NOT LISTED FOR SALE

2426 E Waltann Ln Phoenix, AZ 85032

Paradise Valley Neighborhood

Estimated Value: $499,049 - $643,000

-- Bed
-- Bath
3,300 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 04, 2019

Last sale price $322,000 $98 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,275/month

10 Days on Market

Highlights

  • Sport Court
  • Community Barbecue Grill
  • Heating Available
  • Cooling Available
  • Ceramic Tile Flooring

About This Home

As of November 2019

4plex with combination of 1 story and 2 story units. Washer/Dryer Hook ups in each unit. This quaint property has 1 covered parking for each unit. This association also has a picnic/BBQ area with small basketball court for kids to play. Fully leased puts this property as a great investment.

Last Agent to Sell the Property

Susan McCall

Commercial Property Connect License #BR552939000 Listed on: 09/27/2019

Last Buyer's Agent

Susan McCall

Commercial Property Connect License #BR552939000 Listed on: 09/27/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,225

Year Built

  • Built in 1982

Lot Details

  • 10,585

Home Design

  • Tile Roof
  • Composition Roof
  • Metal Construction or Metal Frame
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 4
  • Assessor Parcel Number 214-40-195

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10564
  • Greenley Place Lot 1 8 Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Sport Court

Building Details

  • Operating Expense $14,614
  • Gross Income $31,680
  • Net Operating Income $17,066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,225

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Greenway Parkway and Waltann LN
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2019
  • Directions: On Greenway Prkwy turn south on 25th St to Waltann and Turn west to end of the street. Property will be on the north side.
  • Road Surface Type: Asphalt, Dedicated Street, Sidewalk(s)
  • Professional Management Expense: 2420.0
  • Subdivision Name: GREENLEY PLACE LOT 1-8
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks, Barbecue, Sport Court, No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:Barbecue: Yes
  • Community Amenities:Sport Court: Yes

Fee Information

  • Annual Water Sewer Expense: 4039.0

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 10564
  • Additional Parcels: No
  • Parcel #: 214-40-195

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: See Remarks, Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 380.0
  • Annual Gross Income: 31680.0
  • Insurance Expense: 3805.0
  • Property Net Operating Income: 17066.0
  • Annual Operating Expense: 14614.0

Tax Info

  • Tax Annual Amount: 1225.0
  • Tax Book Number: 214.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Oct 30, 2019
Sold by
Kaloustian Albert
Bought by
Chan Tommy and Chan Kailey
Seller's Agent
Susan McCall
Commercial Property Connect
Buyer's Agent
Susan McCall
Commercial Property Connect
List Price
$329,000
Sold Price
$322,000
Premium/Discount to List
-$7,000
-2.13%
Total Days on Market
10
Current Estimated Value
$564,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,262
Avg. Annual Appreciation
10.58%
Original Mortgage
$234,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2013
Closed on
Oct 3, 2013
Sold by
Dahlstedt Brad and Dahlstedt Lisa
Bought by
Kaloustian Albert
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Keith Rohde
eXp Realty
List Price
$205,000
Sold Price
$180,000
Premium/Discount to List
-$25,000
-12.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$127,500
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2011
Sold by
Federal National Mortgage Association
Bought by
Dahlstedt Brad and Dahlstedt Lisa

Purchase Details

Closed on
Sep 12, 2011
Sold by
Gmac Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 8, 2011
Sold by
Lindner Hans J and Lindner Pamela A
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Nov 24, 2004
Sold by
Mccauley Marcelyn J
Bought by
Lindner Hans and Lindner Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,150
Interest Rate
5.74%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Chan Tommy $312,000 Chicago Title Agency
Kaloustian Albert $180,000 Lawyers Title Of Arizona Inc
Dahlstedt Brad $76,000 First American Title Ins Co
Federal National Mortgage Association -- None Available
Gmac Mortgage Llc $227,848 None Available
Lindner Hans $281,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Tommy $280,000
Closed Chan Tommy $234,000
Previous Owner Kaloustian Albert $127,500
Previous Owner Lindner Hans J $274,400
Previous Owner Lindner Hans $28,150
Previous Owner Lindner Hans J $225,200
Previous Owner Lindner Hans J $28,150
Previous Owner Lindner Hans $225,200
Previous Owner Dabb William R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2019 11/04/19 Sold $322,000 -2.1% $98 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $329,000 +82.8% $100 / Sq Ft
11/01/2013 11/01/13 Sold $180,000 -12.2% $55 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $205,000 -- $62 / 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 $1,299 $13,052 -- --
2024 $1,272 $12,430 -- --
2023 $1,272 $43,050 $8,610 $34,440
2022 $1,259 $28,910 $5,780 $23,130
2021 $1,263 $27,360 $5,470 $21,890
2020 $1,224 $23,970 $4,790 $19,180
2019 $1,225 $19,510 $3,900 $15,610
2018 $1,185 $18,710 $3,740 $14,970
2017 $1,136 $16,650 $3,330 $13,320
2016 $1,117 $14,470 $2,890 $11,580
2015 $1,035 $12,180 $2,430 $9,750
Source: Public Records

Agents Affiliated with this Home

  • Susan McCall

    Seller's Agent in 2019

    Susan McCall

    Commercial Property Connect

    (303) 478-0633

    Section Image
  • Shawn Abrams

    Buyer Co-Listing Agent in 2019

    Shawn Abrams

    Call Realty, Inc.

    (602) 703-0436

    76 Total Sales

    Shawn Abrams
    Section Image
  • Brian Gaffney

    Seller's Agent in 2013

    Brian Gaffney

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    2 in this area

    27 Total Sales

    Brian Gaffney
    Section Image
  • Keith Rohde

    Buyer's Agent in 2013

    Keith Rohde

    eXp Realty

    (480) 820-1562

    6 Total Sales

    Keith Rohde
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5986199

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-195

Arizona Maricopa County Phoenix 85032 Paradise Valley

2426 E Waltann Ln, Phoenix, AZ

This home is located at 2426 E Waltann Ln, Phoenix, AZ 85032 since 27 September 2019 and is currently estimated at $564,262, approximately $170 per square foot. This property was built in 1982. 2426 E Waltann Ln is a home located in Maricopa County with nearby schools including Palomino Primary School, Palomino Intermediate School, and Greenway Middle 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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