NOT LISTED FOR SALE

6725 W Myrtle Ave Glendale, AZ 85303

Estimated Value: $634,000 - $672,526

Studio
-- Bath
2,760 Sq Ft
$239/Sq Ft Est. Value

Sale Details

Date Sold: January 7, 2025

Last sale price $695,000 $252 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,699 / mo

22 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Central Heating

About This Home

As of January 2025

Great Value Opportunity available in Glendale!!! Block constructed 4-plex. All units are 2-bed/1 bath. Each unit is individually metered for electricity and gas. Laundry room on building. All units were remodeled, and roof was recoated in 2022. All A/C units are new and in good working condition. ALL UNITS ARE FULLY OCCUPIED. The property is located in the heart of Glendale and only 3.8 miles from Westgate. Close to shopping, dining, and entertainment.

Last Agent to Sell the Property

James Andrews

My Home Group Real Estate License #SA534379000 Listed on: 11/08/2024

My Home Group Real Estate

Last Buyer's Agent

Enrique Audeves

My Home Group Real Estate License #SA668464000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1980

Lot Details

  • 7,405

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Free Parking
  • Paved Parking
  • Assigned Parking

Schools

  • Foothills Elementary School - Glendale
  • Glendale High Middle School
  • Glendale High School

Utilities

  • Cooling Available
  • Central Heating
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, water, sewer, cable TV
  • The owner pays for electricity, trash collection, water, sewer, landscaping
  • Tax Lot 5
  • Assessor Parcel Number 143-28-081

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7423
  • Tang Gardens Subdivision

Building Details

  • Operating Expense $4,006
  • Gross Income $66,600
  • Net Operating Income $66,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,506

Year Built

Built in 1980

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Cross Street: Glendale & 67th Ave
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: TANG GARDENS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Slump Block
  • Roof: Rolled/Hot Mop
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Paved Parking, Free, Assigned, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Individual
  • Heating: Other, Individual, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

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

Lot Info

  • Lot Size: 7423
  • Additional Parcels: No
  • Parcel #: 143-28-081

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 66600.0
  • Insurance Expense: 2500.0
  • Property Net Operating Income: 66600.0
  • Annual Operating Expense: 4006.0

Tax Info

  • Tax Annual Amount: 1506.0
  • Tax Book Number: 143.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Dec 19, 2024
Sold by
Arcozona Investments Llc
Bought by
Yanez Adalberto Leon
Seller's Agent
James Andrews
My Home Group Real Estate
Buyer's Agent
Enrique Audeves
My Home Group Real Estate
List Price
$695,000
Sold Price
$695,000
Views
3
Current Estimated Value
$659,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,618
Avg. Annual Appreciation
-3.74%
Original Mortgage
$250,000
Outstanding Balance
$247,305
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$412,077

Purchase Details

Listed on
Mar 26, 2023
Closed on
Apr 6, 2023
Sold by
Black Canyon Equity Llc
Bought by
Arcozona Investments Llc
Seller's Agent
Juan Grimaldo
Keller Williams Realty Elite
Buyer's Agent
Justin Titus
My Home Group Real Estate
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$465,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2022
Closed on
Dec 16, 2022
Sold by
Cabral-Dearmas Lucia
Bought by
Valley Property Group Llc
Seller's Agent
Ruby Graf
Century 21 Arizona Foothills
Buyer's Agent
Ruby Graf
Century 21 Arizona Foothills
List Price
$580,000
Sold Price
$470,000
Premium/Discount to List
-$110,000
-18.97%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
158.59%
Original Mortgage
$469,800
Interest Rate
6.61%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Yanez Adalberto Leon $695,000 Title Services Of The Valley
Arcozona Investments Llc $620,000 First American Title Insurance
Black Canyon Equity Llc $625,000 First American Title Insurance
Valley Property Group Llc $470,000 Pioneer Title Services
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Yanez Adalberto Leon $250,000
Previous Owner Arcozona Investments Llc $465,000
Previous Owner Valley Property Group Llc $469,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2025 01/07/25 Sold $695,000 0.0% $252 / Sq Ft
11/30/2024 11/30/24 Pending -- -- --
11/08/2024 11/08/24 For Sale $695,000 +11.2% $252 / Sq Ft
04/06/2023 04/06/23 Sold $625,000 -3.7% $226 / Sq Ft View Prior Sale
03/28/2023 03/28/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $649,000 +38.1% $235 / Sq Ft
12/16/2022 12/16/22 Sold $470,000 -10.5% $170 / Sq Ft View Prior Sale
12/02/2022 12/02/22 Pending -- -- --
12/02/2022 12/02/22 Price Changed $525,000 -9.5% $190 / Sq Ft
12/02/2022 12/02/22 For Sale $580,000 -- $210 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,565 $11,280 -- --
2024 $1,380 $10,743 -- --
2023 $1,380 $36,350 $7,270 $29,080
2022 $1,371 $26,080 $5,210 $20,870
2021 $1,354 $23,650 $4,730 $18,920
2020 $1,366 $21,510 $4,300 $17,210
2019 $1,351 $16,650 $3,330 $13,320
2018 $1,300 $13,510 $2,700 $10,810
2017 $1,314 $11,210 $2,240 $8,970
2016 $1,238 $11,060 $2,210 $8,850
2015 $1,149 $12,110 $2,420 $9,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6781911

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-28-081

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