Seller's Agent in 2024
Ryan Swan
HomeSmart
(602) 733-5455
8 in this area
37 Total Sales
2832 E Le Marche Ave Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated Value: $561,000 - $648,000
Studio
--
Bath
3,618
Sq Ft
$167/Sq Ft
Est. Value
Highlights
- Heated Community Pool
- Community Playground
- Carpet
- Cooling Available
- Community Barbecue Grill
- 5-minute walk to Palomino Park
About This Home
As of June 2024This turnkey 4-plex in North Central Phoenix features a fantastic mix of all 2 bed + 2 bath units with three ground level and one upper unit. Tenants love the large interiors with modern layouts, private patios/balconies, full size kitchen appliances, and stack washer/dryer. Three units tastefully refreshed with new carpet, vinyl, bath fixtures, & paint. Tenants pay individually metered electricity, water, and cable (no gas), while the owner just pays the HOA dues (incld: sewer, trash, lighting, landscaping, security gate & patrols, and the community pool). Each standalone building in the community has 4 covered parking spaces and additional uncovered spaces. Lots of capital improvements including full exterior repaint, new AC units, new hot water heaters, and more.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,330
Year Built
- Built in 1982
Lot Details
- 5,358
Home Design
- Wood Frame Construction
- Built-Up Roof
- Stucco
Flooring
- Carpet
- Vinyl
Parking
- 2 Open Parking Spaces
- 6 Parking Spaces
- Carport
Schools
- Palomino Primary Elementary School
- Paradise Valley High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 214-39-047
Community Details
Overview
- 4 Units
- Building Dimensions are 89x55
- Greenway Manor Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Community Playground
- Heated Community Pool
- Community Spa
Building Details
- Operating Expense $14,324
- Gross Income $54,000
- Net Operating Income $28,699
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
Jun 28, 2024
Sold by
Gill Inderjit
Bought by
Gkss Investments Llc
Seller's Agent
Ryan Swan
HomeSmart
Buyer's Agent
Mark Shipton
My Home Group Real Estate
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Views
5
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
$13,851
Avg. Annual Appreciation
1.48%
Original Mortgage
$340,000
Outstanding Balance
$336,016
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$267,835
Purchase Details
Listed on
May 10, 2024
Closed on
Jun 25, 2024
Sold by
Shanker Matthew Thomas
Bought by
Gill Inderjit
Seller's Agent
Ryan Swan
HomeSmart
Buyer's Agent
Mark Shipton
My Home Group Real Estate
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Views
5
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$336,016
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$267,835
Purchase Details
Listed on
Mar 20, 2019
Closed on
Jul 31, 2019
Sold by
Shanker Leah Marie and Shanker Matthew Thomas
Bought by
Shanker Matthew Thomas and Shanker Leah Marie
Seller's Agent
ADAM BOTTICELLO
AZ Rental Homes
Buyer's Agent
Ryan Swan
HomeSmart
List Price
$297,900
Sold Price
$285,000
Premium/Discount to List
-$12,900
-4.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.12%
Original Mortgage
$213,750
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 20, 2019
Closed on
Jul 23, 2019
Sold by
Orf Iii Llc
Bought by
Shanker Matthew Thomas
Seller's Agent
ADAM BOTTICELLO
AZ Rental Homes
Buyer's Agent
Ryan Swan
HomeSmart
List Price
$297,900
Sold Price
$285,000
Premium/Discount to List
-$12,900
-4.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 14, 2013
Sold by
Great Homes Llc
Bought by
Orf Iii Llc
Purchase Details
Listed on
Oct 22, 2012
Closed on
Nov 14, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Great Homes Llc
Seller's Agent
Brett Barry
HomeSmart
Buyer's Agent
Ofir Levy
Levy Group Realty
List Price
$94,900
Sold Price
$100,100
Premium/Discount to List
$5,200
5.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.61%
Purchase Details
Listed on
Oct 22, 2012
Closed on
Oct 2, 2012
Sold by
Payne Bennett and Castillo Jacqueline M
Bought by
Nationstar Mortgage Llc
Seller's Agent
Brett Barry
HomeSmart
Buyer's Agent
Ofir Levy
Levy Group Realty
List Price
$94,900
Sold Price
$100,100
Premium/Discount to List
$5,200
5.48%
Purchase Details
Closed on
Dec 14, 2005
Sold by
Bliven Investments Llc
Bought by
Payne Bennett and Castillo Jacqueline M
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
6.5%
Mortgage Type
Purchase Money Mortgage
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
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 |
|---|---|---|---|
| Gkss Investments Llc | -- | None Listed On Document | |
| Gill Inderjit | $590,000 | Navi Title Agency | |
| Shanker Matthew Thomas | -- | Magnus Title Agency Llc | |
| Shanker Matthew Thomas | $285,000 | Magnus Title Agency Llc | |
| Orf Iii Llc | $160,000 | Driggs Title Agency Inc | |
| Great Homes Llc | $100,100 | Clear Title Agency Of Arizon | |
| Nationstar Mortgage Llc | $277,457 | Accommodation | |
| Mationstar Mortgage Llc | $277,457 | Accommodation | |
| Payne Bennett | $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 |
|---|---|---|---|
| Open | Gill Inderjit | $340,000 | |
| Previous Owner | Shanker Matthew Thomas | $213,750 | |
| Previous Owner | Payne Bennett | $304,000 | |
| Previous Owner | Bliven Investments | $13,125,000 | |
| Previous Owner | Paradise Urban Investments Llc | $11,257,450 | |
| Closed | Payne Bennett | $38,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/25/2024 06/25/24 | Sold | $590,000 | -5.6% | $163 / Sq Ft | |
| 05/18/2024 05/18/24 | Pending | -- | -- | -- | |
| 05/12/2024 05/12/24 | For Sale | $625,000 | +119.3% | $173 / Sq Ft | |
| 08/15/2019 08/15/19 | Sold | $285,000 | -1.7% | $79 / Sq Ft | View Prior Sale |
| 05/07/2019 05/07/19 | Price Changed | $289,900 | -2.7% | $80 / Sq Ft | |
| 03/20/2019 03/20/19 | For Sale | $297,900 | +197.6% | $82 / Sq Ft | |
| 11/20/2012 11/20/12 | Sold | $100,100 | +5.5% | $28 / Sq Ft | View Prior Sale |
| 11/01/2012 11/01/12 | Pending | -- | -- | -- | |
| 10/22/2012 10/22/12 | For Sale | $94,900 | -- | $26 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,394 | $13,644 | -- | -- |
| 2024 | $1,330 | $12,995 | -- | -- |
| 2023 | $1,330 | $38,610 | $7,720 | $30,890 |
| 2022 | $1,316 | $26,550 | $5,310 | $21,240 |
| 2021 | $1,320 | $22,660 | $4,530 | $18,130 |
| 2020 | $1,279 | $20,030 | $4,000 | $16,030 |
| 2019 | $1,281 | $17,770 | $3,550 | $14,220 |
| 2018 | $1,239 | $15,630 | $3,120 | $12,510 |
| 2017 | $1,188 | $14,770 | $2,950 | $11,820 |
| 2016 | $1,168 | $13,180 | $2,630 | $10,550 |
| 2015 | $1,081 | $12,410 | $2,480 | $9,930 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Swan
-
Mark Shipton
Buyer's Agent in 2024
Mark Shipton
My Home Group
(480) 612-3209
3 in this area
11 Total Sales
-
ADAM BOTTICELLO
A
Seller's Agent in 2019
ADAM BOTTICELLO
AZ Rental Homes
(480) 588-5333
1 in this area
25 Total Sales
-
Timothy Cohee
T
Seller Co-Listing Agent in 2019
Timothy Cohee
AZ Rental Homes
(480) 588-5333
-
B
Seller's Agent in 2012
Brett Barry
HomeSmart
-
O
Buyer's Agent in 2012
Ofir Levy
Levy Group Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6704434
APN: 214-39-047
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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