NOT LISTED FOR SALE

Estimated Value: $471,756 - $675,000

Studio
-- Bath
3,618 Sq Ft
$156/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $279,000 $77 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,080/month

18 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heat Pump System
  • Heated Community Pool
  • Ceiling Fan

About This Home

As of November 2018

Priced Right and Ready to Sell! (2) Recent Sales in the Complex at $269,000 & $279,000!! This Building is FULLY OCCUPIED WITH Great Tenants! Two Tenants Have Been There for Over 8 Years; Third Tenant for 5 Years! Our Most Recent Tenant is Paying $775.00 Per Month and the Other 3 Are at $600.00 and All Three Are On Month to Month Agreements. Unit #101 Was Upgraded with NEW Kitchen Cabinets; Counter Tops, Vanities and Wood Laminate Flooring!! HOA Fee Pays for Water, Sewer & Trash, Landscaping & Common Area Maintenance Which Includes the Community Pool. (3) Ground Floor Inits and (1) Upstairs Unit. (3) 2 Bed & 2 Bath Units and (1) 2 Bed / 1.50 Townhome Style Unit!! DRIVE BY ONLY. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Bruce Duckett

Duckett Management & Real Estate License #BR537621000 Listed on: 09/15/2018

Last Buyer's Agent

Jason Penrose

eXp Realty License #BR518159000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,207

Year Built

  • Built in 1982

Lot Details

  • 6,316

Home Design

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

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water
  • Tax Lot 22
  • Assessor Parcel Number 214-39-050

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6294
  • Greenway Manor Lot 1 72 Tr A E Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $9,697
  • Gross Income $30,900
  • Net Operating Income $22,410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,207

Year Built

Built in 1982

Lot Details

6,316 Sq Ft Lot

Listing Details

  • Cross Street: 32nd Street & Greenway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multifamily
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENWAY MANOR LOT 1-72 TR A-E
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile, Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Add'l Parking Avail, >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric, Heat Pump, Central A/C
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: 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: 6294
  • Additional Parcels: No
  • Parcel #: 214-39-050

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 30900.0
  • Insurance Expense: 750.0
  • Property Net Operating Income: 22410.0
  • Annual Operating Expense: 9697.0

Tax Info

  • Tax Annual Amount: 1207.0
  • 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
$563,189

Purchase Details

Closed on
Apr 14, 2022
Sold by
Patrick Stevenson Revocable Trust
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
$330,000
Interest Rate
3.85%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 15, 2018
Closed on
Dec 27, 2018
Sold by
Stevenson Patrick
Bought by
Stevenson Patrick
Seller's Agent
Bruce Duckett
Duckett Management & Real Estate
Buyer's Agent
Jason Penrose
eXp Realty
List Price
$279,000
Sold Price
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%

Purchase Details

Listed on
Sep 15, 2018
Closed on
Oct 12, 2018
Sold by
Adornato Patrick
Bought by
Stevenson Patrick
Seller's Agent
Bruce Duckett
Duckett Management & Real Estate
Buyer's Agent
Jason Penrose
eXp Realty
List Price
$279,000
Sold Price
$279,000

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

Closed on
Mar 16, 2012
Sold by
Wu Judy D
Bought by
Lim Jason

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
Mar 1, 2012
Sold by
Hune Pat
Bought by
Wu Judy D

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
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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 -- Chicago Title
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 $330,000
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
11/20/2018 11/20/18 Sold $279,000 0.0% $77 / Sq Ft
11/03/2018 11/03/18 For Sale $279,000 0.0% $77 / Sq Ft
09/15/2018 09/15/18 For Sale $279,000 -- $77 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5820920

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-39-050

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