NOT LISTED FOR SALE

7101 N 68th Dr Glendale, AZ 85303

Estimated Value: $547,019 - $727,000

8 Beds
-- Bath
3,640 Sq Ft
$168/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $418,000 $115 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,368/month

1 Day on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available

About This Home

As of January 2021

Property is sold AS IS. No repairs will be made. CASH COW! Units rented at $700, $825, $850, $870. The $700 Unit is the only unit not renovated in the last two years due to a long term tenant. Great Opportunity and Rare Find: Four-plex with large 910 sq - 2 Bed, 1 Bath Units close to Historic Downtown Glendale, Arrowhead Towne
Center, & Westgate. FULLY OCCUPIED with room to increase rents as leases renew. NO HOA. Solid Block Construction. Back units with enclosed private yards. Front Units have fenced yards for privacy. Owner/Agent. DRIVE BY ONLY.

Last Agent to Sell the Property

Aaron Jelinek

FastJet Realty License #BR677646000 Listed on: 11/30/2020

Last Buyer's Agent

Michael Brown

Long Realty Company License #SA531232000

Long Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1964

Lot Details

  • 7,362

Parking

  • On-Street Parking

Home Design

  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 41
  • Assessor Parcel Number 143-28-048

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7379
  • Glen West Estates Subdivision

Building Details

  • Operating Expense $5,366
  • Gross Income $38,340
  • Net Operating Income $31,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,596

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: 68th DR and Glendale Ave
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2019
  • Directions: North on 68th Dr off of Glendale Ave
  • Road Surface Type: Asphalt
  • Subdivision Name: GLEN WEST ESTATES
  • Cooling:Central Air: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: On Street
  • Attached Garage: No
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • 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:Landscape Wtr System: Yes

Fee Information

  • Trash Expense: 400.0
  • Annual Water Sewer Expense: 2770.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 7379
  • Additional Parcels: No
  • Parcel #: 143-28-048

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 38340.0
  • Property Net Operating Income: 31560.0
  • Annual Operating Expense: 5366.0

Tax Info

  • Tax Annual Amount: 1596.0
  • Tax Book Number: 143.00
  • Tax Lot: 41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2020
Sold by
Jelinek Paul Aaron and Jelinek Terri Ann
Bought by
Moshofsky Michael J and Moshofsky Elizabeth L
Current Estimated Value
$588,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2020
Sold by
Aaron Jelinek Paul
Bought by
Aaron Jelinek Paul and Aaron Ann Jelinek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2018
Closed on
May 25, 2018
Sold by
Jelinek Terri Ann and Jelinek Paul Aaron
Bought by
Jelinek Paul Aaron
Seller's Agent
Youssef Salloum
West USA Realty
Buyer's Agent
Aaron Jelinek
FastJet Realty
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%
Original Mortgage
$194,925
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2018
Closed on
May 11, 2018
Sold by
7101 N 68Th Ave Llc
Bought by
Jelinek Paul Aaron
Seller's Agent
Youssef Salloum
West USA Realty
Buyer's Agent
Aaron Jelinek
FastJet Realty
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,925
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2014
Sold by
Salloum Youssef and Salloum Mallory
Bought by
7101 N 68Th Avenue Llc

Purchase Details

Listed on
Jan 7, 2014
Closed on
Mar 25, 2014
Sold by
E & J Real Estate Investments Llc
Bought by
Salloum Youssef and Salloum Mallory
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
David Newman
Real Broker
List Price
$169,900
Sold Price
$159,000
Premium/Discount to List
-$10,900
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Original Mortgage
$119,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2010
Sold by
Salem Holdings #8 Llc
Bought by
E&J Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 13, 2010
Sold by
Slusher William G and Slusher Maryann P
Bought by
Salem Holdings 8 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 16, 2004
Sold by
Aranda Maria Dora
Bought by
Johnson Stephen L

Purchase Details

Closed on
Nov 6, 2003
Sold by
Rader Jane
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
$138,215
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2000
Sold by
Young Shu
Bought by
Rader Norman and Rader Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
8.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2000
Sold by
Young Stephen
Bought by
Glendrive Dynamic Ltd Trust and Young Shu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
8.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 1996
Sold by
Young Darlene M
Bought by
Young Stephen

Purchase Details

Closed on
Oct 12, 1994
Sold by
Eagle West Investments Inc
Bought by
Blumenstein Bernard and Blumenstein Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,700
Interest Rate
8.5%
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
Moshofsky Michael J $418,000 First American Title Ins Co
Aaron Jelinek Paul -- Amrock Inc
Jelinek Paul Aaron -- Driggs Title Agency Inc
Jelinek Paul Aaron $259,900 Driggs Title Agency Inc
7101 N 68Th Avenue Llc -- Security Title Agency
Salloum Youssef $159,000 Pioneer Title Agency Inc
E&J Real Estate Investments Llc -- Accommodation
Salem Holdings 8 Llc $75,001 None Available
Johnson Stephen L -- Stewart Title & Trust
Johnson Francis -- Stewart Title & Trust
Slusher William G $138,215 Stewart Title & Trust
Rader Norman $137,000 Capital Title Agency
Glendrive Dynamic Ltd Trust $95,000 --
Young Stephen -- First American Title
Young Stephen $90,000 First American Title
Ng Dixon $63,285 First American Title
Ng Dixon -- First American Title
Blumenstein Bernard -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moshofsky Michael J $226,000
Previous Owner Aaron Jelinek Paul $234,500
Previous Owner Jelinek Paul Aaron $194,925
Previous Owner 7101 N 68Th Ave Llc $280,000
Previous Owner Salloum Youssef $119,250
Previous Owner Salem Holdings #8 Llc $50,000
Previous Owner Slusher William G $192,500
Previous Owner Slusher William G $138,215
Previous Owner Rader Jane $60,000
Previous Owner Rader Norman $109,600
Previous Owner Blumenstein Bernard $64,700
Previous Owner Eagle West Investment Inc $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $418,000 +8.6% $115 / Sq Ft
12/29/2020 12/29/20 Price Changed $385,000 0.0% $106 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/30/2020 11/30/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $385,000 +48.1% $106 / Sq Ft
05/31/2018 05/31/18 Sold $259,900 0.0% $71 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $259,900 +63.5% $71 / Sq Ft
04/07/2014 04/07/14 Sold $159,000 -6.4% $44 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $169,900 -- $47 / 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 $1,778 $13,319 -- --
2024 $1,629 $12,685 -- --
2023 $1,629 $38,860 $7,770 $31,090
2022 $1,619 $27,100 $5,420 $21,680
2021 $1,598 $23,660 $4,730 $18,930
2020 $1,613 $21,350 $4,270 $17,080
2019 $1,596 $17,620 $3,520 $14,100
2018 $1,535 $16,730 $3,340 $13,390
2017 $1,551 $17,520 $3,500 $14,020
2016 $1,462 $16,530 $3,300 $13,230
2015 $1,357 $12,360 $2,470 $9,890
Source: Public Records

Agents Affiliated with this Home

  • Aaron Jelinek

    Seller's Agent in 2021

    Aaron Jelinek

    FastJet Realty

    (623) 562-5275

    31 Total Sales

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  • M

    Buyer's Agent in 2021

    Michael Brown

    Long Realty Company

    (480) 507-9500

    15 Total Sales

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  • Joseph Bennett

    Buyer Co-Listing Agent in 2021

    Joseph Bennett

    Long Realty Company

    (480) 283-7046

    14 Total Sales

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  • Y

    Seller's Agent in 2018

    Youssef Salloum

    West USA Realty

  • Sophia Baron

    Seller's Agent in 2014

    Sophia Baron

    Grace CRE

    (480) 375-0227

    87 Total Sales

    Section Image
  • David Newman

    Buyer's Agent in 2014

    David Newman

    Real Broker

    (480) 544-3144

    89 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6174871

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-28-048

Arizona Maricopa County Glendale 85303

7101 N 68th Dr, Glendale, AZ

This home is located at 7101 N 68th Dr, Glendale, AZ 85303 since 30 November 2020 and is currently estimated at $612,755, approximately $168 per square foot. This property was built in 1964. 7101 N 68th Dr 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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