NOT LISTED FOR SALE

2849 E Grandview Rd Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated Value: $669,000 - $735,000

Studio
-- Bath
3,530 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2021

Last sale price $650,000 $184 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,947 / mo

23 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Heating Available

About This Home

As of September 2021

Newer 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

Greg Johnson

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,283

Year Built

Built in 1985

Lot Details

10,716 Sq Ft Lot

Listing Details

  • Cross Street: Greenway Parkway & 32nd St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MF
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: K
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: See Remarks, Painted, Stucco
  • Roof: Composition
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • 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

Schools

  • Junior High Dist: Out of Area

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 214-31-031-K

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 48000.0
  • Property Net Operating Income: 38235.0
  • Annual Operating Expense: 1283.0

Tax Info

  • Tax Annual Amount: 1283.0
  • Tax Book Number: 214.00
  • Tax Lot: 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

Closed on
Jan 31, 2025
Sold by
Bought by
Current Estimated Value
$702,894

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
Interest Rate
0.0672%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 12, 2021
Sold by
Bought by
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
1.63%
Original Mortgage
$487,500
Interest Rate
0.027%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2021
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
$413,000
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 19, 2006
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
0.0675%
Mortgage Type
New Conventional

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
0.0575%
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
0.0575%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2001
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
$156,800
Interest Rate
0.0762%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2000
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
$147,725
Interest Rate
0.0834%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 1995
Sold by
Bought by
Source: Public Records
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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
$720,000 Pioneer Title Agency
$650,000 Chicago Title Agency
$535,000 Chicago Title
$49,000 Lawyers Title Of Arizona Inc
-- Lawyers Title Of Arizona Inc
-- None Available
$340,000 --
-- Capital Title Agency Inc
$246,333 Capital Title Agency Inc
$196,000 First American Title
$155,500 --
-- --
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 $670,000
Previous Owner $487,500
Previous Owner $413,000
Previous Owner $272,000
Previous Owner $184,749
Previous Owner $156,800
Previous Owner $147,725
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
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

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 $1,398 $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

    Seller's Agent in 2021

    Greg Johnson

    United Southwest Realty

    (602) 717-5115

    3 in this area

    84 Total Sales

    Greg Johnson
    Section Image

  • S

    Buyer's Agent in 2021

    Susan McCall

    Commercial Property Connect

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6266641

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-31-031K

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

2849 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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