NOT LISTED FOR SALE

2833 E Kathleen Rd Phoenix, AZ 85032

Paradise Valley Neighborhood

Estimated Value: $503,054 - $671,000

-- Bed
-- Bath
3,618 Sq Ft
$166/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $290,000 $80 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,380/month

1 Day on Market

Highlights

  • Wood Flooring
  • Community Playground
  • Central Air
  • Heated Community Pool
  • Community Barbecue Grill
  • Heating Available

About This Home

As of December 2018

(2) Recent CLOSED Sales in the Complex at $295,000!! This Building is FULLY OCCUPIED WITH Great Tenants! Three Tenants are On Leases and One is Month to Month ($700 Rent). RENTS are: $750; $750; $700 & $800. Unit #203 Was Upgraded with NEW Kitchen Cabinets; Counter Tops, Vanities and Wood Laminate Flooring; Other (3) Units Have Wood Laminate & Tile Flooring (See Multiple Pictures of ALL Units)!! HOA Fee Pays for Water, Sewer & Trash, Landscaping & Common Area Maintenance Which Includes the Community Pool. There Are (3) Ground Floor Units and (1) Upstairs Unit. (3) 2 Bed & 2 Bath Units and (1) 2 Bed / 1.50 Townhome Style Unit!! Turn Key Property with GREAT Tenants and All Units in Great Condition! CASH FLOWING AS Soon AS You Purchase It!! DRIVE BY ONLY. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Bruce Duckett

Duckett Management & Real Estate License #BR537621000 Listed on: 11/27/2018

Last Buyer's Agent

Monica Coker

HomeSmart License #SA641419000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,269

Year Built

  • Built in 1982

Lot Details

  • 6,665

Home Design

  • Wood Frame Construction
  • Stucco

Flooring

  • Wood Flooring

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Palomino Primary Elementary School
  • Greenway Middle School
  • Paradise Valley High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping, pool/spa maintenance
  • Tax Lot 63
  • Assessor Parcel Number 214-39-091

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6880
  • Greenway Manor Lot 1 72 Tr A E Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground
  • Heated Community Pool
  • Community Spa

Building Details

  • Operating Expense $10,259
  • Gross Income $36,000
  • Net Operating Income $27,010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,269

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 32nd Street & Greenway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 2018
  • Directions: West On Greenway to 29th St; North to Palomino Pointe Entrance; Over Speed Bumps to Stop Sign; South (left) to First Street; East (left) On Kathleen; Building is the Middle of Street On South Side
  • Road Surface Type: Asphalt, Dedicated Street
  • Subdivision Name: GREENWAY MANOR LOT 1-72 TR A-E
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Other
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, Common
  • 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:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

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

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Community Amenities:Barbecue: Yes
  • Community Amenities:Play Area: Yes

Schools

  • Elementary School: Palomino Primary School
  • High School: Paradise Valley High School
  • Middle Or Junior School: Greenway Middle School

Lot Info

  • Lot Size: 6880
  • Additional Parcels: No
  • Parcel #: 214-39-091

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 36000.0
  • Insurance Expense: 750.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 27010.0
  • Annual Operating Expense: 10259.0

Tax Info

  • Tax Annual Amount: 1269.0
  • Tax Book Number: 214.00
  • Tax Lot: 63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
Dec 17, 2018
Sold by
Adornato Patrick
Bought by
Hanning Nathan and Hanning Stephanie
Seller's Agent
Bruce Duckett
Duckett Management & Real Estate
Buyer's Agent
Monica Coker
HomeSmart
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%
Current Estimated Value
$596,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,162
Avg. Annual Appreciation
11.77%
Original Mortgage
$217,500
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2013
Sold by
Wu Judy and Lim Jason
Bought by
Adornato Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2013
Sold by
Deir Yvonne
Bought by
Adornato Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2011
Sold by
Wu Judy
Bought by
Lim Jason

Purchase Details

Closed on
May 25, 2011
Sold by
Okazaki David A
Bought by
Okazaki Mai Le

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2006
Sold by
Okazaki Mai Le
Bought by
2833 E Kathleen Llc

Purchase Details

Closed on
Dec 9, 2005
Sold by
Bliven Investments Llc
Bought by
Okazaki Mai Le

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 6, 2005
Sold by
Okazaki David
Bought by
Okazaki Mai Le

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hanning Nathan $290,000 First Arizona Title Agency L
Adornato Patrick $142,000 Grand Canyon Title Agency In
Adornato Patrick -- Grand Canyon Title Agency In
Lim Jason $47,585 None Available
Okazaki Mai Le -- Chicago Title
Wu Judy $87,000 Chicago Title
2833 E Kathleen Llc $380,000 None Available
Okazaki Mai Le $380,000 Tsa Title Agency
Okazaki Mai Le -- Tsa Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanning Nathan $220,000
Closed Hanning Nathan $217,500
Previous Owner Adornato Patrick $106,500
Previous Owner Wu Judy $65,250
Previous Owner Okazaki Mai Le $38,000
Previous Owner Okazaki Mai Le $304,000
Previous Owner Okazaki Mai Le $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $290,000 -1.7% $80 / Sq Ft
11/27/2018 11/27/18 For Sale $295,000 -- $82 / 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 $1,391 $13,973 -- --
2024 $1,362 $13,308 -- --
2023 $1,362 $39,570 $7,910 $31,660
2022 $1,348 $27,170 $5,430 $21,740
2021 $1,352 $23,370 $4,670 $18,700
2020 $1,310 $20,650 $4,130 $16,520
2019 $1,312 $18,150 $3,630 $14,520
2018 $1,269 $15,920 $3,180 $12,740
2017 $1,216 $15,010 $3,000 $12,010
2016 $1,196 $13,500 $2,700 $10,800
2015 $1,108 $12,630 $2,520 $10,110
Source: Public Records

Agents Affiliated with this Home

  • Bruce Duckett

    Seller's Agent in 2018

    Bruce Duckett

    Duckett Management & Real Estate

    (602) 578-7199

    8 Total Sales

    Section Image
  • Monica Coker

    Buyer's Agent in 2018

    Monica Coker

    HomeSmart

    (480) 280-9425

    4 in this area

    101 Total Sales

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5850997

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-091

Arizona Maricopa County Phoenix 85032 Paradise Valley

2833 E Kathleen Rd, Phoenix, AZ

This home is located at 2833 E Kathleen Rd, Phoenix, AZ 85032 since 27 November 2018 and is currently estimated at $602,264, approximately $166 per square foot. This property was built in 1982. 2833 E Kathleen Rd is a home located in Maricopa County with nearby schools including Palomino Primary School, Palomino Intermediate School, and Greenway Middle School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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