$3,340,000
7325 E BELLEVIEW Street 1001Scottsdale, AZ 85257
MLS# 5412991
40 beds | 272 baths
1 / 29
Property DescriptionFountain Villas is an attractive 20-unit townhome community located in an irreplaceable south Scottsdale location near SkySong. Built in 1969, the property is made of block construction with built-up foam roofs, and is individually-metered for electricity with roof-mounted HVAC units.
Details
Contract Info
Current Price: $3,035,000
List Price: $3,340,000
Status: Closed
List Date: 2016-03-14
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: Q37
House Number: 7325
Compass: E
Street Name: BELLEVIEW
St Suffix: Street
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85257
Zip4: 4024
Country: US
County Code: Maricopa
Subdivision: FOUNTAIN VILLAS CONDOMINIUM
Assessor Number: 131-38-176
Tax Year: 2015
General Property Description
Lot Size Dimensions: 26572
Year Built: 1969
Total # of Units: 20
# of Buildings: 4
Zoning: R-5
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Legal Info
Township: 1N
Range: 4E
Section: 2
Lot Number: 1001
Efficiency Units
# Efficiency Units: 2
Avg Rent: 700
Avg SqFt: 500
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 16
Avg Rent: 895
Avg SqFt: 1250
# Baths: 15
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 1375
Avg SqFt: 1000
# Baths: 15
Structure
Bedrooms Total: 40
Bathrooms Total: 272
Income & Expenses
Gross Annual Sch Inc: 276,412
Net Operating Income: 215,953
Contact Info
List Agent Home Phn: 602-735-5634
Sold Info
Loan Type: Conventional
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Remarks Misc
Geo Lat: 33.461337
Geo Lon: -111.922532
Status Change Info
Off Market Date: 2016-05-04
Under Contract Date: 2016-04-28
Close of Escrow Date: 2016-08-23
Sold Price: $3,035,000
Property Features
Project Type: 13 - 24 Units
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Built-Up; Foam
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: Pool; Barbecue
Exterior Amenities: Green Landscaping; Security Light(s)
Interior Features: Vertical Blinds
Appliances Included: Microwave; Refrigerator; Free-Standing Range; Washer/Dryer
Heating: Individual
Cooling: Individual
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public
Electric: Individual Meter
Gas: None
Parking Features: Carport
Road Surface Type: Asphalt
Owner Pays: Water; Sewer
Tenant Pays: Electricity
Source of Fincl Data: Owner
Existing 1st Loan: Conventional
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional
Environmental: None
Listing Office: CBRE, Inc
Last Updated: August - 26 - 2016
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