NOT LISTED FOR SALE

Estimated Value: $693,644 - $1,438,000

Studio
-- Bath
3,420 Sq Ft
$339/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2018

Last sale price $415,000 $121 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $6,499 / mo

3 Days on Market

Highlights

  • Wood Flooring
  • Community Playground
  • Heat Pump System
  • Tavan Elementary School Rated A
  • Ceiling Fan
  • 4-minute walk to Paiute Park

About This Home

As of August 2018

Located in Old Town Scottsdale, this single-story four-plex has 3-2 b/r's and 1-1 b/r unit. Tenants are long term, offering investors a strong & consistent income stream. The condition of the the units and building are very good, with regular maintenance schedule, including all a/c units given thorough cleaning/tune-ups this spring.
All units are occupied, please DO NOT disturb the tenants.

Last Agent to Sell the Property

Lloyd Tindell

HomeSmart License #BR117908000 Listed on: 07/18/2018

HomeSmart

Co-Listed By

James Campbell

Realty ONE Group License #BR671396000

Last Buyer's Agent

Charles DeLong

HomeSmart License #SA656892000

HomeSmart
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,510

Year Built

  • Built in 1962

Lot Details

  • 0.27

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Schools

  • Tavan Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 109
  • Assessor Parcel Number 130-09-056

Community Details

Overview

  • 4 Units
  • Building Dimensions are .27 acres/11676 sqft
  • Oasis Plaza Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $10,460
  • Gross Income $29,576
  • Net Operating Income $19,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,510

Year Built

Built in 1962

Lot Details

0.27 Acres

Listing Details

  • Cross Street: 68th Street & Thomas Road
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3000.0
  • Co List Office Mls Id: shpm01
  • Co List Office Phone: 480-699-7206
  • Subdivision Name: OASIS PLAZA
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Annual Water Sewer Expense: 2640.0

Schools

  • Elementary School: Tavan Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: .27 acres/11676 sqft
  • Additional Parcels: No
  • Parcel #: 130-09-056

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 550.0
  • Annual Gross Income: 29576.4
  • Insurance Expense: 1860.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 19720.0
  • Annual Operating Expense: 10460.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1510.0
  • Tax Book Number: 130.00
  • Tax Lot: 109

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
May 29, 2026
Sold by
Bought by
Current Estimated Value
$1,157,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$149,859
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$1,008,052

Purchase Details

Closed on
Jul 12, 2021
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
$558,150
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 17, 2018
Sold by
Bought by
Seller's Agent
Lloyd Tindell
HomeSmart
Buyer's Agent
Charles DeLong
HomeSmart
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
Original Mortgage
$307,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2015
Closed on
Feb 9, 2016
Sold by
Bought by
Seller's Agent
Jeffrey Quinn
HomeSmart
Buyer's Agent
Sarah Reiter
Argo Real Estate
List Price
$299,000
Sold Price
$306,000
Premium/Discount to List
$7,000
2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.42%
Original Mortgage
$225,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2008
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
$267,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2005
Sold by
Bought by

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
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 1997
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 1995
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Scottsdale, AZ

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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
-- Atlas Title
-- None Listed On Document
$410,000 Old Republic Title Agency
$309,000 Clear Title Agency Of Az Llc
-- Transnation Title Ins Co
-- Transnation Title Ins Co
$315,000 --
$315,000 Capital Title Agency Inc
$4,399,000 Capital Title Agency Inc
-- Chicago Title Insurance Co
-- --
-- Grand Canyon Title Agency In
$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 $150,000
Previous Owner $558,150
Previous Owner $562,500
Previous Owner $307,500
Previous Owner $225,000
Previous Owner $267,200
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 Prior Sale
08/31/2018 08/31/18 Sold $415,000 -2.4% $121 / Sq Ft
07/24/2018 07/24/18 For Sale $425,000 0.0% $124 / Sq Ft
07/24/2018 07/24/18 Price Changed $425,000 0.0% $124 / Sq Ft
07/21/2018 07/21/18 Pending -- -- --
07/20/2018 07/20/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $425,000 0.0% $124 / Sq Ft
08/01/2016 08/01/16 Rented $600 0.0% --
07/15/2016 07/15/16 Under Contract -- -- --
07/03/2016 07/03/16 Price Changed $600 -7.0% $1 / Sq Ft
06/22/2016 06/22/16 For Rent $645 0.0% --
03/31/2016 03/31/16 Sold $306,000 +2.3% $89 / Sq Ft View Prior Sale
02/10/2016 02/10/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $299,000 -- $87 / 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 $1,764 $24,449
2024 $1,683 $23,285
2023 $1,683 $91,130 $18,220 $72,910
2022 $1,588 $61,660 $12,330 $49,330
2021 $1,689 $52,410 $10,480 $41,930
2020 $1,675 $42,360 $8,470 $33,890
2019 $1,629 $31,950 $6,390 $25,560
2018 $1,572 $29,960 $5,990 $23,970
2017 $1,510 $35,300 $7,060 $28,240
2016 $1,483 $27,200 $5,440 $21,760
2015 $1,411 $22,570 $4,510 $18,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5795323

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-09-056

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