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Sold on 12/09/2019

3004 E Waltann Ln, Phoenix, AZ 85032

$660,000

Last sold 12/09/2019 after 189 Days

  • 10

    bed

  • 8

    bath

Multi-family not for sale
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About 3004 E Waltann Ln

Property type Multi-family
Neighborhood
Year built 1983
HOA fee $0/month
Property description
Paradise Park Estate is a fully rented 8 units in the heart of Phoenix. These apartments back up to a beautiful park. This property features 6 one bedroom one bath units and 2 two bedroom one bath units. Shared court yard for all units. All have central air and leased laundry equipment. Tenants pay for there own electric and owner has them for about 28 years. Rents have not been raised in years currently from 450-550. A great value add opportunity. Drive by only tenants are unaware of sale. All facts figures are approximate buyer verify mls information
Listed by
Listing Agent - Sophia J Willets
Listing Office - Grace CRE
Source: ARMLS mls logo
MLS#5934524 • last updated 5 months ago
Movoto checked ARMLS for data 4 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5934524
Type Multiple Dwellings
Status Closed
Property Tax 1908
Year Built 1983
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Dishwasher
Exterior
Roof Composition
Construction Wood Frame, Painted
Parking Free
# of Open Parking Spaces 12
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Public Sewer
Location
Subdivision PARADISE PARK ESTATES AMD LOT 30
Community Features No Pool
Elementary School District Phoenix Elementary District
High School District Phoenix Union High School District
APN 214-37-033
Zoning [R-3]
Directions North To Waltann, East Corner, ***Do Not Disturb Tenants**
Multifamily Details
Total # of Units 8
Expense: Operating 18459
Financial Data Source Projected Proforma
Expense: Maintenance 5000
Vacancy Allowance 0.05
Expense: Insurance 2368
Net Operating Income 47289
Gross Income 63840
Expense: Electric 1275
Expense: Other 1908
Expense: Trash 1000
Expense: Water/Sewer 4500
Gross Scheduled Income 66000
Expense: Gardener 500
Lot/ Land Details
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • Nov 2022
    mls logo MLS # 5934524
  • Nov 7, 2022 Sold
    $660,000 (-5.7%)
  • Nov 7, 2022 Price Change
    $699,900 (+6.0%)
  • Jun 3, 2019 Listed
    —
  • Dec 2019
    Public Records
  • Dec 10, 2019 Sold
    $660,000
  • Year Property taxes Tax assessment
  • 2024
    $2,092 +2.1%
    $85,270 -12.81%
  • 2023
    $2,048 +1.0%
    $97,800 +36.63%
  • 2022
    $2,027 -0.3%
    $71,580 +43.25%
  • 2021
    $2,033 +3.2%
    $49,970 +10.26%
  • 2020
    $1,970
    $45,320
  • 3004 E Waltann Ln
    $660K
  • 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
Paradise Valley High School
public Grades 7-12
Paradise Valley Unified District
Source: GreatSchools.org © 2026. All rights reserved.

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