NOT LISTED FOR SALE

Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $670,000 - $842,000

Studio
-- Bath
3,168 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 19, 2012

Last sale price $70,000 $22 Per Sq Ft

Est. 980% increase in value since last sale

Current estimated payment $4,019/month

20 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available

About This Home

As of December 2012

Short Sale. Please note there is a $10,000 HOA transfer fee along with a $200 HOA payment.

Last Agent to Sell the Property

Kim Schubert

HomeSmart License #SA635763000 Listed on: 08/14/2012

HomeSmart

Last Buyer's Agent

Kim Bair

HomeSmart License #SA635763000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,014

Year Built

  • Built in 1983

Lot Details

  • 3,572

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Palomino Primary Elementary School
  • Palomino Intermediate School
  • Paradise Valley High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 111
  • Assessor Parcel Number 214-26-118

Community Details

Overview

  • 4 Units
  • Building Dimensions are .08 acre

Building Details

  • Operating Expense $1,014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,014

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Cave Creek and Bell Rd
  • Property Type: Multiple Dwellings
  • Zoning: Mutli
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2011
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Elementary School: Palomino Primary School
  • High School: Paradise Valley High School
  • Middle Or Junior School: Palomino Intermediate School

Lot Info

  • Lot Size: .08 acre
  • Additional Parcels: No
  • Parcel #: 214-26-118

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Water, Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1014.0

Tax Info

  • Tax Annual Amount: 1014.0
  • Tax Book Number: 214.00
  • Tax Lot: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2015
Sold by
16802 N 26Th Street #104 Llc
Bought by
Northview Star Llc
Current Estimated Value
$756,000

Purchase Details

Closed on
Jun 12, 2013
Sold by
Galarneau Penny S
Bought by
16802 N 26Th Street Number 111 Llc

Purchase Details

Listed on
Aug 14, 2012
Closed on
Nov 30, 2012
Sold by
Chen Alex T
Bought by
Galarneau Penny
Seller's Agent
Kim Schubert
HomeSmart
Buyer's Agent
Kim Schubert
HomeSmart
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.95%

Purchase Details

Closed on
Oct 20, 2010
Sold by
Chen Alex T
Bought by
Shorebird Indy Llc

Purchase Details

Closed on
Aug 2, 2006
Sold by
Northview Estates Acquisition Llc
Bought by
Chen Alex T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,900
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 9, 2005
Sold by
Flores Jeffery R and Flores Kathleen D
Bought by
Northview Estates Acquisition Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,611,000
Interest Rate
5.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Northview Star Llc $3,072,000 American Title Svc Agency Ll
16802 N 26Th Street #104 Llc -- American Title Svc Agency Ll
16802 N 26Th Street Number 111 Llc -- None Available
Galarneau Penny $70,000 First American Title Ins Co
Chen Alex T -- First American Title Ins Co
Chen Alex T -- First American Title Ins Co
Shorebird Indy Llc -- None Available
Chen Alex T $379,900 Capital Title Agency Inc
Northview Estates Acquisition Llc $5,040,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Alex T $303,900
Previous Owner Northview Estates Acquisition Llc $2,611,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2012 12/19/12 Sold $70,000 0.0% $22 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $70,000 -- $22 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $781 $7,641 -- --
2024 $745 $7,277 -- --
2023 $745 $51,780 $10,350 $41,430
2022 $737 $41,300 $8,260 $33,040
2021 $739 $36,750 $7,350 $29,400
2020 $716 $26,360 $5,270 $21,090
2019 $717 $22,400 $4,480 $17,920
2018 $694 $16,480 $3,290 $13,190
2017 $665 $9,970 $1,990 $7,980
2016 $654 $9,610 $1,920 $7,690
2015 $606 $7,770 $1,550 $6,220
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kim Schubert

    HomeSmart

    Section Image

  • K

    Buyer's Agent in 2012

    Kim Bair

    HomeSmart

See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4803724

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-26-118

Arizona Maricopa County Phoenix 85032

Paradise Valley Village

Not Listed for Sale

MultiFamily

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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