NOT LISTED FOR SALE

7143 N 66th Dr Glendale, AZ 85301

Estimated Value: $539,000 - $697,000

-- Bed
-- Bath
2,668 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 22, 2015

Last sale price $169,000 $63 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $3,391/month

37 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of April 2015

Investor Opportunity-Fourplex property with 3 units-2Bedroom,1 bath and 1 unit-1 bedroom, 1 bath. On-site coin operated laundry generating approx $75.00/month income-FULLY RENTED, GOOD RENTAL HISTORY. Great location near Westgate Shopping District-within walking distance to Glendale High School-property is generating positive cash flow-TENANT OCCUPIED-DO NOT DISTURB-NO SIGN ON PROPERTY-DRIVE BY ONLY-PROOF OF CASH FUNDS OR FINANCING MuST BE SUBMITTED WITH OFFER TO BE CONSIDERED A VIABLE OFFER-INFORMATION PROVIDED IS DEEMED RELIABLE BUT BUYER IS ADVISED TO VERIFY ALL INFORMATION AND MATERIAL FACTS.

Last Agent to Sell the Property

Keith Lasch

Fathom Realty Elite License #SA535059000 Listed on: 02/09/2015

Fathom Realty Elite

Co-Listed By

Lester Cox

Real Broker License #BR003967000

Last Buyer's Agent

Wai Tsang

Gold Trust Realty License #BR549029000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,305

Year Built

  • Built in 1984

Lot Details

  • 7,013

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Desert Spirit Elementary And Middle School
  • Glendale High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 16
  • Assessor Parcel Number 143-29-034

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7004

Building Details

  • Operating Expense $9,225
  • Gross Income $24,661
  • Net Operating Income $17,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,305

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 67th Ave & Glendale Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2014
  • Directions: North on 67th Ave to Myrtle-East on Myrtle to 66th Dr.-South on 66th Dr. to property.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: azcd03
  • Co List Office Phone: 480-775-7700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_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: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 1100.0

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: 7004
  • Additional Parcels: No
  • Parcel #: 143-29-034

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 1400.0
  • Annual Gross Income: 24660.72
  • Insurance Expense: 1320.0
  • Maintenance Expense: 3500.0
  • Property Net Operating Income: 17244.0
  • Annual Operating Expense: 9225.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1305.0
  • Tax Book Number: 143.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2015
Closed on
Apr 20, 2015
Sold by
Lott David A and Lott Denise R
Bought by
Gs2m Llc
Seller's Agent
Keith Lasch
Fathom Realty Elite
Buyer's Agent
Wai Tsang
Gold Trust Realty
List Price
$169,000
Sold Price
$169,000
Current Estimated Value
$618,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,000
Avg. Annual Appreciation
13.13%

Purchase Details

Closed on
Apr 1, 2010
Sold by
Lott David A and Lott Denise R
Bought by
Straight Brian W and Straight Nora

Purchase Details

Closed on
Dec 1, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Lott David A and Lott Denise R

Purchase Details

Closed on
Oct 7, 2009
Sold by
Hoang Ngo Lucie
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 23, 2004
Sold by
Hoang Thuy
Bought by
Hoang Ngo Lucie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 9, 2003
Sold by
Wheelen Todd
Bought by
Tcw Properties Llc

Purchase Details

Closed on
Jun 13, 2003
Sold by
Wheelen Caroline
Bought by
Wheelen Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2003
Sold by
Zobler Karen E
Bought by
Wheelen Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2002
Sold by
Norris Charles Y and Glaeser Norris Ursula P
Bought by
Zobler Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gs2m Llc $169,000 Title365 Agency
Straight Brian W -- None Available
Lott David A $80,100 First American Title Ins Co
Deutsche Bank National Trust Company $81,000 First American Title
Hoang Ngo Lucie -- Arizona Title Agency Inc
Hoang Ngo Lucie $260,000 Arizona Title Agency Inc
Tcw Properties Llc -- --
Wheelen Todd -- Arizona Title Agency Inc
Wheelen Todd $220,000 Arizona Title Agency Inc
Zobler Karen E $165,000 American Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoang Ngo Lucie $208,000
Previous Owner Hoang Ngo Lucie $208,000
Previous Owner Hoang Ngo Lucie $26,000
Previous Owner Wheelen Todd $197,600
Previous Owner Wheelen Todd $197,600
Previous Owner Zobler Karen E $132,000
Closed Zobler Karen E $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2015 04/22/15 Sold $169,000 0.0% $63 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $169,000 -- $63 / 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 $1,487 $11,139 -- --
2024 $1,362 $10,608 -- --
2023 $1,362 $35,260 $7,050 $28,210
2022 $1,354 $24,110 $4,820 $19,290
2021 $1,337 $22,910 $4,580 $18,330
2020 $1,349 $20,910 $4,180 $16,730
2019 $1,334 $16,220 $3,240 $12,980
2018 $1,284 $15,520 $3,100 $12,420
2017 $1,297 $13,880 $2,770 $11,110
2016 $1,223 $13,320 $2,660 $10,660
2015 $1,135 $11,870 $2,370 $9,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5234766

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-29-034