NOT LISTED FOR SALE

2602 W Glenrosa Ave Phoenix, AZ 85017

Alhambra Neighborhood
28 Beds
-- Bath
-- Sq Ft
1979 Built

Last Sold June 21, 2019

Last sale price $4,450,000

10 Days on Market

Highlights

  • Wood Flooring
  • Resident Manager or Management On Site
  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A
  • Community Barbecue Grill

About This Home

As of June 2019

CLICK DOCUMENTS TAB FOR PROPERTY FLIER

Last Agent to Sell the Property

Scott Trevey

REI Marketing License #SA539099000 Listed on: 02/11/2019

Last Buyer's Agent

Carrick Sears

SVN/Desert Commercial Advisors License #BR633405000

SVN/Desert Commercial Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,909

Year Built

  • Built in 1979

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Stucco

Flooring

  • Wood
  • Stone
  • Vinyl

Parking

  • 70 Open Parking Spaces
  • 70 Parking Spaces

Additional Features

  • Additional Parcels
  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer, cable TV
  • Assessor Parcel Number 154-18-001

Community Details

Overview

  • 7 Buildings
  • 72 Units
  • Building Dimensions are irreg

Building Details

  • Operating Expense $148,831
  • Gross Income $481,986
  • Net Operating Income $333,411

Additional Features

  • Community Barbecue Grill
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,909

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: CC-C2
  • Number Of Buildings: 7
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2018
  • Directions: I-17 to Indian school road, West to 27th Avenue, North on 27th to GLENROSA, East to property on north side of road.
  • Road Surface Type: Asphalt, Concrete
  • Professional Management Expense: 24794.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl, Stone, Wood
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 70.0
  • Total Parking Spaces: 70.0
  • General Property Description:Uncvrd Parking Spcs: 70.0
  • General Property Description:Total Parking Spcs: 70.0

Utilities

  • Electric: APS, Master Meter
  • Cooling: Electric, Central A/C
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Manager Res/Office

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Manager ResOffice: Yes
  • Community Amenities:Barbecue: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Annual Fuel Expense: 4913.0
  • Trash Expense: 5671.0
  • Annual Water Sewer Expense: 17773.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irreg
  • Additional Parcels: Yes
  • Parcel #: 154-18-001

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Cable TV
  • Tenant Pays: None
  • Number Of Units Total: 72
  • Electric Expense: 31991.0
  • Annual Gross Income: 481985.85
  • Insurance Expense: 9424.0
  • Maintenance Expense: 8051.0
  • Property Net Operating Income: 333411.0
  • Annual Operating Expense: 148831.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 15909.0
  • Tax Book Number: 154.00
  • Tax Lot: 0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $4,450,000 -1.1% --
05/31/2019 05/31/19 Price Changed $4,499,000 0.0% --
04/10/2019 04/10/19 For Sale $4,499,000 0.0% --
02/21/2019 02/21/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $4,499,000 +8.4% --
10/31/2018 10/31/18 Sold $4,150,000 -5.6% --
07/26/2018 07/26/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $4,395,000 +130.1% --
03/20/2015 03/20/15 Sold $1,910,000 -4.0% --
01/06/2015 01/06/15 Pending -- -- --
10/27/2014 10/27/14 For Sale $1,990,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Scott Trevey

    REI Marketing

  • Carrick Sears

    Buyer's Agent in 2019

    Carrick Sears

    SVN/Desert Commercial Advisors

    (602) 327-0325

    19 Total Sales

    Section Image

  • J

    Seller's Agent in 2018

    Jeff Seaman

    CBRE, Inc

    Section Image
  • Rick Horst

    Seller's Agent in 2015

    Rick Horst

    Keller Williams Arizona Realty

    (480) 767-3014

    1 in this area

    36 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5882309

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85017 Alhambra

2602 W Glenrosa Ave, Phoenix, AZ

This home is located at 2602 W Glenrosa Ave, Phoenix, AZ 85017 since 11 February 2019. This property was built in 1979. 2602 W Glenrosa Ave is a home located in Maricopa County with nearby schools including Granada East Primary School, Granada West School, and Alhambra 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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