NOT LISTED FOR SALE

2840 E Tierra Buena Ln Phoenix, AZ 85032

Paradise Valley Neighborhood

Estimated Value: $310,563 - $725,000

8 Beds
8 Baths
-- Sq Ft
6,447 Sq Ft Lot

Last Sold January 31, 2013

Last sale price $115,000

Est. 420% increase in value since last sale

Current estimated payment $3,390/month

339 Days on Market

Highlights

  • Heated Community Pool
  • Community Barbecue Grill
  • Heating Available
  • Cooling Available
  • Vinyl Flooring

About This Home

As of January 2013

Great investment opportunity. Traditional sale. HOA fee covers water, sewer, garbage, pool and common areas.

Last Agent to Sell the Property

Elizabeth Dailey

Success Property Brokers License #SA507073000 Listed on: 02/15/2012

Success Property Brokers

Last Buyer's Agent

Joseph Cohan

IRS/International Realty Services, Inc. License #BR104965000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,385

Year Built

  • Built in 1982

Lot Details

  • 6,447

Parking

  • Assigned Parking

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Vinyl Flooring

Schools

  • Palomino Primary Elementary School
  • Paradise Valley High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • The owner pays for sewer, trash collection, water

Community Details

Overview

  • $1,176 per year Dock Fee
  • 4 Units
  • Building Dimensions are 6463

Amenities

  • Community Barbecue Grill

Recreation

  • Heated Community Pool
  • Community Spa

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,385

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: BI Oven/Range, Dishwasher, Refrigerator
  • Construction Finish: Stucco
  • Cross Street: Bell Rd and 32nd St
  • Floors: Vinyl
  • Legal Info Lot Number: 59
  • Roads Streets: Asphalt
  • Property Type: F
  • Legal Description Abbrev: Greenway Manor Lt 01-72 Tr A-E
  • Marketing Name: Greenway Manor
  • Ownership: Fee Simple
  • Map Code Grid: L35
  • Year Built: 1982
  • Tax Year: 2011
  • Directions: West on Bell Rd to 29th St, South on 29th St to Tierra Buena, West to Property
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Amenities: Patio/Balcony
  • Roofing: Foam
  • Construction: Frame - Wood

Garage/Parking

  • Parking: Assigned
  • Total Parking Spaces: 4.00
  • Covered Parking Spaces: 4.00

Utilities

  • Water: City Franchise
  • Electric: APS
  • Cooling: Individual
  • Heating: Electric

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Size: 6463

Multi Family

  • Income And Expenses Annual Ownr Asoc Fee: 6144.00
  • Income And Expenses Operating Exp: 7320.00
  • Income And Expenses Owner Association: Yes
  • Number Of Two Bedroom Units: 4
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electric
  • Total Numberof Buildings: 1
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Rent: 500.00
  • Two Bedroom Units Baths: 2

Tax Info

  • Taxes: 1176.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2012
Closed on
Jan 28, 2013
Sold by
Russo Carlos Simon
Bought by
Pereira Walter
Seller's Agent
Elizabeth Dailey
Success Property Brokers
Buyer's Agent
Joseph Cohan
IRS/International Realty Services, Inc.
List Price
$129,000
Sold Price
$115,000
Premium/Discount to List
-$14,000
-10.85%
Current Estimated Value
$598,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,141
Avg. Annual Appreciation
13.92%

Purchase Details

Closed on
May 6, 2011
Sold by
Russo Margaret P
Bought by
Russo Carlos Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,750
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2011
Sold by
Martin Robert F and Martin Carol R
Bought by
Russo Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,750
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2005
Sold by
Bliven Investments Llc
Bought by
Martin Robert F and Martin Carol R

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
7.37%
Mortgage Type
Negative Amortization
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
Pereira Walter $115,000 Pioneer Title Agency Inc
Russo Carlos Simon -- Magnus Title Agency
Russo Simon $97,000 Magnus Title Agency
Martin Robert F $380,000 Tsa Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russo Carlos Simon $66,750
Previous Owner Martin Robert F $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $115,000 -10.9% --
01/19/2013 01/19/13 Pending -- -- --
02/15/2012 02/15/12 For Sale $129,000 -- --
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 $1,385 $13,914 -- --
2024 $1,356 $13,251 -- --
2023 $1,356 $39,430 $7,880 $31,550
2022 $1,342 $27,080 $5,410 $21,670
2021 $1,346 $23,260 $4,650 $18,610
2020 $1,305 $20,560 $4,110 $16,450
2019 $1,306 $18,100 $3,620 $14,480
2018 $1,264 $15,870 $3,170 $12,700
2017 $1,211 $14,980 $2,990 $11,990
2016 $1,191 $13,450 $2,690 $10,760
2015 $1,103 $12,610 $2,520 $10,090
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Elizabeth Dailey

    Success Property Brokers

    (602) 769-4928

    15 Total Sales

    Section Image
  • Joseph Cohan

    Buyer's Agent in 2013

    Joseph Cohan

    IRS/International Realty Services, Inc.

    1 in this area

    7 Total Sales

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4718402

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-087

Arizona Maricopa County Phoenix 85032 Paradise Valley

2840 E Tierra Buena Ln, Phoenix, AZ

This home is located at 2840 E Tierra Buena Ln, Phoenix, AZ 85032 since 15 February 2012 and is currently estimated at $598,141. This property was built in 1982. 2840 E Tierra Buena Ln 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