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Sold for $660,000
  • $660,000

    7318 E PALO VERDE Drive #16, Scottsdale, AZ 85250

    2beds
    2baths
    1,489sqft
    Townhouse
    Built in 1982
    2,890 Square Feet Lot
    $657,300 Zestimate®
    $443/sqft
    $2,856 Estimated rent

    Home value

    $657,300

    $605,000 - $723,000

    $2,856/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lea Ann Hervey 602-481-9236,

    RE/MAX Fine Properties

    Bought with:

    Darrin M Fox, SA522683000

    Russ Lyon Sotheby's International Realty

    Source: ARMLS,MLS#: 6782873MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Primary bedroom
    • Area: 242.88
    • Dimensions: 18.40 x 13.20
    Bedroom 2
    • Area: 167.66
    • Dimensions: 16.60 x 10.10
    Den
    • Area: 149.4
    • Dimensions: 16.60 x 9.00
    Dining room
    • Area: 140.14
    • Dimensions: 9.80 x 14.30
    Kitchen
    • Area: 173.02
    • Dimensions: 21.10 x 8.20
    Living room
    • Area: 217.36
    • Dimensions: 15.20 x 14.30
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Features
    • High Speed Internet, Granite Counters, 9+ Flat Ceilings, No Interior Steps, Vaulted Ceiling(s), Full Bth Master Bdrm
    • Flooring: Tile
    • Windows: Skylight(s)
    • Has basement: No
    • Common walls with other units/homes: Two Common Walls
    Interior area
    • Total structure area: 1,489
    • Total interior livable area: 1,489 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Door Opener, Attch'd Gar Cabinets
    • Garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Private Yard
    • Pool features: None
    • Spa features: None, Bath
    • Fencing: Block
    Lot
    • Size: 2,890 Square Feet
    • Features: Cul-De-Sac, Grass Front
    Details
    • Parcel number: 17305202A

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Stucco, Wood Frame, Painted
    • Roof: Tile,Built-Up
    Condition
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Pvt Water Company

    Community & HOA

    Community
    • Features: Community Spa Htd
    • Subdivision: VILLA PALO VERDE
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Front Yard Maint
    • HOA fee: $300 monthly
    • HOA name: Villa Palo Verde HOA
    • HOA phone: 623-748-7595
    Location
    • Region: Scottsdale

    Financial & listing details

    • Price per square foot: $443/sqft
    • Tax assessed value: $547,300
    • Annual tax amount: $2,469
    • Date on market: 11/2/2025
    • Cumulative days on market: 21 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/15/2025Sold$660,000-2.2%$443/sqft
    Source: ARMLS #6782873 Report a problem
    12/3/2024Pending sale$675,000$453/sqft
    Source: ARMLS #6782873 Report a problem
    11/12/2024Listed for sale$675,000+150%$453/sqft
    Source: ARMLS #6782873 Report a problem
    9/13/2024Listing removed$3,400$2/sqft
    Source: Zillow Rentals Report a problem
    9/5/2024Listed for rent$3,400$2/sqft
    Source: Zillow Rentals Report a problem
    8/16/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/22/2024Price change$3,400-2.9%$2/sqft
    Source: Zillow Rentals Report a problem
    2/28/2024Price change$3,500-4.1%$2/sqft
    Source: Zillow Rentals Report a problem
    1/8/2024Listed for rent$3,650$2/sqft
    Source: Zillow Rentals Report a problem
    1/1/2024Listing removed--
    Source: Zillow Rentals Report a problem
    12/18/2023Price change$3,650-1.4%$2/sqft
    Source: Zillow Rentals Report a problem
    12/14/2023Price change$3,700-1.3%$2/sqft
    Source: Zillow Rentals Report a problem
    11/20/2023Listed for rent$3,750$3/sqft
    Source: Zillow Rentals Report a problem
    4/29/2004Sold$270,000$181/sqft
    Source: ARMLS #2102233 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,559 +4.4%$54,730 -6.2%
    2024$2,452 +21.4%$58,350 +76.3%
    2023$2,020 +4.2%$33,106 -16.3%
    2022$1,939 -7%$39,570 +3.9%
    2021$2,084 +3.1%$38,080 +7.7%
    2020$2,021 +2.3%$35,350 +7.9%
    2019$1,974 $32,760 +18.2%
    2018$1,974 +6%$27,710 +8.3%
    2017$1,863 +6.2%$25,580 +7.9%
    2016$1,755 +2.6%$23,700 +5%
    2015$1,710 $22,580 +3%
    2014-- $21,920 +13%
    2013-- $19,400 -11.2%
    2012-- $21,850 -6.4%
    2011-- $23,350 -9.7%
    2010-- $25,850 -13.4%
    2009-- $29,850 -6.9%
    2008-- $32,050 +6.5%
    2007-- $30,100 +69.6%
    2006-- $17,750
    2005-- $17,750 +3.2%
    2004-- $17,200
    2003-- $17,200 +15.8%
    2002-- $14,850
    Find assessor info on the county website

    Neighborhood: 85250

    Nearby schools

    GreatSchools rating
    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
    $657,300
    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
    $657,300