NOT LISTED FOR SALE

6742 W Palmaire Ave Glendale, AZ 85303

Estimated Value: $455,430 - $628,000

-- Bed
-- Bath
3,138 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $275,000 $88 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,981/month

9 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of April 2019

Looking for an Income property? Four units all with 2 beds and 1 bath each a shade under 800 sq ft. Each unit has its own private yard. Excellent cash flow! Kitchen, tile and paint upgrades over the last few years. All four units already rented out!

Last Agent to Sell the Property

Jose Llanes

Pak Home Realty License #SA669376000 Listed on: 03/01/2019

Pak Home Realty

Last Buyer's Agent

Stephanie Bates

DPR Realty LLC License #SA553943000

DPR Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,403

Year Built

  • Built in 1978

Lot Details

  • 7,449

Home Design

  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 143-28-087

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7466
  • Tang Gardens Subdivision

Building Details

  • Operating Expense $10,003
  • Gross Income $28,500
  • Net Operating Income $23,026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,403

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: 67th Ave and Glendale
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: r4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1978
  • Tax Year: 2018
  • Directions: On 67th and Glendale head North. Turn West onto Palmaire Ave
  • Road Surface Type: Asphalt
  • Subdivision Name: TANG GARDENS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, Street Parking
  • Attached Garage: No
  • 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:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: 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

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 3800.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 7466
  • Additional Parcels: No
  • Parcel #: 143-28-087

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 28500.0
  • Insurance Expense: 1800.0
  • Property Net Operating Income: 23026.0
  • Annual Operating Expense: 10003.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1403.0
  • Tax Book Number: 143.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2020
Sold by
Mendiola Lan David King and Mendiola Lanthom
Bought by
Palmaire Realty Llc
Current Estimated Value
$536,858

Purchase Details

Closed on
Feb 14, 2020
Sold by
Palmaire Realty Llc
Bought by
Mendiola David King and Mendiola Lanthorn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,850
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2019
Closed on
Apr 17, 2019
Sold by
Mendiola Ian David King and Mendiola Lanthom
Bought by
Palmaire Realty Llc
Seller's Agent
Jose Llanes
Pak Home Realty
Buyer's Agent
Stephanie Bates
DPR Realty LLC
List Price
$255,000
Sold Price
$275,000
Premium/Discount to List
$20,000
7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$206,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2019
Closed on
Mar 25, 2019
Sold by
Castro Irving and Castro Lorena
Bought by
Mendiola Ian David King and Mendiola Lanthom
Seller's Agent
Jose Llanes
Pak Home Realty
Buyer's Agent
Stephanie Bates
DPR Realty LLC
List Price
$255,000
Sold Price
$275,000
Premium/Discount to List
$20,000
7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2017
Closed on
Nov 30, 2017
Sold by
Anderson Mark and Anderson Carol
Bought by
Castro Irving and Castro Lorena
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Frances Alvarez
Barrett Real Estate
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%
Original Mortgage
$168,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2015
Closed on
Jan 27, 2016
Sold by
Anderson Carol
Bought by
Anderson Mark and Anderson Carol
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Rhonda Nikole Green
Barrett Real Estate
List Price
$209,900
Sold Price
$196,500
Premium/Discount to List
-$13,400
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$143,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2015
Closed on
Dec 28, 2015
Sold by
6742 Palmaire Llc
Bought by
Anderson Carol
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Rhonda Nikole Green
Barrett Real Estate
List Price
$209,900
Sold Price
$196,500
Premium/Discount to List
-$13,400
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2012
Closed on
Mar 7, 2013
Sold by
Acosta Edgar I
Bought by
6742 Palmaire Llc
Seller's Agent
Brickman Allen
Tradelands Realty
Buyer's Agent
Cinthya Sanchez
HomeSmart
List Price
$120,000
Sold Price
$90,000
Premium/Discount to List
-$30,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.66%

Purchase Details

Listed on
Oct 11, 2012
Closed on
Feb 25, 2013
Sold by
Flores Mari Cruz
Bought by
Acosta Edgar O
Seller's Agent
Brickman Allen
Tradelands Realty
Buyer's Agent
Cinthya Sanchez
HomeSmart
List Price
$120,000
Sold Price
$90,000
Premium/Discount to List
-$30,000
-25%

Purchase Details

Closed on
May 13, 2011
Sold by
Lanzafame Ignazio and Lanzafame Catalina
Bought by
Reltso Llc

Purchase Details

Closed on
Jun 1, 2005
Sold by
Grau Ronald and Grau Michel
Bought by
Lanzafame Ignazio and Lanzafame Catalina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,500
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2004
Sold by
Jc Realty Investments Llc
Bought by
Grau Ronald and Grau Michel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2002
Sold by
Mccall Harold R and Mccall Gloria
Bought by
Friedman Jared and Friedman James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 1996
Sold by
Martinetti Richard J and Martinetti Alice L
Bought by
Mccall Harold R and Mccall Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
7.82%
Mortgage Type
New Conventional
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
Palmaire Realty Llc -- None Available
Mendiola David King -- None Available
Palmaire Realty Llc -- None Available
Mendiola Ian David King $275,000 Lawyers Title Of Arizona Inc
Castro Irving $225,000 Empire West Title Agency Llc
Anderson Mark -- None Available
Anderson Carol -- First Arizona Title Agency
Anderson Carol $196,500 First Arizona Title Agency
6742 Palmaire Llc -- None Available
Acosta Edgar O -- Driggs Title Agency Inc
Acosta Edgar O $90,000 Driggs Title Agency Inc
Reltso Llc $72,000 None Available
Lanzafame Ignazio $274,000 Dhi Title Of Arizona Inc
Grau Ronald $232,500 Capital Title Agency Inc
Friedman Jared $162,000 First American Title Ins Co
Mccall Harold R $78,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendiola Ian David King $206,250
Previous Owner Castro Irving $168,750
Previous Owner Anderson Carol $143,250
Previous Owner Lanzafame Ignazio $205,500
Previous Owner Grau Ronald $186,000
Previous Owner Friedman Jared $129,600
Previous Owner Mccall Harold R $70,200
Closed Friedman Jared $32,400
Closed Grau Ronald $23,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $275,000 +7.8% $88 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
03/09/2019 03/09/19 For Sale $255,000 0.0% $81 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $255,000 +13.3% $81 / Sq Ft
12/04/2017 12/04/17 Sold $225,000 0.0% $72 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $225,000 +14.5% $72 / Sq Ft
01/29/2016 01/29/16 Sold $196,500 -6.4% $63 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $209,900 +133.2% $67 / Sq Ft
02/27/2013 02/27/13 Sold $90,000 -25.0% $29 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
10/10/2012 10/10/12 For Sale $120,000 -- $38 / 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 $1,625 $12,178 -- --
2024 $1,490 $11,598 -- --
2023 $1,490 $39,310 $7,860 $31,450
2022 $1,480 $28,260 $5,650 $22,610
2021 $1,461 $25,500 $5,100 $20,400
2020 $1,475 $23,160 $4,630 $18,530
2019 $1,459 $18,010 $3,600 $14,410
2018 $1,403 $14,700 $2,940 $11,760
2017 $1,418 $12,170 $2,430 $9,740
2016 $1,337 $12,010 $2,400 $9,610
2015 $1,240 $13,220 $2,640 $10,580
Source: Public Records

Agents Affiliated with this Home

  • Jose Llanes

    Seller's Agent in 2019

    Jose Llanes

    Pak Home Realty

    (623) 742-5915

    6 in this area

    42 Total Sales

    Jose Llanes
    Section Image
  • Stephanie Bates

    Buyer's Agent in 2019

    Stephanie Bates

    DPR Realty

    (602) 677-1506

    1 in this area

    78 Total Sales

    Stephanie Bates
    Section Image

  • J

    Seller's Agent in 2017

    James Stephens

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 672-3526

    4 in this area

    51 Total Sales

    James Stephens
    Section Image
  • Frances Alvarez

    Buyer's Agent in 2017

    Frances Alvarez

    Barrett Real Estate

    (602) 538-1566

    3 in this area

    26 Total Sales

    Frances Alvarez
    Section Image

  • F

    Buyer's Agent in 2017

    Francisca Alvarez

    DeLex Realty

  • Sophia Baron

    Seller's Agent in 2016

    Sophia Baron

    Grace CRE

    (480) 375-0227

    85 Total Sales

    Sophia Baron
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5890008

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-28-087

Arizona Maricopa County Glendale 85303

6742 W Palmaire Ave, Glendale, AZ

This home is located at 6742 W Palmaire Ave, Glendale, AZ 85303 since 01 March 2019 and is currently estimated at $536,858, approximately $171 per square foot. This property was built in 1978. 6742 W Palmaire Ave is a home located in Maricopa County with nearby schools including Desert Spirit and Glendale High 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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