NOT LISTED FOR SALE

7515 W Palmaire Ave Glendale, AZ 85303

Estimated Value: $356,853 - $641,000

-- Bed
-- Bath
3,024 Sq Ft
$165/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $159,000 $53 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $2,770/month

14 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of September 2014

TURN-KEY INVESTOR SPECIAL!!! PUT YOUR OFFER IN BEFORE IT'S GONE. All 2br/1ba , block construction. The electricity is individually metered and each unit has A/C. Close to shopping, schools, church, Westgate and highway access. Please do not disturb the tenants. Long term tenants in place. Drive by only. BUYER AND BUYERS AGENT TO VERIFY ALL PERTINENT INFORMATION. PROPERTY WAS APPRAISED AT 165K ON 2-2014. Seller purchase to manage once release from military but received notice he is not being release yet.

Last Agent to Sell the Property

Irma Diaz

eXp Realty Brokerage Email: Team@azppre.com License #SA630872000 Listed on: 09/04/2014

eXp Realty

Last Buyer's Agent

Marla Wicks

Better Homes & Gardens Real Estate SJ Fowler License #SA535997000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,126

Year Built

  • Built in 1972

Lot Details

  • 9,845

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

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

Schools

  • Glendale High Elementary And Middle School
  • Independence High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 77
  • Assessor Parcel Number 142-43-079

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 75x130
  • Glen View Acres 2 Subdivision

Building Details

  • Net Operating Income $19,554

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,126

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: 75th ave & Glendale
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: r3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2013
  • Directions: 75th ave & Glendale Directions: GLENDALE THEN WEST ON PALMAIRE. PROPERTY TO THE LEFT.
  • Attribution Contact: Team@azppre.com
  • Road Surface Type: Asphalt
  • Subdivision Name: Glen View Acres 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 1920.0

Schools

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

Lot Info

  • Lot Size: 75x130
  • Additional Parcels: No
  • Parcel #: 142-43-079

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Insurance Expense: 1400.0
  • Property Net Operating Income: 19554.0

Tax Info

  • Tax Annual Amount: 1126.0
  • Tax Book Number: 142.00
  • Tax Lot: 77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2022
Sold by
Anthony Ferrara William
Bought by
Accessible Housing Of Arizona Llc
Current Estimated Value
$497,951

Purchase Details

Closed on
Jan 17, 2022
Sold by
Ferrara William Anthony
Bought by
Accessible Housing Of Arizona Llc

Purchase Details

Closed on
Feb 22, 2021
Sold by
Ferrara William Anthony
Bought by
Ferrara William Anthony and Ferrara Betina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,700
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2021
Sold by
Ferrera Betina R and Ferrara William A
Bought by
Ferrara William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,700
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2020
Sold by
Accessible Housing Of Arizona Llc
Bought by
Ferrara William Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2015
Sold by
Ferrara William Anthony
Bought by
Accessible Housing Of Arizona Llc

Purchase Details

Listed on
Sep 4, 2014
Closed on
Sep 30, 2014
Sold by
Ferrera Betina R
Bought by
Ferrara William Anthony
Seller's Agent
Irma Diaz
eXp Realty
Buyer's Agent
Marla Wicks
Better Homes & Gardens Real Estate SJ Fowler
List Price
$164,500
Sold Price
$159,000
Premium/Discount to List
-$5,500
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$119,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2014
Closed on
Sep 26, 2014
Sold by
Valdez Octavio Pinedo
Bought by
Ferrara William Anthony
Seller's Agent
Irma Diaz
eXp Realty
Buyer's Agent
Marla Wicks
Better Homes & Gardens Real Estate SJ Fowler
List Price
$164,500
Sold Price
$159,000
Premium/Discount to List
-$5,500
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2014
Closed on
Mar 7, 2014
Sold by
Foreclosure Assistance Company Llc
Bought by
Valdez Octavio Pinedo
Seller's Agent
Jason Harrell
AZ Pro Realty
Buyer's Agent
Irma Diaz
eXp Realty
List Price
$165,000
Sold Price
$158,400
Premium/Discount to List
-$6,600
-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
0.72%
Original Mortgage
$118,800
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2013
Sold by
Barnes Blumberg Kimberly A
Bought by
Blumberg Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2011
Sold by
Huynh Thao
Bought by
Foreclosure Assitance Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2005
Sold by
Misson Viejo Properties Llc
Bought by
Huynh Thao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2005
Sold by
Brotman Aaron A
Bought by
Mission Viejo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2005
Sold by
Nguyen Hung Manh and Nguyen Mylan B
Bought by
Brotman Aaron A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2005
Sold by
Brotman Stacey K
Bought by
Brotman Aaron A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1996
Sold by
Pressler Jeannette H
Bought by
Nguyen Hung Manh and Nguyen Mylan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.8%
Mortgage Type
Commercial
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
Accessible Housing Of Arizona Llc -- None Listed On Document
Accessible Housing Of Arizona Llc -- None Available
Ferrara William Anthony -- Accommodation
Ferrara William A -- Driggs Title Agency Inc
Ferrara William Anthony -- American Home Title Llc
Accessible Housing Of Arizona Llc -- None Available
Ferrara William Anthony -- Stewart Title & Trust Of Pho
Ferrara William Anthony $159,000 Stewart Title & Trust Of Pho
Valdez Octavio Pinedo $158,400 American Title Service Agenc
Blumberg Lee -- Empire West Title Agency
Foreclosure Assitance Company Llc $73,200 None Available
Huynh Thao $325,000 --
Mission Viejo Properties Llc $297,000 Arizona Title Agency Inc
Brotman Aaron A $175,000 Chicago Title Insurance Co
Brotman Aaron A -- Chicago Title Insurance Co
Nguyen Hung Manh $90,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrara William A $187,700
Previous Owner Ferrara William Anthony $183,000
Previous Owner Ferrara William Anthony $119,250
Previous Owner Valdez Octavio Pinedo $118,800
Previous Owner Blumberg Lee $100,000
Previous Owner Foreclosure Assitance Company Llc $97,200
Previous Owner Huynh Thao $253,600
Previous Owner Brotman Aaron A $122,500
Previous Owner Nguyen Hung Manh $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $159,000 -3.3% $53 / Sq Ft
09/18/2014 09/18/14 Pending -- -- --
09/04/2014 09/04/14 For Sale $164,500 +3.9% $54 / Sq Ft
03/20/2014 03/20/14 Sold $158,400 -4.0% $52 / Sq Ft
02/13/2014 02/13/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $165,000 -- $55 / 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 $1,565 $11,721 -- --
2024 $1,434 $11,163 -- --
2023 $1,434 $39,400 $7,880 $31,520
2022 $1,424 $28,370 $5,670 $22,700
2021 $1,406 $23,920 $4,780 $19,140
2020 $1,420 $21,800 $4,360 $17,440
2019 $1,404 $16,210 $3,240 $12,970
2018 $1,351 $15,270 $3,050 $12,220
2017 $1,365 $13,600 $2,720 $10,880
2016 $1,287 $13,160 $2,630 $10,530
2015 $1,194 $11,310 $2,260 $9,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5166570

Arizona Regional Multiple Listing Service (ARMLS)

APN: 142-43-079