Seller's Agent in 2020
Alan Arana Galindo
HomeSmart
(915) 356-9453
9 Total Sales
4425 N 53rd Ln Phoenix, AZ 85031
--
Bed
--
Bath
4,322
Sq Ft
0.28
Acres
Highlights
- 6 Car Attached Garage
- Cooling Available
- Heat Pump System
- Phoenix Coding Academy Rated A
- Ceramic Tile Flooring
About This Home
As of December 2020GPCI Multifamily is pleased to offer for sale the 53rd Lane fourplex in Phoenix. This property is fully occupied and features a great mix of 3-bedroom and 2-bedroom units. Units are extremely spacious with an average of 1,080 sq feet! There is room for rent upside as leases expire. Each apartment has a separate enclosed garage and separate washer/dryer hookup. The 3-bedroom unit even has a 2-car garage! In addition, the lower units have private yards and the upper unit has a private balcony. This makes it very attractive for families, especially those with pets - add pet rent for extra income. It is conveniently located close to schools, parks, shopping, and employment. The Maryvale Hospital Complex is only two blocks away. Walmart is only 0.4 miles away. All units are individually metered (electric and gas). The HOA covers trash and landscaping. All have tile floors throughout. This property is a high-return addition to your income portfolio!
Last Agent to Sell the Property
Mark Skelpsa
HomeSmart Realty License #SA642313000 Listed on: 12/21/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,018
Year Built
- Built in 1973
Parking
- 6 Car Attached Garage
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for water
- Tax Lot 15
- Assessor Parcel Number 144-44-061
Community Details
Overview
- 4 Units
- Building Dimensions are .28
- Parkway Village Subdivision
Building Details
- Operating Expense $5,558
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2020
Closed on
Dec 7, 2020
Sold by
Galindo Diana Alejandra Arana
Bought by
Louie Michael Ken and Louie Jennifer Carl
Seller's Agent
Alan Arana Galindo
HomeSmart
Buyer's Agent
Luis Espinoza
Gile Commercial Real Estate
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%
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
$233,118
Avg. Annual Appreciation
9.11%
Original Mortgage
$281,250
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 21, 2018
Closed on
Apr 2, 2019
Sold by
Gha Assets Llc
Bought by
Galindo Diana Alejandra Arana
Seller's Agent
Mark Skelpsa
HomeSmart Realty
Buyer's Agent
Gibram Napoles
Realty ONE Group
List Price
$319,000
Sold Price
$315,000
Premium/Discount to List
-$4,000
-1.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.19%
Original Mortgage
$236,250
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 31, 2019
Sold by
Brouse Oliver
Bought by
Gha Assets Llc
Purchase Details
Closed on
Oct 13, 2018
Sold by
Brouse Oliver
Bought by
Parkway Village Estates Homeowners Assn
Purchase Details
Closed on
Mar 7, 2013
Sold by
Brouse Victoria
Bought by
Brouse Oliver
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
3.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 12, 2010
Sold by
Pineda Janeth and Orellana Elias R
Bought by
Moyer James and Moyer Debra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 17, 2006
Sold by
Cook David W and Cook Sheila
Bought by
Orellana Elias R and Pineda Janeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
7.5%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Apr 4, 2005
Sold by
Lokare Sanjay and Lokare Carol
Bought by
Cook David W and Cook Sheila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 23, 2003
Sold by
Giles General G and Giles Sonda K
Bought by
Lokare Sanjay and Lokare Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
5.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 5, 1999
Sold by
Kavak Fuat Can
Bought by
Giles General G and Giles Sonda K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.01%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $490,000 | Wfg National Title Ins Co | |
| Warranty Deed | $315,000 | Great American Title Agency | |
| Special Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $165,000 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $123,000 | The Talon Group Home Office | |
| Warranty Deed | $395,000 | Fidelity National Title | |
| Warranty Deed | $325,000 | Fidelity National Title | |
| Warranty Deed | $234,000 | First American Title Ins Co | |
| Deed | $170,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $281,250 | New Conventional | |
| Previous Owner | $236,250 | New Conventional | |
| Previous Owner | $115,500 | New Conventional | |
| Previous Owner | $92,250 | New Conventional | |
| Previous Owner | $355,500 | Negative Amortization | |
| Previous Owner | $243,750 | New Conventional | |
| Previous Owner | $183,200 | New Conventional | |
| Previous Owner | $136,000 | New Conventional | |
| Closed | $17,000 | No Value Available | |
| Closed | $16,250 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2020 12/18/20 | Sold | $450,000 | -14.3% | $104 / Sq Ft |
| 11/09/2020 11/09/20 | Pending | -- | -- | -- |
| 11/02/2020 11/02/20 | For Sale | $525,000 | +66.7% | $121 / Sq Ft |
| 04/04/2019 04/04/19 | Sold | $315,000 | +0.3% | $73 / Sq Ft |
| 03/06/2019 03/06/19 | Pending | -- | -- | -- |
| 01/31/2019 01/31/19 | Pending | -- | -- | -- |
| 01/28/2019 01/28/19 | Price Changed | $314,000 | -1.6% | $73 / Sq Ft |
| 12/21/2018 12/21/18 | For Sale | $319,000 | -- | $74 / Sq Ft |
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 | $2,874 | $16,881 | -- | -- |
| 2024 | $2,938 | $16,077 | -- | -- |
| 2023 | $2,938 | $42,610 | $8,520 | $34,090 |
| 2022 | $2,770 | $31,250 | $6,250 | $25,000 |
| 2021 | $2,804 | $28,710 | $5,740 | $22,970 |
| 2020 | $2,658 | $24,680 | $4,930 | $19,750 |
| 2019 | $2,543 | $21,160 | $4,230 | $16,930 |
| 2018 | $2,645 | $19,450 | $3,890 | $15,560 |
| 2017 | $2,558 | $17,950 | $3,590 | $14,360 |
| 2016 | $2,446 | $15,970 | $3,190 | $12,780 |
| 2015 | $2,282 | $15,410 | $3,080 | $12,330 |
Source: Public Records
Agents Affiliated with this Home
-
Alan Arana Galindo
-
Martha Navarro
Seller Co-Listing Agent in 2020
Martha Navarro
HomeSmart
(623) 341-6345
185 Total Sales
-
Luis Espinoza
Buyer's Agent in 2020
Luis Espinoza
Gile Commercial Real Estate
(602) 373-9729
125 Total Sales
-
M
Seller's Agent in 2019
Mark Skelpsa
HomeSmart Realty
-
Gibram Napoles
Buyer's Agent in 2019
Gibram Napoles
Realty One Group
(623) 418-4551
19 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5860515
APN: 144-44-061
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
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