$451,935
SOLD MAY 19, 2025

2328 E Marguerite Ave Phoenix, AZ 85040

South Mountain Neighborhood
4 Beds
3 Baths
1,961 Sq Ft
5,176 Sq Ft Lot

Recently Sold

$230 Per Sq Ft

1% Below List Price

0 Day on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • 2 Car Direct Access Garage
  • Phoenix Coding Academy Rated A
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of May 2025

INVESTORS ONLY | TURNKEY RENTAL | TENANT IN PLACE. Seller offering 3% towards buyer's closing costs with full price offer! Located in a gated community near South Mountain and several top golf courses, this property offers strong rental appeal and minimal maintenance. Interior finishes include granite or quartz countertops, luxury vinyl plank flooring, and all appliances included. The garage is wired for electric vehicle charging, and there's even a dog door for pet-loving renters. Plus, a fenced dog park area. The HOA handles front yard landscaping, and the backyard is already finished with turf and gravel, making this a truly turnkey property for investors looking to grow their portfolio with ease. (Photos are of model home)

Last Agent to Sell the Property

Nathaniel Swartz

Stewardship Realty LLC License #SA704563000 Listed on: 04/04/2025

Co-Listed By

Mark Shipley

Stewardship Realty LLC License #BR546258000

Last Buyer's Agent

Hedy Ramani

Engel & Volkers Tucson License #SA656868000

Engel & Volkers Tucson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,766

Year Built

  • Built in 2023

Lot Details

  • 5,176 Sq Ft Lot
  • Block Wall Fence
  • Artificial Turf

HOA Fees

  • $141 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,961 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Smart Home

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Schools

  • Martin Luther King Early Childhood Center Elementary School
  • Percy L Julian Middle School
  • South Mountain High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Additional Features

  • Accessible Hallway
  • Covered Patio or Porch

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 122-43-011

Community Details

Overview

  • Association fees include ground maintenance, front yard maint
  • Gud Community Manage Association, Phone Number (480) 635-1133
  • Built by Alterro Builders
  • Goldwater Subdivision

Recreation

  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,766

Year Built

Built in 2023

Lot Details

0

HOA Fees

$141 per month

Parking

2

Listing Details

  • Cross Street: Broadway and 24th St
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 141.0
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2023
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: stewr001
  • Co List Office Phone: 602-384-2604
  • Subdivision Name: GOLDWATER
  • Architectural Style: Contemporary, Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 230.46
  • Association Fees:HOA Fee2: 141.0
  • Windows:Dual Pane: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Spa Features: None
  • Accessibility Features: Accessible Hallway(s)
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 1961.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Back, Synthetic Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Other (See Remarks)
  • Common Walls: No Common Walls
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access, Electric Vehicle Charging Station(s)
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Electric Vehicle Charging Station(s): Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Gated, Biking/Walking Path
  • Association Fee: 141.0
  • Association Fee Frequency: Monthly
  • Association Name: Goldwater Community
  • Phone: 602-881-2261
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 100.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: Goldwater Community
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 330.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 282.0
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: GUD Community Manage
  • Association Fees:HOA Management Phone: 480-635-1133
  • Association Fee Incl:Front Yard Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Front Yard Maint

Schools

  • Elementary School: Martin Luther King Early Childhood Center
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Percy L Julian School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5176.0
  • Parcel #: 122-43-011

Building Info

  • Builder Name: Alterro Builders

Tax Info

  • Tax Annual Amount: 2766.0
  • Tax Book Number: 122.00
  • Tax Lot: 7
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
May 15, 2025
Sold by
Goldwater Residential Estates Llc
Bought by
Khalil Mazhar and Jokar Tahereh Orouji
Seller's Agent
Nathaniel Swartz
Stewardship Realty LLC
Buyer's Agent
Hedy Ramani
Engel & Volkers Tucson
List Price
$456,500
Sold Price
$451,935
Premium/Discount to List
-$4,565
-1%
Current Estimated Value
$456,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,356
Avg. Annual Appreciation
1.53%
Original Mortgage
$338,951
Outstanding Balance
$337,748
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$118,543

Purchase Details

Closed on
Jul 26, 2024
Sold by
Goldwater Community Llc
Bought by
Goldwater Residential Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $451,935 Pioneer Title Agency
Special Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $338,951 New Conventional
Previous Owner $12,500,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2025 05/19/25 Sold $451,935 0.0% $230 / Sq Ft
05/19/2025 05/19/25 Rented $2,500 0.0% --
04/04/2025 04/04/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $456,500 0.0% $233 / Sq Ft
03/31/2025 03/31/25 Off Market $2,500 -- --
03/11/2025 03/11/25 Price Changed $2,500 +4.2% $1 / Sq Ft
03/11/2025 03/11/25 Price Changed $2,400 -14.3% $1 / Sq Ft
01/22/2025 01/22/25 Price Changed $2,800 +1.9% $1 / Sq Ft
01/21/2025 01/21/25 Price Changed $2,749 -1.8% $1 / Sq Ft
12/20/2024 12/20/24 For Rent $2,800 -- --
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 $2,840 $18,834 -- --
2024 $350 $17,937 -- --
2023 $350 $4,935 $4,935 $0
2022 $343 $4,560 $4,560 $0
2021 $350 $3,540 $3,540 $0
2020 $142 $2,744 $2,744 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2025

    Nathaniel Swartz

    Stewardship Realty LLC

    (602) 888-2989

    37 in this area

    89 Total Sales

    Nathaniel Swartz
    Section Image

  • J

    Seller's Agent in 2025

    Joan Faith

    Faith Real Estate and Investments, LLC

    (480) 233-2903

    36 Total Sales

    Joan Faith
    Section Image
  • Mark Shipley

    Seller Co-Listing Agent in 2025

    Mark Shipley

    Stewardship Realty LLC

    (623) 341-0552

    35 in this area

    106 Total Sales

    Mark Shipley
    Section Image

  • H

    Buyer's Agent in 2025

    Hedy Ramani

    Engel & Volkers Tucson

    (520) 371-8012

    1 in this area

    2 Total Sales

    Hedy Ramani
    Section Image

  • G

    Buyer's Agent in 2025

    Gavin Rutledge

    Faith Real Estate and Investments, LLC

    8 Total Sales

    Gavin Rutledge
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6847235

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-43-011

Arizona Maricopa County Phoenix 85040 South Mountain

2328 E Marguerite Ave, Phoenix, AZ

Sold

Detached

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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