NOT LISTED FOR SALE

2408 Grand Ave Phoenix, AZ 85009

Encanto-Palmcroft Neighborhood

Estimated Value: $579,771

-- Bed
-- Bath
6,230 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $125,000 $20 Per Sq Ft

Est. 364% increase in value since last sale

Current estimated payment $3,547/month

41 Days on Market

Highlights

  • 0.49 Acre Lot
  • Concrete Flooring
  • Wood Fence
  • Maie Bartlett Heard Elementary School Rated 9+

About This Home

As of October 2012

Bank owned. All metal 3-bay former decorative iron shop with small fenced yard. Covered parking (4-spaces) in the yard. Heavier power. Buyer to verify. Restrooms in two of the bays. Two larger offices in the west bay. Needs some clean-up but the structure and metal walls look undamaged. Frontage on Grand with C-3 zoning. At $35 psf this won't last long.

Last Agent to Sell the Property

Randy Molander

Molander Commerical RE License #BR009344000 Listed on: 08/29/2012

Last Buyer's Agent

Dean Abraham

Berkshire Hathaway HomeServices Arizona Properties License #SA032561000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Property Type

  • Other

Year Built

  • Built in 1973

Lot Details

  • 0.49 Acre Lot
  • Wood Fence
  • Chain Link Fence
  • Property is zoned C-3

Home Design

  • Metal Roof
  • Metal Siding

Interior Spaces

  • 6,230 Sq Ft Home
  • Concrete Flooring

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 110-47-001-A

Property Details

Property Type

Other

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Bay Info Bay Door Height: 12.0
  • Current Use: Retail, Office, Warehouse
  • Number Of Buildings: 1
  • Year Built: 1973
  • Tax Year: 2011
  • Directions: Corner of 24th Ave and NW Grand
  • Lot Size Acres: 0.49
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Chain Link, Wood
  • Construction Type: Metal Siding
  • Roof: Metal
  • Construction:Metal: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C
  • Heating: Natural Gas
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 21344.0
  • Additional Parcels: No
  • Parcel #: 110-47-001-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Leasable Area: 6230.0

Tax Info

  • Tax Annual Amount: 8316.0
  • Tax Book Number: 110.00
  • Tax Lot: 5
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2013
Sold by
W I T Enterprises Inc
Bought by
Rom Vas Properties Inc
Current Estimated Value
$579,771

Purchase Details

Listed on
Aug 29, 2012
Closed on
Oct 12, 2012
Sold by
Sterling Savings Bank
Bought by
W I T Enterprises Inc
Seller's Agent
Randy Molander
Molander Commerical RE
Buyer's Agent
Dean Abraham
Berkshire Hathaway HomeServices Arizona Properties
List Price
$220,000
Sold Price
$125,000
Premium/Discount to List
-$95,000
-43.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%

Purchase Details

Closed on
May 30, 2012
Sold by
G G F Manufacturing Llc
Bought by
Sterling Saving Bank

Purchase Details

Closed on
Aug 27, 2007
Sold by
Fargotstein Llc
Bought by
G G F Manufacturing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,800
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2004
Sold by
Schoenberger Marie
Bought by
Fargotstein Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 1996
Sold by
Schoenberger Marie
Bought by
Schoenberger Marie and Donald R & Marie Schoenberger Revocable
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rom Vas Properties Inc $250,000 Empire West Title Agency
W I T Enterprises Inc $125 Chicago Title Agency Inc
Sterling Saving Bank $148,579 None Available
G G F Manufacturing Llc $515,000 Fidelity National Title
Fargotstein Llc $245,000 Lawyers Title Of Arizona Inc
Schoenberger Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner G G F Manufacturing Llc $437,800
Previous Owner Fargotstein Llc $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2012 10/26/12 Sold $125,000 -43.2% $20 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
08/29/2012 08/29/12 For Sale $220,000 -- $35 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,675 $41,152 -- --
2024 $5,790 $40,417 -- --
2023 $5,790 $55,080 $32,300 $22,780
2022 $5,749 $44,993 $24,010 $20,983
2021 $5,869 $45,918 $24,696 $21,222
2020 $5,936 $43,128 $22,032 $21,096
2019 $5,927 $41,076 $20,358 $20,718
2018 $5,826 $39,132 $18,846 $20,286
2017 $5,690 $32,688 $19,638 $13,050
2016 $5,527 $30,852 $18,360 $12,492
2015 $5,256 $29,212 $18,500 $10,712
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Randy Molander

    Molander Commerical RE

  • D

    Buyer's Agent in 2012

    Dean Abraham

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 505-6300

    3 Total Sales

    Dean Abraham
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4810929

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-47-001A

Arizona Maricopa County Phoenix 85009 Encanto-Palmcroft

2408 Grand Ave, Phoenix, AZ

This home is located at 2408 Grand Ave, Phoenix, AZ 85009 since 29 August 2012 and is currently estimated at $579,771, approximately $93 per square foot. This property was built in 1973. 2408 Grand Ave is a home located in Maricopa County with nearby schools including Maie Bartlett Heard Elementary School, Phoenix Coding Academy, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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