NOT LISTED FOR SALE

Estimated Value: $687,000 - $1,245,000

-- Bed
1 Bath
875 Sq Ft
$1,220/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $780,000 $891 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,768/month

Highlights

  • Central Air
  • Carpet
  • Heating System Uses Natural Gas
  • Tavan Elementary School Rated A

About This Home

As of February 2020

Well kept value add 4 plex short distance to everything Old Town has to offer! Sold pre market

Last Agent to Sell the Property

Jonathan Leaman

America One Luxury Real Estate License #SA648438000 Listed on: 10/15/2019

Co-Listed By

Jason Mitchell

Jason Mitchell Real Estate License #SA575892000

Last Buyer's Agent

Christopher Bole

Real Broker License #SA649224000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,251

Year Built

  • Built in 1959

Lot Details

  • 9,540

Home Design

  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Free Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 82
  • Assessor Parcel Number 130-47-125

Community Details

Overview

  • 4 Units
  • Building Dimensions are 88x109
  • Holiday Park Subdivision

Building Details

  • Operating Expense $1,251
  • Net Operating Income $36,768

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,251

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: THOMAS & 68TH ST
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: sf+triplex
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: myhg13
  • Co List Office Phone: 480-725-0127
  • Subdivision Name: HOLIDAY PARK
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free
  • 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
  • Parking:Free: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Scottsdale Unified District

Lot Info

  • Lot Size: 88x109
  • Additional Parcels: No
  • Parcel #: 130-47-125

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Property Net Operating Income: 36768.0
  • Annual Operating Expense: 1251.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1251.0
  • Tax Book Number: 130.00
  • Tax Lot: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Feb 4, 2020
Sold by
Prosise Randall
Bought by
Creed Leonard F and Leonard F Creed Living Trust
Seller's Agent
Jonathan Leaman
America One Luxury Real Estate
Buyer's Agent
Christopher Bole
Real Broker
List Price
$720,000
Sold Price
$780,000
Premium/Discount to List
$60,000
8.33%
Current Estimated Value
$1,067,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,375
Avg. Annual Appreciation
8.00%

Purchase Details

Listed on
Feb 16, 2018
Closed on
May 31, 2018
Sold by
Scottssdale 68 Ventures Llc
Bought by
Prosise Randall
Seller's Agent
Jason Rodgers
Visionary Properties
Buyer's Agent
Jonathan Leaman
America One Luxury Real Estate
List Price
$549,000
Sold Price
$480,000
Premium/Discount to List
-$69,000
-12.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.06%
Original Mortgage
$360,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2018
Closed on
May 30, 2018
Sold by
Gao Yuan and Prosise Randall
Bought by
Prosise Randall
Seller's Agent
Jason Rodgers
Visionary Properties
Buyer's Agent
Jonathan Leaman
America One Luxury Real Estate
List Price
$549,000
Sold Price
$480,000
Premium/Discount to List
-$69,000
-12.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2015
Sold by
Chucri Stephen D
Bought by
Scottsdale 68 Ventures Llc

Purchase Details

Closed on
Jul 13, 2015
Sold by
Chucri Christine G and Churcri Stephen D
Bought by
Chucri Stephen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2015
Sold by
Zia Vista Properties Llc
Bought by
Chucri Stephen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2007
Sold by
Quinn Brian and Quinn Jennifer
Bought by
Zia Vista 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
$189,000
Interest Rate
6.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 23, 2007
Sold by
Zia Vista Properties
Bought by
Quinn Brian and Quinn Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 13, 2004
Sold by
Quinn Brian and Quinn Jennifer
Bought by
Zia Vista Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,800
Interest Rate
4.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2004
Sold by
Zia Vista Properties
Bought by
Quinn Brian and Quinn Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,800
Interest Rate
4.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 2002
Sold by
Quinn Brian and Quinn Jennifer
Bought by
Zia Vista Properties Llc

Purchase Details

Closed on
Apr 4, 2002
Sold by
Krueger Stephen and Mcmillan Mary I
Bought by
Quinn Brian and Quinn Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 2000
Sold by
Eastwood Ronald D and Eastwood Joan M
Bought by
Krueger Stephen and Mcmillan Mary I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.53%
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 Buyer Sale Price Title Company
Creed Leonard F $780,000 Lawyers Title Of Arizona Inc
Prosise Randall $480,000 American Title Service Agenc
Prosise Randall -- American Title Service Agenc
Scottsdale 68 Ventures Llc -- Accommodation
Chucri Stephen D -- American Title Svc Agency Ll
Chucri Stephen D $569,000 American Title Svc Agency Ll
Zia Vista Properties Llc -- Magnus Title Agency
Quinn Brian -- None Available
Zia Vista Properties -- Guaranty Title Agency
Quinn Brian -- Guaranty Title Agency
Zia Vista Properties Llc -- Capital Title Agency
Quinn Brian $212,500 Capital Title Agency Inc
Krueger Stephen $170,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prosise Randall $360,000
Previous Owner Chucri Stephen D $549,000
Previous Owner Quinn Brian $171,800
Previous Owner Quinn Brian $170,000
Previous Owner Krueger Stephen $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $780,000 +8.3% $891 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $720,000 +50.0% $823 / Sq Ft
06/07/2018 06/07/18 Sold $480,000 -12.6% $549 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $549,000 -- $627 / 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 $1,304 $18,780 -- --
2024 $1,293 $17,885 -- --
2023 $1,293 $68,430 $13,680 $54,750
2022 $1,220 $48,380 $9,670 $38,710
2021 $1,297 $40,730 $8,140 $32,590
2020 $1,286 $34,160 $6,830 $27,330
2019 $1,251 $27,110 $5,420 $21,690
2018 $1,207 $24,470 $4,890 $19,580
2017 $1,160 $22,500 $4,500 $18,000
2016 $1,139 $20,130 $4,020 $16,110
2015 $1,084 $18,630 $3,720 $14,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5992065

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-47-125