NOT LISTED FOR SALE

Estimated Value: $638,000 - $694,000

Studio
-- Bath
3,618 Sq Ft
$184/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $379,900 $105 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,590/month

6 Days on Market

Highlights

  • Heated Community Pool
  • Carpet
  • 4-minute walk to Palomino Park
  • Central Air
  • Heating Available

About This Home

As of December 2020

Located close to the 101 and 51 in Phoenix. This is a stand alone building featuring 4 apartments that are 2 bedroom, 2 baths. These units have had a great rental history over the years. The upper unit has been freshly painted with new vinyl plank flooring installed. HOA covers water, sewer, on site security, & community pool. There are 4 covered parking spaces included.

Last Agent to Sell the Property

Phillip Bolstad

Southwest Property Sales & Leasing License #SA042023000 Listed on: 10/08/2020

Last Buyer's Agent

Rick Horst

Keller Williams Arizona Realty License #SA640657000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,303

Year Built

  • Built in 1982

Lot Details

  • 6,360

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved 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 electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 15
  • Assessor Parcel Number 214-39-043

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6371
  • Greenway Manor Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $13,054
  • Gross Income $2,565

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,303

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 29th Street N of Greenway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: PAD-13
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2037.0
  • Subdivision Name: GREENWAY MANOR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: 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: Paved Parking, Assigned, <1 Space Per Unit, 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:Paved Parking: Yes
  • Parking:Assigned: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

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

Lot Info

  • Lot Size: 6371
  • Additional Parcels: No
  • Parcel #: 214-39-043

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 2565.0
  • Insurance Expense: 1200.0
  • Annual Operating Expense: 13054.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1303.0
  • Tax Book Number: 214.00
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 1, 2020
Sold by
Soucy Alan
Bought by
Garcia Reynato
Seller's Agent
Phillip Bolstad
Southwest Property Sales & Leasing
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$379,900
Sold Price
$379,900
Current Estimated Value
$664,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,100
Avg. Annual Appreciation
11.72%
Original Mortgage
$275,550
Outstanding Balance
$243,621
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$420,379

Purchase Details

Closed on
Mar 12, 2013
Sold by
Vignovich Nicholas
Bought by
Freedom Home Mortgage Corporation Fn

Purchase Details

Closed on
Nov 17, 2005
Sold by
Bliven Investments Llc
Bought by
Soucy Alan

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
3%
Mortgage Type
New Conventional

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
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
Garcia Reynato $367,400 Security Title
Freedom Home Mortgage Corporation Fn $106,003 None Available
Soucy Alan $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 Garcia Reynato $275,550
Previous Owner Soucy Alan $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
12/21/2020 12/21/20 Sold $379,900 0.0% $105 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $379,900 -- $105 / 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 $1,420 $13,897 -- --
2024 $1,354 $13,235 -- --
2023 $1,354 $39,370 $7,870 $31,500
2022 $1,341 $27,050 $5,410 $21,640
2021 $1,345 $23,220 $4,640 $18,580
2020 $1,303 $20,520 $4,100 $16,420
2019 $1,305 $18,070 $3,610 $14,460
2018 $1,262 $15,860 $3,170 $12,690
2017 $1,210 $14,960 $2,990 $11,970
2016 $1,190 $13,430 $2,680 $10,750
2015 $1,101 $12,580 $2,510 $10,070
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6144001

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-043