NOT LISTED FOR SALE

2824 E Campo Bello Dr Phoenix, AZ 85032

Paradise Valley Neighborhood

Estimated Value: $447,357 - $671,000

-- Bed
-- Bath
1,440 Sq Ft
$406/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $175,000 $122 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $3,324/month

62 Days on Market

Highlights

  • Cooling Available
  • Paradise Valley High School Rated A
  • Heat Pump System

About This Home

As of October 2015

Great investment opportunity with very nice cash flow. Nice location with upscale surrounding and some of the best schools in the valley. Original owner. Four 2-bedroom, 1 bath units in 2 buildings. Each building is a duplex but the two are in one deed on a large lot with lots of room for children to play. Another 3 similar 4-plexes are available for the same price. By one, two, three, or have the portfolio of FOUR 4-plexes at $199,950k each. This is the details for all four 4-plexes: 17419 N 28Th St, AN# 214-03-084-C 17439 N 28Th St, AN# 214-03-084-B 2822 E Campo Bello Dr, AN# 214-03-083-E 2824 E Campo Bello Dr, AN# 214-03-083-F

Last Agent to Sell the Property

Moe Hegazy

Hegazy Realty License #BR534046000 Listed on: 05/17/2015

Co-Listed By

Sohaib Hegazy

Hegazy Realty License #SA640782000

Last Buyer's Agent

Moe Hegazy

Hegazy Realty License #BR534046000 Listed on: 05/17/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,032

Year Built

  • Built in 1985

Lot Details

  • 0.28

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 83
  • Assessor Parcel Number 214-03-083-F

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are .31
  • Campo Bello Subdivision

Building Details

  • Gross Income $24,000
  • Net Operating Income $21,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,032

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Bell Road and 28th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multiple
  • Number Of Buildings: 2
  • Year Built: 1985
  • Tax Year: 2014
  • Directions: From HWY 51 take Bell Road west, North on 28th St to Campo Bello. Property is at the NE corner
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Co List Office Mls Id: hegr01
  • Co List Office Phone: 480-388-6972
  • Subdivision Name: CAMPO BELLO
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

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

Lot Info

  • Lot Size: .31
  • Additional Parcels: No
  • Parcel #: 214-03-083-F

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 24000.0
  • Insurance Expense: 600.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 21700.0

Tax Info

  • Tax Annual Amount: 1032.0
  • Tax Book Number: 214.00
  • Tax Lot: 83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2015
Closed on
Sep 9, 2015
Sold by
Dimarco Anthony S
Bought by
Franco Jose Luis and Franco Agueda Consuelo
Seller's Agent
Moe Hegazy
Hegazy Realty
Buyer's Agent
Moe Hegazy
Hegazy Realty
List Price
$199,950
Sold Price
$175,000
Premium/Discount to List
-$24,950
-12.48%
Current Estimated Value
$584,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,839
Avg. Annual Appreciation
13.18%
Original Mortgage
$556,000
Outstanding Balance
$445,901
Interest Rate
3.89%
Mortgage Type
Seller Take Back
Estimated Equity
$146,701

Purchase Details

Closed on
Jun 6, 2012
Sold by
Vu Thuna Duc
Bought by
Dimarco Anthony S

Purchase Details

Closed on
Mar 22, 2005
Sold by
Dimarco Anthony
Bought by
Vu Thuan Duc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2005
Sold by
Nguyen Chi Le
Bought by
Vu Thuan Duc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.7%
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
Franco Jose Luis $695,000 Driggs Title Agency Inc
Dimarco Anthony S -- None Available
Vu Thuan Duc $270,000 Stewart Title & Trust Of Pho
Vu Thuan Duc -- Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Jose Luis $129,000
Open Franco Jose Luis $556,000
Previous Owner Vu Thuan Duc $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $175,000 -12.5% $122 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
05/16/2015 05/16/15 For Sale $199,950 -- $139 / 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 $1,126 $11,314 -- --
2024 $1,103 $10,775 -- --
2023 $1,103 $31,610 $6,330 $25,280
2022 $1,092 $20,950 $4,190 $16,760
2021 $1,095 $19,680 $3,940 $15,740
2020 $1,061 $17,310 $3,460 $13,850
2019 $1,062 $16,740 $3,350 $13,390
2018 $1,028 $16,550 $3,310 $13,240
2017 $985 $14,130 $2,830 $11,300
2016 $968 $12,460 $2,490 $9,970
2015 $897 $10,560 $2,110 $8,450
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Moe Hegazy

    Hegazy Realty

    (602) 326-3552

    2 in this area

    118 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2015

    Sohaib Hegazy

    Hegazy Realty

    (480) 277-1992

    77 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5281427

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-03-083F

Arizona Maricopa County Phoenix 85032 Paradise Valley

2824 E Campo Bello Dr, Phoenix, AZ

This home is located at 2824 E Campo Bello Dr, Phoenix, AZ 85032 since 17 May 2015 and is currently estimated at $584,839, approximately $406 per square foot. This property was built in 1985. 2824 E Campo Bello Dr is a home located in Maricopa County with nearby schools including Campo Bello Elementary School, Vista Verde Middle School, and Paradise Valley High 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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