NOT LISTED FOR SALE

Estimated Value: $724,000 - $1,125,000

-- Bed
-- Bath
2,632 Sq Ft
$363/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $670,000 $255 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,385/month

3 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Tavan Elementary School Rated A
  • Central Heating

About This Home

As of February 2021

Hopping rental neighborhood minutes from old town Scottsdale. This 4-plex is 100% occupied with nearly 0% annual vacancy. 3 of the units have new a/c systems, the other a/c was new in 2017. These are low maintenance, no pool, desert landscaping, no HOA! Please see 6714 E Monterey Way Scottsdale AZ 85251 these two buildings can be sold together or separate.

Last Agent to Sell the Property

Jason Penrose

eXp Realty License #BR518159000 Listed on: 01/08/2021

eXp Realty

Last Buyer's Agent

Michael Gordon

Grace CRE License #BR688636000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 1970

Lot Details

  • 8,799

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces

Schools

  • Tavan Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 10
  • Assessor Parcel Number 130-47-140

Community Details

Overview

  • 4 Units
  • Building Dimensions are 116 x 78
  • Las Viviendas Subdivision

Building Details

  • Operating Expense $5,792
  • Net Operating Income $28,677

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,352

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: Osborn & 68th St
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2020
  • Directions: Head South on 68th St: Turn right onto Osborn: Turn left onto 67th St: Property will be on the right!
  • Road Surface Type: Asphalt
  • Subdivision Name: LAS VIVIENDAS
  • Cooling:Ceiling Fan(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2160.0

Schools

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

Lot Info

  • Lot Size: 116 x 78
  • Additional Parcels: No
  • Parcel #: 130-47-140

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Insurance Expense: 1560.0
  • Property Net Operating Income: 28677.0
  • Annual Operating Expense: 5792.0
  • Vacancy Allowance Rate: 1743.0

Tax Info

  • Tax Annual Amount: 1352.0
  • Tax Book Number: 130.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2021
Sold by
Rathi Gaurav and Swami Suraj
Bought by
Evening Hikers Llc
Current Estimated Value
$954,349

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 1, 2021
Sold by
Astagi Spurthi and Swami Suraj
Bought by
Swami Suraj and Astagi Spurthi
Seller's Agent
Jason Penrose
eXp Realty
Buyer's Agent
Michael Gordon
Grace CRE
List Price
$675,000
Sold Price
$670,000
Premium/Discount to List
-$5,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$502,500
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2017
Closed on
Aug 3, 2017
Sold by
Haughey Wayne P
Bought by
H3 Investment Properties Llc
Seller's Agent
JoAnn Callaway
eXp Realty
Buyer's Agent
Jason Penrose
eXp Realty
List Price
$339,900
Sold Price
$339,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.13%
Original Mortgage
$254,925
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jul 13, 2017
Sold by
Haughey Melissa and Haughey Wayne P
Bought by
Haughey Wayne P and Haughey Melissa
Seller's Agent
JoAnn Callaway
eXp Realty
Buyer's Agent
Jason Penrose
eXp Realty
List Price
$339,900
Sold Price
$339,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,925
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2015
Sold by
Phoenix Fund Ipirg Llc
Bought by
Kosnik Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 4, 2014
Sold by
Crawford Charles E and Vanderhoff Mary K
Bought by
Phoenix Fund Ipirg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.34%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 19, 2010
Sold by
Blau Investments Llc
Bought by
Crawford Charles E and Vanderhoff Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2010
Sold by
Blau Aaron and Blau David
Bought by
Blau Investments Llc

Purchase Details

Closed on
May 13, 2005
Sold by
Blau Jennifer
Bought by
Blau David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2005
Sold by
Angus Fourplex Llc
Bought by
Blau Aaron and Blau David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2001
Sold by
Hoots Family Investments Ltd Partnership
Bought by
Angus Fourplex Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 8, 1996
Sold by
Hoots Donald C and Donald C Hoots Revocable Trust
Bought by
Hoots Family Investments Ltd Partnership
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
Evening Hikers Llc -- None Available
Swami Suraj -- Lawyers Title Of Arizona Inc
Rathi Gaurav -- Lawyers Title Of Arizona Inc
Rathi Gaurav $670,000 Lawyers Title Of Arizona Inc
H3 Investment Properties Llc -- Lawyers Title Of Arizona Inc
Haughey Wayne P -- Lawyers Title Of Arizona Inc
Haughey Wayne P $339,900 Lawyers Title Of Arizona Inc
Kosnik Carol $305,000 American Title Svc Agency Ll
Phoenix Fund Ipirg Llc $220,000 Chicago Title Agency Inc
Crawford Charles E $120,000 Title Services Of The Valley
Blau Investments Llc -- None Available
Blau David -- Tsa Title Agency
Blau Aaron $345,000 Tsa Title Agency
Angus Fourplex Llc $150,000 Chicago Title Insurance Co
Hoots Family Investments Ltd Partnership -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swami Suraj $502,500
Previous Owner Haughey Wayne P $254,925
Previous Owner Kosnik Carol $50,000
Previous Owner Kosnik Carol $146,925
Previous Owner Kosnik Carol $146,925
Previous Owner Phoenix Fund Ipirg Llc $110,000
Previous Owner Crawford Charles E $72,000
Previous Owner Blau David $276,000
Previous Owner Blau Aaron $276,000
Previous Owner Angus Fourplex Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $670,000 -0.7% $255 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $675,000 +98.6% $256 / Sq Ft
08/08/2017 08/08/17 Sold $339,900 0.0% $129 / Sq Ft
07/07/2017 07/07/17 For Sale $339,900 -- $129 / 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 $1,371 $19,733 -- --
2024 $1,359 $18,793 -- --
2023 $1,359 $59,980 $11,990 $47,990
2022 $1,282 $47,120 $9,420 $37,700
2021 $1,363 $42,860 $8,570 $34,290
2020 $1,352 $29,910 $5,980 $23,930
2019 $1,315 $27,300 $5,460 $21,840
2018 $1,269 $26,070 $5,210 $20,860
2017 $1,219 $21,670 $4,330 $17,340
2016 $1,191 $21,550 $4,310 $17,240
2015 $1,139 $17,370 $3,470 $13,900
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: 6178857

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-47-140