NOT LISTED FOR SALE

7018 N 68th Dr Glendale, AZ 85303

Estimated Value: $491,000 - $519,000

-- Bed
-- Bath
2,485 Sq Ft
$204/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $279,568 $113 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,837/month

81 Days on Market

About This Home

As of June 2020

We are pleased to announce Glen West Estates. These are very nice units with private yards. These units are all two bedroom one bath units. All units are fully rented with long term tenants below market rents at 600. All tenants are on a month to month lease. Current market rents are at 800-850. All units have covered parking and central air conditioning. You must buy 7014 n 68th Dr next for $295,000 for total of $590,000. Being currently sold as is.
All facts and figures are approximate buyer verify MLS information. Drive by only tenants are unaware of sale.

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000 Listed on: 02/24/2020

Co-Listed By

Joshua Willets

Grace CRE License #BR675965000

Last Buyer's Agent

Corey Wilson

HomeSmart License #SA679809000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,479

Year Built

  • Built in 1971

Lot Details

  • 7,405

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces

Schools

  • Desert Spirit Elementary And Middle School
  • Glendale High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 143-28-012

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7187
  • Glen West Estates Subdivision

Building Details

  • Operating Expense $8,658
  • Gross Income $29,070
  • Net Operating Income $20,355

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,479

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: 67TH. AVE. / GLENDALE
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2019
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Co List Office Mls Id: grcr001
  • Co List Office Phone: 602-758-9981
  • Subdivision Name: GLEN WEST ESTATES
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Other (See Remarks)24: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 1000.0
  • Annual Water Sewer Expense: 1500.0

Schools

  • Elementary School: Desert Spirit
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Desert Spirit

Lot Info

  • Lot Size: 7187
  • Additional Parcels: No
  • Parcel #: 143-28-012

Multi Family

  • Owner Pays: Other
  • Tenant Pays: See Remarks
  • Number Of Units Total: 3
  • Annual Gross Income: 29070.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 20355.0
  • Annual Operating Expense: 8658.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1479.0
  • Tax Book Number: 143.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2024
Sold by
Rs Sfr Holdco Owner Lp
Bought by
Orozco Jordan Daniel
Current Estimated Value
$508,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,500
Outstanding Balance
$480,804
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$27,199

Purchase Details

Closed on
Jul 25, 2022
Sold by
Rs Phoenix Owner 4 Lp
Bought by
Rs Sfr Holdco Owner Lp

Purchase Details

Listed on
Feb 24, 2020
Closed on
Jun 4, 2020
Sold by
N 5 Llc
Bought by
Rs Phoenix Owner 4 Lp
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Corey Wilson
HomeSmart
List Price
$295,000
Sold Price
$279,568
Premium/Discount to List
-$15,432
-5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%

Purchase Details

Listed on
Apr 29, 2013
Closed on
May 6, 2013
Sold by
Diamond Property Leasing West Llc
Bought by
N 5 Llc
Seller's Agent
Kevin Beasley
New Start Realty and Relocation
Buyer's Agent
Daniel Enriquez
Six Zero Two Real Estate Group LLC
List Price
$99,500
Sold Price
$100,500
Premium/Discount to List
$1,000
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.50%

Purchase Details

Closed on
Jul 15, 2009
Sold by
Fannie Mae
Bought by
Diamond Property Leasing West Llc

Purchase Details

Closed on
May 12, 2009
Sold by
Slusher William G and Slusher Maryann P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 9, 2003
Sold by
Hughes Brian T and Hughes Pamela A
Bought by
Mcclellan Earl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2003
Sold by
Mcclellan Earl W
Bought by
Slusher William G and Slusher Maryann P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2003
Sold by
Hughes Pamela A
Bought by
Mcclellan Earl

Purchase Details

Closed on
Dec 29, 2000
Sold by
Hughes Brian T and Hughes Pamela A
Bought by
Mcclellan Earl W and Kon Leann M
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
Orozco Jordan Daniel $512,500 Stewart Title
Rs Sfr Holdco Owner Lp -- Os National
Rs Phoenix Owner 4 Lp $279,568 Fidelity National Ttl Ins Co
N 5 Llc $100,500 Precision Title Agency Inc
Diamond Property Leasing West Llc $87,000 Stewart Title & Trust Of Pho
Federal National Mortgage Association $90,185 Great American Title Agency
Mcclellan Earl W -- Stewart Title & Trust
Slusher William G $110,000 Stewart Title & Trust
Mcclellan Earl -- --
Mcclellan Earl W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orozco Jordan Daniel $484,500
Previous Owner Slusher William G $88,000
Closed Slusher William G $11,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $279,568 -5.2% $113 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
02/22/2020 02/22/20 For Sale $295,000 +193.5% $119 / Sq Ft
05/09/2013 05/09/13 Sold $100,500 +1.0% $40 / Sq Ft
05/05/2013 05/05/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $99,500 -- $40 / 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 $1,714 $12,844 -- --
2024 $1,571 $12,232 -- --
2023 $1,571 $35,100 $7,020 $28,080
2022 $1,494 $24,830 $4,960 $19,870
2021 $1,480 $22,820 $4,560 $18,260
2020 $1,495 $20,670 $4,130 $16,540
2019 $1,479 $15,780 $3,150 $12,630
2018 $1,421 $14,920 $2,980 $11,940
2017 $1,438 $16,400 $3,280 $13,120
2016 $1,358 $16,020 $3,200 $12,820
2015 $1,267 $11,580 $2,310 $9,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6041125

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-28-012