NOT LISTED FOR SALE

7211 N 54th Ave Glendale, AZ 85301

Glendale Area
20 Beds
-- Bath
1,980 Sq Ft
1985 Built

Sale Details

Date Sold: January 4, 2017

Last sale price $740,000 $374 Per Sq Ft

46 Days on Market

Highlights

  • Central Air
  • Heating Available
  • 5-minute walk to Sands Park

About This Home

As of January 2017

Gated boutique complex of 10 large 2 bedroom, 2 bath rental units. Each unit features in-suite washer, dryer and fireplace. Covered parking and quiet location are additional features that underline rental demand for these rarely vacant units. Current rents are below market and with minor refreshing should achieve solid rental bumps on unit turns. Upper units have attractive vaulted ceilings with skylights.NEW ROOFS!!

Last Agent to Sell the Property

Victoria Miachika

REI Marketing License #BR639322000 Listed on: 10/27/2016

Co-Listed By

Chad Brandt

West USA Realty License #SA665200000

Last Buyer's Agent

Mark Skelpsa

HomeSmart Realty License #SA642313000

HomeSmart Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,758

Year Built

  • Built in 1985

Home Design

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

Parking

  • 8 Open Parking Spaces
  • 18 Parking Spaces
  • 10 Covered Spaces
  • Common or Shared Parking

Schools

  • Glendale Landmark Middle School
  • Glendale High School

Utilities

  • Central Air
  • Heating Available
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 10 / 5
  • Assessor Parcel Number 147-18-118

Community Details

Overview

  • 10 Units
  • Building Dimensions are 115X40
  • Cook & White Add Amd Subdivision

Building Details

  • Operating Expense $3,758
  • Net Operating Income $50,921

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,758

Year Built

Built in 1985

Listing Details

  • Cross Street: 59th Avenue & Glendale Road
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: azim02
  • Co List Office Phone: 602-277-7368
  • Subdivision Name: COOK & WHITE ADD AMD
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 18.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 18.0
  • Parking:Carport: Yes
  • Parking:Other (See Remarks)24: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Individual
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

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

Lot Info

  • Lot Size: 115X40
  • Additional Parcels: No
  • Parcel #: 147-18-118

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 10
  • Property Net Operating Income: 50921.0
  • Annual Operating Expense: 3758.0

Tax Info

  • Tax Annual Amount: 3758.0
  • Tax Block: 5
  • Tax Book Number: 147.00
  • Tax Lot: 10

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

Closed on
Nov 6, 2018
Sold by
Bought by

Purchase Details

Listed on
Oct 27, 2016
Closed on
Dec 22, 2016
Sold by
Bought by
Seller's Agent
Victoria Miachika
REI Marketing
Buyer's Agent
Mark Skelpsa
HomeSmart Realty
List Price
$748,000
Sold Price
$740,000
Premium/Discount to List
-$8,000
-1.07%

Purchase Details

Listed on
Oct 8, 2015
Closed on
Dec 15, 2015
Sold by
Bought by
Seller's Agent
Tom Zarob
Phoenix Prestige Real Estate
Buyer's Agent
Brock Danielson
Keller Williams Integrity First Realty
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.20%
Original Mortgage
$370,000
Interest Rate
0.0383%
Mortgage Type
Commercial

Purchase Details

Listed on
May 3, 2012
Closed on
Jul 2, 2012
Sold by
Bought by
Seller's Agent
Sherry Wong
Realty ONE Group
Buyer's Agent
Tom Zarob
Phoenix Prestige Real Estate
List Price
$400,000
Sold Price
$394,000
Premium/Discount to List
-$6,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.68%
Original Mortgage
$262,500
Interest Rate
0.0363%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2009
Sold by
Bought by

Purchase Details

Closed on
May 11, 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
$340,000
Interest Rate
0.055%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 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
$340,000
Interest Rate
0.055%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 1999
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
$345,000
Interest Rate
0.074%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 1997
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 1994
Sold by
Bought by

Purchase Details

Closed on
May 10, 1994
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 1994
Sold by
Bought by
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
-- None Available
$740,000 Pioneer Title Agency Inc
$610,000 Grand Canyon Title Agency A
$394,000 Title Management Agency Of A
-- None Available
-- None Available
-- Old Republic Title Agency
$616,000 Old Republic Title Agency
$460,000 Security Title Agency
-- Chicago Title Insurance Co
$305,000 Chicago Title Insurance Co
-- Fidelity Title
-- --
-- Fidelity Title
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 $370,000
Previous Owner $262,500
Previous Owner $100,000
Previous Owner $340,000
Previous Owner $345,000
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 Prior Sale
01/04/2017 01/04/17 Sold $740,000 -1.1% $374 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $748,000 +22.6% $378 / Sq Ft
12/16/2015 12/16/15 Sold $610,000 -2.4% $308 / Sq Ft View Prior Sale
11/02/2015 11/02/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $625,000 +58.6% $316 / Sq Ft
07/18/2012 07/18/12 Sold $394,000 -1.5% $99 / Sq Ft View Prior Sale
05/04/2012 05/04/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $400,000 -- $100 / 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 $4,784 $34,480
2024 $4,218 $32,839
2023 $4,218 $112,710 $22,540 $90,170
2022 $4,190 $79,460 $15,890 $63,570
2021 $4,137 $71,700 $14,340 $57,360
2020 $4,176 $66,160 $13,230 $52,930
2019 $4,130 $52,100 $10,420 $41,680
2018 $3,974 $42,860 $8,570 $34,290
2017 $4,015 $36,030 $7,200 $28,830
2016 $3,785 $38,810 $7,760 $31,050
2015 $3,512 $44,780 $8,950 $35,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5516965

Arizona Regional Multiple Listing Service (ARMLS)
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