Apryle Borst
Arizona Best Real Estate
(623) 552-4268
55 Total Sales
1 in Indian Bend
$350,000 Price
7832 E Heatherbrae Ave Scottsdale, AZ 85251
Indian Bend NeighborhoodEstimated Value: $966,000 - $1,250,000
Studio
--
Baths
2,585
Sq Ft
$429/Sq Ft
Est. Value
Highlights
- Vinyl Flooring
- Navajo Elementary School Rated A-
- Heating Available
About This Home
As of March 2022This is not the ''value-add'' property you're looking for- that job has already been done on this property! Instead, this is a fantastic ''buy-it and leave it'' opportunity for busy professionals who need to decrease their tax liability while increasing their real estate portfolio. Scottsdale has consistently been one of the favorite ''buys'' for multi-family investors because of the draw the area has for young professionals, vacationers, celebrities and business development. This property currently has a consistent income stream with very low operating costs, all due to the master tenants' leases that are in place. Currently operating through an arbitrage as a Short-Term Vacation Rental, this property is essentially maintenance free w/ the tenant paying all utilities, & repairs under 300.
Last Agent to Sell the Property
eXp Realty License #SA676496000 Listed on: 01/25/2022
Last Buyer's Agent
Melissa Twitchell
eXp Realty License #SA676496000
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,200
Year Built
- Built in 1959
Lot Details
- 10,106
Parking
- On-Street Parking
Home Design
- Composition Roof
- Block Exterior
Flooring
- Vinyl Flooring
Utilities
- Cooling Available
- Heating Available
- Separate Meters
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 7
- Assessor Parcel Number 173-56-007
Community Details
Overview
- 3 Units
- Building Dimensions are 141.36 X 72.04 X 141.35 X 71.75
- Vista Larga Subdivision
Building Details
- Operating Expense $12,566
- Gross Income $69,288
- Net Operating Income $56,722
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 24, 2026
Sold by
Bought by
Current Estimated Value
Purchase Details
Closed on
Jul 19, 2022
Sold by
Bought by
Purchase Details
Listed on
Jan 25, 2022
Closed on
Mar 8, 2022
Sold by
Bought by
Seller's Agent
Melissa Twitchell
eXp Realty
Buyer's Agent
Melissa Twitchell
eXp Realty
List Price
$1,200,000
Sold Price
$1,207,000
Premium/Discount to List
$7,000
0.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.89%
Original Mortgage
$905,250
Interest Rate
3.55%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 22, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
3.09%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 7, 2020
Closed on
Dec 29, 2019
Sold by
Bought by
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$500,000
Sold Price
$500,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$350,000
Interest Rate
3.7%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 7, 2020
Closed on
Dec 27, 2019
Sold by
Bought by
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$500,000
Sold Price
$500,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 27, 2013
Sold by
Bought by
Purchase Details
Closed on
Mar 13, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 19, 2006
Sold by
Bought by
Purchase Details
Closed on
Apr 7, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,600
Interest Rate
6.89%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Indian Bend, AZ
-
Apryle Borst
-
Andrea Garcia
Andrea Garcia
Responds QuicklyKeller Williams Realty Sonoran Living
(623) 900-1696
268 Total Sales
4 in Indian Bend
$310K - $555K Price Range
-
James Kuttner
James Kuttner
RE/MAX Fine Properties
(623) 343-2925
103 Total Sales
6 in Indian Bend
$397K - $780K Price Range
-
Shauna Hooker
Shauna Hooker
eXp Realty
(623) 253-7542
38 Total Sales
1 in Indian Bend
$585,000 Price
-
Jeff Barchi
Jeff Barchi
RE/MAX Fine Properties
(623) 745-8297
188 Total Sales
6 in Indian Bend
$700K - $5.7M Price Range
-
Craig Binder
Craig Binder
Jason Mitchell Real Estate
(623) 439-8822
97 Total Sales
4 in Indian Bend
$480K - $2.5M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | Docstar Services Llc | ||
| $1,207,000 | Commonwealth Land Title | ||
| -- | Fidelity National Title | ||
| -- | Fidelity Natl Ttl Agcy Inc | ||
| $500,000 | Fidelity Natl Ttl Agcy Inc | ||
| -- | None Available | ||
| -- | Servicelink | ||
| -- | None Available | ||
| -- | Grand Canyon Title Agency In | ||
| -- | Grand Canyon Title Agency In | ||
| $300,000 | Grand Canyon Title Agency In | ||
| -- | -- | ||
| $214,500 | Equity Title Agency Inc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $905,250 | ||
| Previous Owner | $656,250 | ||
| Previous Owner | $350,000 | ||
| Previous Owner | $106,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $196,000 | ||
| Previous Owner | $171,600 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/22/2022 03/22/22 | Sold | $1,207,000 | +1.0% | $467 / Sq Ft | |
| 03/19/2022 03/19/22 | Price Changed | $1,195,000 | 0.0% | $462 / Sq Ft | |
| 03/12/2022 03/12/22 | Price Changed | $1,195,000 | 0.0% | $462 / Sq Ft | |
| 02/07/2022 02/07/22 | Pending | -- | -- | -- | |
| 02/05/2022 02/05/22 | Price Changed | $1,195,000 | -0.4% | $462 / Sq Ft | |
| 02/04/2022 02/04/22 | For Sale | $1,200,000 | 0.0% | $464 / Sq Ft | |
| 02/02/2022 02/02/22 | Pending | -- | -- | -- | |
| 01/25/2022 01/25/22 | For Sale | $1,200,000 | +140.0% | $464 / Sq Ft | |
| 12/31/2019 12/31/19 | Sold | $500,000 | 0.0% | $193 / Sq Ft | View Prior Sale |
| 12/15/2019 12/15/19 | Pending | -- | -- | -- | |
| 12/09/2019 12/09/19 | For Sale | $500,000 | -- | $193 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,257 | $17,796 | ||
| 2024 | $1,190 | $16,949 | ||
| 2023 | $1,190 | $64,780 | $12,950 | $51,830 |
| 2022 | $1,129 | $44,920 | $8,980 | $35,940 |
| 2021 | $1,200 | $39,730 | $7,940 | $31,790 |
| 2020 | $1,129 | $33,710 | $6,740 | $26,970 |
| 2019 | $1,091 | $29,670 | $5,930 | $23,740 |
| 2018 | $1,059 | $26,520 | $5,300 | $21,220 |
| 2017 | $1,010 | $26,370 | $5,270 | $21,100 |
| 2016 | $990 | $20,110 | $4,020 | $16,090 |
| 2015 | $945 | $15,970 | $3,190 | $12,780 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Twitchell
Seller's Agent in 2022
Melissa Twitchell
eXp Realty
(602) 456-0712
2 in this area
112 Total Sales
-
LK
Seller's Agent in 2020
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6346705
APN: 173-56-007
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.
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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