NOT LISTED FOR SALE

6739 N 61st Ave Glendale, AZ 85301

Estimated Value: $311,000 - $568,000

-- Bed
4 Baths
-- Sq Ft
8,973 Sq Ft Lot

Last Sold August 11, 2016

Last sale price $186,000

Est. 144% increase in value since last sale

Current estimated payment $2,523/month

Highlights

  • Multiple cooling system units
  • Multiple Heating Units
  • 3-minute walk to Lawrence Park
  • Ceramic Tile Flooring

About This Home

As of August 2016

Nice opportunity in Glendale! House plus a triplex on one lot = Residential Financing!!! Bring your tools, needs mainly cosmetic repairs throughout all units. All 2 bedroom units. Nice neighborhood too! Stays full!!! Buyer to verify all items during the due diligence period.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 08/01/2016

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

Larry Wright

DeLex Realty License #SA031068000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,070

Year Built

  • Built in 1973

Lot Details

  • 8,973

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 22 / 40
  • Assessor Parcel Number 144-10-159

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are irr
  • Orchard Add Blk 20 21 22, & 38 39 40 Amd Subdivision

Building Details

  • Operating Expense $6,683
  • Net Operating Income $17,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,070

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Glendale/Grand Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2015
  • Directions: West on Glendale to 61st Ave, North to property.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Subdivision Name: ORCHARD ADD BLK 20-21-22, & 38-39-40 AMD
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition, Built-Up
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • 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: APS, Individual Meter
  • Cooling: 2 or More Units, Individual, Heat Pump, Electric
  • Heating: Individual, Heat Pump, 2 or More Units, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2760.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 144-10-159

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 853.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 17485.0
  • Annual Operating Expense: 6683.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1070.0
  • Tax Block: 40
  • Tax Book Number: 144.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Aug 9, 2016
Sold by
Morales Gabriel and Morales Sylvia Michelle
Bought by
Wilson Kenneth
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Larry Wright
DeLex Realty
List Price
$186,000
Sold Price
$186,000
Current Estimated Value
$453,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,826
Avg. Annual Appreciation
10.20%
Original Mortgage
$133,000
Outstanding Balance
$106,119
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$347,707

Purchase Details

Closed on
Sep 15, 2006
Sold by
Morales Sylvia Michelle and Morales Michelle
Bought by
Morales Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2004
Sold by
Navarro Lauro Gil
Bought by
Morales Gabriel and Morales Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2002
Sold by
Reyes Maria C
Bought by
Navarro Lauro Gil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,851
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 1996
Sold by
Rosenthal Josef H and Rosenthal Julie A
Bought by
Reyes Maria C
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
Wilson Kenneth $186,000 Chicago Title Agency Inc
Morales Gabriel -- American Title Svc Agency Ll
Morales Gabriel $180,000 First American Title Ins Co
Navarro Lauro Gil $172,000 Fidelity National Title
Reyes Maria C $72,500 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Kenneth $133,000
Previous Owner Morales Gabriel $175,000
Previous Owner Morales Gabriel $144,000
Previous Owner Navarro Lauro Gil $165,851
Closed Morales Gabriel $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2016 08/11/16 Sold $186,000 0.0% --
08/01/2016 08/01/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $186,000 -- --
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 $1,402 $10,506 -- --
2024 $1,285 $10,006 -- --
2023 $1,285 $35,870 $7,170 $28,700
2022 $1,277 $27,600 $5,520 $22,080
2021 $1,261 $24,480 $4,890 $19,590
2020 $1,273 $20,620 $4,120 $16,500
2019 $1,259 $17,170 $3,430 $13,740
2018 $1,211 $15,500 $3,100 $12,400
2017 $1,223 $13,810 $2,760 $11,050
2016 $1,153 $11,450 $2,290 $9,160
2015 $1,070 $9,960 $1,990 $7,970
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2016

    Lois Kaipainen

    Income Property Shop

    Section Image
  • Larry Wright

    Buyer's Agent in 2016

    Larry Wright

    DeLex Realty

    (602) 264-8400

    Larry Wright
    Section Image

  • L

    Buyer's Agent in 2016

    Lawrence Wright

    Better Homes & Gardens Real Estate SJ Fowler

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5482915

Arizona Regional Multiple Listing Service (ARMLS)

APN: 144-10-159

Arizona Maricopa County Glendale 85301

6739 N 61st Ave, Glendale, AZ

This home is located at 6739 N 61st Ave, Glendale, AZ 85301 since 01 August 2016 and is currently estimated at $453,826. This property was built in 1973. 6739 N 61st Ave is a home located in Maricopa County with nearby schools including Harold W Smith School, Glendale High School, and Grace Lutheran School.

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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