NOT LISTED FOR SALE

7323 E Belleview St Scottsdale, AZ 85257

South Scottsdale Neighborhood
-- Bed
-- Bath
-- Sq Ft
2016 Built

Last Sold April 10, 2023

Last sale price $4,300,000

65 Days on Market

Highlights

  • Cooling Available
  • Yavapai Elementary School Rated A-
  • Heating Available

About This Home

As of April 2023

Matera Villas Townhomes are eight town homes 2016 construction townhomes near old town Scottsdale. These are separately parceled condo mapped townhomes with no HOA. All all 3 bedroom 2.5 bathroom units with covered parking. Tile roofs , frame construction stucco units. Floor plans are four 1,317 sq feet units and four 1557 sq foot units. Current rents are below market $2,200 to $2,400. Market rents are $2,900-$3,500. Individual metered for electric and easy care landscaping. Close to ASU the 202 freeway and near the 101. 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: 01/23/2023

Co-Listed By

Michael Gordon

Get Multifamily License #BR688636000

Last Buyer's Agent

Michael Gordon

Grace CRE License #BR688636000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,692

Year Built

  • Built in 2016

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 16 Parking Spaces
  • Carport
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer, trash collection, landscaping
  • Tax Lot 1001-08
  • Assessor Parcel Number 131-38-261

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are 13089
  • Matera Villas Condominium Subdivision

Building Details

  • Operating Expense $43,092
  • Gross Income $279,360
  • Net Operating Income $236,268

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,692

Year Built

Built in 2016

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: McDowell and Scottsdale RD
  • Property Type: Multiple Dwellings
  • Zoning: [R-5] Multiple-
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2016
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Professional Management Expense: 13000.0
  • Co List Office Mls Id: grcr001
  • Co List Office Phone: 602-975-5516
  • Subdivision Name: MATERA VILLAS CONDOMINIUM
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer, W/D Hookup

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Tile

Garage/Parking

  • Total Covered Spaces: 16.0
  • Parking Features: Paved, Carport, >1 Space Per Unit
  • Attached Garage: No
  • Total Parking Spaces: 16.0

Utilities

  • Electric: SRP
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Electric
  • Security: Fire Sprinklers
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Trash Expense: 1200.0
  • Annual Water Sewer Expense: 5000.0

Schools

  • Elementary School: Other
  • High School: Other
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 13089
  • Additional Parcels: Yes
  • Parcel #: 131-38-261

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 8
  • Annual Gross Income: 279360.0
  • Insurance Expense: 3000.0
  • Maintenance Expense: 4000.0
  • Property Net Operating Income: 236268.0
  • Annual Operating Expense: 43092.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 15692.0
  • Tax Lot: 1001-08
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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 List to Sale Price per Sq Ft
04/10/2023 04/10/23 Sold $4,300,000 +1.2% --
03/29/2023 03/29/23 Pending -- -- --
01/23/2023 01/23/23 Price Changed $4,250,000 +1.2% --
01/23/2023 01/23/23 For Sale $4,200,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • Sophia Baron

    Seller's Agent in 2023

    Sophia Baron

    Get Multifamily

    (480) 375-0227

    10 in this area

    74 Total Sales

    Sophia Baron
    Section Image
  • Michael Gordon

    Seller Co-Listing Agent in 2023

    Michael Gordon

    Get Multifamily

    (858) 774-6058

    12 in this area

    68 Total Sales

    Michael Gordon
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6511097

Arizona Regional Multiple Listing Service (ARMLS)

APN: 131-38-269

Arizona Maricopa County Scottsdale 85257 South Scottsdale

7323 E Belleview St, Scottsdale, AZ

Not Listed for Sale

MultiFamily

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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