NOT LISTED FOR SALE

7109 N 68th Dr Glendale, AZ 85303

Estimated Value: $502,000 - $704,000

8 Beds
-- Bath
3,640 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $215,000 $59 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $3,391/month

90 Days on Market

About This Home

As of March 2017

Cute two bedroom one bath single level unit. Priced to move quick!

Last Agent to Sell the Property

Sophia Baron

Get Multifamily License #BR648866000 Listed on: 10/27/2016

Co-Listed By

Baylee Estrada

Keller Williams Arizona Realty License #BR654361000

Last Buyer's Agent

Michelle Hoogendoorn

Better Homes & Gardens Real Estate SJ Fowler License #SA550923000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,458

Year Built

  • Built in 1964

Lot Details

  • 7,187

Home Design

  • Built-Up Roof
  • Block Exterior

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water, sewer, landscaping
  • Tax Lot 43
  • Assessor Parcel Number 143-28-050

Community Details

Overview

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

Building Details

  • Operating Expense $8,116
  • Gross Income $29,640
  • Net Operating Income $21,524

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,458

Year Built

Built in 1964

Lot Details

7,187 Sq Ft Lot

Listing Details

  • Cross Street: Glendale and 67th Avenue
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Family
  • Number Of Buildings: 1
  • Year Built: 1964
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: Glen West Estates
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • 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
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

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

Schools

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

Lot Info

  • Lot Size: Unknown
  • Additional Parcels: No
  • Parcel #: 143-28-050

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 29640.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 21524.0
  • Annual Operating Expense: 8116.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1458.0
  • Tax Book Number: 143.00
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2022
Sold by
Patel Kulvinder K
Bought by
Lam Man Thanh
Current Estimated Value
$621,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$452,322
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$169,658

Purchase Details

Listed on
Oct 27, 2016
Closed on
Mar 30, 2017
Sold by
Patel Neil and Patel Kulvinder K
Bought by
Patel Kulvinder K
Seller's Agent
Sophia Baron
Get Multifamily
Buyer's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$161,250
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2016
Closed on
Mar 15, 2017
Sold by
Omni Consumer Products & Apartments Llc
Bought by
Patel Kulvinder K
Seller's Agent
Sophia Baron
Get Multifamily
Buyer's Agent
Michelle Hoogendoorn
Better Homes & Gardens Real Estate SJ Fowler
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2011
Sold by
Bekam Sepehr
Bought by
Omni Consumer Products & Apartments Llc

Purchase Details

Closed on
Apr 15, 2011
Sold by
Dyson Investments Properties Llc
Bought by
Bekam Sepehr

Purchase Details

Closed on
Apr 8, 2011
Sold by
Dyson Investments Properties Llc
Bought by
Bekam Sepehr

Purchase Details

Closed on
Feb 7, 2011
Sold by
Bekam Sepehr
Bought by
Dyson Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,700
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2010
Sold by
Jmmb Llc
Bought by
Bekam Sepehr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,700
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2010
Sold by
Blue Nancy
Bought by
Jmmb Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,700
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2010
Sold by
Slusher William G and Slusher Maryann P
Bought by
Blue Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,700
Interest Rate
4.34%
Mortgage Type
New Conventional

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
$110,550
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

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
Apr 16, 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
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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
Lam Man Thanh $660,000 New Title Company Name
Patel Kulvinder K -- Chicago Title
Patel Kulvinder K $215,000 Chicago Title
Omni Consumer Products & Apartments Llc -- None Available
Bekam Sepehr -- None Available
Bekam Sepehr -- None Available
Dyson Investment Properties Llc -- None Available
Bekam Sepehr $125,000 Pioneer Title Agency Inc
Jmmb Llc $190,000 American Title Service Agenc
Blue Nancy A $79,000 Accommodation
Slusher William G $138,929 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 -- First American Title
Ng Dixon $63,285 First American Title
Blumenstein Bernard -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Man Thanh $485,000
Previous Owner Patel Kulvinder K $161,250
Previous Owner Bekam Sepehr $93,700
Previous Owner Slusher William G $110,550
Previous Owner Rader Norman $109,600
Previous Owner Blumenstein Bernard $64,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2023 05/02/23 Off Market $500 -- --
03/30/2017 03/30/17 Sold $215,000 -4.4% $59 / Sq Ft
02/17/2017 02/17/17 For Sale $225,000 0.0% $62 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
10/26/2016 10/26/16 For Sale $225,000 0.0% $62 / Sq Ft
06/13/2013 06/13/13 Rented $500 -4.8% --
06/13/2013 06/13/13 Under Contract -- -- --
05/22/2013 05/22/13 For Rent $525 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,842 $13,278 -- --
2024 $1,624 $12,646 -- --
2023 $1,624 $38,750 $7,750 $31,000
2022 $1,614 $27,020 $5,400 $21,620
2021 $1,593 $23,570 $4,710 $18,860
2020 $1,608 $21,270 $4,250 $17,020
2019 $1,591 $17,580 $3,510 $14,070
2018 $1,530 $16,700 $3,340 $13,360
2017 $1,546 $17,500 $3,500 $14,000
2016 $1,458 $16,480 $3,290 $13,190
2015 $1,353 $12,330 $2,460 $9,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5516876

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-28-050

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