G
Seller's Agent in 2018
Gina Hollman
HomeSmart
(480) 326-3394
2715 E Marconi Ave Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated Value: $474,823 - $675,000
Studio
--
Bath
3,050
Sq Ft
$197/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heat Pump System
About This Home
As of June 2018PRICED TO SELL! SOLID LONG-TERM TENANTS IN PLACE THAT HAVE LONG-TERM LEASES. CASH FLOW!!! AVERAGE RENT IS OVER $600 WHICH TOTALS ~ $29,000/YR. 100% OCCUPIED... NO HOA EITHER (SAVINGS OF ~$8,000/YR). WELL MAINTAINED UNITS. ALMOST ALL OF THE WINDOWS HAVE BEEN REPLACED OVER THE LAST SEVERAL YEARS, TWO NEWER AC UNITS AND 3 RECENTLY REPLACED WATER HEATERS AND SECURITY DOORS FOR EACH UNIT. NEWER PAINT THROUGHOUT AND REGULAR MAINTENANCE HAS BEEN CONDUCTED AS NEEDED.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $887
Year Built
- Built in 1984
Lot Details
- 9,975
Home Design
- Tile Roof
- Built-Up Roof
- Block Exterior
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Paved Parking
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 14
- Assessor Parcel Number 214-40-189
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
Building Details
- Operating Expense $3,837
- Gross Income $28,980
- Net Operating Income $24,343
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 29, 2019
Sold by
Mountain Country Investments Llc
Bought by
Cox & Woodruff Llc
Current Estimated Value
Purchase Details
Listed on
Mar 10, 2018
Closed on
Aug 14, 2018
Sold by
Woodruff Wade and Cox Jerry M
Bought by
Mountain Country Investments Llc
Seller's Agent
Gina Hollman
HomeSmart
Buyer's Agent
Gina Hollman
HomeSmart
List Price
$329,000
Sold Price
$276,000
Premium/Discount to List
-$53,000
-16.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.80%
Original Mortgage
$210,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 10, 2018
Closed on
Jun 26, 2018
Sold by
Hollman Justin M
Bought by
Woodruff Wade and Cox Jerry M
Seller's Agent
Gina Hollman
HomeSmart
Buyer's Agent
Gina Hollman
HomeSmart
List Price
$329,000
Sold Price
$276,000
Premium/Discount to List
-$53,000
-16.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 10, 2018
Closed on
Jun 25, 2018
Sold by
Woodruff Shannon and Woodruff Wade
Bought by
Woodruff Wade
Seller's Agent
Gina Hollman
HomeSmart
Buyer's Agent
Gina Hollman
HomeSmart
List Price
$329,000
Sold Price
$276,000
Premium/Discount to List
-$53,000
-16.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Listed on
Dec 28, 2012
Closed on
Apr 3, 2013
Sold by
Hollman Gina Marie
Bought by
Hollman Justin M
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
H. Reginald Sanchez
HomeSmart
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
13.07%
Original Mortgage
$108,750
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 28, 2012
Closed on
Feb 25, 2013
Sold by
Levihen Llc
Bought by
Hollman Justin M
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
H. Reginald Sanchez
HomeSmart
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.
Original Mortgage
$108,750
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Levihen Llc
Purchase Details
Closed on
Dec 9, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Federal Home Loan Mortgage Corp
Purchase Details
Closed on
Oct 20, 2008
Sold by
Han Jung Ha and Han Christina B
Bought by
Hsbc Bank Usa Na
Purchase Details
Closed on
Nov 13, 2007
Sold by
Rucker Ryan
Bought by
Han Jung Ha and Han Christina B
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
6.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 24, 2007
Sold by
Flores Jeffrey
Bought by
Rucker Ryan
Purchase Details
Closed on
Jan 30, 2007
Sold by
Chaparral Investment Properties Llc
Bought by
Rucker Ryan
Purchase Details
Closed on
Mar 8, 2005
Sold by
Park Michael S
Bought by
Chaparral Investment Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 17, 2005
Sold by
Savin Barry E and Savin Rachel D
Bought by
Park Michael S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 23, 2004
Sold by
Lofranco Salvador J and Lofranco Paula S
Bought by
Savin Barry E and Savin Rachel D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 2003
Sold by
Toma Mati and Toma Nahreen
Bought by
Lofranco Salvador J and Lofranco Paula S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 13, 2003
Sold by
Zobler Erich
Bought by
Toma Mati and Toma Nahreen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,375
Interest Rate
5.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2002
Sold by
Wheeler Curtis E and Wheeler Diane L
Bought by
Zobler Erich
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
7.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 13, 2001
Sold by
Swank Leo A
Bought by
Wheeler Curtis E and Wheeler Diane L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,400
Interest Rate
7.21%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cox & Woodruff Llc | -- | Accommodation | |
| Mountain Country Investments Llc | -- | Pioneer Title Agency Inc | |
| Woodruff Wade | $276,000 | Chicago Title Agency Inc | |
| Woodruff Wade | -- | Chicago Title Agency Inc | |
| Hollman Justin M | -- | Chicago Title Agency Inc | |
| Hollman Justin M | $145,000 | Clear Title Agency Inc | |
| Levihen Llc | $75,000 | First American Title Ins Co | |
| Federal Home Loan Mortgage Corp | -- | Lsi Title Company | |
| Hsbc Bank Usa Na | $235,328 | None Available | |
| Han Jung Ha | $350,000 | Stewart Title & Trust Of Pho | |
| Rucker Ryan | -- | Stewart Title & Trust Of Pho | |
| Rucker Ryan | $319,880 | Stewart Title & Trust Of Pho | |
| Chaparral Investment Properties Llc | -- | Security Title Agency Inc | |
| Park Michael S | -- | Security Title Agency Inc | |
| Park Michael S | $310,000 | Security Title Agency Inc | |
| Savin Barry E | $255,000 | Transnation Title | |
| Lofranco Salvador J | $230,000 | Transnation Title Ins Co | |
| Toma Mati | $212,500 | American Title Ins Agency Az | |
| Zobler Erich | $189,000 | Fidelity National Title | |
| Wheeler Curtis E | $160,500 | Capital Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mountain Country Investments Llc | $210,000 | |
| Previous Owner | Hollman Justin M | $108,750 | |
| Previous Owner | Hollman Justin M | $108,750 | |
| Previous Owner | Han Jung Ha | $280,000 | |
| Previous Owner | Park Michael S | $217,000 | |
| Previous Owner | Park Michael S | $217,000 | |
| Previous Owner | Savin Barry E | $204,000 | |
| Previous Owner | Lofranco Salvador J | $184,000 | |
| Previous Owner | Toma Mati | $159,375 | |
| Previous Owner | Zobler Erich | $155,200 | |
| Previous Owner | Wheeler Curtis E | $128,400 | |
| Closed | Wheeler Curtis E | $16,000 | |
| Closed | Zobler Erich | $38,800 | |
| Closed | Savin Barry E | $25,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/29/2018 06/29/18 | Sold | $276,000 | -8.0% | $90 / Sq Ft | |
| 05/15/2018 05/15/18 | Price Changed | $299,900 | -8.8% | $98 / Sq Ft | |
| 05/07/2018 05/07/18 | For Sale | $329,000 | 0.0% | $108 / Sq Ft | |
| 05/07/2018 05/07/18 | Price Changed | $329,000 | 0.0% | $108 / Sq Ft | |
| 04/23/2018 04/23/18 | For Sale | $329,000 | 0.0% | $108 / Sq Ft | |
| 04/20/2018 04/20/18 | Pending | -- | -- | -- | |
| 04/18/2018 04/18/18 | Price Changed | $329,000 | -0.3% | $108 / Sq Ft | |
| 04/13/2018 04/13/18 | Price Changed | $329,900 | -2.7% | $108 / Sq Ft | |
| 03/10/2018 03/10/18 | For Sale | $339,000 | +133.8% | $111 / Sq Ft | |
| 04/04/2013 04/04/13 | Sold | $145,000 | -2.7% | $48 / Sq Ft | View Prior Sale |
| 02/06/2013 02/06/13 | Pending | -- | -- | -- | |
| 12/14/2012 12/14/12 | For Sale | $149,000 | -- | $49 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,042 | $10,193 | -- | -- |
| 2024 | $993 | $9,708 | -- | -- |
| 2023 | $993 | $43,880 | $8,770 | $35,110 |
| 2022 | $984 | $31,230 | $6,240 | $24,990 |
| 2021 | $986 | $25,410 | $5,080 | $20,330 |
| 2020 | $956 | $22,250 | $4,450 | $17,800 |
| 2019 | $957 | $18,030 | $3,600 | $14,430 |
| 2018 | $926 | $17,320 | $3,460 | $13,860 |
| 2017 | $887 | $14,760 | $2,950 | $11,810 |
| 2016 | $873 | $13,470 | $2,690 | $10,780 |
| 2015 | $808 | $11,230 | $2,240 | $8,990 |
Source: Public Records
Agents Affiliated with this Home
-
Gina Hollman
-
L
Seller's Agent in 2013
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
-
L
Seller Co-Listing Agent in 2013
Lois Kaipainen
Income Property Shop
-
H. Reginald Sanchez
Buyer's Agent in 2013
H. Reginald Sanchez
HomeSmart
(602) 577-9056
3 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5735338
APN: 214-40-189
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.
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
Nearby Homes
- 2644 E Paradise Ln
- 2844 E Monte Cristo Ave
- 2829 E Tracy Ln Unit 4
- 15601 N 27th St Unit 33
- 15801 N 29th St Unit 4
- 2640 E Beverly Ln
- 15655 N 29th St
- 16244 N 27th Place
- 2532 E Tierra Buena Ln
- 2838 E Beck Ln Unit 2
- 15402 N 28th St Unit 221
- 15402 N 28th St Unit 112
- 15402 N 28th St Unit 124
- 15402 N 28th St Unit 226
- 2842 E Beck Ln Unit 2
- 16225 N Cave Creek Rd Unit 46
- 16225 N Cave Creek Rd Unit 1
- 16225 N Cave Creek Rd Unit 85
- 16225 N Cave Creek Rd Unit 140
- 15626 N 29th Way
- 2709 E Marconi Ave
- 2721 E Marconi Ave
- 2714 E Tierra Buena Ln
- 2727 E Marconi Ave Unit ALL
- 2727 E Marconi Ave
- 2727 E Marconi Ave Unit 1
- 2701 E Marconi Ave
- 2718 E Tierra Buena Ln
- 2718 E Tierra Buena Ln Unit 2
- 2708 E Tierra Buena Ln Unit 1
- 2708 E Tierra Buena Ln Unit 3
- 2708 E Tierra Buena Ln
- 2716 E Marconi Ave
- 2710 E Marconi Ave Unit ALL
- 2710 E Marconi Ave
- 2710 E Marconi Ave Unit 2
- 2710 E Marconi Ave Unit 3
- 2710 E Marconi Ave Unit 4
- 2710 E Marconi Ave Unit 1-4
- 2722 E Marconi Ave