NOT LISTED FOR SALE

Estimated Value: $613,000 - $854,000

Studio
8 Baths
5,744 Sq Ft
$135/Sq Ft Est. Value

Sale Details

Date Sold: September 2, 2016

Last sale price $261,200 $45 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $4,246 / mo

9 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available

About This Home

As of September 2016

Awesome Duplex located close to Old town Scottsdale. BRAND NEW ROOF,Both A/C units just serviced (09/15)Awesome new roof Each unit features two large 2BR/2BA. Each with Eat-in-Kitchen and living room. 4 covered parking spots, washer and Dryer shared in the back room. Private covered Patio, block fence and separate storage units. Both units have tenants. living in unit #1 6year, unit #2 9yrs. 2 year leases in place on both units. ***DO NOT DISTURB TENANTS** Excellent investor opportunity in Scottsdale. Bus transportation 1/2 a block. Fashion Square and great restaurant are a bicycle ride away. ASU is about a 10 minute drive.

Last Agent to Sell the Property

Jonathan Hayes

HomeSmart Realty License #SA563938000 Listed on: 07/09/2016

Last Buyer's Agent

Amir Dorn

HomeSmart License #BR637991000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1969

Lot Details

  • 8,015

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Schools

  • Tonalea K-8 Elementary School
  • Supai Middle School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water
  • Tax Lot 157
  • Assessor Parcel Number 130-14-084-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 72 X 106
  • Western Villa 2 Subdivision

Building Details

  • Net Operating Income $1,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$800

Year Built

Built in 1969

Lot Details

8,015 Sq Ft Lot

Listing Details

  • Cross Street: 70th street / Thomas
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: M-M M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1969
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Subdivision Name: WESTERN VILLA 2
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Concrete
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_less_1 Space Per Unit: 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: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Satellite Dish: Yes

Schools

  • Elementary School: Tonalea K-8
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Supai Middle School

Lot Info

  • Lot Size: 72 X 106
  • Additional Parcels: No
  • Parcel #: 130-14-084-A

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 2
  • Property Net Operating Income: 1510.0

Tax Info

  • Tax Annual Amount: 800.0
  • Tax Book Number: 130.00
  • Tax Lot: 157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2016
Closed on
Sep 2, 2016
Sold by
Dorn Kristin
Bought by
Dorn Amir
Seller's Agent
Jonathan Hayes
HomeSmart Realty
Buyer's Agent
Amir Dorn
HomeSmart
List Price
$285,000
Sold Price
$261,200
Premium/Discount to List
-$23,800
-8.35%
Current Estimated Value
$775,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,782
Avg. Annual Appreciation
11.98%
Original Mortgage
$180,000
Outstanding Balance
$143,869
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$632,113

Purchase Details

Listed on
Jul 9, 2016
Closed on
Aug 29, 2016
Sold by
Jah Holdings Llc
Bought by
Dorn Amir
Seller's Agent
Jonathan Hayes
HomeSmart Realty
Buyer's Agent
Amir Dorn
HomeSmart
List Price
$285,000
Sold Price
$261,200
Premium/Discount to List
-$23,800
-8.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$143,869
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$632,113

Purchase Details

Closed on
Mar 25, 2014
Sold by
King Kay E
Bought by
Jah Holdings Llc and Logan Spirit2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2005
Sold by
Lau Bessie
Bought by
Lau Bessie

Purchase Details

Closed on
May 2, 1996
Sold by
Lau Bessie
Bought by
Lau Bessie and Lau Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dorn Amir -- Greystone Title Agency Llc
Dorn Amir $261,200 Greystone Title Agency Llc
Jah Holdings Llc $220,000 Equity Title Agency Inc
Lau Bessie -- Chicago Title Insurance Co
Lau Bessie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorn Amir $180,000
Previous Owner Jah Holdings Llc $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2016 09/02/16 Sold $261,200 -8.4% $45 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
07/09/2016 07/09/16 For Sale $285,000 -- $50 / 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 $1,238 $17,446 -- --
2024 $1,174 $16,615 -- --
2023 $1,174 $54,460 $10,890 $43,570
2022 $1,117 $36,760 $7,350 $29,410
2021 $1,188 $32,850 $6,570 $26,280
2020 $1,178 $28,060 $5,610 $22,450
2019 $1,142 $24,630 $4,920 $19,710
2018 $1,106 $22,350 $4,470 $17,880
2017 $1,059 $19,020 $3,800 $15,220
2016 $1,034 $16,610 $3,320 $13,290
2015 $991 $13,210 $2,640 $10,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5468584

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-14-084A

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