NOT LISTED FOR SALE

5927 W Crestwood Way Unit 1,2,3,4 Glendale, AZ 85301

Estimated Value: $517,000 - $727,000

-- Bed
4 Baths
760 Sq Ft
$824/Sq Ft Est. Value

Last Sold February 24, 2016

Last sale price $140,000 $184 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $3,474/month

112 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Individual Controls for Heating

About This Home

As of February 2016

Huge Price Reduction !!! 4-Plex !
CASH BUYERS ONLY !!! All Of The Units 2Bed/1Bath. 3 UNITS PAY $400.00/MONTHLY. ONE OF THE UNIT IS VACANT. RENT SHOULD BE INCREASED TO $675/EACH UNIT - AFTER REMODELING. GREAT INVESTMENT OPPORTUNITY. STUCCO OVER BLOCK CONSTRUCTION. DRIVE BY ONLY. GLENDALE LOCATION, CLOSE TO EVERYTHING! LONG TIME TENANTS PAY UNDER MARKET RENT.

Last Agent to Sell the Property

Garen Avanesyan

Realty ONE Group License #SA563260000 Listed on: 10/20/2015

Last Buyer's Agent

Todd Giefer

Realty85 License #SA551941000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,462

Year Built

  • Built in 1971

Lot Details

  • 0.33

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 4
  • Assessor Parcel Number 144-28-008

Community Details

Overview

  • 4 Units
  • Building Dimensions are 14340
  • Grandeaire Village Subdivision

Building Details

  • Operating Expense $1,462

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,462

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: 59TH AVE & CAMELBACK
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1971
  • Tax Year: 2014
  • Directions: 59th Ave N. from Camelback Rd. to Oregon Ave, W. to 59th Dr, S. to Crestwood, Way. to property.
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: GRANDEAIRE VILLAGE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Lot Info

  • Lot Size: 14340
  • Additional Parcels: No
  • Parcel #: 144-28-008

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1462.0
  • Vacancy Allowance Rate: 1.0

Tax Info

  • Tax Annual Amount: 1462.0
  • Tax Book Number: 144.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2025
Sold by
Vantran Allen
Bought by
5927 W Crestwood Way Llc
Current Estimated Value
$626,027

Purchase Details

Closed on
Aug 19, 2024
Sold by
Miramontes Jose Joel Flores and Castaneda Irma
Bought by
Vantran Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2015
Closed on
Feb 17, 2016
Sold by
Sarkissian Sarkis and Simonian Sevan
Bought by
Miramontes Jose Joel Flores and Castaneda Irma
Seller's Agent
Garen Avanesyan
Realty ONE Group
Buyer's Agent
Todd Giefer
Realty85
List Price
$162,500
Sold Price
$140,000
Premium/Discount to List
-$22,500
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.85%

Purchase Details

Closed on
Nov 15, 2004
Sold by
Sandu Laurentiu
Bought by
Sarkissian Sarkis and Simonian Sevan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,800
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2004
Sold by
Sarkissian Virgin
Bought by
Sarkissian Sarkis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,800
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2000
Sold by
Arredondo Aida
Bought by
Sandu Laurentiu

Purchase Details

Closed on
Oct 11, 2000
Sold by
Sandu Daniela P
Bought by
Sandu Laurentiu
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
5927 W Crestwood Way Llc -- None Listed On Document
Vantran Allen $675,000 None Listed On Document
Miramontes Jose Joel Flores $140,000 Old Republic Title Agency
Sarkissian Sarkis $221,000 Capital Title Agency Inc
Sarkissian Sarkis -- Capital Title Agency Inc
Sandu Laurentiu $139,000 Stewart Title & Trust
Sandu Laurentiu -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vantran Allen $506,250
Previous Owner Sarkissian Sarkis $176,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2016 02/24/16 Sold $140,000 -13.8% $184 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $162,500 -- $214 / 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 $1,702 $12,755 -- --
2024 $1,560 $12,148 -- --
2023 $1,560 $37,950 $7,590 $30,360
2022 $1,550 $28,170 $5,630 $22,540
2021 $1,531 $23,730 $4,740 $18,990
2020 $1,545 $21,360 $4,270 $17,090
2019 $1,528 $20,480 $4,090 $16,390
2018 $1,470 $18,360 $3,670 $14,690
2017 $1,485 $16,450 $3,290 $13,160
2016 $1,400 $13,960 $2,790 $11,170
2015 $1,299 $11,980 $2,390 $9,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5351061

Arizona Regional Multiple Listing Service (ARMLS)

APN: 144-28-008