$1,225,000
SOLD MAY 4, 2018

7537 N 21st Ave Phoenix, AZ 85021

Alhambra Neighborhood
-- Bed
-- Bath
950 Sq Ft
1961 Built

Recently Sold

$1,289 Per Sq Ft

6% Below List Price

120 Days on Market

Highlights

  • Wood Flooring
  • Heated Community Pool
  • Central Heating and Cooling System
  • Washington High School Rated A-

About This Home

As of May 2018

Charming cottage apartment complex!!! Rosa Vista Manor offers an investor the opportunity to purchase an 11 unit garden-style cottage community that shows great pride of ownership. This single story property that is 100% leased. It has an attractive unit mix of spacious one and two bedroom floor plans that range in size from 750 to 950 square feet and include washer/dryer hook-ups, private storage units, carports, individual hot water heaters, fully appointed kitchens and large back yards. The majority of the units have been completely renovated with new ceramic tile, wood flooring, refinished cabinets, new kitchen and bathroom fixtures and many new HVAC Units. The complex also has a new asphalt driveway and courtyard with sparking community pool.

Last Agent to Sell the Property

Danelle Treguboff

West USA Realty License #SA533636000 Listed on: 11/08/2017

West USA Realty

Last Buyer's Agent

John Reed

Copper Sun Real Estate, LLC License #BR521235000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $744

Year Built

  • Built in 1961

Home Design

  • Built-Up Roof
  • Block Exterior

Parking

  • 10 Open Parking Spaces
  • 25 Parking Spaces
  • 15 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Orangewood Elementary And Middle School
  • Washington High School

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating
  • Master Water Meter

Additional Features

  • Wood Flooring
  • Additional Parcels

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 23
  • Assessor Parcel Number 157-19-011

Community Details

Overview

  • 5 Buildings
  • 11 Units
  • Building Dimensions are 252 x 150
  • Rosa Vista Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $9,744
  • Gross Income $115,533
  • Net Operating Income $105,689

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$744

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 21st ave and Northern
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 5
  • Year Built: 1961
  • Tax Year: 2017
  • Directions: I-17 North to northern, east on northern to 21st ave, south on 21st ave. Property is on east side of 21st ave. Do NOT disturb tenants.. drive by only.
  • Road Surface Type: Asphalt
  • Subdivision Name: Rosa Vista
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 15.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 25.0
  • General Property Description:Covered Parking Spcs: 15.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Individual
  • Heating: Individual, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Community Amenities:Pool2: Yes

Fee Information

  • Annual Water Sewer Expense: 6000.0

Schools

  • Elementary School: Orangewood School
  • High School: Washington High School
  • Middle Or Junior School: Orangewood School

Lot Info

  • Lot Size: 252 x 150
  • Additional Parcels: Yes
  • Parcel #: 157-19-011

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 11
  • Electric Expense: 3000.0
  • Annual Gross Income: 115533.0
  • Property Net Operating Income: 105689.0
  • Annual Operating Expense: 9744.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 744.0
  • Tax Book Number: 157.00
  • Tax Lot: 23

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $1,975,000 -5.0% --
03/17/2025 03/17/25 For Sale $2,080,000 +69.8% --
05/04/2018 05/04/18 Sold $1,225,000 -5.5% $1,289 / Sq Ft
01/08/2018 01/08/18 Price Changed $1,296,000 -0.1% $1,364 / Sq Ft
11/29/2017 11/29/17 Price Changed $1,297,000 -0.2% $1,365 / Sq Ft
11/06/2017 11/06/17 For Sale $1,299,000 +85.6% $1,367 / Sq Ft
07/31/2015 07/31/15 Sold $700,000 0.0% $737 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
08/28/2014 08/28/14 For Sale $700,000 -- $737 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Paul Bay

    Seller's Agent in 2025

    Paul Bay

    Marcus & Millichap

    (480) 600-2626

    1 in this area

    16 Total Sales

    Paul Bay
    Section Image
  • Danelle Treguboff

    Seller's Agent in 2018

    Danelle Treguboff

    West USA Realty

    (623) 628-6866

    56 Total Sales

    Danelle Treguboff
    Section Image

  • J

    Buyer's Agent in 2018

    John Reed

    Copper Sun Real Estate, LLC

    Section Image

  • J

    Seller's Agent in 2015

    Jeff Seaman

    CBRE, Inc

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5685185

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85021 Alhambra

7537 N 21st Ave, Phoenix, AZ

This home is located at 7537 N 21st Ave, Phoenix, AZ 85021 and is currently priced at $1,225,000, approximately $1,289 per square foot. This property was built in 1961. 7537 N 21st Ave is a home located in Maricopa County with nearby schools including Orangewood School, Washington High School, and SC Jensen Online.

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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