NOT LISTED FOR SALE

2502 E Grandview Rd Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $246,232 - $594,000

-- Bed
-- Bath
1,440 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 29, 2018

Last sale price $325,000 $226 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,359/month

2 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of May 2018

THREE INDIVIDUAL DUPLEX UNITS/BUILDINGS: ADDRESSES 2502,2508,2514 EACH UNITS HAS TWO APARTMENTS WITH TWO BEDROOMS AND ONE BATH 720 sf. EACH LOT MEASURES AROUND 7800 SQUARE FEET. THESE UNITS ARE IN FIX UP CONDITION WITH ONLY TWO CURRENTLY BEING RENTED OUT. THE OWNER INHERITED THE BUILDINGS AND THERE FOR WILL BE SOLD AS-IS WITH NO DISCLOSURES. THIS IS A GREAT INVESTMENT OPPORTUNITY WITH LARGE YARDS FOR EACH TENANT.

Last Agent to Sell the Property

Mark Busard

HomeSmart License #SA640192000 Listed on: 04/16/2018

HomeSmart

Last Buyer's Agent

Gad Nagar

Altair Realty LLC License #SA640798000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $405

Year Built

  • Built in 1962

Lot Details

  • 7,797

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • On-Street Parking

Schools

  • Palomino Primary Elementary School
  • Greenway Middle School
  • North Canyon High School

Utilities

  • Evaporated cooling system
  • Heating Available

Additional Features

  • Ceramic Tile Flooring
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water
  • Tax Lot 1
  • Assessor Parcel Number 214-27-029

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Building Dimensions are 7785
  • Lookout Mountain Vista Subdivision

Building Details

  • Operating Expense $3,205

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$405

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: CAVE CREEK ADD BELL ROAD
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Other (See Remarks)
  • Year Built: 1962
  • Tax Year: 2017
  • Directions: South on Cave Creek, East on Grandview, go east to property, n.e. corner 25th St and Grandview.
  • Road Surface Type: Sidewalk(s)
  • Subdivision Name: LOOKOUT MOUNTAIN VISTA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), Add'l Parking Avail, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling, Individual
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Palomino Primary School
  • High School: North Canyon High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Greenway Middle School

Lot Info

  • Lot Size: 7785
  • Additional Parcels: Yes
  • Parcel #: 214-27-029

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 6
  • Insurance Expense: 2400.0
  • Annual Operating Expense: 3205.0

Tax Info

  • Tax Annual Amount: 405.0
  • Tax Book Number: 214.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
May 22, 2018
Sold by
Moulton Brian and Moulton Dawn
Bought by
Netzach Investments Llc
Seller's Agent
Mark Busard
HomeSmart
Buyer's Agent
Gad Nagar
Altair Realty LLC
List Price
$339,000
Sold Price
$325,000
Premium/Discount to List
-$14,000
-4.13%
Current Estimated Value
$437,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,558
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
Jun 9, 2015
Sold by
Losordo Mark
Bought by
Losordo Mark
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Netzach Investments Llc $325,000 Wfg National Title Insurance
Losordo Mark -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2018 05/29/18 Sold $325,000 -4.1% $226 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $339,000 -- $235 / 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 $463 $4,656 -- --
2024 $454 $4,435 -- --
2023 $454 $15,520 $3,030 $12,490
2022 $449 $10,500 $2,050 $8,450
2021 $451 $9,630 $1,880 $7,750
2020 $437 $8,490 $1,660 $6,830
2019 $437 $7,200 $1,400 $5,800
2018 $423 $6,970 $1,360 $5,610
2017 $405 $5,370 $1,050 $4,320
2016 $399 $6,410 $1,250 $5,160
2015 $369 $5,550 $1,080 $4,470
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mark Busard

    HomeSmart

    Section Image

  • G

    Buyer's Agent in 2018

    Gad Nagar

    Altair Realty LLC

    4 in this area

    25 Total Sales

    Gad Nagar
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5752384

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-27-029

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2502 E Grandview Rd, Phoenix, AZ

This home is located at 2502 E Grandview Rd, Phoenix, AZ 85032 since 16 April 2018 and is currently estimated at $437,558, approximately $303 per square foot. This property was built in 1962. 2502 E Grandview Rd is a home located in Maricopa County with nearby schools including Palomino Primary School, Palomino Intermediate School, and Greenway Middle 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

Nearby Homes