NOT LISTED FOR SALE

Estimated Value: $498,647 - $645,000

Studio
-- Bath
3,618 Sq Ft
$159/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $380,000 $105 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,094/month

Highlights

  • Heated Community Pool
  • Community Playground
  • Heating Available
  • Cooling Available
  • Carpet

About This Home

As of February 2021

This home is located at 2826 E Marconi Ave, Phoenix, AZ 85032 since 22 December 2020 and is currently estimated at $575,162, approximately $158 per square foot. This property was built in 1982. 2826 E Marconi Ave is a home located in Maricopa County with nearby schools including Palomino Primary School, Palomino Intermediate School, and Greenway Middle School.

Last Agent to Sell the Property

Jason Snyder

HomeSmart License #SA576063000 Listed on: 12/22/2020

HomeSmart

Last Buyer's Agent

Jason Snyder

HomeSmart License #SA576063000 Listed on: 12/22/2020

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,289

Year Built

  • Built in 1982

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 4
  • Assessor Parcel Number 214-39-032

Community Details

Overview

  • 4 Units
  • Building Dimensions are 5,734 sf
  • Palomino Point Subdivision

Recreation

  • Community Playground
  • Heated Community Pool

Building Details

  • Operating Expense $19,103
  • Net Operating Income $28,897

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,289

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Between Bell & Greenway on 29th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: PAD-HD
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2020
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: Palomino Point
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, >1 Space Per Unit
  • 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:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Play Area, Heated Pool(s), Pool

Association/Amenities

  • Community Amenities:Pool2: Yes
  • Community Amenities:Play Area: Yes
  • Community Amenities:Heated Pool(s): Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 5,734 sf
  • Additional Parcels: Yes
  • Parcel #: 214-39-032

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 1300.0
  • Maintenance Expense: 8000.0
  • Property Net Operating Income: 28897.0
  • Annual Operating Expense: 19103.0

Tax Info

  • Tax Annual Amount: 1289.0
  • Tax Book Number: 214.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2022
Sold by
Nguyen Tran
Bought by
Tran Investments Az
Current Estimated Value
$575,162

Purchase Details

Listed on
Dec 22, 2020
Closed on
Feb 5, 2021
Sold by
Encore Acquisitions Llc
Bought by
Tran Nguyen and Tran Binh
Seller's Agent
Jason Snyder
HomeSmart
Buyer's Agent
Jason Snyder
HomeSmart
List Price
$370,000
Sold Price
$380,000
Premium/Discount to List
$10,000
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%

Purchase Details

Listed on
Dec 22, 2020
Closed on
Feb 4, 2021
Sold by
Vuong Theresa
Bought by
Tran Nguyen
Seller's Agent
Jason Snyder
HomeSmart
Buyer's Agent
Jason Snyder
HomeSmart
List Price
$370,000
Sold Price
$380,000
Premium/Discount to List
$10,000
2.7%

Purchase Details

Closed on
Aug 23, 2018
Sold by
Snyder Jason
Bought by
Encore Acquisitions Llc

Purchase Details

Closed on
Jul 20, 2018
Sold by
Owens Regina
Bought by
Snyder Jason

Purchase Details

Closed on
Jun 21, 2018
Sold by
Encore Acquisitions Llc
Bought by
Snyder Jason

Purchase Details

Listed on
Aug 4, 2017
Closed on
Mar 14, 2018
Sold by
Gashwytewa Michael G
Bought by
Encore Acquisitions Llc
Seller's Agent
Martha Navarro
HomeSmart
Buyer's Agent
Jason Snyder
HomeSmart
List Price
$204,000
Sold Price
$201,000
Premium/Discount to List
-$3,000
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.33%
Original Mortgage
$153,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 2, 2014
Closed on
Mar 5, 2014
Sold by
Marconi 2826 Llc
Bought by
Gashwytewa Michael G
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Taras Collum
West USA Realty
List Price
$162,000
Sold Price
$160,000
Premium/Discount to List
-$2,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$146,520
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 2013
Sold by
Red Leaf Properties Lllp
Bought by
Marconi 2826 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,750
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2012
Sold by
Bulnes Oscar Roberto and Bulnes Mary Ann Vetari
Bought by
Red Leaf Properties Lllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2006
Sold by
Bulnes Oscar Roberto and Bulnes Mary Ann Vetari
Bought by
Bulnes Oscar Roberto and Bulnes Mary Ann Vetari

Purchase Details

Closed on
Nov 11, 2005
Sold by
Bliven Investments Llc
Bought by
Bulnes Oscar Roberto and Bulnes Mary Ann Vetari

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
2.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 25, 2005
Sold by
Paradise Urban Investments Llc
Bought by
Bliven Investments

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
Paradise Club Llc
Bought by
Paradise Urban Investments Llc

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
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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
Tran Investments Az -- --
Tran Nguyen $380,000 American Title Svc Agcy Llc
Tran Nguyen -- American Title Svc Agcy Llc
Encore Acquisitions Llc -- None Available
Snyder Jason -- Stewart Title & Trust Of Pho
Snyder Jason -- Stewart Title & Trust Of Pho
Encore Acquisitions Llc $201,000 Stewart Title & Trust Of Pho
Gashwytewa Michael G $160,000 Empire West Title Agency
Marconi 2826 Llc -- Old Republic Title Agency
Red Leaf Properties Lllp $106,100 Chicago Title Agency Inc
Bulnes Oscar Roberto -- None Available
Bulnes Oscar Roberto $380,000 Tsa Title Agency
Bliven Investments $17,300,000 --
Paradise Urban Investments Llc $12,100,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Encore Acquisitions Llc $153,000
Previous Owner Gashwytewa Michael G $146,520
Previous Owner Marconi 2826 Llc $84,750
Previous Owner Red Leaf Properties Lllp $69,000
Previous Owner Bulnes Oscar Roberto $304,000
Previous Owner Bliven Investments $13,125,000
Previous Owner Paradise Urban Investments Llc $11,257,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2021 02/05/21 Sold $380,000 0.0% $105 / Sq Ft
02/05/2021 02/05/21 Price Changed $380,000 +2.7% $105 / Sq Ft
02/05/2021 02/05/21 For Sale $370,000 0.0% $102 / Sq Ft
12/22/2020 12/22/20 For Sale $370,000 +84.1% $102 / Sq Ft
03/19/2018 03/19/18 Sold $201,000 -1.5% $56 / Sq Ft View Prior Sale
02/28/2018 02/28/18 For Sale $204,000 +1.5% $56 / Sq Ft
11/13/2017 11/13/17 Off Market $201,000 -- --
10/02/2017 10/02/17 For Sale $204,000 0.0% $56 / Sq Ft
07/31/2017 07/31/17 For Sale $204,000 +27.5% $56 / Sq Ft
03/24/2014 03/24/14 Sold $160,000 -1.2% $44 / Sq Ft View Prior Sale
02/10/2014 02/10/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $162,000 -- $45 / 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 $1,405 $13,747 -- --
2024 $1,340 $13,092 -- --
2023 $1,340 $38,920 $7,780 $31,140
2022 $1,326 $26,750 $5,350 $21,400
2021 $1,330 $22,880 $4,570 $18,310
2020 $1,289 $20,230 $4,040 $16,190
2019 $1,291 $17,900 $3,580 $14,320
2018 $1,248 $15,720 $3,140 $12,580
2017 $1,197 $14,850 $2,970 $11,880
2016 $1,177 $13,280 $2,650 $10,630
2015 $1,090 $12,480 $2,490 $9,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6174023

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-032