2 months on rocket

7228 N Red Ledge Dr, Paradise Valley, AZ, 85253

$5,500,000

4 Bedrooms
5 Baths
5,619 SqFt
$979/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDir Entry frm Garage, Electric Door Opener
Garage4 spaces
Year Built2020
HeatingNatural Gas
CoolingCeiling Fan(s)
Fireplace2 Fireplace, Exterior Fireplace, Family Room, Gas
ViewMountain(s)
MLS #6651116
Lot Size1.00 Acres
StatusActive

About 7228 N Red Ledge Dr

Timeless beauty with unbelievable mountain views. This elegant Clearwater Hills estate is a breath of fresh air with superb craftsmanship and impeccable design; showcasing gorgeous flooring, beautiful windows and Tabard tiles. Upon arrival, the Botanical Gardens inspired landscape greets you and creates a tranquil ambiance with winding pathway and trough water feature. This beautiful 4 bedroom home also features a dedicated office and guest tv room, along with stunning formal dining room that opens to the front patio area. The Oak and Limestone flooring gives the home an essence of rustic elegance. Calling all chefs, we've got the perfect kitchen for you with an oversized island, double Sub-Zero fridge and freezer, Wolf range, Asko dishwasher and a Butler's pantry.... with even more storage as well as both wine and beverage fridges. The primary suite is the ultimate sanctuary with stone fireplace, oversized shower, dual water closets, dual clothing closets and a bonus room, ideal for home gym or second office space. Enjoy the colorful Arizona sunsets from the covered patio space with fantastic outdoor kitchen and lovely mature landscape.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2020
  • Stories: 1
  • Living Area: 5,619 SqFt

Listing Office:

  • Office Name: Launch Powered By Compass
  • Office Phone: (480) 776-1555
  • Listing Agent: Christopher V Karas

Interior Features

Interior Information:

  • Flooring Type: Stone, Tile, Wood
  • Interior: Eat-in Kitchen, No Interior Steps, Kitchen Island, Double Vanity, Full Bth Master Bdrm, Separate Shwr & Tub, High Speed Internet
  • Fireplace: 2 Fireplace, Exterior Fireplace, Family Room, Gas

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)
  • Exterior: Covered Patio(s), Patio

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Dir Entry frm Garage, Electric Door Opener

Lot Features

Lot Information:

  • Lot: Desert Front
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Saguaro High School, Public District Grades 9-12
  • Scottsdale Online Learning, Public District Grades KG-12
  • Arcadia Neighborhood Learning Center, Public District Grades KG-8
  • Mohave Middle School, Public District Grades 6-8
  • Cheyenne Traditional Elementary School, Public District Grades KG-8
  • Kiva Elementary School, Public District Grades KG-6
  • Pueblo Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: North on Tatum to Clearwater Hills entrance. West at Guard Gate. West on Lakeside Ln, left and follow Lakeside to Red Ledge, turn right, then left in first driveway on the West side of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500,000
  • Price Per SqFt: $979/SqFt

HOA Fees:

  • Amount: $4500
  • Frequency: Annually

Tax Information:

  • Annual Amount: $14,416
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Paradise Valley, AZ.

Med. Sold Price

$3.0M

Med. Price/SqFt

$719

Avg. Days On Market

85

# of Sold Homes

30

7228 N Red Ledge Dr vs Paradise Valley

72 DAYS ON ROCKET

-13 Days

$5,500,000

+$2.4M More

$979/SqFt

+$260 More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price and $260/SqFt more than other homes in Paradise Valley, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6651116

Listing Office:

  • Office Name: Launch Powered By Compass
  • Office Phone: (480) 776-1555
  • Listing Agent: Christopher V Karas

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 6:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 26, 2018Home Sold
$850,000
Apr 17, 2012Home Sold
$800,000
Mar 10, 1988Home Sold
$325,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,416$257,610
2020$7,781$134,680
2019$7,480$89,110
2017$6,595$84,320

History based on county public records data.

Payment Calculator

$27.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1520725
7
/10
  • Kiva Elementary School

  • 6911 E Mcdonald Dr

  • 3.60 miles

  • Public District Grades KG-6

school-card-donut-1520726
8
/10
  • Pueblo Elementary School

  • 6320 N 82nd St

  • 4.93 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1520727
4
/10
  • Arcadia Neighborhood Learning Center

  • 4330 N 62nd St

  • 3.87 miles

  • Public District Grades KG-8

school-card-donut-1520728
7
/10
  • Mohave Middle School

  • 8490 E Jackrabbit Rd

  • 5.64 miles

  • Public District Grades 6-8

school-card-donut-1520729
9
/10
  • Cheyenne Traditional Elementary School

  • 13636 N 100th St

  • 8.57 miles

  • Public District Grades KG-8

High School

school-card-donut-1520730
6
/10
  • Saguaro High School

  • 6250 N 82nd St

  • 4.93 miles

  • Public District Grades 9-12

school-card-donut-1520731
3
/10
  • Scottsdale Online Learning

  • 7601 East Oak St

  • 5.38 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $200,655. Most Paradise Valley, AZ residents have annual incomes $200k+. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7228 N Red Ledge Dr

What is the listing price of this property?

The listing price of 7228 N Red Ledge Dr property is $5,500,000.

What type of property is this?

The property 7228 N Red Ledge Dr is a house located in Paradise Valley, Arizona, 85253.

Is this property for sale now?

Active Listing: 7228 N Red Ledge Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7228 N Red Ledge Dr are:
Kiva Elementary School: GreatSchools Rating 7/10
Pueblo Elementary School: GreatSchools Rating 8/10
Arcadia Neighborhood Learning Center: GreatSchools Rating 4/10
Mohave Middle School: GreatSchools Rating 7/10
Cheyenne Traditional Elementary School: GreatSchools Rating 9/10
Saguaro High School: GreatSchools Rating 6/10
Scottsdale Online Learning: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $14,416 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 26, 2018 for $850,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7228 N Red Ledge Dr has 4 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 7228 N Red Ledge Dr is 5,619 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7228 N Red Ledge Dr is 2020.
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Rocket Homes›Arizona›Maricopa County›Paradise Valley›85253›7228 N Red Ledge Dr

This home is located at 7228 N Red Ledge Dr in Paradise Valley, AZ and zip code 85253 in the Clearwater Hills neighborhood. This 5,619 square foot home, which was built in 2020, sits on a 1.00 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $5,500,000.

In March 2024 more than 2 listings in Paradise Valley, AZ were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 24 were sold below. Between February 2024 and March 2024, Paradise Valley, AZ real estate market has seen increase in the number of listings by 5.8%. The median list price of listings available in March 2024 was $3,047,500, while the average time on the real estate market was 85 days.

From Rocket Homes Real Estate and based on county public records data.

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