$600,000
SOLD APR 21, 2025
-- Bed
-- Bath
1,872 Sq Ft
6,490 Sq Ft Lot

Recently Sold

$321 Per Sq Ft

8% Below List Price

50 Days on Market

Highlights

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Ceiling Fan
  • Ceramic Tile Flooring

About This Home

As of April 2025

Looking for a fantastic investment opportunity? This fully occupied, well-maintained duplex is perfectly located near Old Town Scottsdale and all the area has to offer. Two, 2 Bedroom 1 Bath Units. Each unit is just over 900 square feet and has a private, fenced yard. Separate outside storage for both units. Carport parking for both units. Unit 1 AC newer (2019). New foam on roof in 2022 with 5 year transferable warranty. Please do not disturb tenants or walk the property.

Last Agent to Sell the Property

Parvaneh Brumand-Far

Realty ONE Group License #SA649239000 Listed on: 02/06/2025

Realty ONE Group

Co-Listed By

Vicki Stumberg

Realty ONE Group License #SA529726000

Last Buyer's Agent

Ana Woods

Dominion Group Properties License #SA115711000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,163

Year Built

  • Built in 1970

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Free Parking
  • Paved Parking
  • Assigned Parking

Schools

  • Echo Canyon K-8 Elementary And Middle School
  • Coronado High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 58
  • Assessor Parcel Number 130-15-066

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6,501 sq ft
  • Western Villa Subdivision

Building Details

  • Operating Expense $3,945
  • Gross Income $37,020
  • Net Operating Income $35,253

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,163

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: 68th St & Thomas Rd
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-2, R-7, R1-7
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2024
  • Directions: From Thomas Rd, turn North onto 68th St and East onto Avalon Drive. Home is on the North side of the street.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reog08
  • Co List Office Phone: 602-953-4000
  • Subdivision Name: WESTERN VILLA
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Refrigerator, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Brick Veneer, Stucco, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Paved, Free, Assigned, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features Free2: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), 2 or More Units
  • Heating: Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 726.0
  • Annual Water Sewer Expense: 1041.0

Schools

  • Elementary School: Echo Canyon K-8
  • High School: Coronado High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Echo Canyon K-8

Lot Info

  • Lot Size: 6,501 sq ft
  • Additional Parcels: No
  • Parcel #: 130-15-066

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 37020.0
  • Property Net Operating Income: 35253.0
  • Annual Operating Expense: 3945.0

Tax Info

  • Tax Annual Amount: 1163.0
  • Tax Book Number: 130.00
  • Tax Lot: 58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Apr 16, 2025
Sold by
Shelton Family 1995 Trust and Shelton Darryl F
Bought by
Giragosian Raymond and Mohadjeri Regina
Seller's Agent
Parvaneh Brumand-Far
Realty ONE Group
Buyer's Agent
Ana Woods
Dominion Group Properties
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Total Days on Market
50
Views
37
Current Estimated Value
$617,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,611
Avg. Annual Appreciation
8.03%
Original Mortgage
$420,000
Outstanding Balance
$415,568
Interest Rate
5.79%
Mortgage Type
New Conventional
Estimated Equity
$202,293

Purchase Details

Listed on
Feb 15, 2016
Closed on
Jun 23, 2016
Sold by
Datco 7 Llc
Bought by
Shelton Tina J and Shelton Darryl F
Seller's Agent
Thomas Hormann
HomeSmart
Buyer's Agent
Parvaneh Brumand-Far
Realty ONE Group
List Price
$257,500
Sold Price
$227,000
Premium/Discount to List
-$30,500
-11.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%
Original Mortgage
$152,250
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2012
Closed on
Jul 11, 2012
Sold by
Bills Francis A and Bills Lois A
Bought by
Datco 7 Llc
Seller's Agent
Jim Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Thomas Hormann
HomeSmart
List Price
$165,000
Sold Price
$162,000
Premium/Discount to List
-$3,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$162,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1996
Sold by
Bills Francis A and Bills Lois A
Bought by
Bills Francis A and Bills Lois A
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
Warranty Deed $600,000 Pioneer Title Agency
Warranty Deed $227,000 Driggs Title Agency Inc
Warranty Deed $162,000 Lawyers Title Of Arizona Inc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $152,250 New Conventional
Previous Owner $162,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Sold $600,000 -7.7% $321 / Sq Ft
01/17/2025 01/17/25 For Sale $650,000 0.0% $347 / Sq Ft
10/07/2017 10/07/17 Rented $950 0.0% --
09/26/2017 09/26/17 For Rent $950 0.0% --
06/30/2016 06/30/16 Sold $227,000 -11.8% $121 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $257,500 +13.4% $138 / Sq Ft
05/13/2016 05/13/16 Off Market $227,000 -- --
02/15/2016 02/15/16 For Sale $265,000 +63.6% $142 / Sq Ft
07/25/2012 07/25/12 Sold $162,000 -1.8% $87 / Sq Ft
07/05/2012 07/05/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $165,000 -- $88 / 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 $1,163 $17,032 -- --
2024 $1,146 $16,221 -- --
2023 $1,146 $52,220 $10,440 $41,780
2022 $1,091 $35,530 $7,100 $28,430
2021 $1,160 $31,420 $6,280 $25,140
2020 $1,150 $26,810 $5,360 $21,450
2019 $1,115 $23,810 $4,760 $19,050
2018 $1,079 $21,710 $4,340 $17,370
2017 $1,034 $18,470 $3,690 $14,780
2016 $1,015 $16,010 $3,200 $12,810
2015 $967 $12,800 $2,560 $10,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6816249

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-15-066