Seller's Agent in 2022
Greg Markov
HomeSmart
(602) 451-5826
4 in this area
24 Total Sales
3801 E Shea Blvd Phoenix, AZ 85028
Paradise Valley Village NeighborhoodEstimated Value: $865,000 - $1,401,799
3
Beds
4
Baths
2,450
Sq Ft
$503/Sq Ft
Est. Value
Highlights
- Airplane Hangar
- Horses Allowed On Property
- RV Gated
- Mercury Mine Elementary School Rated A
- Private Pool
- 1.57 Acre Lot
About This Home
As of September 2022Plenty of land to expand further and you even have horse privileges. Walking distance to the Phoenix Mountain Preserve. Nothing else like this in Phoenix.
The opportunities here are endless. Buy it and keep it as-is to run your business and live on site. Invest for the future, rent out the studio, and use the income to offset mortgage while you live there. Setup Airbnb's in the rear lot. Use the Shea frontage visibility to redevelop. Truly endless options.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,242
Year Built
- Built in 1960
Lot Details
- 1.57 Acre Lot
- Desert faces the front and back of the property
- Block Wall Fence
Parking
- 7 Car Garage
- RV Gated
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- 2,450 Sq Ft Home
- 1-Story Property
- 2 Fireplaces
- Stone Flooring
- Built-In Microwave
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Pool
- Private Pool
- Fence Around Pool
- Diving Board
Outdoor Features
- Airplane Hangar
- Outdoor Storage
- Built-In Barbecue
Schools
- Cheyenne Elementary School
- Cocopah Middle School
- Chaparral High School
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Refrigerated Cooling System
- Heating System Uses Natural Gas
- High Speed Internet
Community Details
- No Home Owners Association
- Association fees include no fees
- Paradise Foothills Subdivision
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 165-01-009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2022
Closed on
Oct 5, 2022
Sold by
Pauline Thomas Martinez Living Trust
Bought by
3801 Shea Llc
Seller's Agent
Greg Markov
HomeSmart
Buyer's Agent
Rachel Reid
Realty ONE Group
List Price
$1,500,000
Sold Price
$1,212,500
Premium/Discount to List
-$287,500
-19.17%
Views
3
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
$19,200
Avg. Annual Appreciation
0.48%
Original Mortgage
$970,000
Outstanding Balance
$924,496
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$307,204
Purchase Details
Listed on
Jun 3, 2022
Closed on
Aug 23, 2022
Sold by
Eq 38Th And Shea Llc
Bought by
Pauline Thomas Martinez Living Trust
Seller's Agent
Greg Markov
HomeSmart
Buyer's Agent
Rachel Reid
Realty ONE Group
List Price
$1,500,000
Sold Price
$1,212,500
Premium/Discount to List
-$287,500
-19.17%
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Outstanding Balance
$924,496
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$307,204
Purchase Details
Listed on
Dec 12, 2020
Closed on
Feb 4, 2021
Sold by
Backer Robert and Backer Rena
Bought by
Eq 38Th And Shea Llc
Seller's Agent
Greg Markov
HomeSmart
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$950,000
Sold Price
$935,000
Premium/Discount to List
-$15,000
-1.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.29%
Purchase Details
Closed on
Sep 17, 2009
Sold by
Backer Constance Arlene
Bought by
Backer Gary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
5.18%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 13, 2009
Sold by
Marlow Elbert Bryon and Marlow Nina Decker
Bought by
Backer Robert and Backer Rena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,385
Interest Rate
5.18%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 17, 2007
Sold by
Marlow Elbert B and Marlow Nina D
Bought by
Marlow Elbert Byron and Marlow Nina Decker
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 3801 Shea Llc | -- | -- | |
| Pauline Thomas Martinez Living Trust | $1,212,500 | First American Title | |
| Eq 38Th And Shea Llc | $935,000 | Chicago Title Agency Inc | |
| Backer Gary | -- | Grand Canyon Title Agency In | |
| Backer Robert | $310,000 | Grand Canyon Title Agency In | |
| Marlow Elbert Byron | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pauline Thomas Martinez Living Trust | $970,000 | |
| Previous Owner | Backer Gary | $304,385 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/29/2022 09/29/22 | Sold | $1,212,500 | -10.2% | $495 / Sq Ft | |
| 08/22/2022 08/22/22 | Pending | -- | -- | -- | |
| 08/04/2022 08/04/22 | Price Changed | $1,350,000 | -6.9% | $551 / Sq Ft | |
| 06/20/2022 06/20/22 | Price Changed | $1,450,000 | -3.3% | $592 / Sq Ft | |
| 05/31/2022 05/31/22 | For Sale | $1,500,000 | +60.4% | $612 / Sq Ft | |
| 02/12/2021 02/12/21 | Sold | $935,000 | -1.6% | $193 / Sq Ft | View Prior Sale |
| 02/08/2021 02/08/21 | For Sale | $950,000 | 0.0% | $196 / Sq Ft | |
| 02/08/2021 02/08/21 | Price Changed | $950,000 | 0.0% | $196 / Sq Ft | |
| 12/29/2020 12/29/20 | Pending | -- | -- | -- | |
| 12/12/2020 12/12/20 | For Sale | $950,000 | -- | $196 / 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 | $5,422 | $58,928 | -- | -- |
| 2024 | $6,148 | $56,122 | -- | -- |
| 2023 | $6,148 | $93,918 | $18,777 | $75,141 |
| 2022 | $6,165 | $66,619 | $13,324 | $53,295 |
| 2021 | $6,242 | $58,176 | $11,628 | $46,548 |
| 2020 | $6,088 | $55,884 | $11,172 | $44,712 |
| 2019 | $6,119 | $56,844 | $11,364 | $45,480 |
| 2018 | $5,898 | $50,856 | $10,164 | $40,692 |
| 2017 | $5,882 | $56,196 | $11,232 | $44,964 |
| 2016 | $5,774 | $53,004 | $10,596 | $42,408 |
| 2015 | $5,351 | $58,830 | $11,761 | $47,069 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Markov
-
Rachel Reid
R
Buyer's Agent in 2022
Rachel Reid
Realty One Group
(480) 443-7400
9 in this area
47 Total Sales
-
N
Buyer's Agent in 2021
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6410742
APN: 165-01-009
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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