NOT LISTED FOR SALE

7014 E Camelback Rd Scottsdale, AZ 85251

Old Town Scottsdale Neighborhood
Studio
3 Baths
828 Sq Ft
1971 Built

Sale Details

Date Sold: June 3, 2020

Last sale price $590,000 $713 Per Sq Ft

81 Days on Market

About This Home

As of June 2020

We are pleased to announce Glen West Estates. These are very nice units with private yards. These units are all two bedroom one bath units. All units are fully rented with long term tenants below market rents at 600. All tenants are on a month to month lease. Current market rents are at 800-850. All units have covered parking and central air conditioning. You must buy 7014 n 68th Dr next for $295,000 for total of $590,000. Being currently sold as is.
All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of sale.

Last Agent to Sell the Property

Sophia Baron

Get Multifamily License #BR648866000 Listed on: 02/22/2020

Co-Listed By

Joshua Willets

Grace CRE License #BR675965000

Last Buyer's Agent

Corey Wilson

HomeSmart License #SA679809000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,536

Year Built

  • Built in 1971

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 12 Parking Spaces
  • 6 Covered Spaces

Schools

  • Desert Spirit Elementary And Middle School
  • Glendale High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Natural Gas Not Available
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 143-28-013

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Building Dimensions are 7187

Building Details

  • Operating Expense $13,936
  • Gross Income $58,140
  • Net Operating Income $44,204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,536

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 67TH. AVE. / GLENDALE
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: grcr001
  • Co List Office Phone: 602-975-5516
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 12.0

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Other, See Remarks
  • Heating: Electric, Varies by Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Trash Expense: 2000.0
  • Annual Water Sewer Expense: 3500.0

Schools

  • Elementary School: Desert Spirit
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Desert Spirit

Lot Info

  • Lot Size: 7187
  • Additional Parcels: No
  • Parcel #: 143-28-013

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 6
  • Annual Gross Income: 58140.0
  • Insurance Expense: 2400.0
  • Maintenance Expense: 3500.0
  • Property Net Operating Income: 44204.0
  • Annual Operating Expense: 13936.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1536.0
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2013
Sold by
Scottsdale Fashion Square Partnership
Bought by
Scottsdale Fashion Square Llc
Source: Public Records
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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
Scottsdale Fashion Square Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2020 06/03/20 Sold $590,000 0.0% $713 / Sq Ft
02/22/2020 02/22/20 For Sale $590,000 -- $713 / 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 $2,232,342 $31,610,174 -- --
2024 $2,246,152 $31,045,707 -- --
2023 $2,246,152 $30,463,320 $6,856,491 $23,606,829
2022 $2,232,370 $32,208,506 $7,984,673 $24,223,833
2021 $2,439,605 $34,176,096 $8,328,222 $25,847,874
2020 $2,418,307 $32,777,352 $8,725,212 $24,052,140
2019 $2,333,529 $32,048,712 $8,368,542 $23,680,170
2018 $2,259,597 $30,238,863 $8,308,368 $21,930,495
2017 $2,164,072 $30,238,863 $8,308,368 $21,930,495
Source: Public Records

Agents Affiliated with this Home

  • Sophia Baron

    Seller's Agent in 2020

    Sophia Baron

    Get Multifamily

    (480) 375-0227

    67 Total Sales

    Sophia Baron
    Section Image
  • Joshua Willets

    Seller Co-Listing Agent in 2020

    Joshua Willets

    Grace CRE

    (561) 473-4477

    17 Total Sales

    Joshua Willets
    Section Image

  • C

    Buyer's Agent in 2020

    Corey Wilson

    HomeSmart

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6041119

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-37-009A

Arizona Maricopa County Scottsdale 85251 Old Town Scottsdale

7014 E Camelback Rd, Scottsdale, AZ

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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