2839 E Le Marche Ave Phoenix, AZ 85032
Paradise Valley NeighborhoodEstimated payment $4,144/month
Highlights
- Heated Community Pool
- Community Barbecue Grill
- Carpet
- Cooling Available
- Ceiling Fan
- 4-minute walk to Palomino Park
About This Home
All 2 Bed/2 Bath Units!! Don't miss this opportunity!! Value add 4plex in North Central Phoenix! New owner will achieve immediate income increase by doing a refresh of the interiors. 1982 constructed building with an incredible unit mix: All Two bed / 2 bath units! The residents love the huge interiors and in-unit full size washers & dryers. Tenants pay their individually metered electric / cable (no gas), while landlord just pays the HOA dues (includes: sewer, trash, common area maintenance and the pool). Each building in the community has 4 covered parking spaces and additional uncovered spaces.
HOA recently installed submeters for water billing direct to tenants!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,383
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
- 4 Covered Spaces
- Common or Shared Parking
- Assigned Parking
Schools
- Palomino Primary Elementary School
- Greenway Middle School
- Paradise Valley High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 15
- Assessor Parcel Number 214-39-043
Community Details
Overview
- 4 Units
- Building Dimensions are Irregular
- Greenway Manor Subdivision
Amenities
- Community Barbecue Grill
Recreation
- Heated Community Pool
Building Details
- Operating Expense $14,810
- Gross Income $55,916
- Net Operating Income $42,495
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 | $1,383 | $13,897 | -- | -- |
| 2024 | $1,354 | $13,235 | -- | -- |
| 2023 | $1,354 | $39,370 | $7,870 | $31,500 |
| 2022 | $1,341 | $27,050 | $5,410 | $21,640 |
| 2021 | $1,345 | $23,220 | $4,640 | $18,580 |
| 2020 | $1,303 | $20,520 | $4,100 | $16,420 |
| 2019 | $1,305 | $18,070 | $3,610 | $14,460 |
| 2018 | $1,262 | $15,860 | $3,170 | $12,690 |
| 2017 | $1,210 | $14,960 | $2,990 | $11,970 |
| 2016 | $1,190 | $13,430 | $2,680 | $10,750 |
| 2015 | $1,101 | $12,580 | $2,510 | $10,070 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2025 02/12/25 | Price Changed | $721,888 | -3.7% | -- |
| 01/14/2025 01/14/25 | For Sale | $750,000 | +97.4% | -- |
| 12/21/2020 12/21/20 | Sold | $379,900 | 0.0% | $105 / Sq Ft |
| 10/14/2020 10/14/20 | Pending | -- | -- | -- |
| 10/08/2020 10/08/20 | For Sale | $379,900 | -- | $105 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $367,400 | Security Title Agency Inc | |
| Trustee Deed | $106,003 | None Available | |
| 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 | $275,550 | New Conventional | |
| Previous Owner | $304,000 | New Conventional | |
| Previous Owner | $13,125,000 | Commercial | |
| Previous Owner | $11,257,450 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6804876
APN: 214-39-043
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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