NOT LISTED FOR SALE

Estimated Value: $748,138 - $1,164,000

-- Bed
-- Bath
2,747 Sq Ft
$369/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $450,000 $164 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $5,724/month

17 Days on Market

Highlights

  • Cooling Available
  • Tavan Elementary School Rated A
  • Heat Pump System

About This Home

As of September 2018

Great location on this Scottsdale fourplex with Frontage on Osborn. Great rental history with most tenants there for several years now. Three 2 bedroom units and One 1 bedroom. Entire building got new windows in 2017, 3 new AC units in 2015, Kitchen remodels in Unit 4 in 2016 and Unit 3 2017. New water main from street to building 2015.All units have a walled private courtyard, covered parking spot and storage unit. Shared coin-op laundry in storage building.

Last Agent to Sell the Property

Michael Flisakowski

West USA Realty License #SA634596000 Listed on: 07/14/2018

West USA Realty

Last Buyer's Agent

Aaron Carter

HomeSmart License #BR646960000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,323

Year Built

  • Built in 1971

Lot Details

  • 9,888

Home Design

  • Brick Exterior Construction

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 130-47-131

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are IRR
  • Las Viviendas Subdivision

Building Details

  • Operating Expense $8,223

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,323

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Osborn & 67th St
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 2
  • Year Built: 1971
  • Tax Year: 2017
  • Directions: Located on NW on 67th St and Osborn near Old Scottsdale.
  • Road Surface Type: Sidewalk(s)
  • Professional Management Expense: 3000.0
  • Subdivision Name: LAS VIVIENDAS
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Brick
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 130-47-131

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Operating Expense: 8223.0

Tax Info

  • Tax Annual Amount: 1323.0
  • Tax Book Number: 130.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2020
Sold by
2625 Indian School Llc
Bought by
Nest On Osborn Llc
Current Estimated Value
$1,014,035

Purchase Details

Listed on
Jul 14, 2018
Closed on
Aug 30, 2018
Sold by
Rg Mientje Enterprises Llc
Bought by
2625 Indian Shool Llc
Seller's Agent
Michael Flisakowski
West USA Realty
Buyer's Agent
Aaron Carter
HomeSmart
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.51%

Purchase Details

Listed on
May 23, 2013
Closed on
Jul 5, 2013
Sold by
Gasten Andrea
Bought by
Rg Mientje Enterprises Llc
Seller's Agent
Jardin Ratzken
Two Brothers Realty & Co
Buyer's Agent
Joseph Kaminsky
Keller Williams Arizona Realty
List Price
$230,000
Sold Price
$231,000
Premium/Discount to List
$1,000
0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%

Purchase Details

Listed on
May 23, 2013
Closed on
Jun 21, 2013
Sold by
Jemielity Joseph A
Bought by
Gasten Andrea
Seller's Agent
Jardin Ratzken
Two Brothers Realty & Co
Buyer's Agent
Joseph Kaminsky
Keller Williams Arizona Realty
List Price
$230,000
Sold Price
$231,000
Premium/Discount to List
$1,000
0.43%

Purchase Details

Closed on
Oct 15, 2009
Sold by
Sci Defined Benefit Plan
Bought by
Jemielity Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 2009
Sold by
Najand Masoud
Bought by
Sci Defined Benefit Plan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2005
Sold by
Frederiksen Christopher
Bought by
Najand Masoud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Nest On Osborn Llc -- None Available
2625 Indian Shool Llc $450,000 Old Republic Title Agency
Rg Mientje Enterprises Llc -- Old Republic Title Agency
Gasten Andrea $231,000 Old Republic Title Agency
Jemielity Joseph A $175,000 First American Title Ins Co
Sci Defined Benefit Plan $128,300 Accommodation
Najand Masoud $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jemielity Joseph A $166,920
Previous Owner Najand Masoud $280,000
Previous Owner Frederiksen Christopher $70,000
Closed Najand Masoud $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2018 09/12/18 Sold $450,000 -7.2% $164 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $485,000 +110.0% $177 / Sq Ft
06/27/2013 06/27/13 Sold $231,000 +0.4% $84 / Sq Ft
05/27/2013 05/27/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $230,000 -- $84 / 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 $1,487 $21,418 -- --
2024 $1,475 $20,398 -- --
2023 $1,475 $65,580 $13,110 $52,470
2022 $1,391 $50,530 $10,100 $40,430
2021 $1,480 $46,480 $9,290 $37,190
2020 $1,467 $32,650 $6,530 $26,120
2019 $1,427 $29,530 $5,900 $23,630
2018 $1,377 $28,180 $5,630 $22,550
2017 $1,323 $23,620 $4,720 $18,900
2016 $1,299 $23,610 $4,720 $18,890
2015 $1,236 $19,000 $3,800 $15,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5793576

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-47-131