Seller's Agent in 2025
Nikki Janulewicz
Fathom Realty Elite
(480) 570-1835
1 in this area
48 Total Sales
5520 W Palmaire Ave Glendale, AZ 85301
Downtown Glendale Neighborhood
--
Bed
--
Bath
--
Sq Ft
1957
Built
Highlights
- Ceramic Tile Flooring
- Ceiling Fan
- Heating Available
- Central Air
About This Home
As of May 2025Prime Investment Opportunity in Glendale! This unique triplex is just minutes from downtown Glendale and the charming Caitlin Court Historic District. Offering a mix of unit sizes—one 1-bedroom, one 2-bedroom, and one 3-bedroom—this property provides excellent rental flexibility. One unit is a standalone home, while the other two are connected, adding to the character and appeal. Currently, one unit is leased through 5/31/2025, ensuring immediate income. Don't miss your chance to own a distinctive, income-generating property in a highly desirable location.
Last Agent to Sell the Property
Fathom Realty Elite Brokerage Phone: 480-570-1835 License #BR510553000 Listed on: 02/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,252
Year Built
- Built in 1957
Home Design
- Wood Frame Construction
- Composition Roof
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 2 Open Parking Spaces
- 3 Parking Spaces
- Carport
Schools
- Glendale Landmark Elementary And Middle School
- Glendale High School
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Legal Lot and Block 8 / 7
- Assessor Parcel Number 147-25-009
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 50 X 140
- Park Addn 16 19 Subdivision
Building Details
- Operating Expense $5,872
- Gross Income $41,580
- Net Operating Income $35,708
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2025
Closed on
May 22, 2025
Sold by
Reyes Juan Antonio
Bought by
Wade Aaron
Seller's Agent
Nikki Janulewicz
Fathom Realty Elite
Buyer's Agent
Marcus Marshall
Uncommon Realty International
List Price
$500,000
Sold Price
$480,000
Premium/Discount to List
-$20,000
-4%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.35%
Original Mortgage
$471,306
Outstanding Balance
$471,306
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$4,656
Purchase Details
Listed on
Feb 24, 2023
Closed on
Feb 23, 2023
Sold by
Johnson Herbert
Bought by
Reyes Juan Antonio
Seller's Agent
Jason Hubbard
Real Broker
Buyer's Agent
Marty Recht
Second Avenue Realty
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.92%
Original Mortgage
$367,500
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 4, 2019
Sold by
Dunda Kimberly Anne
Bought by
Brosheaaz Llc
Purchase Details
Listed on
Sep 10, 2018
Closed on
Dec 20, 2018
Sold by
Arellano Real Estate Llc
Bought by
Dunda Kimberly
Seller's Agent
Carlos Arellano
Equity Realty Group, LLC
Buyer's Agent
Jeanine Armstrong
HomeSmart
List Price
$239,000
Sold Price
$220,000
Premium/Discount to List
-$19,000
-7.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.48%
Original Mortgage
$145,000
Interest Rate
4.8%
Mortgage Type
Stand Alone First
Purchase Details
Listed on
Sep 10, 2018
Closed on
Dec 13, 2018
Sold by
Arellano Real Estate Llc
Bought by
Arellano Real Estate Llc
Seller's Agent
Carlos Arellano
Equity Realty Group, LLC
Buyer's Agent
Jeanine Armstrong
HomeSmart
List Price
$239,000
Sold Price
$220,000
Premium/Discount to List
-$19,000
-7.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.8%
Mortgage Type
Stand Alone First
Purchase Details
Listed on
Feb 12, 2016
Closed on
May 4, 2016
Sold by
Cortes Sergio
Bought by
A R E Investments Llc
Seller's Agent
Jeffrey Miller
Fathom Realty Elite
Buyer's Agent
Carlos Arellano
Equity Realty Group, LLC
List Price
$139,900
Sold Price
$109,000
Premium/Discount to List
-$30,900
-22.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.21%
Original Mortgage
$87,200
Interest Rate
3.71%
Mortgage Type
Commercial
Purchase Details
Listed on
Nov 7, 2011
Closed on
Dec 27, 2012
Sold by
Makdden William R and Madden George Jeffery
Bought by
Cortes Sergio
Seller's Agent
Dave Howe
Valley Peaks Realty
Buyer's Agent
Robert Schissel
Top Producers Realty
List Price
$80,000
Sold Price
$35,000
Premium/Discount to List
-$45,000
-56.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.23%
Purchase Details
Closed on
Mar 29, 2005
Sold by
Holschlag Kelly L and Holschlag Betty J
Bought by
Madden William R and Madden George Jeffrey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 1, 1997
Sold by
Avila Ramon Rudolpho and Avila Simona Loraine
Bought by
Morgan Teri G and Holschlag Betty
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.44%
Mortgage Type
Seller Take Back
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 | $480,000 | Great American Title Agency | |
| Warranty Deed | $490,000 | Magnus Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $220,000 | First American Title Insuran | |
| Warranty Deed | -- | Driggs Title Agency Inc | |
| Warranty Deed | $109,000 | Precision Title Agency Inc | |
| Cash Sale Deed | $35,000 | First Arizona Title Agency | |
| Warranty Deed | $150,000 | Ticor Title Agency Of Az Inc | |
| Warranty Deed | $65,000 | Stewart Title & Trust |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $471,306 | FHA | |
| Previous Owner | $367,500 | New Conventional | |
| Previous Owner | $145,000 | Stand Alone First | |
| Previous Owner | $120,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $21,000 | Commercial | |
| Previous Owner | $97,500 | Commercial | |
| Previous Owner | $87,200 | Commercial | |
| Previous Owner | $120,000 | Purchase Money Mortgage | |
| Previous Owner | $45,000 | Seller Take Back | |
| Closed | $30,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $480,000 | -4.0% | -- |
| 05/05/2025 05/05/25 | Price Changed | $500,000 | 0.0% | -- |
| 05/05/2025 05/05/25 | For Sale | $500,000 | 0.0% | -- |
| 04/16/2025 04/16/25 | Price Changed | $500,000 | 0.0% | -- |
| 04/16/2025 04/16/25 | For Sale | $500,000 | 0.0% | -- |
| 03/05/2025 03/05/25 | Price Changed | $500,000 | -9.1% | -- |
| 02/04/2025 02/04/25 | For Sale | $550,000 | +12.2% | -- |
| 02/24/2023 02/24/23 | Sold | $490,000 | -2.0% | -- |
| 02/24/2023 02/24/23 | Pending | -- | -- | -- |
| 02/24/2023 02/24/23 | For Sale | $500,000 | +127.3% | -- |
| 01/09/2019 01/09/19 | Sold | $220,000 | -7.9% | -- |
| 01/04/2019 01/04/19 | Price Changed | $239,000 | 0.0% | -- |
| 12/20/2018 12/20/18 | Pending | -- | -- | -- |
| 12/11/2018 12/11/18 | For Sale | $239,000 | 0.0% | -- |
| 11/29/2018 11/29/18 | Pending | -- | -- | -- |
| 11/19/2018 11/19/18 | For Sale | $239,000 | 0.0% | -- |
| 11/06/2018 11/06/18 | Pending | -- | -- | -- |
| 11/05/2018 11/05/18 | For Sale | $239,000 | 0.0% | -- |
| 10/25/2018 10/25/18 | Pending | -- | -- | -- |
| 10/23/2018 10/23/18 | For Sale | $239,000 | 0.0% | -- |
| 10/15/2018 10/15/18 | Pending | -- | -- | -- |
| 10/04/2018 10/04/18 | For Sale | $239,000 | 0.0% | -- |
| 09/28/2018 09/28/18 | Pending | -- | -- | -- |
| 09/10/2018 09/10/18 | For Sale | $239,000 | +119.3% | -- |
| 05/13/2016 05/13/16 | Sold | $109,000 | -22.1% | -- |
| 04/24/2016 04/24/16 | Pending | -- | -- | -- |
| 02/12/2016 02/12/16 | For Sale | $139,900 | +299.7% | -- |
| 01/03/2013 01/03/13 | Sold | $35,000 | -56.3% | -- |
| 12/21/2012 12/21/12 | Pending | -- | -- | -- |
| 11/07/2011 11/07/11 | For Sale | $80,000 | -- | -- |
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 | $1,252 | $9,948 | -- | -- |
| 2024 | $1,217 | $9,474 | -- | -- |
| 2023 | $1,217 | $29,510 | $5,900 | $23,610 |
| 2022 | $1,135 | $21,180 | $4,230 | $16,950 |
| 2021 | $1,125 | $15,970 | $3,190 | $12,780 |
| 2020 | $1,137 | $13,880 | $2,770 | $11,110 |
| 2019 | $1,125 | $11,800 | $2,360 | $9,440 |
| 2018 | $1,081 | $8,620 | $1,720 | $6,900 |
| 2017 | $1,094 | $7,710 | $1,540 | $6,170 |
| 2016 | $1,035 | $8,720 | $1,740 | $6,980 |
| 2015 | $967 | $12,230 | $2,440 | $9,790 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2025
Marcus Marshall
Uncommon Realty International
(888) 897-7821
1 in this area
8 Total Sales
-
Seller's Agent in 2023
Jason Hubbard
Real Broker
(480) 588-2281
2 in this area
81 Total Sales
-
Seller Co-Listing Agent in 2023
Len Nevin
Real Broker
(480) 500-8326
1 in this area
125 Total Sales
-
Buyer's Agent in 2023
Marty Recht
Second Avenue Realty
(602) 315-2056
1 in this area
15 Total Sales
-
Seller's Agent in 2019
Carlos Arellano
Equity Realty Group, LLC
(623) 340-8072
1 in this area
6 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6816640
APN: 147-25-009
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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