NOT LISTED FOR SALE

Estimated Value: $456,454 - $766,000

-- Bed
-- Bath
7,440 Sq Ft
$88/Sq Ft Est. Value

Last Sold November 13, 2015

Last sale price $215,000 $29 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $3,582/month

71 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Individual Controls for Heating
  • Paradise Valley High School Rated A

About This Home

As of November 2015

All with 2bed/2bath units with washer dryer hookups. All units are built in the 80's with copper plumbing and wiring. Centrally located in Northern Phoenix just one mile from SR51. Abundant amounts of shopping within walking distance, less than 1/4 mile from bus stops, located in Paradise Valley School District.

Last Agent to Sell the Property

Michelle Noma

Keller Williams Arizona Realty License #BR632845000 Listed on: 07/22/2015

Keller Williams Arizona Realty

Co-Listed By

Daniel Noma

Venture REI, LLC License #BR559881000

Last Buyer's Agent

Karie Engstler

HomeSmart License #SA635185000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,163

Year Built

  • Built in 1982

Lot Details

  • 10,193

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Built-Up Roof
  • Stucco

Flooring

  • Vinyl Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Palomino Primary Elementary School
  • Paradise Valley High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 214-31-297

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10186
  • Paradise Trails Lot 1 4 Subdivision

Building Details

  • Operating Expense $10,063
  • Gross Income $25,800
  • Net Operating Income $16,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,163

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 31st Street & Paradise
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MultiFamily R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2014
  • Directions: Northwest corner of Paradise and 31st Street, Paradise is just south of Bell Rd.
  • Road Surface Type: Gravel, Dirt, Private Street
  • Professional Management Expense: 2400.0
  • Co List Office Mls Id: vrei01
  • Co List Office Phone: 480-858-8734
  • Subdivision Name: PARADISE TRAILS LOT 1-4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: BI Oven/Range, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition, Tile, Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: SRP
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Palomino Primary School
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 10186
  • Additional Parcels: No
  • Parcel #: 214-31-297

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 1200.0
  • Annual Gross Income: 25800.0
  • Insurance Expense: 1300.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 16900.0
  • Annual Operating Expense: 10063.0

Tax Info

  • Tax Annual Amount: 1163.0
  • Tax Book Number: 214.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2024
Sold by
Tindall Peter C
Bought by
Paradise 16210 Llc
Current Estimated Value
$653,818

Purchase Details

Listed on
Jul 22, 2015
Closed on
Oct 19, 2015
Sold by
Medellin Christopher and Medellin Tracey
Bought by
Tindall Peter C
Seller's Agent
Michelle Noma
Keller Williams Arizona Realty
Buyer's Agent
Karie Engstler
HomeSmart
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%
Original Mortgage
$211,105
Interest Rate
3.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2014
Sold by
Medellin Christopher and Medellin Tracey
Bought by
Medellin Christopher and Medellin Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,830
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2014
Sold by
31St Street Partners Llc
Bought by
Medellin Christopher and Medellin Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,830
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2010
Sold by
Frias Rodolfo M and Frias Rosa M
Bought by
31St Street Partners Llc

Purchase Details

Closed on
Mar 8, 2005
Sold by
South County Financial Group Llc
Bought by
Frias Rodolfo M and Frias Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Sharpe Brian and Sharpe Julie
Bought by
South County Financial Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,400
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2004
Sold by
Abraham Tony
Bought by
Sharpe Brian and Sharpe Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,400
Interest Rate
6.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paradise 16210 Llc -- None Listed On Document
Tindall Peter C $215,000 First Arizona Title Agency
Medellin Christopher -- Lawyers Title Of Arizona Inc
Medellin Christopher -- Lawyers Title Of Arizona Inc
Medellin Christopher $166,900 Lawyers Title Of Arizona Inc
31St Street Partners Llc $87,500 Fidelity National Title Ins
Frias Rodolfo M $339,000 Security Title Agency Inc
South County Financial Group Llc -- Ticor Title Agency Of Az Inc
Sharpe Brian $283,000 Ticor Title Agency Of Az Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tindall Peter C $211,105
Previous Owner Medellin Christopher $116,830
Previous Owner Frias Rodolfo M $271,200
Previous Owner Sharpe Brian $226,400
Closed Sharpe Brian $28,300
Closed Frias Rodolfo M $33,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2015 11/13/15 Sold $215,000 -4.4% $29 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $225,000 -- $30 / 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 $1,381 $13,875 -- --
2024 $1,352 $13,214 -- --
2023 $1,352 $45,330 $9,060 $36,270
2022 $1,339 $31,880 $6,370 $25,510
2021 $1,343 $28,530 $5,700 $22,830
2020 $1,301 $24,960 $4,990 $19,970
2019 $1,303 $20,280 $4,050 $16,230
2018 $1,260 $19,630 $3,920 $15,710
2017 $1,208 $16,680 $3,330 $13,350
2016 $1,188 $20,580 $4,110 $16,470
2015 $1,100 $17,110 $3,420 $13,690
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5310527

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-31-297