NOT LISTED FOR SALE

7159 N 57th Ave Glendale, AZ 85301

Glendale Area
30 Beds
15 Baths
1,950 Sq Ft
1965 Built

Sale Details

Date Sold: April 25, 2017

Last sale price $1,050,000 $538 Per Sq Ft

About This Home

As of April 2017

A 15-unit beauty in downtown Glendale's Catlin Court historic district! The newly approved light rail line is projected to run right past the Catlin Court live/work zoned district! Talk about upside! The building shows well and has great corner exposure. The area has high rental demand and is within a short walk to downtown shops and government buildings. The unit mix is fourteen 2-bed units, one 1-bed unit, plus a 3-bed/1-bath house for an owner or manager. Tenants love the private courtyard - great for kids and dogs! Act quickly to grab it in this hot market! Property must be purchased with 7161 N 57th Ave, Glendale, AZ 85301 parcel # 147-25-038.

Last Agent to Sell the Property

Mark Skelpsa

HomeSmart Realty License #SA642313000 Listed on: 03/21/2017

HomeSmart Realty

Co-Listed By

Terry Kass

Coldwell Banker Commercial Realty License #BR503783000

Last Buyer's Agent

Mark Skelpsa

Blue Saguaro Commercial Realty, LLC License #SA642313000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,096

Year Built

  • Built in 1965

Home Design

  • Composition Roof
  • Built-Up Roof
  • Block Exterior

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Lot Details

  • Additional Parcels

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 13
  • Assessor Parcel Number 147-25-037

Community Details

Overview

  • 2 Buildings
  • 15 Units
  • Building Dimensions are IRR

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $4,096

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,096

Year Built

Built in 1965

Listing Details

  • Cross Street: Glendale Ave & 57th Ave
  • Property Type: Multiple Dwellings
  • Zoning: PAD
  • Number Of Buildings: 2
  • Year Built: 1965
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: gpci01
  • Co List Office Phone: 602-703-5277
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Community Amenities:Pool2: Yes

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 147-25-037

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 15
  • Annual Operating Expense: 4096.0

Tax Info

  • Tax Annual Amount: 4096.0
  • Tax Book Number: 147.00
  • Tax Lot: 13

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
Mar 21, 2017
Closed on
Apr 18, 2017
Sold by
Bought by
Seller's Agent
Mark Skelpsa
HomeSmart Realty
Buyer's Agent
Mark Skelpsa
HomeSmart Realty
List Price
$1,139,000
Sold Price
$1,050,000
Premium/Discount to List
-$89,000
-7.81%

Purchase Details

Closed on
Jul 29, 2009
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
$281,600
Interest Rate
5.31%
Mortgage Type
Assumption

Purchase Details

Closed on
Jun 29, 2000
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
$281,600
Interest Rate
8.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 1998
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,050,000 Pioneer Title Agency Inc
$300,000 Magnus Title Agency
$352,000 Capital Title Agency
-- --
$200,000 Chicago Title Insurance Co
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 $281,600
Previous Owner $281,600
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
04/25/2017 04/25/17 Sold $1,050,000 -7.8% $538 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $1,139,000 -- $584 / 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 $4,657 $33,571
2024 $4,106 $31,973
2023 $4,106 $116,290 $12,920 $103,370
2022 $4,080 $97,030 $10,780 $86,250
2021 $4,028 $63,730 $7,080 $56,650
2020 $4,066 $60,660 $6,740 $53,920
2019 $4,022 $48,530 $5,390 $43,140
2018 $3,869 $43,880 $4,870 $39,010
2017 $3,909 $39,690 $4,410 $35,280
2016 $3,686 $28,300 $3,140 $25,160
2015 $3,420 $20,610 $2,290 $18,320
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5578348

Arizona Regional Multiple Listing Service (ARMLS)
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