NOT LISTED FOR SALE

5223 W Myrtle Ave Glendale, AZ 85301

Estimated Value: $293,000 - $347,000

4 Beds
1 Bath
633 Sq Ft
$501/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $249,900 $395 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,791/month

45 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of January 2021

This is the perfect Investment!! Both units are 2 bedroom and 1 bathroom, electric and water are on a seperate meter, it has a huge lot in a great location.

Last Agent to Sell the Property

Ruben Luna

eXp Realty License #SA558959000 Listed on: 10/07/2020

Last Buyer's Agent

Alicia Rodriguez

My Home Group Real Estate License #SA516362000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1958

Lot Details

  • 0.34

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Free Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity, water
  • Legal Lot and Block 7 / 1
  • Assessor Parcel Number 147-16-016-A

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 61.94 by 249.70
  • Park Place Blks 2,5,6 Subdivision

Building Details

  • Operating Expense $1,100
  • Gross Income $20,400
  • Net Operating Income $19,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,100

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 51st Ave and Glendale Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2020
  • Directions: North to Myrtle Ave and West to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: PARK PLACE BLKS 2,5,6
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes

Utilities

  • Electric: APS
  • 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

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 61.94 by 249.70
  • Additional Parcels: No
  • Parcel #: 147-16-016-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: Gas, Electricity, Water
  • Number Of Units Total: 2
  • Annual Gross Income: 20400.0
  • Property Net Operating Income: 19000.0
  • Annual Operating Expense: 1100.0

Tax Info

  • Tax Annual Amount: 1100.0
  • Tax Block: 1
  • Tax Book Number: 147.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Nov 24, 2020
Sold by
Quinonez Jesus Nabor Garcia
Bought by
Atilano Jose S Alva and Sierra Lourdes Jeanny
Seller's Agent
Ruben Luna
eXp Realty
Buyer's Agent
Alicia Rodriguez
My Home Group Real Estate
List Price
$250,000
Sold Price
$249,900
Premium/Discount to List
-$100
-0.04%
Current Estimated Value
$317,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,466
Avg. Annual Appreciation
5.15%
Original Mortgage
$187,425
Outstanding Balance
$166,864
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$150,502

Purchase Details

Closed on
Jul 25, 2019
Sold by
Garcia Alma Rosa and Quinonez Jesus Nabor Garcia
Bought by
Quinonez Jesus Nabor Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2004
Sold by
Baker James R and Baker Lilia H
Bought by
Bracamontes Juan and Bracamontes Celia B
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
Atilano Jose S Alva $249,900 First American Title Ins Co
Quinonez Jesus Nabor Garcia -- Security Title Agency
Quinonez Jesus Nabor Garcia $180,000 Security Title Agency
Bracamontes Juan $89,900 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atilano Jose S Alva $187,425
Previous Owner Quinonez Jesus Nabor Garcia $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $249,900 0.0% $395 / Sq Ft
01/02/2021 01/02/21 Price Changed $250,000 0.0% $395 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
11/20/2020 11/20/20 Price Changed $250,000 0.0% $395 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/12/2020 11/12/20 Price Changed $249,900 0.0% $395 / Sq Ft
10/29/2020 10/29/20 For Sale $250,000 0.0% $395 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $250,000 -- $395 / 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 $1,293 $9,688 -- --
2024 $1,104 $9,227 -- --
2023 $1,104 $21,410 $4,280 $17,130
2022 $1,097 $16,370 $3,270 $13,100
2021 $1,088 $14,800 $2,960 $11,840
2020 $1,100 $12,110 $2,420 $9,690
2019 $1,088 $9,270 $1,850 $7,420
2018 $1,045 $9,360 $1,870 $7,490
2017 $546 $6,330 $1,260 $5,070
2016 $517 $5,910 $1,180 $4,730
2015 $484 $5,330 $1,060 $4,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6143182

Arizona Regional Multiple Listing Service (ARMLS)

APN: 147-16-016A