NOT LISTED FOR SALE

2230 W Glenrosa Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $344,000 - $617,218

-- Bed
-- Bath
1,210 Sq Ft
$427/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $577,000 $477 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,810/month

61 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of November 2021

PRICED TO SELL Completely remodel triplex with lots of upgrades, Great investment opportunity near GCU and businesses, Solid brick insulated building. Fully occupied, Separate laundry room that can be converted into coined laundry for extra income. New electric wiring, AC duct work, plumbing, sewer lines ,floors, designer paints inside out etc. very low maintenance required. Unit 3 is a very spacious has its own parking and storage, and tons of parking for the other units in front. A true gem priced to sell, send your offer NOW won't last!

Last Agent to Sell the Property

Joe Montalto

USELLSMART Real Estate License #BR637547000 Listed on: 08/28/2021

Last Buyer's Agent

Michael Swindle

My Home Group Real Estate License #SA663703000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $798

Year Built

  • Built in 1959

Lot Details

  • 6,098

Home Design

  • Composition Roof
  • Block Exterior
  • Siding

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • The owner pays for landscaping
  • Assessor Parcel Number 154-16-013-C

Community Details

Overview

  • 3 Units
  • Building Dimensions are 6098

Building Details

  • Operating Expense $10,498
  • Gross Income $54,150
  • Net Operating Income $40,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$798

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: GLENROSA AVE AND N 23RD AVE
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: MM
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2020
  • Directions: FROM GLENROSA AVE AND N 23RD AVE EAST ON GLENROSA AVE TO PROPERTY
  • Road Surface Type: Private Street
  • Professional Management Expense: 1500.0
  • Tax Parcel Letter: C
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile
  • Appliances: Other, Refrigerator
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

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

Fee Information

  • Annual Fuel Expense: 1800.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6098
  • Additional Parcels: No
  • Parcel #: 154-16-013-C

Multi Family

  • Owner Pays: See Remarks, Landscaping
  • Number Of Units Total: 3
  • Electric Expense: 3600.0
  • Annual Gross Income: 54150.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 40700.0
  • Annual Operating Expense: 10498.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 798.0
  • Tax Book Number: 154.00
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Nov 11, 2021
Sold by
Emma Investment Properties Llc
Bought by
Tabernus Investments Llc
Seller's Agent
Joe Montalto
USELLSMART Real Estate
Buyer's Agent
Michael Swindle
My Home Group Real Estate
List Price
$645,900
Sold Price
$577,000
Premium/Discount to List
-$68,900
-10.67%
Current Estimated Value
$517,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,945
Avg. Annual Appreciation
-2.66%

Purchase Details

Closed on
Jun 14, 2021
Sold by
Mtb Invest Llc
Bought by
Emma Investment 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
$225,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 16, 2021
Sold by
Heisler Curtis L and Heisler Cynthia L
Bought by
Mtb Invest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2003
Sold by
Heisler Curtis L
Bought by
Heisler Curtis L and Heisler Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,850
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Tabernus Investments Llc $567,000 Chicago Title Agency Inc
Emma Investment Properties Llc $282,500 Driggs Title Agency Inc
Mtb Invest Llc $205,000 Clear Title Agency Of Az
Heisler Curtis L -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mtb Invest Llc $225,000
Previous Owner Mtb Invest Llc $40,000
Previous Owner Heisler Curtis L $61,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $577,000 -8.0% $477 / Sq Ft
11/13/2021 11/13/21 Price Changed $626,900 0.0% $518 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/23/2021 10/23/21 Price Changed $626,900 -0.5% $518 / Sq Ft
10/14/2021 10/14/21 Price Changed $629,900 -0.6% $521 / Sq Ft
10/10/2021 10/10/21 Price Changed $633,900 -0.5% $524 / Sq Ft
10/06/2021 10/06/21 Price Changed $636,900 -0.5% $526 / Sq Ft
10/01/2021 10/01/21 Price Changed $639,900 -0.5% $529 / Sq Ft
09/22/2021 09/22/21 Price Changed $642,900 -0.5% $531 / Sq Ft
09/22/2021 09/22/21 For Sale $645,900 0.0% $534 / Sq Ft
09/22/2021 09/22/21 Price Changed $645,900 0.0% $534 / Sq Ft
08/31/2021 08/31/21 Price Changed $645,900 -0.5% $534 / Sq Ft
08/28/2021 08/28/21 For Sale $649,000 -- $536 / 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 $832 $5,790 -- --
2024 $836 $5,514 -- --
2023 $836 $19,460 $3,890 $15,570
2022 $823 $14,110 $2,820 $11,290
2021 $830 $12,200 $2,440 $9,760
2020 $798 $10,230 $2,040 $8,190
2019 $789 $8,930 $1,780 $7,150
2018 $728 $7,160 $1,430 $5,730
2017 $719 $6,930 $1,380 $5,550
2016 $689 $5,720 $1,140 $4,580
2015 $652 $4,180 $830 $3,350
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joe Montalto

    USELLSMART Real Estate

    (480) 707-7806

    1 in this area

    63 Total Sales

    Joe Montalto
    Section Image
  • Michael Swindle

    Buyer's Agent in 2021

    Michael Swindle

    My Home Group

    (480) 800-9237

    1 in this area

    65 Total Sales

    Michael Swindle
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6286095

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-16-013C

Arizona Maricopa County Phoenix 85015 Alhambra

2230 W Glenrosa Ave, Phoenix, AZ

This home is located at 2230 W Glenrosa Ave, Phoenix, AZ 85015 since 28 August 2021 and is currently estimated at $517,055, approximately $427 per square foot. This property was built in 1959. 2230 W Glenrosa Ave is a home located in Maricopa County with nearby schools including Westwood Primary School, Choice Learning Academy, and Central High School.

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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