Seller's Agent in 2022
Greg Johnson
United Southwest Realty
(602) 717-5115
3 in this area
103 Total Sales
2725 E Beck Ln Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated Value: $699,000 - $727,000
8
Beds
--
Bath
3,660
Sq Ft
$196/Sq Ft
Est. Value
Highlights
- Cooling Available
- Carpet
- Heating System Uses Natural Gas
About This Home
As of January 2022New Roof Feb 2021! Newer A/C units; Dual Pane Windows; Kitchens & Bathrooms remodeled in 2010. Full Sized Washer/Dryer in Indoor Laundry in each unit! Copper Plumbing; Romex Wiring. Large 2/1 units with ~915sf each Private Patios with Block Fencing No HOA; Seasoned Tenants paying below market rents. Median rents in area are $1157/mo! (Rentometer) .All tenants have been there between 4 - 12 years very close to Lookout Mountain. Pro-Forma P&L: Rents $1150 * 4 units * 12 months = $55,200/yr; insurance ($1384); Taxes ($1388): Water, Sewer, Trash ($4560); Maintenance ($2000) esti; House Lights ($540); Net Cash Flow = $45,328. Here is the info I have. The below Pro-Forma shows rents once raised to market values. The expenses are those per previous owner.
Current rents are $650/mo and 3 of the 4 tenants are MTM. We haven't raised rates, since we just recently purchased it (off-market) and wanted to let the next Owner raise them and use their preferred lease template/terms.
Recent Improvements:
Prior owner replaced roof in January 2021.
The A/C units were replaced on these months/years: Unit 1 6/16 Unit 2 8/20 Unit 3 4/18 Unit 4 6/17.
Copper plumbing per prior owner.
August 2021 we just completed new paint on the exterior fascia/trim and staircases. Scraped/sanded, caulked, primed, and painted.
Last Agent to Sell the Property
United Southwest Realty License #BR008487000 Listed on: 07/19/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,338
Year Built
- Built in 1985
Lot Details
- 0.29
Home Design
- Wood Frame Construction
- Tile Roof
- Foam Roof
- Stucco
Flooring
- Carpet
- Vinyl
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- On-Street Parking
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Heat Pump System
- Individual Controls for Heating
Listing and Financial Details
- The owner pays for water, sewer, landscaping
- Tax Lot 5
- Assessor Parcel Number 214-40-204
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
- Greenway Trails Subdivision
Building Details
- Operating Expense $1,338
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2021
Closed on
Jan 6, 2022
Sold by
Offer Sensible
Bought by
Aci-Beck Lane 2 Llc
Seller's Agent
Greg Johnson
United Southwest Realty
Buyer's Agent
Greg Johnson
United Southwest Realty
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,333
Avg. Annual Appreciation
3.48%
Original Mortgage
$648,000
Outstanding Balance
$593,618
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$123,715
Purchase Details
Closed on
Jun 16, 2021
Sold by
Cohan Joseph W and Cohan Jacqueline G
Bought by
Sensible Offer and True Freedom Achievers Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 23, 2010
Sold by
Aurora Loan Services Llc
Bought by
Cohan Joseph W and Cohan Jacqueline G
Purchase Details
Closed on
Jul 6, 2010
Sold by
Lin Jonathan Yuh Yow and Lin Janet Hueying
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Dec 21, 2005
Sold by
Lin Jonathan Yuh Yow and Lin Janet Hueying
Bought by
Jbk Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,920
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 13, 2005
Sold by
Conti John R and Conti Deanna G
Bought by
Lin Jonathan Yuh Yow and Lin Janet Hueying
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,920
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 7, 2004
Sold by
Tauber Jack
Bought by
Conti John R and Conti Deanna G
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
6.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 3, 2002
Sold by
Selewa Khoshaba H and Selewa Joan
Bought by
Tauber Jack
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
7.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 28, 2001
Sold by
Abouna Fred and Abouna Dolores Valdez
Bought by
Selewa Khoshaba H and Selewa Joan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
6.9%
Purchase Details
Closed on
Dec 12, 2000
Sold by
Bacall Mike
Bought by
Abouna Fred and Abouna Dolores Valdez
Purchase Details
Closed on
Aug 30, 2000
Sold by
Bacall Samantha
Bought by
Bacall Mike
Purchase Details
Closed on
Aug 25, 1998
Sold by
Pineda Petronilo and Pineda Adelaida Jusay
Bought by
Odisho Danis O and Odisho Yeranouhi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
6.88%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aci-Beck Lane 2 Llc | $625,000 | Driggs Title Agency | |
| Sensible Offer | $535,000 | Chicago Title | |
| Cohan Joseph W | $75,000 | Accommodation | |
| Aurora Loan Services Llc | $327,309 | Accommodation | |
| Jbk Holdings Llc | -- | Security Title Agency Inc | |
| Lin Jonathan Yuh Yow | $379,900 | Security Title Agency Inc | |
| Conti John R | $275,000 | Security Title Agency | |
| Tauber Jack | $188,000 | Fidelity National Title | |
| Selewa Khoshaba H | -- | Chicago Title Insurance Co | |
| Abouna Fred | -- | -- | |
| Bacall Mike | -- | Security Title Agency | |
| Bacall Mike | $140,000 | Security Title Agency | |
| Odisho Danis O | $125,000 | Transnation Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aci-Beck Lane 2 Llc | $648,000 | |
| Previous Owner | Sensible Offer | $413,000 | |
| Previous Owner | Lin Jonathan Yuh Yow | $303,920 | |
| Previous Owner | Conti John R | $220,000 | |
| Previous Owner | Tauber Jack | $131,250 | |
| Previous Owner | Selewa Khoshaba H | $140,250 | |
| Previous Owner | Odisho Danis O | $96,800 | |
| Closed | Conti John R | $41,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2022 01/06/22 | Sold | $625,000 | -10.6% | $171 / Sq Ft |
| 12/21/2021 12/21/21 | Pending | -- | -- | -- |
| 07/19/2021 07/19/21 | For Sale | $699,000 | -- | $191 / 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 | $1,458 | $14,269 | -- | -- |
| 2024 | $1,391 | $13,589 | -- | -- |
| 2023 | $1,391 | $46,600 | $9,320 | $37,280 |
| 2022 | $1,377 | $31,120 | $6,220 | $24,900 |
| 2021 | $1,381 | $29,460 | $5,890 | $23,570 |
| 2020 | $1,338 | $25,830 | $5,160 | $20,670 |
| 2019 | $1,340 | $20,830 | $4,160 | $16,670 |
| 2018 | $1,296 | $20,110 | $4,020 | $16,090 |
| 2017 | $1,242 | $17,050 | $3,410 | $13,640 |
| 2016 | $1,221 | $14,930 | $2,980 | $11,950 |
| 2015 | $1,131 | $12,080 | $2,410 | $9,670 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Johnson
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6266686
APN: 214-40-204
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
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