$401,000 - $438,000
RENTED FEB 8, 2025

3116 E Michigan Ave Phoenix, AZ 85032

Paradise Valley Neighborhood
3 Beds
3 Baths
1,425 Sq Ft
$292 Price per Sq Ft

Last Sold October 11, 2019

Last sale price $229,000 $161 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,450/month

About This Home

As of October 2019

Looking for your dream home? Through our seamless leasing process, this beautifully designed home is move-in ready. Our spacious layout is perfect for comfortable living that you can enjoy with your pets too; we're proud to be pet friendly. Our homes are built using high-quality, eco-friendly materials with neutral paint colors, updated fixtures, and energy-efficient appliances. Enjoy the backyard and community to unwind after a long day, or simply greet neighbors, enjoy the fresh air, and gather for fun-filled activities. Ready to make your next move your best move? Apply now. The fixtures and finishes of this property may differ slightly from what is pictured.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2025
Sold by
Rh Partners Ownerco Llc and Safari Two Asset Company Llc
Bought by
Rh Partners Ownerco 2 Llc
Current Estimated Value
$416,296

Purchase Details

Listed on
Sep 7, 2019
Closed on
Oct 9, 2019
Sold by
Hanson Gary
Bought by
Rh Partners Ownerco Llc
Seller's Agent
Jennifer Patnode
Desert Dream Realty
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$229,000
Sold Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%

Purchase Details

Closed on
Jun 23, 1999
Sold by
Strock Eric W and Strock Tammy M
Bought by
Hanson Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,328
Interest Rate
7.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 1994
Sold by
J & A Real Estate Partnership
Bought by
Strock Eric W and Strock Tammy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,496
Interest Rate
8.1%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Rh Partners Ownerco 2 Llc $70,554,067 None Listed On Document
Rh Partners Ownerco Llc $229,000 None Available
Hanson Gary $111,500 Ati Title Agency
Strock Eric W $94,700 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanson Gary $16,732
Previous Owner Hanson Gary $111,328
Previous Owner Strock Eric W $7,496
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2025 02/08/25 Rented $2,025 0.0% --
09/12/2024 09/12/24 Price Changed $2,025 -2.4% $1 / Sq Ft
09/02/2024 09/02/24 Price Changed $2,075 -2.4% $1 / Sq Ft
07/31/2024 07/31/24 Price Changed $2,125 -2.3% $1 / Sq Ft
07/23/2024 07/23/24 For Rent $2,175 0.0% --
10/11/2019 10/11/19 Sold $229,000 0.0% $161 / Sq Ft
09/06/2019 09/06/19 For Sale $229,000 -- $161 / Sq Ft

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 $1,486 $14,931 -- --
2024 $1,455 $14,220 -- --
2023 $1,455 $27,250 $5,450 $21,800
2022 $1,441 $20,500 $4,100 $16,400
2021 $1,445 $19,050 $3,810 $15,240
2020 $1,400 $17,870 $3,570 $14,300
2019 $1,203 $16,520 $3,300 $13,220
2018 $1,159 $13,720 $2,740 $10,980
2017 $1,107 $13,720 $2,740 $10,980
2016 $1,089 $13,210 $2,640 $10,570
2015 $1,011 $11,100 $2,220 $8,880
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Katie Becker

    Main Street Renewal, LLC

    (480) 588-8356

    Katie Becker
    Section Image
  • Jennifer Patnode

    Seller's Agent in 2019

    Jennifer Patnode

    Desert Dream Realty

    (480) 324-6050

    7 in this area

    123 Total Sales

    Jennifer Patnode
    Section Image
  • Tammy Seymour

    Seller Co-Listing Agent in 2019

    Tammy Seymour

    Desert Dream Realty

    (480) 586-0377

    5 in this area

    94 Total Sales

    Tammy Seymour
    Section Image

  • S

    Buyer's Agent in 2019

    Spencer Lindahl

    Main Street Renewal, LLC

    (480) 535-6813

    17 in this area

    11,668 Total Sales

    Section Image
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Map

Arizona Maricopa County Phoenix 85032 Paradise Valley

3116 E Michigan Ave, Phoenix, AZ

This home is located at 3116 E Michigan Ave, Phoenix, AZ 85032 and is currently estimated at $416,296, approximately $292 per square foot. 3116 E Michigan Ave is a home located in Maricopa County with nearby schools including Campo Bello Elementary School, Vista Verde Middle School, and Paradise Valley High School.

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.

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