7323 E BELLEVIEW Street, Scottsdale, AZ 85257
$4,300,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $4,300,000 Last Modified: 2/05/2026
Overview
Description
Listing Details MLS# 6511097
Location, Tax & Legal
- Map Code/Grid
- P36
- House Number
- 7323
- Compass
- E
- Street Name
- BELLEVIEW
- St Suffix
- Street
- City/Town Code
- Scottsdale
- State/Province
- AZ
- Zip Code
- 85257
- Country
- US
- County Code
- Maricopa
- Subdivision
- MATERA VILLAS CONDOMINIUM
- Assessor Number
- 131-38-261
- Tax Year
- 2022
- Building Number
- 1 & 2
- Assessor's Map #
- 38
- Legal Description (Abbrev)
- MATERA VILLAS CONDOMINIUM MCR 978-20 COMMON ELEMENTS
- Assessor's Parcel #
- 261
- Add'l Parcels
- Yes
- Tax Municipality
- Scottsdale
- Census Tract
- 218200
- Taxes
- 15692
- Legal
- MATERA VILLAS CONDOMINIUM MCR 978-20 COMMON ELEMENTS
- Marketing Name
- Eight on Belleview
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 13089
- Year Built
- 2016
- Total # of Units
- 8
- # of Buildings
- 2
- Zoning
- [R-5] Multiple-
- Elementary School District
- Scottsdale Unified District
- High School District
- Scottsdale Unified District
- Elementary School
- Other
- Jr. High School
- Other
- High School
- Other
- Uncvrd Parking Spcs
- 0
Remarks Misc
- Cross Street
- McDowell and Scottsdale RD
- Directions
- McDowell and Scottsdale RD Directions: East to 74th st turn South to 1st St behind SkySong, Belleview, Turn right(West) to Property on the right.
Status Change Info
- Off Market Date
- 2023-04-10
- Under Contract Date
- 2023-03-29
- Close of Escrow Date
- 2023-04-10
Legal Info
- Township
- 1N
- Range
- 4E
- Section
- 2
- Lot Number
- 1001-08
More Information
Income Expenses
- Gross Annual Sch Inc
- 288000
- Net Operating Income
- 236268
3 Bedrooms Units
- # 3 Bedroom Units
- 8
- Avg Rent
- 3000
- Avg SqFt
- 1437
- # Baths
- 2
Sold Info
- Loan Type
- Carryback
- Loan Years
- 5
- Payment Type
- Interest Only
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- %
- Seller Concession $/%
- %
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- Four Plex
- Yes
- 5 - 12 Units
- Yes
Other Type
- Packaged Offering
- Yes
Construction
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Tile
- Yes
Floors
- Carpet
- Yes
- Other
- Yes
Sale Includes
- Land & Building
- Yes
- Laundry Equipment
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 3000
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 1200
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 4000
- Annual Mgmt Exp
- 13000
- Annual Trash Exp
- 1200
- Annual Wtr/Swr Exp
- 5000
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 43092
- Other Income
- 0
- Vacancy Allowance
- 0.03
- Adjusted Gross Inc
- 279360
- Total Monthly Rental Income
- 24000
Pmt & Rate Info
- Cap Rate
- 5.56
- Down Payment
- 0
- Equity
- 4250000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Showing Notification Methods
- Text
- Yes
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Electric
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Desert Landscaping
- Yes
- Sidewalk(s)
- Yes
- Patio/Balcony
- Yes
Interior Features
- Fire/Smoke Alarm(s)
- Yes
- Fire Sprinklers
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Dishwasher
- Yes
- Disposal
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
- Washer/Dryer
- Yes
- W/D Hookup
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Carport
- Yes
- >1 Space Per Unit
- Yes
- Paved
- Yes
Electric
- SRP
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Conventional
- Yes
- Owner May Carry
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type: Four Plex; 5 - 12 Units Other Type: Packaged Offering Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Floors: Carpet; Other Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Landscape Water System; Desert Landscaping; Sidewalk(s); Patio/Balcony Interior Features: Fire/Smoke Alarm(s); Fire Sprinklers Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Cooling: Ceiling Fan(s); Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Parking Features: Carport; >1 Space Per Unit; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner; Projected Proforma Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan: Treat as Free&Clear 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; Owner May Carry Environmental: None
Listing Office: Grace CRE
Last Updated: February - 05 - 2026
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