NOT LISTED FOR SALE

5229 N 59th Dr Glendale, AZ 85301

Estimated Value: $707,000 - $802,000

-- Bed
-- Bath
2,818 Sq Ft
$268/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $611,500 $217 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,139/month

98 Days on Market

About This Home

As of July 2020

Amazing deal on a cash cow 8 plex in Glendale* Block construction* Copper plumbing* Deeded as 2 - 4 plexes allowing for residential financing* Consisting of 6 -1 bedrooms and 2 - 2 bedroom units* Total lot size is .45 acre* 6 units have been renovated* 2 units have fire damage (approved plans to repair will convey), 1 minor damage and 1 major damage* On sight laundry* Please drive by only. DO NOT DISTURB TENANTS!! All info to be verified by buyer prior to close.

Last Agent to Sell the Property

Chris Lewis

Realty ONE Group License #SA519832000 Listed on: 03/31/2020

Last Buyer's Agent

Eric Ford

My Home Group Real Estate License #SA640295000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,322

Year Built

  • Built in 1964

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • William C Jack Elementary School
  • Challenger Middle School
  • Independence High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 144-28-006

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are 9522
  • Grand Aire Village Subdivision

Building Details

  • Operating Expense $1,322

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,322

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Bethany Home & 59th Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Year Built: 1964
  • Tax Year: 2019
  • Directions: South on 59th ave* West on Oregon* South on 59th drive, property on East side of 59th Drive
  • Road Surface Type: Asphalt
  • Subdivision Name: GRAND-AIRE VILLAGE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: 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

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Elementary School: William C Jack School
  • High School: Independence High School
  • Middle Or Junior School: Challenger Middle School

Lot Info

  • Lot Size: 9522
  • Additional Parcels: Yes
  • Parcel #: 144-28-006

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 8
  • Annual Operating Expense: 1322.0

Tax Info

  • Tax Annual Amount: 1322.0
  • Tax Book Number: 144.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2025
Sold by
Teich Dominic
Bought by
Teich Grantor Trust and Teich
Current Estimated Value
$754,500

Purchase Details

Closed on
Mar 31, 2022
Sold by
Viper Ventures 5 Llc
Bought by
Teich Dominic

Purchase Details

Closed on
Mar 30, 2022
Sold by
Viper Ventures 5 Llc
Bought by
Teich Dominic

Purchase Details

Listed on
Mar 31, 2020
Closed on
Jul 10, 2020
Sold by
The Portfolio Phx Llc
Bought by
Viper Ventures 5 Llc
Seller's Agent
Chris Lewis
Realty ONE Group
Buyer's Agent
Eric Ford
My Home Group Real Estate
List Price
$669,000
Sold Price
$611,500
Premium/Discount to List
-$57,500
-8.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$489,900
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2019
Sold by
The District Phx Llc
Bought by
The Portfolio Phx Llc

Purchase Details

Listed on
Apr 30, 2019
Closed on
May 29, 2019
Sold by
The Lara Family Trust
Bought by
The District Phx Llc
Seller's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Brett Borinstein
Gentry Real Estate
List Price
$629,000
Sold Price
$550,000
Premium/Discount to List
-$79,000
-12.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$275,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2018
Sold by
Lara Alison
Bought by
Lara Family Trust

Purchase Details

Closed on
Dec 15, 2015
Sold by
Best Homes Llc
Bought by
All Right Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 30, 2013
Sold by
Best Homes Llc
Bought by
Best Homes Llc

Purchase Details

Closed on
Nov 6, 2012
Sold by
Ez Homes Inc
Bought by
Best Homes Llc

Purchase Details

Closed on
Sep 26, 2012
Sold by
Auriemma Jon M
Bought by
Ez Homes Inc

Purchase Details

Closed on
May 6, 2004
Sold by
Auriemma Annette Renee
Bought by
Auriemma Jon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2004
Sold by
Glen Park Properties Llc
Bought by
Auriemma Jon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2003
Sold by
Vanlehn Glen L and Welborn Teresa M
Bought by
Glen Park Properties Llc

Purchase Details

Closed on
Feb 25, 2002
Sold by
Priority Investments Inc
Bought by
Flores Jeffrey R and Flores Kathleen D

Purchase Details

Closed on
May 29, 2001
Sold by
Priority Investments Inc
Bought by
Dienhart Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2000
Sold by
Glenwood Apartments
Bought by
Pinheiro Antonio and Pinheiro Maria S
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
Teich Grantor Trust -- --
Teich Dominic -- Driggs Title Agency
Teich Dominic -- Driggs Title Agency
Viper Ventures 5 Llc $611,500 Valleywide Title Agency
The Portfolio Phx Llc -- Accommodation
The District Phx Llc $275,000 Valleywide Title Agency
Lara Family Trust -- None Available
All Right Llc $368,800 Chicago Title Agency Inc
Best Homes Llc -- None Available
Best Homes Llc -- None Available
Ez Homes Inc $101,300 None Available
Auriemma Jon M -- Chicago Title Insurance Co
Auriemma Jon M $202,000 Chicago Title Insurance Co
Glen Park Properties Llc -- --
Flores Jeffrey R -- --
Dienhart Timothy R $160,000 Stewart Title & Trust
Pinheiro Antonio -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Viper Ventures 5 Llc $489,900
Previous Owner The District Phx Llc $275,000
Previous Owner All Right Llc $160,000
Previous Owner Auriemma Jon M $161,600
Previous Owner Dienhart Timothy R $128,000
Closed Dienhart Timothy R $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2020 07/14/20 Sold $611,500 -4.5% $217 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/11/2020 06/11/20 Price Changed $640,000 -1.4% $227 / Sq Ft
05/11/2020 05/11/20 Price Changed $649,000 -3.0% $230 / Sq Ft
03/31/2020 03/31/20 For Sale $669,000 +21.6% $237 / Sq Ft
05/30/2019 05/30/19 Sold $550,000 -12.6% $195 / Sq Ft View Prior Sale
05/01/2019 05/01/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $629,000 -- $223 / 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 $1,474 $11,040 -- --
2024 $1,350 $10,514 -- --
2023 $1,350 $32,870 $6,570 $26,300
2022 $1,342 $25,060 $5,010 $20,050
2021 $1,325 $20,660 $4,130 $16,530
2020 $1,337 $18,350 $3,670 $14,680
2019 $1,322 $17,960 $3,590 $14,370
2018 $1,272 $16,210 $3,240 $12,970
2017 $1,286 $14,420 $2,880 $11,540
2016 $1,212 $12,010 $2,400 $9,610
2015 $1,125 $10,430 $2,080 $8,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6059344

Arizona Regional Multiple Listing Service (ARMLS)

APN: 144-28-006