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Sold for $615,000
  • $615,000

    7240 N DREAMY DRAW Drive #127, Phoenix, AZ 85020

    3beds
    2,209sqft
    Single Family Residence
    Built in 1998
    2,317 Square Feet Lot
    $617,000 Zestimate®
    $278/sqft
    $2,779 Estimated rent

    Home value

    $617,000

    $568,000 - $673,000

    $2,779/mo

    Zestimate® history
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    What's special

    Private gated enclaveOpen floor planDramatic high ceilingsStunning chocolate saltillo-tiled floorsMature landscapingUpdated kitchen granite countertops
    This enchanting home was once featured in AzCentral's Cool Homes. The house is nestled in a private, gated enclave situated nicely in North Central Phoenix with in walking distance to the Phx Mtn Preserves. The home is designed with an open floor plan, dramatic high ceilings and mature landscaping giving a special feeling of elegance meets cozy. Recently updated beautifully landscaped and shaded back patio including a fountain and lights. Updated kitchen granite countertops and new RH primary bath vanity. French-inspired light fixtures throughout the home, stunning chocolate Saltillo-tiled floors and darling balconies off each room. Minutes away from North Central Phoenix's best local restaurants and shopping with easy access to the 51.Perfect for year-round living or a lock and leave.

    Zillow last checked:

    Listing updated:

    Listed by:

    William F. Schmidt 602-405-2773,

    HomeSmart

    Bought with:

    Non-Represented Buyer

    Non-MLS Office

    Source: ARMLS,MLS#: 6976679MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Washer, Built-in Microwave, Dishwasher, Disposal, Gas Range
    Features
    • Double Vanity, Upstairs, Full Bth Master Bdrm
    • Flooring: Carpet, Stone
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas
    Interior area
    • Total structure area: 2,209
    • Total interior livable area: 2,209 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Stories: 2
    • Spa features: None
    • Fencing: Back Yard,Block
    Lot
    • Size: 2,317 Square Feet
    • Features: Sprinklers In Rear, Sprinklers In Front, Synthetic Grass Back
    Details
    • Parcel number: 16424152

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Wood Frame
    • Roof: Tile
    Condition
    • Year built: 1998

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water

    Community & HOA

    Community
    • Features: Pool, Gated
    • Subdivision: LEGENDS AT DREAMY DRAW CONDOMINIUM
    HOA
    • Has HOA: Yes
    • Services included: Street Maint, Front Yard Maint, Trash, Water
    • HOA fee: $355 monthly
    • HOA name: Legends at Dreamy Dr
    • HOA phone: 602-957-9191
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $278/sqft
    • Tax assessed value: $521,800
    • Annual tax amount: $2,965
    • Date on market: 2/3/2026
    • Cumulative days on market: 23 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/20/2026Sold$615,000-4%$278/sqft
    Source: ARMLS #6976679 Report a problem
    2/27/2026Pending sale$640,444$290/sqft
    Source: ARMLS #6976679 Report a problem
    2/3/2026Listed for sale$640,444+68.5%$290/sqft
    Source: ARMLS #6976679 Report a problem
    7/22/2014Listing removed$380,000$172/sqft
    Source: Coldwell Banker Residential Brokerage - Scottsdale @ 101 #5072618 Report a problem
    5/1/2014Price change$380,000-3.4%$172/sqft
    Source: Coldwell Banker Residential Brokerage - Scottsdale @ 101 #5072618 Report a problem
    3/27/2014Price change$393,500-1.6%$178/sqft
    Source: Coldwell Banker Residential Brokerage - Scottsdale @ 101 #5072618 Report a problem
    2/20/2014Listed for sale$400,000+82.5%$181/sqft
    Source: Coldwell Banker Residential Brokerage - Scottsdale @ 101 #5072618 Report a problem
    8/15/1997Sold$219,231$99/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 $32,320 +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

    Neighborhood: Camelback East

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Madison Heights Elementary School
    • Middle: Madison #1 Elementary School
    • High: Central 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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    Estimated market value
    $617,000
    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
    $617,000