NOT LISTED FOR SALE

Estimated Value: $607,480 - $858,000

1 Bed
-- Bath
1,700 Sq Ft
$429/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $342,000 $201 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,962/month

2 Days on Market

About This Home

As of October 2017

Charming triplex in the heart of Scottsdale!! One 2bd/2ba & two 1bd/1ba units have all been well maintained & have had rehab work done. Each unit has its own driveway and tile throughout. Extremely close to Old Town, Scottsdale Trolley stop literally steps away. One of the hottest pockets in Scottsdale as several recently completed/approved development projects are on 70th Street and the surrounding area.

Last Agent to Sell the Property

Doug Cox

HomeSmart License #SA662406000 Listed on: 08/22/2017

HomeSmart

Last Buyer's Agent

Amir Dorn

HomeSmart License #BR637991000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $951

Year Built

  • Built in 1956

Lot Details

  • 8,189

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 34
  • Assessor Parcel Number 130-15-042

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8194 sq.ft.
  • Western Villa Subdivision

Building Details

  • Operating Expense $3,503
  • Gross Income $22,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$951

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: SCOTTSDALE ROAD & THOMAS
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1956
  • Tax Year: 2016
  • Directions: WEST TO 70TH STREET, NORTH TO PROPERTY. (PLEASE DO NOT DISTURB THE TENANTS)
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: WESTERN VILLA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1832.0

Schools

  • Junior High Dist: Scottsdale Unified District

Lot Info

  • Lot Size: 8194 sq.ft.
  • Additional Parcels: No
  • Parcel #: 130-15-042

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 22140.0
  • Annual Operating Expense: 3503.0

Tax Info

  • Tax Annual Amount: 951.0
  • Tax Book Number: 130.00
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
Grassi Natalie M
Bought by
Grassi Natalie M and Sanchez Paul
Current Estimated Value
$730,120

Purchase Details

Listed on
Aug 22, 2017
Closed on
Sep 29, 2017
Sold by
Cox Doug H
Bought by
Grassi Natalie M
Seller's Agent
Doug Cox
HomeSmart
Buyer's Agent
Amir Dorn
HomeSmart
List Price
$345,000
Sold Price
$342,000
Premium/Discount to List
-$3,000
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$272,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2003
Sold by
Cox Angela
Bought by
Cox Doug H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2001
Sold by
Huff Gail G and English Gail
Bought by
Cox Doug H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,644
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1994
Sold by
Crawford James Alexander
Bought by
Spooner Joann M

Purchase Details

Closed on
Dec 23, 1993
Sold by
Landers E James and Landers Rosalie
Bought by
Landers David M and Landers Nancy L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Grassi Natalie M -- None Listed On Document
Grassi Natalie M $342,000 Prestige Title & Escrow Agen
Cox Doug H -- Fidelity National Title
Cox Doug H $169,000 Fidelity National Title
Spooner Joann M $51,000 Chicago Title Insurance Co
Landers David M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grassi Natalie M $272,000
Previous Owner Cox Doug H $146,250
Previous Owner Cox Doug H $166,644
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2017 10/03/17 Sold $342,000 -0.9% $201 / Sq Ft
08/22/2017 08/22/17 For Sale $345,000 -- $203 / 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 $1,089 $15,956 -- --
2024 $1,074 $15,196 -- --
2023 $1,074 $48,820 $9,760 $39,060
2022 $1,022 $33,730 $6,740 $26,990
2021 $1,086 $30,330 $6,060 $24,270
2020 $1,077 $25,650 $5,130 $20,520
2019 $1,045 $22,250 $4,450 $17,800
2018 $1,011 $19,850 $3,970 $15,880
2017 $968 $17,200 $3,440 $13,760
2016 $951 $15,080 $3,010 $12,070
2015 $906 $11,900 $2,380 $9,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5649835

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-15-042