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Sold on 12/01/2020
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2445 E Waltann Ln, Phoenix, AZ 85032

$426,000

Last sold 12/01/2020 after 19 Days

  • 9

    bed

  • 7

    bath

Multi-family not for sale
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About 2445 E Waltann Ln

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Property description
Great property for either owner occupancy or as an investment. It's like owning 4 townhouses! Features include large & clean units with ceramic tile & carpeting, low exterior maintenance, private patios & storage units, & carports with additional parking. Upside on rents.. The 2 bedroom units are rented at $700, $775 and $850; (thye should all be rented no less than $950); & the 3 bedroom at $850 (should be no less than $1100) these numbers are based on identical neighboring complexes and what they are renting for. This property is offered below market value for quick sale. It is a really great location next to newer built apartments and townhomes.
Listed by
Listing Agent - Jacob Allen
Listing Office - Tradelands Realty
Source: ARMLS mls logo
MLS#6159668 • last updated 5 years ago
Movoto checked ARMLS for data 15 minutes ago
Overview
Cooling/AC Central Air
Heating Electric
MLS # 6159668
Type Multiple Dwellings
Status Closed
Property Tax 1239
Year Built 1984
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Disposal, Microwave, W/D Hookup
Exterior
Roof Tile
Construction Wood Frame, Painted, Stucco
Parking >1 Space Per Unit, On Street, Carport
# of Open Parking Spaces 3
# of Covered Spaces 7
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Greenley Place
Community Features Pool
Elementary School Palo Verde Elementary School
Elementary School District Paradise Valley Unified District
Middle School Greenway Middle School
High School District Paradise Valley Unified District
High School North Canyon High School
APN 214-40-199
Zoning 4 Plex
Directions S. On 25th St. To Waltann Lane. Property On SE Corner
Multifamily Details
Total # of Units 4
Expense: Operating 9099
Financial Data Source Owner
Expense: Maintenance 1800
Vacancy Allowance 0.05
Expense: Insurance 900
Net Operating Income 23590
Expense: Water/Sewer 3000
We are not permitted to show value estimates for this property.
  • Nov 2020
    Public Records
  • Nov 30, 2020 Sold
    $426,000
  • Nov 2020
    mls logo MLS # 6159668
  • Nov 30, 2020 Sold
    $426,000 (+6.5%)
  • Nov 13, 2020 Pending
    —
  • Nov 12, 2020 Listed
    $400,000 (+3.9%)
  • Feb 2006
    Public Records
  • Feb 17, 2006 Sold
    $385,000
  • Jun 2005
    Public Records
  • Jun 30, 2005 Sold
    $385,000 (+67.5%)
  • Jun 2002
    Public Records
  • Jun 21, 2002 Sold
    $229,900
  • Year Property taxes Tax assessment
  • 2024
    $1,315 +2.1%
    $41,630 -18.9%
  • 2023
    $1,287 +1.0%
    $51,330 +23.09%
  • 2022
    $1,274 -0.3%
    $41,700 +49.41%
  • 2021
    $1,278 +3.2%
    $27,910 +6.12%
  • 2020
    $1,239 -0.1%
    $26,300 +14.2%
  • 2019
    $1,240 +3.4%
    $23,030 +23.29%
  • 2018
    $1,199 +4.3%
    $18,680 +14.25%
  • 2017
    $1,150 +1.7%
    $16,350 +1.81%
  • 2016
    $1,131 +8.0%
    $16,060
  • 2015
    $1,047
    —
  • 2445 E Waltann Ln
    $426K
  • Paradise Valley Village
    $637K -1% y/y
  • 85032
    $451K +4% y/y
  • Phoenix
    $464K 0% y/y
No chart available
Statistics calculated by Movoto

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2/10
Palomino Primary School
public Grades PK, K-3
Paradise Valley Unified District
2/10
Palomino Intermediate School
public Grades 4-6
Paradise Valley Unified District
2/10
Greenway Middle School
public Grades 7-8
Paradise Valley Unified District
4/10
North Canyon High School
public Grades 8-12
Paradise Valley Unified District
Source: GreatSchools.org © 2026. All rights reserved.

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