NOT LISTED FOR SALE

4020 N Scottsdale Rd Unit 3007 Scottsdale, AZ 85251

Old Town Scottsdale Neighborhood

Estimated Value: $592,000 - $686,000

1 Bed
1 Bath
1,191 Sq Ft
$578/mo HOA Fee

Last Sold July 12, 2022

Last sale price $619,000 $520 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,198/month

2 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Parking
  • Contemporary Architecture
  • The property is located in a historic district
  • City Lights View
  • Balcony

About This Home

As of July 2022

LOCATION! LOCATION!LOCATION! HEART OF OLD TOWN! Step out the door and you are immediately surrounded by shopping, restaurants, arts and crafts, it is all here! Enjoy the open floor plan and recently updated bathroom. The vibe here feels like NYC with floor-to-ceiling windows, TWO balconies, exposed duct work, and high ceilings. One of a few condos in the complex that includes a rooftop sun deck that features 360-degree views of the Valley and Camelback Mountain. Underground secured parking

Last Agent to Sell the Property

Timothy O'Connor

Epique Realty License #SA662332000 Listed on: 06/06/2022

Epique Realty

Last Buyer's Agent

Thomas Corley

Realty ONE Group License #SA690362000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,173

Year Built

  • Built in 2008

Lot Details

  • 1 Common Wall
  • Block Wall Fence

HOA Fees

  • $578 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Assigned Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Exterior
  • Metal Construction or Metal Frame

Interior Spaces

  • 1,191 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Concrete Flooring
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom Updated in 2022
  • 1 Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near a bus stop
  • The property is located in a historic district

Schools

  • Tonalea K-8 Elementary School
  • Supai Middle School
  • Coronado High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3007
  • Assessor Parcel Number 130-13-334

Community Details

Overview

  • Association fees include roof repair, insurance, sewer, trash, maintenance exterior
  • 4020 Lofts Association, Phone Number (602) 957-9191
  • High-Rise Condominium
  • 4020 Scottsdale Old Town Lofts Subdivision

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,173

Year Built

Built in 2008

Lot Details

0

HOA Fees

$578 per month

Parking

1

Listing Details

  • Cross Street: Scottsdale Rd. and Indian School
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 578.0
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2022
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2021
  • Property Sub Type: Apartment Style/Flat
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: 4020 SCOTTSDALE OLD TOWN LOFTS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 578.0
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Technology:High Speed Internet Available: Yes
  • Building Style:High Rise: Yes
  • Special Features: None

Interior Features

  • Flooring: Concrete
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, 9+ Flat Ceilings, Elevator, Fire Sprinklers, Intercom, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 1191.0
  • Stories: 3
  • Window Features: Double Pane Windows
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Balcony, Patio
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Mountain(s)
  • Disclosures: Seller Discl Avail
  • Common Walls: 1 Common Wall, Neighbor Below
  • Construction Type: Brick Veneer, Painted, Block, Frame - Metal
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Frame - Metal: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Separate Strge Area, Assigned, Gated
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Gated Parking: Yes
  • Parking Features:Separate Strge Area: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop, Historic District
  • Amenities: Management, Rental OK (See Rmks)
  • Association Fee: 578.0
  • Association Fee Frequency: Monthly
  • Association Name: 4020 Lofts
  • Phone: 602-957-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 4020 Lofts
  • Association Fees:HOA Telephone4: (602) 957-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Roof Repair, Insurance, Sewer, Trash, Maintenance Exterior

Schools

  • Elementary School: Tonalea K-8
  • High School: Coronado High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Supai Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1112.0
  • Parcel #: 130-13-334
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 1173.0
  • Tax Book Number: 130.00
  • Tax Lot: 3007
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jun 14, 2022
Sold by
Chapman Tyler S and Chapman Mary K
Bought by
Aggarwal Rohit
Seller's Agent
Timothy O'Connor
Epique Realty
Buyer's Agent
Thomas Corley
Realty ONE Group
List Price
$619,000
Sold Price
$619,000
Current Estimated Value
$649,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,102
Avg. Annual Appreciation
2.68%
Original Mortgage
$557,100
Outstanding Balance
$533,119
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$138,747

Purchase Details

Listed on
May 20, 2019
Closed on
Jul 8, 2019
Sold by
Bollinger Christopher S
Bought by
Chapman Tyler S and Chapman Mary K
Seller's Agent
Timothy O'Connor
Epique Realty
Buyer's Agent
Juli Forsyth
My Home Group Real Estate
List Price
$480,000
Sold Price
$460,000
Premium/Discount to List
-$20,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%
Original Mortgage
$414,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2014
Sold by
Old Town Lofts Llc
Bought by
Bollinger Christopher S
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
Aggarwal Rohit $619,000 Pioneer Title
Chapman Tyler S $460,000 First Arizona Title Agency
Bollinger Christopher S $416,130 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aggarwal Rohit $557,100
Previous Owner Chapman Tyler S $414,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $619,000 0.0% $520 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $619,000 +34.6% $520 / Sq Ft
07/18/2019 07/18/19 Sold $460,000 -4.2% $386 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $480,000 -- $403 / 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 $993 $17,403 -- --
2024 $971 $16,574 -- --
2023 $971 $47,670 $9,530 $38,140
2022 $1,104 $40,210 $8,040 $32,170
2021 $1,173 $40,380 $8,070 $32,310
2020 $1,163 $37,370 $7,470 $29,900
2019 $1,122 $42,360 $8,470 $33,890
2018 $1,087 $38,150 $7,630 $30,520
2017 $1,041 $34,650 $6,930 $27,720
2016 $1,021 $33,830 $6,760 $27,070
2015 $837 $12,890 $2,200 $10,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6412117

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-13-334