$537,000
SOLD DEC 27, 2021 RENTED APR 15, 2025

5963 W Ocotillo Rd Glendale, AZ 85301

-- Bed
-- Bath
1,114 Sq Ft
1945 Built

Recently Sold

$482 Per Sq Ft

10% Below List Price

13 Days on Market

Highlights

  • Cooling Available
  • Heating Available
  • 4-minute walk to Lawrence Park
  • Ceramic Tile Flooring

About This Home

As of December 2021

This Ocotillo fourplex represents one of the few value add opportunities around. All units are vacant and the property is ready for immediate renovation. Renovated C class units are in very high demand in this area of Glendale. The property includes two parcels and is a large corner lot. The unit mix is two 1-bed and two 2-bed units. Each unit is individually metered for electricity and gas. Water is on a common meter. Each unit has a spacious back yard and large grassy area in front. There are washer/dryer hookups and individual covered carports. The lot is spacious with lush trees and landscaping. Located within half a mile from downtown Glendale and four miles from Westgate entertainment center, this is a... this is a high demand rental area. Proforma rents post renovation are $1,000 (1-bed) and $1,300 (2-bed).

Last Agent to Sell the Property

Mark Skelpsa

Blue Saguaro Commercial Realty, LLC License #SA642313000 Listed on: 09/06/2021

Last Buyer's Agent

Terry Kass

R.O.I. Properties License #BR503783000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,048

Year Built

  • Built in 1945

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Carport
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 144-11-036

Community Details

Overview

  • 4 Units
  • Building Dimensions are Unk
  • Glencroft Subdivision

Building Details

  • Operating Expense $1,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,048

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: Glendale Rd & 59th Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1945
  • Tax Year: 2021
  • Directions: South on 59th Ave West on Ocotillo to property
  • Road Surface Type: Asphalt
  • Subdivision Name: GLENCROFT
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit, On Street, Carport
  • 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 Features:Carport: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Irrigation, City Franchise
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: Unk
  • Additional Parcels: Yes
  • Parcel #: 144-11-036

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Operating Expense: 1048.0

Tax Info

  • Tax Annual Amount: 1048.0
  • Tax Book Number: 144.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Dec 27, 2021
Sold by
Carmela Toth Gabriella
Bought by
5963 Ocotillo Llc
Seller's Agent
Mark Skelpsa
Blue Saguaro Commercial Realty, LLC
Buyer's Agent
Terry Kass
R.O.I. Properties
List Price
$595,000
Sold Price
$537,000
Premium/Discount to List
-$58,000
-9.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.67%
Original Mortgage
$375,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2021
Closed on
Nov 30, 2021
Sold by
Eighty Eight Ranch Llc
Bought by
Toth Gabriella Carmela
Seller's Agent
Mark Skelpsa
Blue Saguaro Commercial Realty, LLC
Buyer's Agent
Terry Kass
R.O.I. Properties
List Price
$595,000
Sold Price
$537,000
Premium/Discount to List
-$58,000
-9.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2021
Sold by
Niner Corey
Bought by
Eighty Eight Ranch Llc
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 Type Sale Price Title Company
Special Warranty Deed -- New Title Company Name
Warranty Deed $537,000 Pioneer Title Agency Inc
Warranty Deed $320,000 Chicago Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $570,000 New Conventional
Closed $825,000 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $115,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Rented $1,550 0.0% --
04/04/2025 04/04/25 For Sale $999,000 0.0% --
03/25/2025 03/25/25 For Rent $1,550 0.0% --
12/27/2021 12/27/21 Sold $537,000 -9.7% $482 / Sq Ft
12/22/2021 12/22/21 For Sale $595,000 0.0% $534 / Sq Ft
12/22/2021 12/22/21 Price Changed $595,000 0.0% $534 / Sq Ft
10/13/2021 10/13/21 For Sale $595,000 0.0% $534 / Sq Ft
10/13/2021 10/13/21 Price Changed $595,000 0.0% $534 / Sq Ft
10/01/2021 10/01/21 Price Changed $595,000 0.0% $534 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/06/2021 09/06/21 For Sale $595,000 -- $534 / 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 $14 $104 $104 --
2024 $13 $99 $99 --
2023 $13 $560 $560 $0
2022 $13 $430 $430 $0
2021 $12 $390 $390 $0
2020 $13 $330 $330 $0
2019 $12 $270 $270 $0
2018 $12 $240 $240 $0
2017 $12 $210 $210 $0
2016 $11 $160 $160 $0
2015 $11 $150 $150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6290641

Arizona Regional Multiple Listing Service (ARMLS)

APN: 144-11-036