NOT LISTED FOR SALE

2721 E Marconi Ave Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $576,626 - $689,000

8 Beds
-- Bath
3,050 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $600,000 $197 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,564/month

10 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Heat Pump System

About This Home

As of July 2022

4plex in North Phoenix area. 2bd/lb 762sf each unit. Tenants occupied on month to month basis. Please
do not disturb tenants. .

Last Agent to Sell the Property

Thomas Mastromatto

Mountain Lake Realty License #BR104207000 Listed on: 05/17/2022

Last Buyer's Agent

Jorge Munos

Realty Executives Arizona Territory License #SA654047000

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $984

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Flooring

  • Vinyl Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Palomino Primary Elementary School
  • North Canyon High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for electricity, water, sewer, cable TV
  • Tax Lot 13
  • Assessor Parcel Number 214-40-188

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Andrea Villas Subdivision

Building Details

  • Operating Expense $984

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$984

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: CAVE CREEK AND GREENWAY PKWY
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: Andrea Villas
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Vinyl
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Other, Tile, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other, >1 Space Per Unit
  • Attached Garage: No
  • 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 Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Elementary School: Palomino Primary School
  • High School: North Canyon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 214-40-188

Multi Family

  • Owner Pays: Other, See Remarks, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 984.0

Tax Info

  • Tax Annual Amount: 984.0
  • Tax Book Number: 214.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
May 31, 2022
Sold by
Keung Wong Koon and Yee Po
Bought by
Guillen Omar
Seller's Agent
Thomas Mastromatto
Mountain Lake Realty
Buyer's Agent
Jorge Munos
Realty Executives Arizona Territory
List Price
$620,000
Sold Price
$600,000
Premium/Discount to List
-$20,000
-3.23%
Current Estimated Value
$656,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,407
Avg. Annual Appreciation
2.86%
Original Mortgage
$589,132
Interest Rate
5.23%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wong Koon Keung and Wong Po Kam Yee

Purchase Details

Closed on
Dec 5, 2008
Sold by
Hsbc Mortgage Corporation
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 27, 2008
Sold by
Han Jung Ha and Han Christina B
Bought by
Hsbc Mortgage Corporation Usa

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
$61,000
Interest Rate
5.61%
Mortgage Type
Stand Alone Second

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
$61,000
Interest Rate
5.61%
Mortgage Type
Stand Alone Second

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
Koshaba Maryann
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
$182,400
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2003
Sold by
Koshaba Azeez
Bought by
Koshaba Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,200
Interest Rate
5.97%

Purchase Details

Closed on
Jan 8, 2003
Sold by
Zobler Erich
Bought by
Koshaba Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,200
Interest Rate
5.97%

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
$184,300
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1999
Sold by
Deputy Rex
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
$102,510
Interest Rate
6.76%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Guillen Omar $600,000 First American Title
Wong Koon Keung $73,000 First American Title Ins Co
Federal Home Loan Mortgage Corp -- Lsi Title Company
Federal Home Loan Mortgage Corp -- Lsi Title Company
Hsbc Mortgage Corporation Usa $251,957 None Available
Han Jung Ha $350,000 Stewart Title & Trust Of Pho
Rucker Ryan -- Stewart Title & Trust Of Pho
Rucker Ryan $315,387 Stewart Title & Trust Of Pho
Chaparral Investment Properties Llc -- Security Title Agency Inc
Park Michael S -- Security Title Agency Inc
Park Michael S $305,000 Security Title Agency Inc
Savin Barry E $255,000 Transnation Title
Lofranco Salvador J $228,000 Transnation Title Ins Co
Koshaba Maryann -- American Title Ins Agency
Koshaba Maryann $213,000 American Title Ins Agency
Zobler Erich $189,000 Fidelity National Title
Wheeler Curtis E $107,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guillen Omar $589,132
Previous Owner Han Jung Ha $280,000
Previous Owner Park Michael S $61,000
Previous Owner Park Michael S $213,500
Previous Owner Park Michael S $213,500
Previous Owner Savin Barry E $204,000
Previous Owner Lofranco Salvador J $182,400
Previous Owner Koshaba Maryann $130,200
Previous Owner Zobler Erich $184,300
Previous Owner Wheeler Curtis E $102,510
Closed Savin Barry E $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $600,000 -3.2% $197 / Sq Ft
05/17/2022 05/17/22 For Sale $620,000 -- $203 / 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 $1,012 $10,172 -- --
2024 $991 $9,688 -- --
2023 $991 $43,770 $8,750 $35,020
2022 $981 $31,170 $6,230 $24,940
2021 $984 $25,330 $5,060 $20,270
2020 $954 $22,180 $4,430 $17,750
2019 $955 $18,000 $3,600 $14,400
2018 $924 $17,300 $3,460 $13,840
2017 $886 $14,730 $2,940 $11,790
2016 $871 $13,450 $2,690 $10,760
2015 $806 $11,210 $2,240 $8,970
Source: Public Records

Agents Affiliated with this Home

  • Thomas Mastromatto

    Seller's Agent in 2022

    Thomas Mastromatto

    Mountain Lake Realty

    (602) 888-7073

    21 in this area

    639 Total Sales

    Thomas Mastromatto
    Section Image
  • Jorge Munos

    Buyer's Agent in 2022

    Jorge Munos

    Realty Executives

    (623) 428-9693

    5 in this area

    75 Total Sales

    Jorge Munos
    Section Image

  • J

    Buyer's Agent in 2022

    Jorge Munoz

    Realty Executives

  • Azroy Salim

    Buyer Co-Listing Agent in 2022

    Azroy Salim

    Realty Executives Arizona Territory

    (480) 338-4888

    5 in this area

    52 Total Sales

    Azroy Salim
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6401406

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-188

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2721 E Marconi Ave, Phoenix, AZ

This home is located at 2721 E Marconi Ave, Phoenix, AZ 85032 since 17 May 2022 and is currently estimated at $656,407, approximately $215 per square foot. This property was built in 1984. 2721 E Marconi Ave 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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