NOT LISTED FOR SALE

18026 N 41st St Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $690,000 - $873,320

6 Beds
-- Bath
2,832 Sq Ft
$282/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $925,000 $327 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $4,344/month

24 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Whispering Wind Academy Rated A-
  • Ceiling Fan

About This Home

As of July 2022

Beautiful single level 4 plex located near Desert Ridge, PV Mall Redevelopment, Paradise Valley Community College, and in a high rental demand area. The property consists of one 2bed/2bath unit, two 2bed/1bath units, and a studio unit. Each unit has private back yards with landscaping. Future ownership will have the opportunity to renovate the remaining two units and capture the increasing rental demand.

Last Agent to Sell the Property

Jackson Everhart

Orion Investment Real Estate License #SA689433000 Listed on: 05/05/2022

Last Buyer's Agent

Michael Olberding

Realty ONE Group License #BR556434000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,279

Year Built

  • Built in 1972

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 215-16-067

Community Details

Overview

  • 4 Units
  • Building Dimensions are 12010
  • Villa Paradise Subdivision

Building Details

  • Operating Expense $1,279
  • Gross Income $72,600
  • Net Operating Income $58,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,279

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: 41st Street and Union Hills
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2021
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: VILLA PARADISE
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 9.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Individual
  • Heating: Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 12010
  • Additional Parcels: No
  • Parcel #: 215-16-067

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 72600.0
  • Property Net Operating Income: 58080.0
  • Annual Operating Expense: 1279.0

Tax Info

  • Tax Annual Amount: 1279.0
  • Tax Book Number: 215.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2022
Sold by
Maroldi Michael A
Bought by
Dynamic Exception Llc
Current Estimated Value
$799,830

Purchase Details

Closed on
May 27, 2022
Sold by
Grs Investment Company Llc
Bought by
Maroldi Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,500
Interest Rate
4.81%
Mortgage Type
Balloon

Purchase Details

Listed on
Sep 12, 2021
Closed on
Oct 23, 2021
Sold by
Snap Realty Llc
Bought by
Grs Investment Company Llc
Seller's Agent
Srinivasa Male
HomeSmart
Buyer's Agent
Jackson Everhart
Orion Investment Real Estate
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$448,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 12, 2021
Closed on
Oct 18, 2021
Sold by
Patel Yatinkumar and Menghani Manoj
Bought by
Snap Realty Llc
Seller's Agent
Srinivasa Male
HomeSmart
Buyer's Agent
Jackson Everhart
Orion Investment Real Estate
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 2, 2018
Closed on
Jan 3, 2019
Sold by
Patel Lina and Patel Yatinkumar
Bought by
Patel Yatinkumar
Seller's Agent
Serge Martinez
West USA Realty
Buyer's Agent
Srinivasa Male
West USA Realty
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.73%
Original Mortgage
$240,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2018
Closed on
Dec 19, 2018
Sold by
Menghani Prema and Menghani Manoj
Bought by
Menghani Manoj
Seller's Agent
Serge Martinez
West USA Realty
Buyer's Agent
Srinivasa Male
West USA Realty
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2013
Closed on
May 30, 2013
Sold by
Bagley Jean and Smith Jean
Bought by
Velasquez Michelle
Seller's Agent
Karl Isenburg
eXp Realty
Buyer's Agent
Jeff Newman
HomeSmart
List Price
$310,000
Sold Price
$220,000
Premium/Discount to List
-$90,000
-29.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$165,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2006
Sold by
Smith Terry L and Smith Jean M
Bought by
Smith Jean and Couty Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1995
Sold by
Zajkowski Joseph P and Zajkowski Annie M
Bought by
Smith Terry L and Smith Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,200
Interest Rate
8.43%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dynamic Exception Llc -- --
Maroldi Michael A $925,000 First American Title
Grs Investment Company Llc $650,000 Pioneer Title Agency Inc
Snap Realty Llc -- Pioneer Title Agency Inc
Patel Yatinkumar -- Pioneer Title Agency Inc
Patel Yatinkumar $340,000 Pioneer Title Agency Inc
Menghani Manoj -- Pioneer Title Agency Inc
Velasquez Michelle $220,000 Chicago Title Co
Smith Jean -- Chicago Title Insurance Comp
Smith Terry L $98,105 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maroldi Michael A $832,500
Previous Owner Grs Investment Company Llc $448,000
Previous Owner Patel Yatinkumar $240,000
Previous Owner Velasquez Michelle $165,000
Previous Owner Smith Jean $175,000
Previous Owner Smith Terry L $13,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2022 07/29/22 Sold $925,000 -0.5% $327 / Sq Ft
07/27/2022 07/27/22 Price Changed $930,000 0.0% $328 / Sq Ft
07/09/2022 07/09/22 Price Changed $930,000 0.0% $328 / Sq Ft
07/01/2022 07/01/22 Price Changed $930,000 0.0% $328 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/25/2022 05/25/22 Price Changed $930,000 -7.0% $328 / Sq Ft
05/16/2022 05/16/22 Price Changed $1,000,000 -4.8% $353 / Sq Ft
05/02/2022 05/02/22 For Sale $1,050,000 +61.5% $371 / Sq Ft
10/21/2021 10/21/21 Sold $650,000 0.0% $230 / Sq Ft View Prior Sale
09/27/2021 09/27/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $650,000 0.0% $230 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/12/2021 09/12/21 For Sale $650,000 +91.2% $230 / Sq Ft
12/22/2018 12/22/18 Sold $340,000 -2.8% $120 / Sq Ft View Prior Sale
11/15/2018 11/15/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $349,900 0.0% $124 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $349,900 +59.0% $124 / Sq Ft
07/09/2013 07/09/13 Sold $220,000 -29.0% $78 / Sq Ft View Prior Sale
05/22/2013 05/22/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $310,000 -- $109 / 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 $1,395 $14,016 -- --
2024 $1,366 $13,349 -- --
2023 $1,366 $45,650 $9,130 $36,520
2022 $1,269 $35,870 $7,170 $28,700
2021 $1,279 $34,000 $6,800 $27,200
2020 $1,238 $31,970 $6,390 $25,580
2019 $1,241 $24,960 $4,990 $19,970
2018 $1,199 $21,800 $4,360 $17,440
2017 $1,148 $20,430 $4,080 $16,350
2016 $1,129 $17,070 $3,410 $13,660
2015 $1,046 $21,250 $4,250 $17,000
Source: Public Records

Agents Affiliated with this Home

  • Jackson Everhart

    Seller's Agent in 2022

    Jackson Everhart

    Orion Investment Real Estate

    (480) 634-6934

    3 in this area

    24 Total Sales

    Jackson Everhart
    Section Image
  • Michael Olberding

    Buyer's Agent in 2022

    Michael Olberding

    Realty One Group

    (480) 467-1911

    1 in this area

    86 Total Sales

    Michael Olberding
    Section Image

  • S

    Seller's Agent in 2021

    Srinivasa Male

    HomeSmart

  • S

    Seller's Agent in 2018

    Serge Martinez

    West USA Realty

    Section Image
  • Karl Isenburg

    Seller's Agent in 2013

    Karl Isenburg

    eXp Realty

    (602) 432-4210

    14 in this area

    100 Total Sales

    Karl Isenburg
    Section Image
  • Sherrie Travers

    Seller Co-Listing Agent in 2013

    Sherrie Travers

    eXp Realty

    (602) 402-5122

    6 in this area

    67 Total Sales

    Sherrie Travers
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6392758

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-16-067

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

18026 N 41st St, Phoenix, AZ

This home is located at 18026 N 41st St, Phoenix, AZ 85032 since 05 May 2022 and is currently estimated at $799,830, approximately $282 per square foot. This property was built in 1972. 18026 N 41st St is a home located in Maricopa County with nearby schools including Whispering Wind Academy, Sunrise Middle School, and Paradise Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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