Movoto Real Estate
Sold on 02/29/2020

2813 E Paradise Ln, Phoenix, AZ 85032

$387,000

Last sold 02/29/2020 after 15 Days

  • 8

    bed

  • 9

    bath

Multi-family not for sale

About 2813 E Paradise Ln

Property type Multi-family
Neighborhood
Year built 1982
HOA fee $0/month
Property description
Excellent North Phoenix Investment Opportunity located in the community of Palomino Point. This building contains the preferred mix of (ONE) 3 Bedroom/3 Bathroom, (TWO) 2 Bedroom/2 Bathroom and (ONE) 1 Bedroom/1 Bathroom units. Each unit has their own Washer and Dryer hookups, patio or balcony, and 1 assigned covered parking space. The HOA covers the water, sewer, garbage, common area maintenance, pool and street maintenance. Tenants pay electric/cable. Owner pays taxes & insurance. Below market rents allow for rent increases. 2 units are month to month and (ONE) 2 bed/2 bath is currently vacant allowing you to set market rent. Easy access to the 51 freeway, close to shopping, parks, and schools (Palomino School is across the street) DRIVE BY ONLY...DO NOT DISTURB TENANTS.
Listed by
Listing Agent - Ron Wilczek
Listing Office - Metro Phoenix Homes, LLC
Source: ARMLS mls logo
MLS#6037190 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Central Air
Heating Electric
MLS # 6037190
Type Multiple Dwellings
Status Closed
Property Tax 1310
Year Built 1982
Interior
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, W/D Hookup
Exterior
Roof Built-Up
Construction Wood Frame, Stucco
Parking 1 Space/Unit
# of Open Parking Spaces 4
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision Greenway Manor
Community Features Barbecue, Pool
Elementary School Palomino Primary School
Elementary School District Paradise Valley Unified District
Middle School Palomino Intermediate School
High School District Paradise Valley Unified District
High School Paradise Valley High School
APN 214-39-053
Zoning PAD-HD
Directions South On 29th St, West On LE MARCHE AVE, West To 28th Street (1ST Street Unmarked), North To Paradise Ln West To Property.
Multifamily Details
Total # of Units 4
Expense: Operating 10726
Financial Data Source Owner
Vacancy Allowance 0.02
Expense: Insurance 902
Net Operating Income 24189
Gross Income 34915.44
Gross Scheduled Income 35628
We are not permitted to show value estimates for this property.
  • Feb 2020
    mls logo MLS # 6037190
  • Feb 29, 2020 Sold
    $387,000
  • Feb 14, 2020 Listed
    $387,000 (+104.8%)
  • May 2016
    mls logo MLS # 5406451
  • May 11, 2016 Sold
    $189,000
  • Mar 1, 2016 Listed
    $189,000
  • Year Property taxes Tax assessment
  • 2024
    $1,388 +2.1%
    $44,800 -13.09%
  • 2023
    $1,359 +1.0%
    $51,550 +30.44%
  • 2022
    $1,346 -0.3%
    $39,520 +45.67%
  • 2021
    $1,350 +3.2%
    $27,130 +16.34%
  • 2020
    $1,308 -0.1%
    $23,320 +13.15%
  • 2019
    $1,310 +3.4%
    $20,610 +13.74%
  • 2018
    $1,267 +4.3%
    $18,120 +13.96%
  • 2017
    $1,214 +1.7%
    $15,900 +6.0%
  • 2016
    $1,194 +8.0%
    $15,000
  • 2015
    $1,106
  • 2813 E Paradise Ln
    $387K
  • Paradise Valley Village
    $625K -3% y/y
  • 85032
    $459K +6% y/y
  • Phoenix
    $469K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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