NOT LISTED FOR SALE

Estimated Value: $1,164,000 - $1,172,000

-- Bed
-- Bath
2,891 Sq Ft
$404/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $215,000 $74 Per Sq Ft

Est. 443% increase in value since last sale

Current estimated payment $6,558/month

233 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Tavan Elementary School Rated A
  • Central Heating and Cooling System
  • 5-minute walk to Paiute Park

About This Home

As of November 2014

All units updated in 2009 and have tile floors, appliances, and individual air conditioning/heating. 1 year Home Warranty in place, and will convey. Attached laundry room for possible additional income. Washers and dryers are coin operated, and leased from 3rd party through May 2014.

Last Agent to Sell the Property

Sandra Lezalla

Realty ONE Group License #SA027904000 Listed on: 02/10/2014

Last Buyer's Agent

Richard Scott

Eco-Realty License #BR513444000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $960

Year Built

  • Built in 1958

Lot Details

  • Property fronts an alley

Parking

  • On-Street Parking

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Schools

  • Arcadia High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 46
  • Assessor Parcel Number 130-47-090

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7726
  • Holiday Park Subdivision

Building Details

  • Operating Expense $5,076
  • Gross Income $22,609

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$960

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 68th Street & Osborn
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2013
  • Directions: North on 68th Street, RIGHT on Cheery Lynn into Holiday Park, take first RIGHT, Road curves to LEFT and turns into Monterey Way. Property on LEFT.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: Holiday Park
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Street Parking
  • Attached Garage: No
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: 2 or More Units, Central A/C, Individual, Electric, Ceiling Fan(s)
  • Heating: Individual, Central, Heat Pump, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District

Lot Info

  • Lot Size: 7726
  • Additional Parcels: No
  • Parcel #: 130-47-090

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 22609.0
  • Insurance Expense: 1336.0
  • Maintenance Expense: 2780.0
  • Annual Operating Expense: 5076.0

Tax Info

  • Tax Annual Amount: 960.0
  • Tax Book Number: 130.00
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2021
Sold by
S And S Valley Investments Llc
Bought by
Holiday Park Llc
Current Estimated Value
$1,168,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$948,271
Interest Rate
2.6%
Mortgage Type
Commercial
Estimated Equity
$168,062

Purchase Details

Listed on
Feb 10, 2014
Closed on
Oct 25, 2014
Sold by
Scott Richard
Bought by
S & S Valley Investments Llc
Seller's Agent
Sandra Lezalla
Realty ONE Group
Buyer's Agent
Richard Scott
Eco-Realty
List Price
$239,000
Sold Price
$215,000
Premium/Discount to List
-$24,000
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.66%
Original Mortgage
$215,000
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Listed on
Feb 10, 2014
Closed on
Oct 2, 2014
Sold by
Monterey Plex Llc
Bought by
Scott Richard
Seller's Agent
Sandra Lezalla
Realty ONE Group
Buyer's Agent
Richard Scott
Eco-Realty
List Price
$239,000
Sold Price
$215,000
Premium/Discount to List
-$24,000
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
May 21, 2009
Sold by
Lezalla Nicole Alison and Tarantini Maryann
Bought by
Monterey Plex Llc

Purchase Details

Closed on
Apr 28, 2009
Sold by
Tarantini Savino
Bought by
Tarantini Maryann

Purchase Details

Closed on
Feb 23, 2009
Sold by
Eshaghian Iradj
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 23, 2004
Sold by
Eshaghian Vida
Bought by
Eshaghian Iradj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
5.69%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 2, 2004
Sold by
Monterey Apartments Llc
Bought by
Bruner Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
9.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2003
Sold by
Carlson Thomas J
Bought by
Monterey Apartments Llc

Purchase Details

Closed on
Dec 21, 2002
Sold by
Carlson Pamela C
Bought by
Carlson Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2001
Sold by
Carlson Thomas J
Bought by
Carlson Pamela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
7.03%

Purchase Details

Closed on
Jun 12, 1998
Sold by
Wuthrich Robert D
Bought by
Carlson Thomas J and Carlson Pamela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
7.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Holiday Park Llc $700,000 Fidelity Natl Ttl Agcy Inc
S & S Valley Investments Llc -- None Available
Scott Richard $215,000 First American Title Ins Co
Monterey Plex Llc -- None Available
Tarantini Maryann -- First American Title Ins Co
Lezalla Nicole Alison $115,000 First American Title Ins Co
The Bank Of New York Mellon $178,500 Accommodation
Eshaghian Iradj -- First American Title Ins Co
Eshaghian Iradj $310,000 First American Title Ins Co
Bruner Steven $275,000 Capital Title Agency Inc
Monterey Apartments Llc -- First American Title
Carlson Thomas J $220,000 First American Title Ins Co
Carlson Pamela C -- First American Title
Carlson Thomas J $112,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holiday Park Llc $1,050,000
Previous Owner Pecos & Higley Llc $8,000,000
Previous Owner Scott Richard $215,000
Previous Owner Eshaghian Iradj $31,000
Previous Owner Eshaghian Iradj $248,000
Previous Owner Bruner Steven $261,250
Previous Owner Carlson Thomas J $142,000
Previous Owner Carlson Pamela C $141,600
Previous Owner Carlson Thomas J $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2014 11/06/14 Sold $215,000 -10.0% $74 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $239,000 -- $83 / 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 $18,463 -- --
2024 $1,271 $17,584 -- --
2023 $1,271 $65,380 $13,070 $52,310
2022 $1,199 $46,400 $9,280 $37,120
2021 $1,276 $38,800 $7,760 $31,040
2020 $1,265 $32,500 $6,500 $26,000
2019 $1,230 $26,000 $5,200 $20,800
2018 $1,187 $23,630 $4,720 $18,910
2017 $1,140 $22,160 $4,430 $17,730
2016 $1,120 $19,710 $3,940 $15,770
2015 $1,065 $18,360 $3,670 $14,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5067805

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-47-090