NOT LISTED FOR SALE

3601 E Glenrosa Ave Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $630,900 - $1,524,000

-- Bed
-- Bath
3,007 Sq Ft
$375/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $340,000 $113 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $6,097/month

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of May 2017

This 4-plex is an investors dream. The street is filled with high demand multi-plex rentals. This one is in need of serious TLC but offers an opportunity for great passive income to the ambitious buyer looking for a Diamond in the rough.
Long term tenants are NOT to be Disturbed.
Rents could be increased from the present prices once the units are updated.
No showings of any kind without an accepted offer. Thank you.

Last Agent to Sell the Property

Jan Dahl

HomeSmart License #BR006545000 Listed on: 05/08/2017

HomeSmart

Last Buyer's Agent

Tom Zarob

Phoenix Prestige Real Estate License #BR546214000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,835

Year Built

  • Built in 1959

Lot Details

  • 0.26

Home Design

  • Foam Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Creighton Elementary School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 170-31-022

Community Details

Overview

  • 4 Units
  • Building Dimensions are 11,352
  • Camelback Horizons Subdivision

Building Details

  • Operating Expense $11,301
  • Gross Income $28,044
  • Net Operating Income $1,872

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,835

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: Indian School and 36th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-3
  • Number Of Buildings: 1
  • Year Built: 1959
  • Tax Year: 2016
  • Road Surface Type: Asphalt, Alley
  • Subdivision Name: CAMELBACK HORIZONS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Disposal: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 3244.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 11,352
  • Additional Parcels: No
  • Parcel #: 170-31-022

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 857.04
  • Annual Gross Income: 28044.0
  • Insurance Expense: 2964.96
  • Maintenance Expense: 1400.0
  • Property Net Operating Income: 1872.0
  • Annual Operating Expense: 11301.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2835.0
  • Tax Book Number: 170.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Yanko David G
Bought by
David G Yanko Lp
Current Estimated Value
$1,108,762

Purchase Details

Listed on
May 8, 2017
Closed on
May 17, 2017
Sold by
Zorin Llc
Bought by
Yanko David G
Seller's Agent
Jan Dahl
HomeSmart
Buyer's Agent
Tom Zarob
Phoenix Prestige Real Estate
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.96%

Purchase Details

Closed on
Aug 20, 2005
Sold by
Strook Donald V and Yagi Greg G
Bought by
Zorin Llc

Purchase Details

Closed on
Apr 21, 2004
Sold by
Benitah Maurice
Bought by
Strook Donald and Yagi Greg G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2003
Sold by
Bentiah Maurice
Bought by
Rsm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2003
Sold by
Benitah Marlys
Bought by
Benitah Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1998
Sold by
Groh John E
Bought by
Groh Nancy A and Groh John E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
David G Yanko Lp -- None Available
Yanko David G $340,000 Wfg National Title Insurance
Zorin Llc -- --
Strook Donald $295,000 Capital Title Agency Inc
Rsm Properties Llc -- Capital Title Agency Inc
Benitah Maurice -- Capital Title Agency Inc
Benitah Maurice $261,000 Capital Title Agency Inc
Groh Nancy A -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strook Donald $236,000
Previous Owner Benitah Maurice $208,800
Closed Strook Donald $29,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Off Market -- -- --
01/29/2025 01/29/25 For Rent -- -- --
05/23/2017 05/23/17 Sold $340,000 -2.9% $113 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $350,000 -- $116 / 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 $3,453 $25,563 -- --
2024 $3,285 $24,346 -- --
2023 $3,285 $74,010 $14,800 $59,210
2022 $3,156 $56,300 $11,260 $45,040
2021 $3,233 $50,820 $10,160 $40,660
2020 $3,154 $44,400 $8,880 $35,520
2019 $3,132 $39,630 $7,920 $31,710
2018 $3,068 $34,700 $6,940 $27,760
2017 $2,949 $30,480 $6,090 $24,390
2016 $2,835 $24,870 $4,970 $19,900
2015 $2,637 $23,520 $4,700 $18,820
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jan Dahl

    HomeSmart

    Section Image

  • T

    Buyer's Agent in 2017

    Tom Zarob

    Phoenix Prestige Real Estate

    (602) 708-1635

    1 in this area

    21 Total Sales

    Tom Zarob
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5602194

Arizona Regional Multiple Listing Service (ARMLS)

APN: 170-31-022

Arizona Maricopa County Phoenix 85018 Camelback East Village

3601 E Glenrosa Ave, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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