NOT LISTED FOR SALE

18202 N 41st St Phoenix, AZ 85032

Paradise Valley Neighborhood

Estimated Value: $827,710 - $948,000

2 Beds
-- Bath
3,472 Sq Ft
$251/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $425,000 $122 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,891/month

190 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available
  • Whispering Wind Academy Rated A-

About This Home

As of January 2017

This 4-plex truly has it all! Huge Units with an Open Floorpan, Hardwood Floors, Washer/Dryer hookups, Outside Storage Units, No HOA, & Low Maintenance Landscaping.
This Location has easy access to the 51 & 101.
Short walk across the street to Paradise Valley Park.
Drive by Only. Do Not Disturb Tenants.

Last Agent to Sell the Property

Andrew Gregg

West USA Realty License #SA658242000 Listed on: 07/14/2016

West USA Realty

Last Buyer's Agent

Patrick Foster

A.Z. & Associates License #SA643523000

A.Z. & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,459

Year Built

  • Built in 2004

Lot Details

  • 0.27

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Wood
  • Carpet
  • Concrete

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Whispering Wind Academy Elementary School
  • Sunrise Middle School
  • Paradise Valley High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 215-15-091

Community Details

Overview

  • 4 Units
  • Building Dimensions are 11,940
  • Gentle Acres Subdivision

Building Details

  • Operating Expense $7,859
  • Net Operating Income $26,142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,459

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: UNION HILLS AND 41ST
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2004
  • Tax Year: 2015
  • Directions: From 51 Going East on Union Hills. Take a Right on 41st St. Property is on the Right Hand Side Just Before E Robert E Lee St.
  • Road Surface Type: Asphalt
  • Subdivision Name: GENTLE ACRES
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Wood, Concrete
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Whispering Wind Academy
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Sunrise Middle School

Lot Info

  • Lot Size: 11,940
  • Additional Parcels: No
  • Parcel #: 215-15-091

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Electric Expense: 300.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 26142.0
  • Annual Operating Expense: 7859.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1459.0
  • Tax Book Number: 215.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2016
Closed on
Jan 25, 2017
Sold by
Hattenbach Benjamin
Bought by
Hattenbach Gina
Seller's Agent
Andrew Gregg
West USA Realty
Buyer's Agent
Patrick Foster
A.Z. & Associates
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$871,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,178
Avg. Annual Appreciation
9.03%

Purchase Details

Listed on
Jul 14, 2016
Closed on
Jan 24, 2017
Sold by
Rhatigan Kevin J and Rhatigan Sharon L
Bought by
Hattenbach Gina
Seller's Agent
Andrew Gregg
West USA Realty
Buyer's Agent
Patrick Foster
A.Z. & Associates
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Purchase Details

Closed on
Jun 8, 2005
Sold by
Rhatigan Kevin J and Rhatigan Sharon L
Bought by
Rhatigan Kevin J and Rhatigan Sharon L

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
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2005
Sold by
Covaciu Benjamin and Covaciu Corina G
Bought by
Rhatigan Kevin and Rhatigan Sharon

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
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 4, 2004
Sold by
Aston James R and Aston Ina L
Bought by
Covaciu Benjamin and Covaciu Corina G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2002
Sold by
Covaciu Cristian and Covaciu Magdalena
Bought by
Aston James R and Aston Ina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2002
Sold by
Danilovic Simeun and Danilovic Dejan
Bought by
Covaciu Cristian and Covaciu Magdalena

Purchase Details

Closed on
Mar 1, 2001
Sold by
Elias Tanios J and Elias Amal
Bought by
Danilovic Simeun and Danilovic Dejan

Purchase Details

Closed on
Feb 26, 2001
Sold by
Danilovic Dusanka
Bought by
Danilovic Simeun

Purchase Details

Closed on
May 22, 1998
Sold by
Ribyat Natalie
Bought by
Elias Tanios J and Elias Amal
Source: Public Records

Range of Values:

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Average Value
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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
Hattenbach Gina -- First Arizona Title Agency
Hattenbach Gina $425,000 First Arizona Title Agency
Rhatigan Kevin J -- Transnation Title
Rhatigan Kevin $500,000 Transnation Title
Covaciu Benjamin $295,000 Capital Title Agency Inc
Aston James R $63,000 First American Title Ins Co
Covaciu Cristian $53,000 Security Title Agency
Danilovic Simeun $35,000 Capital Title Agency
Danilovic Simeun -- Capital Title Agency
Elias Tanios J $25,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhatigan Kevin $175,000
Previous Owner Covaciu Benjamin $236,000
Previous Owner Aston James R $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $425,000 -5.6% $122 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
11/17/2016 11/17/16 For Sale $450,000 0.0% $130 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $450,000 -- $130 / 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 $1,832 $18,403 -- --
2024 $1,793 $17,527 -- --
2023 $1,793 $54,420 $10,880 $43,540
2022 $1,775 $42,260 $8,450 $33,810
2021 $1,781 $39,430 $7,880 $31,550
2020 $1,726 $38,220 $7,640 $30,580
2019 $1,728 $30,430 $6,080 $24,350
2018 $1,671 $26,800 $5,360 $21,440
2017 $1,602 $25,120 $5,020 $20,100
2016 $1,575 $21,470 $4,290 $17,180
2015 $1,459 $26,920 $5,380 $21,540
Source: Public Records

Agents Affiliated with this Home

  • Andrew Gregg

    Seller's Agent in 2017

    Andrew Gregg

    West USA Realty

    (480) 948-5554

    11 in this area

    79 Total Sales

    Andrew Gregg
    Section Image
  • Patrick Foster

    Buyer's Agent in 2017

    Patrick Foster

    A.Z. & Associates Real Estate Group

    (602) 577-8298

    45 Total Sales

    Patrick Foster
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5470265

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-15-091

Arizona Maricopa County Phoenix 85032 Paradise Valley

18202 N 41st St, Phoenix, AZ

This home is located at 18202 N 41st St, Phoenix, AZ 85032 since 14 July 2016 and is currently estimated at $871,178, approximately $250 per square foot. This property was built in 2004. 18202 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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