NOT LISTED FOR SALE

2577 W Greenway Rd Phoenix, AZ 85023

North Central Phoenix Neighborhood

Estimated Value: $41,946,874

2 Beds
-- Bath
1,208 Sq Ft
$34,724/Sq Ft Est. Value

About This Home

**All-Inclusive Senior Living!**

3 Meals Per Day - Utilities Included - Wifi - Satellite - Housekeeping - Transportation - Washer/Dryer In Unit - Gated Community

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Discover the epitome of independent senior living at Park Terrace, North Phoenix's premier all-inclusive senior living community. Our spacious senior living apartments, ranging up to 1,200 square feet, offer modern amenities and thoughtful designs to suit your senior lifestyle.

Enjoy:
• One and two-bedroom floor plans tailored for senior living
• Fully equipped kitchens & combo washer/dryer in every senior living apartment
• Three chef-prepared meals daily
• Utilities, housekeeping, TV, and internet included for seamless senior living
• Vibrant activities and transportation perfect for senior living
• 17-acre campus with walking paths, pickleball, and heated pool
• Gated security for peace of mind in senior living

Located in Phoenix, conveniently off I-17 & Greenway, Park Terrace provides everything you need for a worry-free, active retirement—truly senior living at its best—all for one inclusive price!

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Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2014
Sold by
2577 West Greenway Llc
Bought by
Houda Ba Llc
Current Estimated Value
$41,946,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2013
Sold by
Wells Fargo Bank
Bought by
2577 West Greenway Llc

Purchase Details

Closed on
Jun 7, 2013
Sold by
Hhp Phoenix Llc
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 24, 2001
Sold by
Es Phoenix Llc
Bought by
Hhp Phoenix Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,126,467
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 1999
Sold by
Ihc Realty Partnership Lp
Bought by
Es Phoenix Llc

Purchase Details

Closed on
Aug 29, 1996
Sold by
Fsh Investment Corp
Bought by
Interstone Partners I Lp

Purchase Details

Closed on
Feb 14, 1995
Sold by
Fu Investment Co Ltd
Bought by
Fsh Investment Corp

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
Houda Ba Llc $5,500,000 Chicago Title Agency
2577 West Greenway Llc -- None Available
Wells Fargo Bank Na $6,000,000 None Available
Hhp Phoenix Llc $13,083,636 Chicago Title Insurance Co
Es Phoenix Llc -- First American Title
Interstone Partners I Lp $24,250,000 Chicago Title Insurance Co
Fsh Investment Corp -- Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houda Ba Llc $13,000,000
Closed Houda Ba Llc $1,500,000
Open Houda Ba Llc $130,000,000
Closed Houda Ba Llc --
Closed Houda Ba Llc $2,650,000
Closed Houda Ba Llc $2,700,000
Closed Houda Ba Llc $600,000
Previous Owner Hhp Phoenix Llc $18,900,000
Previous Owner Hhp Phoenix Llc $7,126,467
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $2,095 -- --
12/12/2024 12/12/24 Price Changed $2,095 -4.6% $4 / Sq Ft
05/31/2024 05/31/24 Price Changed $2,195 0.0% $4 / Sq Ft
05/31/2024 05/31/24 For Rent $2,195 +7.1% --
08/08/2023 08/08/23 For Rent $2,050 0.0% --
06/21/2023 06/21/23 For Rent $2,050 0.0% --
04/12/2023 04/12/23 Price Changed $2,050 -14.4% $4 / Sq Ft
04/12/2023 04/12/23 Price Changed $2,395 +14.3% $5 / Sq Ft
04/07/2023 04/07/23 For Rent $2,095 -- --

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 $188,450 $1,540,775 -- --
2024 $185,019 $1,467,405 -- --
2023 $185,019 $2,925,700 $659,120 $2,266,580
2022 $178,989 $2,616,200 $560,860 $2,055,340
2021 $181,291 $2,614,280 $560,860 $2,053,420
2020 $176,764 $2,535,370 $471,130 $2,064,240
2019 $173,538 $2,457,340 $424,450 $2,032,890
2018 $303,146 $2,572,380 $1,220,094 $1,352,286
2017 $264,251 $1,695,600 $568,323 $1,127,277
2016 $259,444 $1,695,600 $568,323 $1,127,277
2015 $246,946 $2,473,931 $652,495 $1,821,436
Source: Public Records

Map

Arizona Maricopa County Phoenix 85023 North Central Phoenix

2577 W Greenway Rd, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 2577 W Greenway Rd, Phoenix, AZ 85023 and is currently estimated at $41,946,874, approximately $34,724 per square foot. 2577 W Greenway Rd is a home located in Maricopa County with nearby schools including John Jacobs Elementary School, Mountain Sky Jr. High School, and Thunderbird 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.