2838 E Le Marche Ave Phoenix, AZ 85032
Paradise Valley NeighborhoodEstimated payment $4,021/month
Highlights
- Heated Community Pool
- Community Playground
- Ceiling Fan
- Cooling Available
- Community Barbecue Grill
- 5-minute walk to Palomino Park
About This Home
Investor's Delight for CASH FLOW! All units rented, 2br/2ba each for 3 Units with inside laundry. Unit 103 is a 1.5ba. Ideal location to schools close by, Loop 101 and 51, Desert Ridge, Scottsdale & Downtown Phoenix, DRIVE BY ONLY, DO NOT DISTURB TENANTS. There are 4 Leased Units that are each 2 Bedrooms. Average Rent is $1,467 per Unit., totaling $$5,866 Gross Rent/monthly..
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,370
Year Built
- Built in 1982
Home Design
- Wood Frame Construction
- Built-Up Roof
- Stucco
Interior Spaces
- Ceiling Fan
Flooring
- Carpet
- Vinyl
Parking
- 8 Parking Spaces
- Carport
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 214-39-046
Community Details
Overview
- 4 Units
- Building Dimensions are 5808
- Greenway Manor Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Community Playground
- Heated Community Pool
Building Details
- Operating Expense $9,703
- Gross Income $69,984
- Net Operating Income $61,651
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,370 | $13,760 | -- | -- |
| 2024 | $1,341 | $13,105 | -- | -- |
| 2023 | $1,341 | $38,970 | $7,790 | $31,180 |
| 2022 | $1,328 | $26,780 | $5,350 | $21,430 |
| 2021 | $1,331 | $22,920 | $4,580 | $18,340 |
| 2020 | $1,290 | $20,260 | $4,050 | $16,210 |
| 2019 | $1,292 | $17,920 | $3,580 | $14,340 |
| 2018 | $1,250 | $15,750 | $3,150 | $12,600 |
| 2017 | $1,198 | $14,870 | $2,970 | $11,900 |
| 2016 | $1,178 | $13,300 | $2,660 | $10,640 |
| 2015 | $1,091 | $12,500 | $2,500 | $10,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | For Sale | $700,000 | +35.9% | -- |
| 09/30/2021 09/30/21 | Sold | $515,000 | 0.0% | $142 / Sq Ft |
| 09/07/2021 09/07/21 | Pending | -- | -- | -- |
| 09/07/2021 09/07/21 | Off Market | $515,000 | -- | -- |
| 09/04/2021 09/04/21 | For Sale | $499,999 | 0.0% | $138 / Sq Ft |
| 08/08/2021 08/08/21 | Pending | -- | -- | -- |
| 08/01/2021 08/01/21 | For Sale | $499,999 | +72.7% | $138 / Sq Ft |
| 12/28/2018 12/28/18 | Sold | $289,600 | +0.2% | $80 / Sq Ft |
| 11/09/2018 11/09/18 | Price Changed | $289,000 | -3.3% | $80 / Sq Ft |
| 10/25/2018 10/25/18 | For Sale | $299,000 | +55.3% | $83 / Sq Ft |
| 09/12/2016 09/12/16 | Sold | $192,500 | +1.9% | $53 / Sq Ft |
| 08/11/2016 08/11/16 | Pending | -- | -- | -- |
| 07/13/2016 07/13/16 | For Sale | $189,000 | -- | $52 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $515,000 | Pioneer Title Agency Inc | |
| Interfamily Deed Transfer | -- | Premier Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $289,600 | First American Title Insuran | |
| Warranty Deed | $191,500 | Lawyers Title Of Arizona Inc | |
| Cash Sale Deed | $106,000 | First American Title Ins Co | |
| Cash Sale Deed | $119,500 | Old Republic Title Agency | |
| Trustee Deed | $310,000 | Old Republic Title Agency | |
| Quit Claim Deed | -- | Tsa Title Agency | |
| Warranty Deed | $380,000 | Tsa Title Agency | |
| Special Warranty Deed | $17,300,000 | -- | |
| Special Warranty Deed | $12,100,000 | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $386,250 | New Conventional | |
| Previous Owner | $200,200 | New Conventional | |
| Previous Owner | $217,200 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $188,030 | FHA | |
| Previous Owner | $304,000 | Purchase Money Mortgage | |
| Previous Owner | $13,125,000 | Commercial | |
| Previous Owner | $11,257,450 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6853924
APN: 214-39-046
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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