NOT LISTED FOR SALE

6602 E Avalon Dr Scottsdale, AZ 85251

South Scottsdale Neighborhood

Estimated Value: $1,037,000 - $1,170,000

Studio
-- Bath
3,420 Sq Ft
$319/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2014

Last sale price $240,000 $70 Per Sq Ft

Est. 354% increase in value since last sale

Current estimated payment $6,072 / mo

147 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • 3-minute walk to Paiute Park
  • Tavan Elementary School Rated A
  • Heating System Uses Natural Gas

About This Home

As of June 2014

NOT A SHORT SALE, NOT A REO, CAN CLOSE QUICK. This Scottsdale Fourplex is individually metered for electricity. The unit mix is (3) 2BD/1BA units and (1) 1BD/1BA unit. Located in a highly desirable Scottsdale area, just off of Thomas and the 101 Pima Freeway and minutes away from Shopping Centers, Golf Courses, and Schools. This property is projected to generate total rents of $28,740 less 10% vacancy of $2,874 per year which equals $25,866 adjusted gross income. Then after projected expenses of $10,222 the net operating income is $15,644 per year based on pro forma. This is a 6.02% CAP Rate.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 11/06/2013

Last Buyer's Agent

Donna Quackenbush

HomeSmart License #SA630564000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 1962

Lot Details

  • 0.26

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 110
  • Assessor Parcel Number 130-09-057

Community Details

Overview

  • 4 Units
  • Building Dimensions are 1RR
  • Oasis Plaza Subdivision

Building Details

  • Operating Expense $10,222
  • Gross Income $25,866
  • Net Operating Income $15,644

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,235

Year Built

Built in 1962

Lot Details

0.26 Acres

Listing Details

  • Cross Street: 68th Street and Thomas
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2587.0
  • Subdivision Name: Oasis Plaza
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 1.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking:Carport: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Individual
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 800.0
  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Scottsdale Unified District

Lot Info

  • Lot Size: 1RR
  • Additional Parcels: No
  • Parcel #: 130-09-057

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 25866.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 15644.0
  • Annual Operating Expense: 10221.96
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1234.96
  • Tax Book Number: 130.00
  • Tax Lot: 110

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

Closed on
Aug 15, 2025
Sold by
Bought by
Current Estimated Value
$1,090,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
0.0667%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2021
Sold by
Bought by

Purchase Details

Listed on
Nov 6, 2013
Closed on
Jun 27, 2014
Sold by
Bought by
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Donna Quackenbush
HomeSmart
List Price
$260,000
Sold Price
$240,000
Premium/Discount to List
-$20,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$174,000
Interest Rate
0.0417%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2013
Closed on
Jun 20, 2014
Sold by
Bought by
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Donna Quackenbush
HomeSmart
List Price
$260,000
Sold Price
$240,000
Premium/Discount to List
-$20,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
0.0417%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 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
$252,000
Interest Rate
0.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 19, 1995
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 1995
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
$960,000 Pioneer Title Agency
-- --
-- Empire West Title Agency
$232,000 Empire West Title Agency
$315,000 Capital Title Agency Inc
$4,399,000 Capital Title Agency Inc
$120,000 Grand Canyon Title Agency In
-- Grand Canyon Title Agency In
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
Open $795,000
Previous Owner $205,000
Previous Owner $295,000
Previous Owner $174,000
Previous Owner $252,000
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
06/27/2014 06/27/14 Sold $240,000 -7.7% $70 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
11/06/2013 11/06/13 For Sale $260,000 -- $76 / Sq Ft
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 $1,755 $24,330
2024 $1,675 $23,171
2023 $1,675 $86,080 $17,210 $68,870
2022 $1,580 $59,070 $11,810 $47,260
2021 $1,681 $50,650 $10,130 $40,520
2020 $1,666 $42,080 $8,410 $33,670
2019 $1,621 $31,810 $6,360 $25,450
2018 $1,564 $29,830 $5,960 $23,870
2017 $1,502 $35,170 $7,030 $28,140
2016 $1,476 $27,050 $5,410 $21,640
2015 $1,404 $22,470 $4,490 $17,980
Source: Public Records

Agents Affiliated with this Home

  • Linda Gerchick

    Seller's Agent in 2014

    Linda Gerchick

    Gerchick Real Estate

    (602) 688-9279

    3 in this area

    99 Total Sales

    Linda Gerchick
    Section Image

  • D

    Buyer's Agent in 2014

    Donna Quackenbush

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5029924

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-09-057

Arizona Maricopa County Scottsdale 85251 South Scottsdale

6602 E Avalon Dr, Scottsdale, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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