$7,990,000

000 E Polk-Kinderman-augusta St Scottsdale, AZ 85257

South Scottsdale Neighborhood

Estimated payment $45,206/month

Total Views 548
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Community Barbecue Grill
  • Ceiling Fan

About This Home

Coming soon

Listing Agent

Linda Gerchick

Gerchick Real Estate License #BR114848000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,320

Year Built

  • Built in 1986

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 35 Open Parking Spaces
  • 35 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Assessor Parcel Number 131-15-001-Y

Community Details

Overview

  • 7 Buildings
  • 26 Units
  • Building Dimensions are Irr

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $73,344
  • Gross Income $503,823
  • Net Operating Income $450,789

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,320

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: M-m
  • Number Of Buildings: 7
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2024
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 20787.0
  • Tax Parcel Letter: Y
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Appliances: Free-Standing Range, Trash Compactor, Disposal, Dishwasher, Refrigerator, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Compactor2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Barbecue: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Other, Composition, Foam, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Free, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 35.0
  • Total Parking Spaces: 35.0
  • General Property Description:Uncvrd Parking Spcs: 35.0
  • General Property Description:Total Parking Spcs: 35.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS, SRP, Individual Meter
  • Cooling: Ceiling Fan(s), Heat Pump, Individual
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, Barbecue, No Pool

Fee Information

  • Annual Water Sewer Expense: 9639.0

Schools

  • Junior High Dist: Scottsdale Unified District

Lot Info

  • Lot Size: Irr
  • Additional Parcels: Yes
  • Parcel #: 131-15-001-Y

Multi Family

  • Owner Pays: Other, See Remarks, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 26
  • Electric Expense: 21400.0
  • Annual Gross Income: 503823.0
  • Insurance Expense: 11968.0
  • Maintenance Expense: 4750.0
  • Property Net Operating Income: 450789.0
  • Annual Operating Expense: 73344.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 7320.0
  • Tax Book Number: 131.00
  • Tax Lot: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Sale $7,990,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6854250

Arizona Regional Multiple Listing Service (ARMLS)