NOT LISTED FOR SALE

2714 E Tierra Buena Ln Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $352,743 - $764,000

Studio
-- Bath
3,240 Sq Ft
$182/Sq Ft Est. Value

Sale Details

Date Sold: September 24, 2015

Last sale price $174,500 $54 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $3,263 / mo

3 Days on Market

About This Home

As of September 2015

Excellent North Phoenix rental neighborhood. Tenant pleasing 2 bedroom/2 bath units with washer/dryer hookups! Lots of tile! Three of the units have updated kitchens and baths with newer cabinets and granite countertops! Buyer to verify all items prior during the due diligence period.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 08/03/2015

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

Mark Archer

My Home Group Real Estate License #SA538039000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $865

Year Built

  • Built in 1987

Lot Details

  • 9,801

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 3
  • Assessor Parcel Number 214-40-250

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Sandra Villas Lot 1 16 Subdivision

Building Details

  • Gross Income $23,883
  • Net Operating Income $16,418

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$865

Year Built

Built in 1987

Lot Details

9,801 Sq Ft Lot

Listing Details

  • Cross Street: 32nd Street/Greenway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1987
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Subdivision Name: SANDRA VILLAS LOT 1-16
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Tile, Built-Up
  • 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, SRP
  • Cooling: Individual, Heat Pump, Electric
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3600.0

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 214-40-250

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 23883.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1750.0
  • Property Net Operating Income: 16418.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 865.0
  • Tax Book Number: 214.00
  • Tax Lot: 3

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
Aug 3, 2015
Closed on
Sep 18, 2015
Sold by
Bought by
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Mark Archer
My Home Group Real Estate
List Price
$174,500
Sold Price
$174,500
Current Estimated Value
$590,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,436
Avg. Annual Appreciation
11.97%
Original Mortgage
$130,875
Outstanding Balance
$102,618
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$488,318

Purchase Details

Closed on
Feb 20, 2013
Sold by
Bought by

Purchase Details

Closed on
May 6, 2009
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
$75,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2006
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
$280,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 20, 2004
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
$220,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2004
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
$179,900
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2004
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
$179,900
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2004
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
$179,900
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
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
$180,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2003
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
$180,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 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
$129,600
Interest Rate
7.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2000
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
$71,250
Interest Rate
7.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2000
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
$71,250
Interest Rate
7.86%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- Chicago Title Agency Inc
$174,500 Chicago Title Agency Inc
-- Accommodation
-- Old Republic Title Agency
$100,000 Old Republic Title Agency
$350,000 Tsa Title Agency
$275,000 Tsa Title Agency
-- Capital Title Agency Inc
$257,000 Capital Title Agency Inc
-- Capital Title Agency Inc
-- Capital Title Agency Inc
-- Tsa Title Agency
$225,000 Tsa Title Agency
$162,000 Capital Title Agency
-- --
$95,000 Transnation Title Insurance
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 $130,875
Previous Owner $75,000
Previous Owner $280,000
Previous Owner $220,000
Previous Owner $179,900
Previous Owner $180,000
Previous Owner $129,600
Previous Owner $71,250
Closed $16,200
Closed $22,500
Closed $51,400
Closed $27,500
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
09/24/2015 09/24/15 Sold $174,500 0.0% $54 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $174,500 -- $54 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,075 $10,523 -- --
2024 $1,026 $10,022 -- --
2023 $1,026 $45,760 $9,150 $36,610
2022 $1,015 $32,530 $6,500 $26,030
2021 $1,018 $26,380 $5,270 $21,110
2020 $987 $23,170 $4,630 $18,540
2019 $988 $18,810 $3,760 $15,050
2018 $956 $18,180 $3,630 $14,550
2017 $916 $16,130 $3,220 $12,910
2016 $901 $14,780 $2,950 $11,830
2015 $834 $12,260 $2,450 $9,810
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2015

    Lois Kaipainen

    Income Property Shop

    Section Image

  • M

    Buyer's Agent in 2015

    Mark Archer

    My Home Group

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5315603

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-250

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2714 E Tierra Buena Ln, 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.

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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