$285,000
SOLD AUG 15, 2019
-- Bed
-- Bath
3,618 Sq Ft
5,358 Sq Ft Lot

Recently Sold

$79 Per Sq Ft

4% Below List Price

111 Days on Market

Highlights

  • Heated Community Pool
  • Community Barbecue Grill
  • Heating Available
  • Cooling Available
  • Carpet
  • 5-minute walk to Palomino Park

About This Home

As of June 2024

Fully occupied 4 plex. All four units are 2 bedroom 2 bathroom. Two of the units just received new carpet and a full interior repaint in the last month. Electricity metered individually. Water/Sewer/Trash is included in the HOA dues. $2,647 + tax monthly rent roll.

Last Agent to Sell the Property

ADAM BOTTICELLO

AZ Rental Homes License #BR633424000 Listed on: 03/20/2019

Co-Listed By

Timothy Cohee

AZ Rental Homes License #SA678814000

Last Buyer's Agent

Ryan Swan

HomeSmart License #SA661174000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1982

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Palomino Primary Elementary School
  • Paradise Valley High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • 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

  • Heated Community Pool
  • Community Spa

Building Details

  • Operating Expense $8,979
  • Gross Income $31,764

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,239

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: GREENWAY & 29TH STREET
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI FAMILY
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2019
  • Directions: TAKE 29TH STREET N ABOUT 1/2 MILE TO PALOMINO POINTE ENTRANCE ON YOUR LEFT. ENTER THROUGH GATE -R AT STOP, STRAIGHT TO LE MARCHE AND BUILDING #19 ON YOUR RIGHT.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: wwpl01
  • Co List Office Phone: 480-588-5333
  • Subdivision Name: GREENWAY MANOR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Barbecue, Spa(s), Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Barbecue: Yes

Schools

  • Elementary School: Palomino Primary School
  • High School: Paradise Valley High School
  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 89x55
  • Additional Parcels: No
  • Parcel #: 214-39-047

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 31764.0
  • Annual Operating Expense: 8979.0

Tax Info

  • Tax Annual Amount: 1239.0
  • Tax Book Number: 214.00
  • Tax Lot: 19

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
$616,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,513
Avg. Annual Appreciation
1.28%
Original Mortgage
$340,000
Outstanding Balance
$337,477
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$260,879

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
$337,477
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$260,879

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
15.11%

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
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $590,000 Navi Title Agency
Interfamily Deed Transfer -- Magnus Title Agency Llc
Warranty Deed $285,000 Magnus Title Agency Llc
Cash Sale Deed $160,000 Driggs Title Agency Inc
Cash Sale Deed $100,100 Clear Title Agency Of Arizon
Trustee Deed $277,457 Accommodation
Trustee Deed $277,457 Accommodation
Warranty Deed $380,000 Tsa Title Agency
Special Warranty Deed $17,300,000 --
Special Warranty Deed $12,100,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Previous Owner $213,750 New Conventional
Previous Owner $304,000 Purchase Money Mortgage
Previous Owner $13,125,000 Commercial
Previous Owner $11,257,450 Commercial
Closed $38,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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 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 $1,358 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5898966

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-047