NOT LISTED FOR SALE

6830 N 59th Ave Glendale, AZ 85301

Estimated Value: $398,000 - $551,000

-- Bed
-- Bath
1,130 Sq Ft
$418/Sq Ft Est. Value

Last Sold May 27, 2015

Last sale price $174,000 $154 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $2,618/month

21 Days on Market

Highlights

  • Cooling Available
  • Heating Available
  • 4-minute walk to Murphy Park

About This Home

As of May 2015

Fantastic investment opportunity to own a 4 plex in central Glendale with convenient access to shopping, entertainment and jobs. There are (2) units 2 bedrooms and 1 bathroom with a full kitchen and living room. There are (2) units 1 bedrooms and 1 bathroom with a full kitchen and living room.They also include covered parking at the rear of building and a fenced gate. Additional income from on site storage units. Please do not disturb the Tenants.

Last Agent to Sell the Property

Jeff Huff

Berkshire Hathaway HomeServices Arizona Properties License #SA629305000 Listed on: 04/07/2015

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Alejandro Sanchez

HomeSmart License #SA546000000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1988

Lot Details

  • 8,973

Home Design

  • Block Exterior

Parking

  • 10 Parking Spaces
  • 5 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Glendale American Elementary School
  • Glendale High Middle School
  • Glendale High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for landscaping
  • Legal Lot and Block 4 / 21
  • Assessor Parcel Number 144-10-031

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 8,960 sqf
  • Orchard Add Blk 20 21 22, & 38 39 40 Amd Subdivision

Building Details

  • Operating Expense $6,730
  • Net Operating Income $16,057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,180

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Cross Street: 59th Ave and Glendale
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI-FAMILY, M
  • Number Of Buildings: 2
  • Year Built: 1988
  • Tax Year: 2014
  • Directions: West on Glendale, South on 59th Dr, Second complex on right.
  • Road Surface Type: Concrete
  • Subdivision Name: ORCHARD ADD BLK 20-21-22, & 38-39-40 AMD
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1915.92

Schools

  • Elementary School: Glendale American School
  • High School: Glendale High School
  • Middle Or Junior School: Glendale High School

Lot Info

  • Lot Size: 8,960 sqf
  • Additional Parcels: No
  • Parcel #: 144-10-031

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 360.0
  • Insurance Expense: 1324.0
  • Maintenance Expense: 450.0
  • Property Net Operating Income: 16057.3
  • Annual Operating Expense: 6729.92
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1180.0
  • Tax Block: 21
  • Tax Book Number: 144.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2015
Closed on
Jun 2, 2015
Sold by
Hall Sean Tyler
Bought by
Weiser Johana
Seller's Agent
Jeff Huff
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Alejandro Sanchez
HomeSmart
List Price
$174,000
Sold Price
$174,000
Current Estimated Value
$472,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,410
Avg. Annual Appreciation
10.10%
Original Mortgage
$130,500
Outstanding Balance
$101,148
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$371,262

Purchase Details

Closed on
Jul 19, 2001
Sold by
Winter Frank B
Bought by
China Alain U and China Patty A

Purchase Details

Closed on
Sep 3, 1999
Sold by
Wahbeh George and Wahbeh Aida
Bought by
Hall Maureen Constance

Purchase Details

Closed on
Jun 12, 1998
Sold by
Aaron Properties Ltd
Bought by
Wahbeh George and Wahbeh Aida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 1998
Sold by
Younger Cindy R
Bought by
Younger James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1998
Sold by
Younger James A and Younger Adena M
Bought by
Aaron Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
7.06%
Mortgage Type
New Conventional
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
Weiser Johana $174,000 Empire West Title Agency
China Alain U $8,125 --
Hall Maureen Constance $170,000 First American Title
Wahbeh George $116,000 Grand Canyon Title Agency In
Younger James A -- Grand Canyon Title Agency In
Aaron Properties Ltd -- Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiser Johana $130,500
Previous Owner Wahbeh George $80,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2015 05/27/15 Sold $174,000 0.0% $154 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $174,000 -- $154 / 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 $1,369 $10,258 -- --
2024 $1,255 $9,769 -- --
2023 $1,255 $30,780 $6,150 $24,630
2022 $1,246 $23,380 $4,670 $18,710
2021 $1,231 $21,320 $4,260 $17,060
2020 $1,242 $18,810 $3,760 $15,050
2019 $1,229 $15,930 $3,180 $12,750
2018 $1,182 $14,580 $2,910 $11,670
2017 $1,195 $12,980 $2,590 $10,390
2016 $1,126 $10,780 $2,150 $8,630
2015 $1,045 $9,160 $1,830 $7,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5261885

Arizona Regional Multiple Listing Service (ARMLS)

APN: 144-10-031