$725,000
Scottsdale, AZ 85251
MLS# 6947161
Status: Closed
1 / 30
Property Description
Location, Location, Location!! Triplex near Old Town Scottsdale, comprising 3 distinct units, each featuring 2 comfortable Bedrooms & 1 Bathroom & private yard. Roof replaced September 2025. Conveniently located, just blocks away from the bustling heart of Scottsdale, with high-end boutiques and acclaimed restaurants, and the Indian Bend Wash Greenbelt. 7808 and 7820 E Heatherbrae are also for sale.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $725,000
Sold Price: $725,000
Status: Closed
List Date: 2025-11-12
Location, Tax & Legal
Assessor's Map #: 56
Legal Description (Abbrev): LOT 10 VISTA LARGA MCR 007241
Assessor's Parcel #: 10
Add'l Parcels: Yes
Tax Municipality: Scottsdale
Census Tract: 217204
Taxes: 840
Legal: LOT 10 VISTA LARGA MCR 007241
Marketing Name: Heart of Scottsdale
House Number: 7814
Compass: E
Street Name: HEATHERBRAE
St Suffix: Avenue
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
Zip4: 4178
County Code: Maricopa
Subdivision: VISTA LARGA
Assessor Number: 173-56-010
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 73.19 x 141.35
Flood Zone: No
Total # of Units: 3
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Navajo Elementary School
Jr. High School: Mohave Middle School
High School: Saguaro High School
Year Built: 1959
Zoning: R-5
Legal Info
Range: 4E
Section: 23
Township: 2N
Lot Number: 10
Project Type
Tri-Plex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Personal Property: 1
Income & Expenses
Annual Elec Exp: 780
Annual Landscape Exp: 1400
Annual Maint Exp: 3000
Annual Mgmt Exp: 4000
Annual Wtr/Swr Exp: 2100
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 12120
Other Income: 0
Vacancy Allowance: 0.1
Adjusted Gross Inc: 35640
Total Monthly Rental Income: 3300
Pmt & Rate Info
Cap Rate: 3.91
Equity: 547500
1st Encumbrance: 227500
Down Payment %: 0
Monthly Payments: 1800
1st Years Remaining: 12
1st Payment Freq: Monthly
Total Owed: 227500
Payment Includes
Principal: 1
Interest: 1
Taxes: 1
Insurance: 1
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Community Features
No Pool: 1
Other: 1
Heating
Electric: 1
Natural Gas: 1
Individual: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Individual: 1
Exterior Amenities
Landscape Water System: 1
Partially Fenced: 1
Curb(s) & Gutter(s): 1
Cable TV Available: 1
Sidewalk(s): 1
Patio/Balcony: 1
Security Light(s): 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Gas: 1
Water: 1
Electricity: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Books Shwn Accpt Ofr: 1
Other (See Remarks): 1
Water Source
City Franchise: 1
Master Meter: 1
Individual Meter: 1
Sewer
Sewer - Public: 1
Parking Features
On Street: 1
Electric
APS: 1
Gas
SW Gas: 1
Individual Meter: 1
Owner Pays
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Conventional: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1100
Avg SqFt: 923
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Indian School Rd & Hayden Rd
Directions: West on Indian School Rd, North on 78th St, East on Heatherbrae
Geo Lat: 33.497874
Geo Lon: -111.912477
Status Change Info
Off Market Date: 2025-12-20
Under Contract Date: 2025-11-17
Close of Escrow Date: 2025-12-19
Sold Price: $725,000
Income Expenses
Gross Annual Sch Inc: 39600
Net Operating Income: 30297
Property Features
Project Type: Tri-Plex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building; Personal Property
Payment Includes: Principal; Interest; Taxes; Insurance
Community Features: No Pool; Other
Exterior Amenities: Landscape Water System; Partially Fenced; Curb(s) & Gutter(s); Cable TV Available; Sidewalk(s); Patio/Balcony; Security Light(s)
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; W/D Hookup
Heating: Natural Gas; Individual
Cooling: Ceiling Fan(s); Individual; Central Air
Water Source: City Franchise; Master Meter; Individual Meter
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas; Individual Meter
Parking Features: On Street
Road Access Type: City Street
Road Surface Type: Asphalt
Owner Pays: Trash Collection; Landscaping
Tenant Pays: Water; Electricity; Gas
Source of Fincl Data: Owner; Projected Proforma; Books Shwn Accpt Ofr; Other (See Remarks)
Lockbox Type: None
Existing 1st Loan: Conventional
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: Century 21 Arizona Foothills
Last Updated: December - 20 - 2025
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