NOT LISTED FOR SALE

2445 E Waltann Ln Phoenix, AZ 85032

Paradise Valley Neighborhood

Estimated Value: $594,142 - $649,000

-- Bed
-- Bath
3,244 Sq Ft
$193/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $426,000 $131 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,614/month

1 Day on Market

Highlights

  • Heated Community Pool
  • Central Air
  • Heating Available

About This Home

As of November 2020

GREAT PROPERTY FOR EITHER OWNER OCCUPANCY OR AS AN INVESTMENT. IT'S LIKE OWNING 4 TOWNHOUSES! FEATURES INCLUDE LARGE & CLEAN UNITS WITH CERAMIC TILE & CARPETING, LOW EXTERIOR MAINTENANCE, PRIVATE PATIOS & STORAGE UNITS, & CARPORTS WITH ADDITIONAL PARKING. UPSIDE ON RENTS..THE 2 BEDROOM UNITS ARE RENTED AT $700, $775 AND $850; (THYE SHOULD ALL BE RENTED NO LESS THAN $950); & THE 3 BEDROOM AT $850 (SHOULD BE NO LESS THAN $1100) THESE NUMBERS ARE BASED ON IDENTICAL NEIGHBORING COMPLEXES AND WHAT THEY ARE RENTING FOR. THIS PROPERTY IS OFFERED BELOW MARKET VALUE FOR QUICK SALE. IT IS A REALLY GREAT LOCATION NEXT TO NEWER BUILT APARTMENTS AND TOWNHOMES.

Last Agent to Sell the Property

Jake Allen

Tradelands Realty License #SA569290000 Listed on: 11/12/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1984

Lot Details

  • 9,670

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

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

Schools

  • Palo Verde Elementary School
  • Greenway Middle School
  • North Canyon High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 8
  • Assessor Parcel Number 214-40-199

Community Details

Overview

  • 4 Units
  • Building Dimensions are irregular
  • Greenley Place Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $9,099
  • Net Operating Income $23,590

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,239

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Greenway Parkway & 25th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: 4 plex
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2020
  • Directions: S. on 25th St. to Waltann Lane. Property on SE corner
  • Road Surface Type: Asphalt
  • Subdivision Name: Greenley Place
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 7.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 7.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Palo Verde Elementary School
  • High School: North Canyon High School
  • Middle Or Junior School: Greenway Middle School

Lot Info

  • Lot Size: irregular
  • Additional Parcels: No
  • Parcel #: 214-40-199

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Insurance Expense: 900.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 23590.0
  • Annual Operating Expense: 9099.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1239.0
  • Tax Book Number: 214.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Nov 25, 2020
Sold by
Buko Holding Llc
Bought by
Rabadi Laith and Rabadi Esmeralda
Seller's Agent
Jake Allen
Tradelands Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$400,000
Sold Price
$426,000
Premium/Discount to List
$26,000
6.5%
Total Days on Market
1
Current Estimated Value
$626,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,036
Avg. Annual Appreciation
8.93%
Original Mortgage
$360,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2019
Sold by
Reltso Llc
Bought by
Buko Holdings Llc

Purchase Details

Closed on
Jan 25, 2011
Sold by
Campanella Carol
Bought by
Reltso Llc

Purchase Details

Closed on
Aug 16, 2010
Sold by
2445 E Waltann Llc
Bought by
Campanella Carol

Purchase Details

Closed on
Feb 13, 2006
Sold by
Campanella Carol
Bought by
2445 E Waltann Llc

Purchase Details

Closed on
Jun 28, 2005
Sold by
Mukherjee Ritwik
Bought by
Campanella Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2002
Sold by
Nelson William and Nelson Blanca
Bought by
Mukherjee Ritwik

Purchase Details

Closed on
Jun 17, 2002
Sold by
Mukherjee Julie
Bought by
Mukherjee Ritwik

Purchase Details

Closed on
Oct 1, 2001
Sold by
Loleski Suzanna and Loleski Slavko
Bought by
Nelson William and Nelson Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 1995
Sold by
Resolution Trust Corp
Bought by
Loleski Slavko and Loleski Suzanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.9%
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
Rabadi Laith $426,000 American Title Svc Agcy Llc
Buko Holdings Llc -- None Available
Reltso Llc $95,825 None Available
Campanella Carol -- First American Title Ins Co
2445 E Waltann Llc $385,000 None Available
Campanella Carol $385,000 Tsa Title Agency
Mukherjee Ritwik $229,900 Transnation Title Insurance
Mukherjee Ritwik -- Transnation Title Insurance
Nelson William $212,000 First Southwestern Title
Loleski Slavko -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabadi Laith $352,500
Closed Rabadi Laith $360,000
Previous Owner Campanella Carol $308,000
Previous Owner Mukherjee Ritwik $217,500
Previous Owner Nelson William $169,600
Previous Owner Loleski Slavko $55,000
Closed Nelson William $21,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $426,000 +6.5% $131 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $400,000 -- $123 / 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 $1,315 $13,208 -- --
2024 $1,287 $12,579 -- --
2023 $1,287 $41,700 $8,340 $33,360
2022 $1,274 $27,910 $5,580 $22,330
2021 $1,278 $26,300 $5,260 $21,040
2020 $1,239 $23,030 $4,600 $18,430
2019 $1,240 $18,680 $3,730 $14,950
2018 $1,199 $16,350 $3,270 $13,080
2017 $1,150 $16,060 $3,210 $12,850
2016 $1,131 $13,910 $2,780 $11,130
2015 $1,047 $11,270 $2,250 $9,020
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jake Allen

    Tradelands Realty

    (480) 610-6833

    1 in this area

    48 Total Sales

    Jake Allen
    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6159668

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-199

Arizona Maricopa County Phoenix 85032 Paradise Valley

2445 E Waltann Ln, Phoenix, AZ

This home is located at 2445 E Waltann Ln, Phoenix, AZ 85032 since 12 November 2020 and is currently estimated at $626,036, approximately $192 per square foot. This property was built in 1984. 2445 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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