NOT LISTED FOR SALE

2632 E Glenrosa Ave Unit 10 Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $497,000 - $1,219,000

0.41 Acre
$2,256,241 Price per Acre
17,860 Sq Ft Lot

Last Sold July 19, 2019

Last sale price $680,000

Est. 36% increase in value since last sale

Current estimated payment $5,058/month

6 Days on Market

Highlights

  • 0.41 Acre Lot
  • No HOA
  • Level Lot
  • Phoenix Coding Academy Rated A

About This Lot

As of July 2019

Multifamily Development Opportunity! R-3 zoned land with numerous projects within the neighborhood selling through new product for $500,000-$600,000 per unit making this a great opportunity. Listing is for two adjacent residential lots totaling 0.41 acres. Assemblage opportunity with the neighboring parcels and build a development from 26th street to 27th street (30+ unit potential). Or simply improve the existing 5 units on the property and increase rents. Recent comps for renovated like kind product has sold for $180,000+ per unit making a post renovation value potential of $900,000+. Buyer to confirm zoning, density, value and all other development issues independently with City of Phoenix.

Last Agent to Sell the Property

Neven Bajlo

Gentry Real Estate License #SA560815000 Listed on: 07/16/2019

Gentry Real Estate

Last Buyer's Agent

Cameron Miller

West USA Realty License #SA664768000

West USA Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,386

Lot Details

  • 0.41 Acre Lot
  • Level Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned R-3

Schools

  • Madison Elementary School
  • Camelback High School

Additional Features

  • North or South Exposure
  • Residence on Property

Community Details

  • No Home Owners Association
  • Citrus Heights Lots 10 33 Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 163-08-011-A

Property Details

Property Type

Land

Est. Annual Taxes

$4,386

Lot Details

0

Listing Details

  • Cross Street: 32nd Street and Indian School
  • Legal Info Range: 3E
  • Property Type: Land
  • Topography: Level
  • Zoning: R-3
  • Tax Year: 2018
  • Directions: From 32nd Street and Indian School head West on Indian School, North on 27th Street, West on Glenrosa to property on North side.
  • Horses: No
  • Lot Size Acres: 0.41
  • Road Surface Type: Asphalt
  • Subdivision Name: CITRUS HEIGHTS LOTS 10-33
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Lot Features: North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: Residence

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Madison Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 133x137
  • Lot Size Sq Ft: 18057.0
  • Number Of Lots: 2
  • Additional Parcels: Yes
  • Parcel #: 163-08-011-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4386.0
  • Tax Book Number: 163.00
  • Tax Lot: 10
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Jul 11, 2019
Sold by
Acv Two Llc
Bought by
35Th Indian School Llc
Seller's Agent
Neven Bajlo
Gentry Real Estate
Buyer's Agent
Cameron Miller
West USA Realty
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Current Estimated Value
$925,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,059
Avg. Annual Appreciation
5.08%

Purchase Details

Closed on
Nov 12, 2015
Sold by
Dakai Henry G and Henry G & Carol R Dakai Family
Bought by
Acv Two Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.71%
Mortgage Type
Commercial
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
35Th Indian School Llc $680,000 Chicago Title Agency Inc
Acv Two Llc $450,000 Fidelity Natl Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acv Two Llc $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $680,000 -2.7% --
07/16/2019 07/16/19 For Sale $699,000 0.0% --
07/16/2019 07/16/19 Price Changed $699,000 0.0% --
07/01/2019 07/01/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $699,000 -- --
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 $1,841 $14,820 -- --
2024 $1,791 $14,114 -- --
2023 $1,791 $59,660 $11,930 $47,730
2022 $1,738 $49,150 $9,830 $39,320
2021 $1,753 $41,770 $8,350 $33,420
2020 $1,726 $31,920 $6,380 $25,540
2019 $1,688 $18,000 $3,600 $14,400
2018 $1,646 $17,620 $3,520 $14,100
2017 $1,569 $18,550 $3,710 $14,840
2016 $1,515 $14,700 $2,940 $11,760
2015 $1,407 $12,270 $2,450 $9,820
Source: Public Records

Agents Affiliated with this Home

  • Neven Bajlo

    Seller's Agent in 2019

    Neven Bajlo

    Gentry Real Estate

    (602) 714-7000

    20 Total Sales

    Neven Bajlo
    Section Image
  • Cameron Miller

    Buyer's Agent in 2019

    Cameron Miller

    West USA Realty

    (602) 649-6085

    6 in this area

    9 Total Sales

    Cameron Miller
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5944514

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-08-011A

Arizona Maricopa County Phoenix 85016 Camelback East Village

2632 E Glenrosa Ave Unit 10, Phoenix, AZ

This home is located at 2632 E Glenrosa Ave Unit 10, Phoenix, AZ 85016 since 16 July 2019 and is currently estimated at $925,059. 2632 E Glenrosa Ave Unit 10 is a home located in Maricopa County with nearby schools including Madison Camelview Elementary, Camelback High School, and Phoenix Coding Academy.

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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