Seller's Agent in 2021
M Paula Farace-Outeiral
RE/MAX Fine Properties
(480) 229-7164
3 in this area
41 Total Sales
2838 E Le Marche Ave Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated Value: $558,561 - $657,000
8
Beds
--
Bath
3,618
Sq Ft
$174/Sq Ft
Est. Value
Highlights
- Private Pool
- Community Playground
- Ceiling Fan
- Cooling Available
- Community Barbecue Grill
- 5-minute walk to Palomino Park
About This Home
As of September 2021ATTENTION INVESTORS! Here is your cash flow cow! Performing CAP IS 4.7%!! This 4plex in North Phoenix is ready for you to take over. All units fully rented with great tenants & rental history (only 0 days of vacancy in last 2 years). All units are large 2 bedroom 2 bath with inside laundry hookups all with recent upgrades. 3 of the 4 units partial remodeled.. Unit 101 new carpeting in master, and main bath, new toilet, new bath, new surround, new plumbing, (bath).Unit 103 main bath new toilet remodeled new tub, tub surround, faucet, vanity, and fresh paint. Unit 102 New sink,, new faucet,, new vanity in master, and paint garbage disposal, vinyl flooring, DRIVE BY ONLY!
Last Agent to Sell the Property
RE/MAX Fine Properties License #SA550273000 Listed on: 08/01/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,290
Year Built
- Built in 1982
Home Design
- Wood Frame Construction
- Built-Up Roof
- Stucco
Flooring
- Carpet
- Vinyl
Parking
- 8 Parking Spaces
- 4 Covered Spaces
- Paved Parking
Utilities
- Cooling Available
- Heating Available
Additional Features
- Ceiling Fan
- Private Pool
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 18
- Assessor Parcel Number 214-39-046
Community Details
Overview
- 4 Units
- Building Dimensions are 5808
- Greenway Manor Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Community Playground
- Heated Community Pool
Building Details
- Operating Expense $9,798
- Gross Income $34,645
- Net Operating Income $22,326
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2021
Closed on
Sep 13, 2021
Sold by
Wetmore Blanca and Wetmore Paul
Bought by
Upadhyay Tapish and Upadhyay Brittany
Seller's Agent
M Paula Farace-Outeiral
RE/MAX Fine Properties
Buyer's Agent
Eddy Parris
Re/Max Fine Properties
List Price
$499,999
Sold Price
$515,000
Premium/Discount to List
$15,001
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
$114,640
Avg. Annual Appreciation
4.82%
Original Mortgage
$386,250
Outstanding Balance
$351,459
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$278,181
Purchase Details
Closed on
Mar 18, 2021
Sold by
Wetmore Blanca and The Blanca Wetmore Living Trus
Bought by
Wetmore Blanca and Wetmore Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,200
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 25, 2018
Closed on
Feb 22, 2019
Sold by
Wetmore Paul
Bought by
Wetmore Blanca
Seller's Agent
Kelly Oxford
Realty85
Buyer's Agent
M Paula Farace-Outeiral
RE/MAX Fine Properties
List Price
$299,000
Sold Price
$289,600
Premium/Discount to List
-$9,400
-3.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Purchase Details
Listed on
Oct 25, 2018
Closed on
Nov 15, 2018
Sold by
Ray Martin
Bought by
Wetmore Blanca and Wetmore Paul
Seller's Agent
Kelly Oxford
Realty85
Buyer's Agent
M Paula Farace-Outeiral
RE/MAX Fine Properties
List Price
$299,000
Sold Price
$289,600
Premium/Discount to List
-$9,400
-3.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,200
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jul 23, 2016
Closed on
Aug 18, 2016
Sold by
Sahota Rapinderjit K and Sahota Amarpal Singh
Bought by
Ray Martin
Seller's Agent
Robert Davis
RMG Realty
Buyer's Agent
Kelly Oxford
Realty85
List Price
$189,000
Sold Price
$192,500
Premium/Discount to List
$3,500
1.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.52%
Original Mortgage
$188,030
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 3, 2011
Sold by
Murano Properties Az Llc
Bought by
Sahota Rapinderjt Kaur and Sahota Amarpal Singh
Purchase Details
Closed on
Nov 18, 2009
Sold by
Greenpoint Mortgage Funding Inc
Bought by
Murano Earl Llc
Purchase Details
Closed on
Oct 3, 2008
Sold by
Schwartz Ronald and Schwartz Stephanie
Bought by
Greenpoint Mortgage Funding Inc
Purchase Details
Closed on
Apr 26, 2006
Sold by
Schwartz Ronald V and Schwartz Stephanie
Bought by
East Paradise Lane Llc
Purchase Details
Closed on
Nov 22, 2005
Sold by
Bliven Instments Llc
Bought by
Schwartz Ronald and Schwartz Stephanie
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
7.62%
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 |
|---|---|---|---|
| Upadhyay Tapish | $515,000 | Pioneer Title Agency Inc | |
| Wetmore Blanca | -- | Premier Title Agency | |
| Wetmore Blanca | -- | None Available | |
| Wetmore Blanca | -- | None Available | |
| Wetmore Blanca | $289,600 | First American Title Insuran | |
| Ray Martin | $191,500 | Lawyers Title Of Arizona Inc | |
| Sahota Rapinderjt Kaur | $106,000 | First American Title Ins Co | |
| Murano Earl Llc | $119,500 | Old Republic Title Agency | |
| Greenpoint Mortgage Funding Inc | $310,000 | Old Republic Title Agency | |
| East Paradise Lane Llc | -- | Tsa Title Agency | |
| Schwartz Ronald | $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 | Upadhyay Tapish | $386,250 | |
| Previous Owner | Wetmore Blanca | $200,200 | |
| Previous Owner | Wetmore Blanca | $217,200 | |
| Previous Owner | Ray Martin | $188,030 | |
| Previous Owner | Schwartz Ronald | $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 |
|---|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $515,000 | 0.0% | $142 / Sq Ft | |
| 09/07/2021 09/07/21 | Pending | -- | -- | -- | |
| 09/07/2021 09/07/21 | Off Market | $515,000 | -- | -- | |
| 09/04/2021 09/04/21 | For Sale | $499,999 | 0.0% | $138 / Sq Ft | |
| 08/08/2021 08/08/21 | Pending | -- | -- | -- | |
| 08/01/2021 08/01/21 | For Sale | $499,999 | +72.7% | $138 / Sq Ft | |
| 12/28/2018 12/28/18 | Sold | $289,600 | +0.2% | $80 / Sq Ft | View Prior Sale |
| 11/09/2018 11/09/18 | Price Changed | $289,000 | -3.3% | $80 / Sq Ft | |
| 10/25/2018 10/25/18 | For Sale | $299,000 | +55.3% | $83 / Sq Ft | |
| 09/12/2016 09/12/16 | Sold | $192,500 | +1.9% | $53 / Sq Ft | View Prior Sale |
| 08/11/2016 08/11/16 | Pending | -- | -- | -- | |
| 07/13/2016 07/13/16 | For Sale | $189,000 | -- | $52 / 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 | $1,406 | $13,760 | -- | -- |
| 2024 | $1,341 | $13,105 | -- | -- |
| 2023 | $1,341 | $38,970 | $7,790 | $31,180 |
| 2022 | $1,328 | $26,780 | $5,350 | $21,430 |
| 2021 | $1,331 | $22,920 | $4,580 | $18,340 |
| 2020 | $1,290 | $20,260 | $4,050 | $16,210 |
| 2019 | $1,292 | $17,920 | $3,580 | $14,340 |
| 2018 | $1,250 | $15,750 | $3,150 | $12,600 |
| 2017 | $1,198 | $14,870 | $2,970 | $11,900 |
| 2016 | $1,178 | $13,300 | $2,660 | $10,640 |
| 2015 | $1,091 | $12,500 | $2,500 | $10,000 |
Source: Public Records
Agents Affiliated with this Home
-
M Paula Farace-Outeiral
-
Eddy Parris
Buyer's Agent in 2021
Eddy Parris
RE/MAX
(623) 297-2766
1 in this area
8 Total Sales
-
Kelly Oxford
Seller's Agent in 2018
Kelly Oxford
Realty85
(520) 709-3438
1 in this area
55 Total Sales
-
M
Buyer's Agent in 2018
M Outeiral-Farace
RE/MAX
-
R
Seller's Agent in 2016
Robert Davis
RMG Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6272989
APN: 214-39-046
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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