NOT LISTED FOR SALE

5810 N 59th Ave Glendale, AZ 85301

Estimated Value: $282,435 - $905,000

3.53 Acres
$131,546 Price per Acre
153,767 Sq Ft Lot

Last Sold July 16, 2021

Last sale price $800,000

Est. 42% decrease in value since last sale

Current estimated payment $2,511/month

77 Days on Market

About This Lot

As of July 2021

City approved zoning and design ready to go for a 33 unit modern apartment development. Developers can simply give architect the go ahead to finish construction docs and start building in just a few months. Fantastic rental area, with almost zero lease up time. Gated, all 2 BR/2 BA design with washer dryer, individually metered, and nice sized balcony's accessible from both the living room and master bedroom. There are four (4) identical 8-plex buildings, easy and efficient build out. Cash sale preferred. Open to negotiation on JV with some cash down. R-4 zoning allows for up to 70 units to be built (20 units/acre) should owner wish to do a different layout than currently designed and City of Glendale approval is obtained. Parking spaces of 2.3/unit.

Last Agent to Sell the Property

Carrick Sears

SVN/Desert Commercial Advisors License #BR633405000 Listed on: 02/17/2021

SVN/Desert Commercial Advisors

Last Buyer's Agent

Carrick Sears

SVN/Desert Commercial Advisors License #BR633405000 Listed on: 02/17/2021

SVN/Desert Commercial Advisors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,927

Lot Details

  • 3.53 Acre Lot
  • 5 Lots in the community
  • Additional Parcels
  • Property is zoned R-4

Additional Homes

  • Residence on Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 144-30-008-C

Property Details

Property Type

Land

Est. Annual Taxes

$3,927

Lot Details

0

Listing Details

  • Cross Street: 59th Ave & Bethany Home
  • Legal Info Range: 2E
  • Property Type: Land
  • Development Status: Raw Land, Plans Available, Plans Included
  • Zoning: R-4
  • Tax Year: 2020
  • Lot Size Acres: 3.53
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Lot Features: Dual Street Ftg
  • Disclosures: None
  • Other Structures: Residence

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 195 feet x 715 feet roughly
  • Lot Size Sq Ft: 153766.0
  • Number Of Lots: 5
  • Additional Parcels: Yes
  • Parcel #: 144-30-008-C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3927.0
  • Tax Book Number: 144.00
  • Tax Lot: -
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2014
Sold by
Giallaza Thomas J
Bought by
Moreno Juan Saul
Current Estimated Value
$464,359

Purchase Details

Closed on
Dec 8, 2008
Sold by
Orgill Marjorie Michelle
Bought by
Arizona Valuations Llc

Purchase Details

Closed on
Mar 28, 2007
Sold by
Orgill Marjorie Michelle
Bought by
Orgill Marjorie Michelle

Purchase Details

Closed on
Jan 23, 2007
Sold by
Orgill Marjorie Michelle
Bought by
The City Of Glendale

Purchase Details

Closed on
Jun 9, 2006
Sold by
Petersen Jeffrey
Bought by
Orgill Marjorie Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.55%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 5, 2006
Sold by
Estes Frank H
Bought by
Orgill Marjorie Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
6.55%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 31, 2003
Sold by
Jones Gordon L and Jones Barbara A
Bought by
Estes Frank H

Purchase Details

Closed on
Sep 14, 2000
Sold by
Estate Of Robert F Barkley and Barkley Thomas M
Bought by
Jones Gordon L and Jones Barbara A

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
7.88%
Mortgage Type
New Conventional
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
Moreno Juan Saul $76,000 North American Title Company
Arizona Valuations Llc -- None Available
Orgill Marjorie Michelle -- Premier Title Group Maricopa
Orgill Marjorie Michelle -- Premier Title Group Maricopa
The City Of Glendale -- None Available
Orgill Marjorie Michelle -- Premier Title Group Maricopa
Orgill Marjorie Michelle $513,000 Premier Title Group Maricopa
Estes Frank H $250,000 Lawyers Title Of Arizona Inc
Jones Gordon L $130,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orgill Marjorie Michelle $510,000
Previous Owner Jones Gordon L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $800,000 +0.6% --
05/04/2021 05/04/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $795,000 -- --
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 $955 $6,886 -- --
2024 $842 $6,558 -- --
2023 $842 $22,210 $4,440 $17,770
2022 $837 $17,510 $3,500 $14,010
2021 $826 $17,530 $3,500 $14,030
2020 $834 $14,920 $2,980 $11,940
2019 $825 $13,620 $2,720 $10,900
2018 $794 $12,150 $2,430 $9,720
2017 $802 $9,000 $1,800 $7,200
2016 $756 $8,170 $1,630 $6,540
2015 $701 $7,010 $1,400 $5,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6195133

Arizona Regional Multiple Listing Service (ARMLS)

APN: 144-30-008E