NOT LISTED FOR SALE

2446 E Waltann Ln Phoenix, AZ 85032

Paradise Valley Neighborhood

Estimated Value: $597,000 - $748,000

9 Beds
-- Bath
3,300 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $507,500 $154 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,545/month

30 Days on Market

Highlights

  • Heated Community Pool
  • Community Barbecue Grill
  • Heat Pump System
  • Cooling Available

About This Home

As of June 2021

This fully rented four-plex is an investment opportunity you won't want to miss out on! The property is in an incredible location in a quiet cul-de-sac nearby restaurants, convenience stores, hiking trails and easy access to the 51 Freeway! All units are tenant occupied, please do not disturb tenants!

Last Agent to Sell the Property

George Laughton

My Home Group Real Estate License #SA579470000 Listed on: 03/25/2021

My Home Group Real Estate

Co-Listed By

Stephanie Hooker

My Home Group Real Estate License #SA662408000

Last Buyer's Agent

Sonya Buerger

HomeSmart License #SA638787000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,209

Year Built

  • Built in 1982

Lot Details

  • 9,757

Home Design

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

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Aire Libre Elementary School
  • Greenway Middle School
  • North Canyon High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 214-40-192

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9755
  • Greenley Place Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $11,625
  • Gross Income $30,183
  • Net Operating Income $19,977

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,209

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 25th St & Greenway Pkwy
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multiple Family
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2020
  • Directions: South on 25th St then West on Waltann Ln to property on the Right side.
  • Road Surface Type: Asphalt, Dedicated Street
  • Co List Office Mls Id: myhg01
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: GREENLEY PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Submetered System
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Barbecue: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Fee Information

  • Annual Water Sewer Expense: 4240.0

Schools

  • Elementary School: Aire Libre Elementary School
  • High School: North Canyon High School
  • Middle Or Junior School: Greenway Middle School

Lot Info

  • Lot Size: 9755
  • Additional Parcels: No
  • Parcel #: 214-40-192

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 30183.4
  • Insurance Expense: 1300.0
  • Maintenance Expense: 2500.0
  • Property Net Operating Income: 19977.0
  • Annual Operating Expense: 11625.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1209.0
  • Tax Book Number: 214.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
Richards Elaine
Bought by
Castillo Fernando A and Castillo Luz Estela
Total Days on Market
30
Current Estimated Value
$647,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$665,000
Interest Rate
6.85%
Mortgage Type
Seller Take Back
Estimated Equity
-$17,289

Purchase Details

Listed on
Mar 25, 2021
Closed on
Jun 16, 2021
Sold by
Dresden Properties Llc
Bought by
Richards Elaine L
Seller's Agent
George Laughton
My Home Group Real Estate
Buyer's Agent
Sonya Buerger
HomeSmart
List Price
$479,000
Sold Price
$507,500
Premium/Discount to List
$28,500
5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$380,625
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2019
Sold by
Cordova Cesar and Cordova Rosa Marie
Bought by
Dresden Properties Llc

Purchase Details

Closed on
Aug 3, 2016
Sold by
Cuzco Investments Llc
Bought by
Cordova Cesar and Cordova Rosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,999
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2015
Sold by
Cordova Cesar H and Cordova Rosa Maria
Bought by
Cuzco Investments Llc

Purchase Details

Closed on
Dec 15, 2010
Sold by
Lindner Hans and Lindner Pamela
Bought by
Cordova Cesar H and Cordova Rosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,550
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2004
Sold by
Mccauley Marcy
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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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
Castillo Fernando A $715,000 Pioneer Title Agency
Richards Elaine L $507,500 Lawyers Title Of Arizona Inc
Dresden Properties Llc $130,000 First American Title Insuran
Cordova Cesar -- Placer Title Company
Cuzco Investments Llc -- None Available
Cordova Cesar H $87,000 Great American Title Agency
Lindner Hans $281,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Fernando A $665,000
Previous Owner Richards Elaine L $380,625
Previous Owner Cordova Cesar $125,999
Previous Owner Cordova Cesar H $56,550
Previous Owner Lindner Hans $28,150
Previous Owner Lindner Hans J $28,150
Previous Owner Lindner Hans J $225,200
Previous Owner Lindner Hans $225,200
Previous Owner Dabb William $162,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $507,500 +5.9% $154 / Sq Ft
03/25/2021 03/25/21 For Sale $479,000 -- $145 / 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 $1,283 $12,891 -- --
2024 $1,256 $12,277 -- --
2023 $1,256 $42,670 $8,530 $34,140
2022 $1,244 $28,670 $5,730 $22,940
2021 $1,247 $27,060 $5,410 $21,650
2020 $1,209 $23,720 $4,740 $18,980
2019 $1,210 $19,370 $3,870 $15,500
2018 $1,171 $18,580 $3,710 $14,870
2017 $1,122 $16,560 $3,310 $13,250
2016 $1,103 $14,350 $2,870 $11,480
2015 $1,022 $12,110 $2,420 $9,690
Source: Public Records

Agents Affiliated with this Home

  • George Laughton

    Seller's Agent in 2021

    George Laughton

    My Home Group Real Estate

    (623) 462-3017

    81 in this area

    3,112 Total Sales

    George Laughton
    Section Image
  • Stephanie Hooker

    Seller Co-Listing Agent in 2021

    Stephanie Hooker

    My Home Group

    (602) 628-1860

    9 in this area

    159 Total Sales

    Stephanie Hooker
    Section Image
  • Sonya Buerger

    Buyer's Agent in 2021

    Sonya Buerger

    HomeSmart

    (480) 322-0155

    24 in this area

    93 Total Sales

    Sonya Buerger
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6211955

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-192

Arizona Maricopa County Phoenix 85032 Paradise Valley

2446 E Waltann Ln, Phoenix, AZ

This home is located at 2446 E Waltann Ln, Phoenix, AZ 85032 since 25 March 2021 and is currently estimated at $647,711, approximately $196 per square foot. This property was built in 1982. 2446 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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