NOT LISTED FOR SALE

7213 N 58th Dr Glendale, AZ 85301

Estimated Value: $365,865 - $560,000

4 Beds
4 Baths
544 Sq Ft
$857/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $154,000 $283 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $2,699/month

29 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of June 2016

Historical Home, one of a kind that is a four-plex, always rented! Fantastic rental income property in historic Caitlin Court district in downtown Glendale. All units 1 bedroom, 1 bath. Tenants want to stay!
Drive by only, do not disturb tenants. After offer is accepted, arrangement to be made with tenants to view property during inspection period.

Own a piece of Glendale history!

Thanks!

Last Agent to Sell the Property

Susan Ramsey

Keller Williams Realty Professional Partners License #SA042435000 Listed on: 04/27/2016

Keller Williams Realty Professional Partners

Last Buyer's Agent

Jeffrey Steele

AZ Realty Pros License #BR546005000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $856

Year Built

  • Built in 1905

Lot Details

  • 7,754

Home Design

  • Wood Frame Construction
  • Metal Roof

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Glendale Landmark Middle School
  • Glendale High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 147-23-012-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are 70x111

Building Details

  • Operating Expense $8,437
  • Net Operating Income $16,314

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$856

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Cross Street: 59th Dr. & Glendale
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1905
  • Tax Year: 2015
  • Directions: Glendale and 59th Avenue. North on 59th Avenue, East on Myrtle to 58th Dr, north to property on the right. Drive by ONLY! Do NOT disturb tenants!
  • Road Surface Type: Asphalt, Concrete, Curb(s) & Gutter(s)
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Other (See Remarks), F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: See Remarks, Frame - Wood
  • Roof: See Remarks, Metal
  • Construction:Frame - Wood: Yes
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Wall/Window Unit(s)
  • Heating: Other, See Remarks, Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2864.0

Schools

  • Elementary School: Glendale Landmark Middle School
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Glendale Landmark Middle School

Lot Info

  • Lot Size: 70x111
  • Additional Parcels: No
  • Parcel #: 147-23-012-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 1522.0
  • Maintenance Expense: 1295.0
  • Property Net Operating Income: 16314.0
  • Annual Operating Expense: 8437.0

Tax Info

  • Tax Annual Amount: 856.0
  • Tax Book Number: 147.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
May 27, 2016
Sold by
Weatherby Properties Llc
Bought by
Live The Risk Llc
Seller's Agent
Susan Ramsey
Keller Williams Realty Professional Partners
Buyer's Agent
Jeffrey Steele
AZ Realty Pros
List Price
$160,000
Sold Price
$154,000
Premium/Discount to List
-$6,000
-3.75%
Total Days on Market
29
Current Estimated Value
$465,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,955
Avg. Annual Appreciation
13.83%

Purchase Details

Closed on
Apr 30, 2015
Sold by
Weatherby Allen C and Weatherby Jennifer E
Bought by
Weatherby Properties Llc

Purchase Details

Closed on
Jun 28, 2006
Sold by
Weatherby Properties Llc
Bought by
Weatherby Allen C and Weatherby Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 24, 2003
Sold by
Spina Arthur
Bought by
Weatherby Allen C and Weatherby Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 1995
Sold by
Brix Robert A
Bought by
Spina Arthur and Salas Richard O
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
Live The Risk Llc $154,000 First American Title Ins Co
Weatherby Properties Llc -- None Available
Weatherby Allen C -- Fidelity National Title
Weatherby Allen C $150,000 Capital Title Agency Inc
Spina Arthur $66,407 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weatherby Allen C $165,000
Previous Owner Weatherby Allen C $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2016 06/15/16 Sold $154,000 -3.8% $283 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $160,000 0.0% $294 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $160,000 -- $294 / 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 $1,121 $8,402 -- --
2024 $1,028 $8,002 -- --
2023 $1,028 $29,850 $5,970 $23,880
2022 $1,021 $21,720 $4,340 $17,380
2021 $1,008 $20,010 $4,000 $16,010
2020 $1,018 $17,270 $3,450 $13,820
2019 $1,007 $12,980 $2,590 $10,390
2018 $968 $9,470 $1,890 $7,580
2017 $978 $8,670 $1,730 $6,940
2016 $922 $8,300 $1,660 $6,640
2015 $856 $9,210 $1,840 $7,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5435048

Arizona Regional Multiple Listing Service (ARMLS)

APN: 147-23-012C