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7910-7920 E Wilshire Drive, Scottsdale, AZ 85257

$4,800,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $4,800,000 Last Modified: 6/24/2021

Description

The Trullies is an impeccably maintained gated garden-style fully furnished turn key occupancy 12-unit boutique condo community. Located in a quaint Scottsdale neighborhood just blocks from Old Town. Built in 1984 and completely transformed in 2015. The Trullies enjoys all the flair of a Mediterranean resort with modern European interior finishes. The renovations include wood plank tile floors, Thermofoil euro style kitchen cabinets, reclaimed wood shelving & pantry, prep island, granite countertops, farm sink, stainless steel appliances, washer/dryer, contemporary bathrooms with glass tile shower & tub surrounds, Euro-style glass shower enclosures, stainless steel/cast-iron sink vanities & low-flow toilets. Each has a private patio or walk-out balcony. See supplement for more info...

Supplements: The exterior includes a grand ramada, designer outdoor furniture, gas fireplace, 2 gas BBQs, heated pool & spa, mature & maintained climate resistant lush landscape with beautiful trees & date palms, Sunbrella awnings & corrugated steel planter boxes thru-out. There are (8)-2 bed/2-bath 980sf units & (2)-4 bed/4-bath 1980sf units (currently split-up and rent as 4 separate units) all individually metered for electricity & hot water closets. This is a gated complex with 2 automatic entry gates, controlled entry access, 19 covered parking spaces & one 2-car garage, large storage building & business center. Trullies is in excellent condition, 100% maintained with newer air conditioners, roofs, asphalt, water heaters, gas line, pool equipment, pebble tec & landscape irrigation. Trullies offers a perfect location for both short-term visitors and traditional residents; centrally located providing quick access to Phoenix Sky Harbor International Airport, ASU, 5-minute ride to Old Town Scottsdale & close to the best shopping & restaurants.

More Information MLS# 6199107

Contract Info

Current Price: $4,800,000 Sold Price: $4,800,000 Status: Closed List Date: 2021-02-25 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: P37 House Number: 7910-7920 Compass: E Street Name: Wilshire St Suffix: Drive City/Town Code: Scottsdale State/Province: AZ Zip Code: 85257 Country: USA County Code: Maricopa Subdivision: Trullies Condominiums Assessor Number: 131-23-049 Tax Year: 2020

General Property Description

Lot Size Dimensions: unknown Year Built: 1984 Total # of Units: 12 # of Buildings: 2 Zoning: Multi Family Flood Zone: No Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District Elementary School: Pima Elementary School Jr. High School: Supai Middle School High School: Coronado Elementary School

Remarks Misc

Cross Street: Hayden & Thomas Directions: From the 101 go West on Thomas to Hayden, turn (L) South on Hayden to Wilshire and turn (R) West. The property is the second complex on the north side of Wilshire Geo Lat: 33.476526 Geo Lon: -111.910397

Status Change Info

Status Change Date: 2021-06-23 Off Market Date: 2021-06-03 Under Contract Date: 2021-04-12 Close of Escrow Date: 2021-06-23 Sold Price: $4,800,000

Legal Info

Lot Number: 1-10

Income Expenses

Gross Annual Sch Inc: 504000 Net Operating Income: 236052

2 Bedroom Units

# 2 Bedroom Units: 8 Avg Rent: 4000 Avg SqFt: 980 # Baths: 2

4 Bedrooms Units

# 4 Bedroom Units: 2 Avg SqFt: 1960 # Baths: 4

Contact Info

List Agent Home Phn: 480-215-4314 List Agent Hme Phn 2: 602-989-2343 List Agent Cell Phn2: 480-215-4314

Sold Info

Loan Type: Other Payment Type: Other Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Project Type: 5 - 12 Units Construction: Frame - Wood Const - Finish: Painted; Stucco Roofing: Built-Up Floors: Ceramic Tile; Carpet Sale Includes: Land & Building; Personal Property; Pool Equipment; Laundry Equipment Community Amenities: Heated Pool(s); Heated Spa(s); Manager Res/Office; Barbecue; Other; See Remarks Exterior Amenities: Landscape Wtr System; Green Landscaping; Fenced; Cable TV Available; Patio/Balcony; Separate Storage; Security Light(s) Interior Amenities: Furnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds; Breakfast Bar Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Central Cooling: Central A/C Water: Master Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: SW Gas; Master Meter Parking: Garage; >1 Space Per Unit; Add'l Parking Avail; Paved Parking Owner Pays: Water; Gas; Trash Collection; Landscaping; Pool/Spa Maintenance Tenant Pays: Electric; Cable TV Source of Fincl Data: Provided by Owner; Books Shwn Accpt Ofr Status Update: Multiple Offers Recd 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 Environmental: None
Listing Office: HomeSmart
Last Updated: June - 24 - 2021
7910-7920 E Wilshire Drive, Scottsdale, AZ 85257- MLS# 6199107
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