NOT LISTED FOR SALE

8450 E Coronado Rd Scottsdale, AZ 85257

South Scottsdale Neighborhood

Estimated Value: $639,000 - $778,000

-- Bed
-- Bath
2,052 Sq Ft
$346/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $250,000 $122 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $3,941/month

15 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Hohokam Traditional School Rated A

About This Home

As of September 2015

Excellent opportunity to occupy a residential rental in on of Scottsdale's hottest growth locations.
Duplex with larger 1050 sf floor plans.
Always stays rented and within minutes of ASU/Sky Song, Groupon, many of Scottsdale's' emerging Biotech companies and General Dynamics. Located a few minutes from ASU and stores and restaurants.

Last Agent to Sell the Property

James Hill

West USA Realty License #SA116827000 Listed on: 08/08/2015

West USA Realty

Last Buyer's Agent

Dennis Fiorillo

Realty ONE Group License #BR509595000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $914

Year Built

  • Built in 1963

Lot Details

  • 6,229

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 1031
  • Assessor Parcel Number 131-46-085

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6223
  • Cox Heights 7 Subdivision

Building Details

  • Operating Expense $914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$914

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: McDowell Rd & Granite Reef
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R1-7
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2014
  • Directions: Noth on Granite Reef/Mcdowell then right on Coronado
  • Road Surface Type: Asphalt
  • Subdivision Name: Cox Heights 7
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Interior Amenities:Breakfast Bar2: Yes

Schools

  • Junior High Dist: Scottsdale Unified District

Lot Info

  • Lot Size: 6223
  • Additional Parcels: No
  • Parcel #: 131-46-085

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 914.0

Tax Info

  • Tax Annual Amount: 914.0
  • Tax Book Number: 131.00
  • Tax Lot: 1031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2015
Closed on
Aug 13, 2015
Sold by
Westlake Mortgage Group 401K Profit Shar
Bought by
Fixed Gear Properties Llc
Seller's Agent
James Hill
West USA Realty
Buyer's Agent
Dennis Fiorillo
Realty ONE Group
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%
Current Estimated Value
$709,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,183
Avg. Annual Appreciation
10.89%

Purchase Details

Closed on
Dec 29, 2011
Sold by
Rahtigan Kevin J and Rhatigan Sharon L
Bought by
Westlake Mortgage Group 401 K Profit Sha

Purchase Details

Closed on
Jun 2, 2011
Sold by
Westlake Mortgage Group 401 K Profit Sha
Bought by
Rhatigan Kevin J and Rhatigan Sharon L

Purchase Details

Closed on
Sep 27, 2010
Sold by
Aurora Loan Services Llc
Bought by
Westlake Mortgage Group 401 K Profit Sha

Purchase Details

Closed on
May 12, 2010
Sold by
Corr Jolynn
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 5, 2007
Sold by
Young Scott D
Bought by
Corr Jolynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 4, 2007
Sold by
Corr Brian
Bought by
Corr Jolynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 27, 1999
Sold by
Karadsheh Iskander and Karadsheh Anita
Bought by
Young Scott D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
7.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 1995
Sold by
Carruthers Helen D and Maurer Jack A
Bought by
Karadsheh Iskander and Karadsheh Anita
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 Buyer Sale Price Title Company
Fixed Gear Properties Llc $250,000 First American Title Ins Co
Westlake Mortgage Group 401 K Profit Sha -- None Available
Rhatigan Kevin J -- None Available
Westlake Mortgage Group 401 K Profit Sha $90,000 Guaranty Title Agency
Aurora Loan Services Llc $100,000 Accommodation
Corr Jolynn $275,000 Camelback Title Agency Llc
Corr Jolynn -- Camelback Title Agency Llc
Young Scott D $113,000 Fidelity National Title
Karadsheh Iskander $60,300 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corr Jolynn $307,000
Previous Owner Corr Jolynn $250,000
Previous Owner Corr Jolynn $250,000
Previous Owner Young Scott D $40,000
Previous Owner Young Scott D $88,800
Closed Young Scott D $11,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $250,000 -3.8% $122 / Sq Ft
08/23/2015 08/23/15 Pending -- -- --
08/08/2015 08/08/15 For Sale $260,000 -- $127 / 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 $1,019 $15,825 -- --
2024 $1,087 $15,071 -- --
2023 $1,087 $45,910 $9,180 $36,730
2022 $949 $33,100 $6,620 $26,480
2021 $1,015 $27,980 $5,590 $22,390
2020 $1,008 $26,980 $5,390 $21,590
2019 $982 $25,900 $5,180 $20,720
2018 $951 $23,230 $4,640 $18,590
2017 $894 $23,100 $4,620 $18,480
2016 $872 $17,110 $3,420 $13,690
2015 $838 $14,110 $2,820 $11,290
Source: Public Records

Agents Affiliated with this Home

  • James Hill

    Seller's Agent in 2015

    James Hill

    West USA Realty

    (602) 748-6706

    6 Total Sales

    James Hill
    Section Image

  • D

    Buyer's Agent in 2015

    Dennis Fiorillo

    Realty One Group

    (480) 948-5554

    11 Total Sales

    Dennis Fiorillo
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5318568

Arizona Regional Multiple Listing Service (ARMLS)

APN: 131-46-085

Arizona Maricopa County Scottsdale 85257 South Scottsdale

8450 E Coronado Rd, Scottsdale, AZ

This home is located at 8450 E Coronado Rd, Scottsdale, AZ 85257 since 08 August 2015 and is currently estimated at $709,183, approximately $345 per square foot. This property was built in 1963. 8450 E Coronado Rd is a home located in Maricopa County with nearby schools including Hohokam Traditional 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.

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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