NOT LISTED FOR SALE

1021 N Scovel St Tempe, AZ 85281

North Tempe Neighborhood

Estimated Value: $434,000 - $560,000

2 Beds
-- Bath
1,144 Sq Ft
$426/Sq Ft Est. Value

Last Sold January 17, 2018

Last sale price $181,000 $158 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,684/month

162 Days on Market

About This Home

As of January 2018

Great location, close to ASU and downtown Scottsdale. Both units currently rented for $600 per month. Both tenants want to stay. One has been there for 4 years, the other 1 year. Both are on month to month leases. Tile floor in both units, fenced yard and workshop on property.

Last Agent to Sell the Property

Gary Love

US Preferred Realty Listed on: 07/26/2017

Last Buyer's Agent

Garrick O'Connell

Venture REI, LLC License #SA669902000

Venture REI, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $983

Year Built

  • Built in 1963

Lot Details

  • 7,492

Home Design

  • Foam Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water
  • Tax Lot 269
  • Assessor Parcel Number 132-13-118

Community Details

Overview

  • 2 Units
  • Building Dimensions are 60x126
  • North Tempe 3 Subdivision

Building Details

  • Operating Expense $2,783
  • Gross Income $14,400
  • Net Operating Income $11,617

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$983

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Rd and McKellips Rd.
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: 0325
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2016
  • Directions: S on Scottsdale, E on Curry, N on Scovel.
  • Road Surface Type: Treated, Sidewalk(s)
  • Subdivision Name: NORTH TEMPE 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Individual, Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1000.0

Lot Info

  • Lot Size: 60x126
  • Additional Parcels: No
  • Parcel #: 132-13-118

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0
  • Insurance Expense: 800.0
  • Property Net Operating Income: 11617.0
  • Annual Operating Expense: 2783.0

Tax Info

  • Tax Annual Amount: 983.0
  • Tax Book Number: 132.00
  • Tax Lot: 269

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2021
Sold by
Jfo Trust and Renae Bechthold Living Trust
Bought by
Scovel-Del Norte Llc
Total Days on Market
162
Current Estimated Value
$487,667

Purchase Details

Listed on
Jul 26, 2017
Closed on
Jan 5, 2018
Sold by
Leon Jonathan and Contreras Areceli
Bought by
Connell Jim O and Jfo Trust
Seller's Agent
Gary Love
US Preferred Realty
Buyer's Agent
Garrick O'Connell
Venture REI, LLC
List Price
$200,000
Sold Price
$181,000
Premium/Discount to List
-$19,000
-9.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%

Purchase Details

Closed on
Apr 4, 2011
Sold by
Fannie Mae
Bought by
Leon Jonathan and Contreras Areceli

Purchase Details

Closed on
Jan 4, 2011
Sold by
Valle Fabian
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 18, 2005
Sold by
Rivera Adolph and Rivera Nereyda
Bought by
Valle Fabian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,800
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 1994
Sold by
Gantt Jerry Lynn
Bought by
Rivera Adolph and Rivera Nereyda
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scovel-Del Norte Llc -- Pioneer Title
Connell Jim O $181,000 Pioneer Title Agency Inc
Leon Jonathan $59,000 Old Republic Title Agency
Federal National Mortgage Association $129,275 Great American Title
Valle Fabian $162,250 Chicago Title Insurance Co
Rivera Adolph $36,500 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valle Fabian $129,800
Closed Valle Fabian $32,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2018 01/17/18 Sold $181,000 -9.5% $158 / Sq Ft
12/29/2017 12/29/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $200,000 -- $175 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,153 $10,292 -- --
2024 $1,139 $9,802 -- --
2023 $1,139 $26,050 $5,210 $20,840
2022 $1,093 $21,210 $4,240 $16,970
2021 $1,100 $17,770 $3,550 $14,220
2020 $1,067 $15,460 $3,090 $12,370
2019 $1,046 $14,360 $2,870 $11,490
2018 $1,020 $10,980 $2,190 $8,790
2017 $990 $10,410 $2,080 $8,330
2016 $983 $8,480 $1,690 $6,790
2015 $944 $7,750 $1,550 $6,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gary Love

    US Preferred Realty

  • Garrick O'Connell

    Buyer's Agent in 2018

    Garrick O'Connell

    Venture REI, LLC

    (760) 505-2520

    1 in this area

    60 Total Sales

    Garrick O'Connell
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5637918

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-13-118

Arizona Maricopa County Tempe 85281 North Tempe

1021 N Scovel St, Tempe, AZ

This home is located at 1021 N Scovel St, Tempe, AZ 85281 since 26 July 2017 and is currently estimated at $487,667, approximately $426 per square foot. This property was built in 1963. 1021 N Scovel St is a home located in Maricopa County with nearby schools including Laird Elementary School, McClintock High School, and South Pointe Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes