NOT LISTED FOR SALE

1652 N 87th St Scottsdale, AZ 85257

South Scottsdale Neighborhood

Estimated Value: $704,000 - $840,344

-- Bed
-- Bath
2,052 Sq Ft
$370/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $767,000 $374 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,096/month

3 Days on Market

Highlights

  • 4 Car Attached Garage
  • Multiple cooling system units
  • Ceiling Fan
  • Hohokam Traditional School Rated A
  • Ceramic Tile Flooring
  • Multiple Heating Units

About This Home

As of June 2022

Spectacular investment property, beautifully updated. 2 units both 2 bedroom 2 bath 2 car garage! Great earning property. Close to old town Scottsdale, freeway, shopping , civic center, restaurants, golfing and so much more.
Units are constantly booked as short term rental. No HOA,

Last Agent to Sell the Property

Joseph Scarpignato

Phoenician Properties Realty Brokerage Phone: 602-317-3200 License #BR115991000 Listed on: 05/06/2022

Last Buyer's Agent

Michelle Kozak

Keller Williams Realty Phoenix License #SA680967000

Keller Williams Realty Phoenix

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1963

Lot Details

  • 6,708

Parking

  • 4 Car Attached Garage

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Schools

  • Hohokam Elementary School
  • Mohave Middle School
  • Coronado High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for water, landscaping
  • Tax Lot 1038
  • Assessor Parcel Number 131-46-092

Community Details

Overview

  • 2 Units
  • Building Dimensions are 0.15acres / 6,710 sq. ft.
  • Cox Heights 7 Subdivision

Building Details

  • Operating Expense $1,165
  • Gross Income $79,200
  • Net Operating Income $64,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,165

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 101 and McDowell
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-2, R-7
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: COX HEIGHTS 7
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Attached
  • Attached Garage: Yes
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Garage Details: Yes
  • Parking:Attached: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Ceiling Fan(s), Electric, 2 or More Units
  • Heating: Individual, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Hohokam Elementary School
  • High School: Coronado High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: 0.15acres / 6,710 sq. ft.
  • Additional Parcels: No
  • Parcel #: 131-46-092

Multi Family

  • Owner Pays: Water, Landscaping
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Gross Income: 79200.0
  • Property Net Operating Income: 64463.0
  • Annual Operating Expense: 1165.0

Tax Info

  • Tax Annual Amount: 1165.0
  • Tax Book Number: 131.00
  • Tax Lot: 1038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
May 10, 2022
Sold by
Jayme Beaupied
Bought by
Fichera Francesco and Fichera Gabriela
Seller's Agent
Joseph Scarpignato
Phoenician Properties Realty
Buyer's Agent
Michelle Kozak
Keller Williams Realty Phoenix
List Price
$750,000
Sold Price
$767,000
Premium/Discount to List
$17,000
2.27%
Current Estimated Value
$759,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,664
Avg. Annual Appreciation
-0.30%
Original Mortgage
$575,250
Outstanding Balance
$546,573
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$212,763

Purchase Details

Closed on
Mar 28, 2021
Sold by
Verlardi Michael and Verlardi Karen
Bought by
Beaupied Jayme and Payan Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2016
Closed on
Sep 1, 2016
Sold by
Verlardi Michael and Verlardi Karen
Bought by
Verlardi Michael and Verlardi Karen
Seller's Agent
Julie Rickli
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Sam Farris
Realty ONE Group
List Price
$269,000
Sold Price
$261,000
Premium/Discount to List
-$8,000
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%
Original Mortgage
$195,750
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2006
Sold by
Dolan Judi
Bought by
Dolan Judith M and 2001 Judith M Dolan Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2006
Sold by
Rider Beth M
Bought by
Dolan Judi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2004
Sold by
Rider Steven J
Bought by
Rider Beth M

Purchase Details

Closed on
Jan 8, 2002
Sold by
Rider Beth M
Bought by
Rider Steven J

Purchase Details

Closed on
Jan 7, 2002
Sold by
Nowak Kenneth D and Estate Of Irvin Nowak
Bought by
Rider Steven J
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
Fichera Francesco $767,000 First American Title
Beaupied Jayme $525,000 Empire West Title Agency Llc
Verlardi Michael -- Accommodation
Verlardi Michael $261,000 Magnus Title Agency
Dolan Judith M -- First American Title Ins Co
Dolan Judi $339,900 First American Title Ins Co
Rider Beth M -- --
Rider Steven J -- Equity Title Agency Inc
Rider Steven J $139,900 Equity Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fichera Francesco $575,250
Previous Owner Beaupied Jayme $446,250
Previous Owner Verlardi Michael $195,750
Previous Owner Dolan Judi $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2022 06/15/22 Sold $767,000 +2.3% $374 / Sq Ft
05/06/2022 05/06/22 For Sale $750,000 0.0% $365 / Sq Ft
11/01/2016 11/01/16 Rented $1,000 0.0% --
10/22/2016 10/22/16 For Rent $1,000 0.0% --
10/18/2016 10/18/16 Off Market $1,000 -- --
10/14/2016 10/14/16 For Rent $1,000 0.0% --
09/07/2016 09/07/16 Sold $261,000 -3.0% $127 / Sq Ft View Prior Sale
07/27/2016 07/27/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $269,000 0.0% $131 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $269,000 0.0% $131 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $269,000 0.0% $131 / Sq Ft
03/10/2012 03/10/12 Rented $850 -5.0% --
03/09/2012 03/09/12 Under Contract -- -- --
02/21/2012 02/21/12 For Rent $895 -- --
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 $1,224 $16,873 -- --
2024 $1,159 $16,069 -- --
2023 $1,159 $47,380 $9,470 $37,910
2022 $1,099 $33,820 $6,760 $27,060
2021 $1,165 $28,880 $5,770 $23,110
2020 $1,157 $27,710 $5,540 $22,170
2019 $1,124 $26,330 $5,260 $21,070
2018 $1,085 $23,970 $4,790 $19,180
2017 $1,027 $23,980 $4,790 $19,190
2016 $1,009 $17,810 $3,560 $14,250
2015 $959 $14,660 $2,930 $11,730
Source: Public Records

Agents Affiliated with this Home

  • Joseph Scarpignato

    Seller's Agent in 2022

    Joseph Scarpignato

    Phoenician Properties Realty

    (602) 317-3200

    6 in this area

    43 Total Sales

    Joseph Scarpignato
    Section Image
  • Michelle Kozak

    Buyer's Agent in 2022

    Michelle Kozak

    Keller Williams Realty Phoenix

    (480) 759-4300

    2 in this area

    105 Total Sales

    Michelle Kozak
    Section Image

  • L

    Seller's Agent in 2016

    Loretta Queen

    Realty One Group

    Section Image
  • Julie Rickli

    Seller's Agent in 2016

    Julie Rickli

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 620-4263

    1 in this area

    107 Total Sales

    Julie Rickli
    Section Image

  • S

    Seller Co-Listing Agent in 2016

    Sam Farris

    Realty One Group

    Section Image
  • Tiffany Carlson-Richison

    Buyer's Agent in 2016

    Tiffany Carlson-Richison

    Realty One Group

    (480) 215-1105

    7 in this area

    190 Total Sales

    Tiffany Carlson-Richison
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6395609

Arizona Regional Multiple Listing Service (ARMLS)

APN: 131-46-092

Arizona Maricopa County Scottsdale 85257 South Scottsdale

1652 N 87th St, Scottsdale, AZ

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