NOT LISTED FOR SALE

7109 N 80th Ave Glendale, AZ 85303

Estimated Value: $1,132,378 - $1,240,000

-- Bed
-- Bath
-- Sq Ft
0.29 Acres

Last Sold April 18, 2024

Last sale price $1,200,000

Current estimated payment $6,697/month

18 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • Heat Pump System
  • Central Air

About This Home

As of April 2024

Welcome to Westgate Estates! Brand new construction apartment community, just minutes from Westgate Entertainment District! This community is comprised of two adjacent four-plexes, each residing on its own parcel, allowing for conventional residential financing. All units are individually metered for electricity with tenants responsible for a split water/sewer charge. Landlord pays absolutely no utilities, allowing for a truly net monthly income. Each apartment is 960 sqft with two bedrooms, two baths and laundry. No expense was spared in the construction of these units from the foam insulation to the tile roofs to the fire sprinkler system. Area is exploding with new development as new projects are readily breaking ground on this street. This is truly a turnkey investment!

Last Listed By

Joshua Adams

My Home Group Real Estate License #SA656518000 Listed on: 03/10/2024

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $455

Year Built

  • Built in 2024

Lot Details

  • 0.29

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 16 Parking Spaces
  • 8 Covered Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, water, sewer
  • Assessor Parcel Number 142-27-327

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 82x150

Building Details

  • Operating Expense $455
  • Gross Income $96,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$455

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: MultiFam
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2024
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Paved Parking, Free, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Ceiling Fan(s)
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 82x150
  • Additional Parcels: No
  • Parcel #: 142-27-327

Multi Family

  • Owner Pays: None
  • Tenant Pays: Electricity, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 96000.0
  • Annual Operating Expense: 455.0

Tax Info

  • Tax Annual Amount: 455.0
  • Tax Book Number: 142.00
  • Tax Lot: --

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2024
Closed on
May 8, 2024
Sold by
A5 Residential Llc
Bought by
Jeffery And Ivonne Mcgowan 2020 Revocable Tru and Mcgowan
Seller's Agent
Joshua Adams
My Home Group Real Estate
Buyer's Agent
Lisa Sheble
Coldwell Banker Realty
List Price
$1,375,000
Sold Price
$1,200,000
Premium/Discount to List
-$175,000
-12.73%
Total Days on Market
18
Views
34
Current Estimated Value
$1,200,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345
Avg. Annual Appreciation
0.03%
Original Mortgage
$900,000
Outstanding Balance
$891,299
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$309,046

Purchase Details

Closed on
Jun 29, 2020
Sold by
A5 Residential Llc
Bought by
A5 Residential Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jeffery And Ivonne Mcgowan 2020 Revocable Tru $1,200,000 Pioneer Title
A5 Residential Llc -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffery And Ivonne Mcgowan 2020 Revocable Tru $900,000
Previous Owner A5 Residential Llc $250,000
Previous Owner A5 Residential Llc $250,000
Previous Owner A5 Residential Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $1,200,000 -12.7% --
03/30/2024 03/30/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $1,375,000 -- --
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 $502 $39,941 -- --
2024 $455 $4,011 $4,011 --
2023 $455 $9,540 $9,540 $0
2022 $451 $6,615 $6,615 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6673555

Arizona Regional Multiple Listing Service (ARMLS)

APN: 142-27-327