$525,000
SOLD SEP 30, 2022

7616 E Polk St Scottsdale, AZ 85257

South Scottsdale Neighborhood
-- Bed
2 Baths
1,260 Sq Ft
0.3 Acres

Recently Sold

$417 Per Sq Ft

12% Below List Price

Highlights

  • 0.3 Acre Lot
  • 1-Story Property
  • 5-minute walk to Indian Bend Park
  • Tile Flooring

About This Home

As of September 2022

This home is located at 7616 E Polk St, Scottsdale, AZ 85257 and is currently priced at $525,000, approximately $416 per square foot. This property was built in 1960. 7616 E Polk St is a home located in Maricopa County with nearby schools including Yavapai Elementary School, Tonalea Middle School, and Coronado High School.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 09/05/2022

Last Buyer's Agent

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 09/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $757

Year Built

  • Built in 1960

Lot Details

  • 0.3 Acre Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,260 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Electricity To Lot Line
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • 2 Buildings

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$757

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • FILLYEARBUILT: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Flooring: Tile
  • Number Of Buildings: 2
  • Owner Pays: All Utilities
  • Full Bathrooms: 2
  • Stories: 1

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt Shingle
  • Construction Type: Wood Frame
  • Neighborhood: N/A

Utilities

  • Cooling: Other, See Remarks
  • Heating: Other - See Remarks, See Remarks
  • Utilities: Cable TV On-Site, Electricity On-Site, Water - City, WWT - Septic Conv
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Management: Mgmt Company
  • Assessments: 0.00

Lot Info

  • Zoning: R-5
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13029
  • Additional Parcels: No
  • AssessorsBook: 131
  • AssessorsMap: 15
  • AssessorsParcel: 1
  • LotNumber: 0
  • AssessorParcelLtr: L

Rental Info

  • RentLease: No

Tax Info

  • Year: 2021
  • Tax Annual Amount: 757
  • Tax Parcel Letter: 131-15-001L

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2022
Closed on
Sep 27, 2022
Sold by
Dsc3 Llc
Bought by
Polk Devco Llc
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$600,000
Sold Price
$525,000
Premium/Discount to List
-$75,000
-12.5%
Current Estimated Value
$865,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,667
Avg. Annual Appreciation
3.71%

Purchase Details

Listed on
May 16, 2022
Closed on
Jun 21, 2022
Sold by
Fa Charles E and Fa Ladawn
Bought by
Dsc3 Llc
Seller's Agent
Trent Powell
HomeSmart
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.99%
Original Mortgage
$405,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2014
Sold by
Powell Carroll L and Powell Charles E
Bought by
The Charles E & Ladawn Powell Revocable

Purchase Details

Closed on
May 20, 1997
Sold by
Powell Merle S
Bought by
Famil Powell Merle S and Merle S Powell Revocable Family Trust

Purchase Details

Closed on
Feb 10, 1997
Sold by
Sheehan Loura Bell and Sheehan Laura Bell
Bought by
Powell Merle Shelton
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $525,000 Empire Title Company Ltd
Warranty Deed $450,000 New Title Company Name
Interfamily Deed Transfer $450,000 Chicago Title Agency Inc
Interfamily Deed Transfer -- --
Cash Sale Deed $65,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $405,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $525,000 -12.5% $417 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
09/05/2022 09/05/22 For Sale $600,000 +33.3% $476 / Sq Ft
06/22/2022 06/22/22 Sold $450,000 0.0% $433 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $450,000 0.0% $433 / Sq Ft
05/17/2022 05/17/22 Off Market $450,000 -- --
05/16/2022 05/16/22 For Sale $450,000 -- $433 / Sq Ft
Source: Prescott Area Association of REALTORS®

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 $2,473 $36,544 $36,544 --
2024 $751 $34,804 $34,804 --
2023 $751 $28,560 $5,710 $22,850
2022 $713 $19,130 $3,820 $15,310
2021 $757 $17,900 $3,580 $14,320
2020 $751 $17,610 $3,520 $14,090
2019 $724 $15,180 $3,030 $12,150
2018 $701 $11,750 $2,350 $9,400
2017 $672 $11,710 $2,340 $9,370
2016 $659 $8,730 $1,740 $6,990
2015 $627 $9,010 $1,800 $7,210
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Trent Powell

    HomeSmart

    (480) 834-1525

    2 in this area

    5 Total Sales

    Trent Powell
    Section Image

  • L

    Seller's Agent in 2022

    Linda Gerchick

    Gerchick Real Estate

    Section Image

  • L

    Buyer's Agent in 2022

    Linda CCIM

    Stephen Magee Int'l Properties

See All Agents

Map

Source: Prescott Area Association of REALTORS®

MLS Number: 1050990

Prescott Area Association of REALTORS®

APN: 131-15-001L

Arizona Maricopa County Scottsdale 85257 South Scottsdale

7616 E Polk St, Scottsdale, AZ

This home is located at 7616 E Polk St, Scottsdale, AZ 85257 and is currently priced at $525,000, approximately $416 per square foot. This property was built in 1960. 7616 E Polk St is a home located in Maricopa County with nearby schools including Yavapai Elementary School, Tonalea Middle School, and Coronado High School.

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.

Prescott Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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