7062 E BELMONT Avenue, Paradise Valley, AZ 85253

$4,250,000
Property Type: Residential Bedrooms: 4 Baths: 4.5 Square Footage: 4,302 Lot Size (sq. ft.): 23,393 Status: Closed
Current Price: $4,250,000 List Date: 2/16/2024 Last Modified: 5/18/2025

Description

MDF Development and designer Lauren Wallace have recently completed this incredible remodel within the highly sought after guard gated community of Cheney Estates in luxurious Paradise Valley. What makes Cheney Estates so coveted is among all the 1 and 2 acre larger estates in Paradise Valley, Cheney Estates is the rare blend of a ''right size lot'' with the ''right size house''. The interiors effortlessly blend timeless elegance with cutting edge design. The dream kitchen is a focal point, featuring an expansive island with top-of-the-line Sub-Zero/Wolf appliances adorned with Monte Blanc quartzite countertops. The brick accents give the kitchen an elegant charm and texture. Recently completed pool and landscape create the Arizona's indoor/outdoor living experience everyone desires.

More Information MLS# 6665171

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No Sold Price: $4,250,000 Status: Closed Current Price: $4,250,000 List Date: 2024-02-16

Location, Tax & Legal

Assessor's Map #: 40 Legal Description (Abbrev): LOT 62 CHENEY ESTATES LOT 1-72 TR A-C D1 D2 E,F MCR 035220 Assessor's Parcel #: 63 Tax Municipality: Paradise Valley Taxes: 8405 House Number: 7062 Compass: E Street Name: BELMONT St Suffix: Avenue City/Town Code: Paradise Valley State/Province: AZ Zip Code: 85253 Zip4: 3197 County Code: Maricopa Assessor Number: 174-40-063 Subdivision: CHENEY ESTATES LOT 1-72 TR A-C D1 D2 E,F Tax Year: 2023

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Approx SQFT: 4302 Price/SqFt: 987.91 Approx Lot SqFt: 23393 Approx Lot Acres: 0.537 Horses: N Builder Name: MDF Development Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District Elementary School: Kiva Elementary School Jr. High School: Mohave Middle School Community Pool Y/N: No Private Pool Y/N: Yes Fireplace YN: Yes Fireplaces Total: 2 Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 4 Total Bathrooms: 4.5 Year Built: 1994

Legal Info

Range: 4E Section: 3 Township: 2N Lot Number: 62

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Tile: 1

Pmt & Rate Info

Down Payment: 0 Total Asum Mnth Pmts: 0

Association & Fees

HOA Y/N: Y HOA Disclosure/Addendum Affirmation: Yes HOA Transfer Fee: 150 HOA Fee: 1815 HOA Paid Frequency: Quarterly HOA Name: Cheney Estates HOA Telephone: 480-941-1077 Special Assessment HOA: No HOA 2 Y/N: N PAD Fee Y/N: N PAD Fee: 0 Cap Improvement/Impact Fee: 0.05 Cap Improvement/Impact Fee $/%: % Prepaid Association Fees HOA: 0 Disclosure Fees HOA: 120 Other Fees HOA: 0 Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 605

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Master Bathroom

Full Bth Master Bdrm: 1 Separate Shwr & Tub: 1 Double Vanity: 1 Private Toilet Room: 1

Master Bedroom

Split: 1

Additional Bedroom

Separate Bedroom Exit: 1 Master Bedroom Walk-in Closet: 1

Fireplace Features

Fireplace Family Rm: 1 Fireplace Living Rm: 1

Flooring

Tile: 1 Wood: 1

Window Features

Dual Pane: 1

Private Pool Features

Heated: 1

Community Features

Comm Tennis Court(s): 1 Gated: 1 Guarded Entry: 1 On-Site Guard: 1

Dining Area

Formal: 1 Eat-in Kitchen: 1

Heating

Natural Gas: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Gas Oven: 1 Gas Range: 1 Kitchen Island: 1 Pantry: 1 Refrigerator: 1 Walk-in Pantry: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Interior Features

9+ Flat Ceilings: 1 Wet Bar: 1 Furnished(See Rmrks): 1

Laundry

Inside: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Fencing

Block: 1

Water Source

City Water: 1

Exterior Features

Built-in BBQ: 1 Covered Patio(s): 1 Pvt Yrd(s)/Crtyrd(s): 1

Spa

Private: 1 Heated: 1

Sewer

Sewer - Public: 1 Sewer-In & Connected: 1

Parking Spaces

Slab Parking Spaces: 3 Total Covered Spaces: 3 Garage Spaces: 3

Parking Features

Circular Driveway: 1

New Financing

Cash: 1 Conventional: 1

Utilities

SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Property Description

Cul-De-Sac Lot: 1 Corner Lot: 1 North/South Exposure: 1

Landscaping

Yrd Wtring Sys Front: 1 Yrd Wtring Sys Back: 1 Auto Timer H2O Front: 1 Auto Timer H2O Back: 1

Disclosures

Agency Discl Req: 1

Possession

By Agreement: 1 Close of Escrow: 1

Association Fee Incl

Garbage Collection: 1 Street Maint: 1

Assoc Rules/Info

Prof Managed: 1

Sold Info

Loan Type: Conventional Loan Years: 30 Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Cheney & Scottsdale Rd Directions: From Scottsdale Rd, Turn West on Cheney Drive and then make the first right into Cheney Estates. Guard will give directions. Geo Lat: 33.549937 Geo Lon: -111.929301

Status Change Info

Off Market Date: 2024-03-15 Under Contract Date: 2024-02-17 Close of Escrow Date: 2024-03-15 Sold Price: $4,250,000

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Split Additional Bedroom: Separate Bedroom Exit; Master Bedroom Walk-in Closet Fireplace Features: Fireplace Family Rm; Fireplace Living Rm Flooring: Tile; Wood Window Features: Dual Pane Private Pool Features: Heated Spa: Private; Heated Community Features: Comm Tennis Court(s); Gated; Guarded Entry; On-Site Guard Dining Area: Formal; Eat-in Kitchen Kitchen Features: Gas Oven; Gas Range; Disposal; Dishwasher; Refrigerator; Pantry; Walk-in Pantry; Kitchen Island Laundry: Inside Other Rooms: Family Room Interior Features: 9+ Flat Ceilings; Wet Bar; Furnished(See Rmrks) Exterior Features: Built-in BBQ; Covered Patio(s); Pvt Yrd(s)/Crtyrd(s) Parking Features: Circular Driveway Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air; Ceiling Fan(s) Heating: Natural Gas Utilities: SW Gas Water Source: City Water Sewer: Sewer - Public; Sewer-In & Connected Fencing: Block Property Description: Cul-De-Sac Lot; Corner Lot; North/South Exposure Landscaping: Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Possession: By Agreement; Close of Escrow Association Fee Incl: Garbage Collection; Street Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Agency Discl Req
Listing Office: Compass
IDX
Last Updated: May - 18 - 2025
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