$1,170,000
SOLD DEC 6, 2024
-- Bed
-- Bath
3,555 Sq Ft
8,799 Sq Ft Lot

Recently Sold

$329 Per Sq Ft

2% Above List Price

72 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Individual Controls for Heating
  • Tavan Elementary School Rated A
  • Ceiling Fan

About This Home

As of December 2024

Rare unrenovated 4-plex in the center of Holiday Park with all 2 bd 1 bath units. All units come with private patio and 2 units offer large side yard. Additional amenities include 1 storage unit and a 2 car garage. Investors salivate at the prospect of owning properties that offer the massive upside this property does near the heart of Downtown Scottsdale! All units are occupied on month to month leases.

Last Agent to Sell the Property

Kyle Ingram

Marcus & Millichap License #SA711131000 Listed on: 08/19/2024

Last Buyer's Agent

Kyle Ingram

Marcus & Millichap License #SA711131000 Listed on: 08/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,249

Year Built

  • Built in 1958

Home Design

  • Block Exterior
  • Stone Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • On-Street Parking

Schools

  • Tavan Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Central Air
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 68
  • Assessor Parcel Number 130-47-112

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 8783
  • Holiday Park Subdivision

Building Details

  • Operating Expense $9,629
  • Gross Income $45,600
  • Net Operating Income $37,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,249

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 68th St & Osborn
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2023
  • Directions: Go west on Osborn to 66th Pl, turn left to go south and property is on your left hand side
  • Road Surface Type: Asphalt
  • Subdivision Name: HOLIDAY PARK
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stone, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Garage Details: Yes
  • Parking:Street Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Annual Water Sewer Expense: 5280.0

Schools

  • Elementary School: Tavan Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: 8783
  • Additional Parcels: No
  • Parcel #: 130-47-112

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 45600.0
  • Insurance Expense: 1900.0
  • Property Net Operating Income: 37220.0
  • Annual Operating Expense: 9629.0

Tax Info

  • Tax Annual Amount: 1249.0
  • Tax Book Number: 130.00
  • Tax Lot: 68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Dec 5, 2024
Sold by
Tinsley Larry and Tinsley Linda
Bought by
Carlile Shannon Camille
Seller's Agent
Kyle Ingram
Marcus & Millichap
Buyer's Agent
Kyle Ingram
Marcus & Millichap
List Price
$1,150,000
Sold Price
$1,170,000
Premium/Discount to List
$20,000
1.74%
Views
31
Current Estimated Value
$1,186,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,188
Avg. Annual Appreciation
1.68%

Purchase Details

Closed on
Jan 12, 2010
Sold by
Moodley Sagran Subramoncy
Bought by
Tinsley Larry and Tinsley Linda

Purchase Details

Closed on
May 17, 2006
Sold by
Moodley Krishnambal
Bought by
Moodley Sagran Subramoney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
6.52%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 2, 1976
Sold by
Nissman Michael I and Nissman Michele B
Bought by
Millett Stephen N and Millett Phemister W

Purchase Details

Closed on
May 9, 1973
Sold by
Harland William B and Harland Deanne L
Bought by
Keys Randall D and Keys Lynne J
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
Special Warranty Deed $1,170,000 Commonwealth Land Title
Special Warranty Deed $1,170,000 Commonwealth Land Title
Cash Sale Deed $161,000 Old Republic Title Agency
Interfamily Deed Transfer -- Guaranty Title Agency
Warranty Deed $385,000 Guaranty Title Agency
Warranty Deed -- Chicago Title Insurance Co
Joint Tenancy Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $38,500 Stand Alone Second
Previous Owner $308,000 Fannie Mae Freddie Mac
Previous Owner $121,628 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $1,170,000 +1.7% $329 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $1,150,000 -- $323 / 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 $1,260 $18,143 -- --
2024 $1,249 $17,279 -- --
2023 $1,249 $68,670 $13,730 $54,940
2022 $1,178 $46,920 $9,380 $37,540
2021 $1,253 $37,900 $7,580 $30,320
2020 $1,243 $31,910 $6,380 $25,530
2019 $1,209 $27,050 $5,410 $21,640
2018 $1,167 $24,580 $4,910 $19,670
2017 $1,120 $22,210 $4,440 $17,770
2016 $1,101 $19,170 $3,830 $15,340
2015 $1,047 $18,210 $3,640 $14,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6745855

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-47-112