NOT LISTED FOR SALE

2825 E Monte Cristo Ave Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $480,000 - $704,344

Studio
-- Bath
3,618 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2024

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

Est. 12% decrease in value since last sale

Current estimated payment $3,454 / mo

45 Days on Market

Highlights

  • Private Pool
  • Cooling Available
  • Community Barbecue Grill
  • Clubhouse
  • Resident Manager or Management On Site
  • Ceramic Tile Flooring

About This Home

As of June 2024

- Exceptional fourplex in a growing neighborhood - Four units, each with 2 beds and 2 baths - All have washer and dryer in unit - Gross income of $6,114/month with low expenses - Next to a elementary school - Located in a gated community with: - Pool - Covered parking - Pristine landscaping - Spacious units for spacious living - Immediate returns and long-term value - Perfect blend of convenience and investment opportunity

Last Agent to Sell the Property

William Xander

Orion Investment Real Estate License #SA695728000 Listed on: 04/03/2024

Last Buyer's Agent

Susan Del Pozzo

RETSY License #SA536777000

RETSY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,346

Year Built

  • Built in 1982

Lot Details

  • Fenced
  • Additional Parcels

Home Design

  • Block Exterior
  • Stucco

Parking

  • 8 Parking Spaces
  • Carport
  • Free Parking
  • Open Parking

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Ceramic Tile Flooring
  • Private Pool

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 214-39-033

Community Details

Overview

  • 4 Units
  • Building Dimensions are 64 feet by 92 feet
  • Greenway Manor Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Heated Community Pool
  • Community Spa

Building Details

  • Operating Expense $9,926
  • Gross Income $69,700
  • Net Operating Income $55,000

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,346

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENWAY MANOR
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Other
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Building(s) Only, Laundry Equipment
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Refrigerator, Disposal, Microwave, Washer/Dryer

Exterior Features

  • Pool Private: Yes
  • Disclosures: None
  • Construction Type: Block, Painted, Stucco
  • Roof: Other
  • Exterior Amenities: Fenced, Security Light(s)

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Open, Carport, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • Parking Features:Parking Features: Free, Carport, >1 Space Per Unit

Utilities

  • Electric: APS
  • Cooling: Other
  • Heating: Other
  • Security: Security Light(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other
  • Gas:Gas: Other (See Remarks)

Condo/Co-op/Association

  • Community Features: Pool, Spa(s), Manager Res/Office, Clubhouse, Barbecue

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 64 feet by 92 feet
  • Additional Parcels: Yes
  • Parcel #: 214-39-033

Multi Family

  • Owner Pays: None
  • Tenant Pays: None
  • Number Of Units Total: 4
  • Annual Gross Income: 69699.6
  • Property Net Operating Income: 55000.0
  • Annual Operating Expense: 9926.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1346.0
  • Tax Lot: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
Jun 20, 2024
Sold by
Bought by
Seller's Agent
William Xander
Orion Investment Real Estate
Buyer's Agent
Susan Del Pozzo
RETSY
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Views
40
Current Estimated Value
$617,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,414
Avg. Annual Appreciation
-6.07%

Purchase Details

Closed on
Oct 4, 2022
Sold by
Bought by

Purchase Details

Closed on
Aug 25, 2022
Sold by
Bought by

Purchase Details

Listed on
Jul 6, 2017
Closed on
Jun 14, 2017
Sold by
Bought by
Seller's Agent
Lois Kaipainen
Income Property Shop
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$204,900
Sold Price
$204,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%

Purchase Details

Closed on
Apr 27, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 9, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
1.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2005
Sold by
Bought by

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
Bought by

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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$700,000 Security Title Agency
-- None Listed On Document
$550,000 Old Republic Title
-- Chicago Title Agency Inc
-- None Available
$82,500 Guaranty Title Agency
$97,284 Accommodation
$390,000 Tsa Title Agency
$17,300,000 --
$12,100,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $308,000
Previous Owner $13,125,000
Previous Owner $11,257,450
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2024 06/20/24 Sold $700,000 -3.4% $193 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $725,000 0.0% $200 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $725,000 +253.8% $200 / Sq Ft
07/01/2017 07/01/17 Sold $204,900 0.0% $57 / Sq Ft View Prior Sale
07/01/2017 07/01/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $204,900 -- $57 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,411 $13,811 -- --
2024 $1,346 $13,153 -- --
2023 $1,346 $39,110 $7,820 $31,290
2022 $1,333 $26,870 $5,370 $21,500
2021 $1,336 $23,020 $4,600 $18,420
2020 $1,295 $20,350 $4,070 $16,280
2019 $1,297 $17,970 $3,590 $14,380
2018 $1,254 $15,780 $3,150 $12,630
2017 $1,202 $14,900 $2,980 $11,920
2016 $1,182 $13,350 $2,670 $10,680
2015 $1,095 $12,520 $2,500 $10,020
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2024

    William Xander

    Orion Investment Real Estate

    Section Image
  • Susan Del Pozzo

    Buyer's Agent in 2024

    Susan Del Pozzo

    RETSY

    (602) 842-0000

    10 in this area

    97 Total Sales

    Susan Del Pozzo
    Section Image

  • L

    Seller's Agent in 2017

    Lois Kaipainen

    Income Property Shop

    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jacqueline Sipes

    Income Property Shop

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6686429

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-033

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2825 E Monte Cristo Ave, Phoenix, AZ

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.