1% | $159,260 +109.5% |
| 2023 | $4,821 +18.7% | $76,023 -21.1% |
| 2022 | $4,061 -6.1% | $96,330 +15.1% |
| 2021 | $4,324 +4.1% | $83,660 +6.8% |
| 2020 | $4,153 +4.4% | $78,360 +1.5% |
| 2019 | $3,977 | $77,210 -1.2% |
| 2018 | $3,977 +4.7% | $78,170 +0.8% |
| 2017 | $3,797 +9% | $77,530 -2.4% |
| 2016 | $3,485 +0.2% | $79,420 |
| 2015 | $3,477 | $79,420 +40.8% |
| 2014 | -- | $56,400 +26.6% |
| 2013 | -- | $44,550 |
| 2012 | -- | $44,550 -13.3% |
| 2011 | -- | $51,360 -25.4% |
| 2010 | -- | $68,870 -14.3% |
| 2009 | -- | $80,320 -0.3% |
| 2008 | -- | $80,550 +25.1% |
| 2007 | -- | $64,400 +43.4% |
| 2006 | -- | $44,900 |
| 2005 | -- | $44,900 +4.1% |
| 2004 | -- | $43,150 |
| 2003 | -- | $43,150 +28.8% |
| 2002 | -- | $33,500 |
Find assessor info on the county website
Neighborhood: 85253
Nearby homes
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Nearby schools
GreatSchools rating
- 10/10Kiva Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 6/10Mohave Middle SchoolGrades: 6-8Distance: 1.8 mi
- 9/10Saguaro High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Kiva Elementary School
- Middle: Mohave Middle School
- High: Saguaro High School
- District: Scottsdale Unified District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,453,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,453,000
- Arizona
- Maricopa County
- Paradise Valley
- 85253
- 7040 E PALO VERDE Lane
Nearby cities
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