Seller's Agent in 2024
Edson Salas
ES Realty
(602) 319-0985
4 in this area
77 Total Sales
2845 E Kathleen Rd Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated Value: $577,000 - $646,000
Studio
--
Bath
3,618
Sq Ft
$172/Sq Ft
Est. Value
Highlights
- Heated Community Pool
- Carpet
- Heating Available
- Central Air
About This Home
As of March 2024Exceptional investment opportunity awaits in North Phoenix! Discover this fourplex strategically located just minutes away from the vibrant Desert Ridge Marketplace. The ideal unit mix includes one 1-bedroom/1-bathroom unit, two 2-bedroom/2-bathroom units, and one 3-bedroom/2-bathroom unit. Each unit boasts generous square footage and convenient washer/dryer hookups. Embrace outdoor living with ground level patios or balconies for each unit, providing a perfect spot to relax just steps away from the inviting community pool. Enjoy a hassle-free ownership experience with no owner utilities to worry about. The HOA covers essential services, including trash, common area maintenance, landscaping, pool maintenance. Tenants pay electric and water and sewer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,343
Year Built
- Built in 1982
Lot Details
- 5,924
Home Design
- Wood Frame Construction
- Built-Up Roof
- Stucco
Flooring
- Carpet
- Vinyl
Parking
- 8 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
- Assigned Parking
Schools
- Palomino Primary Elementary School
- Paradise Valley High School
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tenant pays for electricity, water, sewer, cable TV
- The owner pays for trash collection
- Tax Lot 61
- Assessor Parcel Number 214-39-089
Community Details
Overview
- 4 Units
- Building Dimensions are 5933 sqft
- Greenway Manor Subdivision
Recreation
- Heated Community Pool
Building Details
- Operating Expense $11,407
- Gross Income $30,145
- Net Operating Income $20,432
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2024
Closed on
Mar 22, 2024
Sold by
Khalid Aaya
Bought by
Kryemadhi Alan
Seller's Agent
Edson Salas
ES Realty
Buyer's Agent
Luca Kaloshi
HomeSmart
List Price
$650,000
Sold Price
$645,000
Premium/Discount to List
-$5,000
-0.77%
Views
19
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
-$24,489
Avg. Annual Appreciation
-2.08%
Original Mortgage
$516,000
Outstanding Balance
$505,921
Interest Rate
6.64%
Mortgage Type
Construction
Estimated Equity
$114,590
Purchase Details
Listed on
May 17, 2021
Closed on
Oct 22, 2021
Sold by
Kayali Bandar I
Bought by
Khalid Aaya
Seller's Agent
Nathan Waite
Silverhawk Realty
Buyer's Agent
Mathew Abney
ES Realty
List Price
$574,500
Sold Price
$545,000
Premium/Discount to List
-$29,500
-5.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$535,128
Interest Rate
2.8%
Mortgage Type
FHA
Purchase Details
Listed on
Mar 7, 2020
Closed on
Apr 29, 2020
Sold by
2845 Kathleen Llc
Bought by
Kayali Bandar I
Seller's Agent
Catherine Shaw
eXp Realty
Buyer's Agent
Nathan Waite
Compass
List Price
$365,000
Sold Price
$349,000
Premium/Discount to List
-$16,000
-4.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.99%
Original Mortgage
$261,750
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2007
Sold by
Myers Lawrence E and Myers Patricia A
Bought by
2845 Kathleen Llc
Purchase Details
Closed on
Sep 28, 2006
Sold by
Edrosolan Richard
Bought by
Myers Lawrence E and Myers Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Dec 14, 2005
Sold by
Bliven Investments Llc
Bought by
Edrosolan Richard
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kryemadhi Alan | $645,000 | Pioneer Title Agency | |
| Kryemadhi Alan | $645,000 | Pioneer Title Agency | |
| Khalid Aaya | $545,000 | Pioneer Title Agency Inc | |
| Khalid Aaya | $545,000 | Pioneer Title Agency Inc | |
| Kayali Bandar I | $349,000 | Grand Canyon Title Agency | |
| Kayali Bandar I | $349,000 | Grand Canyon Title Agency | |
| 2845 Kathleen Llc | -- | None Available | |
| 2845 Kathleen Llc | -- | None Available | |
| Myers Lawrence E | $450,000 | Tsa Title Agency | |
| Myers Lawrence E | $450,000 | Tsa Title Agency | |
| Edrosolan Richard | -- | Tsa Title Agency | |
| Edrosolan Richard | -- | Tsa Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kryemadhi Alan | $516,000 | |
| Previous Owner | Khalid Aaya | $535,128 | |
| Previous Owner | Kayali Bandar I | $261,750 | |
| Previous Owner | Myers Lawrence E | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/22/2024 03/22/24 | Sold | $645,000 | -0.8% | $178 / Sq Ft | |
| 02/20/2024 02/20/24 | For Sale | $650,000 | +19.3% | $180 / Sq Ft | |
| 10/22/2021 10/22/21 | Sold | $545,000 | -5.1% | $151 / Sq Ft | View Prior Sale |
| 09/27/2021 09/27/21 | For Sale | $574,500 | 0.0% | $159 / Sq Ft | |
| 09/27/2021 09/27/21 | Price Changed | $574,500 | 0.0% | $159 / Sq Ft | |
| 09/14/2021 09/14/21 | For Sale | $574,500 | 0.0% | $159 / Sq Ft | |
| 09/14/2021 09/14/21 | Price Changed | $574,500 | 0.0% | $159 / Sq Ft | |
| 09/03/2021 09/03/21 | For Sale | $574,500 | 0.0% | $159 / Sq Ft | |
| 09/03/2021 09/03/21 | Price Changed | $574,500 | 0.0% | $159 / Sq Ft | |
| 06/24/2021 06/24/21 | Price Changed | $574,500 | -1.7% | $159 / Sq Ft | |
| 06/14/2021 06/14/21 | Price Changed | $584,500 | -2.1% | $162 / Sq Ft | |
| 05/30/2021 05/30/21 | Price Changed | $597,000 | -1.3% | $165 / Sq Ft | |
| 05/17/2021 05/17/21 | For Sale | $605,000 | +73.4% | $167 / Sq Ft | |
| 05/11/2020 05/11/20 | Sold | $349,000 | -4.4% | $96 / Sq Ft | View Prior Sale |
| 05/04/2020 05/04/20 | For Sale | $365,000 | 0.0% | $101 / Sq Ft | |
| 05/04/2020 05/04/20 | Price Changed | $365,000 | 0.0% | $101 / Sq Ft | |
| 04/03/2020 04/03/20 | Pending | -- | -- | -- | |
| 03/29/2020 03/29/20 | For Sale | $365,000 | 0.0% | $101 / Sq Ft | |
| 03/08/2020 03/08/20 | Pending | -- | -- | -- | |
| 03/07/2020 03/07/20 | For Sale | $365,000 | -- | $101 / 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 | $1,409 | $13,785 | -- | -- |
| 2024 | $1,343 | $13,129 | -- | -- |
| 2023 | $1,343 | $39,070 | $7,810 | $31,260 |
| 2022 | $1,330 | $26,850 | $5,370 | $21,480 |
| 2021 | $1,334 | $23,000 | $4,600 | $18,400 |
| 2020 | $1,293 | $20,320 | $4,060 | $16,260 |
| 2019 | $1,294 | $17,950 | $3,590 | $14,360 |
| 2018 | $1,252 | $15,770 | $3,150 | $12,620 |
| 2017 | $1,200 | $14,880 | $2,970 | $11,910 |
| 2016 | $1,180 | $13,320 | $2,660 | $10,660 |
| 2015 | $1,093 | $12,520 | $2,500 | $10,020 |
Source: Public Records
Agents Affiliated with this Home
-
Edson Salas
-
Luca Kaloshi
L
Buyer's Agent in 2024
Luca Kaloshi
HomeSmart
(602) 230-7600
1 in this area
3 Total Sales
-
N
Seller's Agent in 2021
Nathan Waite
Silverhawk Realty
-
M
Buyer's Agent in 2021
Mathew Abney
ES Realty
-
C
Seller's Agent in 2020
Catherine Shaw
eXp Realty
-
Kim Horn
Seller Co-Listing Agent in 2020
Kim Horn
Southwest Prop Sales & Leasing
(928) 713-9418
1 Total Sale
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6666173
APN: 214-39-089
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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