NOT LISTED FOR SALE

Estimated Value: $578,054

3 Beds
2 Baths
1,457 Sq Ft
$397/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $306,000 $210 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,263/month

172 Days on Market

Highlights

  • Community Kitchen
  • Concrete Flooring
  • Heating Available
  • Central Air

About This Home

As of April 2017

RARE OPPORTUNITY!! office building, duplex, Frontage on Thomas Rd in Scottsdale. LIVE/WORK or use for office, zoned SR1 for commercial office or live/work, in downtown Scottsdale, parking in front and 8 spaces in back of building, 2 units can be opened up into one large office, updated bathrooms, granite counters, new paint inside and out, updated landscape, new parking in front, updated LED lighting, new thermal windows, ready to move in. OWNER/AGENT

Last Agent to Sell the Property

Tim Hunt

Epic Realty License #BR029023000 Listed on: 10/28/2016

Last Buyer's Agent

Dan O'leary

Fraland Real Estate License #SA629518000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,257

Year Built

  • Built in 1962

Lot Details

  • 6,014 Sq Ft Lot
  • Property is zoned S-R

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,457 Sq Ft Home
  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Inmar Terrace Subdivision
  • Community Kitchen
  • Operating Expense $4,307

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 129-02-017

Property Details

Property Type

Other

Est. Annual Taxes

$2,257

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 68th Street & Thomas
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: S-R
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1962
  • Tax Year: 2016
  • Directions: East of 68th Street, South Side of Thomas
  • Lot Size Acres: 0.14
  • Subdivision Name: INMAR TERRACE
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Kitchen, Showers - Office
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Showers - Office: Yes

Fee Information

  • Annual Water Sewer Expense: 250.0

Lot Info

  • Lot Size Sq Ft: 6014.0
  • Additional Parcels: No
  • Parcel #: 129-02-017
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 600.0
  • Insurance Expense: 1200.0
  • Annual Operating Expense: 4307.0

Tax Info

  • Tax Annual Amount: 2257.0
  • Tax Book Number: 129.00
  • Tax Lot: 17
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2016
Closed on
Apr 25, 2017
Sold by
Equitable Homes Inc
Bought by
Emerald Boot Llc
Seller's Agent
Tim Hunt
Epic Realty
Buyer's Agent
Dan O'leary
Fraland Real Estate
List Price
$399,900
Sold Price
$306,000
Premium/Discount to List
-$93,900
-23.48%
Current Estimated Value
$578,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,054
Avg. Annual Appreciation
8.13%

Purchase Details

Listed on
Sep 16, 2014
Closed on
Aug 4, 2015
Sold by
Thompson Wendy
Bought by
Equitable Homes Inc
Seller's Agent
Arnold Hickey
Phx Pro Realty
Buyer's Agent
Tim Hunt
Epic Realty
List Price
$295,000
Sold Price
$186,500
Premium/Discount to List
-$108,500
-36.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.51%

Purchase Details

Closed on
Mar 4, 2004
Sold by
Thompson Wendy and The Trust Of Ruth M Aldrich
Bought by
The Trust Of Ruth M Aldrich

Purchase Details

Closed on
May 18, 2000
Sold by
Aldrich Ruth M
Bought by
Aldrich Ruth M and The Trust Of Ruth M Aldrich

Purchase Details

Closed on
Aug 1, 1996
Sold by
Aldrich Larry and Aldrich Ruth
Bought by
Treat Judy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Emerald Boot Llc $306,000 Greystone Title Agency Llc
Equitable Homes Inc $186,500 Magnus Title Agency
The Trust Of Ruth M Aldrich -- --
Aldrich Ruth M -- --
Treat Judy -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2017 04/26/17 Sold $306,000 -23.5% $210 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
10/28/2016 10/28/16 For Sale $399,900 +114.4% $274 / Sq Ft
08/27/2015 08/27/15 Sold $186,500 -36.8% $128 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
09/12/2014 09/12/14 For Sale $295,000 -- $203 / 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 $2,386 $33,960 -- --
2024 $2,430 $33,354 -- --
2023 $2,430 $73,882 $41,480 $32,402
2022 $2,372 $52,746 $33,163 $19,583
2021 $2,590 $57,546 $34,110 $23,436
2020 $2,568 $55,152 $27,414 $27,738
2019 $2,480 $42,066 $26,100 $15,966
2018 $2,402 $38,808 $23,292 $15,516
2017 $2,301 $36,234 $23,292 $12,942
2016 $2,257 $34,884 $20,880 $14,004
2015 $2,208 $26,881 $18,315 $8,566
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5517739

Arizona Regional Multiple Listing Service (ARMLS)

APN: 129-02-017