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Sold for $1,615,000
  • $1,615,000

    7500 E McCormick Parkway #50, Scottsdale, AZ 85258

    4beds
    4baths
    3,850sqft
    Townhouse
    Built in 1980
    6,312 Square Feet Lot
    $1,964,400 Zestimate®
    $419/sqft
    $6,844 Estimated rent

    Home value

    $1,964,400

    $1.75M - $2.24M

    $6,844/mo

    Zestimate® history
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    What's special

    Built-in bbq grillGated front courtyardEnergy-efficient solar powerEv chargingGranite countertopsLow maintenance backyard sanctuarySpectacular skylights
    Privately guard-gated on a manicured cul-de-sac in the coveted Colonia Encantada enclave at McCormick Ranch, this elegant Italian villa offers the ultimate urban escape with energy-efficient solar power, EV charging, a short walk to resort-style community amenities & easy access to Scottsdale's best shopping, dining, hiking, entertainment, renowned McCormick Ranch golf course & more! Enjoy pristine privacy from the gated front courtyard with a tranquil water feature, direct access to a first-floor guest room & enter through a cantilevered custom entry door to the expansive split two-level floor plan. The villa is enhanced with soaring ceilings, exposed wood beams, LED lights, stunning stone + hardwood flooring, spectacular skylights, venetian plaster accents, artisan pressed-tin -- ceilings & oversized windows that allow abundant natural light throughout. Entertain in the extravagant great room, open to a wet bar & formal dining alongside a wood-burning fireplace with direct access to the backyard. The secluded chef's kitchen is complete with granite countertops + backsplash, wood-look porcelain tile flooring, a 5-burner Fisher & Paykel cooktop, wine cooler, reverse osmosis system, breakfast nook & ample cabinet storage. A grand staircase transports you to the second level, where you will find two junior suites, a split primary retreat & two ensuite balconies. The primary suite features beamed 12' ceilings, private balcony, dual walk-in closets, vanities, a freestanding clawfoot soaking tub, an oversized walk-in tile shower & luxury custom finishes throughout. The low maintenance backyard sanctuary boasts artificial turf, a built-in BBQ grill & covered lounge gazebo with plenty of room to play. Don't miss your chance - this gem won't last long!

    Zillow last checked:

    Listing updated:

    Listed by:

    David Arustamian 480-209-2615,

    Russ Lyon Sotheby's International Realty

    Bought with:

    Colleen Corrigan, SA679549000

    Russ Lyon Sotheby's International Realty

    David Arustamian, BR662152000

    Russ Lyon Sotheby's International Realty

    Source: ARMLS,MLS#: 6568408MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s), Programmable Thmstat
    Appliances
    • Included: Electric Cooktop, Water Purifier
    Features
    • High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
    • Flooring: Stone, Tile, Wood
    • Windows: Skylight(s), Solar Screens, Double Pane Windows
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: Three Common Walls
    Interior area
    • Total structure area: 3,850
    • Total interior livable area: 3,850 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Unassigned, Gated, Garage Door Opener, Direct Access
    • Garage spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Covered, Patio
    • Exterior features: Balcony, Private Street(s), Built-in Barbecue
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Wrought Iron
    Lot
    • Size: 6,312 Square Feet
    • Features: Sprinklers In Rear, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back, Auto Timer H2O Front, Auto Timer H2O Back, Irrigation Front, Irrigation Back
    Details
    • Additional structures: Gazebo
    • Parcel number: 17424117

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Spanish
    • Property subtype: Townhouse
    • Attached to another structure: Yes
    Materials
    • Painted, Block
    • Roof: Tile,Foam
    Condition
    • Year built: 1980
    Details
    • Builder name: Geoffrey Edmunds

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City Water
    Green energy
    • Energy efficient items: Solar Panels
    • Water conservation: Low-Flow Fixtures

    Community & HOA

    Community
    • Features: Gated, Community Spa, Community Spa Htd, Near Bus Stop, Community Media Room, Guarded Entry, Tennis Court(s), Biking/Walking Path, Fitness Center
    • Security: Fire Sprinkler System, Security Guard
    • Subdivision: Cuernavaca Segundo Unit 2
    HOA
    • Has HOA: Yes
    • Services included: Insurance, Pest Control, Maintenance Grounds, Street Maint, Front Yard Maint, Maintenance Exterior
    • HOA fee: $690 monthly
    • HOA name: Colonia Encantada
    • HOA phone: 480-820-1519
    • Second HOA fee: $250 annually
    • Second HOA name: McCormick Ranch
    • Second HOA phone: 480-860-1122
    Location
    • Region: Scottsdale

    Financial & listing details

    • Price per square foot: $419/sqft
    • Tax assessed value: $1,224,800
    • Annual tax amount: $5,297
    • Date on market: 7/3/2025
    • Cumulative days on market: 146 days
    • Listing terms: Cash,Conventional,1031 Exchange
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/27/2025Listing removed$1,955,000+21.1%$508/sqft
    Source: ARMLS #6502415 Report a problem
    11/6/2023Sold$1,615,000-0.9%$419/sqft
    Source: ARMLS #6568408 Report a problem
    11/6/2023Pending sale$1,629,900$423/sqft
    Source: ARMLS #6568408 Report a problem
    10/3/2023Price change$1,629,900-6.9%$423/sqft
    Source: ARMLS #6568408 Report a problem
    6/13/2023Listed for sale$1,750,000-10.5%$455/sqft
    Source: ARMLS #6568408 Report a problem
    4/12/2023Listing removed$1,955,000$508/sqft
    Source: ARMLS #6502415 Report a problem
    2/9/2023Price change$1,955,000-2.8%$508/sqft
    Source: ARMLS #6502415 Report a problem
    12/30/2022Listed for sale$2,010,999+43617.4%$522/sqft
    Source: ARMLS #6502415 Report a problem
    10/4/2017Listing removed$4,750$1/sqft
    Source: Russ Lyon Sotheby's International Realty #5550494 Report a problem
    6/4/2017Price change$4,750-4%$1/sqft
    Source: Russ Lyon Sotheby's International Realty #5550494 Report a problem
    4/6/2017Price change$4,950-4.8%$1/sqft
    Source: Russ Lyon Sotheby's International Realty #5550494 Report a problem
    1/24/2017Listed for rent$5,200+4%$1/sqft
    Source: Russ Lyon Sotheby's International Realty #5550494 Report a problem
    4/27/2015Listing removed$5,000$1/sqft
    Source: Russ Lyon Sotheby's International Realty #5213401 Report a problem
    4/13/2015Sold$4,600-99.3%$1/sqft
    Source: Agent Provided Report a problem
    12/23/2014Listed for rent$5,000$1/sqft
    Source: Russ Lyon Sotheby's International Realty #5213401 Report a problem
    10/22/2004Sold$660,000+36.1%$171/sqft
    Source: ARMLS #2202848 Report a problem
    6/5/1998Sold$485,000$126/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,917 +4.8%$122,480 -6.5%
    2024$5,644 +1.3%$131,020 +55.4%
    2023$5,573 +5.2%$84,299 -7%
    2022$5,297 -5.6%$90,620 +5.4%
    2021$5,611 +4%$86,010 -1%
    2020$5,393 +3.6%$86,900 +3.4%
    2019$5,203 $84,050 +1.1%
    2018$5,203 +4.9%$83,150 +8.1%
    2017$4,958 +8.1%$76,900 +7.3%
    2016$4,588 -0.5%$71,660 +0.7%
    2015$4,610 $71,180 +17%
    2014-- $60,830 +23.1%
    2013-- $49,400 -11.8%
    2012-- $56,000 -6%
    2011-- $59,600 -16.6%
    2010-- $71,450 -12.8%
    2009-- $81,950 -15.5%
    2008-- $97,000 +18.6%
    2007-- $81,800 +53.2%
    2006-- $53,400
    2005-- $53,400 +15.1%
    2004-- $46,400
    2003-- $46,400 +19.9%
    2002-- $38,700
    Find assessor info on the county website

    Neighborhood: 85258

    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
    $1,964,400
    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
    $1,964,400