$180,000
Phoenix, AZ 85032
MLS# 5302354
Status: Closed
1 / 5
Property Description
It’s Palomino Point! Preferred unit mix! HOA covers water/sewer/trash and landscaping! Expenses are minimal here! Lots of upgrades and updates – this is the nicest one in Palomino! Check out the CAP rate on this beauty!!!Buyer to verify all items during the due diligence period.
Details
Maps
Documents
Contract Info
Ownership: Fee Simple
Current Price: $180,000
Sold Price: $180,000
Status: Closed
List Date: 2015-07-02
Location, Tax & Legal
Assessor's Map #: 39
Legal Description (Abbrev): GREENWAY MANOR MCR 233-47
Assessor's Parcel #: 76
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 103306
Taxes: 1153
Legal: GREENWAY MANOR MCR 233-47 governed by title commitment
Marketing Name: Palomino Point
Map Code/Grid: L35
House Number: 2802
Compass: E
Street Name: MARCONI
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 3780
County Code: Maricopa
Subdivision: GREENWAY MANOR LOT 1-72 TR A-E -
Assessor Number: 214-39-076
Tax Year: 2014
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 2
Lot Size Dimensions: irr
Total # of Units: 4
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Year Built: 1982
Zoning: multi
Legal Info
Range: 3E
Section: 2
Township: 3N
Lot Number: 48
Project Type
Four Plex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Foam: 1
Floors
Vinyl: 1
Wood: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Personal Property: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 1200
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 2000
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: Yes
Annual Ownr Asoc Fee: 6144
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 27930
Pmt & Rate Info
Cap Rate: 9.22
Down Payment: 0
Equity: 189000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Community Features
Pool: 1
Play Area: 1
Heating
Heat Pump: 1
Electric: 1
Individual: 1
Cooling
Electric: 1
Heat Pump: 1
Individual: 1
Exterior Amenities
Desert Landscaping: 1
Cable TV Available: 1
Patio/Balcony: 1
Interior Features
Unfurnished: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Water Source
City Franchise: 1
Other: 1
See Remarks: 1
Sewer
Sewer - Public: 1
Other: 1
Parking Features
1 Space/Unit: 1
Add'l Parking Avail: 1
Electric
APS: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Conventional: 1
No Carry: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Home Phn: 602-265-6617
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 450
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 600
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 800
# Baths: 3
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: VA
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 32nd Street/Greenway
Directions: East on Greenway to 29th Street, North to Complex on West side of road across from the school
Geo Lat: 33.631605
Geo Lon: -112.021964
Status Change Info
Off Market Date: 2015-08-01
Under Contract Date: 2015-07-31
Close of Escrow Date: 2015-09-17
Sold Price: $180,000
Income Expenses
Gross Annual Sch Inc: 29400
Net Operating Income: 17433
Property Features
Project Type: Four Plex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Foam
Floors: Vinyl; Wood; Ceramic Tile; Carpet
Sale Includes: Land & Building; Personal Property
Community Features: Pool; Play Area
Exterior Amenities: Desert Landscaping; Cable TV Available; Patio/Balcony
Interior Features: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; W/D Hookup
Heating: Individual; Heat Pump
Cooling: Electric; Heat Pump; Individual
Water Source: City Franchise; Other; See Remarks
Sewer: Sewer - Public; Other
Electric: APS; Individual Meter
Gas: None
Parking Features: 1 Space/Unit; Add'l Parking Avail
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner; Projected Proforma
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; No Carry
Environmental: None
HOA Disclosure/Addendum 
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: December - 16 - 2025
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