NOT LISTED FOR SALE

6708 E Monterey Way Unit 1-4 Scottsdale, AZ 85251

South Scottsdale Neighborhood

Estimated Value: $1,047,766 - $1,259,000

-- Bed
4 Baths
885 Sq Ft
$1,306/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $325,000 $367 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $6,254/month

17 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available
  • Tavan Elementary School Rated A
  • Concrete Flooring

About This Home

As of March 2016

Wow!!! Seller is motivated bring your offer's now!!! This 4 plex is fully rented and all have 2 bedroom and 1 bath. Rents range from 600 to 650. Each unit is huge at 885 sq feet. All apartments are brick construction and have vaulted ceilings. Nice sized court yard and covered parking. There is a washer and dryer in small separate room for all tenants to use. All facts and figures are approximate buyer verify MLS info. Seller may carry up to 3 years!

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000 Listed on: 01/23/2016

Co-Listed By

Baylee Estrada

Keller Williams Arizona Realty License #BR654361000

Last Buyer's Agent

Jason Rodgers

Visionary Properties License #SA557950000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1963

Lot Details

  • 9,017

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 10 Parking Spaces
  • 6 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, landscaping
  • Tax Lot 72
  • Assessor Parcel Number 130-47-116

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr

Building Details

  • Gross Income $29,640
  • Net Operating Income $21,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,250

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 68th St & Thomas
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2015
  • Road Surface Type: Asphalt, Sidewalk(s), Alley
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 1000.0
  • Annual Water Sewer Expense: 1800.0

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 130-47-116

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 500.0
  • Annual Gross Income: 29640.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 21990.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1250.0
  • Tax Book Number: 130.00
  • Tax Lot: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2021
Sold by
Maheshwari Deepak
Bought by
Noon Kikers Llc
Current Estimated Value
$1,155,942

Purchase Details

Closed on
Mar 8, 2021
Sold by
Maheshwari Renu Satyanarayan and Maheshwari Deepak
Bought by
Maheshwari Deepak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2019
Sold by
Rafiq Muhammad and Rafiq Ulfat
Bought by
Rafiq Muhammad and Rafiq Ulfat

Purchase Details

Closed on
May 22, 2018
Sold by
Monterey At Holiday Park Llc
Bought by
Beers Donald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2016
Closed on
Mar 1, 2016
Sold by
Listyon Gondo
Bought by
Monterey At Holiday Park Llc
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Jason Rodgers
Visionary Properties
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%

Purchase Details

Closed on
Mar 19, 2015
Sold by
6708 E Monterey Way Llc
Bought by
Listyo Gondo

Purchase Details

Closed on
Dec 22, 2008
Sold by
Paying Cash For Housescom Llc
Bought by
U Fixem Properties Llc

Purchase Details

Closed on
Dec 18, 2008
Sold by
U Fixem Properties Llc
Bought by
6708 E Monterey Way Llc

Purchase Details

Closed on
Dec 1, 2008
Sold by
First Horizon Home Loans
Bought by
Paying Cash Houses Com Llc

Purchase Details

Closed on
Mar 21, 2008
Sold by
Joyner Steven M and Joyner Tameka J
Bought by
First Horizon Home Loans

Purchase Details

Closed on
Apr 6, 2005
Sold by
Peagler Marc
Bought by
Joyner Steven M and Joyner Tameka J

Purchase Details

Closed on
Dec 15, 2003
Sold by
Peagler Berri
Bought by
Peagler Marc

Purchase Details

Closed on
Mar 20, 2002
Sold by
Vandriessche Paul and Vandriessche Paul
Bought by
Peagler Marc

Purchase Details

Closed on
Aug 3, 2001
Sold by
Schneider Jay R and Schneider Alexandra P
Bought by
Vandriessche Paul and Vandriessche Paul

Purchase Details

Closed on
Aug 2, 2001
Sold by
Schneider Jay R
Bought by
Schneider Jay R and Schneider Alexandra P

Purchase Details

Closed on
Mar 22, 1999
Sold by
Schneider Alexa P
Bought by
Schneider Jay R

Purchase Details

Closed on
Aug 9, 1996
Sold by
Niemiec Leonard R and Niemiec Leonard R
Bought by
Schneider Jay R
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
Noon Kikers Llc -- None Available
Maheshwari Deepak -- First Arizona Title Agency
Maheshwari Deepak $840,000 First Arizona Title
Rafiq Muhammad -- None Available
Beers Donald E $475,000 American Title Service Agenc
Monterey At Holiday Park Llc $322,000 First Arizona Title Agency
Listyo Gondo $300,000 First Arizona Title Agency
U Fixem Properties Llc $160,000 Chicago Title
6708 E Monterey Way Llc $173,900 Chicago Title
Paying Cash Houses Com Llc $152,250 None Available
First Horizon Home Loans $299,200 Lawyers Title Company
Joyner Steven M $317,000 First American Title Ins Co
Peagler Marc -- Century Title Agency Inc
Peagler Marc -- Century Title Agency Inc
Peagler Marc $226,500 Stewart Title & Trust
Vandriessche Paul $190,000 First American Title
Schneider Jay R -- First American Title
Schneider Jay R -- Grand Canyon Title Agency In
Schneider Jay R $105,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maheshwari Deepak $630,000
Previous Owner Beers Donald E $327,000
Previous Owner Monterey At Holiday Park Llc $302,000
Previous Owner Listyo Gondo $250,000
Previous Owner Joyner Steven M $253,600
Previous Owner Peagler Marc $223,282
Previous Owner Peagler Marc $223,344
Previous Owner Vandriessche Paul $171,000
Previous Owner Schneider Jay R $94,500
Closed Joyner Steven M $47,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $325,000 0.0% $367 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
01/23/2016 01/23/16 For Sale $325,000 -- $367 / 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 $1,504 $21,662 -- --
2024 $1,491 $20,630 -- --
2023 $1,491 $77,910 $15,580 $62,330
2022 $1,407 $54,410 $10,880 $43,530
2021 $1,496 $45,530 $9,100 $36,430
2020 $1,484 $38,400 $7,680 $30,720
2019 $1,443 $30,650 $6,130 $24,520
2018 $1,393 $27,820 $5,560 $22,260
2017 $1,338 $26,110 $5,220 $20,890
2016 $1,314 $23,400 $4,680 $18,720
2015 $1,250 $21,770 $4,350 $17,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5387931

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-47-116