$699,900

Estimated payment $3,997/month

Total Views 609
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Heated Community Pool
  • Central Heating and Cooling System
  • 5-minute walk to Palomino Park
  • Ceramic Tile Flooring

About This Home

Fourplex for sale in the heart of North Phoenix just minutes from the Desert Ridge Marketplace, SR 51, local schools and parks, shopping, and many other attractions. The unit mix is: one 1bed/1bath unit, one 2bed/2bath unit, one 2bed/1.5 bath TH style unit, and one 3bed/3bath unit. All units have generous square footage along with W/D hookups. Each unit has outdoor space with either a ground level patio or a balcony. . Monthly HOA dues INCLUDE: common area maintenance, landscaping, community pool, parking enforcement, and gated access with fob entry. Fully occupied with good paying tenants. DO NOT Disturb Tenants. Drive By ONLY.

Listing Agent

Lisa Richardson

ROI Asset Management Solutions License #BR531022000

Co-Listing Agent

Stephen Lins

ROI Asset Management Solutions License #BR623784000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1982

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Foam Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Carport
  • Assigned Parking

Schools

  • Palomino Primary Elementary School
  • Palomino Intermediate School
  • Paradise Valley High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 214-39-037

Community Details

Overview

  • 4 Units
  • Building Dimensions are PAD-13
  • Greenway Manor Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $19,526
  • Gross Income $54,487
  • Net Operating Income $35,010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,402

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 29th ST/Greenway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: PAD-13
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Professional Management Expense: 5454.0
  • Co List Office Mls Id: rams001
  • Co List Office Phone: 602-770-8063
  • Subdivision Name: GREENWAY MANOR
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Refrigerator, Free-Standing Electric Oven, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Community Features:Pool2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Tile, Built-Up, Foam, Rolled/Hot Mop

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, 1 Space/Unit, Carport
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Electric
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: 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: Palomino Intermediate School

Lot Info

  • Lot Size: PAD-13
  • Additional Parcels: No
  • Parcel #: 214-39-037

Multi Family

  • Owner Pays: Other
  • Number Of Units Total: 4
  • Annual Gross Income: 54486.84
  • Insurance Expense: 3000.0
  • Maintenance Expense: 1137.0
  • Property Net Operating Income: 35010.0
  • Annual Operating Expense: 19526.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1402.0
  • Tax Book Number: 214.00
  • Tax Lot: 9

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,402 $14,080 -- --
2024 $1,372 $13,410 -- --
2023 $1,372 $39,870 $7,970 $31,900
2022 $1,358 $27,370 $5,470 $21,900
2021 $1,362 $23,580 $4,710 $18,870
2020 $1,320 $20,830 $4,160 $16,670
2019 $1,322 $18,260 $3,650 $14,610
2018 $1,279 $16,010 $3,200 $12,810
2017 $1,226 $15,080 $3,010 $12,070
2016 $1,205 $13,600 $2,720 $10,880
2015 $1,116 $12,710 $2,540 $10,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $699,900 +75.4% --
08/13/2020 08/13/20 Sold $399,000 0.0% $110 / Sq Ft
07/31/2020 07/31/20 For Sale $399,000 0.0% $110 / Sq Ft
07/31/2020 07/31/20 Price Changed $399,000 0.0% $110 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/05/2020 07/05/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $399,000 0.0% $110 / Sq Ft
06/30/2020 06/30/20 Price Changed $399,000 0.0% $110 / Sq Ft
06/12/2020 06/12/20 Off Market $399,000 -- --
06/01/2020 06/01/20 For Sale $798,000 -- $221 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $399,000 Security Title Agency Inc
Special Warranty Deed $107,000 None Available
Trustee Deed $150,000 Accommodation
Quit Claim Deed -- Tsa Title Agency
Warranty Deed $380,000 Tsa Title Agency
Special Warranty Deed $17,300,000 --
Special Warranty Deed $12,100,000 Fidelity National Title
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $75,000 Credit Line Revolving
Open $408,177 VA
Previous Owner $80,250 New Conventional
Previous Owner $324,000 Unknown
Previous Owner $304,000 Negative Amortization
Previous Owner $13,125,000 Commercial
Previous Owner $11,257,450 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6855967

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-037