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Phoenix 85050 Parque Village North
3035 E TOPEKA Drive
Photo of 3035 E TOPEKA Drive
Sold on Jul 24, 2024

49

Map

Photo of 3035 E TOPEKA Drive
Photo of 3035 E TOPEKA Drive
$505,000
● House - Off Market

3035 E TOPEKA Drive

Phoenix, AZ 85050
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,716 Ft²
$2,655
Est. Monthly

About This Property

Discover this charming 3-bedroom, 2-bath, two-story home in a desirable neighborhood with no HOA! The home features an RV gate and showcases recent upgrades including new windows and roof, both replaced in 2018! The home offers a spacious living room with a cozy fireplace and a well-appointed kitchen with a pantry and granite countertops. Two of the bedrooms boast walk-in closets, providing ample storage. Enjoy outdoor living on the covered back patio, which overlooks a low-maintenance yard with mature trees and shrubs, all enclosed by block fencing for added privacy. This home perfectly combines comfort and convenience in a serene setting!
Unit Size
1,716 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$297
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (ARMLS #6722220)

Price History

Date / Event Date Event Price
Jul 24, 2024 Sold
Premium
Sold
Jun 21, 2024 Listed by My Home Group Real Estate $509,999
Listed by My Home Group Real Estate
Jan 26, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,650
  • Total Building Area: 1,716
  • Gross Building Area: 1,716
  • Building Area: 1,716
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,716
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARQUE VILLAGE NORTH
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: PARQUE VILLAGE NORTH MCR 325-19

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 617002

Zoning

  • Zoning: M-L

Geography

  • Assessors Map Reference: 32519
  • Parcel: 213-16-372
  • Lot: 186
  • Meridian: SEC 26 TWN 4N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.6607
  • Longitude: -112.016

    Address

  • Full Address: 3035 E Topeka Dr
  • Address - House Number: 3035
  • Street Direction: E
  • Address - Street Name: Topeka
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C017
  • 4-Digit Zip Code: 2548
  • Zip Code: 85050

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $180,062
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.1278
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 85
  • Final Value: 495,011
  • High Value: 558,312
  • Low Value: 431,710

    Market Valuation

  • Market Total Value: $342,100
  • Market Land Value: $68,400
  • Market Improvement Value: $273,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,210
  • Assessed Land Value: $6,840
  • Assessed Improvements Value: $27,370

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 28, 2020
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 20200800345
  • Previous Sale Recording Date: Jan 26, 2018
  • Previous Sale Contract Date: Jan 26, 2018
  • Previous Sale Amount: $283,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Paradise Valley

Stats & Trends

Median Asking:

$700,000

Sale Price/ft²

$375

Below Asking

0.02%

Average Days on Market

71

Average Home Size

3063 ft²

Average Home Age

33.9 years

Currently For Sale

811 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3902 E Rosemonte Drive, Phoenix, AZ, 85050

$8,500 /mo

  • 3 Beds
  • 1,924 ft²
3902 E Rosemonte Drive, Phoenix, AZ, 85050 Listing by Ali Othman
Unit for rent at 20619 N 16th Way, Phoenix, AZ, 85024

$7,300 /mo

  • 4 Beds
  • 3 Baths
  • 2,417 ft²
20619 N 16th Way, Phoenix, AZ, 85024 Listing by Dina Beauvais
Unit for rent at 22220 N 36th Street, Phoenix, AZ, 85050

$9,800 /mo

  • 6 Beds
  • 5 Baths
  • 5,545 ft²
22220 N 36th Street, Phoenix, AZ, 85050 Listing by Agni Mitra

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: George Laughton, My Home Group Real Estate
Last Updated: 5 months ago
Data Source: ARMLS, MLS# 6722220
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 3035 East Topeka Drive built and last sold?
The property at 3035 East Topeka Drive was built in 1989 and last sold on Aug 21, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 3035 East Topeka Drive is $521,346.
What are some comparable homes to 3035 East Topeka Drive?
There are currently no comparable homes to 3035 East Topeka Drive.
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