NOT LISTED FOR SALE

3115 E Glenrosa Ave Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $383,000 - $545,000

-- Bed
2 Baths
2,294 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $911,000 $397 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $2,502/month

3 Days on Market

Highlights

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

About This Home

As of June 2023

Amazing RALPH HAVER duplex in the heart of Arcadia Lite with two separate APNs on corner lot. Finished in 2023, each unit was totally gutted and completely remodeled, including all plumbing/piping. All new appliances, fixtures, etc. Highly sought after midcentury Haver design with sloping roofs, large windows, masonry construction, and plenty of parking. Located in one of the best areas in Phoenix, providing good cash flow with very low operating expenses. Current leases are month to month with below market rents providing opportunity for even better cash flow. Don't miss this opportunity to own a remodeled, prime location property with zero maintenance. Great pure investment or a chance to live in one while offsetting your payments with the other. Call today for more information!

Last Agent to Sell the Property

Tucker Blalock

The Brokery License #BR642462000 Listed on: 05/18/2023

Co-Listed By

Oleg Bortman

The Brokery License #BR636864000

Last Buyer's Agent

Anton Raphael Beltran

Fathom Realty License #SA681740000

Fathom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,614

Year Built

  • Built in 1962

Lot Details

  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, landscaping
  • Tax Lot 3117
  • Assessor Parcel Number 163-01-305

Community Details

Overview

  • 2 Units
  • Building Dimensions are 0.026 acres / 1,128 sqft
  • 3115 3117 East Glenrosa Condominiums Subdivision

Building Details

  • Operating Expense $5,514
  • Gross Income $45,600
  • Net Operating Income $42,486

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,614

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 32nd St and Campbell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2022
  • Directions: South on 32nd St, west on Turney, south on 31st Pl, west on Glenrosa
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Co List Office Mls Id: boll002
  • Co List Office Phone: 602-892-4444
  • Subdivision Name: 3115-3117 EAST GLENROSA CONDOMINIUMS
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Block, Brick
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved Parking, Add'l Parking Avail, Common
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 0.026 acres / 1,128 sqft
  • Additional Parcels: Yes
  • Parcel #: 163-01-305

Multi Family

  • Owner Pays: Water, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 45600.0
  • Insurance Expense: 800.0
  • Property Net Operating Income: 42486.0
  • Annual Operating Expense: 5514.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2614.0
  • Tax Book Number: 163.00
  • Tax Lot: 3117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 23, 2023
Sold by
3115 Glenrosa Llc
Bought by
Baumgarten Carl Hendrik
Seller's Agent
Tucker Blalock
The Brokery
Buyer's Agent
Anton Raphael Beltran
Fathom Realty
List Price
$895,000
Sold Price
$911,000
Premium/Discount to List
$16,000
1.79%
Views
7
Current Estimated Value
$452,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$459,000
Avg. Annual Appreciation
-18.17%
Original Mortgage
$773,500
Outstanding Balance
$758,193
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
-$176,860

Purchase Details

Closed on
Mar 2, 2020
Sold by
Lj Development Llc
Bought by
3115 Glenrosa Llc

Purchase Details

Closed on
Oct 10, 2018
Sold by
Preston Tracy
Bought by
Lj Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,600
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 2, 2016
Closed on
Aug 8, 2016
Sold by
3115 E Glenrosa Llc
Bought by
A Bright Place Llc
Seller's Agent
Liz Koppinger
33 Degrees CRE
Buyer's Agent
Tracy Preston
HomeSmart
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$368,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2013
Sold by
3115 E Glenrosa Llc
Bought by
Koppinger Elizabeth Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2012
Sold by
3115 E Glenrosa Llc
Bought by
3115 E Glenrosa Llc

Purchase Details

Closed on
Aug 28, 2012
Sold by
Koppinger Elizabeth Yuree
Bought by
3115 E Glenrosa Llc

Purchase Details

Closed on
Jan 27, 2006
Sold by
Kikuchi Dongsook
Bought by
Simon Elizabeth Yuree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 10, 2004
Sold by
Simon Elizabeth Y and Kikuchi Maria
Bought by
Kikuchi Dongsook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2002
Sold by
Stern Richard H
Bought by
Simon Elizabeth Y and Kikuchi Dongsook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 1998
Sold by
Scalzitti Patrick J and Scalzitti Mary Anne
Bought by
Stern Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
6.91%
Mortgage Type
VA

Purchase Details

Closed on
May 2, 1997
Sold by
Jordan Frank W and Jordan Molly J
Bought by
Scalzitti Patrick J and Scalzitti Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
6.75%
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
Baumgarten Carl Hendrik $911,000 Valleywide Title
3115 Glenrosa Llc -- Pioneer Title Agency Inc
Lj Development Llc $532,000 Pioneer Title Agency Inc
A Bright Place Llc $430,000 Thomas Title & Escrow
Koppinger Elizabeth Y -- Great American Title Agency
3115 E Glenrosa Llc -- None Available
3115 E Glenrosa Llc -- None Available
Simon Elizabeth Yuree -- None Available
Kikuchi Dongsook -- Security Title Agency
Simon Elizabeth Y $173,000 First American Title
Stern Richard H $147,000 Security Title Agency
Scalzitti Patrick J $103,000 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baumgarten Carl Hendrik $773,500
Closed Baumgarten Carl Hendrik $773,500
Previous Owner Lj Development Llc $425,600
Previous Owner Lj Development Llc $153,000
Previous Owner A Bright Place Llc $70,000
Previous Owner A Bright Place Llc $368,000
Previous Owner 3115 E Glenrosa Llc $54,000
Previous Owner Koppinger Elizabeth Y $171,000
Previous Owner Simon Elizabeth Yuree $148,000
Previous Owner Kikuchi Dongsook $152,000
Previous Owner Simon Elizabeth Y $133,000
Previous Owner Stern Richard H $113,600
Previous Owner Scalzitti Patrick J $82,400
Closed Stern Richard H $14,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $911,000 +1.8% $397 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $895,000 +108.1% $390 / Sq Ft
08/12/2016 08/12/16 Sold $430,000 -4.4% $187 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $450,000 0.0% $196 / Sq Ft
07/21/2016 07/21/16 Price Changed $450,000 +4.7% $196 / Sq Ft
07/11/2016 07/11/16 Off Market $430,000 -- --
06/24/2016 06/24/16 Off Market $430,000 -- --
06/23/2016 06/23/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $495,000 -- $216 / 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 $1,384 $11,145 -- --
2024 $1,347 $10,614 -- --
2023 $1,347 $25,780 $5,150 $20,630
2022 $1,307 $20,520 $4,100 $16,420
2021 $1,318 $18,920 $3,780 $15,140
2020 $1,298 $17,600 $3,520 $14,080
2019 $1,269 $13,670 $2,730 $10,940
Source: Public Records

Agents Affiliated with this Home

  • Tucker Blalock

    Seller's Agent in 2023

    Tucker Blalock

    The Brokery

    (602) 892-4444

    253 in this area

    358 Total Sales

    Tucker Blalock
    Section Image
  • Oleg Bortman

    Seller Co-Listing Agent in 2023

    Oleg Bortman

    The Brokery

    (602) 402-2296

    243 in this area

    352 Total Sales

    Oleg Bortman
    Section Image
  • Anton Raphael Beltran

    Buyer's Agent in 2023

    Anton Raphael Beltran

    Fathom Realty

    (480) 544-3725

    2 in this area

    11 Total Sales

    Anton Raphael Beltran
    Section Image
  • Liz Koppinger

    Seller's Agent in 2016

    Liz Koppinger

    33 Degrees CRE

    (602) 614-6970

    2 in this area

    5 Total Sales

    Liz Koppinger
    Section Image
  • Tracy Preston

    Buyer's Agent in 2016

    Tracy Preston

    HomeSmart

    (480) 363-1288

    35 Total Sales

    Tracy Preston
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6558398

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-01-304

Arizona Maricopa County Phoenix 85016 Camelback East Village

3115 E Glenrosa Ave, Phoenix, AZ

This home is located at 3115 E Glenrosa Ave, Phoenix, AZ 85016 since 18 May 2023 and is currently estimated at $452,000, approximately $197 per square foot. This property was built in 1962. 3115 E Glenrosa Ave 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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