1616 Paseo Way
Phoenix, AZ 85041
4 bd 3 ba 2,264 sqft Built 2023 Lot 6,372 sqft single_family
Most recent sale
$489,990
Jul 28, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 11, 2025 | Listing removed | $2,450 | ArizonaRegionalMLS |
| Dec 22, 2024 | Price changed for rent | $2,450 | Rent. |
| Dec 20, 2024 | Price changed for rent | $2,450 | TenantTurner |
| Dec 6, 2024 | Price changed for rent | $2,495 | Rent. |
| Dec 4, 2024 | Price changed for rent | $2,495 | TenantTurner |
| Nov 27, 2024 | Listed for rent | $2,600 | RentalBeast |
| Nov 23, 2024 | Listed for rent | $2,600 | Rent. |
| Nov 13, 2024 | Listed for rent | $2,600 | TenantTurner |
| Aug 25, 2023 | Listing removed | — | ArizonaRegionalMLS |
| Aug 15, 2023 | Listed | $489,990 | ArizonaRegionalMLS |
| Jul 28, 2023 | Sold | $489,990 | ArizonaRegionalMLS |
| Jun 20, 2023 | Price changed | $489,990 | ArizonaRegionalMLS |
| Jun 13, 2023 | Price changed | $509,990 | ArizonaRegionalMLS |
| Jun 9, 2023 | Listed | $512,990 | ArizonaRegionalMLS |
| Jun 6, 2023 | Listing removed | — | ArizonaRegionalMLS |
| Apr 14, 2023 | Listing removed | — | Lennar |
| Feb 27, 2023 | Listed | $499,990 | Lennar |
| Feb 27, 2023 | Listing removed | — | Lennar |
| Feb 11, 2023 | Listed | $499,990 | ArizonaRegionalMLS |
| Nov 2, 2022 | Price changed | $499,990 | Lennar |
| Jul 28, 2022 | Listed | $512,490 | Lennar |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | $1,890 | $1,890 | $183 |
Property facts
Year built
2023
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,264 sqft
Lot size
6,372 sqft
ZIP code
85041
City
Phoenix
Street
Paseo Way
Coordinates
33.36278, -112.09430
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,509
Gross rental yield
8.59%
Implied cap rate
5.59%
Trend-extrapolated value
—
Frequently asked questions
When did 1616 Paseo Way last sell?
1616 Paseo Way most recently sold on Jul 28, 2023 for $489,990.
What is the current tax assessment for 1616 Paseo Way?
The most recent total assessment for 1616 Paseo Way (year 2022) is $1,890 with $183 in property tax.
How does 1616 Paseo Way's assessment compare to its last sale price?
The current assessment is 99.6% below the last sale price of $489,990.
When was 1616 Paseo Way built?
1616 Paseo Way was built in 2023.
How does 1616 Paseo Way compare to others on Paseo Way?
We track 8 other properties on Paseo Way. Browse the list under "Other properties on Paseo Way" to compare beds, baths, and sale history.
What are the property facts for 1616 Paseo Way?
1616 Paseo Way is a 4 bed, 3 bath, 2,264 sqft, 6,372 sqft lot single_family.
Is 1616 Paseo Way a flip candidate?
No — 1616 Paseo Way does not appear in our flips dataset.
Is 1616 Paseo Way a tax-appeal candidate?
No — 1616 Paseo Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.5%
2026 Q3
$469.9K
2026 Q4
$468.1K
ZIP 85041 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Paseo Way