Seller's Agent in 2016
Jill Anderson
Russ Lyon Sotheby's International Realty
2 in this area
131 Total Sales
2807 E Le Marche Ave Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated Value: $564,322
Studio
--
Bath
3,618
Sq Ft
$156/Sq Ft
Est. Value
Highlights
- Heated Community Pool
- Community Playground
- Carpet
- Cooling Available
- Community Barbecue Grill
- Heating Available
About This Home
As of March 2016Back on market! Buyer failed to qualify at the last minute. Very well maintained 4-plex with 100% occupancy! Priced to Sell! Great investment opportunity at this price. Easy access to the 51 & 101 Freeway. Great location in the complex on an interior street. Gated community, community pool and school within 100 yards. Appliances in all units included, some floors and countertops have been updated, recoating of roof has been completed, 4 newer HVAC units.
This is a great passive income for an investor.
Last Agent to Sell the Property
Russ Lyon Sotheby's International Realty License #SA538355000 Listed on: 10/31/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,103
Year Built
- Built in 1982
Lot Details
- 6,403
Home Design
- Wood Frame Construction
- Built-Up Roof
- Stucco
Flooring
- Carpet
- Vinyl
Parking
- 8 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
- On-Street Parking
- Assigned Parking
Schools
- Palomino Primary Elementary School
- Greenway High Middle School
- Paradise Valley High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for electricity, cable TV
- Tax Lot 34
- Assessor Parcel Number 214-39-062
Community Details
Overview
- 4 Units
- Building Dimensions are 5327
- Palomino Pointe Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Community Playground
- Heated Community Pool
Building Details
- Operating Expense $12,779
- Net Operating Income $14,273
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 16, 2021
Sold by
Moore Michael Ryan
Bought by
Moore Michael Ryan and Moore Lindsay
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Outstanding Balance
$241,575
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$322,747
Purchase Details
Closed on
Apr 15, 2019
Sold by
Moore Michael Ryan
Bought by
2807 Lw Marche Llc
Purchase Details
Listed on
Oct 31, 2015
Closed on
Jan 20, 2016
Sold by
Moore Lindsay Suzanne
Bought by
Moore Ii Michael Ryan
Seller's Agent
Jill Anderson
Russ Lyon Sotheby's International Realty
Buyer's Agent
Bill Wilkerson
HomeSmart
List Price
$184,900
Sold Price
$185,000
Premium/Discount to List
$100
0.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$138,750
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 9, 2013
Sold by
Somaz I Llc
Bought by
Miller David and Miller Meghan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 17, 2012
Sold by
2807 E Le Marche Llc
Bought by
Somaz 1 Llc
Purchase Details
Closed on
Mar 16, 2006
Sold by
Chun Dianne S and Cherk David W
Bought by
2807 E Le Marche Llc
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moore Michael Ryan | -- | First American Title Ins Co | |
| 2807 Lw Marche Llc | -- | None Available | |
| Moore Ii Michael Ryan | -- | First American Title Ins Co | |
| Moore Ii Michael Ryan | $185,000 | First American Title Ins Co | |
| Miller David | $160,000 | Empire West Title Agency | |
| Somaz 1 Llc | $80,000 | Lawyers Title Of Arizona Inc | |
| 2807 E Le Marche Llc | -- | Tsa Title Agency | |
| Bliven Investments | $17,300,000 | -- | |
| Paradise Urban Investments Llc | $12,100,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moore Michael Ryan | $266,000 | |
| Previous Owner | Moore Ii Michael Ryan | $138,750 | |
| Previous Owner | Miller David | $120,000 | |
| Previous Owner | Bliven Investments | $13,125,000 | |
| Previous Owner | Paradise Urban Investments Llc | $11,257,450 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/16/2016 03/16/16 | Sold | $185,000 | +0.1% | $51 / Sq Ft |
| 01/20/2016 01/20/16 | Pending | -- | -- | -- |
| 10/30/2015 10/30/15 | For Sale | $184,900 | -- | $51 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,422 | $13,914 | -- | -- |
| 2024 | $1,356 | $13,251 | -- | -- |
| 2023 | $1,356 | $39,380 | $7,870 | $31,510 |
| 2022 | $1,342 | $27,060 | $5,410 | $21,650 |
| 2021 | $1,346 | $23,230 | $4,640 | $18,590 |
| 2020 | $1,305 | $20,530 | $4,100 | $16,430 |
| 2019 | $1,306 | $18,070 | $3,610 | $14,460 |
| 2018 | $1,264 | $15,860 | $3,170 | $12,690 |
| 2017 | $1,211 | $14,970 | $2,990 | $11,980 |
| 2016 | $1,191 | $13,430 | $2,680 | $10,750 |
| 2015 | $1,103 | $12,600 | $2,520 | $10,080 |
Source: Public Records
Agents Affiliated with this Home
-
Jill Anderson
-
Katie Atkison
Seller Co-Listing Agent in 2016
Katie Atkison
Success Property Brokers
(602) 769-1910
1 in this area
34 Total Sales
-
Bill Wilkerson
Buyer's Agent in 2016
Bill Wilkerson
HomeSmart
(480) 390-3082
14 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5356048
APN: 214-39-062
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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