NOT LISTED FOR SALE

2601 E Monte Cristo Ave Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $413,031 - $543,000

Studio
-- Bath
2,093 Sq Ft
$227/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2019

Last sale price $260,000 $124 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,666 / mo

About This Home

MULTIFAMILY TRI-PLEX INVESTMENT OPPORTUNITY PROVIDING IMMEDIATE CASH-FLOW! This is a great Tri-Plex with all Two Bedroom/One Bath units. Each unit has a secure, gated front patio entrance, and private back yard area. All of the units have ceramic tile floors, and are in good shape. Rents are way below market, new buyer has significant upside. This is a very desirable rental area, and units rent quickly. There is also access to employment, entertainment, transportation, parks, and schools very near by. Property has extra land to the east of patio fenceline, and also a closed off alley in back that could be utilized for more parking or even to build carports or storage units.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Dec 13, 2019
Sold by
Bought by
Seller's Agent
Carrick Sears
SVN/Desert Commercial Advisors
Buyer's Agent
Carrick Sears
SVN/Desert Commercial Advisors
List Price
$270,000
Sold Price
$260,000
Premium/Discount to List
-$10,000
-3.7%
Current Estimated Value
$475,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,010
Avg. Annual Appreciation
9.44%
Original Mortgage
$195,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2017
Sold by
Bought by

Purchase Details

Listed on
Sep 1, 2016
Closed on
Oct 21, 2016
Sold by
Bought by
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Terry Kass
Coldwell Banker Commercial Realty
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$105,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.18%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 2013
Sold by
Bought by

Purchase Details

Listed on
Jan 18, 2012
Closed on
Mar 23, 2012
Sold by
Bought by
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$49,000
Sold Price
$40,000
Premium/Discount to List
-$9,000
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.75%
Original Mortgage
$39,000
Interest Rate
3.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 5, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.28%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 21, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.84%

Purchase Details

Closed on
Dec 27, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,850
Interest Rate
7.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Paradise Valley Village, AZ

  • Kimberly Mazinter Real Estate Agent - eXp Realty

    Kimberly Mazinter

    eXp Realty

    (855) 518-0127

    79 Total Sales

    3 in Paradise Valley Village

    $420K - $730K Price Range

    Kimberly Mazinter
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  • Garrett Daynes Real Estate Agent - DeLex Realty

    Garrett Daynes

    DeLex Realty

    (623) 263-4028

    27 Total Sales

    5 in Paradise Valley Village

    $600K - $1.2M Price Range

    Garrett Daynes
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  • Amy Keeling Real Estate Agent - My Home Group Real Estate

    Amy Keeling

    Responds Quickly

    My Home Group Real Estate

    (480) 745-2812

    26 Total Sales

    1 in Paradise Valley Village

    $755,000 Price

    Amy Keeling
     Section Image
  • Gretchen Baumgardner Real Estate Agent - Compass

    Gretchen Baumgardner

    Compass

    (623) 432-7014

    33 Total Sales

    1 in Paradise Valley Village

    $487,000 Price

    Gretchen Baumgardner
     Section Image
  • Danielle Paluscio Real Estate Agent - eXp Realty

    Danielle Paluscio

    eXp Realty

    (623) 500-6634

    122 Total Sales

    17 in Paradise Valley Village

    $275K - $1.8M Price Range

    Danielle Paluscio
     Section Image
  • Mario Romero Real Estate Agent - The Melcher Agency

    Mario Romero

    The Melcher Agency

    (602) 833-0553

    65 Total Sales

    1 in Paradise Valley Village

    $726,000 Price

    Mario Romero
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$260,000 Empire West Title Agency Llc
-- None Available
$140,000 Pioneer Title Agency Inc
-- Pioneer Title Agency Inc
$290,000 American Title Service Agenc
-- American Title Service Agenc
$40,000 Chicago Title
-- Chicago Title
$205,900 None Available
$205,900 Tsa Title Agency
$150,000 Transnation Title Insurance
-- Stewart Title & Trust Phoeni
$121,114 Stewart Title & Trust
$74,500 Stewart Title & Trust
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $65,400
Open $229,599
Closed $195,000
Previous Owner $105,000
Previous Owner $232,000
Previous Owner $39,000
Previous Owner $46,300
Previous Owner $164,700
Previous Owner $120,000
Previous Owner $120,000
Previous Owner $116,000
Previous Owner $96,850
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2019 12/16/19 Sold $260,000 -3.7% $124 / Sq Ft View Prior Sale
11/10/2019 11/10/19 Pending -- -- --
10/22/2019 10/22/19 For Sale $270,000 +86.2% $129 / Sq Ft
09/16/2016 09/16/16 Sold $145,000 -2.7% $69 / Sq Ft View Prior Sale
09/07/2016 09/07/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $149,000 0.0% $71 / Sq Ft
10/21/2015 10/21/15 Rented $500 0.0% --
10/06/2015 10/06/15 Under Contract -- -- --
09/25/2015 09/25/15 For Rent $500 +25.3% --
08/15/2014 08/15/14 Rented $399 -20.0% --
08/13/2014 08/13/14 Under Contract -- -- --
06/25/2014 06/25/14 For Rent $499 0.0% --
03/29/2012 03/29/12 Sold $40,000 -18.4% $19 / Sq Ft View Prior Sale
03/01/2012 03/01/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $49,000 -- $23 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $654 $6,401
2024 $624 $6,096
2023 $624 $27,730 $5,540 $22,190
2022 $618 $22,570 $4,510 $18,060
2021 $619 $18,580 $3,710 $14,870
2020 $600 $16,310 $3,260 $13,050
2019 $601 $13,130 $2,620 $10,510
2018 $581 $11,320 $2,260 $9,060
2017 $557 $10,380 $2,070 $8,310
2016 $548 $8,450 $1,690 $6,760
2015 $507 $7,100 $1,420 $5,680
Source: Public Records

Agents Affiliated with this Home

  • Carrick Sears Real Estate Agent - SVN/Desert Commercial Advisors

    Seller's Agent in 2019

    Carrick Sears

    SVN/Desert Commercial Advisors

    (602) 327-0325

    1 in this area

    15 Total Sales

    Carrick Sears
    Section Image
  • Terry Kass Real Estate Agent - Coldwell Banker Commercial Realty

    Seller's Agent in 2016

    Terry Kass

    Coldwell Banker Commercial Realty

    (602) 330-2525

    1 in this area

    21 Total Sales

    Terry Kass
    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Mark Skelpsa

    HomeSmart Realty

    Section Image

  • J

    Seller's Agent in 2015

    Jason Mendoza

    My Rental Superstore

    (602) 327-5584

    11 Total Sales

    Jason Mendoza
    Section Image

  • R

    Buyer's Agent in 2014

    Ronni Zeigler

    Realty One Group

    Section Image

  • L

    Seller's Agent in 2012

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image
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Map

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2601 E Monte Cristo Ave, Phoenix, AZ

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.

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