NOT LISTED FOR SALE

Estimated Value: $381,000 - $464,000

Studio
-- Bath
2,104 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $320,000 $152 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,273/month

56 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heat Pump System
  • Ceiling Fan

About This Home

As of October 2021

2 Units with 2 bedrooms & 1.5 baths each. AC units in both unit A & B were replaced in 2011. The Hot water heater in Unit B was replaced in 2015. New flooring, ceiling fans & updated fixtures in both units. Only Unit B comes with kitchen appliances. Exterior laundry room for both units each. Both units are vacant & owner is selling home in its AS-IS condition. Rents for 2 bedroom units in the area are $1150 a month per unit. We are awaiting cancellation of the current escrow. Seller will be able to accept offers starting Tues Sept 14th. Stove in unit A does not convey.

Last Agent to Sell the Property

Stan Abraham

Berkshire Hathaway HomeServices Arizona Properties License #SA543330000 Listed on: 07/23/2021

Berkshire Hathaway HomeServices Arizona Properties

Co-Listed By

John Vitale

Berkshire Hathaway HomeServices Arizona Properties License #SA627622000

Last Buyer's Agent

Jesus Mendez

Delex Realty License #SA666195000

Delex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,086

Year Built

  • Built in 1977

Lot Details

  • 6,839

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Concrete Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Roadrunner Elementary School
  • Palo Verde Middle School

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer
  • Tax Lot 48
  • Assessor Parcel Number 151-20-049

Community Details

Overview

  • 2 Units
  • Building Dimensions are 69.95 X 95.34
  • Gold Crest Subdivision

Building Details

  • Operating Expense $5,860
  • Gross Income $15,611
  • Net Operating Income $9,812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,086

Year Built

Built in 1977

Lot Details

6,839 Sq Ft Lot

Listing Details

  • Cross Street: 35TH AVE AND GLENDALE, 37TH AVE N. TO
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1977
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1249.0
  • Co List Office Mls Id: praz11
  • Co List Office Phone: 623-298-2200
  • Subdivision Name: GOLD CREST
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Other (See Remarks), Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Street Parking: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Roadrunner School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Palo Verde School

Lot Info

  • Lot Size: 69.95 X 95.34
  • Additional Parcels: No
  • Parcel #: 151-20-049

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 15611.0
  • Insurance Expense: 825.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 9812.0
  • Annual Operating Expense: 5860.0

Tax Info

  • Tax Annual Amount: 1086.0
  • Tax Book Number: 151.00
  • Tax Lot: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2023
Sold by
Medina Arlene
Bought by
Asm Trust
Current Estimated Value
$422,756

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 17, 2021
Sold by
Tesfai Jacob
Bought by
Medina Arlene
Seller's Agent
Stan Abraham
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Jesus Mendez
Delex Realty
List Price
$299,000
Sold Price
$320,000
Premium/Discount to List
$21,000
7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$314,102
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2005
Sold by
Young Audrey A
Bought by
Tesfai Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2001
Sold by
Kenyon James J
Bought by
Young Audrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,050
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1996
Sold by
Alakel Kenneth M
Bought by
Kenyon James J
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Asm Trust -- None Listed On Document
Medina Arlene $320,000 First American Title Ins Co
Tesfai Jacob $199,000 Alliance Title Partners
Young Audrey A $119,000 Chicago Title Insurance Co
Kenyon James J $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Medina Arlene $314,102
Previous Owner Tesfai Jacob $147,000
Previous Owner Young Audrey A $113,050
Closed Tesfai Jacob $29,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2021 10/18/21 Sold $320,000 0.0% $152 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $320,000 +7.0% $152 / Sq Ft
09/10/2021 09/10/21 For Sale $299,000 0.0% $142 / Sq Ft
09/10/2021 09/10/21 Price Changed $299,000 -6.6% $142 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/26/2021 07/26/21 Off Market $320,000 -- --
07/23/2021 07/23/21 For Sale $299,000 -- $142 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,226 $9,646 -- --
2024 $1,158 $9,187 -- --
2023 $1,158 $32,260 $6,450 $25,810
2022 $1,121 $21,480 $4,290 $17,190
2021 $1,135 $20,310 $4,060 $16,250
2020 $1,107 $19,710 $3,940 $15,770
2019 $1,086 $16,050 $3,210 $12,840
2018 $1,058 $13,650 $2,730 $10,920
2017 $1,053 $12,960 $2,590 $10,370
2016 $1,033 $11,730 $2,340 $9,390
2015 $957 $9,660 $1,930 $7,730
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6269152

Arizona Regional Multiple Listing Service (ARMLS)

APN: 151-20-049

Your Personal Tour Guide

Ask me questions while you tour the home.