NOT LISTED FOR SALE

2819 E Le Marche Ave Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $638,000 - $689,963

-- Bed
-- Bath
3,618 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $700,000 $193 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,574/month

97 Days on Market

Highlights

  • Clubhouse
  • Cooling Available
  • Community Barbecue Grill
  • Heated Community Pool
  • Resident Manager or Management On Site
  • Ceiling Fan

About This Home

As of September 2024

Centrally located north of Greenway between 28th and 29th Streets, surrounded by a community of 4 plexes north of the wondrous Phoenix Mountain Preserve. This
gated community asset offers convenient access to the Lookout Mountain Trailhead within a three-mile radius. Its proximity to State Route 51 and major cross streets,
such as Bell and Greenway Parkway, provides a simple commute to some of the top employment corridors the valley has to offer. Positioned 6.1 miles from both John C.
Lincoln and Mayo Clinic Specialty, as well as a quick 14-minute drive to Desert Ridge Marketplace. Originally constructed in 1982, the property features a unit mix of all 2-bedroom, 2-bathroom units. One unit underwent renovation in 2023 (with an in-unit washer
and dryer), leaving new ownership the

Last Agent to Sell the Property

Sutton Cebrynski

Marcus & Millichap License #SA707695000 Listed on: 05/01/2024

Last Buyer's Agent

Sutton Cebrynski

Marcus & Millichap License #SA707695000 Listed on: 05/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1982

Lot Details

  • 5,314

Home Design

  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

  • 17 Open Parking Spaces
  • 21 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Free Parking

Schools

  • Campo Bello Elementary School
  • Vista Verde Middle School
  • Paradise Valley High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Tax Lot 36
  • Assessor Parcel Number 214-39-064

Community Details

Overview

  • 4 Units
  • Building Dimensions are 65.5 Feet by 85.5 Feet
  • Greenway Manor Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $15,991
  • Gross Income $56,829
  • Net Operating Income $45,549

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,330

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 29th Street & E Greenway Road
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: PAD-13
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2023
  • Road Surface Type: Asphalt, Private Street
  • Professional Management Expense: 2310.0
  • Subdivision Name: GREENWAY MANOR
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Free, >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 17.0
  • Total Parking Spaces: 21.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 17.0
  • General Property Description:Total Parking Spcs: 21.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Ceiling Fan(s)
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Clubhouse, Manager Res/Office, Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Community Amenities:Manager ResOffice: Yes
  • Interior Amenities:Shutters2: Yes
  • Exterior Amenities:Guard Gate: Yes
  • Community Amenities:Barbecue: Yes
  • Exterior Amenities:Satellite Dish: Yes
  • Interior Amenities:Drapes2: Yes
  • Interior Amenities:Furnished: Yes
  • Interior Amenities:Fire Sprinklers2: Yes
  • Community Amenities:Clubhouse: Yes
  • Interior Amenities:Water Softener(s): Yes

Fee Information

  • Annual Water Sewer Expense: 2880.0

Schools

  • Elementary School: Campo Bello Elementary School
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Vista Verde Middle School

Lot Info

  • Lot Size: 65.5 Feet by 85.5 Feet
  • Additional Parcels: No
  • Parcel #: 214-39-064

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 56829.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 435.0
  • Property Net Operating Income: 45549.0
  • Annual Operating Expense: 15991.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1330.0
  • Tax Book Number: 214.00
  • Tax Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Sep 19, 2024
Sold by
Saydman Majid
Bought by
Vista Capital Partners Llc
Seller's Agent
Sutton Cebrynski
Marcus & Millichap
Buyer's Agent
Sutton Cebrynski
Marcus & Millichap
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Views
20
Current Estimated Value
$661,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,009
Avg. Annual Appreciation
-4.27%
Original Mortgage
$480,000
Outstanding Balance
$474,139
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$187,852

Purchase Details

Listed on
May 1, 2024
Closed on
Sep 16, 2024
Sold by
Hulk Holdings Llc
Bought by
Saydman Majid
Seller's Agent
Sutton Cebrynski
Marcus & Millichap
Buyer's Agent
Sutton Cebrynski
Marcus & Millichap
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$474,139
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$187,852

Purchase Details

Closed on
Feb 11, 2020
Sold by
Hulk Holdings Llc
Bought by
Hulk Holdins Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2018
Closed on
Apr 24, 2018
Sold by
Draper John
Bought by
Hulk Holdings Llc
Seller's Agent
Michael Smith
Barrett Real Estate
Buyer's Agent
Ryan Swan
HomeSmart
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.80%
Original Mortgage
$172,500
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 2, 2015
Closed on
Feb 17, 2016
Sold by
Botella Laurent and Botella Anne
Bought by
Draper John
Seller's Agent
Robert Davis
RMG Realty
Buyer's Agent
Michael Smith
Barrett Real Estate
List Price
$189,900
Sold Price
$187,000
Premium/Discount to List
-$2,900
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$140,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2011
Sold by
Schermer Jonathan and Schermer Verlene
Bought by
Botella Laurent and Botella Anne

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
Jan 13, 1998
Sold by
Maddox M D Guy and Maddox Judith G
Bought by
Fidelity National Title Insurance Co and Trust #9181

Purchase Details

Closed on
Sep 6, 1995
Sold by
Maddox Family 1990 Revocable Trust
Bought by
Fidelity National Title Insurance Co and Trust #9181
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
Vista Capital Partners Llc -- Thomas Title & Escrow Llc
Saydman Majid $700,000 Thomas Title & Escrow Llc
Hulk Holdins Llc -- Stewart Title Guaranty Co
Hulk Holdings Llc $230,000 Pioneer Title Agency Inc
Draper John $187,000 Stewart Title
Botella Laurent $90,000 Lawyers Title Of Arizona Inc
Bliven Investments $17,300,000 --
Paradise Urban Investments Llc $12,100,000 Fidelity National Title
Fidelity National Title Insurance Co -- First American Title
Fidelity National Title Insurance Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saydman Majid $480,000
Previous Owner Hulk Holdins Llc $210,000
Previous Owner Hulk Holdings Llc $172,500
Previous Owner Draper John $140,250
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
09/20/2024 09/20/24 Sold $700,000 -6.7% $193 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $750,000 0.0% $207 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $750,000 +226.1% $207 / Sq Ft
05/07/2018 05/07/18 Sold $230,000 -4.1% $64 / Sq Ft View Prior Sale
04/14/2018 04/14/18 For Sale $239,900 +28.3% $66 / Sq Ft
02/19/2016 02/19/16 Sold $187,000 -1.5% $52 / Sq Ft View Prior Sale
01/07/2016 01/07/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $189,900 -- $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 $1,394 $13,644 -- --
2024 $1,330 $12,995 -- --
2023 $1,330 $38,610 $7,720 $30,890
2022 $1,316 $26,550 $5,310 $21,240
2021 $1,320 $22,660 $4,530 $18,130
2020 $1,279 $20,030 $4,000 $16,030
2019 $1,281 $17,770 $3,550 $14,220
2018 $1,239 $15,630 $3,120 $12,510
2017 $1,188 $14,770 $2,950 $11,820
2016 $1,168 $13,170 $2,630 $10,540
2015 $1,081 $12,410 $2,480 $9,930
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Sutton Cebrynski

    Marcus & Millichap

    Section Image
  • Michael Smith

    Seller's Agent in 2018

    Michael Smith

    Barrett Real Estate

    (480) 694-2564

    1 in this area

    179 Total Sales

    Michael Smith
    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Kathleen Smith

    Barrett Real Estate

    (480) 967-1333

    67 Total Sales

    Kathleen Smith
    Section Image
  • Ryan Swan

    Buyer's Agent in 2018

    Ryan Swan

    HomeSmart

    (602) 733-5455

    8 in this area

    40 Total Sales

    Ryan Swan
    Section Image

  • R

    Seller's Agent in 2016

    Robert Davis

    RMG Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6699028

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-064

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2819 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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