NOT LISTED FOR SALE

Estimated Value: $834,000 - $1,131,000

Studio
-- Bath
2,472 Sq Ft
$390/Sq Ft Est. Value

Sale Details

Date Sold: September 23, 2020

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

Est. 37% increase in value since last sale

Current estimated payment $5,220 / mo

4 Days on Market

Highlights

  • Cooling Available
  • Tavan Elementary School Rated A
  • Heating Available

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

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

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2023
Sold by
Bickler Eric V
Bought by
Bickler Eric V and Masai Kaitlyn
Current Estimated Value
$964,947

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 15, 2020
Sold by
Ammon Jonathan J
Bought by
Bickler Eric V
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
5.88%
Original Mortgage
$672,923
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Jun 15, 2017
Sold by
Ammon John R
Bought by
Ammon Jonathan J

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
Three D Partners Inc
Bought by
Ammon Jonathan J and Ammon John R
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
11.01%
Original Mortgage
$248,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2006
Sold by
Etemad Amir and Etemad Roza
Bought by
Three D Partners Inc

Purchase Details

Closed on
Jun 26, 2003
Sold by
Arroyo Francisca P
Bought by
Etemad Amir and Etemad Roza

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
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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
Bickler Eric V -- --
Bickler Eric V $702,000 Great American Ttl Agcy Inc
Ammon Jonathan J -- Security Title Agency Inc
Ammon Jonathan J $325,000 First Arizona Title Agency
Three D Partners Inc $344,000 Fidelity National Title
Etemad Amir $218,600 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bickler Eric V $672,923
Previous Owner Ammon Jonathan J $356,250
Previous Owner Ammon Jonathan J $248,000
Previous Owner Etemad Amir $174,850
Closed Three D Partners Inc $0
Source: Public Records

Property History

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

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
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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