NOT LISTED FOR SALE

2820 E Le Marche Ave Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $629,000 - $692,000

4 Beds
-- Bath
3,618 Sq Ft
$182/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $650,000 $180 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,566/month

168 Days on Market

Highlights

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

About This Home

As of March 2024

Rented 4 Plex makes a great investment. Conveniently located near Palomino school and park. Community pool,large common area and and covered parking. Pictures are of 2BR unit currently occupied. Two of the four units recently renovated.

Last Agent to Sell the Property

Greg Yurkovic

Platinum Realty Group License #BR579899000 Listed on: 10/05/2023

Co-Listed By

John Clark

Platinum Realty Group License #SA548329000

Last Buyer's Agent

Jeremy Thrasher

HomeSmart License #SA690387000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,333

Year Built

  • Built in 1982

Lot Details

  • 6,011

Home Design

  • Wood Frame Construction
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces

Schools

  • Palomino Primary Elementary School
  • Greenway Middle School
  • North Canyon High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 29
  • Assessor Parcel Number 214-39-057

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6060 sq ft
  • Greenway Manor Subdivision

Recreation

  • Community Playground
  • Heated Community Pool

Building Details

  • Operating Expense $9,833
  • Net Operating Income $35,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,333

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 32nd Street and Greenway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multiple
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: plrg01
  • Co List Office Phone: 602-920-9737
  • Subdivision Name: GREENWAY MANOR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit
  • 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:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: 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

  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Community Amenities:Play Area: Yes
  • Interior Amenities:Partially Furnished: Yes

Schools

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

Lot Info

  • Lot Size: 6060 sq ft
  • Additional Parcels: No
  • Parcel #: 214-39-057

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Property Net Operating Income: 35000.0
  • Annual Operating Expense: 9833.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1333.0
  • Tax Book Number: 214.00
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Apr 9, 2024
Sold by
Fathi Ali
Bought by
Thrasher Jeremy
Seller's Agent
Greg Yurkovic
Platinum Realty Group
Buyer's Agent
Jeremy Thrasher
HomeSmart
List Price
$650,000
Sold Price
$650,000
Views
29
Current Estimated Value
$660,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,000
Avg. Annual Appreciation
0.88%
Original Mortgage
$671,450
Outstanding Balance
$661,456
Interest Rate
6.9%
Mortgage Type
VA
Estimated Equity
-$1,456

Purchase Details

Listed on
Sep 4, 2020
Closed on
Nov 23, 2020
Sold by
Ravari Mahnaz Rashidi
Bought by
Fathi Ali
Seller's Agent
Elianna Ickovic
HomeSmart
Buyer's Agent
Greg Yurkovic
Platinum Realty Group
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%
Original Mortgage
$340,048
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 18, 2018
Closed on
May 16, 2018
Sold by
E & E Equities Inc
Bought by
Ie Properties Llc
Seller's Agent
Pat Hune
1st Southwest Realty, LLC
Buyer's Agent
Elianna Ickovic
HomeSmart
List Price
$250,000
Sold Price
$234,000
Premium/Discount to List
-$16,000
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.11%

Purchase Details

Listed on
Apr 18, 2018
Closed on
May 4, 2018
Sold by
Wu Jason Z and Wu Jennifer A
Bought by
E & E Equities Inc
Seller's Agent
Pat Hune
1st Southwest Realty, LLC
Buyer's Agent
Elianna Ickovic
HomeSmart
List Price
$250,000
Sold Price
$234,000
Premium/Discount to List
-$16,000
-6.4%

Purchase Details

Closed on
Nov 16, 2015
Sold by
2820 E Le Marche Llc
Bought by
Wu Jason Z and Wu Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2007
Sold by
Wu Jason and Wu Jennifer
Bought by
2820 E Le Marche Llc

Purchase Details

Closed on
Jan 2, 2007
Sold by
2820 E Le Marche Llc
Bought by
Wu Jason and Wu Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2006
Sold by
Wu Jason and Wu Jennifer
Bought by
2820 E Le Marche Llc

Purchase Details

Closed on
Nov 17, 2005
Sold by
Bliven Investments Llc
Bought by
Wu Jason and Wu Jennifer

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
3%
Mortgage Type
New Conventional

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Thrasher Jeremy $650,000 American Title Service Agency
Fathi Ali -- Grand Canyon Title Agency
Fathi Ali $400,000 Grand Canyon Title Agency
Ie Properties Llc -- Accommodation
E & E Equities Inc $234,000 Wfg National Title Insurance
Wu Jason Z -- Stewart Title & Tr Phoenix I
2820 E Le Marche Llc $380,000 None Available
Wu Jason -- Chicago Title
2820 E Le Marche Llc $380,000 None Available
Wu Jason $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
Open Thrasher Jeremy $671,450
Previous Owner Fathi Ali $340,048
Previous Owner Wu Jason Z $275,000
Previous Owner Wu Jason $312,000
Previous Owner Wu Jason $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
03/29/2024 03/29/24 Sold $650,000 0.0% $180 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
02/26/2024 02/26/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $650,000 0.0% $180 / Sq Ft
02/16/2024 02/16/24 Price Changed $650,000 0.0% $180 / Sq Ft
02/16/2024 02/16/24 For Sale $650,000 0.0% $180 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/15/2024 02/15/24 Price Changed $650,000 0.0% $180 / Sq Ft
02/15/2024 02/15/24 For Sale $650,000 0.0% $180 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
11/16/2023 11/16/23 For Sale $650,000 0.0% $180 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $650,000 +60.5% $180 / Sq Ft
11/20/2020 11/20/20 Sold $405,000 +1.5% $112 / Sq Ft View Prior Sale
11/16/2020 11/16/20 Price Changed $399,000 0.0% $110 / Sq Ft
10/26/2020 10/26/20 For Sale $399,000 0.0% $110 / Sq Ft
10/26/2020 10/26/20 Price Changed $399,000 0.0% $110 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $399,000 +70.5% $110 / Sq Ft
05/07/2018 05/07/18 Sold $234,000 -6.4% $65 / Sq Ft View Prior Sale
04/25/2018 04/25/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $250,000 0.0% $69 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $250,000 -- $69 / 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 $1,412 $13,815 -- --
2024 $1,346 $13,157 -- --
2023 $1,346 $39,130 $7,820 $31,310
2022 $1,333 $26,880 $5,370 $21,510
2021 $1,337 $23,050 $4,610 $18,440
2020 $1,296 $20,370 $4,070 $16,300
2019 $1,297 $17,970 $3,590 $14,380
2018 $1,255 $15,780 $3,150 $12,630
2017 $1,203 $14,910 $2,980 $11,930
2016 $1,183 $13,350 $2,670 $10,680
2015 $1,095 $12,530 $2,500 $10,030
Source: Public Records

Agents Affiliated with this Home

  • Greg Yurkovic

    Seller's Agent in 2024

    Greg Yurkovic

    Platinum Realty Group

    (602) 920-9737

    2 in this area

    89 Total Sales

    Greg Yurkovic
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    John Clark

    Platinum Realty Group

    (480) 703-8494

    1 in this area

    12 Total Sales

    John Clark
    Section Image

  • J

    Buyer's Agent in 2024

    Jeremy Thrasher

    HomeSmart

    (916) 501-5038

    1 in this area

    19 Total Sales

    Jeremy Thrasher
    Section Image
  • Elianna Ickovic

    Seller's Agent in 2020

    Elianna Ickovic

    HomeSmart

    (323) 354-8090

    4 in this area

    35 Total Sales

    Elianna Ickovic
    Section Image
  • Pat Hune

    Seller's Agent in 2018

    Pat Hune

    1st Southwest Realty, LLC

    (480) 703-1976

    1 in this area

    49 Total Sales

    Pat Hune
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6613833

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-057

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2820 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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