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Sold on 02/13/2020

2827 E Kathleen Rd, Phoenix, AZ 85032

$380,000

Last sold 02/13/2020 after 34 Days

  • 8

    bed

  • 9

    bath

Multi-family not for sale
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About 2827 E Kathleen Rd

Property type Multi-family
Neighborhood
Year built 1982
HOA fee $0/month
Property description
This 4 plex investment opportunity is located in the North Phoenix community of Palomino Point. This building contains the preferred mix of 1 Bedroom/1 Bathroom, 2-2 Bedroom/2 Bathroom, and a 3 Bedroom/3 Bathroom unit. This is a Gated Community with private streets. Each unit has their own Washer and Dryer hook ups, Patio or Balcony, and 1 assigned covered parking space. The building is currently producing: $32,640 per annum. The HOA covers the Water, Sewer, Garbage, Common Area Maintenance, Pool and Street Maintenance. Room for Rent Increases. 2 units are Month to Month. 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 - Joseph C Hallatt
Listing Office - Cambridge Properties
Source: ARMLS mls logo
MLS#6022545 • last updated 1 year ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Central Air
Heating Electric
MLS # 6022545
Type Multiple Dwellings
Status Closed
Property Tax 1308
Year Built 1982
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Other, Disposal, Dishwasher, Washer/Dryer, W/D Hookup
Exterior
Roof Built-Up
Construction Wood Frame, Stucco
Parking Add'l Parking Avail, 1 Space/Unit
# of Covered Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision GREENWAY MANOR LOT 1-72 TR A-E
Community Features Other, See Remarks, Pool
Elementary School Palomino Primary School
Elementary School District Paradise Valley Unified District
Middle School Greenway Middle School
High School District Paradise Valley Unified District
High School Paradise Valley High School
APN 214-39-092
Zoning Multi-Family
Directions From Greenway And 29th St. Head North To Palomino Point Complex. Enter The Complex Heading West, Make The First Left Onto 28th Pl. Then Left On Kathleen To Bldg. 64 On Right. 2728 E. Kathleen Rd.
Multifamily Details
Total # of Units 4
Expense: Operating 14459.6
Financial Data Source Owner
Expense: Insurance 1700
Net Operating Income 19881
Gross Income 32640
Expense: Professional Management 2937.6
Gross Scheduled Income 32640
We are not permitted to show value estimates for this property.
  • Feb 2021
    mls logo MLS # 5685347
  • Feb 9, 2021 Sold
    $205,000 (-46.1%)
  • Feb 2020
    mls logo MLS # 6022545
  • Feb 13, 2020 Sold
    $380,000
  • Jan 10, 2020 Listed
    $385,000 (+90.1%)
  • Feb 2020
    Public Records
  • Feb 12, 2020 Sold
    $380,000 (-1.3%)
  • Jan 2018
    Public Records
  • Jan 5, 2018 Sold
    $202,500 (+124.8%)
  • May 2011
    mls logo MLS # 4565023
  • May 13, 2011 Sold
    $90,100 (+15.7%)
  • Apr 7, 2011 Listed
    $77,900 (-79.5%)
  • Nov 2005
    Public Records
  • Nov 29, 2005 Sold
    $380,000
  • Year Property taxes Tax assessment
  • 2024
    $1,387 +2.1%
    $44,730 -13.08%
  • 2023
    $1,358 +1.0%
    $51,460 +30.44%
  • 2022
    $1,344 -0.3%
    $39,450 +45.57%
  • 2021
    $1,348 +3.2%
    $27,100 +16.46%
  • 2020
    $1,306 -0.1%
    $23,270 +13.13%
  • 2019
    $1,308 +3.4%
    $20,570 +13.65%
  • 2018
    $1,265 +4.3%
    $18,100 +13.98%
  • 2017
    $1,213 +1.7%
    $15,880 +6.01%
  • 2016
    $1,192 +8.0%
    $14,980
  • 2015
    $1,104
    —
  • 2827 E Kathleen Rd
    $380K
  • 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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