2822 E Kathleen Rd Phoenix, AZ 85032
Paradise Valley NeighborhoodEstimated payment $3,546/month
Total Views
1,227
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Heated Community Pool
- Cooling Available
- Community Playground
About This Home
Kathleen 4 Units is part of a portfolio sale. This presents a rare opportunity to acquire two fourplexes with identical 2 bed/2 bath layouts, located in a quiet, well maintained North Phoenix neighborhood, offering streamlined and cost effective management. Each unit is individually metered and enjoys access to a gated community, grass common areas, and shared community pool. Ideally positioned near Paradise Valley Community College, Bell Road retail corridor, and major employment hubs along Loop 101 and SR-51. With current rent well below market, a new owner has a clear path to boost cash flow through rental increases and capitalize on the area's continued growth. Other address: 2813 E MONTE CRISTO AVE
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,350
Year Built
- Built in 1982
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- 4 Covered Spaces
Utilities
- Cooling Available
Listing and Financial Details
- Tax Lot 67
- Assessor Parcel Number 214-39-095
Community Details
Overview
- 4 Units
- Building Dimensions are 5048
- Greenway Manor Subdivision
Recreation
- Community Playground
- Heated Community Pool
Building Details
- Operating Expense $16,350
- Gross Income $66,616
- Net Operating Income $52,326
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,350 | $13,559 | -- | -- |
| 2024 | $1,321 | $12,913 | -- | -- |
| 2023 | $1,321 | $38,380 | $7,670 | $30,710 |
| 2022 | $1,308 | $26,400 | $5,280 | $21,120 |
| 2021 | $1,312 | $22,500 | $4,500 | $18,000 |
| 2020 | $1,271 | $19,880 | $3,970 | $15,910 |
| 2019 | $1,273 | $17,680 | $3,530 | $14,150 |
| 2018 | $1,231 | $15,570 | $3,110 | $12,460 |
| 2017 | $1,180 | $14,720 | $2,940 | $11,780 |
| 2016 | $1,161 | $13,100 | $2,620 | $10,480 |
| 2015 | $1,075 | $12,360 | $2,470 | $9,890 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | For Sale | $635,000 | +273.5% | -- |
| 07/15/2015 07/15/15 | Sold | $170,000 | 0.0% | $47 / Sq Ft |
| 06/20/2015 06/20/15 | Pending | -- | -- | -- |
| 06/10/2015 06/10/15 | For Sale | $170,000 | -- | $47 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Cash Sale Deed | $170,000 | First American Title Ins Co | |
| Warranty Deed | $105,800 | Fidelity Natl Title Ins Co | |
| Warranty Deed | $93,500 | Fidelity Natl Title Ins Co | |
| Warranty Deed | $450,000 | Tsa Title Agency | |
| Warranty Deed | $380,000 | Tsa Title Agency | |
| Warranty Deed | -- | Tsa Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $79,350 | New Conventional | |
| Previous Owner | $94,407 | Purchase Money Mortgage | |
| Previous Owner | $45,000 | Credit Line Revolving | |
| Previous Owner | $360,000 | Negative Amortization | |
| Previous Owner | $22,000 | Unknown | |
| Previous Owner | $16,000 | Unknown | |
| Previous Owner | $292,000 | Fannie Mae Freddie Mac | |
| Closed | $50,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6898947
APN: 214-39-095
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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