3114 N 68th St Scottsdale, AZ 85251
South Scottsdale Neighborhood
--
Bed
--
Bath
1,440
Sq Ft
8,451
Sq Ft Lot
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating System Uses Natural Gas
- Tavan Elementary School Rated A
- Ceiling Fan
About This Home
As of September 2024100% Occupied 4-Plex with great marketing window along 68th Street. ALSO, 100% occupied 4-plex next door to SOUTH is For Sale by same owner (also on MLS at 3108 N. 68th St.) with opportunity to magnify economy of scale. The building features concrete block with secluded courtyard and Good unit mix - (3) 2BR units and (1) 1BR unit, each unit with a patio off the living area. Rehab completed in 2011 (new kitchen counters, refinished cabinets, remodeled baths, new int. & ext. paint, full ceramic tile flooring, new appliance fixtures, etc.). Add coin Laundry (plumbed) for additional rental income. FREE resident transportation in Downtown Scottsdale & portions of Tempe (ASU & Mill Ave.) via Scottsdale Trolley & Tempe Orbit. All facts and figures are approximate and are to be verified by buyer.
Last Agent to Sell the Property
Realty Economic Advisors, LLC License #BR577091000 Listed on: 02/29/2016
Co-Listed By
Rebecca Knoell
Knoell Homes Realty License #SA648361000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,101
Year Built
- Built in 1958
Lot Details
- Property fronts an alley
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Paved Parking
Schools
- Hopi Elementary School
- Ingleside Middle School
- Arcadia High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Heat Pump System
- Master Water Meter
Listing and Financial Details
- Tenant pays for gas, electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 2
- Assessor Parcel Number 130-47-046
Community Details
Overview
- 4 Units
- Building Dimensions are 108' x 78'
- Holiday Park 2 Subdivision
Building Details
- Net Operating Income $23,510
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2024
Closed on
Aug 27, 2024
Sold by
3114 N 68Th Llc
Bought by
Ras Bagai Properties Llc
Seller's Agent
Kelly Wight
Sundance Properties
Buyer's Agent
Peter Hall
Compass
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%
Total Days on Market
8
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,288
Avg. Annual Appreciation
-0.95%
Original Mortgage
$875,000
Outstanding Balance
$869,668
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$369,806
Purchase Details
Listed on
Aug 12, 2022
Closed on
Apr 19, 2023
Sold by
Switzer Ralph V
Bought by
3114 N 68Th Llc
Seller's Agent
Ben Arredondo
My Home Group Real Estate
Buyer's Agent
Edson Salas
ES Realty
List Price
$850,000
Sold Price
$735,000
Premium/Discount to List
-$115,000
-13.53%
Views
558
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.53%
Original Mortgage
$890,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 29, 2016
Closed on
Mar 30, 2016
Sold by
Mediterranean Avenue I Llc
Bought by
Switzer Ralph V
Seller's Agent
Ted Knoell
Realty Economic Advisors, LLC
Buyer's Agent
James Roberts
My Home Group Real Estate
List Price
$269,900
Sold Price
$282,000
Premium/Discount to List
$12,100
4.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.62%
Original Mortgage
$206,250
Interest Rate
3.73%
Mortgage Type
Commercial
Purchase Details
Listed on
Feb 29, 2016
Closed on
Mar 14, 2016
Sold by
Mori Switzer Marielle and Switzer Ralph V
Bought by
Switzer Ralph V and Mori Switzer Marielle
Seller's Agent
Ted Knoell
Realty Economic Advisors, LLC
Buyer's Agent
James Roberts
My Home Group Real Estate
List Price
$269,900
Sold Price
$282,000
Premium/Discount to List
$12,100
4.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.73%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 29, 2011
Sold by
Knoell Thomas E
Bought by
Mediterraneanavenue I Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
4.54%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 17, 2011
Sold by
Knoell Maura M
Bought by
Knoell Thomas E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 3, 2011
Sold by
Butorvich John and Butorovich Kristen A
Bought by
Federal National Mortgage Association
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 25, 2008
Sold by
Butorovich John E and Butorovich Kristen A
Bought by
Jbk Properties Llc
Purchase Details
Closed on
May 3, 2005
Sold by
Underwalden Properties Llc
Bought by
Butorovich John and Butorovich Kristen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.02%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 18, 2003
Sold by
Gallagher Keith and Gallagher Lisa
Bought by
Unterwalden Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 30, 2002
Sold by
Gallagher Keith
Bought by
Unterwalden Properties Llc
Purchase Details
Closed on
Aug 22, 2001
Sold by
Gallagher Lisa A
Bought by
Gallagher Keith I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
7.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 29, 1999
Sold by
Gustafson Jerome L and Gustafson Fermina C
Bought by
Gallagher Keith I and Gallagher Lisa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,800
Interest Rate
7.76%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 17, 1998
Sold by
Bassignan Gary and Bassignan Ruth A
Bought by
Gustafson Jerome L and Gustafson Fermina C
Purchase Details
Closed on
May 14, 1997
Sold by
Ward John P and Ward Joy M
Bought by
Bassignan Gary and Bassignan Ruth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
8.14%
Mortgage Type
Commercial
Similar Homes in Scottsdale, AZ
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,250,000 | Chicago Title Agency | |
| Special Warranty Deed | $735,000 | Arizona Title | |
| Warranty Deed | $282,000 | Fidelity Natl Title Agency I | |
| Interfamily Deed Transfer | -- | Fidelity Natl Title Agency I | |
| Warranty Deed | -- | North American Title Company | |
| Interfamily Deed Transfer | -- | North American Title Company | |
| Special Warranty Deed | $123,000 | North American Title Company | |
| Trustee Deed | $225,846 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $325,000 | Prescott Title Inc | |
| Quit Claim Deed | -- | Capital Title Agency Inc | |
| Quit Claim Deed | -- | Capital Title Agency Inc | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Security Title Agency | |
| Warranty Deed | $153,500 | Fidelity Title | |
| Warranty Deed | $134,000 | North American Title Agency | |
| Warranty Deed | $125,000 | North American Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $875,000 | New Conventional | |
| Previous Owner | $890,000 | New Conventional | |
| Previous Owner | $206,250 | Commercial | |
| Previous Owner | $206,250 | Commercial | |
| Previous Owner | $92,250 | Commercial | |
| Previous Owner | $92,250 | Purchase Money Mortgage | |
| Previous Owner | $260,000 | Commercial | |
| Previous Owner | $176,000 | Commercial | |
| Previous Owner | $172,800 | Commercial | |
| Previous Owner | $122,800 | Commercial | |
| Previous Owner | $87,500 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2024 09/09/24 | Sold | $1,250,000 | -7.4% | $868 / Sq Ft |
| 09/07/2024 09/07/24 | Price Changed | $1,350,000 | 0.0% | $938 / Sq Ft |
| 08/10/2024 08/10/24 | Pending | -- | -- | -- |
| 08/09/2024 08/09/24 | For Sale | $1,350,000 | 0.0% | $938 / Sq Ft |
| 08/04/2024 08/04/24 | Pending | -- | -- | -- |
| 07/18/2024 07/18/24 | Price Changed | $1,350,000 | 0.0% | $938 / Sq Ft |
| 07/18/2024 07/18/24 | For Sale | $1,350,000 | +8.0% | $938 / Sq Ft |
| 07/15/2024 07/15/24 | Off Market | $1,250,000 | -- | -- |
| 06/01/2024 06/01/24 | Price Changed | $1,395,000 | -6.7% | $969 / Sq Ft |
| 05/07/2024 05/07/24 | For Sale | $1,495,000 | +19.6% | $1,038 / Sq Ft |
| 05/07/2024 05/07/24 | Off Market | $1,250,000 | -- | -- |
| 04/25/2024 04/25/24 | Price Changed | $1,495,000 | -3.5% | $1,038 / Sq Ft |
| 04/05/2024 04/05/24 | Price Changed | $1,550,000 | -8.8% | $1,076 / Sq Ft |
| 01/23/2024 01/23/24 | For Sale | $1,700,000 | +131.3% | $1,181 / Sq Ft |
| 04/19/2023 04/19/23 | Sold | $735,000 | -13.5% | $510 / Sq Ft |
| 01/11/2023 01/11/23 | For Sale | $850,000 | 0.0% | $590 / Sq Ft |
| 01/11/2023 01/11/23 | Price Changed | $850,000 | 0.0% | $590 / Sq Ft |
| 10/05/2022 10/05/22 | For Sale | $850,000 | 0.0% | $590 / Sq Ft |
| 08/31/2022 08/31/22 | Pending | -- | -- | -- |
| 08/12/2022 08/12/22 | For Sale | $850,000 | +201.4% | $590 / Sq Ft |
| 04/13/2016 04/13/16 | Sold | $282,000 | +4.5% | $196 / Sq Ft |
| 03/08/2016 03/08/16 | Pending | -- | -- | -- |
| 02/29/2016 02/29/16 | For Sale | $269,900 | -- | $187 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,319 | $18,998 | -- | -- |
| 2024 | $1,308 | $18,093 | -- | -- |
| 2023 | $1,308 | $68,860 | $13,770 | $55,090 |
| 2022 | $1,234 | $48,620 | $9,720 | $38,900 |
| 2021 | $1,312 | $40,630 | $8,120 | $32,510 |
| 2020 | $1,301 | $34,000 | $6,800 | $27,200 |
| 2019 | $1,266 | $27,080 | $5,410 | $21,670 |
| 2018 | $1,221 | $24,500 | $4,900 | $19,600 |
| 2017 | $1,173 | $22,900 | $4,580 | $18,320 |
| 2016 | $1,153 | $20,400 | $4,080 | $16,320 |
| 2015 | $1,096 | $18,970 | $3,790 | $15,180 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2024
Kelly Wight
Sundance Properties
-
P
Buyer's Agent in 2024
Peter Hall
Compass
-
B
Seller's Agent in 2023
Ben Arredondo
My Home Group Real Estate
-
J
Seller Co-Listing Agent in 2023
James Roberts
My Home Group
-
E
Buyer's Agent in 2023
Edson Salas
ES Realty
-
T
Seller's Agent in 2016
Ted Knoell
Realty Economic Advisors, LLC
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5408418
APN: 130-47-046
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.
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
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