NOT LISTED FOR SALE

2813 E Le Marche Ave Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $309,386 - $663,000

-- Bed
-- Bath
3,618 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 31, 2014

Last sale price $142,500 $39 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $2,919/month

40 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Heat Pump System

About This Home

As of December 2014

Great Investment Opportunity! No need to call on availability - listing status is up-to-date. Property sold As/Is no warranties guaranteed or implied, no repairs will be made. Please include Arizona As/Is Addendum along with LSR/Proof of Funds and any applicable HOA Addendums with all offers. Buyers to verify all facts, figures and measurements - buyer's due diligence is expected. No SPDS or CLUE report will be provided. Seller requests to choose title company.

Last Agent to Sell the Property

Sanjog Gopal

eXp Realty License #BR574137000 Listed on: 10/02/2014

eXp Realty

Last Buyer's Agent

John Bell

West USA Realty License #BR537671000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1982

Lot Details

  • 5,445

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for water
  • Tax Lot 35
  • Assessor Parcel Number 214-39-063

Community Details

Overview

  • 4 Units
  • Building Dimensions are 5435

Recreation

  • Heated Community Pool
  • Community Spa

Building Details

  • Operating Expense $8,740
  • Gross Income $17,760
  • Net Operating Income $10,116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,096

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 29th Street and Greenway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: PAD-13
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, 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:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Spa(s), Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:Pool2: Yes

Schools

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

Lot Info

  • Lot Size: 5435
  • Additional Parcels: No
  • Parcel #: 214-39-063

Multi Family

  • Tenant Pays: Water
  • Number Of Units Total: 4
  • Annual Gross Income: 17760.0
  • Insurance Expense: 950.0
  • Maintenance Expense: 550.0
  • Property Net Operating Income: 10116.0
  • Annual Operating Expense: 8739.5

Tax Info

  • Tax Annual Amount: 1095.5
  • Tax Book Number: 214.00
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2014
Closed on
Dec 23, 2014
Sold by
Rising Phoenix Asset Company Llc
Bought by
Grillo Jeffrey J and Grillo Lashell
Seller's Agent
Sanjog Gopal
eXp Realty
Buyer's Agent
John Bell
West USA Realty
List Price
$155,000
Sold Price
$142,500
Premium/Discount to List
-$12,500
-8.06%
Current Estimated Value
$536,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,962
Avg. Annual Appreciation
12.82%
Original Mortgage
$99,750
Outstanding Balance
$34,488
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$501,974

Purchase Details

Closed on
Feb 21, 2011
Sold by
Yang Howard and World Gordon
Bought by
Rising Phoenix Asset Company Llc

Purchase Details

Closed on
Jan 10, 2011
Sold by
Cheng Chia Wei
Bought by
World Gordon

Purchase Details

Closed on
Dec 28, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Yang Howard and World Gordon

Purchase Details

Closed on
Jul 15, 2010
Sold by
Schwartz Sharon
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 22, 2007
Sold by
Schwartz Sharon
Bought by
Schwartz Sharon and The Schwartz Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2005
Sold by
Schwartz Sharon
Bought by
Schwartz Sharon P and Schwartz Living Trust

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
2.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 17, 2005
Sold by
Bliven Investments Llc
Bought by
Schwartz Sharon

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
2.5%
Mortgage Type
Negative Amortization

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
Sep 6, 1995
Sold by
Childers Grover C
Bought by
Fidelity National Title Insurance Co and Trust #9181

Purchase Details

Closed on
Dec 29, 1994
Sold by
Childers Grover C
Bought by
Childers Grover C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
9.2%

Purchase Details

Closed on
Dec 28, 1994
Sold by
Childers Grover C
Bought by
Childers Grover C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
9.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Grillo Jeffrey J $142,500 Security Title Agency
Rising Phoenix Asset Company Llc -- Security Title Agency
Rising Phoenix Asset Company Llc $77,555 None Available
World Gordon -- Great American Title
Yang Howard -- Great American Title
Yang Howard $82,000 Great American Title
Federal Home Loan Mortgage Corp $75,732 None Available
Schwartz Sharon -- Tsa Title Agency
Schwartz Sharon -- Tsa Title Agency
Schwartz Sharon P -- Tsa Title Agency
Schwartz Sharon $380,000 Tsa Title Agency
Bliven Investments $17,300,000 --
Paradise Urban Investments Llc $12,100,000 Fidelity National Title
Fidelity National Title Insurance Co -- --
Childers Grover C -- Fidelity Title
Childers Grover C -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grillo Jeffrey J $99,750
Previous Owner Schwartz Sharon $313,500
Previous Owner Schwartz Sharon $304,000
Previous Owner Bliven Investments $13,125,000
Previous Owner Paradise Urban Investments Llc $11,257,450
Previous Owner Childers Grover C $64,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2014 12/31/14 Sold $142,500 -8.1% $39 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $155,000 -- $43 / 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 $1,396 $13,661 -- --
2024 $1,331 $13,011 -- --
2023 $1,331 $38,700 $7,740 $30,960
2022 $1,318 $26,600 $5,320 $21,280
2021 $1,322 $22,720 $4,540 $18,180
2020 $1,281 $20,080 $4,010 $16,070
2019 $1,283 $17,810 $3,560 $14,250
2018 $1,241 $15,660 $3,130 $12,530
2017 $1,189 $14,800 $2,960 $11,840
2016 $1,169 $13,210 $2,640 $10,570
2015 $1,083 $12,430 $2,480 $9,950
Source: Public Records

Agents Affiliated with this Home

  • Sanjog Gopal

    Seller's Agent in 2014

    Sanjog Gopal

    eXp Realty

    (602) 770-6574

    5 in this area

    153 Total Sales

    Sanjog Gopal
    Section Image

  • J

    Buyer's Agent in 2014

    John Bell

    West USA Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5179433

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-063

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2813 E Le Marche Ave, Phoenix, AZ

Not Listed for Sale

MultiFamily

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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