$130,000
SOLD MAY 17, 2013

7526 W Glenn Dr Glendale, AZ 85303

-- Bed
-- Bath
3,008 Sq Ft
7,754 Sq Ft Lot

Recently Sold

$43 Per Sq Ft

19% Below List Price

236 Days on Market

About This Home

As of September 2014

THIS 4 PLEX HAS BEEN REHABBED WITH NEW ROOF, WITH A HIGE RENT ROLL AND CAP RATE THIS IS AN INVESTORS DREAM. PROFESSIONALLY MANAGED WITH AN ONSITE MANAGER. DON'T HESITATE BECAUSE THIS 4 PLEX WILL BE GONE.

Last Agent to Sell the Property

Brenda Fouts

West USA Realty License #SA535473000 Listed on: 07/25/2012

West USA Realty

Last Buyer's Agent

Carlie Goulet

Keller Williams Realty Phoenix License #BR526378000

Keller Williams Realty Phoenix

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1971

Home Design

  • Brick Exterior Construction
  • Block Exterior

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water
  • Tax Lot 73
  • Assessor Parcel Number 142-43-075

Community Details

Overview

  • 4 Units
  • Building Dimensions are .18 acres
  • Glenn View Estates Subdivision

Building Details

  • Operating Expense $8,180
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,370

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Glendale and 75th ave
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Year Built: 1971
  • Tax Year: 2011
  • Directions: N. FROM GLENDALE ON 75TH AVE. WEST ON GLENN TO GLENN APARTMENTS.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2150.0
  • Subdivision Name: GLENN VIEW ESTATES
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Brick Veneer, Block
  • Roof: See Remarks, Other, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 400.0

Lot Info

  • Lot Size: .18 acres
  • Additional Parcels: No
  • Parcel #: 142-43-075

Multi Family

  • Tenant Pays: Water
  • Number Of Units Total: 4
  • Electric Expense: 500.0
  • Insurance Expense: 400.0
  • Maintenance Expense: 800.0
  • Property Net Operating Income: 19200.0
  • Annual Operating Expense: 8180.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1370.0
  • Tax Book Number: 142.00
  • Tax Lot: 73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
Sep 18, 2014
Sold by
Fortress Properties Llc
Bought by
Carrillo Alfonso E and Carrillo Kay F
Seller's Agent
Carlie Goulet
Keller Williams Realty Phoenix
Buyer's Agent
Carlie Goulet
Keller Williams Realty Phoenix
List Price
$515,000
Sold Price
$485,000
Premium/Discount to List
-$30,000
-5.83%
Current Estimated Value
$506,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,042
Avg. Annual Appreciation
0.48%
Original Mortgage
$106,400
Outstanding Balance
$82,707
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$428,157

Purchase Details

Listed on
Jul 25, 2012
Closed on
May 15, 2013
Sold by
Ikon Business Group Llc
Bought by
Fortress Properties Llc
Seller's Agent
Brenda Fouts
West USA Realty
Buyer's Agent
Carlie Goulet
Keller Williams Realty Phoenix
List Price
$159,900
Sold Price
$130,000
Premium/Discount to List
-$29,900
-18.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
161.44%
Original Mortgage
$284,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2010
Sold by
Sunkara Lakshmi Prasad
Bought by
Ikon Business Group Llc

Purchase Details

Closed on
Jan 26, 2010
Sold by
Ikon Business Group Llc
Bought by
Sunkara Lakshmi Prasad

Purchase Details

Closed on
Apr 29, 2009
Sold by
Bank Of New York
Bought by
Ikon Business Group Llc

Purchase Details

Closed on
Mar 11, 2008
Sold by
Morales Giovanni
Bought by
Bank Of New York

Purchase Details

Closed on
Jan 30, 2007
Sold by
Morales Brenda Ivon
Bought by
Morales Giovanni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,100
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2007
Sold by
Amenero Jose
Bought by
Morales Giovanni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,100
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2006
Sold by
Moreno Monica
Bought by
Moreno Tony

Purchase Details

Closed on
Sep 14, 2004
Sold by
Shamy Sharon K
Bought by
Amenero Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,335
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2001
Sold by
Shamy David F
Bought by
Shamy Sharon K and Shamy Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
6.9%

Purchase Details

Closed on
Jun 9, 1998
Sold by
Mcguinness Mark and Lathrop Charles
Bought by
Fahrni Sue and Bailey Francine S

Purchase Details

Closed on
Dec 23, 1994
Sold by
Rathman Richard J and Rathman Christal T
Bought by
First Phoenix Realty
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $152,000 Millennium Title
Warranty Deed $130,000 Magnus Title Agency
Warranty Deed -- Accommodation
Warranty Deed -- Accommodation
Cash Sale Deed $70,000 First American Title Ins Co
Trustee Deed $279,000 First American Title
Interfamily Deed Transfer -- Stewart Title & Trust Of Pho
Warranty Deed $318,000 Stewart Title & Trust Of Pho
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $206,669 Lawyers Title Ins
Interfamily Deed Transfer -- Chicago Title Insurance Co
Joint Tenancy Deed $330,000 Chicago Title Insurance Co
Warranty Deed -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,400 New Conventional
Previous Owner $284,000 Commercial
Previous Owner $302,100 Purchase Money Mortgage
Previous Owner $250,000 Unknown
Previous Owner $165,335 New Conventional
Previous Owner $115,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $485,000 -5.8% $161 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $515,000 +296.2% $171 / Sq Ft
05/17/2013 05/17/13 Sold $130,000 -18.7% $43 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
07/25/2012 07/25/12 For Sale $159,900 -- $53 / 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 $1,509 $11,307 -- --
2024 $1,383 $10,769 -- --
2023 $1,383 $37,980 $7,590 $30,390
2022 $1,374 $27,450 $5,490 $21,960
2021 $1,357 $22,950 $4,590 $18,360
2020 $1,370 $20,880 $4,170 $16,710
2019 $1,355 $15,680 $3,130 $12,550
2018 $1,303 $14,900 $2,980 $11,920
2017 $1,317 $13,300 $2,660 $10,640
2016 $1,241 $12,750 $2,550 $10,200
2015 $1,152 $11,020 $2,200 $8,820
Source: Public Records

Agents Affiliated with this Home

  • Carlie Goulet

    Seller's Agent in 2014

    Carlie Goulet

    Keller Williams Realty Phoenix

    (480) 788-9660

    33 Total Sales

    Section Image
  • Brenda Fouts

    Seller's Agent in 2013

    Brenda Fouts

    West USA Realty

    (602) 818-9670

    50 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4793968

Arizona Regional Multiple Listing Service (ARMLS)

APN: 142-43-075A

Arizona Maricopa County Glendale 85303

7526 W Glenn Dr, Glendale, AZ

This home is located at 7526 W Glenn Dr, Glendale, AZ 85303 and is currently priced at $130,000, approximately $43 per square foot. This property was built in 1971. 7526 W Glenn Dr is a home located in Maricopa County with nearby schools including Sunset Vista and Independence High School.

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

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