NOT LISTED FOR SALE

2843 E Grandview Rd Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $460,762 - $683,000

8 Beds
4 Baths
880 Sq Ft
$670/Sq Ft Est. Value

Sale Details

Date Sold: January 27, 2012

Last sale price $137,500 $156 Per Sq Ft

Est. 329% increase in value since last sale

Current estimated payment $3,246 / mo

77 Days on Market

Highlights

  • Cooling Available
  • Painted or Stained Flooring
  • Heating Available

About This Home

As of January 2012

NOT a short sale OR REO. 100% occupied. Rents are as follows: Units 101 & 102 at $550/month & Units 103 & 104 at $600/month. All large 2 bed/1bath units (approx. 880ft2 each). Individually metered for electric. All units have washer and dryer hookups and private enclosed back yards. Buyer to verify all facts and figures.

Last Agent to Sell the Property

Jason Campagna

Orion Investment Real Estate License #SA543294000 Listed on: 09/14/2011

Last Buyer's Agent

Marla Wicks

DeLex Realty License #SA537509000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 10,542

Home Design

  • Composition Shingle Roof
  • Stucco

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Vinyl

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • The owner pays for landscaping, sewer, trash collection, water

Community Details

Overview

  • $1,656 per year Dock Fee
  • 4 Units
  • Building Dimensions are IRR

Building Details

  • Insurance Expense $1,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

10,542 Sq Ft Lot

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: F/S Oven/Range
  • Construction Finish: Painted, Stucco
  • Cross Street: Greenway Parkway & 32nd St
  • Floors: Carpet, Vinyl
  • Legal Info Range: 3E
  • Legal Info Section: 2
  • Legal Info Township: 3N
  • Roads Streets: Asphalt
  • Property Type: F
  • Hundred Block: 16475
  • Marketing Name: Turn-Key 4 Plex!
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 5.00
  • Map Code Grid: L35
  • Year Built: 1985
  • Tax Year: 2009
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roofing: Comp Shingle

Garage/Parking

  • Parking: 1 Space/Unit
  • Total Parking Spaces: 5.00

Utilities

  • Water: City Franchise
  • Electric: APS
  • Cooling: Electric
  • Heating: Electric

Condo/Co-op/Association

  • Community Amenities: No Pool

Lot Info

  • Lot Size: IRR

Multi Family

  • Income And Expenses Annual Elec Exp: 300.00
  • Income And Expenses Annual Ins Exp: 1000.00
  • Income And Expenses Annual Maint Exp: 2000.00
  • Income And Expenses Annual Trash Exp: 720.00
  • Income And Expenses Annual Water Sewer Exp: 2500.00
  • Income And Expenses Net Operating Income: 16664.00
  • Income And Expenses Operating Exp: 8176.00
  • Income And Expenses Vacancy Allowance: 0.10
  • Number Of Two Bedroom Units: 4
  • Owner Pays: Landscaping, Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electric
  • Total Numberof Buildings: 1
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Rent: 575.00
  • Two Bedroom Units Avg Sq Ft: 880
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 1656.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2011
Closed on
Dec 28, 2011
Sold by
Bought by
Seller's Agent
Jason Campagna
Orion Investment Real Estate
Buyer's Agent
Marla Wicks
DeLex Realty
List Price
$155,000
Sold Price
$137,500
Premium/Discount to List
-$17,500
-11.29%
Current Estimated Value
$589,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,441
Avg. Annual Appreciation
10.67%
Original Mortgage
$103,125
Outstanding Balance
$69,741
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$520,200

Purchase Details

Listed on
Sep 14, 2011
Closed on
Dec 12, 2011
Sold by
Bought by
Seller's Agent
Jason Campagna
Orion Investment Real Estate
Buyer's Agent
Marla Wicks
DeLex Realty
List Price
$155,000
Sold Price
$137,500
Premium/Discount to List
-$17,500
-11.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,125
Outstanding Balance
$69,741
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$520,200

Purchase Details

Closed on
Jul 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,749
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,749
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 27, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,650
Interest Rate
7.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$137,500 Great American Title Agency
-- Great American Title Agency
$115,000 Stewart Title & Trust Of Pho
$85,400 Stewart Title & Trust Of Pho
$340,000 --
-- Capital Title Agency Inc
$246,333 Capital Title Agency Inc
$230,000 First American Title Ins Co
-- --
$158,500 Stewart Title & Trust
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $103,125
Previous Owner $272,000
Previous Owner $184,749
Previous Owner $184,000
Previous Owner $142,650
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/27/2012 01/27/12 Sold $137,500 -11.3% $156 / Sq Ft
11/30/2011 11/30/11 Pending -- -- --
09/14/2011 09/14/11 For Sale $155,000 -- $176 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,396 $13,661 -- --
2024 $1,331 $13,011 -- --
2023 $1,331 $44,570 $8,910 $35,660
2022 $1,318 $31,320 $6,260 $25,060
2021 $1,322 $28,070 $5,610 $22,460
2020 $1,281 $24,620 $4,920 $19,700
2019 $1,283 $19,980 $3,990 $15,990
2018 $1,241 $19,320 $3,860 $15,460
2017 $1,189 $16,420 $3,280 $13,140
2016 $1,169 $20,310 $4,060 $16,250
2015 $1,083 $17,280 $3,450 $13,830
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jason Campagna

    Orion Investment Real Estate

  • M

    Buyer's Agent in 2012

    Marla Wicks

    DeLex Realty

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4646412

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-31-031H

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2843 E Grandview Rd, Phoenix, AZ

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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