NOT LISTED FOR SALE

2440 E Waltann Ln Phoenix, AZ 85032

Paradise Valley Neighborhood

Estimated Value: $502,000 - $647,000

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

Last Sold August 13, 2018

Last sale price $310,000 $94 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,108/month

51 Days on Market

About This Home

As of August 2018

Two of the units are up and down with 1.5 baths. One unit is a 2 bedroom, 1 bath single level.
One unit is a THREE bedroom, 2 bath single level.
One tenant has been in unit for 7 years.
Another tenant for 8 years.
the other two have leased the units for the past 2 years.

Last Agent to Sell the Property

Toni Artino

West USA Realty License #BR007945000 Listed on: 05/04/2018

West USA Realty

Co-Listed By

Sal Artino

West USA Realty License #SA674183000

Last Buyer's Agent

Blair Ballin

eXp Realty License #SA515962000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1982

Lot Details

  • 9,757

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Stucco

Parking

  • 3 Open Parking Spaces
  • 7 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Palomino Primary Elementary School
  • Greenway Middle School
  • North Canyon High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot 2
  • Assessor Parcel Number 214-40-193

Community Details

Overview

  • 4 Units
  • Building Dimensions are 79X130
  • Greenley Place Lot 1 8 Subdivision

Building Details

  • Operating Expense $9,286
  • Gross Income $28,500
  • Net Operating Income $19,214

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,260

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Greenway & Waltann
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2017
  • Directions: East on Waltann to building
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: eren01
  • Co List Office Phone: 602-938-2000
  • Subdivision Name: GREENLEY PLACE LOT 1-8
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition, Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Carport: Yes
  • Parking:Assigned: 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

  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 4560.0

Schools

  • Elementary School: Palomino Primary School
  • High School: North Canyon High School
  • Middle Or Junior School: Greenway Middle School

Lot Info

  • Lot Size: 79X130
  • Additional Parcels: No
  • Parcel #: 214-40-193

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 4
  • Annual Gross Income: 28500.0
  • Insurance Expense: 1306.0
  • Property Net Operating Income: 19214.0
  • Annual Operating Expense: 9286.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1260.0
  • Tax Book Number: 214.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 26, 2018
Sold by
Farina Carmela and The Farina Family Trust
Bought by
Pitschmann Jared R
Seller's Agent
Toni Artino
West USA Realty
Buyer's Agent
Blair Ballin
eXp Realty
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%
Total Days on Market
51
Current Estimated Value
$562,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,980
Avg. Annual Appreciation
9.17%
Original Mortgage
$299,150
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2016
Sold by
Farina Calogero and Farina Carmela
Bought by
Farina Calogero and Farina Carmela

Purchase Details

Closed on
Apr 18, 1995
Sold by
Bernstein Robert A and Kohn Herbert M
Bought by
Farina Calogero and Farina Carmela

Purchase Details

Closed on
Dec 6, 1994
Sold by
Kohn Nancy E
Bought by
Kohn Herbert M
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
Pitschmann Jared R $310,000 Empire West Title Agency
Farina Calogero -- None Available
Farina Calogero $98,500 Security Title Agency
Kohn Herbert M -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitschmann Jared R $298,528
Closed Pitschmann Jared R $299,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2018 08/13/18 Sold $310,000 -1.6% $94 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
06/17/2018 06/17/18 Pending -- -- --
06/11/2018 06/11/18 Pending -- -- --
05/29/2018 05/29/18 Price Changed $315,000 -4.5% $95 / Sq Ft
05/03/2018 05/03/18 For Sale $330,000 -- $100 / 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 $1,440 $14,470 -- --
2024 $1,410 $13,781 -- --
2023 $1,410 $42,670 $8,530 $34,140
2022 $1,396 $28,670 $5,730 $22,940
2021 $1,400 $27,060 $5,410 $21,650
2020 $1,357 $23,720 $4,740 $18,980
2019 $1,359 $19,370 $3,870 $15,500
2018 $1,314 $18,580 $3,710 $14,870
2017 $1,260 $16,560 $3,310 $13,250
2016 $1,239 $14,350 $2,870 $11,480
2015 $1,147 $12,110 $2,420 $9,690
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Toni Artino

    West USA Realty

    (602) 321-2916

    10 Total Sales

    Toni Artino
    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Sal Artino

    West USA Realty

    (480) 567-2339

    8 Total Sales

    Sal Artino
    Section Image
  • Blair Ballin

    Buyer's Agent in 2018

    Blair Ballin

    eXp Realty

    (480) 233-6433

    15 in this area

    130 Total Sales

    Blair Ballin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5760912

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-193

Arizona Maricopa County Phoenix 85032 Paradise Valley

2440 E Waltann Ln, Phoenix, AZ

This home is located at 2440 E Waltann Ln, Phoenix, AZ 85032 since 04 May 2018 and is currently estimated at $562,980, approximately $170 per square foot. This property was built in 1982. 2440 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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