Seller's Agent in 2020
Joey Hallatt
Cambridge Properties
(602) 672-0341
2 in this area
53 Total Sales
2827 E Kathleen Rd Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated Value: $579,000 - $650,000
Studio
--
Bath
3,618
Sq Ft
$167/Sq Ft
Est. Value
Highlights
- Heated Community Pool
- Carpet
- Heating Available
- Central Air
About This Home
As of February 2020This 4 plex investment opportunity is located in the North Phoenix community of Palomino Point. This building contains the preferred mix of 1 Bedroom/1 Bathroom, 2-2 Bedroom/2 Bathroom, and a 3 Bedroom/3 Bathroom unit. This is a Gated Community with private streets. Each unit has their own Washer and Dryer hook ups, Patio or Balcony, and 1 assigned covered parking space. The building is currently producing: $32,640 per annum. The HOA covers the Water, Sewer, Garbage, Common Area Maintenance, Pool and Street Maintenance. Room for Rent Increases. 2 units are Month to Month. Easy access to the 51 freeway, Close to Shopping, Parks, and Schools (Palomino School is across the street) DRIVE BY ONLY...DO NOT DISTURB TENANTS.
Last Agent to Sell the Property
Cambridge Properties License #BR518174000 Listed on: 01/10/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,308
Year Built
- Built in 1982
Lot Details
- 6,490
Home Design
- Wood Frame Construction
- Built-Up Roof
- Stucco
Flooring
- Carpet
- Vinyl
Parking
- 4 Parking Spaces
- 4 Covered Spaces
Schools
- Palomino Primary Elementary School
- Greenway Middle School
- Paradise Valley High School
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 64
- Assessor Parcel Number 214-39-092
Community Details
Overview
- 4 Units
- Building Dimensions are 6487 sq. ft.
- Greenway Manor Lot 1 72 Tr A E Subdivision
Recreation
- Heated Community Pool
Building Details
- Operating Expense $14,460
- Gross Income $32,640
- Net Operating Income $19,881
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2020
Closed on
Feb 5, 2020
Sold by
Korinek Gilda J and Kreman Kenneth H
Bought by
Meng Dong and Zeng Jing
Seller's Agent
Joey Hallatt
Cambridge Properties
Buyer's Agent
Gordon Lee
HomeSmart
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,021
Avg. Annual Appreciation
8.13%
Original Mortgage
$285,000
Outstanding Balance
$252,921
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$352,100
Purchase Details
Listed on
Nov 6, 2017
Closed on
Dec 11, 2017
Sold by
2845 Kathleen Llc
Bought by
Korinek Gilda J
Seller's Agent
Kim Horn
Southwest Prop Sales & Leasing
Buyer's Agent
Justin Fromstein
West USA Realty
List Price
$209,500
Sold Price
$205,000
Premium/Discount to List
-$4,500
-2.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.79%
Original Mortgage
$151,875
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2014
Sold by
Myers Lawrence E
Bought by
2845 Kathleen Llc
Purchase Details
Closed on
May 11, 2011
Sold by
Myers Patricia A
Bought by
Myers Lawrence E
Purchase Details
Closed on
Apr 29, 2011
Sold by
Aurora Loan Services Llc
Bought by
Myers Lawrence E
Purchase Details
Closed on
Feb 17, 2011
Sold by
Reid Carol E
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Nov 28, 2005
Sold by
Bliven Investments Llc
Bought by
Reid Carol E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meng Dong | $380,000 | Chicago Title Agency | |
| Korinek Gilda J | $202,500 | Security Title Agency Inc | |
| 2845 Kathleen Llc | -- | None Available | |
| Myers Lawrence E | -- | Guaranty Title Agency | |
| Myers Lawrence E | $90,100 | Guaranty Title Agency | |
| Aurora Loan Services Llc | $296,925 | Accommodation | |
| Reid Carol E | $380,000 | Tsa Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meng Dong | $285,000 | |
| Previous Owner | Korinek Gilda J | $151,875 | |
| Previous Owner | Reid Carol E | $285,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/12/2020 02/12/20 | Sold | $380,000 | -1.3% | $105 / Sq Ft | |
| 01/18/2020 01/18/20 | Pending | -- | -- | -- | |
| 01/10/2020 01/10/20 | For Sale | $385,000 | +87.8% | $106 / Sq Ft | |
| 12/29/2017 12/29/17 | Sold | $205,000 | -2.1% | $57 / Sq Ft | View Prior Sale |
| 11/15/2017 11/15/17 | Price Changed | $209,500 | 0.0% | $58 / Sq Ft | |
| 11/14/2017 11/14/17 | Price Changed | $209,500 | 0.0% | $58 / Sq Ft | |
| 11/13/2017 11/13/17 | Pending | -- | -- | -- | |
| 11/06/2017 11/06/17 | For Sale | $209,500 | -- | $58 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,424 | $13,931 | -- | -- |
| 2024 | $1,358 | $13,267 | -- | -- |
| 2023 | $1,358 | $39,450 | $7,890 | $31,560 |
| 2022 | $1,344 | $27,100 | $5,420 | $21,680 |
| 2021 | $1,348 | $23,270 | $4,650 | $18,620 |
| 2020 | $1,306 | $20,570 | $4,110 | $16,460 |
| 2019 | $1,308 | $18,100 | $3,620 | $14,480 |
| 2018 | $1,265 | $15,880 | $3,170 | $12,710 |
| 2017 | $1,213 | $14,980 | $2,990 | $11,990 |
| 2016 | $1,192 | $13,460 | $2,690 | $10,770 |
| 2015 | $1,104 | $12,610 | $2,520 | $10,090 |
Source: Public Records
Agents Affiliated with this Home
-
Joey Hallatt
-
Gordon Lee
G
Buyer's Agent in 2020
Gordon Lee
HomeSmart
(480) 388-9580
9 Total Sales
-
Kim Horn
Seller's Agent in 2017
Kim Horn
Southwest Prop Sales & Leasing
(928) 713-9418
1 Total Sale
-
G
Seller Co-Listing Agent in 2017
Gilda Hempelman
Southwest Prop Sales & Leasing
-
Justin Fromstein
J
Buyer's Agent in 2017
Justin Fromstein
West USA Realty
(480) 529-6988
5 in this area
55 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6022545
APN: 214-39-092
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
Nearby Homes
- 15801 N 29th St Unit 4
- 2829 E Tracy Ln Unit 4
- 15655 N 29th St
- 2844 E Monte Cristo Ave
- 2838 E Beck Ln Unit 2
- 2842 E Beck Ln Unit 2
- 15626 N 29th Way
- 15601 N 27th St Unit 33
- 15402 N 28th St Unit 221
- 15402 N 28th St Unit 112
- 15402 N 28th St Unit 124
- 15402 N 28th St Unit 226
- 16015 N 30th St Unit 109
- 2644 E Paradise Ln
- 16225 N 29th St Unit 27
- 16225 N 29th St Unit 1
- 16225 N 29th St Unit 59
- 16225 N 29th St Unit 51
- 16225 N 29th St Unit 43
- 16225 N 29th St Unit 26
- 2827 E Kathleen Rd Unit 201
- 2827 E Kathleen Rd Unit 101
- 2833 E Kathleen Rd
- 2833 E Kathleen Rd Unit 101
- 2833 E Kathleen Rd Unit 203
- 2833 E Kathleen Rd Unit 102
- 2821 E Kathleen Rd
- 2821 E Kathleen Rd Unit 101
- 2821 E Kathleen Rd Unit 102
- 2821 E Kathleen Rd Unit 103
- 2821 E Kathleen Rd Unit 203
- 2828 E Tierra Buena Ln Unit 103
- 2828 E Tierra Buena Ln Unit 101
- 2828 E Tierra Buena Ln Unit 102
- 2828 E Tierra Buena Ln Unit 201
- 2828 E Tierra Buena Ln
- 2834 E Tierra Buena Ln
- 2822 E Tierra Buena Ln Unit 103
- 2822 E Tierra Buena Ln
- 2822 E Tierra Buena Ln Unit 102