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7131 East Berneil Lane

7131 East Berneil Lane, Paradise Valley, AZ 85253
Sold Feb 13, 2023
$3,075,000
$2,306,250 by Us Bank National Association
Mortgage Due Mar 01, 2053
Sold Feb 12, 2021
$1,975,000
$1,185,000 by Homeowners Financial Group Usa
Mortgage Due Mar 01, 2051
7131 East Berneil Lane in Paradise Valley, AZ was first built in 1995 and is 29 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 7131 East Berneil Lane has 5,466 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 41,658 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of tile. For those who need parking, there is a garage. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7131 East Berneil Lane was last sold in Feb 13, 2023 for $3,075,000. According to our calculations, that's $562.57 per sqft. Prior to that sales transaction, the property was sold for $1,975,000 in Feb 8, 2021. Current property owners are expected to pay $9,436 in taxes per year. The property on 7131 East Berneil Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $202,770. To break that down further, the land itself was valued at $40,550. While improvements to the property were assessed at a total of $162,220. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 41,658
  • Total Building Area: 5,466
  • Gross Building Area: 5,466
  • Building Area: 5,466
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 5,466
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CYPRESS CREEK ESTATES
  • Land Acres: 0.956
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CYPRESS CREEK ESTATES MCR 369-28

Ownership

  • Current Owner : AVRAHAM RAPHAEL J
  • Current Owner 2: AVRAHAM HADAR
  • Previous Owner : LOEN LIVING TRUST
  • Owner Before Previous Owner: TIERNEY GWENDOLYN D
  • Owner Before Previous Owner 2: TIERNEY JOHN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Scottsdale Unified District
  • Census Tract: 105003

Zoning

  • Zoning: R-43

Geography

  • Assessors Map Reference: 36928
  • Parcel: 175-61-145
  • Lot: 19
  • Meridian: SEC 27 TWN 3N RNG 4E
  • Municipality: PARADISE VALLEY
  • Latitude: 33.5706
  • Longitude: -111.927

    Address

  • Full Address: 7131 E Berneil Ln
  • Address - House Number: 7131
  • Street Direction: E
  • Address - Street Name: Berneil
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Paradise Valley
  • Carrier Code: C058
  • 4-Digit Zip Code: 1973
  • Zip Code: 85253

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,436
  • Tax Rate Code Area: 481100

    Appraisal Valuation

  • Standard Deviation: 0.1409
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 2,985,583
  • High Value: 3,406,498
  • Low Value: 2,564,667

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,306,250
  • First Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Feb 13, 2023
  • First Open Lien Mortgage Loan Amount: $2,306,250
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $2,027,700
  • Market Land Value: $405,500
  • Market Improvement Value: $1,622,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,770
  • Assessed Land Value: $40,550
  • Assessed Improvements Value: $162,220

    Sales

  • Current Sale Contract Date: Feb 13, 2023
  • Current Sale Recording Date: Feb 13, 2023
  • Current Sale Transaction ID: 11901967435
  • Current Sale Price: $3,075,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 71181
  • Previous Sale Recording Date: Feb 12, 2021
  • Previous Sale Contract Date: Feb 08, 2021
  • Previous Sale Amount: $1,975,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Feb 13, 2023
  • First Mortgage Loan Amount: $2,306,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: HOMEOWNERS FINANCIAL GROUP USA
  • Previous Mortgage Transaction Date: Feb 12, 2021
  • Previous Mortgage Loan Amount: $1,185,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2051

About Paradise Valley



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7131 East Berneil Lane located in?
The 7131 East Berneil Lane is a located in the neighborhood of Cypress Creek Estates in Paradise Valley, Paradise Valley.
What is the average sales price for listings in 7131 East Berneil Lane?
The average sales price for units in 7131 East Berneil Lane is $0 currently.

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