Y
Seller's Agent in 2019
Youssef Salloum
West USA Realty
2844 E Marconi Ave Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated Value: $498,425 - $650,000
Studio
--
Bath
3,618
Sq Ft
$161/Sq Ft
Est. Value
Highlights
- Clubhouse
- Heated Community Pool
- Resident Manager or Management On Site
- Wood Flooring
- Community Playground
- Community Barbecue Grill
About This Home
As of February 2019FULLY OCCUPIED! GREAT CASH FLOW with total rents at $3,000 per month. North Phoenix 4-plex, LARGE UNITS at $75,000 per door! Units have recently been updated and renovated. Gated community with pool, hot tub and open areas. HOA covers WATER, Sewer, & Trash! Ease of management. Walking distance to elementary school, close to retail and grocers, and easy access to entire Valley, just a few blocks from the 51. DRIVE BY ONLY. Agent is member of LLC.
Last Agent to Sell the Property
Youssef Salloum
West USA Realty License #SA672011000 Listed on: 01/15/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,265
Year Built
- Built in 1982
Lot Details
- 6,490
Home Design
- Wood Frame Construction
- Foam Roof
- Stucco
Flooring
- Wood Flooring
Parking
- 8 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 1
- Assessor Parcel Number 214-39-029
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
- Greenway Manor Lot 1 72 Tr A E Subdivision
Amenities
- Community Barbecue Grill
- Clubhouse
Recreation
- Community Playground
- Heated Community Pool
Building Details
- Operating Expense $10,405
- Gross Income $36,000
- Net Operating Income $25,595
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 9, 2024
Sold by
Luxtige Llc
Bought by
Tiege Julian
Current Estimated Value
Purchase Details
Closed on
Oct 12, 2022
Sold by
Lopez Julian
Bought by
Luxtige Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 29, 2022
Sold by
Luxtige Llc
Bought by
Lopez Julian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 29, 2019
Sold by
Luxtige Llc
Bought by
Lopez Julian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 15, 2019
Closed on
Jan 31, 2019
Sold by
2844 E Marconi Avenue Llc
Bought by
Luxtige Llc
Seller's Agent
Youssef Salloum
West USA Realty
Buyer's Agent
Julian Tiege
My Home Group Real Estate
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$235,000
Interest Rate
4.6%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Aug 19, 2014
Sold by
Salloum Youssef and Salloum Mallory
Bought by
2844 E Marconi Avenue Llc
Purchase Details
Listed on
Jan 29, 2014
Closed on
Mar 31, 2014
Sold by
Lions Gate Investments Lllp
Bought by
Saroum Youssef and Salloum Mallory
Seller's Agent
Tom Zarob
Phoenix Prestige Real Estate
Buyer's Agent
Steve Russell
RE/MAX Solutions
List Price
$159,900
Sold Price
$158,000
Premium/Discount to List
-$1,900
-1.19%
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%
Original Mortgage
$118,500
Interest Rate
4.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 6, 2013
Sold by
Venture Paradise Llc
Bought by
Lions Gate Investments Lllp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 31, 2010
Sold by
Chen Jay W and Wu Hanna Y
Bought by
Venture Paradise Llc
Purchase Details
Closed on
Sep 16, 2009
Sold by
Aurora Loan Services Llc
Bought by
Chen Jay and Wu Hanna
Purchase Details
Closed on
Jun 11, 2009
Sold by
Medina Ramon A and Tapia Medina Rosemary
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Nov 28, 2005
Sold by
Bliven Investments Llc
Bought by
Medina Ramon A and Tapia Medina Rosemary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.5%
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
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 |
|---|---|---|---|
| Tiege Julian | -- | -- | |
| Luxtige Llc | -- | Fidelity National Title | |
| Lopez Julian | -- | Fidelity National Title | |
| Lopez Julian | -- | None Available | |
| Lopez Julian | -- | None Available | |
| Luxtige Llc | $294,000 | Grand Canyon Title Agency | |
| 2844 E Marconi Avenue Llc | -- | Security Title Agency | |
| Saroum Youssef | $158,000 | Empire West Title Agency | |
| Lions Gate Investments Lllp | $150,000 | Empire West Title Agency | |
| Venture Paradise Llc | $120,000 | None Available | |
| Chen Jay | $110,500 | Security Title Agency | |
| Aurora Loan Services Llc | $301,253 | Accommodation | |
| Medina Ramon A | $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 |
|---|---|---|---|
| Previous Owner | Luxtige Llc | $525,000 | |
| Previous Owner | Lopez Julian | $525,000 | |
| Previous Owner | Lopez Julian | $221,250 | |
| Previous Owner | Luxtige Llc | $235,000 | |
| Previous Owner | Saroum Youssef | $118,500 | |
| Previous Owner | Lions Gate Investments Lllp | $97,500 | |
| Previous Owner | Medina Ramon A | $285,000 | |
| Previous Owner | Bliven Investments | $13,125,000 | |
| Previous Owner | Paradise Urban Investments Llc | $11,257,450 | |
| Closed | Medina Ramon A | $19,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/01/2019 02/01/19 | Sold | $300,000 | 0.0% | $83 / Sq Ft | |
| 01/16/2019 01/16/19 | Pending | -- | -- | -- | |
| 01/15/2019 01/15/19 | For Sale | $299,900 | +89.8% | $83 / Sq Ft | |
| 04/09/2014 04/09/14 | Sold | $158,000 | -1.2% | $44 / Sq Ft | View Prior Sale |
| 02/12/2014 02/12/14 | Pending | -- | -- | -- | |
| 01/29/2014 01/29/14 | For Sale | $159,900 | -- | $44 / 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 | $1,424 | $13,931 | -- | -- |
| 2024 | $1,358 | $13,267 | -- | -- |
| 2023 | $1,358 | $39,450 | $7,890 | $31,560 |
| 2022 | $1,344 | $27,100 | $5,420 | $21,680 |
| 2021 | $1,348 | $23,270 | $4,650 | $18,620 |
| 2020 | $1,306 | $20,560 | $4,110 | $16,450 |
| 2019 | $1,308 | $18,100 | $3,620 | $14,480 |
| 2018 | $1,265 | $15,880 | $3,170 | $12,710 |
| 2017 | $1,213 | $14,980 | $2,990 | $11,990 |
| 2016 | $1,192 | $13,460 | $2,690 | $10,770 |
| 2015 | $1,104 | $12,610 | $2,520 | $10,090 |
Source: Public Records
Agents Affiliated with this Home
-
-
Julian Tiege
Buyer's Agent in 2019
Julian Tiege
My Home Group
(602) 828-2502
2 in this area
44 Total Sales
-
Tom Zarob
T
Seller's Agent in 2014
Tom Zarob
Phoenix Prestige Real Estate
(602) 708-1635
1 in this area
20 Total Sales
-
S
Buyer's Agent in 2014
Steve Russell
RE/MAX
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5868113
APN: 214-39-029
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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