NOT LISTED FOR SALE

5402 W Myrtle Ave Glendale, AZ 85301

Estimated Value: $499,000 - $565,000

5 Beds
4 Baths
8,800 Sq Ft
$59/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $380,000 $43 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,198/month

140 Days on Market

Highlights

  • Wood Flooring
  • Heating Available
  • 5-minute walk to Sands Park
  • Central Air

About This Home

As of September 2021

ZONED COMMERCIAL C-1/Neighborhood (opportunity zone) zoning with over 8800 sf of air conditioned space sitting on 9800 sf corner lot. The building includes a fully equipped kitchen, walk in cooler/freezer, 5 rooms (offices), 4 bathrooms, huge 1st floor Concert Hall/Church type space, and separate entrances for each floor. PERFECT BUILDING FOR LIVE WORK SETUP or take advantage of the C-1 zoning endless possibilities. Conveniently located (opportunity zone) near historic downtown Glendale and Grand Avenue in a desirable Glendale residential area.

Last Agent to Sell the Property

Juan Pesqueira

Attorneys Realty License #SA553377000 Listed on: 10/25/2020

Last Buyer's Agent

Julie Moore

Asher Chaim LLC License #BR645205000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,695

Year Built

  • Built in 1985

Lot Details

  • 9,800 Sq Ft Lot
  • Property is zoned C-1/C-N

Home Design

  • 8,800 Sq Ft Home
  • Wood Frame Construction
  • Built-Up Roof

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 147-18-014

Community Details

Overview

  • Building Dimensions are 9800
  • Cook And White Subdivision

Building Details

  • Operating Expense $4,695

Property Details

Property Type

Other

Est. Annual Taxes

$4,695

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 51st Avenue and Myrtle.
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1/C-N
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2020
  • Directions: West on Myrtle to the property.
  • Lot Size Acres: 0.23
  • Road Surface Type: Asphalt
  • Subdivision Name: Cook and White
  • Structure Type: Other (See Remarks), Commercial, Office
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood, Concrete
  • Living Area: 8800.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Master Meter
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Other (See Remarks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Electric Master Meter: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size: 9800
  • Lot Size Sq Ft: 9800.0
  • Parcel #: 147-18-014
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4695.0

Tax Info

  • Tax Annual Amount: 4695.0
  • Tax Book Number: 147.00
  • Tax Lot: 14
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2020
Closed on
Sep 16, 2021
Sold by
Ebenezer Mi Gracia Salva
Bought by
Eplex Realty Llc
Seller's Agent
Juan Pesqueira
Attorneys Realty
Buyer's Agent
Julie Moore
Asher Chaim LLC
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Current Estimated Value
$521,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,873
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Jan 23, 2014
Sold by
American West Constructionand Developmen
Bought by
Ministerios Gracia Y Salvacion Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 29, 2012
Sold by
Internal Revenue Service
Bought by
American Wests Construction & Developmen

Purchase Details

Closed on
Jan 17, 2006
Sold by
Church Of A Different Spirit
Bought by
Professional Indemnitor Corp

Purchase Details

Closed on
Nov 2, 2001
Sold by
Aban Jorge E and Aban Lucero G
Bought by
Aban Jorge E and Aban Lucero G

Purchase Details

Closed on
Dec 9, 1997
Sold by
Butler Hal and Retirement Plan For Employees
Bought by
53Rd Avenue & Myrtle Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 2, 1997
Sold by
53Rd Avenue & Myrtle Llc
Bought by
Church Of A Different Spirit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 27, 1994
Sold by
Colman Larry M and Colman Jacqueline L
Bought by
53Rd Avenue & Myrtle L L C

Purchase Details

Closed on
May 23, 1994
Sold by
Green Thelma
Bought by
53Rd Avenue & Myrtle L L C

Purchase Details

Closed on
May 16, 1994
Sold by
Butler Hal F
Bought by
53Rd Avenue & Myrtle L L C

Purchase Details

Closed on
May 11, 1994
Sold by
Putnam Donald C and Putnam Jean E
Bought by
53Rd Avenue & Myrtle L L C

Purchase Details

Closed on
May 2, 1994
Sold by
Carlson Jo Ann
Bought by
53Rd Avenue & Myrtle L L C

Purchase Details

Closed on
Apr 29, 1994
Sold by
Salyer Vera M
Bought by
53Rd Avenue & Myrtle L L C
Source: Public Records

Range of Values:

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Average Value
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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
Eplex Realty Llc $380,000 American Title Svc Agcy Llc
Ministerios Gracia Y Salvacion Inc $230,000 Security Title Agency
American Wests Construction & Developmen $80,000 None Available
Professional Indemnitor Corp $968,000 First American Title Ins Co
Aban Jorge E -- --
53Rd Avenue & Myrtle Llc -- Ati Title Agency
53Rd Avenue & Myrtle Llc -- Ati Title Agency
53Rd Avenue & Myrtle Llc -- Ati Title Agency
Church Of A Different Spirit $84,000 Ati Title Agency
53Rd Avenue & Myrtle L L C -- --
53Rd Avenue & Myrtle L L C -- --
53Rd Avenue & Myrtle L L C -- --
53Rd Avenue & Myrtle L L C -- --
53Rd Avenue & Myrtle L L C -- --
53Rd Avenue & Myrtle L L C -- --
53Rd Avenue & Myrtle L L C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ministerios Gracia Y Salvacion Inc $180,000
Previous Owner Church Of A Different Spirit $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $380,000 +1.3% $43 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
10/20/2020 10/20/20 For Sale $375,000 -- $43 / 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 $5,174 $38,765 -- --
2024 $4,742 $36,919 -- --
2023 $4,742 $83,910 $15,450 $68,460
2022 $4,711 $72,540 $10,350 $62,190
2021 $4,652 $71,325 $9,495 $61,830
2020 $4,695 $71,535 $9,990 $61,545
2019 $4,644 $69,705 $8,850 $60,855
2018 $4,468 $65,925 $7,575 $58,350
2017 $4,514 $29,055 $7,365 $21,690
2016 $4,256 $28,605 $6,210 $22,395
2015 $4,212 $29,792 $6,320 $23,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6149169

Arizona Regional Multiple Listing Service (ARMLS)

APN: 147-18-014