NOT LISTED FOR SALE

2311 W Glenrosa Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $360,620 - $747,000

1 Bed
-- Bath
2,436 Sq Ft
$210/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $180,000 $74 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $2,939/month

22 Days on Market

Highlights

  • Cooling Available
  • Community Barbecue Grill
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring

About This Home

As of September 2017

One hundred percent occupied cash flowing triplex in central phoenix. This complex has
continued to cash flow for years. the complex has three self contained units that each feature 2- bedrooms,kitchenets and each unit has its own bathroom. The complex is in close proximity to downtown phoenix and a number of highly traveled thoroughfares for easy access to the phoenix metropolitan area.

Last Agent to Sell the Property

Daniel Kahn

E & G Real Estate Services License #BR576266000 Listed on: 07/12/2017

Co-Listed By

Benjamin Ellis

E & G Real Estate Services License #BR629130000

Last Buyer's Agent

Soyun Wong

Better Homes & Gardens Real Estate SJ Fowler License #SA658905000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 1970

Lot Details

  • 8,712

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile

Schools

  • Barcelona Middle School
  • Corona Del Sol High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 9
  • Assessor Parcel Number 154-28-005-D

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8797
  • Fruitland Acres 9 11, 13 16 Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $8,221
  • Gross Income $20,100
  • Net Operating Income $11,890

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,016

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: Indian School & 23rd Avenue
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 1194
  • Directions: North on 23rd Avenue to Glenrosa. West on Glenrosa to property.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1005.0
  • Co List Office Mls Id: e001
  • Co List Office Phone: 480-550-8500
  • Subdivision Name: FRUITLAND ACRES 9-11, 13-16
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Barbecue, No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Community Amenities:Barbecue: Yes

Schools

  • High School: Corona Del Sol High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Barcelona Middle School

Lot Info

  • Lot Size: 8797
  • Additional Parcels: No
  • Parcel #: 154-28-005-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 20100.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 11889.8
  • Annual Operating Expense: 8221.0

Tax Info

  • Tax Annual Amount: 2016.0
  • Tax Book Number: 154.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2019
Sold by
Simson Juliet and Simson Mark
Bought by
Villalobos Reynaldo and Villalobos Reina
Current Estimated Value
$510,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2017
Closed on
Aug 22, 2017
Sold by
Stella Rose Investments Llc
Bought by
Simson Juliet and Simson Mark
Seller's Agent
Daniel Kahn
E & G Real Estate Services
Buyer's Agent
Soyun Wong
Better Homes & Gardens Real Estate SJ Fowler
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.10%
Original Mortgage
$135,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 2012
Sold by
Asset Management Llc
Bought by
Stella Rose Investments Llc

Purchase Details

Listed on
Jan 27, 2012
Closed on
Mar 2, 2012
Sold by
C M Camann Enterprises Inc
Bought by
Asset Management Llc
Seller's Agent
Toni Coursey
Coldwell Banker Realty
Buyer's Agent
David Benton
AXIS Real Estate
List Price
$72,950
Sold Price
$65,500
Premium/Discount to List
-$7,450
-10.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%
Original Mortgage
$64,000
Interest Rate
3.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 13, 2010
Sold by
Saavedra Jennifer
Bought by
Savedra Matthew

Purchase Details

Closed on
Sep 8, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
C M Camann Enterprises Inc

Purchase Details

Closed on
Jun 23, 2010
Sold by
Gonzalez Alvaro and Gonzalez Concepcion
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 13, 2005
Sold by
Powell Michael W and Powell Judy L
Bought by
Gonzalez Alvaro and Gonzalez Concepcion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2005
Sold by
Powell Michael W and Powell Judy L
Bought by
Gonzalez Alvaro and Gonzalez Concepcion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2004
Sold by
Financial Investment Solutions Llc
Bought by
Powell Michael W and Powell Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2004
Sold by
Ariola Dennis C and Cledera Ariola Josephine
Bought by
Financial Investment Solutions Llc

Purchase Details

Closed on
Apr 28, 2003
Sold by
Hynes Doug
Bought by
Ariola Dennis C and Ariola Josephine Cledera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 1999
Sold by
Mcbride Henry Jackson and Mcbride Henry J
Bought by
Ciszczon Edward J and Ciszczon Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
7.51%
Mortgage Type
New Conventional
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
Villalobos Reynaldo $230,000 Pioneer Title Agency Inc
Simson Juliet $180,000 Great American Title Agency
Stella Rose Investments Llc $124,900 Equity Title Agency Inc
Asset Management Llc $65,500 Equity Title Agency Inc
Savedra Matthew -- Accommodation
C M Camann Enterprises Inc -- None Available
Federal Home Loan Mortgage Corporation $81,181 Servicelink
Gonzalez Alvaro $265,000 --
Gonzalez Alvaro $265,000 --
Powell Michael W $189,900 Chicago Title Insurance Co
Financial Investment Solutions Llc -- Grand Canyon Title Agency
Ariola Dennis C $140,000 American Title Ins Agency Az
Ciszczon Edward J $63,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villalobos Reynaldo $230,999
Closed Villalobos Reynaldo $172,500
Previous Owner Simson Juliet $135,000
Previous Owner Asset Management Llc $64,000
Previous Owner Gonzalez Alvaro $212,000
Previous Owner Gonzalez Alvaro $212,000
Previous Owner Powell Michael W $151,920
Previous Owner Ariola Dennis C $112,000
Previous Owner Ariola Dennis C $14,000
Previous Owner Ciszczon Edward J $56,700
Closed Ciszczon Edward J $3,150
Closed Powell Michael W $28,485
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $180,000 -2.7% $74 / Sq Ft
08/08/2017 08/08/17 For Sale $185,000 0.0% $76 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $185,000 0.0% $76 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $185,000 +2.8% $76 / Sq Ft
07/14/2017 07/14/17 Off Market $180,000 -- --
07/12/2017 07/12/17 For Sale $185,000 0.0% $76 / Sq Ft
09/04/2012 09/04/12 Rented $550 -8.3% --
09/03/2012 09/03/12 Under Contract -- -- --
05/08/2012 05/08/12 For Rent $600 0.0% --
03/10/2012 03/10/12 Sold $65,500 -10.2% $27 / Sq Ft
02/26/2012 02/26/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $72,950 -- $30 / 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 $1,443 $10,044 -- --
2024 $1,450 $9,566 -- --
2023 $1,450 $34,960 $6,990 $27,970
2022 $1,427 $25,920 $5,180 $20,740
2021 $1,441 $22,630 $4,520 $18,110
2020 $1,385 $19,820 $3,960 $15,860
2019 $1,368 $16,600 $3,320 $13,280
2018 $1,263 $14,230 $2,840 $11,390
2017 $1,247 $12,850 $2,570 $10,280
2016 $1,194 $11,020 $2,200 $8,820
2015 $1,131 $9,230 $1,840 $7,390
Source: Public Records

Agents Affiliated with this Home

  • Daniel Kahn

    Seller's Agent in 2017

    Daniel Kahn

    E & G Real Estate Services

    (480) 282-0171

    1 in this area

    44 Total Sales

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  • Benjamin Ellis

    Seller Co-Listing Agent in 2017

    Benjamin Ellis

    E & G Real Estate Services

    (480) 567-8456

    12 Total Sales

    Section Image
  • Soyun Wong

    Buyer's Agent in 2017

    Soyun Wong

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 334-7775

    2 in this area

    13 Total Sales

    Section Image

  • T

    Seller's Agent in 2012

    Toni Coursey

    Coldwell Banker Realty

    Section Image

  • J

    Seller's Agent in 2012

    Joanna Janger

    London Capital Realty

    Section Image

  • V

    Seller Co-Listing Agent in 2012

    Vince Giannantonio

    June Street Advisors

    (323) 449-5914

    11 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5633445

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-28-005D

Arizona Maricopa County Phoenix 85015 Alhambra

2311 W Glenrosa Ave, Phoenix, AZ

This home is located at 2311 W Glenrosa Ave, Phoenix, AZ 85015 since 12 July 2017 and is currently estimated at $510,405, approximately $209 per square foot. This property was built in 1970. 2311 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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