R
Seller's Agent in 2025
Ruben Lopez
ProSmart Realty
(480) 383-3007
2 in this area
6 Total Sales
3101 W Madison St Phoenix, AZ 85009
Estrella Village Neighborhood
--
Bed
--
Bath
3,404
Sq Ft
1986
Built
Highlights
- Evaporated cooling system
- Carpet
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of February 20254-plex. All units are occupied, The Tenants have been living there for a long time.
The property is located within a close proximity to I-10 and I-17 Fwys.
Last Agent to Sell the Property
ProSmart Realty License #SA034530000 Listed on: 01/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,102
Year Built
- Built in 1986
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Carpet
- Vinyl
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Utilities
- Evaporated cooling system
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water
- Tax Lot 1
- Assessor Parcel Number 109-40-061
Community Details
Overview
- 4 Units
- Building Dimensions are Unknown
- Prosperity Park Subdivision
Building Details
- Operating Expense $1,102
- Gross Income $37,620
- Net Operating Income $34,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2025
Closed on
Feb 12, 2025
Sold by
Lopez Ruben G and Lopez Rosa M
Bought by
Sevilla Alejandra N Madueno
Seller's Agent
Ruben Lopez
ProSmart Realty
Buyer's Agent
Mariela Elenes
EMG Real Estate
List Price
$485,000
Sold Price
$485,000
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
$11,855
Avg. Annual Appreciation
4.49%
Original Mortgage
$388,000
Outstanding Balance
$386,404
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$110,451
Purchase Details
Closed on
Jan 21, 2020
Sold by
Lopez Ruben G and Lopez Rosa
Bought by
Koranda Llc
Purchase Details
Closed on
Jun 10, 1995
Sold by
Federal National Mortgage Association
Bought by
Lopez Ruben G and Lopez Rosa M
Purchase Details
Closed on
Apr 19, 1995
Sold by
Jusay Pineda Jr Petronilo O and Jusay Pineda Adelaida
Bought by
Federal National Mortgage Association
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $485,000 | Standard Title | |
| Sheriffs Deed | $17,592 | None Available | |
| Warranty Deed | $18,000 | Lawyers Title | |
| Trustee Deed | -- | -- | |
| Trustee Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $388,000 | New Conventional | |
| Previous Owner | $165,750 | Fannie Mae Freddie Mac | |
| Previous Owner | $105,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2025 02/20/25 | Sold | $485,000 | 0.0% | $142 / Sq Ft |
| 01/25/2025 01/25/25 | Pending | -- | -- | -- |
| 01/22/2025 01/22/25 | For Sale | $485,000 | 0.0% | $142 / Sq Ft |
| 01/14/2025 01/14/25 | Pending | -- | -- | -- |
| 01/10/2025 01/10/25 | For Sale | $485,000 | -- | $142 / 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 | $1,102 | $8,735 | -- | -- |
| 2024 | $1,048 | $8,319 | -- | -- |
| 2023 | $1,048 | $40,400 | $8,080 | $32,320 |
| 2022 | $1,005 | $27,180 | $5,430 | $21,750 |
| 2021 | $1,065 | $23,260 | $4,650 | $18,610 |
| 2020 | $1,029 | $19,750 | $3,950 | $15,800 |
| 2019 | $1,018 | $17,110 | $3,420 | $13,690 |
| 2018 | $997 | $13,880 | $2,770 | $11,110 |
| 2017 | $958 | $13,270 | $2,650 | $10,620 |
| 2016 | $972 | $10,300 | $2,060 | $8,240 |
| 2015 | $906 | $8,780 | $1,750 | $7,030 |
Source: Public Records
Agents Affiliated with this Home
-
Ruben Lopez
-
Mariela Elenes
Buyer's Agent in 2025
Mariela Elenes
EMG Real Estate
(480) 721-2382
24 in this area
183 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6803154
APN: 109-40-061
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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