NOT LISTED FOR SALE

5816 W Myrtle Ave Glendale, AZ 85301

Estimated Value: $291,000 - $499,000

-- Bed
1 Bath
1,344 Sq Ft
$279/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $157,250 $117 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,056/month

1 Day on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available

About This Home

As of February 2020

Nice duplex with 2017 roof, new rock in yard, one A/C unit replaced 2019, enclosed utility room and storage in back. Both units have long term tenants.

Last Agent to Sell the Property

Deborah Wells

HomeSmart License #SA669790000 Listed on: 01/22/2020

HomeSmart

Last Buyer's Agent

Deborah Wells

HomeSmart License #SA669790000 Listed on: 01/22/2020

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $733

Year Built

  • Built in 1986

Lot Details

  • 7,057

Home Design

  • Composition Roof

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Paved Parking

Schools

  • Glendale Landmark Middle School
  • Glendale High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 10 / 2
  • Assessor Parcel Number 147-23-022

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7036
  • Catlin Court Blk 13 15, 18 20 Subdivision

Building Details

  • Operating Expense $2,213
  • Gross Income $15,000
  • Net Operating Income $12,787

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$733

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: 59th Ave. & Glendale Ave.
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Subdivision Name: CATLIN COURT BLK 13-15, 18-20
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Appliances: Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: See Remarks
  • Roof: Composition
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: 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:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Water Sewer Expense: 960.0

Schools

  • Elementary School: Glendale Landmark Middle School
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Glendale Landmark Middle School

Lot Info

  • Lot Size: 7036
  • Additional Parcels: No
  • Parcel #: 147-23-022

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 15000.0
  • Insurance Expense: 520.0
  • Property Net Operating Income: 12787.0
  • Annual Operating Expense: 2213.0

Tax Info

  • Tax Annual Amount: 733.0
  • Tax Block: 2
  • Tax Book Number: 147.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 11, 2020
Sold by
Hoing Gregory A and Wells Deborah L
Bought by
Equity Trust Custodian
Seller's Agent
Deborah Wells
HomeSmart
Buyer's Agent
Deborah Wells
HomeSmart
List Price
$165,000
Sold Price
$157,250
Premium/Discount to List
-$7,750
-4.7%
Total Days on Market
1
Current Estimated Value
$374,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,359
Avg. Annual Appreciation
18.91%

Purchase Details

Closed on
Jun 26, 2018
Sold by
Hoing Gregory A
Bought by
Hoing Gregory A and Wells Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jun 26, 2017
Sold by
Hoing Gregory
Bought by
Wells Deborah and Hoing Gregory
Seller's Agent
Patrick Halpine
My Home Group Real Estate
Buyer's Agent
Patrick Halpine
My Home Group Real Estate
List Price
$140,000
Sold Price
$135,500
Premium/Discount to List
-$4,500
-3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.33%

Purchase Details

Listed on
Mar 20, 2017
Closed on
Jun 20, 2017
Sold by
Robinson Robert G and Robinson Glynnis A
Bought by
Hoing Gregory
Seller's Agent
Patrick Halpine
My Home Group Real Estate
Buyer's Agent
Patrick Halpine
My Home Group Real Estate
List Price
$140,000
Sold Price
$135,500
Premium/Discount to List
-$4,500
-3.21%
Source: Public Records

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Range of Values:

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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
Equity Trust Custodian $157,250 Equity Title Agency Inc
Hoing Gregory A -- Lawyers Title Of Arizona Inc
Wells Deborah -- None Available
Hoing Gregory $135,300 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoing Gregory A $103,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $157,250 -10.1% $117 / Sq Ft
01/22/2020 01/22/20 Price Changed $175,000 +6.1% $130 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $165,000 +21.8% $123 / Sq Ft
06/21/2017 06/21/17 Sold $135,500 -3.2% $101 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $140,000 -- $104 / 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 $817 $6,123 -- --
2024 $749 $5,832 -- --
2023 $749 $21,030 $4,200 $16,830
2022 $744 $15,100 $3,020 $12,080
2021 $735 $14,310 $2,860 $11,450
2020 $742 $13,280 $2,650 $10,630
2019 $733 $10,150 $2,030 $8,120
2018 $706 $7,550 $1,510 $6,040
2017 $713 $6,030 $1,200 $4,830
2016 $672 $5,870 $1,170 $4,700
2015 $624 $6,230 $1,240 $4,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6026511

Arizona Regional Multiple Listing Service (ARMLS)

APN: 147-23-022