$825,000
SOLD DEC 18, 2025
-- Bed
-- Bath
-- Sq Ft
1983 Built

Recently Sold

38% Below List Price

49 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Sunnyslope High School Rated A

About This Home

As of December 2025

This 14-unit garden-style apartment community, originally built in 1959 and 1983, offers a strong value-add opportunity through complete interior and exterior renovations. The property features a diverse unit mix consisting of four studios, nine one-bed/one-bath units, and one two-bed/one-bath unit. Currently boarded, tours are available by contacting the listing agents directly. Ideally situated near the I-17 freeway with convenient access to Loop 101 and SR-51, the property benefits from close proximity to the Metrocenter redevelopment, North Mountain Park, and a variety of popular retail and dining options including Costco and Cholla Restaurant.

Last Agent to Sell the Property

Andrew Arambula

ABI Multifamily License #SA688881000 Listed on: 09/18/2025

Co-Listed By

Tom Palestina

ABI Multifamily License #SA688331000

Last Buyer's Agent

Tom Palestina

ABI Multifamily License #SA688331000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 14 Open Parking Spaces
  • 14 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 12 Buildings
  • 14 Units
  • Building Dimensions are 159.23*145.92*125*109*21*196.74
  • Arbor Homes Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 12
  • Assessor Parcel Number 159-13-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 12
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2024
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: ARBOR HOMES
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 14.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 14.0

Utilities

  • Electric: None
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 159.23*145.92*125*109*21*196.74
  • Additional Parcels: No
  • Parcel #: 159-13-012

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 14

Tax Info

  • Tax Book Number: 159.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2025
Closed on
Dec 29, 2025
Sold by
Northern Office Properties Llc
Bought by
Ff Equity Llc
Seller's Agent
Andrew Arambula
ABI Multifamily
Buyer's Agent
Tom Palestina
ABI Multifamily
List Price
$1,325,000
Sold Price
$825,000
Premium/Discount to List
-$500,000
-37.74%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-59.93%
Original Mortgage
$1,230,000
Outstanding Balance
$1,230,000
Interest Rate
6.24%
Mortgage Type
Construction
Estimated Equity
-$490,742

Purchase Details

Closed on
Mar 2, 2007
Sold by
Crb 1 Llc
Bought by
Northern Office Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2005
Sold by
Treavor Lc
Bought by
Crb I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2003
Sold by
The Lily Group Llc
Bought by
Treavor Llc

Purchase Details

Closed on
Nov 1, 2000
Sold by
The Lily Group Llc
Bought by
Hansen Randal B and Hansen Danae L

Purchase Details

Closed on
Jan 15, 1997
Sold by
Peterson Warren R and Peterson Beverly M
Bought by
The Lily Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.85%
Mortgage Type
Assumption
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

Date Type Sale Price Title Company
Special Warranty Deed $825,000 Commonwealth Land Title
Warranty Deed $600,000 Arizona Title Agency Inc
Warranty Deed $512,550 Security Title Agency Inc
Trustee Deed $150,000 --
Quit Claim Deed -- --
Warranty Deed $228,188 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,230,000 Construction
Previous Owner $500,000 Commercial
Previous Owner $356,000 Commercial
Previous Owner $155,000 Assumption
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2025 12/18/25 Sold $825,000 -21.4% --
11/06/2025 11/06/25 Pending -- -- --
10/21/2025 10/21/25 Price Changed $1,050,000 -20.8% --
09/18/2025 09/18/25 For Sale $1,325,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 -- $36,302 -- --
2024 -- $34,573 -- --
2023 $0 $92,565 $43,965 $48,600
2022 $0 $81,795 $36,315 $45,480
2021 $0 $80,700 $36,315 $44,385
2020 $0 $78,405 $33,615 $44,790
2019 $0 $73,200 $30,285 $42,915
2018 $0 $40,800 $8,160 $32,640
2017 $0 $36,250 $7,250 $29,000
2016 $2,593 $28,950 $5,790 $23,160
2015 -- $34,490 $14,870 $19,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6921479

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-13-012