2825 E Paradise Ln Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated payment $1,975/month
Highlights
- Gated with Attendant
- Clubhouse
- Forced Air Heating and Cooling System
- Private Pool
- Community Playground
- Ceiling Fan
About This Home
Fire Sale! Literally. This 4 unit Multi-family dwelling has had two units damaged by fire. 2 units are still inhabitable and have tenants. This is a cash deal only, and we are entertaining all offers. The price is reflective of a starting point. Fully rebuilt, the units will sell for approximately $650k. Access can be had to assess damage only by a general contractor, and I highly recommend all safety precautions when entering. Units 101 and 102 are leased mtm, at $1432, and $1025 respectively. Insurance funds will all be retained by the seller.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,400
Year Built
- Built in 1982
Home Design
- Wood Frame Construction
- Stucco
Parking
- 4 Parking Spaces
- 4 Covered Spaces
- Parking Available
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
- Individual Gas Meter
Additional Features
- Ceiling Fan
- Private Pool
- Fenced
Listing and Financial Details
- Tax Lot 27
- Assessor Parcel Number 214-39-055
Community Details
Overview
- 4 Units
- Building Dimensions are see monsoon
- Greenway Manor Subdivision
Recreation
- Community Playground
- Heated Community Pool
Building Details
- Operating Expense $9,733
- Gross Income $29,484
- Net Operating Income $19,552
Additional Features
- Clubhouse
- Gated with Attendant
Map
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 | $1,400 | $13,700 | -- | -- |
| 2024 | $1,335 | $13,047 | -- | -- |
| 2023 | $1,335 | $38,780 | $7,750 | $31,030 |
| 2022 | $1,322 | $26,660 | $5,330 | $21,330 |
| 2021 | $1,326 | $22,800 | $4,560 | $18,240 |
| 2020 | $1,285 | $20,150 | $4,030 | $16,120 |
| 2019 | $1,286 | $17,850 | $3,570 | $14,280 |
| 2018 | $1,244 | $15,680 | $3,130 | $12,550 |
| 2017 | $1,193 | $14,820 | $2,960 | $11,860 |
| 2016 | $1,173 | $13,230 | $2,640 | $10,590 |
| 2015 | $1,086 | $12,450 | $2,490 | $9,960 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/15/2026 03/15/26 | For Sale | $350,000 | +50.2% | -- | |
| 05/11/2018 05/11/18 | Sold | $233,000 | -2.9% | $64 / Sq Ft | View Prior Sale |
| 05/01/2018 05/01/18 | For Sale | $239,900 | 0.0% | $66 / Sq Ft | |
| 03/26/2018 03/26/18 | For Sale | $239,900 | +33.3% | $66 / Sq Ft | |
| 12/09/2015 12/09/15 | Sold | $180,000 | -2.7% | $50 / Sq Ft | View Prior Sale |
| 10/04/2015 10/04/15 | Pending | -- | -- | -- | |
| 08/19/2015 08/19/15 | For Sale | $185,000 | +22.1% | $51 / Sq Ft | |
| 04/22/2014 04/22/14 | Sold | $151,500 | -4.7% | $42 / Sq Ft | View Prior Sale |
| 03/01/2014 03/01/14 | Pending | -- | -- | -- | |
| 02/20/2014 02/20/14 | For Sale | $159,000 | -- | $44 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $310,000 | Old Republic Title Agency | |
| Warranty Deed | $239,900 | Chicago Title Agency Inc | |
| Warranty Deed | $180,000 | Chicago Title Agency | |
| Warranty Deed | -- | Chicago Title Agency Inc | |
| Quit Claim Deed | -- | Pioneer Title Agency Inc | |
| Quit Claim Deed | -- | Pioneer Title Agency Inc | |
| Special Warranty Deed | -- | Chicago Title Agency Inc | |
| Warranty Deed | $150,530 | Chicago Title Agency Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Cash Sale Deed | $90,000 | Chicago Title | |
| Warranty Deed | $380,000 | Tsa Title Agency | |
| Special Warranty Deed | $17,300,000 | -- | |
| Special Warranty Deed | $12,100,000 | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional | |
| Previous Owner | $174,750 | New Conventional | |
| Previous Owner | $176,739 | FHA | |
| Previous Owner | $105,021 | New Conventional | |
| Previous Owner | $112,850 | New Conventional | |
| Previous Owner | $304,000 | Purchase Money Mortgage | |
| Previous Owner | $13,125,000 | Commercial | |
| Previous Owner | $11,257,450 | Commercial | |
| Closed | $37,950 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6998956
APN: 214-39-055
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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Ask me questions while you tour the home.