NOT LISTED FOR SALE

2845 E Paradise Ln Unit 22 Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $464,380 - $660,000

-- Bed
8 Baths
1,800 Sq Ft
$327/Sq Ft Est. Value

Last Sold March 15, 2012

Last sale price $135,000 $75 Per Sq Ft

Est. 336% increase in value since last sale

Current estimated payment $3,190/month

Highlights

  • Heated Community Pool
  • Community Playground
  • Carpet
  • Cooling Available
  • Community Barbecue Grill
  • Heating Available

About This Home

As of March 2012

Not short sale or bank owned! Grt location on this 4-plex across from Palomino School + park + close to freeways. Community pool, large green area, 1 covered parking space per unit. HOA monthly dues are $512 per month includes pool, common area & parking lot maintenance, porter, water & trash. HOA does not include management fees or building maint. Tenants pay electric. 3 units 2BR, 2Bth, 1 unit 2BR, 1 & 1/2 bth. Washer/dryers in each. Three units rented: #101 @ $550, expires 5/31/12, #102 @ $550 exp 2/28/12, #201 @ $550 MTM, 3 newer A/C units. Two new water heaters. All appliances included. Security screens on all downstairs windows & doors & most patio doors. #103 updated kitchen in 2009. New carpet & paint @ start of leases. New electrical panel in 2010. Owner/Agent

Last Agent to Sell the Property

Pat Hune

1st Southwest Realty, LLC License #BR529524000 Listed on: 02/01/2012

Last Buyer's Agent

Lois Kaipainen

Income Property Shop License #SA567276000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,171

Year Built

  • Built in 1982

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • Carport

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 214-39-050

Community Details

Overview

  • 4 Units
  • Building Dimensions are 5327
  • Greenway Manor Subdivision

Recreation

  • Community Playground
  • Heated Community Pool

Additional Features

  • Community Barbecue Grill
  • Operating Expense $8,315

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,171

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: 32nd St & Greenway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2011
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Greenway Manor
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Community Features Play Area: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Pool2: Yes
  • Community Features:Barbecue: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Built-Up

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Play Area, Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: 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 High School

Lot Info

  • Lot Size: 5327
  • Additional Parcels: No
  • Parcel #: 214-39-050

Multi Family

  • Owner Pays: Other, See Remarks
  • Number Of Units Total: 4
  • Insurance Expense: 1000.0
  • Annual Operating Expense: 8315.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1171.0
  • Tax Book Number: 214.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Stevenson Patrick
Bought by
Patrick Stevenson Revocable Trust and Stevenson
Current Estimated Value
$588,127

Purchase Details

Closed on
Dec 27, 2018
Sold by
Stevenson Patrick
Bought by
Stevenson Patrick

Purchase Details

Closed on
Oct 12, 2018
Sold by
Adornato Patrick
Bought by
Stevenson Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2013
Sold by
Wu Judy D and Lim Jason
Bought by
Adornato Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2013
Sold by
Deir Yvonne
Bought by
Adornato Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2012
Closed on
Mar 16, 2012
Sold by
Wu Judy D
Bought by
Lim Jason
Seller's Agent
Pat Hune
1st Southwest Realty, LLC
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$101,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2012
Closed on
Mar 1, 2012
Sold by
Hune Pat
Bought by
Wu Judy D
Seller's Agent
Pat Hune
1st Southwest Realty, LLC
Buyer's Agent
Lois Kaipainen
Income Property Shop
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2009
Sold by
Greenpoint Mortgage Funding Inc
Bought by
Hune Pat

Purchase Details

Closed on
Sep 24, 2008
Sold by
Schwartz Ronald and Schwartz Stephanie
Bought by
Greenpoint Mortgage Funding Inc

Purchase Details

Closed on
Feb 10, 2006
Sold by
Schwartz Ronald V and Schwartz Stephanie
Bought by
2845 East Paradise Lane Llc

Purchase Details

Closed on
Nov 22, 2005
Sold by
Bliven Investments Llc
Bought by
Schwartz Ronald and Schwartz Stephanie

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
7.62%
Mortgage Type
Purchase Money Mortgage

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Patrick Stevenson Revocable Trust -- --
Stevenson Patrick -- Lawyers Title Of Arizona Inc
Stevenson Patrick $279,000 Lawyers Title Of Arizona Inc
Adornato Patrick $142,000 Grand Canyon Title Agency In
Adornato Patrick -- Grand Canyon Title Agency In
Lim Jason $18,899 None Available
Wu Judy D $135,000 Fidelity National Title Agen
Hune Pat $93,000 Old Republic Title Agency
Greenpoint Mortgage Funding Inc $325,000 Old Republic Title Agency
2845 East Paradise Lane Llc -- Tsa Title Agency
Schwartz Ronald $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 Stevenson Patrick $209,250
Previous Owner Adornato Patrick $106,500
Previous Owner Adornato Patrick $106,500
Previous Owner Wu Judy D $101,250
Previous Owner Schwartz Ronald $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
03/15/2012 03/15/12 Sold $135,000 0.0% $75 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $135,000 -- $75 / 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 $1,418 $13,871 -- --
2024 $1,352 $13,210 -- --
2023 $1,352 $39,320 $7,860 $31,460
2022 $1,338 $27,010 $5,400 $21,610
2021 $1,342 $23,180 $4,630 $18,550
2020 $1,301 $20,480 $4,090 $16,390
2019 $1,302 $18,050 $3,610 $14,440
2018 $1,260 $15,850 $3,170 $12,680
2017 $1,207 $14,950 $2,990 $11,960
2016 $1,187 $13,410 $2,680 $10,730
2015 $1,100 $12,570 $2,510 $10,060
Source: Public Records

Agents Affiliated with this Home

  • Pat Hune

    Seller's Agent in 2012

    Pat Hune

    1st Southwest Realty, LLC

    (480) 703-1976

    1 in this area

    49 Total Sales

    Pat Hune
    Section Image

  • L

    Buyer's Agent in 2012

    Lois Kaipainen

    Income Property Shop

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4709828

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-050

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2845 E Paradise Ln Unit 22, Phoenix, AZ

Not Listed for Sale

MultiFamily

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