NOT LISTED FOR SALE

4020 N Scottsdale Rd Unit 2010 Scottsdale, AZ 85251

Old Town Scottsdale Neighborhood

Estimated Value: $573,000 - $654,000

1 Bed
1 Bath
937 Sq Ft
$649/Sq Ft Est. Value

Last Sold February 25, 2019

Last sale price $338,000 $361 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,868/month

37 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Balcony
  • City Lights View
  • Wood Flooring
  • Dual Vanity Sinks in Primary Bathroom

About This Home

As of February 2019

Rare opportunity...in the heart of Old Town Scottsdale. A magnificent 948 sq. 1 bd (studio), 1 bth 2 sinks tub/shower. It's a large open loft with all the finest upgrades including bamboo floors, granite counter tops gorgeous cabinets, custom lighting, stainless steel appliances, stone accents in bathrooms, built in closets, black out shades, and stackable washer/dryers. The unit is light and bright with small patio area to enjoy the outdoors. There are twenty-one luxurious, boutique lofts in the building.Walk from your front door to restaurants, shopping, art galleries and local events in the area.
FURNITURE TO BE INCLUDED: BED,TWO NIGHT STANDS TWO DRESSERS,DESK WITH SHELVES,FLAT SCREEN TV,SMALL CONSOLE WITH SHELF,HIGH TOP TABLE AND FOUR CHAIRS. Perfect for a short/long term rental.

Last Listed By

Cheryl Solano

RE/MAX Fine Properties License #SA541911000 Listed on: 12/27/2018

RE/MAX Fine Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $756

Year Built

  • Built in 2008

Lot Details

  • 870 Sq Ft Lot
  • Wrought Iron Fence

HOA Fees

  • $405 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Built-Up Roof
  • Siding
  • Metal Construction or Metal Frame
  • Stucco

Interior Spaces

  • 937 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Ceiling height of 9 feet or more

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Balcony

Schools

  • Tonalea K-8 Elementary School
  • Supai Middle School
  • Coronado Elementary High School

Utilities

  • Refrigerated Cooling System
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2010
  • Assessor Parcel Number 130-13-326

Community Details

Overview

  • 4020 Lofts HOA, Phone Number (602) 657-9191
  • High-Rise Condominium
  • Built by RED MOUNTAIN
  • 4020 Lofts Subdivision

Security

  • Gated Community
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$756

Year Built

Built in 2008

Lot Details

0

HOA Fees

$405 per month

Parking

1

Listing Details

  • Cross Street: Scottsdale Rd. and Indian School Rd
  • Legal Info Range: 4E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 405.0
  • Basement: N
  • Parking Spaces Total Covered Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2008
  • Tax Year: 2018
  • Directions: South on Scottsdale Rd from Indian School to 1st Ave, turn right or West to building on North side of street.
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: lyon25
  • Co List Office Phone: 480-585-7070
  • Subdivision Name: 4020 LOFTS
  • Architectural Style: Contemporary
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Assessor
  • Association Fees:HOA Fee2: 405.0
  • Construction Brick: Yes
  • Special Features: None

Interior Features

  • Flooring: Stone, Wood
  • Spa Features: None
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Walk-In Closet(s), 9+ Flat Ceilings, Elevator, Fire Sprinklers, 3/4 Bath Master Bdrm, Double Vanity, High Speed Internet
  • Living Area: 937.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Community Features:Gated Community2: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Cook Top Gas: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony
  • Pool Features: None
  • View: City Lights, Mountain(s)
  • Disclosures: None, Seller Discl Avail
  • Construction Type: Brick Veneer, Stucco, Siding, Brick, Frame - Metal
  • Roof: Built-Up
  • Construction:Frame - Metal: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, Community Structure
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features:Assigned Parking: Yes
  • Parking Features:Community Structure: Yes

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Inside, Stacked Washer/Dryer, Washer Included
  • Security: Gated Community
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Rental OK (See Rmks)
  • Association Fee Frequency: Monthly
  • Association Name: 4020 Lofts HOA
  • Phone: 602-657-9191
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: 4020 Lofts HOA
  • Association Fees:HOA Telephone4: 602-657-9191
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Exterior Mnt of Unit: Yes
  • Association Fee Incl:Roof Repair: Yes
  • Association Fee Incl:Roof Replacement: Yes
  • Association Fee Incl:Blanket Ins Policy: Yes
  • Association Fee Incl:Water6: Yes
  • Association Fee Incl:Sewer6: Yes
  • Association Fee Incl:Garbage Collection2: Yes
  • Association Fee Incl:Gas6: Yes

Schools

  • Elementary School: Tonalea K-8
  • High School: Coronado Elementary School
  • Middle Or Junior School: Supai Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 870.0
  • Parcel #: 130-13-326
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: RED MOUNTAIN

Tax Info

  • Tax Annual Amount: 756.0
  • Tax Book Number: 130.00
  • Tax Lot: 2010
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Thomas Larry D
Bought by
Larry D Thomas Living Trust
Total Days on Market
37
Current Estimated Value
$608,196

Purchase Details

Listed on
Dec 27, 2018
Closed on
Feb 20, 2019
Sold by
Rorick James
Bought by
Larry Thomas Hair Llc
Seller's Agent
Cheryl Solano
RE/MAX Fine Properties
Buyer's Agent
Donna Potts
Cooper Premier Properties LLC
List Price
$345,000
Sold Price
$338,000
Premium/Discount to List
-$7,000
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%
Original Mortgage
$230,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 27, 2014
Closed on
Dec 5, 2014
Sold by
Old Town Lofts Llc
Bought by
Rorick James
Seller's Agent
Kelsey Pasquel
Scottsdale Classic Real Estate
Buyer's Agent
Jamie Hoffman
Call Realty, Inc.
List Price
$329,000
Sold Price
$299,000
Premium/Discount to List
-$30,000
-9.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$268,801
Interest Rate
3.62%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Larry D Thomas Living Trust -- --
Thomas Larry D -- --
Larry Thomas Hair Llc $338,000 Driggs Title Agency Inc
Rorick James $299,000 Fidelity Natl Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larry Thomas Hair Llc $230,000
Previous Owner Rorick James $268,801
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2019 02/25/19 Sold $338,000 -2.0% $361 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
12/26/2018 12/26/18 For Sale $345,000 0.0% $368 / Sq Ft
08/26/2018 08/26/18 Rented $2,000 0.0% --
08/21/2018 08/21/18 For Rent $2,000 0.0% --
12/12/2014 12/12/14 Sold $299,000 0.0% $322 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
10/30/2014 10/30/14 Price Changed $299,000 -9.1% $322 / Sq Ft
02/27/2014 02/27/14 For Sale $329,000 -- $355 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $900 $13,965 -- --
2024 $934 $13,300 -- --
2023 $934 $42,000 $8,400 $33,600
2022 $886 $35,160 $7,030 $28,130
2021 $941 $35,010 $7,000 $28,010
2020 $933 $32,200 $6,440 $25,760
2019 $901 $35,830 $7,160 $28,670
2018 $756 $32,360 $6,470 $25,890
2017 $713 $29,060 $5,810 $23,250
2016 $699 $27,630 $5,520 $22,110
2015 $671 $10,610 $2,200 $8,410
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5860429

Arizona Regional Multiple Listing Service (ARMLS)

APN: 130-13-326