Marlene Cerreta
Cerreta Real Estate
(623) 304-8738
147 Total Sales
2 in Paradise Valley Village
$115K - $360K Price Range
2150 E Cactus Rd Phoenix, AZ 85022
Paradise Valley Village NeighborhoodEstimated Value: $1,680,995
Studio
--
Bath
12,201
Sq Ft
$138/Sq Ft
Est. Value
Highlights
- 1.11 Acre Lot
- Central Air
- Heating Available
- Shadow Mountain High School Rated 9+
- Concrete Flooring
About This Home
As of April 2022Excellent value add opportunity in this busy retail center. Located on a high traffic intersection in North/Central Phoenix. Adjacent to EoS Fitness with other national tenants nearby. High vacancy property with deferred maintenance. Priced well below replacement cost. Potential for new owner to occupy space and collect lease revenue.
Last Agent to Sell the Property
Century 21 Arizona Foothills License #SA639091000 Listed on: 02/01/2022
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Property Details
Property Type
- Other
Est. Annual Taxes
- $19,835
Year Built
- Built in 1988
Lot Details
- 1.11 Acre Lot
- Property is zoned C-2
Home Design
- Built-Up Roof
- Block Exterior
Interior Spaces
- 12,201 Sq Ft Home
- Concrete Flooring
Parking
- 55 Open Parking Spaces
- 55 Parking Spaces
- Public Parking
- Free Parking
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tax Lot -/-/A
- Assessor Parcel Number 166-14-037-L
Community Details
Overview
- Cactus Gardens Lot 26 86 Subdivision
Building Details
- Operating Expense $19,835
- Gross Income $35,074
- Net Operating Income $51,717
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2022
Closed on
Apr 13, 2022
Sold by
Bought by
Seller's Agent
Randy Erwin
Century 21 Arizona Foothills
Buyer's Agent
Roberta Voss
RE/MAX Fine Properties
List Price
$2,250,000
Sold Price
$1,800,000
Premium/Discount to List
-$450,000
-20%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$119,005
Avg. Annual Appreciation
-1.58%
Original Mortgage
$1,350,000
Outstanding Balance
$1,240,318
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$440,677
Purchase Details
Closed on
Oct 29, 2020
Sold by
Bought by
Purchase Details
Closed on
Jun 11, 2007
Sold by
Bought by
Purchase Details
Closed on
Dec 18, 2003
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Paradise Valley Village, AZ
-
Marlene Cerreta
-
Braden Johnson
Braden Johnson
Limitless Real Estate
(877) 629-6469
151 Total Sales
2 in Paradise Valley Village
$355K - $655K Price Range
-
Chris Lundberg
Chris Lundberg
Responds QuicklyRedeemed Real Estate
(623) 400-5946
142 Total Sales
2 in Paradise Valley Village
$355K - $1.6M Price Range
-
John Decker
John Decker
Realty ONE Group
(928) 442-7463
61 Total Sales
1 in Paradise Valley Village
$160,000 Price
-
Melinda Muller
Melinda Muller
Arizona Best Real Estate
(855) 274-3205
115 Total Sales
1 in Paradise Valley Village
$605,000 Price
-
Justin Roberts
Justin Roberts
Barrett Real Estate
(888) 513-4050
94 Total Sales
3 in Paradise Valley Village
$535K - $1.2M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,800,000 | New Title Company Name | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Transnation Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,350,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2022 04/15/22 | Sold | $1,800,000 | 0.0% | $148 / Sq Ft |
| 02/01/2022 02/01/22 | Pending | -- | -- | -- |
| 02/01/2022 02/01/22 | Off Market | $1,800,000 | -- | -- |
| 04/30/2021 04/30/21 | For Sale | $2,250,000 | -- | $184 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,498 | $188,028 | ||
| 2024 | -- | $184,670 | ||
| 2023 | $0 | $221,221 | $71,417 | $149,804 |
| 2022 | $19,841 | $220,868 | $75,653 | $145,215 |
| 2021 | $20,468 | $230,382 | $77,814 | $152,568 |
| 2020 | $19,835 | $231,336 | $75,474 | $155,862 |
| 2019 | $19,861 | $221,724 | $69,084 | $152,640 |
| 2018 | $19,209 | $214,740 | $62,064 | $152,676 |
| 2017 | $18,413 | $201,978 | $62,064 | $139,914 |
| 2016 | $18,106 | $181,674 | $53,604 | $128,070 |
| 2015 | $17,233 | $139,231 | $40,885 | $98,346 |
Source: Public Records
Agents Affiliated with this Home
-
Randy Erwin
Seller's Agent in 2022
Randy Erwin
Century 21 Arizona Foothills
(602) 418-1116
1 in this area
29 Total Sales
-
Roberta Voss
Buyer's Agent in 2022
Roberta Voss
RE/MAX Fine Properties
(602) 697-0730
3 in this area
94 Total Sales
-
Anuoluwa Ekunwe
Buyer Co-Listing Agent in 2022
Anuoluwa Ekunwe
HomeSmart
(602) 628-6081
4 in this area
46 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6229871
APN: 166-14-037L
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.
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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