Seller's Agent in 2021
Greg Johnson
United Southwest Realty
(602) 717-5115
3 in this area
102 Total Sales
2849 E Grandview Rd Phoenix, AZ 85032
Paradise Valley Village NeighborhoodEstimated Value: $704,772 - $751,000
--
Bed
--
Bath
3,530
Sq Ft
$207/Sq Ft
Est. Value
Highlights
- Cooling Available
- Carpet
- Heating Available
About This Home
As of September 2021Newer Roof & A/C! New Doors; Dual Pane Windows; Bathrooms remodeled in 2010; Full Sized Washer/Dryer in Indoor Laundry in each unit! Copper Plumbing; Romex Wiring Large 2/1 units with ~882sf ea. Private Patios! No HOA; Seasoned Tenants paying below market rents; Median rents in area are $1050/mo. All tenants have been there between 3 - 10 yrs. Pro-Forma P&L: Rents $1050 * 4 units * 12 months = $50,400 / Insurance ($1382); Taxes ($1283) 2020 Final; Water, Sewer, Trash ($4560); Maintenance ($2000) estimate; House Lights; = Net Cash Flow $41,175.
Last Agent to Sell the Property
United Southwest Realty License #BR008487000 Listed on: 07/19/2021
Last Buyer's Agent
Susan McCall
Commercial Property Connect License #BR552939000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,283
Year Built
- Built in 1985
Lot Details
- 10,716
Home Design
- Composition Roof
- Stucco
Flooring
- Carpet
- Vinyl
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Assessor Parcel Number 214-31-031-K
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
Building Details
- Operating Expense $1,283
- Gross Income $48,000
- Net Operating Income $38,235
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 31, 2025
Sold by
Richards Elaine
Bought by
Castillo Fernando A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Outstanding Balance
$664,049
Interest Rate
6.72%
Mortgage Type
Seller Take Back
Estimated Equity
$65,394
Purchase Details
Listed on
Jul 19, 2021
Closed on
Sep 12, 2021
Sold by
True Freedom Achievers Llc
Bought by
Richards Elaine
Seller's Agent
Greg Johnson
United Southwest Realty
Buyer's Agent
Susan McCall
Commercial Property Connect
List Price
$650,000
Sold Price
$650,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$487,500
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 16, 2021
Sold by
Cohan Joseph W and Cohan Jacqueline G
Bought by
True Freedom Achievers Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 15, 2011
Sold by
Lopez Ezequiel J and Lopez Carol
Bought by
Cohan Joseph W and Cohan Jacqueline G
Purchase Details
Closed on
Jun 14, 2011
Sold by
Lopez Ventures Llc
Bought by
Lopez Ezequeil J and Lopez Carol
Purchase Details
Closed on
Aug 19, 2006
Sold by
Lopez Ezequiel J and Lopez Carol
Bought by
Lopez Ventures Llc
Purchase Details
Closed on
Jun 16, 2005
Sold by
Mrock & Associates Inc
Bought by
Lopez Ezequiel J and Lopez Carol
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
6.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 25, 2003
Sold by
Nawrocki Matt
Bought by
Mrock & Associates Inc
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
Maher Marc
Bought by
Nawrocki Matt
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 5, 2001
Sold by
Covaciu Benjamin
Bought by
Maher Marc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
7.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 6, 2000
Sold by
Weurding William J and Weurding Stephanie
Bought by
Covaciu Benjamin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,725
Interest Rate
8.34%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 2, 1995
Sold by
Weurding William J and Weurding Stephanie
Bought by
Weurding William J and Weurding Stephanie
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Castillo Fernando A | $720,000 | Pioneer Title Agency | |
| Richards Elaine | $650,000 | Chicago Title Agency | |
| True Freedom Achievers Llc | $535,000 | Chicago Title | |
| Cohan Joseph W | $49,000 | Lawyers Title Of Arizona Inc | |
| Lopez Ezequeil J | -- | Lawyers Title Of Arizona Inc | |
| Lopez Ventures Llc | -- | None Available | |
| Lopez Ezequiel J | $340,000 | -- | |
| Mrock & Associates Inc | -- | Capital Title Agency Inc | |
| Nawrocki Matt | $246,333 | Capital Title Agency Inc | |
| Maher Marc | $196,000 | First American Title | |
| Covaciu Benjamin | $155,500 | -- | |
| Weurding William J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Castillo Fernando A | $670,000 | |
| Previous Owner | Richards Elaine | $487,500 | |
| Previous Owner | True Freedom Achievers Llc | $413,000 | |
| Previous Owner | Lopez Ezequiel J | $272,000 | |
| Previous Owner | Nawrocki Matt | $184,749 | |
| Previous Owner | Maher Marc | $156,800 | |
| Previous Owner | Covaciu Benjamin | $147,725 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/15/2021 09/15/21 | Sold | $650,000 | 0.0% | $184 / Sq Ft |
| 07/19/2021 07/19/21 | For Sale | $650,000 | -- | $184 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,398 | $13,679 | -- | -- |
| 2024 | $1,333 | $13,027 | -- | -- |
| 2023 | $1,333 | $44,650 | $8,930 | $35,720 |
| 2022 | $1,320 | $31,380 | $6,270 | $25,110 |
| 2021 | $1,324 | $28,130 | $5,620 | $22,510 |
| 2020 | $1,283 | $24,670 | $4,930 | $19,740 |
| 2019 | $1,284 | $20,010 | $4,000 | $16,010 |
| 2018 | $1,242 | $19,350 | $3,870 | $15,480 |
| 2017 | $1,191 | $16,450 | $3,290 | $13,160 |
| 2016 | $1,171 | $20,350 | $4,070 | $16,280 |
| 2015 | $1,084 | $17,310 | $3,460 | $13,850 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Johnson
-
S
Buyer's Agent in 2021
Susan McCall
Commercial Property Connect
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6266641
APN: 214-31-031K
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.
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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