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7032 East Cypress Street

7032 East Cypress Street, Scottsdale, AZ 85257
Property in Papago Paradise
Sold Nov 05, 2021
$600,000
$540,000 by Rocket Mortgage Llc
Mortgage Due Dec 01, 2051
Sold Apr 24, 2009
$149,000
$146,301 by Primelending
Mortgage Due May 01, 2039
7032 East Cypress Street has been categorized by the local assessors in Scottsdale, AZ as a residential type of property. The building on the property was first built in 1955 and is 69 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7032 East Cypress Street has 1,950 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,285 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of block. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7032 East Cypress Street sold most recently in Oct 28, 2021 for a total of $600,000. If you work out the math, that's approximately a cost of $307.69 per sqft. Before that, the property was also sold for $149,000 in Apr 3, 2009. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,588 in taxes each year. 7032 East Cypress Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $52,230. If we break it down further, the land itself was valued at $10,440. Improvements to the property, however, were assessed at a total of $41,790. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,285
  • Total Building Area: 1,950
  • Gross Building Area: 1,950
  • Building Area: 1,950
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PAPAGO PARADISE UNIT 1
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PAPAGO PARADISE UNIT 1 MCR 62/40

Ownership

  • Current Owner : GREY DERECK NATHANIEL
  • Previous Owner : URREA CHARLES E
  • Previous Owner 2: URREA JENA D
  • Owner Before Previous Owner: MCCURDY LINDA P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 218000

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: 6240
  • Parcel: 129-06-013
  • Lot: 13
  • Meridian: SEC 34 TWN 2N RNG 4E
  • Municipality: SCOTTSDALE
  • Latitude: 33.4725
  • Longitude: -111.929

    Address

  • Full Address: 7032 E Cypress St
  • Address - House Number: 7032
  • Street Direction: E
  • Address - Street Name: Cypress
  • Address - Suffix Type: St
  • State: AZ
  • City Name: Scottsdale
  • Carrier Code: C045
  • 4-Digit Zip Code: 2707
  • Zip Code: 85257

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,588
  • Tax Rate Code Area: 481400

    Appraisal Valuation

  • Standard Deviation: 0.1479
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 696,662
  • High Value: 799,730
  • Low Value: 593,595

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $540,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 05, 2021
  • First Open Lien Mortgage Loan Amount: $540,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $522,300
  • Market Land Value: $104,400
  • Market Improvement Value: $417,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,230
  • Assessed Land Value: $10,440
  • Assessed Improvements Value: $41,790

    Sales

  • Current Sale Contract Date: Oct 28, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Transaction ID: 11864363880
  • Current Sale Price: $600,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211191658
  • Previous Sale Recording Date: Apr 24, 2009
  • Previous Sale Contract Date: Apr 03, 2009
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 05, 2021
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PRIMELENDING
  • Previous Mortgage Transaction Date: Apr 24, 2009
  • Previous Mortgage Loan Amount: $146,301
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2039

About South Scottsdale



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7032 East Cypress Street located in?
The 7032 East Cypress Street is a located in the neighborhood of Papago Paradise in South Scottsdale, Scottsdale.
What is the average sales price for listings in 7032 East Cypress Street?
The average sales price for units in 7032 East Cypress Street is $0 currently.

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