NOT LISTED FOR SALE

2733 E Marconi Ave Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $377,217 - $691,000

Studio
-- Bath
3,050 Sq Ft
$184/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2013

Last sale price $170,000 $56 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $3,122 / mo

27 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available

About This Home

As of December 2013

Investment Opportunity. Nice, clean 4-Plex recently rehabbed. All units with above average surfaces & fixtures, including granite, new cabinets, vanities, plumbing fixtures, carpet, paint, etc. Each unit also has new A/C units, and all new windows and doors, including screened security door. Each unit has appliances that stay with the property and each unit has washer/dryer hookup (washer/dryer not incl). Monthly income of $1,980 in rent. See additional info in doc tab.

Last Agent to Sell the Property

Ray Milliman

HomeSmart License #SA037826000 Listed on: 10/10/2013

HomeSmart

Last Buyer's Agent

Marla Wicks

DeLex Realty License #SA537509000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $679

Year Built

  • Built in 1984

Lot Details

  • 9,801

Home Design

  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Palomino Primary Elementary School
  • Greenway High Middle School
  • North Canyon High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 11
  • Assessor Parcel Number 214-40-186

Community Details

Overview

  • 4 Units
  • Building Dimensions are 9780

Building Details

  • Operating Expense $9,267
  • Net Operating Income $16,004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$679

Year Built

Built in 1984

Lot Details

9,801 Sq Ft Lot

Listing Details

  • Cross Street: GREENWAY Greenway Parkway & Cave Cr
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1650.0
  • Annual Water Sewer Expense: 1620.0

Schools

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

Lot Info

  • Lot Size: 9780
  • Additional Parcels: No
  • Parcel #: 214-40-186

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 966.0
  • Maintenance Expense: 2961.37
  • Property Net Operating Income: 16004.0
  • Annual Operating Expense: 9266.59

Tax Info

  • Tax Annual Amount: 679.22
  • Tax Book Number: 214.00
  • Tax Lot: 11

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

Listed on
Oct 10, 2013
Closed on
Dec 12, 2013
Sold by
Bought by
Seller's Agent
Ray Milliman
HomeSmart
Buyer's Agent
Marla Wicks
DeLex Realty
List Price
$197,500
Sold Price
$170,000
Premium/Discount to List
-$27,500
-13.92%
Current Estimated Value
$561,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,804
Avg. Annual Appreciation
10.02%
Original Mortgage
$127,500
Outstanding Balance
$95,709
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$466,095

Purchase Details

Listed on
Oct 10, 2013
Closed on
Dec 4, 2013
Sold by
Bought by
Seller's Agent
Ray Milliman
HomeSmart
Buyer's Agent
Marla Wicks
DeLex Realty
List Price
$197,500
Sold Price
$170,000
Premium/Discount to List
-$27,500
-13.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$95,709
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$466,095

Purchase Details

Listed on
Sep 2, 2012
Closed on
Oct 5, 2012
Sold by
Bought by
Seller's Agent
David Jenkins
My Home Group Real Estate
Buyer's Agent
Ray Milliman
HomeSmart
List Price
$169,500
Sold Price
$150,000
Premium/Discount to List
-$19,500
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$101,500
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2012
Closed on
Oct 4, 2012
Sold by
Bought by
Seller's Agent
David Jenkins
My Home Group Real Estate
Buyer's Agent
Ray Milliman
HomeSmart
List Price
$169,500
Sold Price
$150,000
Premium/Discount to List
-$19,500
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2012
Closed on
Sep 19, 2012
Sold by
Bought by
Seller's Agent
David Jenkins
My Home Group Real Estate
Buyer's Agent
Ray Milliman
HomeSmart
List Price
$169,500
Sold Price
$150,000
Premium/Discount to List
-$19,500
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 29, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 4, 2008
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
$289,000
Interest Rate
11.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 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
$64,000
Interest Rate
5.53%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 9, 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
$64,000
Interest Rate
5.53%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 8, 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
$64,000
Interest Rate
5.53%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 28, 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
$23,600
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 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
$89,600
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 1998
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
$74,850
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1994
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
$66,948
Interest Rate
8.83%
Mortgage Type
FHA
Source: Public Records
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

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
-- Chicago Title Agency Inc
$170,000 Chicago Title Agency Inc
-- Chicago Title Agency Inc
-- Accommodation
$145,000 Chicago Title Agency Inc
-- Chicago Title Agency Inc
$90,000 Guaranty Title Agency
$134,100 None Available
$340,000 Stewart Title & Trust Of Pho
-- Stewart Title & Trust Of Pho
$328,986 Stewart Title & Trust Of Pho
-- Security Title Agency Inc
$320,000 Security Title Agency Inc
-- Security Title Agency Inc
-- Transnation Title Ins Co
$236,000 Transnation Title Ins Co
$112,000 First American Title
$83,200 Grand Canyon Title Agency In
-- Security Title Agency
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
Open $127,500
Closed $127,500
Previous Owner $101,500
Previous Owner $101,500
Previous Owner $289,000
Previous Owner $64,000
Previous Owner $64,000
Previous Owner $224,000
Previous Owner $23,600
Previous Owner $89,600
Previous Owner $74,850
Previous Owner $66,948
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
12/23/2013 12/23/13 Sold $170,000 -13.9% $56 / Sq Ft
11/06/2013 11/06/13 Pending -- -- --
10/10/2013 10/10/13 For Sale $197,500 +31.7% $65 / Sq Ft
10/08/2012 10/08/12 Sold $150,000 -11.5% $49 / Sq Ft View Prior Sale
09/07/2012 09/07/12 Pending -- -- --
09/02/2012 09/02/12 For Sale $169,500 -- $56 / 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 $43,780 $8,750 $35,030
2022 $981 $31,180 $6,230 $24,950
2021 $984 $25,350 $5,070 $20,280
2020 $954 $22,200 $4,440 $17,760
2019 $955 $18,010 $3,600 $14,410
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

  • Ray Milliman

    Seller's Agent in 2013

    Ray Milliman

    HomeSmart

    (602) 818-6707

    7 Total Sales

    Ray Milliman
    Section Image

  • M

    Buyer's Agent in 2013

    Marla Wicks

    DeLex Realty

    Section Image

  • D

    Seller's Agent in 2012

    David Jenkins

    My Home Group

    3 Total Sales

    David Jenkins
    Section Image
  • Annette Wyatt

    Seller Co-Listing Agent in 2012

    Annette Wyatt

    RE/MAX

    (480) 355-9509

    1 in this area

    42 Total Sales

    Annette Wyatt
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5013334

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-186

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2733 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.