NOT LISTED FOR SALE

Estimated Value: $521,000 - $751,000

6 Beds
-- Bath
37,500 Sq Ft
$17/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $640,000 $17 Per Sq Ft

Current estimated payment $3,500/month

92 Days on Market

Highlights

  • RV Access or Parking
  • Cooling Available
  • 6 Car Garage
  • Paradise Valley High School Rated A
  • Ceramic Tile Flooring
  • 3-minute walk to Palomino Park

About This Home

As of August 2022

Just completed renovation on both units with all appliances included. Originally built in 2007 with identical floorplans on both units. Each unit is 1,500 sqft, 3 bedroom, 2.5 bath, and has it's own 1 car garage. Plenty of space on driveways and space to the side of each driveway for a couple more vehicles or trailers. Good size private backyards for units.

Last Agent to Sell the Property

Brad Phillips

RE/MAX Fine Properties License #BR509671000 Listed on: 04/17/2022

Last Buyer's Agent

Michael Gordon

Get Multifamily License #BR688636000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 2007

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Car Garage
  • 4 Open Parking Spaces
  • Additional Parking
  • RV Access or Parking

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available

Listing and Financial Details

  • Tenant pays for water, sewer, electricity, trash collection, cable TV, landscaping
  • Tax Lot 28
  • Assessor Parcel Number 214-36-003-H

Community Details

Overview

  • 2 Units
  • Building Dimensions are 100x75
  • Kay Acres 3 Lots 38 40, 42 45, 47 50 Subdivision

Building Details

  • Operating Expense $1,466

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,466

Year Built

Built in 2007

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 32nd St and Paradise Lane
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2007
  • Tax Year: 2021
  • Road Surface Type: Concrete
  • Subdivision Name: KAY ACRES 3 LOTS 38-40, 42-45, 47-50
  • Garage Yn: Yes
  • Tax Parcel Letter: H
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Microwave

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 100x75
  • Additional Parcels: No
  • Parcel #: 214-36-003-H

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Electricity, Trash Collection, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Operating Expense: 1466.0
  • Vacancy Allowance Rate: 100.0

Tax Info

  • Tax Annual Amount: 1466.0
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2022
Closed on
Aug 2, 2022
Sold by
Okoi Okoi O O and Okoi Rhonda
Bought by
De La Torre Family Trust
Seller's Agent
Brad Phillips
RE/MAX Fine Properties
Buyer's Agent
Michael Gordon
Get Multifamily
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%
Current Estimated Value
$640,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$954
Avg. Annual Appreciation
0.04%
Original Mortgage
$328,600
Outstanding Balance
$313,799
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$327,155

Purchase Details

Closed on
Dec 15, 2010
Sold by
M & I Marshall & Ilsley Bank
Bought by
Okoi Okoi O and Rmmel Okoi Rhonda

Purchase Details

Closed on
Aug 24, 2010
Sold by
Teixeira Ahylton and Carvalho Luiz R
Bought by
M&I Marshall & Ilsley Bank

Purchase Details

Closed on
Mar 22, 2007
Sold by
Teixeira Elizabeth
Bought by
Teixeira Ahylton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,182
Interest Rate
7.37%
Mortgage Type
New Conventional
Source: Public Records
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
De La Torre Family Trust $630,000 Old Republic Title
Okoi Okoi O $93,500 Security Title Agency
M&I Marshall & Ilsley Bank $122,618 Empire West Title Agency
Teixeira Ahylton -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open De La Torre Family Trust $328,600
Previous Owner Teixeira Ahylton $224,182
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2022 08/17/22 Sold $640,000 -7.1% $17 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $689,000 -1.4% $18 / Sq Ft
06/21/2022 06/21/22 For Sale $699,000 0.0% $19 / Sq Ft
06/21/2022 06/21/22 Price Changed $699,000 -3.6% $19 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/12/2022 06/12/22 Price Changed $725,000 -1.4% $19 / Sq Ft
06/04/2022 06/04/22 Price Changed $735,000 -1.3% $20 / Sq Ft
06/01/2022 06/01/22 For Sale $745,000 0.0% $20 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $745,000 0.0% $20 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/17/2022 04/17/22 For Sale $745,000 -- $20 / 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 $1,548 $15,149 -- --
2024 $1,476 $14,428 -- --
2023 $1,476 $39,380 $7,870 $31,510
2022 $1,462 $26,750 $5,350 $21,400
2021 $1,466 $24,580 $4,910 $19,670
2020 $1,421 $22,570 $4,510 $18,060
2019 $1,422 $18,830 $3,760 $15,070
2018 $1,376 $18,550 $3,710 $14,840
2017 $1,319 $15,230 $3,040 $12,190
2016 $1,297 $18,570 $3,710 $14,860
2015 $1,201 $16,070 $3,210 $12,860
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6385647

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-36-003H

Your Personal Tour Guide

Ask me questions while you tour the home.