NOT LISTED FOR SALE

2821 E Kathleen Rd Phoenix, AZ 85032

Paradise Valley Neighborhood

Estimated Value: $503,110 - $669,000

-- Bed
-- Bath
3,618 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $295,000 $82 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,377/month

82 Days on Market

Highlights

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

About This Home

As of November 2018

100% Occupied! Unit 101 & 102 have had $21,000+ in remodeling done. Unit 203 has had $18,000+ in remodeling done. Information on upgrades can be provided by the listing agent. All four units are 2/2 with w/d hookups, fridge, dishwasher, disposal, & stoves. This community is well maintained by the HOA including pool/spa/landscape maintenance. The HOA also covers the water, sewer, and trash.

Last Agent to Sell the Property

Jason Penrose

eXp Realty License #BR518159000 Listed on: 08/10/2018

eXp Realty

Last Buyer's Agent

Chad Kamp

Exit Realty Coannah License #BR533142000

Exit Realty Coannah

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1982

Lot Details

  • 5,924

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • On-Street Parking

Schools

  • Palomino Primary Elementary School
  • Greenfield Junior High School
  • Paradise Valley High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • Tax Lot 65
  • Assessor Parcel Number 214-39-093

Community Details

Overview

  • 4 Units
  • Building Dimensions are 5941
  • Greenway Manor Lot 1 72 Tr A E Subdivision

Recreation

  • Community Playground
  • Heated Community Pool
  • Community Spa

Building Details

  • Operating Expense $8,940
  • Gross Income $30,590
  • Net Operating Income $22,596

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 29th St & Greenway Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2017
  • Directions: From Greenway Rd go north on 29th St. Go left on West on E Tierra Buena ln until it wraps around to 28th PL. Go right on Kathleen Rd and the building is the first one on the right.
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENWAY MANOR LOT 1-72 TR A-E
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, 1 Space/Unit, Street Parking, 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:Street Parking: Yes
  • Parking:Paved Parking: 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, Spa(s), Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Play Area: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Schools

  • Elementary School: Palomino Primary School
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Lot Size: 5941
  • Additional Parcels: No
  • Parcel #: 214-39-093

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 30590.0
  • Property Net Operating Income: 22596.0
  • Annual Operating Expense: 8940.06
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1200.06
  • Tax Book Number: 214.00
  • Tax Lot: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Brown Justen and Brown Heather A
Bought by
Klwb Llc
Current Estimated Value
$595,926

Purchase Details

Listed on
Aug 10, 2018
Closed on
Nov 13, 2018
Sold by
H2 Investment Properties Llc
Bought by
Brown Justen and Brown Heather A
Seller's Agent
Jason Penrose
eXp Realty
Buyer's Agent
Chad Kamp
Exit Realty Coannah
List Price
$345,000
Sold Price
$295,000
Premium/Discount to List
-$50,000
-14.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%
Original Mortgage
$221,250
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2016
Closed on
Jan 24, 2017
Sold by
Haughey Wayne
Bought by
H2 Investment Properties Llc
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jason Penrose
eXp Realty
List Price
$199,900
Sold Price
$186,000
Premium/Discount to List
-$13,900
-6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.66%
Original Mortgage
$139,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2016
Closed on
Jan 6, 2017
Sold by
Haughey Melissa and Haughey Wayne P
Bought by
Haughey Wayne P and Haughey Melissa
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jason Penrose
eXp Realty
List Price
$199,900
Sold Price
$186,000
Premium/Discount to List
-$13,900
-6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2016
Closed on
Dec 30, 2016
Sold by
Sidelnikov Tanya and Sidelnikov Sergey
Bought by
Haughey Wayne P
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jason Penrose
eXp Realty
List Price
$199,900
Sold Price
$186,000
Premium/Discount to List
-$13,900
-6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2014
Closed on
Mar 13, 2014
Sold by
31St Street Partners Llc
Bought by
Sidelnikov Tanya and Sidelnikov Sergey
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$105,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2010
Sold by
Cnr Solutions Enterprises Llc
Bought by
31St St Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2010
Sold by
Abilay Jonathan M and Lim Patricia
Bought by
Cnr Solution Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
4.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2005
Sold by
Bliven Investments Llc
Bought by
Abilay Jonathan M and Lim Patricia

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
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Klwb Llc -- Accommodation
Brown Justen $295,000 Lawyers Title Of Arizona Inc
H2 Investment Properties Llc -- None Available
Haughey Wayne P -- Lawyers Title Of Arizona Inc
Haughey Wayne P $186,000 Lawyers Title Of Arizona Inc
Sidelnikov Tanya $150,000 Lawyers Title Of Arizona Inc
31St St Partners Llc $105,800 Fidelity National Title Ins
Cnr Solution Enterprises Llc $95,000 Fidelity Natl Title Ins Co
Abilay Jonathan M -- Tsa Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Justen $221,250
Previous Owner Brown Justen $221,250
Previous Owner Haughey Wayne P $139,500
Previous Owner Sidelnikov Tanya $105,000
Previous Owner 31St Street Partners Llc $267,000
Previous Owner Cnr Solution Enterprises Llc $81,000
Previous Owner Abilay Jonathan M $304,000
Closed Abilay Jonathan M $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $295,000 -11.9% $82 / Sq Ft
11/21/2018 11/21/18 Price Changed $335,000 0.0% $93 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
09/20/2018 09/20/18 Pending -- -- --
09/07/2018 09/07/18 Price Changed $335,000 -2.9% $93 / Sq Ft
08/10/2018 08/10/18 For Sale $345,000 +85.5% $95 / Sq Ft
01/27/2017 01/27/17 Sold $186,000 -7.0% $51 / Sq Ft
01/25/2017 01/25/17 Price Changed $199,900 0.0% $55 / Sq Ft
01/12/2017 01/12/17 For Sale $199,900 0.0% $55 / Sq Ft
01/12/2017 01/12/17 Price Changed $199,900 0.0% $55 / Sq Ft
12/23/2016 12/23/16 Pending -- -- --
11/22/2016 11/22/16 Price Changed $199,900 +6.6% $55 / Sq Ft
10/26/2016 10/26/16 Price Changed $187,500 -1.3% $52 / Sq Ft
08/06/2016 08/06/16 For Sale $189,900 +26.6% $52 / Sq Ft
04/04/2014 04/04/14 Sold $150,000 -6.2% $41 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $159,900 -- $44 / 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 $1,372 $13,785 -- --
2024 $1,343 $13,129 -- --
2023 $1,343 $39,070 $7,810 $31,260
2022 $1,330 $26,850 $5,370 $21,480
2021 $1,334 $23,000 $4,600 $18,400
2020 $1,293 $20,320 $4,060 $16,260
2019 $1,294 $17,960 $3,590 $14,370
2018 $1,252 $15,770 $3,150 $12,620
2017 $1,200 $14,880 $2,970 $11,910
2016 $1,180 $13,330 $2,660 $10,670
2015 $1,093 $12,520 $2,500 $10,020
Source: Public Records

Agents Affiliated with this Home

  • Jason Penrose

    Seller's Agent in 2018

    Jason Penrose

    eXp Realty

    (602) 738-9943

    26 in this area

    722 Total Sales

    Section Image
  • Chad Kamp

    Buyer's Agent in 2018

    Chad Kamp

    Exit Realty Coannah

    (480) 284-6183

    65 Total Sales

    Section Image
  • Brian Gaffney

    Seller's Agent in 2017

    Brian Gaffney

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    2 in this area

    25 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5805372

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-093

Arizona Maricopa County Phoenix 85032 Paradise Valley

2821 E Kathleen Rd, Phoenix, AZ

This home is located at 2821 E Kathleen Rd, Phoenix, AZ 85032 since 10 August 2018 and is currently estimated at $601,528, approximately $166 per square foot. This property was built in 1982. 2821 E Kathleen Rd is a home located in Maricopa County with nearby schools including Palomino Primary School, Palomino Intermediate School, and Greenway Middle School.

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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