NOT LISTED FOR SALE

Estimated Value: $1,008,609 - $1,192,000

-- Bed
4 Baths
1,963 Sq Ft
$558/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $1,020,000 $520 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,910/month

38 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 3-minute walk to Paiute Park
  • Tavan Elementary School Rated A
  • Heat Pump System

About This Home

As of September 2023

An amazing opportunity to own an investment property in Scottsdale. The Holiday Park area is very attractive to long & short-term renters seeking adjacency to Old Town Scottsdale, Fashion Square and award winning restaurants. This 4-plex consists of three 2-bedroom 1 bath units and one 1-bedroom 1 bath. Each unit has access to fenced patio areas and have a dedicated private parking spot. All units are fully occupied and cash-flowing, and all leases are below market value. On-site laundry room generates additional income of ~ $1,800/annually. Tremendous investment opportunity.

Last Agent to Sell the Property

Barbara Blazek

West USA Realty License #SA651752000 Listed on: 07/19/2023

West USA Realty

Last Buyer's Agent

Holly Waxman

Citiea License #SA536338000

Citiea

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 1958

Lot Details

  • 8,668

Home Design

  • Wood Frame Construction
  • Block Exterior

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Additional Features

  • Ceramic Tile Flooring
  • Property fronts an alley

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer, landscaping
  • Tax Lot 22
  • Assessor Parcel Number 130-47-066

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8,649
  • Holiday Park 2 Subdivision

Building Details

  • Operating Expense $9,595
  • Gross Income $48,300
  • Net Operating Income $38,037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,156

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 68th St. & Osborn
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: MF
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2022
  • Directions: Osborn and 66th Street. South on 66th Street to Earll. Left on Earll Drive to property.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: HOLIDAY PARK 2
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Add'l Parking Avail, On Street
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric, Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Shutters2: Yes
  • Interior Amenities:Drapes2: Yes

Fee Information

  • Annual Fuel Expense: 379.0
  • Annual Water Sewer Expense: 2127.0

Schools

  • Junior High Dist: Scottsdale Unified District

Lot Info

  • Lot Size: 8,649
  • Additional Parcels: No
  • Parcel #: 130-47-066

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 413.0
  • Annual Gross Income: 48300.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 3800.0
  • Property Net Operating Income: 38037.0
  • Annual Operating Expense: 9595.0

Tax Info

  • Tax Annual Amount: 1156.0
  • Tax Book Number: 130.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Sep 29, 2023
Sold by
Blazek Family Living Trust
Bought by
Bose Subhasis and Suragari Madhav
Seller's Agent
Barbara Blazek
West USA Realty
Buyer's Agent
Holly Waxman
Citiea
List Price
$1,075,000
Sold Price
$1,020,000
Premium/Discount to List
-$55,000
-5.12%
Views
8
Current Estimated Value
$1,095,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,402
Avg. Annual Appreciation
3.93%
Original Mortgage
$816,000
Outstanding Balance
$803,344
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$298,341

Purchase Details

Listed on
Nov 27, 2017
Closed on
Apr 16, 2019
Sold by
Jeanne Reagan 401K Profit Sharing Plan T
Bought by
The Blazek Family Living Trust
Seller's Agent
Jeanne Reagan
Realty ONE Group
Buyer's Agent
Barbara Blazek
West USA Realty
List Price
$525,000
Sold Price
$522,500
Premium/Discount to List
-$2,500
-0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.26%
Original Mortgage
$391,875
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2011
Sold by
Federal National Mortgage Association
Bought by
Jeanne Reagan Defined Benefit Plan

Purchase Details

Closed on
Jan 10, 2011
Sold by
Dimowo John O
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 28, 2005
Sold by
5433 Cheery Lynn Llc
Bought by
Dimowo John O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 7, 2005
Sold by
Dimowo Olumaremilekun
Bought by
Dimowo John O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 4, 2005
Sold by
Firfer Bourke and Mcgregor Charles
Bought by
5433 Cheery Lynn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 29, 2005
Sold by
Rivera Adolph and Rivera Nereyda
Bought by
Firfer Bourke and Mcgregor Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2005
Sold by
Robbins Julie A
Bought by
Robbins Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1996
Sold by
Rivera Adolph and Rivera Adolfo
Bought by
Rivera Adolph and Rivera Nereyda

Purchase Details

Closed on
Dec 7, 1994
Sold by
Rutkowski John C and Rutkowski Diana L
Bought by
Rivera Adolph and Rivera Nereyda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
9.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1994
Sold by
State Street Bank & Trust Company
Bought by
Rutkowski John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.38%

Purchase Details

Closed on
Apr 15, 1994
Sold by
Sutton Constance E
Bought by
State Street Bank & Trust Company
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Bose Subhasis $1,020,000 Capital Title
The Blazek Family Living Trust $522,500 Millennium Title Agency Llc
Jeanne Reagan Defined Benefit Plan $140,000 Security Title Agency
Jeanne Reagan Defined Benefit Plan $140,000 Security Title Agency
Federal National Mortgage Association $311,744 None Available
Dimowo John O $410,000 Capital Title Agency Inc
Dimowo John O -- Capital Title Agency Inc
5433 Cheery Lynn Llc -- Capital Title Agency Inc
Firfer Bourke $299,000 Chicago Title Insurance Co
Rivera Adolph -- Chicago Title Insurance Co
Robbins Adam -- Chicago Title Insurance Co
Rivera Adolph -- --
Rivera Adolph $110,000 United Title Agency
Rutkowski John C $50,000 --
State Street Bank & Trust Company -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bose Subhasis $816,000
Previous Owner The Blazek Family Living Trust $391,875
Previous Owner Dimowo John O $307,500
Previous Owner Dimowo John O $307,500
Previous Owner 5433 Cheery Lynn Llc $307,500
Previous Owner Firfer Bourke $224,250
Previous Owner Rivera Adolph $77,000
Previous Owner Rutkowski John C $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $1,020,000 -5.1% $520 / Sq Ft
09/19/2023 09/19/23 Price Changed $1,075,000 0.0% $548 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/04/2023 08/04/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $1,075,000 +105.7% $548 / Sq Ft
04/23/2019 04/23/19 Sold $522,500 -3.1% $266 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
09/13/2018 09/13/18 Price Changed $539,000 +2.7% $275 / Sq Ft
11/27/2017 11/27/17 For Sale $525,000 -- $267 / 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 $1,236 $17,800 -- --
2024 $1,226 $16,953 -- --
2023 $1,226 $64,180 $12,830 $51,350
2022 $1,156 $45,410 $9,080 $36,330
2021 $1,230 $38,100 $7,620 $30,480
2020 $1,219 $31,830 $6,360 $25,470
2019 $1,186 $25,230 $5,040 $20,190
2018 $1,144 $22,850 $4,570 $18,280
2017 $1,099 $21,380 $4,270 $17,110
2016 $1,074 $19,060 $3,810 $15,250
2015 $1,027 $17,650 $3,530 $14,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6582309

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-47-066