2807 E Paradise Ln Phoenix, AZ 85032
Paradise Valley Neighborhood
--
Bed
--
Bath
3,618
Sq Ft
6,534
Sq Ft Lot
Highlights
- Heated Community Pool
- Community Playground
- Individual Controls for Heating
- Cooling Available
- Carpet
About This Home
As of January 201975% occupied four plex with 8.60% 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 rent ready, #102 rented @ $525-exp 9/30/12, #103 rented @ $725-exp 7/1/14, #203 rented @ $525-exp 11/30/12. Seller put $20K in rehabbing units & maintenance in last 12 mths plus $20K from insurance due to water leak in #101. 2 newer HVACs, 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: 05/18/2013
Last Buyer's Agent
Garen Avanesyan
Realty ONE Group License #SA563260000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,116
Year Built
- Built in 1982
Home Design
- Wood Frame Construction
- Built-Up Roof
Flooring
- Carpet
- Vinyl
Parking
- 8 Parking Spaces
- Carport
- Assigned Parking
Schools
- Palomino Primary Elementary School
- Greenway High Middle School
- Paradise Valley High School
Utilities
- Cooling Available
- Individual Controls for Heating
Listing and Financial Details
- Tax Lot 24
- Assessor Parcel Number 214-39-052
Community Details
Overview
- 4 Units
- Building Dimensions are 6511
- Palomino Point Subdivision
Recreation
- Community Playground
- Heated Community Pool
Building Details
- Operating Expense $14,220
- Gross Income $25,721
- Net Operating Income $15,330
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2018
Closed on
Jan 8, 2019
Sold by
Sidelnikov Sergey and Sidelnikov Tanya
Bought by
Horvath Alex and Horvath Elizabeth
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Ruben Porchas
Realty85
List Price
$298,900
Sold Price
$287,900
Premium/Discount to List
-$11,000
-3.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,249
Avg. Annual Appreciation
12.36%
Purchase Details
Listed on
May 18, 2013
Closed on
Aug 1, 2013
Sold by
Somaz 1 Llc
Bought by
Sidelnikov Sergey and Sidelnikov Tanya
Seller's Agent
Pat Hune
1st Southwest Realty, LLC
Buyer's Agent
Garen Avanesyan
Realty ONE Group
List Price
$164,900
Sold Price
$155,000
Premium/Discount to List
-$9,900
-6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.20%
Original Mortgage
$116,250
Interest Rate
4.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 5, 2011
Sold by
Mattern Bernard H
Bought by
Mattern 1 Llc
Purchase Details
Closed on
Apr 4, 2011
Sold by
Mattern Bernhard H
Bought by
Mattern Bernhard H
Purchase Details
Closed on
Mar 2, 2011
Sold by
Saunders Jeffrey Allan and Saunders Karin Warren
Bought by
Mattern Bernhard
Purchase Details
Closed on
Dec 5, 2005
Sold by
Bliven Investments Llc
Bought by
Saunders Jeffrey Allan and Saunders Karin Warren
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
4.5%
Mortgage Type
Purchase Money Mortgage
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
Similar Home in Phoenix, AZ
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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 | $287,900 | Security Title Agency Inc | |
| Warranty Deed | $155,000 | First American Title Ins Co | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Cash Sale Deed | $90,000 | Chicago Title | |
| Warranty Deed | $380,000 | Tsa Title Agency | |
| Special Warranty Deed | $17,300,000 | -- | |
| Special Warranty Deed | $12,100,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $116,250 | New Conventional | |
| Previous Owner | $304,000 | Purchase Money Mortgage | |
| Previous Owner | $13,125,000 | Commercial | |
| Previous Owner | $11,257,450 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/16/2019 01/16/19 | Sold | $287,900 | -3.7% | $80 / Sq Ft |
| 12/26/2018 12/26/18 | Pending | -- | -- | -- |
| 10/26/2018 10/26/18 | For Sale | $298,900 | +92.8% | $83 / Sq Ft |
| 08/30/2013 08/30/13 | Sold | $155,000 | -6.0% | $43 / Sq Ft |
| 08/01/2013 08/01/13 | Pending | -- | -- | -- |
| 05/18/2013 05/18/13 | For Sale | $164,900 | -- | $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 | $1,387 | $13,931 | -- | -- |
| 2024 | $1,358 | $13,267 | -- | -- |
| 2023 | $1,358 | $39,470 | $7,890 | $31,580 |
| 2022 | $1,344 | $27,110 | $5,420 | $21,690 |
| 2021 | $1,348 | $23,280 | $4,650 | $18,630 |
| 2020 | $1,306 | $20,570 | $4,110 | $16,460 |
| 2019 | $1,308 | $18,110 | $3,620 | $14,490 |
| 2018 | $1,265 | $15,880 | $3,170 | $12,710 |
| 2017 | $1,213 | $14,980 | $2,990 | $11,990 |
| 2016 | $1,192 | $13,460 | $2,690 | $10,770 |
| 2015 | $1,104 | $12,610 | $2,520 | $10,090 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2019
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
(602) 264-8400
2 in this area
25 Total Sales
-
Buyer's Agent in 2019
Ruben Porchas
Realty85
(480) 652-7040
23 Total Sales
-
Seller's Agent in 2013
Pat Hune
1st Southwest Realty, LLC
(480) 703-1976
1 in this area
63 Total Sales
-
G
Buyer's Agent in 2013
Garen Avanesyan
Realty One Group
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4938957
APN: 214-39-052
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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