NOT LISTED FOR SALE

Estimated Value: $627,750 - $1,374,000

Studio
-- Bath
3,476 Sq Ft
$321/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $310,000 $89 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $5,935/month

4 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Tavan Elementary School Rated A

About This Home

As of April 2016

Location, location, location! This fantastic 4PLEX is located in the heart of Scottsdale! ALL 2 BEDROOMS, LARGEST BUILDING IN HOLIDAY PARK WITH PRIVATE COURTYARDS. NEW ROOF, 4 RECENTLY SIGNED LEASES AT $650/MONTH TILL NEXT YEAR JANUARY 12, 2017, ALL HAVE TILED FLOORS, Just minutes away from Scottsdale Fashion Square and plenty of shops/restaurants. If you're looking for a great investment, look no further! Don't miss out on this fantastic Scottsdale gem. 3 RECENT CLOSED COMPS ARE MLS # 5371845, 5333287, 5387931

Last Agent to Sell the Property

John Bell

West USA Realty License #BR537671000 Listed on: 03/24/2016

Last Buyer's Agent

Joe Unell

JSU Properties, LLC License #BR040075000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,219

Year Built

  • Built in 1958

Lot Details

  • 8,799

Home Design

  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Free Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water
  • Tax Lot 11
  • Assessor Parcel Number 130-47-055

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8804
  • Holiday Park 2 Subdivision

Building Details

  • Gross Income $31,200
  • Net Operating Income $26,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,219

Year Built

Built in 1958

Lot Details

8,799 Sq Ft Lot

Listing Details

  • Cross Street: Thomas Rd and 64th St
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2400.0
  • Subdivision Name: HOLIDAY PARK 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free, Add'l Parking Avail, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 2160.0

Schools

  • Junior High Dist: Scottsdale Unified District

Lot Info

  • Lot Size: 8804
  • Additional Parcels: No
  • Parcel #: 130-47-055

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 31200.0
  • Insurance Expense: 800.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 26000.0

Tax Info

  • Tax Annual Amount: 1219.0
  • Tax Book Number: 130.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2016
Closed on
Apr 19, 2016
Sold by
Lbgb Llc
Bought by
Levi Naomi and Sherman Sarah
Seller's Agent
John Bell
West USA Realty
Buyer's Agent
Joe Unell
JSU Properties, LLC
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%
Current Estimated Value
$1,116,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$806,188
Avg. Annual Appreciation
13.80%

Purchase Details

Closed on
Mar 30, 2010
Sold by
Bell John Patrick and Bell Laura
Bought by
Lbgb Llc

Purchase Details

Closed on
Nov 10, 2009
Sold by
Aurora Loan Services Llc
Bought by
Bell John Patrick and Bell Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2009
Sold by
Brouillette Barbara Lee
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 1, 2006
Sold by
Brouillette Elsworth L
Bought by
Brouillette Barbara Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
8.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 6, 2004
Sold by
Moore Arthur R
Bought by
Taylor Christopher R and Taylor Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,248
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2002
Sold by
Moyer Samuel H and Moyer Agnes M
Bought by
Moore Arthur R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.99%

Purchase Details

Closed on
May 21, 1998
Sold by
Moyer Samuel H and Moyer Agnes M
Bought by
Moyer Samuel H and Moyer Agnes M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.17%

Purchase Details

Closed on
Jul 2, 1997
Sold by
Moyer Samuel H and Moyer Agnes M
Bought by
Moyer Samuel H and Moyer Agnes M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Levi Naomi $310,000 Security Title Agency Inc
Lbgb Llc -- Accommodation
Bell John Patrick $140,000 Fidelity Natl Title Ins Co
Aurora Loan Services Llc $395,239 None Available
Brouillette Barbara Lee -- Great American Title Agency
Brouillette Barbara Lee $425,000 Great American Title Agency
Taylor Christopher R $260,000 Arizona Title Agency Inc
Moore Arthur R $225,000 American Title Insurance
Moyer Samuel H -- North American Title Agency
Moyer Samuel H -- North American Title Agency
Moyer Samuel H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell John Patrick $105,000
Previous Owner Brouillette Barbara Lee $340,000
Previous Owner Taylor Christopher R $235,248
Previous Owner Moore Arthur R $180,000
Previous Owner Moyer Samuel H $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $310,000 -3.1% $89 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $320,000 -- $92 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,524 $21,131 -- --
2024 $1,455 $20,125 -- --
2023 $1,455 $76,830 $15,360 $61,470
2022 $1,373 $53,650 $10,730 $42,920
2021 $1,460 $44,960 $8,990 $35,970
2020 $1,447 $37,750 $7,550 $30,200
2019 $1,408 $30,070 $6,010 $24,060
2018 $1,359 $27,300 $5,460 $21,840
2017 $1,305 $25,630 $5,120 $20,510
2016 $1,282 $22,880 $4,570 $18,310
2015 $1,219 $21,350 $4,270 $17,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5418429

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-47-055

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