NOT LISTED FOR SALE

Estimated Value: $874,000 - $1,274,000

Studio
-- Bath
2,472 Sq Ft
$414/Sq Ft Est. Value

Sale Details

Date Sold: September 23, 2020

Last sale price $702,000 $284 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,714 / mo

4 Days on Market

About This Home

As of September 2020

South Scottsdale gem!!! This fully renovated triplex is achieving top market rents as well as low expenses. This triplex features two 2/1 units as well as a 1/1 unit. Won't last long!

Last Agent to Sell the Property

Chad Barber

Fenix CRE License #BR646108000 Listed on: 07/15/2020

Last Buyer's Agent

Eric Williamson

Orchard Brokerage License #SA579896000

Orchard Brokerage
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,141

Year Built

  • Built in 1958

Lot Details

  • 9,583

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water, sewer, landscaping
  • Tax Lot 319
  • Assessor Parcel Number 130-05-081-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 88x90
  • Southwest Village Unit 3 Subdivision

Building Details

  • Operating Expense $7,478
  • Gross Income $53,712
  • Net Operating Income $46,295

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,141

Year Built

Built in 1958

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Cross Street: 68th st and Osborn
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: r1-7
  • Number Of Buildings: 1
  • Year Built: 1958
  • Tax Year: 2019
  • Road Surface Type: Alley
  • Subdivision Name: SOUTHWEST VILLAGE UNIT 3
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks
  • Amenities: Other

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Fuel Expense: 462.0
  • Annual Water Sewer Expense: 1478.0

Lot Info

  • Lot Size: 88x90
  • Additional Parcels: No
  • Parcel #: 130-05-081-A

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Electric Expense: 1554.0
  • Annual Gross Income: 53712.0
  • Insurance Expense: 1100.0
  • Maintenance Expense: 893.0
  • Property Net Operating Income: 46295.0
  • Annual Operating Expense: 7478.0

Tax Info

  • Tax Annual Amount: 1141.0
  • Tax Book Number: 130.00
  • Tax Lot: 319

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2023
Sold by
Bought by
Current Estimated Value
$1,022,711

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 15, 2020
Sold by
Bought by
Seller's Agent
Chad Barber
Fenix CRE
Buyer's Agent
Eric Williamson
Orchard Brokerage
List Price
$800,000
Sold Price
$702,000
Premium/Discount to List
-$98,000
-12.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$672,923
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Jun 15, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2015
Closed on
Nov 19, 2015
Sold by
Bought by
Seller's Agent
Sandra Adler
Arizona Best Real Estate
Buyer's Agent
Zachary Cates
PROS Realty LLC
List Price
$345,000
Sold Price
$325,000
Premium/Discount to List
-$20,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$248,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,850
Interest Rate
5.26%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$702,000 Great American Ttl Agcy Inc
-- Security Title Agency Inc
$325,000 First Arizona Title Agency
$344,000 Fidelity National Title
$218,600 North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $672,923
Previous Owner $356,250
Previous Owner $248,000
Previous Owner $174,850
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2020 09/23/20 Sold $702,000 -12.3% $284 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $800,000 +146.2% $324 / Sq Ft
11/20/2015 11/20/15 Sold $325,000 -5.8% $131 / Sq Ft View Prior Sale
09/29/2015 09/29/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $345,000 -- $140 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,249 $17,689
2024 $1,183 $16,847
2023 $1,183 $64,550 $12,910 $51,640
2022 $1,122 $44,180 $8,830 $35,350
2021 $1,193 $39,610 $7,920 $31,690
2020 $1,182 $33,710 $6,740 $26,970
2019 $1,141 $29,520 $5,900 $23,620
2018 $1,104 $26,310 $5,260 $21,050
2017 $1,058 $26,400 $5,280 $21,120
2016 $1,037 $20,070 $4,010 $16,060
2015 $987 $15,960 $3,190 $12,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6103571

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-05-081A

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