Seller's Agent in 2025
Andrew Arambula
ABI Multifamily
(602) 513-5200
51 Total Sales
3027 E Grandview Rd Unit 1 Phoenix, AZ 85032
Paradise Valley Neighborhood
--
Bed
--
Bath
910
Sq Ft
1984
Built
Highlights
- Ceramic Tile Flooring
- Central Air
- Heat Pump System
- Paradise Valley High School Rated A
About This Home
As of March 2017Offered at actual 6.00% CAP rate with current NOI. Adjust rents to market for a 7.0% CAP. Property consists of four separate single-level buildings
containing 16 two-bedroom/one-bath rental units of approximately 900
square feet situated on individual tax parcels (condo-mapped). Garden style buildings constructed with pitched
composition roofing and there are 24 covered parking spaces. Unit amenities include in-unit washer/dryer hook-ups, fenced private back patios, large picture windows, covered entries, contemporary floor-plans and full-size appliances. Units are individually metered for electricity and have copper plumbing. Sewer clean-outs have been installed. upside in rents without cap impro
Last Agent to Sell the Property
Scott Trevey
REI Marketing License #SA539099000 Listed on: 12/13/2016
Last Buyer's Agent
Jan Long
West USA Realty License #SA037234000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,624
Year Built
- Built in 1984
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 8 Open Parking Spaces
- 32 Parking Spaces
- 24 Covered Spaces
- Common or Shared Parking
Utilities
- Central Air
- Heat Pump System
Additional Features
- Ceramic Tile Flooring
- Additional Parcels
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer, landscaping
- Legal Lot and Block 1 / A
- 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 $54,101
- Gross Income $140,429
- Net Operating Income $86,160
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 13, 2016
Closed on
Mar 7, 2017
Sold by
Davis Warren W
Bought by
Stitch Sofia Llc
Seller's Agent
Scott Trevey
REI Marketing
Buyer's Agent
Jan Long
West USA Realty
List Price
$1,279,000
Sold Price
$1,256,000
Premium/Discount to List
-$23,000
-1.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.23%
Purchase Details
Closed on
Dec 23, 1998
Sold by
Sixteen Properties Llc
Bought by
Davis Warren W
Purchase Details
Closed on
Dec 18, 1995
Sold by
Spitz Livia S
Bought by
Sixteen Properties Llc
Purchase Details
Closed on
Apr 20, 1994
Sold by
Security Title Agency
Bought by
Spitz Heddy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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)
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 | $482 | $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
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2025
Bryce Neagle
ABI Multifamily
(602) 714-1400
26 Total Sales
-
S
Seller's Agent in 2017
Scott Trevey
REI Marketing
-
J
Buyer's Agent in 2017
Jan Long
West USA Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5536257
APN: 214-31-270
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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