NOT LISTED FOR SALE

2201 W Glenrosa Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $412,000 - $517,000

Studio
-- Bath
2,550 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $499,000 $196 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,495/month

6 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of August 2022

Three 2 bed /1 bath units with large private patios and outside storage, $1100/mo rent. Significantly higher rents/ cash flow than recent comps. Each unit is individually metered for electric. Three designated parking spots and additional parking available on the street. All 3 units have been freshly painted this year. One unit is vacant, which qualifies it for an owner occupant FHA loan with only 3.5% down. Seller willing to negotiate a 2/1 rate buydown to help lower borrower's initial monthly payments.

Last Agent to Sell the Property

Haydee Piurek

Key Select Real Estate License #SA650376000 Listed on: 07/19/2022

Last Buyer's Agent

Ivan Rivas

Pak Home Realty License #SA625330000

Pak Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1963

Lot Details

  • 8,276

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • On-Street Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 154-29-007-C

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8276

Building Details

  • Operating Expense $7,416
  • Gross Income $37,620
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,216

Year Built

Built in 1963

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Cross Street: Glenrosa and 27th Ave.
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: C
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • 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

  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 8276
  • Additional Parcels: No
  • Parcel #: 154-29-007-C

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 3
  • Annual Gross Income: 37620.0
  • Maintenance Expense: 5000.0
  • Property Net Operating Income: 36000.0
  • Annual Operating Expense: 7416.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1216.0
  • Tax Book Number: 154.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Aug 29, 2022
Sold by
Vernon Souki
Bought by
Colores Manuel Eduardo Espi and Benitez Kenya Merari
Seller's Agent
Haydee Piurek
Key Select Real Estate
Buyer's Agent
Ivan Rivas
Pak Home Realty
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$457,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,044
Avg. Annual Appreciation
-2.38%
Original Mortgage
$489,961
Outstanding Balance
$469,059
Interest Rate
5.51%
Mortgage Type
FHA
Estimated Equity
-$11,103

Purchase Details

Listed on
Mar 26, 2020
Closed on
Jul 9, 2020
Sold by
Galitz Berger Whitney and Galitz Heather Whitney
Bought by
Vernon Souki
Seller's Agent
Sophia Baron
Get Multifamily
Buyer's Agent
Haydee Piurek
Key Select Real Estate
List Price
$300,000
Sold Price
$280,000
Premium/Discount to List
-$20,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.16%

Purchase Details

Listed on
Jul 25, 2019
Closed on
Aug 9, 2019
Sold by
Berger David Edward James
Bought by
Berger Whitney Galitz
Seller's Agent
Michael D'Elena
RETSY
Buyer's Agent
Kyle Kinnaman
HomeSmart
List Price
$252,500
Sold Price
$242,500
Premium/Discount to List
-$10,000
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.17%
Original Mortgage
$143,700
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2018
Sold by
Simon Joshua A and Caldwell Alicia
Bought by
Pixivate Llc

Purchase Details

Listed on
Feb 22, 2018
Closed on
Jun 25, 2018
Sold by
On Site Community Centers Llc
Bought by
Simon Joshua A and Caldwell Alicia
Seller's Agent
Michael Hawkins
HomeSmart
Buyer's Agent
Michael D'Elena
RETSY
List Price
$230,000
Sold Price
$211,724
Premium/Discount to List
-$18,276
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$158,793
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2006
Sold by
Miceli Ken T
Bought by
On Site Builders Llc

Purchase Details

Closed on
Jun 14, 2006
Sold by
Goetz David and Goetz Jean
Bought by
Miceli Ken T

Purchase Details

Closed on
Oct 7, 2002
Sold by
Matejovsky Douglas J and Matejovsky Clara
Bought by
Goetz David and Goetz Jean

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
6.17%
Mortgage Type
New Conventional
Source: Public Records
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Colores Manuel Eduardo Espi $499,000 Driggs Title Agency
Vernon Souki $280,000 Old Republic Title Agency
Berger Whitney Galitz -- First American Title Ins Co
Berger Whitney Galitz $242,500 First American Title Ins Co
Pixivate Llc $211,725 None Available
Simon Joshua A $211,724 Old Republic Title Agency
On Site Builders Llc -- Chicago Title Insurance Co
Miceli Ken T $235,000 Chicago Title Insurance Co
Goetz David $123,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colores Manuel Eduardo Espi $489,961
Previous Owner Berger Whitney Galitz $143,700
Previous Owner Simon Joshua A $158,793
Previous Owner Goetz David $98,400
Closed Goetz David $12,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2022 08/29/22 Sold $499,000 0.0% $196 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $499,000 +78.2% $196 / Sq Ft
07/13/2020 07/13/20 Sold $280,000 -6.7% $110 / Sq Ft View Prior Sale
07/09/2020 07/09/20 For Sale $300,000 0.0% $118 / Sq Ft
07/09/2020 07/09/20 Price Changed $300,000 0.0% $118 / Sq Ft
03/26/2020 03/26/20 For Sale $300,000 +23.7% $118 / Sq Ft
09/17/2019 09/17/19 Sold $242,500 -4.0% $95 / Sq Ft View Prior Sale
08/08/2019 08/08/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $252,500 0.0% $99 / Sq Ft
07/28/2019 07/28/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $252,500 +19.3% $99 / Sq Ft
06/28/2018 06/28/18 Sold $211,724 -0.4% $83 / Sq Ft View Prior Sale
05/31/2018 05/31/18 Price Changed $212,475 -5.5% $83 / Sq Ft
05/15/2018 05/15/18 Price Changed $224,750 -2.3% $88 / Sq Ft
04/18/2018 04/18/18 For Sale $230,000 0.0% $90 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $230,000 -- $90 / Sq Ft
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 $1,341 $8,479 -- --
2024 $1,224 $8,075 -- --
2023 $1,224 $31,270 $6,250 $25,020
2022 $1,205 $22,760 $4,550 $18,210
2021 $1,216 $19,120 $3,820 $15,300
2020 $1,169 $16,670 $3,330 $13,340
2019 $1,155 $14,880 $2,970 $11,910
2018 $1,066 $12,730 $2,540 $10,190
2017 $1,053 $11,030 $2,200 $8,830
2016 $1,008 $9,100 $1,820 $7,280
Source: Public Records

Agents Affiliated with this Home

  • Haydee Piurek

    Seller's Agent in 2022

    Haydee Piurek

    Key Select Real Estate

    (480) 650-8887

    1 in this area

    17 Total Sales

    Haydee Piurek
    Section Image
  • Ivan Rivas

    Buyer's Agent in 2022

    Ivan Rivas

    Pak Home Realty

    (602) 332-6850

    4 in this area

    100 Total Sales

    Ivan Rivas
    Section Image
  • Sophia Baron

    Seller's Agent in 2020

    Sophia Baron

    Get Multifamily

    (480) 375-0227

    3 in this area

    74 Total Sales

    Sophia Baron
    Section Image
  • Joshua Willets

    Seller Co-Listing Agent in 2020

    Joshua Willets

    Grace CRE

    (561) 473-4477

    22 Total Sales

    Joshua Willets
    Section Image

  • H

    Buyer's Agent in 2020

    Haydee Sainz

    North & Co

  • Michael D'Elena

    Seller's Agent in 2019

    Michael D'Elena

    RETSY

    (602) 317-4761

    5 in this area

    161 Total Sales

    Michael D'Elena
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6436549

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-29-007C

Arizona Maricopa County Phoenix 85015 Alhambra

2201 W Glenrosa Ave, Phoenix, AZ

Not Listed 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.