3015 E PARADISE Lane, Phoenix, AZ 85032
$3,525,000

Property Type: Multiple Dwellings Status: Closed
Current Price: $3,525,000 Last Modified: 6/12/2020
Overview
Description
Listing Details MLS# 5769191
Location, Tax & Legal
- Map Code/Grid
- L35
- House Number
- 3015
- Compass
- E
- Street Name
- PARADISE
- St Suffix
- Lane
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85032
- Zip4
- 8219
- Country
- US
- County Code
- Maricopa
- Subdivision
- KAY ACRES 3 LOTS 38-40, 42-45, 47-50
- Assessor Number
- 214-36-003-E
- Tax Year
- 2017
- Assessor's Map #
- 36
- Legal Description (Abbrev)
- KAY ACRES 3 LOT 28 W 149.78' OF E 449.34' EX N 30' RD
- Assessor's Parcel #
- 3
- Assessor Parcel Ltr
- E
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 103304
- Taxes
- 15281
- Legal
- KAY ACRES 3 LOT 28 W 149.78' OF E 449.34' EX N 30' RD
- Marketing Name
- Paradise Square Apartment
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- UNK
- Year Built
- 1985
- Uncvrd Parking Spcs
- 56
- Total # of Units
- 42
- # of Buildings
- 4
- Zoning
- R-3
- Elementary School District
- Paradise Valley Unified District
- High School District
- Paradise Valley Unified District
Remarks Misc
- Cross Street
- Paradise Lane and 32nd Street
- Directions
- West on Paradise to property on South Side of Street
Status Change Info
- Off Market Date
- 2018-06-28
- Under Contract Date
- 2018-06-27
- Close of Escrow Date
- 2018-08-24
Legal Info
- Township
- 3N
- Range
- 3E
- Section
- 2
- Lot Number
- 28
More Information
1 Bedroom Units
- # 1 Bedroom Units
- 2
- Avg Rent
- 650
- Avg SqFt
- 760
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 40
- Avg Rent
- 750
- Avg SqFt
- 820
- # Baths
- Yes
Sold Info
- Loan Type
- Conventional
- Payment Type
- Adjustable
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 25 - 50 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Stucco
- Yes
Roofing
- Composition
- Yes
Floors
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 0
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 0
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 0
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 15281
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 0
Pmt & Rate Info
- Down Payment
- 0
- Equity
- 3595000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- Pool
- Yes
Heating
- Electric
- Yes
Cooling
- Central Air
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- >1 Space Per Unit
- Yes
- Paved
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Gas
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Other (See Remarks)
- Yes
Existing 1st Loan
- Other (See Rmks)
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Other (See Remarks)
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Other (See Remarks)
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Other (See Remarks)
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- Other (See Remarks)
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type: 25 - 50 Units Construction: Block Const - Finish: Stucco Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: Pool Appliances Included: Free-Standing Range; Refrigerator Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: >1 Space Per Unit; Paved Road Surface Type: Asphalt Owner Pays: Water; Gas; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner Existing 1st Loan: Other (See Rmks) Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Other (See Remarks) Environmental: Other (See Remarks)

Listing Office: GPCI AZ
Last Updated: June - 12 - 2020
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