NOT LISTED FOR SALE

2534 E Greenway Rd Phoenix, AZ 85032

Paradise Valley Neighborhood
-- Bed
-- Bath
5,948 Sq Ft
5,948 Sq Ft Lot

Last Sold January 24, 2019

Last sale price $464,500 $78 Per Sq Ft

50 Days on Market

About This Home

As of January 2019

Excellent Investment Opportunity in North Phoenix. 9.5% cap rate on actual income and low basis of $78/sf. Below market rental rates give an investor substantial upside on return. Three tenants on NNN leases. Call for more information!

Last Listed By

Eric Ferber

Cutler Commercial License #SA653578000 Listed on: 10/17/2018

Property Details

Property Type

  • Other

Year Built

  • Built in 2003

Lot Details

  • 5,948 Sq Ft Lot
  • Property is zoned C-2

Home Design

  • 5,948 Sq Ft Home
  • Block Exterior

Parking

  • 40 Parking Spaces
  • 20 Covered Spaces

Community Details

  • 3 Buildings
  • Net Operating Income $44,457

Listing and Financial Details

  • Assessor Parcel Number 214-40-498

Property Details

Property Type

Other

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: 25th St & Greenway Rd
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Retail, Retail PAD, Religious Facility, Medical/Dental, Recreational, Office, Warehouse
  • Number Of Buildings: 3
  • Year Built: 2003
  • Tax Year: 2018
  • Directions: 25th St & Greenway just off the 51 freeway.
  • Lot Size Acres: 0.14
  • Structure Type: Commercial, Office, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Other, See Remarks
  • Construction Type: Block
  • Roof: See Remarks, Other
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 20.0
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 40.0
  • General Property Description:Covered Parking Spcs: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 40.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Lot Info

  • Lot Size Sq Ft: 5948.0
  • Additional Parcels: No
  • Parcel #: 214-40-498
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 44457.08

Tax Info

  • Tax Book Number: 214.00
  • Tax Lot: 0
  • Tax Map Number: 40.00

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

Property History

Date Event Price Change Sq Ft Price
01/24/2019 01/24/19 Sold $464,500 -1.0% $78 / Sq Ft
12/05/2018 12/05/18 Pending -- -- --
10/16/2018 10/16/18 For Sale $469,000 -- $79 / 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 -- -- -- --
2024 -- $83 $83 --
2023 -- $85 $85 --
2022 $0 $88 $88 $0
2021 $0 $90 $90 $0
2020 $0 $90 $90 $0
2019 $0 $90 $90 $0
2018 $0 $90 $90 $0
2017 $0 $90 $90 $0
2016 $0 $90 $90 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Ferber

    Seller's Agent in 2019

    Eric Ferber

    Cutler Commercial

    (602) 332-2821

    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5834192

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-501

Arizona Maricopa County Phoenix 85032 Paradise Valley

2534 E Greenway Rd, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 2534 E Greenway Rd, Phoenix, AZ 85032 since 17 October 2018. This property was built in 2003. 2534 E Greenway Rd 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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