NOT LISTED FOR SALE

7422 N 54th Ave Glendale, AZ 85301

Estimated Value: $273,000 - $298,000

2 Beds
-- Bath
960 Sq Ft
$298/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $105,000 $109 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $1,561/month

199 Days on Market

Highlights

  • Evaporated cooling system
  • Floor Furnace
  • 1-minute walk to Sands Park
  • Ceramic Tile Flooring

About This Home

As of May 2017

AS-IS ONLY: Potential for 11% CAP with $600 rent per side! Great Income Potential Duplex in a great neighborhood of well kept homes. Property is vacant and waiting for an owner occupant or buy it and rent both sides! Unit 7420 is ready to be occupied with minimal TLC. Unit 7422 will need work.

Last Agent to Sell the Property

Tom 'BIG T' Ross

Coldwell Banker Realty License #SA642903000 Listed on: 10/17/2016

Coldwell Banker Realty

Last Buyer's Agent

Claire Kellogg

HomeSmart License #SA520531000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $410

Year Built

  • Built in 1950

Lot Details

  • 3,746

Home Design

  • Composition Roof
  • Built-Up Roof
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Free Parking
  • On-Street Parking

Schools

  • Glendale American Elementary School
  • Glendale Landmark Middle School
  • Glendale High School

Utilities

  • Evaporated cooling system
  • Floor Furnace
  • Individual Controls for Heating
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Legal Lot and Block 13 / 4
  • Assessor Parcel Number 147-18-089

Community Details

Overview

  • 2 Units
  • Building Dimensions are CORNER LOT
  • Cook & White Add Amd Subdivision

Building Details

  • Operating Expense $895
  • Gross Income $14,000
  • Net Operating Income $13,515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$410

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: ORANGEWOOD AND 54TH AVE
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2015
  • Directions: Property is located on the south west corner of 54th Avenue and Orangewood Avenue.
  • Road Surface Type: Asphalt
  • Subdivision Name: COOK & WHITE ADD AMD
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances: W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Free, 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual, Evaporative Cooling
  • Heating: Individual, Electric, Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Glendale American 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: CORNER LOT
  • Additional Parcels: No
  • Parcel #: 147-18-089

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 14000.0
  • Property Net Operating Income: 13515.0
  • Annual Operating Expense: 895.0

Tax Info

  • Tax Annual Amount: 410.0
  • Tax Block: 4
  • Tax Book Number: 147.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2024
Sold by
Bauer Robert F and Bauer Carol A
Bought by
Prosperity Quarters Llc
Current Estimated Value
$285,958

Purchase Details

Listed on
Oct 17, 2016
Closed on
May 11, 2017
Sold by
Smith Bernard
Bought by
Bauer Robert F and Bauer Carol A
Seller's Agent
Tom 'BIG T' Ross
Coldwell Banker Realty
Buyer's Agent
Claire Kellogg
HomeSmart
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%

Purchase Details

Closed on
Mar 28, 2007
Sold by
Niner Corey
Bought by
Smith Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2001
Sold by
Campion Maurice M and Campion Rose P
Bought by
Niner Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 1996
Sold by
Campion Maurice M and Campion Rose P
Bought by
Campion Maurice M and Campion Rose P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Prosperity Quarters Llc -- None Listed On Document
Bauer Robert F $105,000 Lawyers Title Of Arizona Inc
Smith Bernard $168,000 Intracoastal Title Agency Ll
Niner Corey $70,000 Capital Title Agency
Campion Maurice M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Bernard $151,200
Previous Owner Niner Corey $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2017 05/22/17 Sold $105,000 -4.5% $109 / Sq Ft
05/02/2017 05/02/17 Price Changed $109,899 -12.1% $114 / Sq Ft
10/17/2016 10/17/16 For Sale $125,000 -- $130 / 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 $536 $4,019 -- --
2024 $492 $3,828 -- --
2023 $492 $13,850 $2,770 $11,080
2022 $488 $9,750 $1,950 $7,800
2021 $482 $8,930 $1,780 $7,150
2020 $487 $8,050 $1,610 $6,440
2019 $481 $6,510 $1,300 $5,210
2018 $463 $4,850 $970 $3,880
2017 $468 $4,180 $830 $3,350
2016 $441 $3,760 $750 $3,010
2015 $410 $4,150 $830 $3,320
Source: Public Records

Agents Affiliated with this Home

  • Tom 'BIG T' Ross

    Seller's Agent in 2017

    Tom 'BIG T' Ross

    Coldwell Banker Realty

    (602) 368-1904

    4 in this area

    69 Total Sales

    Tom 'BIG T' Ross
    Section Image

  • C

    Buyer's Agent in 2017

    Claire Kellogg

    HomeSmart

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5512656

Arizona Regional Multiple Listing Service (ARMLS)

APN: 147-18-089

Arizona Maricopa County Glendale 85301

7422 N 54th Ave, Glendale, AZ

This home is located at 7422 N 54th Ave, Glendale, AZ 85301 since 17 October 2016 and is currently estimated at $285,958, approximately $297 per square foot. This property was built in 1950. 7422 N 54th Ave is a home located in Maricopa County with nearby schools including Glendale Landmark Middle School, Glendale High School, and Our Lady Of Perpetual Help.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes