$4,950,000

Estimated payment $28,033/month

Total Views 1,594
8 Beds
8 Baths
8,328 Sq Ft
$594 Price per Sq Ft

Highlights

  • Two Primary Bathrooms
  • No HOA
  • Dual Vanity Sinks in Primary Bathroom
  • 1 Fireplace
  • Eat-In Kitchen
  • Cooling Available

About This Home

Discover a rare opportunity to own a premier mixed-use residential and retail property in the heart of Old Town Scottsdale. The ground floor of this three-story building features ±1,350 SF of fully leased retail space (Oh Cosi Bella) and a four-car garage. Four stylish ±725 SF studio apartments make up the the second floor, while the top floor boasts two luxurious ±1,750 SF penthouses, each with two bedrooms, two bathrooms, and walkout balconies. Located just steps from the Valley Ho Hotel, Scottsdale Stadium, Fashion Square Mall, and the Kimsey Project, this property features high-end finishes throughout and sits within an Opportunity Zone, offering significant investment potential in one of Scottsdale's most dynamic neighborhoods.

Listing Agent

Nicole Kobrinsky

House Gallery Collective License #BR643463000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,859

Year Built

  • Built in 2022

Lot Details

  • 3,353 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Property Attached
  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 8,328 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Kitchen Island

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 8 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Hohokam Elementary School
  • Tonalea Middle School
  • Coronado High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by GE Ventures LLC
  • Craftsmans Court Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 173-50-009-A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,859

Year Built

Built in 2022

Lot Details

0

Parking

4

Listing Details

  • Cross Street: 5th Avenue & Craftsman Ct
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2022
  • Tax Year: 2024
  • Directions: Head north on Scottsdale Rd, take a left turn on 5th Avenue, take another left turn onto Craftsman Ct. Property is on your right hand side.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.08
  • Subdivision Name: Craftsmans Court
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Cooling:Central Air: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Possible Use: See Remarks
  • Spa Features: None
  • Possible Bedrooms: 8
  • Total Bedrooms: 8
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, 2 Master Baths, Double Vanity, Full Bth Master Bdrm
  • Living Area: 8328.0
  • Stories: 3
  • ResoLivingAreaSource: Assessor
  • Kitchen Features:Kitchen Island: Yes
  • Kitchen Features:Cook Top Gas: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Garage Spaces: 4.0

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Hohokam Elementary School
  • High School: Coronado High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Tonalea Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3353.0
  • Parcel #: 173-50-009-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: GE Ventures LLC

Tax Info

  • Tax Annual Amount: 4858.67
  • Tax Book Number: 173.00
  • Tax Lot: 10
  • Tax Map Number: 50.00

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

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 $4,702 $69,018 -- --
2024 $7,046 $66,184 -- --
2023 $7,046 $164,192 $31,515 $132,677
2022 $3,239 $61,688 $39,463 $22,225
2021 $3,540 $63,360 $40,590 $22,770
2020 $3,509 $56,358 $33,336 $23,022
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 For Sale $4,950,000 -- $594 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $875,000 Fidelity Natl Ttl Agcy Inc
Warranty Deed $1,025,000 First American Title Ins Co
Warranty Deed $650,000 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,600,000 New Conventional
Closed $675,000 Commercial
Previous Owner $2,250,000 Commercial
Previous Owner $487,500 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6841953

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-50-009A