NOT LISTED FOR SALE

6537 N 59th Dr Glendale, AZ 85301

Estimated Value: $269,061 - $431,000

-- Bed
-- Bath
1,151 Sq Ft
$326/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $167,500 $146 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,058/month

26 Days on Market

About This Home

As of March 2016

DO NOT DISTURB TENANTS. Great 4-PLEX in Great Rental Area in Glendale. Two, 2 BR, in each. Gas and Electric are metered individually. Lots of newer fixing up such as, paint, cabinets, flooring, counters, and showers. A great property in a great rental area. Another 4-Plex, 6601-03 N 59th Dr., just up the street, Also Being Offered. See MLS #5313633.

Last Agent to Sell the Property

Tom 'BIG T' Ross

Coldwell Banker Realty License #SA642903000 Listed on: 12/10/2015

Coldwell Banker Realty

Last Buyer's Agent

perry ferzoco

West USA Realty License #SA656811000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $599

Year Built

  • Built in 1951

Lot Details

  • 0.26

Home Design

  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 28
  • Assessor Parcel Number 144-11-070

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are .26 Acre
  • Neighbors Add Subdivision

Building Details

  • Operating Expense $1,199
  • Gross Income $26,500
  • Net Operating Income $26,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$599

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Cross Street: N. 59th Ave. and W. Maryland
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1951
  • Tax Year: 2014
  • Directions: West on Maryland to 59th Drive. Turn North to the property.
  • Road Surface Type: Concrete
  • Subdivision Name: NEIGHBORS ADD
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: .26 Acre
  • Additional Parcels: No
  • Parcel #: 144-11-070

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 26500.0
  • Property Net Operating Income: 26500.0
  • Annual Operating Expense: 1199.0

Tax Info

  • Tax Annual Amount: 599.0
  • Tax Book Number: 144.00
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2017
Sold by
Desmidt Donald E and Desmidt Michelle
Bought by
Desmidt Donald E and Desmidt Michelle M
Current Estimated Value
$375,515

Purchase Details

Listed on
Dec 10, 2015
Closed on
Feb 23, 2016
Sold by
Azcc Ft Llc
Bought by
Desmidt Donald E and Desmidt Michelle
Seller's Agent
Tom 'BIG T' Ross
Coldwell Banker Realty
Buyer's Agent
perry ferzoco
West USA Realty
List Price
$180,000
Sold Price
$167,500
Premium/Discount to List
-$12,500
-6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$125,625
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2013
Sold by
Whiterock Capital Inc
Bought by
Azcc Ft Llc

Purchase Details

Closed on
Mar 28, 2013
Sold by
Meissner Daniel Wayne
Bought by
Whiterock Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1996
Sold by
Meissner Raymond W and Meissner Gladys J
Bought by
Meissner Raymond W and Meissner Gladys J
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
Desmidt Donald E -- None Available
Desmidt Donald E $167,500 American Title Svc Agency Ll
Azcc Ft Llc -- None Available
Whiterock Capital Inc $57,000 American Title Service Agenc
Meissner Raymond W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desmidt Donald E $129,500
Closed Desmidt Donald E $129,500
Closed Desmidt Donald E $125,625
Previous Owner Whiterock Capital Inc $46,000
Previous Owner Ceccardi Jill Saint $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2016 03/29/16 Sold $167,500 -6.9% $146 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $180,000 -- $156 / 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 $694 $5,200 -- --
2024 $636 $4,952 -- --
2023 $636 $19,580 $3,910 $15,670
2022 $632 $15,080 $3,010 $12,070
2021 $624 $14,230 $2,840 $11,390
2020 $630 $12,050 $2,410 $9,640
2019 $623 $9,680 $1,930 $7,750
2018 $599 $8,750 $1,750 $7,000
2017 $605 $6,780 $1,350 $5,430
2016 $571 $5,550 $1,110 $4,440
2015 $530 $4,660 $930 $3,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5380772

Arizona Regional Multiple Listing Service (ARMLS)

APN: 144-11-070