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Phoenix 85028 Star of Paradise
3702 E LAUREL Lane
Photo of 3702 E LAUREL Lane
Sold on Apr 11, 2025

31

Map

Photo of 3702 E LAUREL Lane
Photo of 3702 E LAUREL Lane
$610,000
● House - Off Market

3702 E LAUREL Lane

Phoenix, AZ 85028
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$3,251
Est. Monthly

About This Property

Fabulous home in a fabulous location...minutes from shopping and dining at the new PV mall re-development. Minutes away from hiking, golf, with Kierland/Scottsdale Quarter and the Biltmore are just short drives away! This stylish mid-century modern home offers lots to enjoy inside, outside, and in the area. The backyard is perfect for the summer days and nights with a sparkling pool, new no-maintenance grass, BBQ, and picnic area. Inside you will enjoy tile flooring and new carpet, a new kitchen with quartz counter tops, new cabinetry, back splash and extra cabinet space by dining. Bathrooms have been remodeled with the mid-century style. Great storage and space in the laundry room. Easy access to the 51 and 101 freeways to bring you all over the Valley easily.
Unit Size
1,680 Ft²
Days on Market
29 days
Land Size
0.16 acres
Price per sqft
$372
Property Type
House
Property Taxes
$182
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 months ago (ARMLS #6828900)

Price History

Date / Event Date Event Price
Apr 11, 2025 Sold
Premium
Sold
Mar 2, 2025 Listed by Real Broker $625,000
Listed by Real Broker
Jun 14, 2022 Sold
Premium
Sold
Mar 26, 2020 Sold
Premium
Sold
Mar 25, 2020 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 4
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 2
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 25
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,988
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STAR OF PARADISE 2 LOTS 109-123, 153-161
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: STAR OF PARADISE 2 LOTS 109-123, 153-161 MCR 98/16

Neighborhood

  • School District Name: Paradise Valley Unified District
  • Census Tract: 104900

Zoning

  • Zoning: R-8

Geography

  • Assessors Map Reference: 9816
  • Parcel: 166-50-129
  • Lot: 144
  • Meridian: SEC 24 TWN 3N RNG 3E
  • Municipality: PHOENIX
  • Latitude: 33.5955
  • Longitude: -112.002

    Address

  • Full Address: 3702 E Laurel Ln
  • Address - House Number: 3702
  • Street Direction: E
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Phoenix
  • Carrier Code: C071
  • 4-Digit Zip Code: 1422
  • Zip Code: 85028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $217,770
  • Tax Rate Code Area: 691300

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 566,169
  • High Value: 642,792
  • Low Value: 489,547

    Market Valuation

  • Market Total Value: $384,700
  • Market Land Value: $76,900
  • Market Improvement Value: $307,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,470
  • Assessed Land Value: $7,690
  • Assessed Improvements Value: $30,780

    Sales

  • Current Sale Contract Date: Jun 13, 2022
  • Current Sale Recording Date: Jun 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 498756
  • Previous Sale Recording Date: Mar 26, 2020
  • Previous Sale Contract Date: Mar 24, 2020
  • Previous Sale Amount: $350,000
  • 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

3076 ft²

Average Home Age

33.8 years

Currently For Sale

820 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 4002 E Alan Lane, Phoenix, AZ, 85028

$6,500 /mo

  • 3 Beds
  • 3 Baths
  • 2,662 ft²
4002 E Alan Lane, Phoenix, AZ, 85028 Listing by Mark A Sumstine
Unit for rent at 3040 E Shea Boulevard, Phoenix, AZ, 85028

$1,149 /mo

  • Studio
  • 1 Bath
  • 440 ft²
3040 E Shea Boulevard, Phoenix, AZ, 85028 Listing by Pete Tuccio
Unit for rent at 13440 N 44th Street, Phoenix, AZ, 85032

$1,550 /mo

  • 1 Bed
  • 1 Bath
  • 783 ft²
13440 N 44th Street #1W, Phoenix, AZ, 85032 Listing by Heather Troost

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Tracy van Ravensway, Real Broker
Last Updated: 2 months ago
Data Source: ARMLS, MLS# 6828900
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 3702 East Laurel Lane built and last sold?
The property at 3702 East Laurel Lane was built in 1963 and last sold on Jun 13, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 3702 East Laurel Lane is $606,528.
What are some comparable homes to 3702 East Laurel Lane?
There are currently no comparable homes to 3702 East Laurel Lane.
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