$3,100,000
$212K PRICE DROP

3027 E Grandview Rd Unit 1 Phoenix, AZ 85032

Paradise Valley Village Neighborhood

Estimated payment $16,346/month

Total Views 3,209
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heat Pump System
  • Paradise Valley High School Rated A

About This Home

The Grandview Portfolio is a 16-unit, garden-style community built in 1984 with solid block construction. Comprised of four fully condo-mapped, single-story buildings on individual parcels, the property offers flexible exit strategies. Each spacious 2-bed/1-bath unit (approx. 900 SF) features private fenced patios, full-size appliances, large picture windows, washer/dryer hookups, and covered entries. The site includes 24 covered parking spaces, pitched roofs, mature landscaping, copper plumbing, individual electric metering, and recently installed sewer clean-outs. Ideally located near 32nd Street and Bell Road, the property offers excellent access to SR-51, Loop 101, and nearby retail, dining, and employment hubs—making it a strong investment in a high-demand North Phoenix submarket.

Listing Agent

Andrew Arambula

ABI Multifamily License #SA688881000 Listed on: 06/12/2025

Co-Listing Agent

Bryce Neagle

ABI Multifamily License #SA692871000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $482

Year Built

  • Built in 1984

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 32 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Ceramic Tile Flooring
  • Additional Parcels

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 214-31-270

Community Details

Overview

  • 4 Buildings
  • 16 Units
  • Building Dimensions are multiple parcels
  • Grandview North Condominium Units 1 4 Bldgs A D Subdivision

Building Details

  • Operating Expense $482
  • Gross Income $268,000
  • Net Operating Income $213,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$482

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2024
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: GRANDVIEW NORTH CONDOMINIUM UNITS 1-4 BLDGS A-D
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 24.0
  • Parking Features: >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 32.0
  • General Property Description:Covered Parking Spcs: 24.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 32.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central Air, Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: multiple parcels
  • Additional Parcels: Yes
  • Parcel #: 214-31-270

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 16
  • Annual Gross Income: 268000.0
  • Property Net Operating Income: 213000.0
  • Annual Operating Expense: 482.0

Tax Info

  • Tax Annual Amount: 482.0
  • Tax Book Number: 214.00
  • Tax Lot: 1

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $495 $4,840 -- --
2024 $472 $4,610 -- --
2023 $472 $15,610 $3,120 $12,490
2022 $467 $10,750 $2,150 $8,600
2021 $468 $8,330 $1,660 $6,670
2020 $454 $6,820 $1,360 $5,460
2019 $454 $6,010 $1,200 $4,810
2018 $440 $4,720 $940 $3,780
2017 $421 $4,610 $920 $3,690
2016 $414 $4,460 $890 $3,570
2015 $384 $3,280 $650 $2,630
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2025 10/28/25 Price Changed $3,100,000 -6.4% --
06/12/2025 06/12/25 For Sale $3,312,000 +163.7% --
03/10/2017 03/10/17 Sold $1,256,000 -1.8% $1,380 / Sq Ft View Prior Sale
01/23/2017 01/23/17 Pending -- -- --
12/13/2016 12/13/16 For Sale $1,279,000 -- $1,405 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,256,000 American Title Svc Agency Ll
Warranty Deed $525,000 Old Republic Title Agency
Warranty Deed $336,000 --
Trustee Deed -- Security Title Agency
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6879328

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-31-270

Arizona Maricopa County Phoenix 85032 Paradise Valley Village

3027 E Grandview Rd Unit 1, Phoenix, AZ

For Sale

MultiFamily

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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Andrew Arambula
Listing Agent
Andrew Arambula
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ABI Multifamily
(602) 513-5200