NOT LISTED FOR SALE

2727 E Marconi Ave Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $533,000 - $639,000

Studio
-- Bath
3,050 Sq Ft
$192/Sq Ft Est. Value

Sale Details

Date Sold: August 19, 2020

Last sale price $365,000 $120 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,253 / mo

57 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heat Pump System

About This Home

As of August 2020

Four - two bedroom units. Block build 1984. New roof in 2019 and cosmetic interior upgrades.. Drive by only, Do not disturb the tenants. No showings until after an accepeted contract.

Last Agent to Sell the Property

Mark Messner

Superlative Realty License #SA648605000 Listed on: 05/14/2020

Superlative Realty

Last Buyer's Agent

Ana Caprar

Delex Realty License #SA108548000

Delex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $955

Year Built

  • Built in 1984

Lot Details

  • 9,714

Home Design

  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 12
  • Assessor Parcel Number 214-40-187

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9712 Sq ft
  • Andrea Villas Lot 1 16 Subdivision

Building Details

  • Operating Expense $10,708
  • Gross Income $34,186
  • Net Operating Income $23,478

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$955

Year Built

Built in 1984

Lot Details

9,714 Sq Ft Lot

Listing Details

  • Cross Street: Paradise & 27th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3488.0
  • Subdivision Name: ANDREA VILLAS LOT 1-16
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Built-Up, Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, >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:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3190.0

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 9712 Sq ft
  • Additional Parcels: No
  • Parcel #: 214-40-187

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 34186.32
  • Insurance Expense: 1035.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 23478.0
  • Annual Operating Expense: 10708.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 955.0
  • Tax Book Number: 214.00
  • Tax Lot: 12

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

Closed on
Apr 14, 2021
Sold by
Bought by
Current Estimated Value
$586,116

Purchase Details

Listed on
May 14, 2020
Closed on
Aug 5, 2020
Sold by
Bought by
Seller's Agent
Mark Messner
Superlative Realty
Buyer's Agent
Ana Caprar
Delex Realty
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$250,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jun 17, 2016
Sold by
Bought by
Seller's Agent
Bill Scheidt
PMI East Valley
Buyer's Agent
Mark Messner
Superlative Realty
List Price
$185,000
Sold Price
$179,000
Premium/Discount to List
-$6,000
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.63%
Original Mortgage
$132,550
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 2010
Sold by
Bought by

Purchase Details

Closed on
May 24, 2010
Sold by
Bought by

Purchase Details

Closed on
May 18, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 24, 2005
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
$256,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 4, 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
$195,600
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 1999
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
$86,000
Interest Rate
6.9%
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
-- None Listed On Document
$365,000 Stewart Ttl & Tr Of Phoenix
$176,750 Great American Title Agency
-- None Available
-- None Available
-- None Available
-- Accommodation
-- Accommodation
-- None Available
$76,725 The Talon Group Baseline
$282,172 None Available
$320,000 Security Title Agency Inc
-- Security Title Agency Inc
$244,500 Ticor Title Agency Of Az Inc
$107,500 First American Title
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
Previous Owner $250,000
Previous Owner $132,550
Previous Owner $256,000
Previous Owner $195,600
Previous Owner $86,000
Closed $32,000
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 Prior Sale
08/19/2020 08/19/20 Sold $365,000 0.0% $120 / Sq Ft
08/14/2020 08/14/20 For Sale $365,000 0.0% $120 / Sq Ft
08/14/2020 08/14/20 Price Changed $365,000 0.0% $120 / Sq Ft
07/09/2020 07/09/20 For Sale $365,000 0.0% $120 / Sq Ft
06/16/2020 06/16/20 For Sale $365,000 0.0% $120 / Sq Ft
05/14/2020 05/14/20 For Sale $365,000 +103.9% $120 / Sq Ft
06/20/2016 06/20/16 Sold $179,000 -3.2% $59 / Sq Ft View Prior Sale
05/19/2016 05/19/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $185,000 0.0% $61 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $185,000 -- $61 / 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 $1,040 $10,172 -- --
2024 $991 $9,688 -- --
2023 $991 $43,750 $8,750 $35,000
2022 $981 $31,160 $6,230 $24,930
2021 $984 $25,320 $5,060 $20,260
2020 $954 $22,170 $4,430 $17,740
2019 $955 $18,000 $3,600 $14,400
2018 $924 $17,300 $3,460 $13,840
2017 $886 $14,720 $2,940 $11,780
2016 $871 $13,430 $2,680 $10,750
2015 $806 $11,210 $2,240 $8,970
Source: Public Records

Agents Affiliated with this Home

  • Mark Messner

    Seller's Agent in 2020

    Mark Messner

    Superlative Realty

    (480) 745-0084

    1 in this area

    30 Total Sales

    Mark Messner
    Section Image
  • Ana Caprar

    Buyer's Agent in 2020

    Ana Caprar

    Delex Realty

    (602) 369-7023

    5 in this area

    18 Total Sales

    Ana Caprar
    Section Image

  • B

    Seller's Agent in 2016

    Bill Scheidt

    PMI East Valley

    1 in this area

    9 Total Sales

    Bill Scheidt
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6078119

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-187

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2727 E Marconi Ave, 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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