Y
Seller's Agent in 2018
Youssef Salloum
West USA Realty
2808 E Marconi Ave Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated Value: $461,978 - $667,000
4
Beds
--
Bath
3,618
Sq Ft
$163/Sq Ft
Est. Value
Highlights
- Clubhouse
- Heated Community Pool
- Resident Manager or Management On Site
- Wood Flooring
- Sport Court
- Central Heating and Cooling System
About This Home
As of September 2018GREAT INVESTMENT PROPERTY! FULLY OCCUPIED WITH STRONG RENTS. ALMOST $3,000 IN GROSS RENT!
Large Units with upgrades in some of the units including flooring, bathrooms, cabinets, countertops, sliding glass doors, etc.
HOA covers water, sewer, trash, and common area maintenance which includes community pool, soccer field, etc.
DRIVE BY ONLY. DO NOT DISTURB TENANTS.
Selling agent is member of LLC.
Last Agent to Sell the Property
Youssef Salloum
West USA Realty License #SA672011000 Listed on: 08/09/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,202
Year Built
- Built in 1982
Lot Details
- 5,968
Home Design
- Wood Frame Construction
- Stucco
Parking
- 4 Parking Spaces
- 2 Covered Spaces
- Assigned Parking
Schools
- Paradise Valley High Elementary And Middle School
- Paradise Valley High School
Additional Features
- Wood Flooring
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV
- Tax Lot 47
- Assessor Parcel Number 214-39-075
Community Details
Overview
- 4 Units
- Building Dimensions are 5983
- Greenway Manor Lot 1 72 Tr A E Subdivision
Recreation
- Sport Court
- Community Playground
- Heated Community Pool
Building Details
- Operating Expense $11,931
- Gross Income $33,630
- Net Operating Income $23,469
Additional Features
- Clubhouse
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 24, 2025
Sold by
Patel Sarjit and Patel Nikita
Bought by
Patel Sarjit
Current Estimated Value
Purchase Details
Listed on
Aug 9, 2018
Closed on
Sep 18, 2018
Sold by
2808 E Marconi Llc
Bought by
Patel Sarjit and Patel Nikita
Seller's Agent
Youssef Salloum
West USA Realty
Buyer's Agent
Kirk DeSpain
Call Realty, Inc.
List Price
$279,900
Sold Price
$279,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$209,925
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 21, 2014
Sold by
Salloum Youssef and Salloum Mallory
Bought by
2808 E Marconi Ave Llc
Purchase Details
Listed on
Oct 19, 2013
Closed on
Apr 8, 2014
Sold by
Xu Wei and Xu Yuxi
Bought by
Salloum Youssef and Salloum Mallory
Seller's Agent
Jason Zhang
Gold Trust Realty
Buyer's Agent
Steve Russell
Keller Williams Arizona Realty
List Price
$163,000
Sold Price
$157,000
Premium/Discount to List
-$6,000
-3.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%
Original Mortgage
$117,750
Interest Rate
4.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 18, 2013
Sold by
Xu Wei and Yuan Yuxi
Bought by
Xu Wei and Yuan Yuxi
Purchase Details
Listed on
Jun 15, 2012
Closed on
Jul 27, 2012
Sold by
The Bank Of New York Mellon
Bought by
Xu Wei and Yuan Yuxi
Seller's Agent
Marc Gastineau
Realty ONE Group
Buyer's Agent
Marc Gastineau
Realty ONE Group
List Price
$69,300
Sold Price
$113,000
Premium/Discount to List
$43,700
63.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%
Purchase Details
Closed on
May 24, 2012
Sold by
Reid Carol
Bought by
The Bank Of New York Mellon and The Bank Of New York
Purchase Details
Closed on
Nov 28, 2005
Sold by
Bliven Investments Llc
Bought by
Reid Carol
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
Interest Rate
6.75%
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
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Sarjit | -- | -- | |
| Patel Sarjit | $279,900 | Pioneer Title Agency Inc | |
| 2808 E Marconi Ave Llc | -- | Security Title Agency | |
| Salloum Youssef | $157,000 | Security Title Agency | |
| Xu Wei | -- | None Available | |
| Xu Wei | $113,000 | Lawyers Title Of Arizona Inc | |
| The Bank Of New York Mellon | $307,694 | None Available | |
| Reid Carol | $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 | Patel Sarjit | $209,925 | |
| Previous Owner | Salloum Youssef | $117,750 | |
| Previous Owner | Reid Carol | $266,000 | |
| Previous Owner | Bliven Investments | $13,125,000 | |
| Previous Owner | Paradise Urban Investments Llc | $11,257,450 | |
| Closed | Reid Carol | $76,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/14/2018 09/14/18 | Sold | $279,900 | 0.0% | $77 / Sq Ft | |
| 08/15/2018 08/15/18 | Pending | -- | -- | -- | |
| 08/09/2018 08/09/18 | For Sale | $279,900 | +78.3% | $77 / Sq Ft | |
| 03/31/2014 03/31/14 | Sold | $157,000 | -3.7% | $43 / Sq Ft | View Prior Sale |
| 02/19/2014 02/19/14 | Pending | -- | -- | -- | |
| 10/19/2013 10/19/13 | For Sale | $163,000 | +44.2% | $45 / Sq Ft | |
| 08/03/2012 08/03/12 | Sold | $113,000 | +63.1% | $31 / Sq Ft | View Prior Sale |
| 06/25/2012 06/25/12 | Pending | -- | -- | -- | |
| 06/15/2012 06/15/12 | For Sale | $69,300 | -- | $19 / 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 | $1,411 | $13,811 | -- | -- |
| 2024 | $1,346 | $13,153 | -- | -- |
| 2023 | $1,346 | $39,100 | $7,820 | $31,280 |
| 2022 | $1,333 | $26,870 | $5,370 | $21,500 |
| 2021 | $1,336 | $23,020 | $4,600 | $18,420 |
| 2020 | $1,295 | $20,350 | $4,070 | $16,280 |
| 2019 | $1,297 | $17,960 | $3,590 | $14,370 |
| 2018 | $1,254 | $15,780 | $3,150 | $12,630 |
| 2017 | $1,202 | $14,900 | $2,980 | $11,920 |
| 2016 | $1,182 | $13,330 | $2,660 | $10,670 |
| 2015 | $1,095 | $12,520 | $2,500 | $10,020 |
Source: Public Records
Agents Affiliated with this Home
-
-
Kirk DeSpain
Buyer's Agent in 2018
Kirk DeSpain
Call Realty, Inc.
(602) 989-1755
6 in this area
190 Total Sales
-
Jason Zhang
Seller's Agent in 2014
Jason Zhang
Gold Trust Realty
(602) 526-1189
3 in this area
129 Total Sales
-
Jenny Jie Sun Mou
J
Seller Co-Listing Agent in 2014
Jenny Jie Sun Mou
Gold Trust Realty
(480) 593-3322
48 Total Sales
-
Steve Russell
Buyer's Agent in 2014
Steve Russell
Keller Williams Arizona Realty
(480) 440-3474
11 in this area
77 Total Sales
-
Marc Gastineau
M
Seller's Agent in 2012
Marc Gastineau
Realty One Group
(480) 661-7700
2 in this area
36 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5804675
APN: 214-39-075
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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