NOT LISTED FOR SALE

7025 N 55th Ave Glendale, AZ 85301

-- Bed
-- Bath
8,784 Sq Ft
0.65 Acres

Last Sold November 16, 2018

Last sale price $700,000 $80 Per Sq Ft

120 Days on Market

Highlights

  • 0.65 Acre Lot
  • Ceramic Tile Flooring
  • Security Fence
  • Community Kitchen
  • Central Air
  • Multiple Heating Units

About This Home

As of November 2018

Existing church located in central Glendale with approximately 200+/- seat auditorium. Facility features nursery, multiple classrooms, office, fellowship hall with service kitchen. Foam roof has been replaced a few years ago along with new Air Conditioning units being installed at the same time. Secured parking with 50 paved parking spaces. Dual frontage on 55th Avenue and Glenn. Turn key facility for a church looking to serve the city of Glendale. Additional parcel included in this sale is 147-17-091B.

Last Agent to Sell the Property

Earle Shroyer

AZ Brokerage Holdings, LLC License #SA017007000 Listed on: 06/07/2018

AZ Brokerage Holdings, LLC

Last Buyer's Agent

Earle Shroyer

Realty Executives

Property Details

Property Type

  • Other

Year Built

  • Built in 1957

Lot Details

  • 0.65 Acre Lot
  • Security Fence
  • Block Wall Fence
  • Property is zoned C-2

Home Design

  • 8,784 Sq Ft Home
  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 50 Open Parking Spaces
  • 50 Parking Spaces
  • Private Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System

Community Details

  • Park Place Blks 2,5,6 Subdivision
  • Community Kitchen
  • Operating Expense $6

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 147-17-092-A

Property Details

Property Type

Other

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: W. Glendale Ave & 55th Avenue
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2017
  • Lot Size Acres: 0.65
  • Road Surface Type: Asphalt, Dedicated Street, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: PARK PLACE BLKS 2,5,6
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete
  • Living Area: 8784.0

Exterior Features

  • Fencing: Security, Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 50.0
  • Total Parking Spaces: 50.0
  • General Property Description:Uncvrd Parking Spcs: 50.0
  • General Property Description:Total Parking Spcs: 50.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump, Central A/C
  • Heating: None, Heat Pump, 2 or More Units, Electric
  • Green Building Features: Kitchen, Raised Floor
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:None29: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Fee Information

  • Trash Expense: 1.0
  • Annual Water Sewer Expense: 1.0

Lot Info

  • Lot Size Sq Ft: 28125.0
  • Parcel #: 147-17-092-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 1.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 1.0
  • Annual Operating Expense: 6.0

Tax Info

  • Tax Book Number: 147.00
  • Tax Lot: 9
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Oct 5, 2018
Sold by
Glendale Door Christian Fellowship Minis
Bought by
Mountzion Prayer Ministries Internationa
Seller's Agent
Earle Shroyer
AZ Brokerage Holdings, LLC
Buyer's Agent
Earle Shroyer
AZ Brokerage Holdings, LLC
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$213,991
Interest Rate
4.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 8, 2015
Sold by
The Door Christian Fellowship Ministries
Bought by
The Glendale Door Christian Fellowship M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,343
Interest Rate
3.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2004
Sold by
Shuman Investments Lp
Bought by
The Door Christian Fellowship Ministries

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.14%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mountzion Prayer Ministries Internationa $700,000 First American Title Insuran
The Glendale Door Christian Fellowship M -- Empire West Title Agency
The Door Christian Fellowship Ministries -- --
Shuman Investments Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mountzion Prayer Ministries Internationa $595,000
Previous Owner The Glendale Door Christian Fellowship M $363,343
Previous Owner The Door Christian Fellowship Ministries $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $700,000 -6.5% $80 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $749,000 -- $85 / 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 -- $56,493 -- --
2024 -- $53,803 -- --
2023 $0 $87,345 $24,720 $62,625
2022 $0 $72,360 $16,260 $56,100
2021 $0 $69,315 $14,910 $54,405
2020 $0 $67,380 $14,010 $53,370
2019 $6,767 $63,585 $12,405 $51,180
2018 $0 $60,480 $11,280 $49,200
2017 $0 $48,000 $10,950 $37,050
2016 $0 $43,590 $8,640 $34,950
2015 -- $39,328 $7,728 $31,600
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Earle Shroyer

    Realty Executives

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5777105

Arizona Regional Multiple Listing Service (ARMLS)

APN: 147-17-092A

Arizona Maricopa County Glendale 85301

7025 N 55th Ave, Glendale, AZ

Not Listed for Sale

Other

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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