$1,250,000
SOLD SEP 9, 2024

3114 N 68th St Scottsdale, AZ 85251

South Scottsdale Neighborhood
-- Bed
-- Bath
1,440 Sq Ft
8,451 Sq Ft Lot

Recently Sold

$868 Per Sq Ft

7% Below List Price

199 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heating Available
  • Tavan Elementary School Rated A
  • Vinyl Flooring

About This Home

As of September 2024

MULTIPLE INVESTMENT OPTIONS: There is a tenant who is willing to sign a MASTER LEASE for $10K/MONTH for 1 year and will cover cable and electric, OR Seller is working with Airbnb super host who is managing short term rentals for a percentage, OR Buyer can rent them out as individual units. COMPLETELY remodeled from the studs up! NEW Roof, NEW HVAC, NEW electrical w/ panels, NEW plumbing, NEW fire sprinkler system. 3 2-bedroom/1 bath units and 1 1-bedroom/1bath unit. All units have all NEW flooring, finishes, doors and appliances, including stacked washer & dryer. Beautiful finishes including luxury vinyl plank flooring, white shaker cabinets, quartz counters, double sinks in the bathrooms, subway tile in kitchens and showers. All units have private patios. Near Old Town Scottsdale. Wonderful opportunity to own an investment property in Scottsdale. This one is ready for long term or vacation rental!

Last Agent to Sell the Property

Kelly Wight

Sundance Properties License #BR538833000 Listed on: 01/23/2024

Last Buyer's Agent

Peter Hall

Compass License #SA669843000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,308

Year Built

  • Built in 1958

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • 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

  • Operating Expense $1,308

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,308

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Thomas Rd. and 68th Street
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2023
  • Directions: Head north on 68th St. Property is on the West side of 68th St, just south of Earl. Park and access property by heading West on Earl and make 1st left into alley behind the property.
  • Road Surface Type: Asphalt
  • Subdivision Name: HOLIDAY PARK 2
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: BI Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: See Remarks, Painted, Stucco
  • Roof: Composition
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • 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

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Fire Sprinklers2: Yes

Schools

  • Junior High Dist: Scottsdale Unified District

Lot Info

  • Lot Size: 108' x 78'
  • Additional Parcels: No
  • Parcel #: 130-47-046

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 1308.0

Tax Info

  • Tax Annual Amount: 1308.0
  • Tax Book Number: 130.00
  • Tax Lot: 2

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%
Views
28
Current Estimated Value
$1,253,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,326
Avg. Annual Appreciation
0.26%
Original Mortgage
$875,000
Outstanding Balance
$866,525
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$386,801

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
Source: Public Records

Range of Values:

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Average Value
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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 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

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 $1,319 $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

  • Kelly Wight

    Seller's Agent in 2024

    Kelly Wight

    Sundance Properties

    (480) 650-6437

    2 in this area

    28 Total Sales

    Kelly Wight
    Section Image
  • Peter Hall

    Buyer's Agent in 2024

    Peter Hall

    Compass

    (415) 261-8608

    14 in this area

    37 Total Sales

    Peter Hall
    Section Image
  • Ben Arredondo

    Seller's Agent in 2023

    Ben Arredondo

    My Home Group Real Estate

    (480) 206-7077

    6 in this area

    493 Total Sales

    Ben Arredondo
    Section Image
  • James Roberts

    Seller Co-Listing Agent in 2023

    James Roberts

    My Home Group

    (480) 227-4141

    3 in this area

    16 Total Sales

    James Roberts
    Section Image
  • Edson Salas

    Buyer's Agent in 2023

    Edson Salas

    ES Realty

    (602) 319-0985

    2 in this area

    81 Total Sales

    Edson Salas
    Section Image
  • Ted Knoell

    Seller's Agent in 2016

    Ted Knoell

    Realty Economic Advisors, LLC

    (602) 717-7868

    5 Total Sales

    Ted Knoell
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6654158

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-47-046

Arizona Maricopa County Scottsdale 85251 South Scottsdale

3114 N 68th St, Scottsdale, AZ

This home is located at 3114 N 68th St, Scottsdale, AZ 85251 and is currently priced at $1,250,000, approximately $868 per square foot. This property was built in 1958. 3114 N 68th St is a home located in Maricopa County with nearby schools including Tavan Elementary School, Ingleside Middle School, and Arcadia High 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

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