7323 E BELLEVIEW Street, Scottsdale, AZ 85257
$4,300,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$4,300,000
Last Modified:
4/11/2023
Description
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.
More Information MLS# 6511097
Contract Info
Current Price: $4,300,000
Sold Price: $4,300,000
Status: Closed
List Date: 2023-01-23
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: P36
House Number: 7323
Compass: E
Street Name: BELLEVIEW
St Suffix: Street
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85257
Country: USA
County Code: Maricopa
Subdivision: MATERA VILLAS CONDOMINIUM
Assessor Number: 131-38-261
Tax Year: 2022
General Property Description
Lot Size Dimensions: 13089
Year Built: 2016
Total # of Units: 8
# of Buildings: 2
Zoning: [R-5] Multiple-
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Other
Jr. High School: Other
High School: Other
Remarks Misc
Cross Street: McDowell and Scottsdale RD
Directions: McDowell and Scottsdale RD Directions: East to 74th st turn South to 1st St behind SkySong, Belleview, Turn right(West) to Property on the right.
Geo Lat: 33.461219
Geo Lon: -111.922842
Status Change Info
Status Change Date: 2023-04-11
Off Market Date: 2023-04-10
Under Contract Date: 2023-03-29
Close of Escrow Date: 2023-04-10
Sold Price: $4,300,000
Legal Info
Township: 1N
Range: 4E
Section: 2
Lot Number: 1001-08
Income Expenses
Gross Annual Sch Inc: 288000
Net Operating Income: 236268
3 Bedrooms Units
# 3 Bedroom Units: 8
Avg Rent: 3000
Avg SqFt: 1437
# Baths: 2
Sold Info
Loan Type: Carryback
Loan Years: 5
Payment Type: Interest Only
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Project Type: Four Plex; 5 - 12 Units
Other Type: Packaged Offering
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Tile
Floors: Carpet; Other
Sale Includes: Land & Building; Laundry Equipment
Community Amenities: No Pool
Exterior Amenities: Landscape Wtr System; Desert Landscaping; Patio/Balcony
Interior Amenities: Fire/Smoke Alarm(s); Fire Sprinklers
Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Cooling: Ceiling Fan(s); Electric
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking: Carport; >1 Space Per Unit; Paved Parking
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electric
Source of Fincl Data: Provided by Owner; Projected Proforma
Showing Notification Methods: Text
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; Seller May Carry
Environmental: None
Listing Office: Grace CRE
Last Updated: April - 11 - 2023
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