NOT LISTED FOR SALE

Estimated Value: $1,280,000 - $1,622,000

5 Beds
4 Baths
-- Sq Ft
8,625 Sq Ft Lot

Last Sold March 21, 2022

Last sale price $1,705,000

Est. 13% decrease in value since last sale

Current estimated payment $8,021/month

13 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • 4-minute walk to Paiute Park
  • Tavan Elementary School Rated A
  • Heating Available

About This Home

As of March 2022

Amazing opportunity to own a gorgeous modern Fourplex in one of the most desired neighborhoods in Old Town. Mins from old town. The home was fully upgraded in 2019-2020 including new electrical, new plumbing, new AC units. Nothing was skipped, pics speak for itself. Turnkey, movein ready. Owners currently run a short term rental business out of the units and is open to transfer the management duties if the new owner wants to continue. Home will be vacant for new owner to choose LTR/STR. 2021 gross revenue $176k! Solar is PAID OFF. ProForma LTR over $1600-2300/month. Exterior is professionally maintained by landscaper.

Last Agent to Sell the Property

Danica Lange

Realty ONE Group License #SA693194000 Listed on: 02/25/2022

Co-Listed By

Kourtney Ness

Realty ONE Group License #SA645136000

Last Buyer's Agent

Jonas Funston

Realty ONE Group License #SA563488000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1961

Lot Details

  • 8,625

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 130-47-005

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8610 sq ft
  • Imperial Manor Subdivision

Building Details

  • Operating Expense $6,998

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,398

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 68th St and Thomas
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2021
  • Directions: North on 68th to Osborn. West to property on SE corner of Osborn and 66Th st.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reog02
  • Co List Office Phone: 480-321-8100
  • Subdivision Name: IMPERIAL MANOR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Add'l Parking Avail, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS, Solar
  • Cooling: Electric, Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Partially Furnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Junior High Dist: Scottsdale Unified District

Lot Info

  • Lot Size: 8610 sq ft
  • Additional Parcels: No
  • Parcel #: 130-47-005

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: See Remarks
  • Number Of Units Total: 4
  • Electric Expense: 1400.0
  • Insurance Expense: 2400.0
  • Annual Operating Expense: 6998.0

Tax Info

  • Tax Annual Amount: 1398.0
  • Tax Book Number: 130.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Mar 10, 2022
Sold by
Yado Osborn Llc
Bought by
Hale Nicholas
Seller's Agent
Danica Lange
Realty ONE Group
Buyer's Agent
Jonas Funston
Realty ONE Group
List Price
$1,800,000
Sold Price
$1,705,000
Premium/Discount to List
-$95,000
-5.28%
Current Estimated Value
$1,490,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$214,178
Avg. Annual Appreciation
-6.79%

Purchase Details

Closed on
Nov 26, 2019
Sold by
Thomas Norris Lynwood and Thomas Jane Marie
Bought by
Yado Osborn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2019
Sold by
Thomas John Michael
Bought by
Yado Osborn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 17, 2018
Closed on
Oct 26, 2018
Sold by
B & C Ward Properties Llc
Bought by
Thomas Norris Lynwood and Thomas Jane Marie
Seller's Agent
Mary Goulian
Good Oak Real Estate
Buyer's Agent
Luin L. Ross
FDR Real Estate
List Price
$499,900
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.23%
Original Mortgage
$250,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2016
Sold by
Dobranski Maureen and Dobranski Ken
Bought by
B & C Ward Properties Llc

Purchase Details

Closed on
Sep 14, 2016
Sold by
6601 E Osborn Llc
Bought by
Dobranksi Maureen and Dobranski Ken

Purchase Details

Closed on
Mar 1, 2011
Sold by
Dobranski Maureen
Bought by
6601 E Osborn Llc

Purchase Details

Closed on
Feb 4, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Dobranski Maureen

Purchase Details

Closed on
Aug 31, 2009
Sold by
Najand Masoud
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 14, 2005
Sold by
Kluzinski Robert F
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
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2004
Sold by
Kluzinski Robert F
Bought by
Kluzinski Robert F and The Kluzinski Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2003
Sold by
Kluzinski Robert F
Bought by
Kluzinski Robert F and The Kluzinski Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,200
Interest Rate
7.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2003
Sold by
Kluzinski Robert F and The Kluzinski Trust
Bought by
Kluzinski Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,200
Interest Rate
7.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 1998
Sold by
Kluzinski Robert F
Bought by
Kluzinski Robert F and The Kluzinski Trust

Purchase Details

Closed on
Jul 18, 1994
Sold by
Carll Thomas B
Bought by
Kluzinski Robert F

Purchase Details

Closed on
Apr 5, 1994
Sold by
Voss Alvin R and Voss Erik O
Bought by
Carll Thomas B
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
Hale Nicholas $1,705,000 Security Title
Yado Osborn Llc -- None Available
Yado Osborn Llc $255,000 Security Title Agency Inc
Thomas Norris Lynwood $499,900 Security Title Agency Inc
B & C Ward Properties Llc $285,000 Old Republic Title Agency
Dobranksi Maureen -- Old Republic Title Agency
6601 E Osborn Llc -- None Available
Dobranski Maureen $122,000 Lsi Title
Deutsche Bank National Trust Company $133,500 None Available
Najand Masoud $350,000 First American Title Ins Co
Kluzinski Robert F -- Nations Title Agency
Kluzinski Robert F -- Nations Title Agency
Kluzinski Robert F -- Title Services Of The Valley
Kluzinski Robert F -- Title Services Of The Valley
Kluzinski Robert F -- --
Kluzinski Robert F $126,000 Chicago Title Insurance Co
Carll Thomas B $108,913 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yado Osborn Llc $490,000
Previous Owner Thomas Norris Lynwood $250,000
Previous Owner Najand Masoud $280,000
Previous Owner Kluzinski Robert F $224,000
Previous Owner Kluzinski Robert F $177,200
Closed Najand Masoud $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $1,705,000 -5.3% --
03/06/2022 03/06/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $1,800,000 +260.1% --
10/31/2018 10/31/18 Sold $499,900 0.0% --
09/17/2018 09/17/18 For Sale $499,900 -- --
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 $1,405 $20,229 -- --
2024 $1,393 $19,266 -- --
2023 $1,393 $75,320 $15,060 $60,260
2022 $1,314 $50,250 $10,050 $40,200
2021 $1,398 $43,370 $8,670 $34,700
2020 $1,386 $35,800 $7,160 $28,640
2019 $1,348 $26,830 $5,360 $21,470
2018 $1,301 $25,280 $5,050 $20,230
2017 $1,249 $29,300 $5,860 $23,440
2016 $1,227 $22,360 $4,470 $17,890
2015 $1,167 $18,170 $3,630 $14,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6358419

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-47-005