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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
    : 
    $3,914/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.
    53 days
    |
    529
    |
    37
    |

    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: 53 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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