NOT LISTED FOR SALE

6620 E Osborn Rd Scottsdale, AZ 85251

South Scottsdale Neighborhood

Estimated Value: $1,149,000 - $1,391,044

-- Bed
6 Baths
870 Sq Ft
$1,451/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $860,000 $989 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,077/month

7 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Tavan Elementary School Rated A

About This Home

As of November 2018

A unique neighborhood, perfect location to downtown Scottsdale & ASU Tempe. Price for 2 buildings with separate listing must be sold together; address 6620 & 6628. Look at Listing MLS #5814598. Each building consisted of 3 units, each unit 2 bed/1 bath. City zoning R1-7. The owner has upgraded the units with recessed lightings, French doors, new floorings, and carpets have been replaced every 5-7 years. Long-term tenants. Property is well maintained with covered parking in the rear. Behind the complexes are single-family homes; some have been completely remodeled both inside and out; some have been torn down and completely rebuilt from the ground up. New homes sold for over $900K. Don't pass up on a great investment! Viewing and inspection upon mutual acceptance of purchase contract.

Last Agent to Sell the Property

Sherry Wong

Realty ONE Group License #SA560413000 Listed on: 08/27/2018

Last Buyer's Agent

Sherry Wong

Realty ONE Group License #SA560413000 Listed on: 08/27/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,133

Year Built

  • Built in 1958

Lot Details

  • Property fronts an alley
  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • 8 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • On-Street Parking

Schools

  • Navajo Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 328
  • Assessor Parcel Number 130-05-090-B

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Building Dimensions are 8706
  • Southwest Village Unit 3 Subdivision

Building Details

  • Operating Expense $30,333
  • Gross Income $53,900
  • Net Operating Income $24,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,133

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Rd and Osborn
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R1-7 (city)
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2017
  • Directions: West on Osborn to property on north side
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 4000.0
  • Subdivision Name: SOUTHWEST VILLAGE UNIT 3
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: See Remarks, Painted, Block
  • Roof: Composition
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Paved Parking, 1 Space/Unit, Street Parking, Common
  • Attached Garage: No
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Central A/C
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Fuel Expense: 1000.0
  • Annual Water Sewer Expense: 2000.0

Schools

  • Elementary School: Navajo Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Lot Size: 8706
  • Additional Parcels: Yes
  • Parcel #: 130-05-090-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 6
  • Electric Expense: 5000.0
  • Annual Gross Income: 53900.0
  • Insurance Expense: 3600.0
  • Maintenance Expense: 10000.0
  • Property Net Operating Income: 24700.0
  • Annual Operating Expense: 30333.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1133.0
  • Tax Book Number: 130.00
  • Tax Lot: 328

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2018
Closed on
Nov 26, 2018
Sold by
Tang Jennie and Mah Violet
Bought by
Simcam I Llc
Seller's Agent
Sherry Wong
Realty ONE Group
Buyer's Agent
Sherry Wong
Realty ONE Group
List Price
$900,000
Sold Price
$860,000
Premium/Discount to List
-$40,000
-4.44%
Current Estimated Value
$1,262,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,015
Avg. Annual Appreciation
3.97%
Original Mortgage
$300,000
Interest Rate
4.79%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 30, 2007
Sold by
Ong Wah Yew and Estate Of Yee San Ong
Bought by
Wyo Trust I
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Simcam I Llc $430,000 American Title Service Agenc
Wyo Trust I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simcam 1 Llc $450,000
Closed Simcam I Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $860,000 -4.4% $989 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $900,000 -- $1,034 / 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 $1,282 $18,946 -- --
2024 $1,267 $18,044 -- --
2023 $1,267 $68,420 $13,680 $54,740
2022 $1,202 $47,180 $9,430 $37,750
2021 $1,277 $41,420 $8,280 $33,140
2020 $1,266 $35,860 $7,170 $28,690
2019 $1,222 $31,700 $6,340 $25,360
2018 $1,183 $28,410 $5,680 $22,730
2017 $1,133 $28,480 $5,690 $22,790
2016 $1,111 $21,600 $4,320 $17,280
2015 $1,057 $17,700 $3,540 $14,160
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sherry Wong

    Realty One Group

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5814596

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-05-090B

Arizona Maricopa County Scottsdale 85251 South Scottsdale

6620 E Osborn Rd, Scottsdale, AZ

This home is located at 6620 E Osborn Rd, Scottsdale, AZ 85251 since 27 August 2018 and is currently estimated at $1,262,015, approximately $1,450 per square foot. This property was built in 1958. 6620 E Osborn Rd is a home located in Maricopa County with nearby schools including Tavan Elementary School, Ingleside Middle School, and Arcadia High School.

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

Nearby Homes