Seller's Agent in 2025
Paul Bay
Marcus & Millichap
(480) 600-2626
2 in this area
19 Total Sales
2726 E Tierra Buena Ln Phoenix, AZ 85032
Paradise Valley Village Neighborhood
--
Bed
--
Bath
3,016
Sq Ft
1987
Built
Highlights
- Cooling Available
- Vinyl Flooring
- Individual Controls for Heating
About This Home
As of December 2025Advantageously placed just west of State Route 51, Tierra Buena (''the property'') is a 4-unit apartment community located just east of the Cave Creek Road and Greenway Parkway intersection, deep inside the expanding Northeast Phoenix submarket. Its nearby proximity to State Route 51, a major transportation artery, affords residents direct access to simple passage within desirable commute times to nearly any destination across The Valley. Included in those nearby destinations are some of the largest employment corridors in Arizona. The I-17 / Deer Valley and Scottsdale Airpark employment corridors are reachable within a 10-minute drive, and the Biltmore employment district is less than 15 minutes away. In addition to powerful job opportunities, the surrounding landscape is also flush with countless dining, shopping, and entertainment options. Desert Ridge, Scottsdale Quarter, and the Biltmore Area, each hold highly sought after nighttime experiences, including restaurants, bars, and retail stores. Built in 1987, Tierra Buena is entirely comprised of two-bedroom, two-bathroom floorplans covering 900 square feet. Future ownership will have the opportunity to upgrade the interiors of the 2 remaining classic units and capitalize on the associated rental premium already proven out at the property.
Last Agent to Sell the Property
Marcus & Millichap License #SA671037000 Listed on: 05/21/2025
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,153
Year Built
- Built in 1987
Home Design
- Wood Frame Construction
- Foam Roof
- Stucco
Flooring
- Vinyl Flooring
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Over 1 Space Per Unit
Utilities
- Cooling Available
- Individual Controls for Heating
Listing and Financial Details
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 5
- Assessor Parcel Number 214-40-252
Community Details
Overview
- 4 Units
- Building Dimensions are 0.22
Building Details
- Operating Expense $14,717
- Gross Income $50,182
- Net Operating Income $35,655
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2025
Closed on
Dec 3, 2025
Sold by
Rmttc Llc
Bought by
Guerrero Ivan Rosero
Seller's Agent
Paul Bay
Marcus & Millichap
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$710,000
Sold Price
$615,000
Premium/Discount to List
-$95,000
-13.38%
Views
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
8.59%
Original Mortgage
$430,500
Outstanding Balance
$430,500
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$190,613
Purchase Details
Closed on
Nov 6, 2020
Sold by
Hsu Richard and Hsu Marisa
Bought by
Rmttc Llc
Purchase Details
Closed on
Mar 12, 2020
Sold by
Bui Nguyen Diana H
Bought by
Hsu Richard and Hsu Marisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,750
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 2011
Sold by
Bui James Q
Bought by
Bui Nguyen Diana H
Purchase Details
Closed on
Mar 7, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
Bui Nguyen Diana H
Purchase Details
Closed on
Dec 14, 2010
Sold by
Barker Kevin and Barker Kristen
Bought by
Hsbc Bank Usa National Association
Purchase Details
Closed on
Apr 24, 2007
Sold by
2726 E Tierra Buena Llc
Bought by
Barker Kevin and Barker Kristen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
6.75%
Mortgage Type
Trade
Purchase Details
Closed on
Mar 8, 2005
Sold by
Wirgler David and Wirgler Laura
Bought by
2726 E Tierra Buena Llc
Purchase Details
Closed on
Dec 3, 2004
Sold by
Ballonoff Nelly
Bought by
Wirgler David and Wirgler Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
1.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 30, 2004
Sold by
Ballonoff Nelly
Bought by
Ballonoff Nelly and The Nelly Ballonoff Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 9, 2004
Sold by
Windfeldt John M
Bought by
Ballonoff Nelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 9, 1999
Sold by
Windfeldt Joan E
Bought by
Windfeldt John M
Purchase Details
Closed on
Aug 23, 1999
Sold by
Dante Vincent
Bought by
Lopresto Dante Patricia
Purchase Details
Closed on
Dec 28, 1993
Sold by
Lopresto Richard M and Lopresto Carole D
Bought by
Dante Vincent J and Lopresto Dante Patricia L
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $615,000 | Pioneer Title Agency | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $402,700 | Chicago Title Agency Inc | |
| Interfamily Deed Transfer | -- | American Title Service Agenc | |
| Cash Sale Deed | $66,500 | American Title Service Agenc | |
| Trustee Deed | $84,500 | None Available | |
| Warranty Deed | $339,000 | Grand Canyon Title Agency In | |
| Special Warranty Deed | $295,000 | -- | |
| Warranty Deed | $295,000 | Tsa Title Agency | |
| Interfamily Deed Transfer | -- | First American Title | |
| Special Warranty Deed | $225,000 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Warranty Deed | $122,616 | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $430,500 | New Conventional | |
| Previous Owner | $297,750 | New Conventional | |
| Previous Owner | $271,200 | Trade | |
| Previous Owner | $236,000 | New Conventional | |
| Previous Owner | $202,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2025 12/01/25 | Sold | $615,000 | -5.4% | $204 / Sq Ft |
| 11/13/2025 11/13/25 | Price Changed | $650,000 | 0.0% | $216 / Sq Ft |
| 09/03/2025 09/03/25 | Pending | -- | -- | -- |
| 07/31/2025 07/31/25 | Price Changed | $650,000 | -2.3% | $216 / Sq Ft |
| 06/19/2025 06/19/25 | Price Changed | $665,000 | -2.2% | $220 / Sq Ft |
| 06/09/2025 06/09/25 | Price Changed | $680,000 | -2.2% | $225 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $695,000 | -2.1% | $230 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $710,000 | -- | $235 / 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 | $1,024 | $10,023 | -- | -- |
| 2024 | $977 | $9,545 | -- | -- |
| 2023 | $977 | $43,520 | $8,700 | $34,820 |
| 2022 | $967 | $30,960 | $6,190 | $24,770 |
| 2021 | $970 | $25,150 | $5,030 | $20,120 |
| 2020 | $940 | $22,080 | $4,410 | $17,670 |
| 2019 | $941 | $17,880 | $3,570 | $14,310 |
| 2018 | $910 | $17,280 | $3,450 | $13,830 |
| 2017 | $873 | $15,350 | $3,070 | $12,280 |
| 2016 | $858 | $14,050 | $2,810 | $11,240 |
| 2015 | $794 | $11,620 | $2,320 | $9,300 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Bay
-
N
Buyer's Agent in 2025
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6869954
APN: 214-40-252
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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