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For sale
    • Price cut: $900 (8/12)
    $599,000

    7240 N DREAMY DRAW Drive #113, Phoenix, AZ 85020

    2beds
    2,209sqft
    : 
    $3,870/mo
    Get pre-qualified
    Townhouse
    Built in 1998
    3,489 Square Feet Lot
    $-- Zestimate®
    $271/sqft
    $345/mo HOA

    What's special

    Open inviting floor planBeautifully updated homeSoaring ceilingsSpacious loftAbundant natural lightUpdated cabinetryGe stainless steel appliances
    Welcome to this beautifully updated home in the highly desirable gated community of Legends at Dreamy Draw. Renovated in 2025, this move-in-ready residence features new flooring throughout, updated cabinetry, GE stainless steel appliances and a primary bathroom that offers a spa-like retreat with modern finishes. Offering over 2,200 square feet of living space, this 2-bedroom, 2.5-bath home also includes a spacious loft that can easily serve as a home office, media room, fitness space, or guest retreat. Soaring ceilings, abundant natural light, and an open, inviting floor plan create a comfortable flow that's perfect for both everyday living and entertaining. Minutes from the Biltmore, Scottsdale, downtown Phoenix, premier dining, shopping, hiking and convenient freeway access.
    54 days
    |
    502
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Keith Grayson 602-418-0350,

    Grayson Real Estate

    Source: ARMLS,MLS#: 7047291MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Heat Pump, Forced Air, Ceiling
    Cooling
    • Heat Pump, Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Washer, Refrigerator, Dishwasher
    • Laundry: Upper Level, Inside
    Features
    • Double Vanity, Upstairs, Breakfast Bar, Vaulted Ceiling(s), Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Vinyl
    • Windows: Screens
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Gas
    Interior area
    • Total structure area: 2,209
    • Total interior livable area: 2,209 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Covered
    • Exterior features: Balcony, Private Street(s), Private Yard
    • Spa features: None
    • Fencing: Front Yard,Back Yard,Wrought Iron
    • Waterfront features: Wash
    Lot
    • Size: 3,489 Square Feet
    • Features: North/South Exposure, Desert Back, Desert Front, Synthetic Grass Back
    Details
    • Parcel number: 16424138

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Tile
    Condition
    • Year built: 1998

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Pool, Gated, Community Spa Htd
    • Subdivision: Legends at Dreamy Draw
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds
    • HOA fee: $345 monthly
    • HOA name: Legend Dreamy Draw
    • HOA phone: 602-294-0999
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $271/sqft
    • Tax assessed value: $521,800
    • Annual tax amount: $2,965
    • Date on market: 6/27/2026
    • Cumulative days on market: 55 days
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    DateEventPrice
    8/12/2026Price change$599,000-0.2%$271/sqft
    Source: ARMLS #7047291 Report a problem
    7/20/2026Price change$599,900-2.5%$272/sqft
    Source: ARMLS #7047291 Report a problem
    6/26/2026Listed for sale$615,000+41.4%$278/sqft
    Source: ARMLS #7047291 Report a problem
    6/26/2025Sold$435,000-3.3%$197/sqft
    Source: ARMLS #6738480 Report a problem
    5/1/2025Price change$449,999-9.9%$204/sqft
    Source: ARMLS #6738480 Report a problem
    4/24/2025Price change$499,5000%$226/sqft
    Source: ARMLS #6738480 Report a problem
    4/17/2025Price change$499,5500%$226/sqft
    Source: ARMLS #6738480 Report a problem
    4/10/2025Price change$499,6000%$226/sqft
    Source: ARMLS #6738480 Report a problem
    4/3/2025Price change$499,6500%$226/sqft
    Source: ARMLS #6738480 Report a problem
    3/27/2025Price change$499,7000%$226/sqft
    Source: ARMLS #6738480 Report a problem
    3/20/2025Price change$499,7500%$226/sqft
    Source: ARMLS #6738480 Report a problem
    3/13/2025Price change$499,7990%$226/sqft
    Source: ARMLS #6738480 Report a problem
    3/6/2025Price change$499,8000%$226/sqft
    Source: ARMLS #6738480 Report a problem
    2/27/2025Price change$499,8490%$226/sqft
    Source: ARMLS #6738480 Report a problem
    2/20/2025Price change$499,8990%$226/sqft
    Source: ARMLS #6738480 Report a problem
    2/14/2025Price change$499,9490%$226/sqft
    Source: ARMLS #6738480 Report a problem
    2/6/2025Price change$499,999-3.8%$226/sqft
    Source: ARMLS #6738480 Report a problem
    1/31/2025Price change$519,6500%$235/sqft
    Source: ARMLS #6738480 Report a problem
    1/23/2025Price change$519,7000%$235/sqft
    Source: ARMLS #6738480 Report a problem
    1/9/2025Price change$519,7500%$235/sqft
    Source: ARMLS #6738480 Report a problem
    1/1/2025Listed for sale$519,800$235/sqft
    Source: ARMLS #6738480 Report a problem
    11/4/2024Contingent$519,800$235/sqft
    Source: ARMLS #6738480 Report a problem
    10/31/2024Price change$519,8000%$235/sqft
    Source: ARMLS #6738480 Report a problem
    10/25/2024Price change$519,8500%$235/sqft
    Source: ARMLS #6738480 Report a problem
    10/17/2024Price change$519,9000%$235/sqft
    Source: ARMLS #6738480 Report a problem
    10/10/2024Listed for sale$519,950+103.9%$235/sqft
    Source: ARMLS #6738480 Report a problem
    6/30/2003Sold$255,000+12%$115/sqft
    Source: ARMLS #1987782 Report a problem
    11/28/2000Sold$227,700-8.3%$103/sqft
    Source: Public Record Report a problem
    4/6/1998Sold$248,390$112/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,965 +5.2%$52,180 -8.9%
    2024$2,819 +3%$57,280 +144.2%
    2023$2,737 +3.3%$23,453 -34%
    2022$2,650 -0.4%$35,550 +1.2%
    2021$2,660 +2.3%$35,120 -0.4%
    2020$2,599 +2.7%$35,260 +9.1%
    2019$2,531 $32,310 +6.3%
    2018$2,531 +5.3%$30,400 +10.7%
    2017$2,403 +11.5%$27,470 -2.7%
    2016$2,155 -3.6%$28,220 -7.9%
    2015$2,234 $30,650 +48.7%
    2014-- $20,610 +3%
    2013-- $20,000 +81%
    2012-- $11,050 -29.4%
    2011-- $15,650 -43.6%
    2010-- $27,750 -20.6%
    2009-- $34,950 -11.1%
    2008-- $39,300 +24.8%
    2007-- $31,500 +34.9%
    2006-- $23,350
    2005-- $23,350 +7.1%
    2004-- $21,800
    2003-- $21,800 +9.8%
    2002-- $19,850
    Find assessor info on the county website

    Monthly payment

    Est. payment

    Payment breakdown

    Explore the cost of this home by adjusting the details. Changes won't be saved.
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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    Climate risks

    Neighborhood: Camelback East

    Getting around

    65 / 100
    Somewhat Walkable
    41 / 100
    Some Transit
    67 / 100
    Bikeable

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Madison #1 Elementary School
    • Middle: Madison #1 Elementary School
    • High: Camelback High School
    • District: Madison Elementary 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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