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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
7323 E BELLEVIEW Street, Scottsdale, AZ 85257- MLS# 6511097
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