$430,000
SOLD APR 5, 2025
-- Bed
-- Bath
1,726 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$249 Per Sq Ft

4% Below List Price

9 Days on Market

Highlights

  • Cooling Available
  • Sunnyslope High School Rated A
  • Individual Controls for Heating

About This Home

As of April 2025

1519 W Desert Cove Ave offers a value-add investment opportunity within the desirable Sunnyslope Submarket. The property features three fully occupied units, including one 2-bedroom, 1-bathroom unit ($1,171/Mo), and two 1-bedroom, 1-bathroom units ($1,136/Mo & $1,146/Mo). All tenants are on month-to-month leases. Rents above include $71 monthly water reimbursement. This complex is conveniently located across the street from an 88-unit affordable housing project led by Commonwealth Development. Units are individually metered for electric and gas, with each unit charged $71/Mo for water/sewer. A great opportunity with significant upside potential!

Last Agent to Sell the Property

Carter Cohen

R.O.I. Properties License #SA708978000 Listed on: 02/12/2025

Last Buyer's Agent

Carter Cohen

R.O.I. Properties License #SA708978000 Listed on: 02/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $929

Year Built

  • Built in 1970

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 159-14-004-C

Community Details

Overview

  • 3 Units
  • Building Dimensions are 115 X 60
  • Desert Cove Extension Lots 5 12, 21, 24 28 Subdivision

Building Details

  • Operating Expense $929

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$929

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: N 15th Ave and W Desert Cove
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2024
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: DESERT COVE EXTENSION LOTS 5-12, 21, 24-28
  • Tax Parcel Letter: C
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Other, Painted, Block
  • Roof: Other, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Other, Paved
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: Other (See Remarks), APS
  • Cooling: Other, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: See Remarks, City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Association/Amenities

  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 115 X 60
  • Additional Parcels: No
  • Parcel #: 159-14-004-C

Multi Family

  • Owner Pays: See Remarks, Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 929.0

Tax Info

  • Tax Annual Amount: 929.0
  • Tax Book Number: 159.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Apr 7, 2025
Sold by
Galo One Llc
Bought by
1519 W Desert Cove Llc
Seller's Agent
Carter Cohen
R.O.I. Properties
Buyer's Agent
Aaron Gutierrez
R.O.I. Properties
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Total Days on Market
9
Current Estimated Value
$431,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,866
Avg. Annual Appreciation
1.54%
Original Mortgage
$301,000
Outstanding Balance
$301,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$131,040

Purchase Details

Listed on
Sep 12, 2018
Closed on
Sep 17, 2018
Sold by
T&J Investments Properties Llc
Bought by
Galo One Llc
Seller's Agent
Jonathan Pear
Success Property Brokers
Buyer's Agent
Jonathan Pear
Success Property Brokers
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%

Purchase Details

Closed on
Dec 14, 2017
Sold by
Miller Tony D and Miller Jane H
Bought by
T & J Investment Properties Llc

Purchase Details

Listed on
Apr 7, 2017
Closed on
Apr 21, 2017
Sold by
Moreci Antonino and Moreci Denise
Bought by
J & J Tailored Services Llc
Seller's Agent
Toni Artino
West USA Realty
Buyer's Agent
Jonathan Pear
Success Property Brokers
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%

Purchase Details

Closed on
Nov 18, 2003
Sold by
Kalina Loren D and Kalina Kim M
Bought by
Moreci Antonino and Moreci Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,300
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2002
Sold by
Englund William A
Bought by
Kalina Loren D and Kalina Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 1998
Sold by
Stovall Donovan and Stovall Clara L
Bought by
Englund William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,800
Interest Rate
7.15%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $430,000 Stewart Title & Trust Of Phoen
Warranty Deed $225,000 Pioneer Title Agency Inc
Quit Claim Deed -- None Available
Warranty Deed $180,000 Pioneer Title Agency Inc
Warranty Deed $141,100 Westland Title Agency Of Az
Warranty Deed $123,500 Capital Title Agency Inc
Warranty Deed $79,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $301,000 New Conventional
Previous Owner $79,300 Purchase Money Mortgage
Previous Owner $98,400 New Conventional
Previous Owner $43,800 Commercial
Closed $10,100 No Value Available
Closed $24,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Sold $430,000 0.0% $249 / Sq Ft
04/05/2025 04/05/25 Sold $430,000 -4.4% $249 / Sq Ft
02/24/2025 02/24/25 For Sale $450,000 0.0% $261 / Sq Ft
02/21/2025 02/21/25 Pending -- -- --
02/21/2025 02/21/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $450,000 +4.7% $261 / Sq Ft
02/12/2025 02/12/25 Off Market $430,000 -- --
01/27/2025 01/27/25 For Sale $450,000 0.0% $261 / Sq Ft
04/15/2022 04/15/22 Rented $1,059 -3.3% --
04/11/2022 04/11/22 Under Contract -- -- --
03/16/2022 03/16/22 For Rent $1,095 0.0% --
09/20/2018 09/20/18 Sold $225,000 0.0% $130 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $225,000 +25.0% $130 / Sq Ft
04/28/2017 04/28/17 Sold $180,000 -5.2% $104 / Sq Ft
04/07/2017 04/07/17 For Sale $189,900 -- $110 / 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 $929 $7,594 -- --
2024 $912 $7,232 -- --
2023 $912 $29,380 $5,870 $23,510
2022 $882 $20,720 $4,140 $16,580
2021 $894 $17,810 $3,560 $14,250
2020 $871 $15,870 $3,170 $12,700
2019 $855 $13,760 $2,750 $11,010
2018 $833 $11,470 $2,290 $9,180
2017 $829 $9,300 $1,860 $7,440
2016 $814 $8,650 $1,730 $6,920
2015 $754 $7,310 $1,460 $5,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6819664

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-14-004C