NOT LISTED FOR SALE

6961 E 1st St Scottsdale, AZ 85251

Old Town Scottsdale Neighborhood

Estimated Value: $4,284,652

-- Bed
-- Bath
1,463 Sq Ft
$2,929/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $700,000 $478 Per Sq Ft

Est. 512% increase in value since last sale

Current estimated payment $24,577/month

55 Days on Market

Highlights

  • 0.21 Acre Lot
  • Concrete Flooring
  • Heating Available
  • Central Air
  • Partially Fenced Property

About This Home

As of August 2017

Charming Building with spacious patios and great parking in one of the hottest areas in Downtown Scottsdale. Perfect for office, retail, restaurant or a myriad of other uses. With over 20,000 vehicles per day passing by, this is the perfect business opportunity on a street that has been redeveloped in recent years with restaurants, luxury condos and townhouses. Conveniently located in the Center of Scottsdale, within walking distance to Entertainment, Shopping, Resorts, Upscale Dining, and Night Life.

Last Agent to Sell the Property

Joshua Peters

Russ Lyon Sotheby's International Realty Listed on: 07/04/2017

Last Buyer's Agent

Josh Peters

Realty ONE Group License #SA640957000

Realty ONE Group

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,408

Year Built

  • Built in 1965

Lot Details

  • 9,078 Sq Ft Lot
  • Property fronts an alley
  • Partially Fenced Property
  • Block Wall Fence
  • Property is zoned C2DO

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,463 Sq Ft Home
  • Concrete Flooring

Parking

  • 16 Open Parking Spaces
  • 16 Parking Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Duhame Hts. 1 Subdivision
  • Operating Expense $6,408

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 130-11-023

Property Details

Property Type

Other

Est. Annual Taxes

$6,408

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: First Street and Goldwater
  • Property Type: Comm/Industry Sale
  • Zoning: C2DO
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1965
  • Tax Year: 2016
  • Directions: First Street & Goldwater
  • Lot Size Acres: 0.21
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: DUHAME HTS. 1
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 1463.0

Exterior Features

  • Fencing: Block, Partial
  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 16.0
  • Total Parking Spaces: 16.0
  • General Property Description:Uncvrd Parking Spcs: 16.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 9078.0
  • Parcel #: 130-11-023
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 6408.0

Tax Info

  • Tax Annual Amount: 6408.0
  • Tax Book Number: 130.00
  • Tax Lot: 1
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2022
Sold by
Rdj Of Arizona Llc
Bought by
Highland Properties 1622 Llc
Current Estimated Value
$4,284,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,406,831
Outstanding Balance
$4,192,597
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$145,894
Source: Public Records

Range of Values:

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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
Highland Properties 1622 Llc $4,500,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highland Properties 1622 Llc $4,406,831
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $700,000 -12.4% $478 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
07/04/2017 07/04/17 For Sale $799,500 -- $546 / 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 $14,775 $211,748 -- --
2024 $15,046 $207,967 -- --
2023 $15,046 $297,194 $224,859 $72,335
2022 $14,695 $266,421 $197,313 $69,108
2021 $16,059 $272,196 $202,950 $69,246
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joshua Peters

    Russ Lyon Sotheby's International Realty

  • J

    Buyer's Agent in 2017

    Josh Peters

    Realty One Group

    (480) 788-7556

    1 in this area

    138 Total Sales

    Josh Peters
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5628436

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-11-499

Arizona Maricopa County Scottsdale 85251 Old Town Scottsdale

6961 E 1st St, Scottsdale, AZ

This home is located at 6961 E 1st St, Scottsdale, AZ 85251 since 04 July 2017 and is currently estimated at $4,284,652, approximately $2,928 per square foot. This property was built in 1965. 6961 E 1st 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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