NOT LISTED FOR SALE

7521 W Palmaire Ave Glendale, AZ 85303

Estimated Value: $435,797 - $597,000

-- Bed
-- Bath
2,805 Sq Ft
$189/Sq Ft Est. Value

Last Sold April 27, 2012

Last sale price $138,500 $49 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $2,929/month

3 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of April 2012

Fully remodeled 4-plex in Glendale! Everything has been recently updated. New windows, carpet, paint, tile and appliances have been installed all within the last year. Roof was recently re-rolled and AC units have been serviced. Fantastic income property, each unit has 2 bedrooms/1bath. Easy to care for desert landscaping. Owner has made improvements to nearly every inch of this property.

Last Agent to Sell the Property

Christine Battaglia

HomeSmart License #SA535261000 Listed on: 03/22/2012

HomeSmart

Last Buyer's Agent

Stephen Farnworth

Russ Lyon Sotheby's International Realty License #SA575421000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1973

Lot Details

  • Property fronts an alley

Home Design

  • Foam Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 76
  • Assessor Parcel Number 142-43-078

Community Details

Overview

  • 4 Units
  • Building Dimensions are 76X130

Building Details

  • Operating Expense $1,292

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,292

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: 75th Ave & Glendale
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2011
  • Directions: North on 75th Ave from Glendale Ave. West on Palmaire. **To access property, take Palmaire west from 75th, turn south on 76th Ave, turn left at 1st driveway-3rd building on your left.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Other (See Remarks), F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Foam, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Add'l Parking Avail, 1 Space/Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • Heating: Other, See Remarks, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Exterior Amenities:Satellite Dish: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 76X130
  • Additional Parcels: No
  • Parcel #: 142-43-078

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 1292.0

Tax Info

  • Tax Annual Amount: 1292.0
  • Tax Book Number: 142.00
  • Tax Lot: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2012
Closed on
Mar 26, 2012
Sold by
Hodge Matthew
Bought by
Wollman Robert G and Wollman Barbara Ann
Seller's Agent
Christine Battaglia
HomeSmart
Buyer's Agent
Stephen Farnworth
Russ Lyon Sotheby's International Realty
List Price
$138,500
Sold Price
$138,500
Current Estimated Value
$528,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,449
Avg. Annual Appreciation
10.49%
Original Mortgage
$103,875
Outstanding Balance
$71,714
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$457,235

Purchase Details

Closed on
Sep 27, 2010
Sold by
Chen Yulien
Bought by
Hodge Matthew

Purchase Details

Closed on
Sep 11, 2009
Sold by
Nokeo Bouasone and Chen Yulien
Bought by
Chen Yulien and Nokeo Bouasone

Purchase Details

Closed on
Aug 23, 2000
Sold by
Mcgovern Kenneth L and Mcgovern Delia M
Bought by
Nokeo Bouasone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
8.2%
Mortgage Type
New Conventional
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
Wollman Robert G $138,500 First American Title Ins Co
Hodge Matthew $64,500 None Available
Chen Yulien -- None Available
Nokeo Bouasone $135,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wollman Robert G $103,875
Previous Owner Nokeo Bouasone $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2012 04/27/12 Sold $138,500 0.0% $49 / Sq Ft
03/25/2012 03/25/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $138,500 -- $49 / 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 $1,497 $11,213 -- --
2024 $1,372 $10,679 -- --
2023 $1,372 $37,450 $7,490 $29,960
2022 $1,363 $26,980 $5,390 $21,590
2021 $1,346 $22,800 $4,560 $18,240
2020 $1,358 $20,780 $4,150 $16,630
2019 $1,343 $15,410 $3,080 $12,330
2018 $1,292 $14,530 $2,900 $11,630
2017 $1,306 $12,960 $2,590 $10,370
2016 $1,231 $12,530 $2,500 $10,030
2015 $1,142 $10,750 $2,150 $8,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4733501

Arizona Regional Multiple Listing Service (ARMLS)

APN: 142-43-078