2801 E Marconi Ave Phoenix, AZ 85032
Paradise Valley Neighborhood
--
Bed
--
Bath
3,618
Sq Ft
1982
Built
Highlights
- Heated Community Pool
- Community Playground
- Heat Pump System
- Cooling Available
- Carpet
About This Home
As of May 202275% occupied four plex with 7.5% CAP. Conveniently located across from Palomino School & park. Community pool, green area, patios or decks & 1 covered parking space per unit. Units are 1-2BR, 2Bth, 1- 2BR, 1 & 1/2 Bth, 1-3BR, 3Bth & 1-1BR, 1Bth. Washer/dryer hook ups in each. #101 rented @ $690 3BR-exp 12/31/16, #102 vacant & rent ready - 1BR, #103 rented @ $550-exp 11/30/14, 2BR 1,5, BA #201 rented @ $525 2BR 2BA, exp 4/30/15. Seller has kept this property well maintained. Three HVACs have been replaced, HOA dues $512 per month per building (not unit). Includes pool, common area & parking lot maint, porter, water, sewer & trash. HOA fee does not include management fees or building maint. Tenants pay electric. NOTE unit sizes approx. Total Bldg 3618SF.
Last Agent to Sell the Property
1st Southwest Realty, LLC License #BR529524000 Listed on: 03/30/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $995
Year Built
- Built in 1982
Home Design
- Wood Frame Construction
- Built-Up Roof
Flooring
- Carpet
- Vinyl
Parking
- 4 Parking Spaces
- Carport
Schools
- Palomino Primary Elementary School
- Greenway High Middle School
- Paradise Valley High School
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
Listing and Financial Details
- Tax Lot 49
- Assessor Parcel Number 214-39-077
Community Details
Overview
- 4 Units
- Building Dimensions are 9555SF
- Palomino Pointe Subdivision
Recreation
- Community Playground
- Heated Community Pool
Building Details
- Operating Expense $995
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 11, 2023
Sold by
Basil Holdings Llc
Bought by
2801 Marconi Llc
Purchase Details
Listed on
May 22, 2019
Closed on
Aug 8, 2019
Sold by
Shanker Leah Marie and Shanker Matthew Thomas
Bought by
Shanker Leah Marie and Shanker Matthew Thomas
Seller's Agent
Ana Caprar
Delex Realty
Buyer's Agent
Ryan Swan
HomeSmart
List Price
$320,000
Sold Price
$305,000
Premium/Discount to List
-$15,000
-4.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.72%
Original Mortgage
$228,750
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 22, 2019
Closed on
Jul 19, 2019
Sold by
Caprar Ionel and Loanca Andreea L
Bought by
Shanker Matthew Thomas
Seller's Agent
Ana Caprar
Delex Realty
Buyer's Agent
Ryan Swan
HomeSmart
List Price
$320,000
Sold Price
$305,000
Premium/Discount to List
-$15,000
-4.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 11, 2016
Closed on
Jul 5, 2016
Sold by
Barbato Patric S
Bought by
Caprar Lonel and Ioanca Andreea L
Seller's Agent
Kurt Kominski
Realty ONE Group
Buyer's Agent
Ana Caprar
Delex Realty
List Price
$199,900
Sold Price
$199,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.86%
Original Mortgage
$196,278
Interest Rate
3.42%
Mortgage Type
FHA
Purchase Details
Listed on
Mar 30, 2014
Closed on
Sep 10, 2014
Sold by
Hobbs Gregory and Hobbs Jeanne Kafoury
Bought by
Barbato Patric S
Seller's Agent
Pat Hune
1st Southwest Realty, LLC
Buyer's Agent
Kurt Kominski
Realty ONE Group
List Price
$167,900
Sold Price
$166,000
Premium/Discount to List
-$1,900
-1.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$162,993
Interest Rate
4.37%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 11, 2008
Sold by
2801 E Marconi Llc
Bought by
Hobbs Gregory and Hobbs Jeanne Kafoury
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 25, 2006
Sold by
Pounds James E and Pounds Shelon E
Bought by
2801 E Marconi Llc
Purchase Details
Closed on
Nov 8, 2005
Sold by
Bliven Investments Llc
Bought by
Pounds James E and Pounds Shelon E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 25, 2005
Sold by
Paradise Urban Investments Llc
Bought by
Bliven Investments
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,125,000
Interest Rate
5.64%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 7, 2004
Sold by
Paradise Club Llc
Bought by
Paradise Urban Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,257,450
Interest Rate
6.06%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 24, 1997
Sold by
Fidelity National Title Insurance Co
Bought by
Eldorado Arms Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.9%
Similar Home in Phoenix, AZ
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 | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Magnus Title Agency Llc | |
| Warranty Deed | $305,000 | Magnus Title Agency Llc | |
| Warranty Deed | $199,900 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $166,000 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $325,000 | Chicago Title Insurance Comp | |
| Special Warranty Deed | $380,000 | None Available | |
| Warranty Deed | $380,000 | Tsa Title Agency | |
| Special Warranty Deed | $17,300,000 | -- | |
| Special Warranty Deed | $12,100,000 | Fidelity National Title | |
| Warranty Deed | -- | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $520,000 | New Conventional | |
| Previous Owner | $228,750 | New Conventional | |
| Previous Owner | $196,278 | FHA | |
| Previous Owner | $162,901 | FHA | |
| Previous Owner | $162,993 | FHA | |
| Previous Owner | $243,000 | New Conventional | |
| Previous Owner | $304,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $13,125,000 | Commercial | |
| Previous Owner | $11,257,450 | Commercial | |
| Previous Owner | $700,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | Price Changed | $760,000 | -1.9% | -- |
| 06/11/2025 06/11/25 | For Sale | $775,000 | +28.1% | -- |
| 05/13/2022 05/13/22 | Sold | $605,000 | +10.2% | $167 / Sq Ft |
| 04/13/2022 04/13/22 | For Sale | $549,000 | +80.0% | $152 / Sq Ft |
| 08/15/2019 08/15/19 | Sold | $305,000 | -4.7% | $84 / Sq Ft |
| 07/06/2019 07/06/19 | Pending | -- | -- | -- |
| 05/22/2019 05/22/19 | For Sale | $320,000 | +60.1% | $88 / Sq Ft |
| 07/29/2016 07/29/16 | Sold | $199,900 | 0.0% | $55 / Sq Ft |
| 06/28/2016 06/28/16 | Pending | -- | -- | -- |
| 06/11/2016 06/11/16 | For Sale | $199,900 | +20.4% | $55 / Sq Ft |
| 09/29/2014 09/29/14 | Sold | $166,000 | -1.1% | $46 / Sq Ft |
| 08/26/2014 08/26/14 | Pending | -- | -- | -- |
| 03/30/2014 03/30/14 | For Sale | $167,900 | -- | $46 / 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 | $1,446 | $14,524 | -- | -- |
| 2024 | $1,415 | $13,832 | -- | -- |
| 2023 | $1,415 | $41,160 | $8,230 | $32,930 |
| 2022 | $1,401 | $28,210 | $5,640 | $22,570 |
| 2021 | $1,405 | $24,530 | $4,900 | $19,630 |
| 2020 | $1,362 | $21,660 | $4,330 | $17,330 |
| 2019 | $1,364 | $18,760 | $3,750 | $15,010 |
| 2018 | $1,319 | $16,380 | $3,270 | $13,110 |
| 2017 | $1,264 | $15,400 | $3,080 | $12,320 |
| 2016 | $1,243 | $14,020 | $2,800 | $11,220 |
| 2015 | $1,151 | $13,010 | $2,600 | $10,410 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Jackson Everhart
Orion Investment Real Estate
(480) 634-6934
3 in this area
24 Total Sales
-
Seller's Agent in 2022
Ryan Swan
HomeSmart
(602) 733-5455
9 in this area
58 Total Sales
-
Buyer's Agent in 2022
Samantha DeMaio
Engel & Volkers Gilbert
(480) 767-3000
3 in this area
28 Total Sales
-
Seller's Agent in 2019
Ana Caprar
Delex Realty
(602) 369-7023
6 in this area
24 Total Sales
-
Seller's Agent in 2016
Kurt Kominski
Realty One Group
(602) 541-4107
1 in this area
277 Total Sales
-
C
Seller Co-Listing Agent in 2016
Cindy Farina
Realty One Group
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5092956
APN: 214-39-077
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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