Seller's Agent in 2019
Neven Bajlo
Gentry Real Estate
(602) 714-7000
17 Total Sales
2632 E Glenrosa Ave Phoenix, AZ 85016
Camelback East Village NeighborhoodEstimated Value: $518,000 - $1,231,000
Studio
1
Bath
1,200
Sq Ft
$748/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Central Air
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of July 2019Multifamily re-development Opportunity! Recent sales in the neighborhood for updated like kind product has sold for $180,000+ per unit making this a great investments opportunity. Simply improve the existing 5 units on the property and increase rents that are currently under market. Site is R-3 zoned with numerous projects within the neighborhood selling through newly built product for $500,000-$600,000 per unit making this a great opportunity for re-development into new product. 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). Buyer to confirm zoning, density, value and all other development issues independently with City of Phoenix.
Last Agent to Sell the Property
Gentry Real Estate License #SA560815000 Listed on: 06/27/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,386
Year Built
- Built in 1983
Lot Details
- Additional Parcels
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Composition Roof
- Block Exterior
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
- Free Parking
- Paved Parking
- Assigned Parking
Schools
- Macarthur Elementary School
- Camelback High School
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer
- Tax Lot 10
- Assessor Parcel Number 163-08-011-A
Community Details
Overview
- 3 Buildings
- 5 Units
- Building Dimensions are 133x137
- Citrus Heights Lots 10 33 Subdivision
Building Details
- Operating Expense $13,691
- Gross Income $40,114
- Net Operating Income $36,804
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,754
Avg. Annual Appreciation
4.38%
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
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
Average Home Value in this Area
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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/19/2019 07/19/19 | Sold | $680,000 | -2.7% | $567 / Sq Ft |
| 07/16/2019 07/16/19 | For Sale | $699,000 | 0.0% | $583 / Sq Ft |
| 07/16/2019 07/16/19 | Price Changed | $699,000 | 0.0% | $583 / Sq Ft |
| 07/01/2019 07/01/19 | Pending | -- | -- | -- |
| 06/27/2019 06/27/19 | For Sale | $699,000 | 0.0% | $583 / Sq Ft |
| 10/01/2018 10/01/18 | Rented | $775 | 0.0% | -- |
| 09/18/2018 09/18/18 | Under Contract | -- | -- | -- |
| 08/21/2018 08/21/18 | For Rent | $775 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,931 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Neven Bajlo
-
Cameron Miller
Buyer's Agent in 2019
Cameron Miller
West USA Realty
(602) 649-6085
7 in this area
10 Total Sales
-
Daniel Rosenbaum
Seller's Agent in 2018
Daniel Rosenbaum
Rosenbaum Realty Group
(480) 588-1333
29 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5945552
APN: 163-08-011A
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.
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
- 2645 E Glenrosa Ave
- 4332 N 27th St
- 4325 N 26th St Unit 8
- 2548 E Turney Ave
- 4419 N 27th St Unit 25
- 4419 N 27th St Unit 22
- 4438 N 27th St Unit 27
- 4438 N 27th St Unit 1
- 4313 N 28th St
- 2444 E Montecito Ave Unit 53
- 2810 E Glenrosa Ave Unit 18
- 2482 E Roma Ave Unit 15
- 4444 N 25th St Unit 11
- 2501 E Campbell Ave
- 2450 E Roma Ave Unit 8
- 4313 N 29th St
- 2710 E Amelia Ave
- 2439 E Minnezona Ave
- 2906 E Avenida Olivos --
- 2340 E Heatherbrae Dr
- 2632 E Glenrosa Ave Unit 10
- 2618 E Glenrosa Ave
- 4316 N 27th St
- 2614 E Glenrosa Ave Unit 2
- 2633 E Glenrosa Ave Unit 1
- 2633 E Glenrosa Ave Unit 4
- 2633 E Glenrosa Ave Unit 5
- 2633 E Glenrosa Ave
- 2633 E Glenrosa Ave Unit 3
- 2633-2641 E Glenrosa Rd
- 2619 E Glenrosa Ave
- 4320 N 27th St
- 4320 N 27th St Unit 8
- 4320 N 27th St Unit 1
- 4320 N 27th St Unit 5
- 4320 N 27th St Unit 3
- 4320 N 27th St Unit 7
- 2645 E Glenrosa Ave Unit 9
- 2645 E Glenrosa Ave Unit 43-A
- 2615 E Glenrosa Ave