NOT LISTED FOR SALE

2943 E Granada Rd Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $454,000 - $1,230,000

-- Bed
6 Baths
2,889 Sq Ft
$308/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $650,000 $225 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,500/month

16 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • The Creighton Academy Rated 9+

About This Home

As of June 2020

This is a great investment opportunity. Property is located close to freeways, downtown phoenix, dining, shopping and entertainment. Property features a 3 bedroom 2bathroom home and four units with 2bedrooms and 1 bathroom. All units including the home are in GREAT condition & 100% occupied. Please do not disturb tenants

Last Agent to Sell the Property

Jacob Chapman

Realty85 License #BR583358000 Listed on: 01/23/2020

Last Buyer's Agent

Trevor Hardy

ABI Multifamily License #SA649352000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,147

Year Built

  • Built in 1955

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 12 Open Parking Spaces
  • 18 Parking Spaces
  • 6 Covered Spaces
  • Paved Parking

Schools

  • Creighton Elementary School
  • Ingleside Middle School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 12
  • Assessor Parcel Number 120-27-022

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Building Dimensions are 15072

Building Details

  • Operating Expense $2,147

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,147

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 32nd & McDowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2019
  • Directions: Go West on McDowell Rd to 31st St. then North to Granada Rd. and West to Property
  • Road Surface Type: Asphalt
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Paved, Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 18.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 18.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • 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

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: 15072
  • Additional Parcels: No
  • Parcel #: 120-27-022

Multi Family

  • Owner Pays: Other, Trash Collection, Water, Sewer
  • Number Of Units Total: 5
  • Annual Operating Expense: 2147.0

Tax Info

  • Tax Annual Amount: 2147.0
  • Tax Book Number: 120.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Jun 23, 2020
Sold by
High Desert Lodge Inc
Bought by
Shulman Re Llc
Seller's Agent
Jacob Chapman
Realty85
Buyer's Agent
Trevor Hardy
ABI Multifamily
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Current Estimated Value
$780,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,370
Avg. Annual Appreciation
6.36%

Purchase Details

Listed on
Nov 17, 2017
Closed on
May 8, 2018
Sold by
Villalobos Armando and Villalobos Maria De Jesus
Bought by
High Desert Lodge Inc
Seller's Agent
Suseth Sanudo
A.Z. & Associates
Buyer's Agent
Jacob Chapman
Realty85
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.74%
Original Mortgage
$285,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2002
Sold by
Agosto Ismael and Agosto Ramona
Bought by
Villalobos Armando and Villalobos Maria De Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 30, 1978
Sold by
Allan John and Allan Eleanor
Bought by
Manguso Joseph and Manguso Janet P
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
Shulman Re Llc $650,000 First American Title Ins Co
High Desert Lodge Inc $485,000 Driggs Title Agency Inc
Villalobos Armando $165,000 Arizona Title Agency Inc
Manguso Joseph -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner High Desert Lodge Inc $285,000
Previous Owner Villalobos Armando $170,000
Previous Owner Villalobos Armando $170,000
Previous Owner Villalobos Armando $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $650,000 -3.7% $225 / Sq Ft
02/13/2020 02/13/20 For Sale $675,000 0.0% $234 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $675,000 +39.2% $234 / Sq Ft
05/10/2018 05/10/18 Sold $485,000 -2.0% $168 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
11/17/2017 11/17/17 For Sale $495,000 -- $171 / 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 $2,278 $17,521 -- --
2024 $2,252 $16,687 -- --
2023 $2,252 $73,500 $14,700 $58,800
2022 $2,163 $53,480 $10,690 $42,790
2021 $2,216 $45,350 $9,070 $36,280
2020 $2,162 $37,800 $7,560 $30,240
2019 $2,147 $30,220 $6,040 $24,180
2018 $2,103 $25,030 $5,000 $20,030
2017 $2,021 $24,420 $4,880 $19,540
2016 $1,943 $20,860 $4,170 $16,690
2015 $1,808 $18,380 $3,670 $14,710
Source: Public Records

Agents Affiliated with this Home

  • Jacob Chapman

    Seller's Agent in 2020

    Jacob Chapman

    Realty85

    (602) 502-3008

    9 in this area

    122 Total Sales

    Section Image

  • T

    Buyer's Agent in 2020

    Trevor Hardy

    ABI Multifamily

  • S

    Seller's Agent in 2018

    Suseth Sanudo

    A.Z. & Associates Real Estate Group

  • Ruben Luna

    Seller Co-Listing Agent in 2018

    Ruben Luna

    eXp Realty

    (602) 726-4215

    19 in this area

    1,741 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6031029

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-27-022

Arizona Maricopa County Phoenix 85008 Camelback East Village

2943 E Granada Rd, Phoenix, AZ

This home is located at 2943 E Granada Rd, Phoenix, AZ 85008 since 23 January 2020 and is currently estimated at $890,006, approximately $308 per square foot. This property was built in 1955. 2943 E Granada Rd is a home located in Maricopa County with nearby schools including The Creighton Academy, Camelback High School, and Phoenix Coding Academy.

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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