NOT LISTED FOR SALE

2739 E Marconi Ave Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $564,000 - $706,000

-- Bed
-- Bath
3,050 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $351,250 $115 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,548/month

79 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Ceramic Tile Flooring

About This Home

As of August 2019

Nice, block construction 4-plex building for sale in north Phoenix on a quite street.
Conveniently located to SR-51 and 101 highways. All 2BD, 1BA units with stackable W/D, dishwashers, extra large back yards and parking lot. Steady income, 100% occupied and long term tenants.
Buyer to verify all information.

Last Agent to Sell the Property

Adrian Stamenov

Realty ONE Group License #SA539804000 Listed on: 04/02/2019

Realty ONE Group

Last Buyer's Agent

Ulises Sandoval

Coldwell Banker Realty License #BR632595000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $930

Year Built

  • Built in 1984

Lot Details

  • 10,367

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Free Parking
  • Paved Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 10
  • Assessor Parcel Number 214-40-185

Community Details

Overview

  • 4 Units
  • Building Dimensions are 100x120
  • Andrea Villas Subdivision

Building Details

  • Operating Expense $4,354
  • Gross Income $31,440
  • Net Operating Income $28,016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$930

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Cave Creek Rd & Greenway Pkway
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2018
  • Directions: Go north to Paradise Ln. turn right and go to 27th street, turn right and go to Marconi Ave. turn left. The property is on the right hand side.
  • Road Surface Type: Asphalt
  • Subdivision Name: Andrea Villas
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free, Assigned, Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), Electric, Heat Pump, Individual
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 1284.0
  • Annual Water Sewer Expense: 1440.0

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 100x120
  • Additional Parcels: No
  • Parcel #: 214-40-185

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 31440.0
  • Insurance Expense: 700.0
  • Property Net Operating Income: 28016.0
  • Annual Operating Expense: 4354.0

Tax Info

  • Tax Annual Amount: 930.0
  • Tax Book Number: 214.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Aug 8, 2019
Sold by
Stamenov Petrana
Bought by
Villa Omar N
Seller's Agent
Adrian Stamenov
Realty ONE Group
Buyer's Agent
Ulises Sandoval
Coldwell Banker Realty
List Price
$369,900
Sold Price
$351,250
Premium/Discount to List
-$18,650
-5.04%
Current Estimated Value
$653,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,750
Avg. Annual Appreciation
10.61%
Original Mortgage
$280,000
Outstanding Balance
$245,909
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$407,091

Purchase Details

Listed on
Sep 2, 2016
Closed on
Nov 17, 2016
Sold by
Wuerch Byron and Wuerch Michele
Bought by
Stamenov Petrana
Seller's Agent
Sherman Weekes
Crest Premier Properties
Buyer's Agent
Adrian Stamenov
Realty ONE Group
List Price
$189,000
Sold Price
$192,000
Premium/Discount to List
$3,000
1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.17%
Original Mortgage
$178,703
Interest Rate
3.47%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2009
Sold by
Bayholdings Inc
Bought by
Wuerch Byron and Wuerch Michele

Purchase Details

Closed on
Jan 23, 2009
Sold by
Starcevic Mihad and Starcevic Slandjana
Bought by
Bay Holdings Inc

Purchase Details

Closed on
May 31, 2007
Sold by
Lawrence Joe and Deutsch Jill
Bought by
Starcevic Mihad and Starcevic Sladjana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2006
Sold by
Penrose Virginia
Bought by
Lawrence Joe and Deutsch Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,800
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2005
Sold by
Whitherwax Troy L and Witherwax Donna L
Bought by
Penrose Virginia

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
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2003
Sold by
Wesley Diane M
Bought by
Witherwax Troy L and Whiterwax Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,680
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 1999
Sold by
Macmacdougall James Mac
Bought by
Wesley Diane M

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
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1998
Sold by
Taylor Lofton Scott and Taylor Margaret
Bought by
Macdougall James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1996
Sold by
Luna Renato and Luna Wendy
Bought by
Taylor Lofton Scott and Taylor Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 1995
Sold by
Mulvaney John E
Bought by
Luna Renato and Luna Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,250
Interest Rate
9.75%
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
Villa Omar N $251,250 Magnus Title Agency Llc
Stamenov Petrana $192,000 Old Republic Title Agency
Wuerch Byron $94,000 Equity Title Agency Inc
Bay Holdings Inc $259,825 Great American Title Agency
Starcevic Mihad $325,000 Capital Title Agency Inc
Lawrence Joe $328,500 Tsa Title Agency
Penrose Virginia $326,000 Security Title Agency Inc
Witherwax Troy L -- Security Title Agency Inc
Witherwax Troy L $247,100 Ticor Title Agency Of Az Inc
Wesley Diane M $112,000 First American Title
Macdougall James $87,000 First American Title
Taylor Lofton Scott $99,000 Old Republic Title Agency
Luna Renato $67,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Omar N $280,000
Previous Owner Stamenov Petrana $178,703
Previous Owner Starcevic Mihad $292,500
Previous Owner Lawrence Joe $262,800
Previous Owner Penrose Virginia $195,600
Previous Owner Witherwax Troy L $197,680
Previous Owner Wesley Diane M $89,600
Previous Owner Macdougall James $78,300
Previous Owner Taylor Lofton Scott $79,200
Previous Owner Luna Renato $50,250
Closed Penrose Virginia $65,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $351,250 -5.0% $115 / Sq Ft
08/03/2019 08/03/19 Price Changed $369,900 0.0% $121 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $369,900 +92.7% $121 / Sq Ft
11/29/2016 11/29/16 Sold $192,000 +1.6% $63 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $189,000 0.0% $62 / Sq Ft
11/01/2016 11/01/16 Price Changed $189,000 0.0% $62 / Sq Ft
10/11/2016 10/11/16 Price Changed $189,000 -2.1% $62 / Sq Ft
09/02/2016 09/02/16 For Sale $193,000 -- $63 / 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 $1,019 $10,241 -- --
2024 $998 $9,753 -- --
2023 $998 $44,060 $8,810 $35,250
2022 $988 $31,370 $6,270 $25,100
2021 $991 $25,550 $5,110 $20,440
2020 $960 $22,370 $4,470 $17,900
2019 $962 $18,110 $3,620 $14,490
2018 $930 $17,380 $3,470 $13,910
2017 $891 $14,800 $2,960 $11,840
2016 $877 $13,530 $2,700 $10,830
2015 $812 $11,270 $2,250 $9,020
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Adrian Stamenov

    Realty One Group

    (602) 953-4000

    4 in this area

    9 Total Sales

    Adrian Stamenov
    Section Image
  • Ulises Sandoval

    Buyer's Agent in 2019

    Ulises Sandoval

    Coldwell Banker Realty

    (602) 501-5001

    3 in this area

    121 Total Sales

    Ulises Sandoval
    Section Image

  • S

    Seller's Agent in 2016

    Sherman Weekes

    Crest Premier Properties

    (480) 706-0160

    14 Total Sales

    Sherman Weekes
    Section Image

  • E

    Seller Co-Listing Agent in 2016

    Euphemia Weekes

    Crest Premier Properties

    (480) 838-9558

    9 Total Sales

    Euphemia Weekes
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5905074

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-40-185

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2739 E Marconi Ave, Phoenix, AZ

This home is located at 2739 E Marconi Ave, Phoenix, AZ 85032 since 02 April 2019 and is currently estimated at $653,000, approximately $214 per square foot. This property was built in 1984. 2739 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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