NOT LISTED FOR SALE

7120 E Becker Ln Scottsdale, AZ 85254

Estimated Value: $435,637

-- Bed
-- Bath
875 Sq Ft
$498/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $450,000 $514 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,432/month

236 Days on Market

Highlights

  • Community Kitchen
  • Central Air
  • Wood Fence
  • Sequoya Elementary School Rated A
  • Concrete Flooring
  • Heat Pump System

About This Home

As of May 2022

Sundown Plaza building built in 1974. Currently leased to a Pizza restaurant. Has interior and patio seating. Pole sign on site.
Lease in place.

Last Agent to Sell the Property

Ben Koerner

AZ Brokerage Holdings, LLC License #SA030920000 Listed on: 09/23/2021

Last Buyer's Agent

Francois Martinet

Net Land Realty License #BR507628000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,961

Year Built

  • Built in 1974

Lot Details

  • 2,554 Sq Ft Lot
  • Wood Fence
  • Property is zoned Com

Parking

  • Public Parking

Home Design

  • Tile Roof
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 875 Sq Ft Home
  • Concrete Flooring

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 83
  • Assessor Parcel Number 175-42-070

Community Details

Building Details

  • Gross Income $29,800
  • Net Operating Income $29,800

Additional Features

  • Sundown Plaza Subdivision
  • Community Kitchen

Property Details

Property Type

Other

Est. Annual Taxes

$1,961

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: Scottsdale Rd and Becker
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: Com
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2021
  • Directions: Go north on Scottsdale Rd to Becker (just north of Shea) west to property.
  • Lot Size Acres: 0.06
  • Road Surface Type: Dedicated Street
  • Subdivision Name: SUNDOWN PLAZA
  • Structure Type: Commercial
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 875.0

Exterior Features

  • Fencing: Wood
  • Disclosures: None
  • Construction Type: Block
  • Roof: Tile, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Parking Lot
  • Attached Garage: No
  • Parking Features Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Heat Pump
  • Green Building Features: Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 2554.0
  • Parcel #: 175-42-070

Multi Family

  • Annual Gross Income: 29800.0
  • Property Net Operating Income: 29800.0

Tax Info

  • Tax Annual Amount: 1961.0
  • Tax Book Number: 175.00
  • Tax Lot: 83
  • Tax Map Number: 42.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
May 16, 2022
Sold by
Dora K Tsantilas Trust
Bought by
Parkview Trio Llc
Seller's Agent
Ben Koerner
AZ Brokerage Holdings, LLC
Buyer's Agent
Francois Martinet
Net Land Realty
List Price
$1,200,000
Sold Price
$450,000
Premium/Discount to List
-$750,000
-62.5%
Current Estimated Value
$435,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,363
Avg. Annual Appreciation
-0.94%
Original Mortgage
$100,000
Outstanding Balance
$95,040
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$340,597

Purchase Details

Closed on
Aug 6, 1996
Sold by
Tsantilas Dora K
Bought by
Tsantilas Dora K and The Dora K Tsantilas Trust
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
Parkview Trio Llc $450,000 Pioneer Title
Tsantilas Dora K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parkview Trio Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2022 05/17/22 Sold $450,000 -43.7% $514 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
03/01/2022 03/01/22 Price Changed $799,999 -11.1% $914 / Sq Ft
02/06/2022 02/06/22 Price Changed $899,999 -10.0% $1,029 / Sq Ft
10/08/2021 10/08/21 Price Changed $999,999 -16.7% $1,143 / Sq Ft
09/22/2021 09/22/21 For Sale $1,200,000 -- $1,371 / 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 $1,826 $25,860 -- --
2024 $1,838 $25,398 -- --
2023 $1,838 $43,979 $22,032 $21,947
2022 $1,795 $41,388 $15,033 $26,355
2021 $1,961 $39,204 $15,462 $23,742
2020 $1,944 $32,760 $11,502 $21,258
2019 $1,876 $29,538 $10,962 $18,576
2018 $1,817 $32,382 $10,926 $21,456
2017 $1,740 $29,664 $10,926 $18,738
2016 $1,706 $27,234 $11,952 $15,282
2015 $1,669 $19,092 $12,358 $6,734
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Ben Koerner

    Realty Executives

  • Francois Martinet

    Buyer's Agent in 2022

    Francois Martinet

    Net Land Realty

    (480) 787-1529

    16 Total Sales

    Francois Martinet
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6297397

Arizona Regional Multiple Listing Service (ARMLS)

APN: 175-42-070

Arizona Maricopa County Scottsdale 85254

7120 E Becker Ln, 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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