NOT LISTED FOR SALE

6846 N 81st Ln Unit 40 Glendale, AZ 85303

Estimated Value: $249,000 - $263,000

2 Beds
2 Baths
1,096 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 08, 2013

Last sale price $64,500 $59 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $1,405/month

114 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Grass Covered Lot
  • Dual Vanity Sinks in Primary Bathroom
  • Wood Fence
  • Heating Available

About This Home

As of March 2013

Investor Dream. Cash flow immediately. The tenants are paying $663 a month and have a one year lease ending in October 2013. Do the math...9.50% Returns. No HOA, completely renovated, new appliances with warranties, rocked backyard, large shed, Garage, tile floors throughout, new ceiling fans, upgraded Patio, master bathroom with large remodeled Shower and double sinks, large master walk in closet, and much more!

Last Agent to Sell the Property

Jonathon Silva

HomeSmart License #SA641024000 Listed on: 11/10/2012

Last Buyer's Agent

Han Chau

HomeSmart License #SA631162000

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $359

Year Built

  • Built in 1984

Lot Details

  • 1,494 Sq Ft Lot
  • Desert faces the back of the property
  • Wood Fence
  • Grass Covered Lot

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,096 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Schools

  • Discovery Elementary School
  • Glendale Landmark Middle School
  • Independence High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Lacasa Bonita Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 102-05-136-A

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$359

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Cross Street: glendale/81st LN
  • Legal Info Range: 1E
  • Property Type: Residential
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 1.0
  • Year Built: 1984
  • Tax Year: 2011
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.03
  • Subdivision Name: Lacasa Bonita
  • Efficiency: Multi-Pane Wndws
  • Tax Parcel Letter: A
  • ResoBuildingAreaSource: Assessor
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Double Vanity, Full Bth Master Bdrm
  • Living Area: 1096.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features:Disposal2: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Fencing: Wood
  • Lot Features: Desert Back, Grass Front
  • Pool Features: None
  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Garage Spaces: 1.0
  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Discovery School
  • High School: Independence High School
  • Middle Or Junior School: Glendale Landmark Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1494.0
  • Parcel #: 102-05-136-A
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 358.74
  • Tax Book Number: 102.00
  • Tax Lot: 40
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2012
Closed on
Feb 19, 2013
Sold by
Vukanovic Mark
Bought by
Chau Investments Llc
Seller's Agent
Jonathon Silva
HomeSmart
Buyer's Agent
Han Chau
HomeSmart
List Price
$76,500
Sold Price
$64,500
Premium/Discount to List
-$12,000
-15.69%
Current Estimated Value
$254,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,375
Avg. Annual Appreciation
11.50%

Purchase Details

Listed on
Apr 18, 2012
Closed on
Sep 19, 2012
Sold by
Vukanovich Kristina
Bought by
Vukanovich Mark
Seller's Agent
Patty Rief
My Home Group Real Estate
Buyer's Agent
Jonathon Silva
HomeSmart
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
258.15%

Purchase Details

Closed on
Jun 17, 2002
Sold by
Rascon Manuel T and Rascon Silvia S
Bought by
Lopez Telesforo and Lopez Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
6.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 2002
Sold by
Raiford Alice M
Bought by
Rascon Manuel T and Rascon Silvia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
6.74%
Mortgage Type
Seller Take Back
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
Chau Investments Llc $64,500 First American Title Ins Co
Vukanovich Mark -- Lawyers Title Of Arizona Inc
Vukanovich Mark $30,000 Lawyers Title Of Arizona Inc
Lopez Telesforo $69,750 American Title Ins Agency
Rascon Manuel T $58,000 American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Telesforo $69,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2013 03/08/13 Sold $64,500 -5.1% $59 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
02/07/2013 02/07/13 Price Changed $67,994 0.0% $62 / Sq Ft
01/16/2013 01/16/13 Price Changed $67,995 -2.2% $62 / Sq Ft
11/27/2012 11/27/12 Price Changed $69,500 -0.6% $63 / Sq Ft
11/21/2012 11/21/12 Price Changed $69,900 -8.6% $64 / Sq Ft
11/19/2012 11/19/12 Price Changed $76,450 -0.1% $70 / Sq Ft
11/10/2012 11/10/12 For Sale $76,500 +155.0% $70 / Sq Ft
07/31/2012 07/31/12 Sold $30,000 0.0% $27 / Sq Ft View Prior Sale
04/18/2012 04/18/12 For Sale $30,000 -- $27 / 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 $651 $4,874 -- --
2024 $596 $4,642 -- --
2023 $596 $17,130 $3,420 $13,710
2022 $592 $12,850 $2,570 $10,280
2021 $585 $11,820 $2,360 $9,460
2020 $590 $10,410 $2,080 $8,330
2019 $584 $7,820 $1,560 $6,260
2018 $562 $6,580 $1,310 $5,270
2017 $568 $5,800 $1,160 $4,640
2016 $532 $6,070 $1,210 $4,860
2015 $497 $5,250 $1,050 $4,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4848242

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-05-136A