NOT LISTED FOR SALE

Estimated Value: $796,000 - $1,512,000

5 Beds
4 Baths
-- Sq Ft
1961 Built

Sale Details

Date Sold: March 21, 2022

Last sale price $1,705,000

Est. 25% decrease in value since last sale

Current estimated payment $7,032 / mo

13 Days on Market

Highlights

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

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

Barrett Real Estate 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

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Partially Furnished
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • Carport
  • Additional Parking

Eco-Friendly Details

  • Solar Power System

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • 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 Sq Ft Lot

Listing Details

  • Cross Street: 68th St and Thomas
  • Property Type: Multiple Dwellings
  • Zoning: R5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2021
  • 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
  • Appliances: Refrigerator, Microwave, W/D Hookup

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

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: Water, Sewer, Trash Collection
  • 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: 130.0
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
May 12, 2022
Sold by
Bought by
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
$1,281,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$423,153
Avg. Annual Appreciation
-6.52%

Purchase Details

Listed on
Feb 25, 2022
Closed on
Mar 10, 2022
Sold by
Bought by
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%

Purchase Details

Closed on
Nov 26, 2019
Sold by
Bought by

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
Bought by

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
Bought by
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
13.15%
Original Mortgage
$250,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2016
Sold by
Bought by

Purchase Details

Closed on
Sep 14, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 2005
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Jul 18, 1994
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Relaw Apc
$1,705,000 Security Title
-- None Available
$255,000 Security Title Agency Inc
$499,900 Security Title Agency Inc
$285,000 Old Republic Title Agency
-- Old Republic Title Agency
-- None Available
$122,000 Lsi Title
$133,500 None Available
$350,000 First American Title Ins Co
-- Nations Title Agency
-- Nations Title Agency
-- Title Services Of The Valley
-- Title Services Of The Valley
-- --
$126,000 Chicago Title Insurance Co
$108,913 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $490,000
Previous Owner $250,000
Previous Owner $280,000
Previous Owner $224,000
Previous Owner $177,200
Closed $52,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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% -- View Prior Sale
09/17/2018 09/17/18 For Sale $499,900 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,459 $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

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