NOT LISTED FOR SALE

Estimated Value: $476,083 - $653,000

Studio
-- Bath
3,618 Sq Ft
$158/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $282,000 $78 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,073/month

82 Days on Market

Highlights

  • Heated Community Pool
  • Community Playground
  • Heating Available
  • Cooling Available
  • Ceramic Tile Flooring

About This Home

As of November 2018

Units 102 & 103 have had over $21,000 in repairs/upgrades done, the listing agent can provide documentation. 2 2/2 units, 1 2/1.5 unit, and 1 1/1 unit all with w/d hookups and standard appliances. The HOA keeps this complex and it's amenities which include a pool, play area, and landscaping well maintained. The HOA also includes Water, sewer, and trash.

Last Agent to Sell the Property

Jason Penrose

eXp Realty License #BR518159000 Listed on: 08/10/2018

eXp Realty

Last Buyer's Agent

Chad Kamp

Exit Realty Coannah License #BR533142000

Exit Realty Coannah

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 1982

Lot Details

  • 5,793

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • On-Street Parking

Schools

  • Palomino Primary Elementary School
  • Greenway Middle School
  • Paradise Valley High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 50
  • Assessor Parcel Number 214-39-078

Community Details

Overview

  • 4 Units
  • Building Dimensions are 5812
  • Greenway Manor Lot 1 72 Tr A E Subdivision

Recreation

  • Community Playground
  • Heated Community Pool

Building Details

  • Operating Expense $8,938
  • Gross Income $28,671
  • Net Operating Income $21,126

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,198

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 29th St & Greenway Pkwy
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENWAY MANOR LOT 1-72 TR A-E
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, 1 Space/Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Play Area, Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Play Area: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Schools

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

Lot Info

  • Lot Size: 5812
  • Additional Parcels: No
  • Parcel #: 214-39-078

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 28671.0
  • Property Net Operating Income: 21126.0
  • Annual Operating Expense: 8937.74
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1197.74
  • Tax Book Number: 214.00
  • Tax Lot: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Brown Justen and Brown Heather A
Bought by
Klwb Llc
Current Estimated Value
$571,021

Purchase Details

Listed on
Aug 10, 2018
Closed on
Nov 13, 2018
Sold by
H2 Investment Properties Llc
Bought by
Brown Justen and Brown Heather A
Seller's Agent
Jason Penrose
eXp Realty
Buyer's Agent
Chad Kamp
Exit Realty Coannah
List Price
$330,000
Sold Price
$282,000
Premium/Discount to List
-$48,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$211,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2016
Closed on
Feb 9, 2017
Sold by
H3 Investment Properties Llc
Bought by
H2 Investment Properties Llc
Seller's Agent
Robert Davis
RMG Realty
Buyer's Agent
Jason Penrose
eXp Realty
List Price
$189,000
Sold Price
$171,965
Premium/Discount to List
-$17,035
-9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.24%
Original Mortgage
$128,973
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2016
Closed on
Jan 24, 2017
Sold by
Haughey Melissa and Haughey Wayne
Bought by
Haughey Wayne and Haughey Melissa
Seller's Agent
Robert Davis
RMG Realty
Buyer's Agent
Jason Penrose
eXp Realty
List Price
$189,000
Sold Price
$171,965
Premium/Discount to List
-$17,035
-9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,973
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2011
Sold by
Panton Sheila
Bought by
Om Group Mar807 Llc

Purchase Details

Closed on
Oct 9, 2006
Sold by
Yuritic Donna Rae and Yuritic Baker
Bought by
Panton Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2005
Sold by
Bliven Investments Llc
Bought by
Yuritic Donna Rae and Yuritic Baker

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
4.75%
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
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

Date Buyer Sale Price Title Company
Klwb Llc -- Accommodation
Brown Justen $282,000 Lawyers Title Of Arizona Inc
H2 Investment Properties Llc -- Accommodation
H3 Investment Properties Llc -- Lawyers Title Of Arizona Inc
Haughey Wayne -- Lawyers Title Of Arizona Inc
Haughey Wayne P $173,500 Lawyers Title Of Arizona Inc
Om Group Mar807 Llc $95,000 Empire West Title Agency
Panton Sheila $430,000 Chicago Title Insurance Co
Yuritic Donna Rae $380,000 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
Previous Owner Brown Justen $211,500
Previous Owner Haughey Wayne P $128,973
Previous Owner Panton Sheila $208,000
Previous Owner Yuritic Donna Rae $304,000
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 Prior Sale
11/30/2018 11/30/18 Sold $282,000 -6.0% $78 / Sq Ft
11/21/2018 11/21/18 Price Changed $300,000 0.0% $83 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
09/20/2018 09/20/18 Pending -- -- --
09/07/2018 09/07/18 Price Changed $300,000 -9.1% $83 / Sq Ft
08/10/2018 08/10/18 For Sale $330,000 +91.9% $91 / Sq Ft
02/21/2017 02/21/17 Sold $171,965 -9.0% $48 / Sq Ft View Prior Sale
01/11/2017 01/11/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $189,000 +9.9% $52 / Sq Ft
01/01/2017 01/01/17 Off Market $171,965 -- --
12/01/2016 12/01/16 For Sale $189,000 +9.9% $52 / Sq Ft
12/01/2016 12/01/16 Off Market $171,965 -- --
05/20/2016 05/20/16 For Sale $189,000 -- $52 / 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 $1,406 $13,760 -- --
2024 $1,341 $13,105 -- --
2023 $1,341 $38,980 $7,790 $31,190
2022 $1,328 $26,780 $5,350 $21,430
2021 $1,331 $22,930 $4,580 $18,350
2020 $1,290 $20,270 $4,050 $16,220
2019 $1,292 $17,920 $3,580 $14,340
2018 $1,250 $15,750 $3,150 $12,600
2017 $1,198 $14,870 $2,970 $11,900
2016 $1,178 $13,300 $2,660 $10,640
2015 $1,091 $12,780 $2,550 $10,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5805369

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-078