NOT LISTED FOR SALE

5525 W Glendale Ave Glendale, AZ 85301

-- Bed
-- Bath
5,998 Sq Ft
6,887 Sq Ft Lot

Last Sold July 31, 2023

Last sale price $1,075,000 $179 Per Sq Ft

321 Days on Market

Highlights

  • Gated Community
  • Display Windows
  • Central Air
  • Community Kitchen
  • Ceramic Tile Flooring

About This Home

As of July 2023

Amazing opportunity! Great commercial properties nestled on a premium corner lot in downtown Glendale! Discover vaulted ceilings with exposed beams, wood flooring, and welcoming receiving areas. Four suites separately metered. In each suite is unique, in some you will find offices, conference rooms, kitchenette, private restrooms, all designed for each client's need, Below you'll find 1800 sq ft if basement which is perfect for a storage room and split in 1/2 with rental income on half. Long term anchor tenant in unit 101 with high upgrades, an established clientele that brings in traffic. Restaurants, shops and entertainment are just a few feet away in the center of town.

Last Agent to Sell the Property

Rodica Bartels

Century 21 Northwest License #BR507907000 Listed on: 07/01/2022

Century 21 Northwest

Co-Listed By

John Crow

Century 21 Northwest License #SA635202000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,232

Year Built

  • Built in 2005

Lot Details

  • 6,887 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned C-2

Home Design

  • Brick Exterior Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 5,998 Sq Ft Home
  • Display Windows

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces
  • Private Parking
  • Free Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 146-02-133-A

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are Irregular
  • Park Addn Blks 26 28, 7 15 Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • Operating Expense $15,023
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$9,232

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: 59th Ave and Glendale
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 2
  • Year Built: 2005
  • Tax Year: 2021
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: cere10
  • Subdivision Name: PARK ADDN BLKS 26-28, 7-15
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl

Exterior Features

  • Fencing: Block
  • Construction Type: Stucco, Brick
  • Roof: Metal
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), Private Parking, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Free: Yes
  • Parking:Other (See Remarks)24: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Green Building Features: Conference Room, Reception Room, Kitchen, Security Gate, Display Window(s)
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Display Window(s): Yes
  • Amenities:Security Gate: Yes

Fee Information

  • Annual Water Sewer Expense: 1400.88

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 6887.0
  • Parcel #: 146-02-133-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 1734.24
  • Insurance Expense: 856.0
  • Annual Operating Expense: 15023.12

Tax Info

  • Tax Annual Amount: 9232.0
  • Tax Book Number: 146.00
  • Tax Lot: 22
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 31, 2023
Sold by
Revocable Living Trust
Bought by
Ayala Realty Llc
Seller's Agent
Rodica Bartels
Century 21 Northwest
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,200,000
Sold Price
$1,075,000
Premium/Discount to List
-$125,000
-10.42%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Outstanding Balance
$431,701
Interest Rate
6.69%

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 20, 2023
Sold by
Revocable Living Trust Of Yvonne J Knaac and Knaack Yvonne J
Bought by
Ayala Realty Llc
Seller's Agent
Rodica Bartels
Century 21 Northwest
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,200,000
Sold Price
$1,075,000
Premium/Discount to List
-$125,000
-10.42%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Outstanding Balance
$431,701
Interest Rate
6.69%

Purchase Details

Closed on
May 23, 2022
Sold by
Knaack David A and Knaack Yvonne J
Bought by
Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ayala Realty Llc $1,075,000 Wfg National Title Insurance C
Ayala Realty Llc $1,075,000 Wfg National Title Insurance C
Revocable Living Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Realty Llc $442,000
Closed Ayala Realty Llc $537,500
Closed Ayala Realty Llc $442,000
Closed Ayala Realty Llc $537,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $1,075,000 -10.4% $179 / Sq Ft
07/25/2023 07/25/23 Price Changed $1,200,000 0.0% $200 / Sq Ft
05/23/2023 05/23/23 Price Changed $1,200,000 0.0% $200 / Sq Ft
05/23/2023 05/23/23 For Sale $1,200,000 0.0% $200 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
07/01/2022 07/01/22 For Sale $1,200,000 -- $200 / 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 $9,488 $68,388 -- --
2024 $8,888 $67,167 -- --
2023 $8,888 $108,375 $14,348 $94,027
2022 $9,090 $85,698 $10,290 $75,408
2021 $9,232 $91,692 $9,720 $81,972
2020 $9,319 $86,904 $9,882 $77,022
2019 $9,216 $71,370 $9,108 $62,262
2018 $8,867 $68,274 $7,974 $60,300
2017 $8,959 $52,074 $7,740 $44,334
2016 $9,255 $54,342 $6,408 $47,934
2015 $9,995 $64,843 $5,106 $59,737
Source: Public Records

Agents Affiliated with this Home

  • Rodica Bartels

    Seller's Agent in 2023

    Rodica Bartels

    Century 21 Northwest

    (602) 448-5228

    20 in this area

    212 Total Sales

    Rodica Bartels
    Section Image
  • John Crow

    Seller Co-Listing Agent in 2023

    John Crow

    Century 21 Northwest

    (623) 556-6170

    17 in this area

    193 Total Sales

    John Crow
    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6427568

Arizona Regional Multiple Listing Service (ARMLS)

APN: 146-02-133A

Arizona Maricopa County Glendale 85301

5525 W Glendale Ave, Glendale, AZ

Not Listed for Sale

Other

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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