$339,900
SOLD AUG 8, 2017
-- Bed
-- Bath
2,632 Sq Ft
8,799 Sq Ft Lot

Recently Sold

$129 Per Sq Ft

1 Day on Market

Highlights

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

About This Home

As of February 2021

CALLING ALL INVESTORS! Don’t miss out on your opportunity to own a fully occupied, well-maintained, single level fourplex. Each spacious unit has two bedrooms and one bath. Open kitchens. Easy-care flooring. One unit has a new 2015 A/C. Enclosed patios. Private off-street parking area on property. No busy streets. Bonus block construction. Electric individually metered. Great location just minutes to shopping, dining and entertainment in Old Town Scottsdale, Valley freeways and so much more! Please do not disturb the tenants or walk the property/drive by only.

Last Agent to Sell the Property

JoAnn Callaway

eXp Realty License #SA116490000 Listed on: 07/07/2017

Last Buyer's Agent

Jason Penrose

eXp Realty License #BR518159000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,197

Year Built

  • Built in 1970

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Assigned Parking

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • 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 $6,241
  • Gross Income $30,900
  • Net Operating Income $26,863

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,197

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: 68th St and Osborn Rd
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-family
  • Number Of Buildings: 1
  • Year Built: 1970
  • Tax Year: 2016
  • Directions: East to 67th St. South to Angus Dr. West to fourplex at the end of the street on the right.
  • Road Surface Type: Asphalt
  • Subdivision Name: LAS VIVIENDAS
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Electric, Ceiling Fan(s)
  • 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:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1886.0

Schools

  • Elementary School: Tavan Elementary School
  • High School: Arcadia High School
  • 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
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 30900.0
  • Insurance Expense: 1407.0
  • Maintenance Expense: 1400.0
  • Property Net Operating Income: 26863.0
  • Annual Operating Expense: 6241.0

Tax Info

  • Tax Annual Amount: 1197.0
  • 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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Warranty Deed $670,000 Lawyers Title Of Arizona Inc
Warranty Deed -- Lawyers Title Of Arizona Inc
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Warranty Deed $339,900 Lawyers Title Of Arizona Inc
Warranty Deed $305,000 American Title Svc Agency Ll
Warranty Deed $220,000 Chicago Title Agency Inc
Warranty Deed $120,000 Title Services Of The Valley
Warranty Deed -- None Available
Interfamily Deed Transfer -- Tsa Title Agency
Warranty Deed $345,000 Tsa Title Agency
Warranty Deed $150,000 Chicago Title Insurance Co
Warranty Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $502,500 New Conventional
Previous Owner $254,925 New Conventional
Previous Owner $50,000 Unknown
Previous Owner $146,925 New Conventional
Previous Owner $146,925 New Conventional
Previous Owner $110,000 Seller Take Back
Previous Owner $72,000 New Conventional
Previous Owner $276,000 Purchase Money Mortgage
Previous Owner $276,000 Purchase Money Mortgage
Previous Owner $150,000 Seller Take Back
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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5630000

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-47-140