NOT LISTED FOR SALE

5937 W Oregon Ave Glendale, AZ 85301

Estimated Value: $372,027 - $643,000

-- Bed
-- Bath
2,818 Sq Ft
$195/Sq Ft Est. Value

Last Sold May 20, 2015

Last sale price $172,900 $61 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $3,043/month

77 Days on Market

About This Home

As of May 2015

Great investment opportunity with 4 plex block construction. All units occupied with great tenants. Please do not disturb tenants. All financial info and measurements to be verified by the buyer prior to close of escrow.

Last Agent to Sell the Property

Patty Ortega

Cornerstone Real Estate License #BR652879000 Listed on: 01/21/2015

Cornerstone Real Estate

Last Buyer's Agent

Arvle Knight

Transworld Business Advisors of Phoenix NE License #BR535084000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,266

Year Built

  • Built in 1964

Lot Details

  • 9,409

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • William C Jack Elementary And Middle School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, landscaping
  • Tax Lot 23
  • Assessor Parcel Number 144-28-027

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Grandaire Village Subdivision

Building Details

  • Gross Income $25,561
  • Net Operating Income $16,249

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,266

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Camelback Rd. & 59th Ave.
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: 0
  • Number Of Buildings: 1
  • Year Built: 1964
  • Tax Year: 2014
  • Directions: North to 59th Ave. West on Oregon to property
  • Road Surface Type: Sidewalk(s)
  • Subdivision Name: GRANDAIRE VILLAGE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, 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

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes

Fee Information

  • Annual Water Sewer Expense: 2280.0

Schools

  • Elementary School: William C Jack School
  • Middle Or Junior School: William C Jack School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 144-28-027

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 25561.34
  • Insurance Expense: 1336.0
  • Maintenance Expense: 2600.0
  • Property Net Operating Income: 16249.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1266.0
  • Tax Book Number: 144.00
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2016
Sold by
Baker Gregory T
Bought by
Longaevus Investments Llc
Current Estimated Value
$548,676

Purchase Details

Listed on
Jan 21, 2015
Closed on
May 15, 2015
Sold by
Castaneda Emilio and Castaneda Leonila
Bought by
Baker Gregory T
Seller's Agent
Patty Ortega
Cornerstone Real Estate
Buyer's Agent
Arvle Knight
Transworld Business Advisors of Phoenix NE
List Price
$189,900
Sold Price
$172,900
Premium/Discount to List
-$17,000
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.77%
Original Mortgage
$129,675
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2015
Closed on
May 5, 2015
Sold by
Lopez Cindy and Castaneda Joel
Bought by
Castaned Emilio and Castaneda Leonila
Seller's Agent
Patty Ortega
Cornerstone Real Estate
Buyer's Agent
Arvle Knight
Transworld Business Advisors of Phoenix NE
List Price
$189,900
Sold Price
$172,900
Premium/Discount to List
-$17,000
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,675
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2007
Sold by
Castaneda Joel
Bought by
Castaneda Emilio and Castaneda Leonila

Purchase Details

Closed on
Nov 1, 2006
Sold by
Castaneda Emilio and Castaneda Leonila
Bought by
Castaneda Joel

Purchase Details

Closed on
Mar 9, 2006
Sold by
Waialeale Clemente U and Waialeale Georgina R
Bought by
Castaneda Emilio and Castaneda Leonila

Purchase Details

Closed on
Apr 26, 2004
Sold by
Glen Park Properties Llc
Bought by
Waialeale Clement U and Waialeale Georgina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2001
Sold by
Priority Investments Inc
Bought by
Hyatt Clint and Hyatt Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Longaevus Investments Llc -- None Available
Baker Gregory T $172,900 American Title Svc Agency Ll
Castaned Emilio -- American Title Svc Agency Ll
Castaneda Emilio -- None Available
Castaneda Joel -- None Available
Castaneda Emilio $285,000 Camelback Title Agency Llc
Waialeale Clement U $202,000 Chicago Title Insurance Co
Hyatt Clint $160,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Gregory T $129,675
Previous Owner Waialeale Clement U $161,600
Previous Owner Hyatt Clint $128,000
Closed Hyatt Clint $32,000
Closed Waialeale Clement U $20,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2015 05/20/15 Sold $172,900 -9.0% $61 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $189,900 -- $67 / 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 $1,474 $11,040 -- --
2024 $1,350 $10,514 -- --
2023 $1,350 $32,830 $6,560 $26,270
2022 $1,342 $25,020 $5,000 $20,020
2021 $1,325 $20,620 $4,120 $16,500
2020 $1,337 $18,320 $3,660 $14,660
2019 $1,322 $17,930 $3,580 $14,350
2018 $1,272 $16,200 $3,240 $12,960
2017 $1,286 $14,410 $2,880 $11,530
2016 $1,212 $12,000 $2,400 $9,600
2015 $1,125 $10,420 $2,080 $8,340
Source: Public Records

Agents Affiliated with this Home

  • Patty Ortega

    Seller's Agent in 2015

    Patty Ortega

    Cornerstone Real Estate

    (602) 921-3605

    10 in this area

    36 Total Sales

    Patty Ortega
    Section Image

  • A

    Buyer's Agent in 2015

    Arvle Knight

    Transworld Business Advisors of Phoenix NE

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5224987

Arizona Regional Multiple Listing Service (ARMLS)

APN: 144-28-027

Arizona Maricopa County Glendale 85301

5937 W Oregon Ave, Glendale, AZ

This home is located at 5937 W Oregon Ave, Glendale, AZ 85301 since 21 January 2015 and is currently estimated at $548,676, approximately $194 per square foot. This property was built in 1964. 5937 W Oregon Ave is a home located in Maricopa County with nearby schools including William C Jack School, Independence High School, and Academy of Math & Science - Camelback.

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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