NOT LISTED FOR SALE

Estimated Value: $594,000 - $607,000

Studio
-- Bath
2,668 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: April 22, 2015

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

Est. 254% increase in value since last sale

Current estimated payment $3,304 / mo

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

7,013 Sq Ft Lot

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
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2015
Closed on
Apr 20, 2015
Sold by
Bought by
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
$598,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,427
Avg. Annual Appreciation
11.91%

Purchase Details

Closed on
Apr 1, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 7, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 23, 2004
Sold by
Bought by

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
0.0712%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 9, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 2003
Sold by
Bought by

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
0.0825%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2003
Sold by
Bought by

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
0.0825%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2002
Sold by
Bought by

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
0.067%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$169,000 Title365 Agency
-- None Available
$80,100 First American Title Ins Co
$81,000 First American Title
$260,000 Arizona Title Agency Inc
-- Arizona Title Agency Inc
-- --
-- Arizona Title Agency Inc
$220,000 Arizona Title Agency Inc
$165,000 American Title Ins Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $208,000
Previous Owner $208,000
Previous Owner $26,000
Previous Owner $197,600
Previous Owner $197,600
Previous Owner $132,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,545 $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

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