NOT LISTED FOR SALE

6637 E Monterey Way Unit 50 Scottsdale, AZ 85251

South Scottsdale Neighborhood

Estimated Value: $876,000 - $2,182,052

0.23 Acre
$6,569,639 Price per Acre
9,992 Sq Ft Lot

Last Sold March 21, 2019

Last sale price $194,000

Est. 679% increase in value since last sale

Current estimated payment $8,632/month

37 Days on Market

Highlights

  • 0.23 Acre Lot
  • No HOA
  • 4-minute walk to Paiute Park
  • Tavan Elementary School Rated A
  • Level Lot

About This Lot

As of March 2019

GREAT VACANT LOT in highly sought-after area in Old Town Scottsdale area. RARELY are vacant lots available in this zip code; 85251.
GREAT INVESTMENT OPPORTUNITY in this desirable area - Zoned Multi-Family R–5. COMPLETE PLANS- 4 UNITS INCLUDED!
Fantastic potential to capitalize on increasing values.
GREAT LOCATION in desired Scottsdale school district (Hopi/Ingeside/Arcadia); close proximity to Old Town, ASU, freeways, Tempe and downtown Phoenix.
A perfect opportunity to build your portfolio of income producing properties. Don't miss this rare opportunity!
THIS PROPERTY HAS IT ALL!

Last Agent to Sell the Property

Laurelle Adrian

American Realty Brokers License #SA569012000 Listed on: 01/22/2019

American Realty Brokers

Last Buyer's Agent

Nathaniel Neslund

Realty ONE Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,451

Lot Details

  • 9,992 Sq Ft Lot
  • Level Lot
  • Property is zoned R-5 Multi-Fam.

Eco-Friendly Details

  • North or South Exposure

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia High School

Community Details

  • No Home Owners Association
  • Holiday Park Subdivision

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 130-47-094

Property Details

Property Type

Land

Est. Annual Taxes

$1,451

Lot Details

0

Listing Details

  • Cross Street: 68th Street and Thomas
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land, Plans Included
  • Topography: Level
  • Zoning: R-5 Multi-Fam.
  • Tax Year: 2018
  • Directions: From 68th Street and Thomas - North on 68th St. West on Cherry Lynn. North (right) on 67th Pl. West (left) on Monterey. Property on the Left.
  • Horses: No
  • Lot Size Acres: 0.23
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: HOLIDAY PARK
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Fencing: None
  • Lot Features: North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size: 100x100 Approx.
  • Lot Size Sq Ft: 9992.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 130-47-094
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1451.0
  • Tax Book Number: 130.00
  • Tax Lot: 50
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2019
Sold by
Neslund Nathaniel
Bought by
Nesco Monterey Llc
Current Estimated Value
$1,511,017

Purchase Details

Listed on
Jan 22, 2019
Closed on
Mar 6, 2019
Sold by
Commercial One Llc
Bought by
Neslund Nicholas and Neslund Nathaniel
Seller's Agent
Laurelle Adrian
American Realty Brokers
Buyer's Agent
Nathaniel Neslund
Realty ONE Group
List Price
$219,000
Sold Price
$194,000
Premium/Discount to List
-$25,000
-11.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.44%

Purchase Details

Closed on
Nov 14, 2017
Sold by
Mancusi Nicholas and Mancusi Ada Rose
Bought by
Commercial One Llc

Purchase Details

Listed on
Feb 22, 2014
Closed on
Jun 30, 2014
Sold by
Boccieri Steve and Boccieri Mary
Bought by
Mancusi Nicholas and Mancusi Ada Rose
Seller's Agent
Vincent Boccieri
Desert Nation Realty, L.L.C.
Buyer's Agent
Vincent Boccieri
Desert Nation Realty, L.L.C.
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.28%

Purchase Details

Closed on
Jun 22, 2009
Sold by
Boccieri Steve and Boccieri Mary Ann
Bought by
Boccieri Steve and Boccieri Mary Ann
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
Nesco Monterey Llc -- None Available
Neslund Nicholas $194,000 American Title Svc Agcy Llc
Commercial One Llc $135,000 First American Title Insuran
Mancusi Nicholas $85,000 Pioneer Title Agency Inc
Boccieri Steve -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2019 03/21/19 Sold $194,000 -11.4% --
01/21/2019 01/21/19 For Sale $219,000 +157.6% --
07/01/2014 07/01/14 Sold $85,000 -5.6% --
06/05/2014 06/05/14 Pending -- -- --
02/22/2014 02/22/14 For Sale $90,000 -- --
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 $3,443 $49,569 -- --
2024 $3,413 $47,209 -- --
2023 $3,413 $118,200 $23,640 $94,560
2022 $3,220 $63,910 $17,540 $46,370
2021 $1,559 $33,345 $33,345 $0
2020 $1,545 $30,960 $30,960 $0
2019 $1,503 $30,225 $30,225 $0
2018 $1,451 $23,385 $23,385 $0
2017 $1,393 $15,270 $15,270 $0
2016 $1,538 $16,425 $16,425 $0
2015 $1,656 $17,632 $17,632 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5871359

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-47-094