NOT LISTED FOR SALE

Estimated Value: $763,000 - $1,209,000

1 Bed
4 Baths
1,500 Sq Ft
$696/Sq Ft Est. Value

Last Sold September 12, 2017

Last sale price $394,570 $263 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $5,649/month

1 Day on Market

Highlights

  • Community Barbecue Grill
  • Central Heating and Cooling System
  • Concrete Flooring
  • Tavan Elementary School Rated A

About This Home

As of September 2017

SCOTTSDALE 4 PLEX!!! Perfect set up of a L shaped building with a one bedroom with a private backyard and then the other one bedroom and 2 more two bedroom units share the rest of the L shape. Very spacious units with mostly all being all tile. Long term tenants in place with room for rent increase. Owner has own storage unit for tools and maint. items. 4 plex sits on almost 11,000 sq ft lot with plenty of parking on the street as well as 4 spaces in the back of the building.

Last Agent to Sell the Property

Lisa Eagan

Leagan Realty, LLC License #BR537622000 Listed on: 08/07/2017

Last Buyer's Agent

Stacie Neumann

Russ Lyon Sotheby's International Realty License #SA501702000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,110

Year Built

  • Built in 1958

Lot Details

  • 10,672

Home Design

  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 79
  • Assessor Parcel Number 130-47-122

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Holiday Park Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $6,018
  • Gross Income $30,500
  • Net Operating Income $24,482

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,110

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 67TH PLACE & CHEERLYNN ROAD
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 1958
  • Tax Year: 2016
  • Directions: From Thomas, go North on 68th Street to Cheerylynn turn left(west) to 67th Place and the property is on the Northeast corner of 67th & Cheerylynn.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Subdivision Name: Holiday Park
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • 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:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Barbecue, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Community Amenities:Barbecue: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Fee Information

  • Annual Water Sewer Expense: 3060.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 130-47-122

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 684.0
  • Annual Gross Income: 30500.0
  • Insurance Expense: 1164.0
  • Property Net Operating Income: 24482.0
  • Annual Operating Expense: 6018.0

Tax Info

  • Tax Annual Amount: 1110.0
  • Tax Book Number: 130.00
  • Tax Lot: 79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2018
Sold by
Jaimes Jason
Bought by
Jaimes Jason
Current Estimated Value
$1,044,464

Purchase Details

Listed on
Aug 7, 2017
Closed on
Aug 9, 2017
Sold by
Giorgi August L and Giorgi Maryann
Bought by
Jaimes Jason
Seller's Agent
Lisa Eagan
Leagan Realty, LLC
Buyer's Agent
Stacie Neumann
Russ Lyon Sotheby's International Realty
Sold Price
$394,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%
Original Mortgage
$387,423
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2016
Sold by
Topaz Properties Llc
Bought by
Giorgi August L and Giorgi Maryann

Purchase Details

Closed on
Feb 23, 2010
Sold by
Giorgi August L and Giorgi Maryann
Bought by
Topaz Properties Llc

Purchase Details

Closed on
Apr 27, 2004
Sold by
Greig Kenneth L and Greig Carolie B
Bought by
Giorgi August L and Giorgi Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2003
Sold by
Greig Kenneth L and Greig Carolie
Bought by
Greig Kenneth L and Greig Carolie B

Purchase Details

Closed on
Apr 22, 2002
Sold by
Fletcher Stephen M and Fletcher Irene F
Bought by
Greig Kenneth L and Greig Carolie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 1996
Sold by
Fletcher Stephen M and Fletcher Irene F
Bought by
Fletcher Stephen M and Fletcher Irene M

Purchase Details

Closed on
Oct 21, 1996
Sold by
Fletcher Stephen M and Fletcher Irene F
Bought by
Fletcher Stephen M and Fletcher Irene F
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
Jaimes Jason -- None Available
Jaimes Jason $394,570 First American Title Insuran
Giorgi August L -- None Available
Topaz Properties Llc -- None Available
Giorgi August L $232,500 Ticor Title Agency Of Az Inc
Greig Kenneth L -- --
Greig Kenneth L $17,000 Chicago Title Insurance Co
Fletcher Stephen M -- --
Fletcher Stephen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaimes Jason $387,423
Previous Owner Giorgi August L $186,000
Previous Owner Greig Kenneth L $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2017 09/12/17 Sold $394,570 -- $263 / 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 $1,327 $19,109 -- --
2024 $1,316 $18,199 -- --
2023 $1,316 $68,960 $13,790 $55,170
2022 $1,182 $48,720 $9,740 $38,980
2021 $1,264 $41,050 $8,210 $32,840
2020 $1,253 $34,310 $6,860 $27,450
2019 $1,221 $27,050 $5,410 $21,640
2018 $1,181 $24,430 $4,880 $19,550
2017 $1,130 $22,810 $4,560 $18,250
2016 $1,110 $20,500 $4,100 $16,400
2015 $1,058 $18,920 $3,780 $15,140
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5643278

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-47-122