NOT LISTED FOR SALE

6824 E 4th St Scottsdale, AZ 85251

Old Town Scottsdale Neighborhood
2 Beds
2 Baths
1,000 Sq Ft
1959 Built

Last Sold February 28, 2019

Last sale price $4,051,000 $4,051 Per Sq Ft

37 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available
  • Heated Community Pool

About This Home

As of February 2019

***38-U PORTFOLIO SALE: CAN BE ACQUIRED SEPARATELY (MLS#5814726- Royal Palms)***

OUTSTANDING LOCATION! Unique 26-unit boutique garden apt complex within highly desirable Downtown Scottsdale (DTS). R-5 and in DT Overlay for REDEVELOPMENT. Each unit individually metered for electric and with separate HVAC. Situated on a quiet 1+ acre cul-de-sac parcel, within walking distance to DTS Jobs, Restaurants, Shops, and Entertainment District. The property offers residents Spacious Floor Plans, Lush Landscaping, Beautiful Pool, and Covered Parking. VERY FEW MF OFFERINGS IN DTS, an INCREDIBLE OPPORTUNITY to acquire a Well-Maintained 38-unit Portfolio with Rental Upside (Shalimar 10-unit LURA in place until APR 2024; Royal 8-unit LURA in place until May 202

Last Agent to Sell the Property

Bob Farrell

Beacon Investment Real Estate License #BR554204000 Listed on: 09/01/2018

Co-Listed By

Joe Dietz

Beacon Investment Real Estate License #SA549120000

Last Buyer's Agent

Bob Farrell

Beacon Investment Real Estate License #BR554204000 Listed on: 09/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,737

Year Built

  • Built in 1959

Home Design

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

Flooring

  • Wood Flooring

Parking

  • 5 Open Parking Spaces
  • 32 Parking Spaces
  • 27 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping, pool/spa maintenance
  • Tax Lot 3
  • Assessor Parcel Number 130-10-037-C

Community Details

Overview

  • 7 Buildings
  • 26 Units
  • Building Dimensions are 44383
  • Azura Scottsdale Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $6,737

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,737

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 68th Street & Indian School Rd
  • Property Type: Multiple Dwellings
  • Zoning: R-5, DO
  • Number Of Buildings: 7
  • Year Built: 1959
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: mlso106
  • Co List Office Phone: 480-634-6934
  • Subdivision Name: AZURA SCOTTSDALE
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: See Remarks, Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 27.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 32.0
  • General Property Description:Covered Parking Spcs: 27.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 32.0
  • Parking:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Community Amenities:Pool2: Yes

Lot Info

  • Lot Size: 44383
  • Additional Parcels: No
  • Parcel #: 130-10-037-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Cable TV
  • Number Of Units Total: 26
  • Annual Operating Expense: 6737.0

Tax Info

  • Tax Annual Amount: 6737.0
  • Tax Book Number: 130.00
  • Tax Lot: 3

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $4,051,000 -7.9% $4,051 / Sq Ft
12/28/2018 12/28/18 For Sale $4,400,000 0.0% $4,400 / Sq Ft
12/28/2018 12/28/18 Price Changed $4,400,000 0.0% $4,400 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
09/13/2018 09/13/18 Price Changed $4,400,000 -4.3% $4,400 / Sq Ft
09/13/2018 09/13/18 Price Changed $4,600,000 -3.2% $4,600 / Sq Ft
08/31/2018 08/31/18 For Sale $4,750,000 -- $4,750 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bob Farrell

    Seller's Agent in 2019

    Bob Farrell

    Beacon Investment Real Estate

    (602) 790-0567

    2 Total Sales

    Bob Farrell
    Section Image
  • Joe Dietz

    Seller Co-Listing Agent in 2019

    Joe Dietz

    Beacon Investment Real Estate

    (602) 524-0418

    2 Total Sales

    Joe Dietz
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5814645

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Scottsdale 85251 Old Town Scottsdale

6824 E 4th St, Scottsdale, AZ

This home is located at 6824 E 4th St, Scottsdale, AZ 85251 since 01 September 2018. This property was built in 1959. 6824 E 4th St is a home located in Maricopa County with nearby schools including Tonalea Middle School, Coronado High School, and Hirsch Academy A Challenge Foundation.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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