NOT LISTED FOR SALE

7553 N 21st Ave Unit 1-4 Phoenix, AZ 85021

Alhambra Neighborhood

Estimated Value: $694,917 - $1,008,000

-- Bed
4 Baths
-- Sq Ft
0.27 Acres

Last Sold January 15, 2014

Last sale price $305,000

Est. 171% increase in value since last sale

Current estimated payment $4,822/month

87 Days on Market

Highlights

  • Central Heating and Cooling System
  • Washington High School Rated A-
  • Ceiling Fan

About This Home

As of January 2014

GORGEOUS & RARE NEWER 4-PLEX BLT 2003 ON LARGE CORNER LOT (1/4 ACRE+)IN DESIRABLE AREA NEAR SHOPPING, SCHOOLS, BUS LINE & FREEWAYS. ALL SPACIOUS & IMMACULATE 2 BED/1 BATH UNITS WITH NEWER TILE THRU OUT, LG. EAT IN KITCHENS & 3 OF 4 COME WITH STACK WASHER/DRYERS IN UNIT & PRIVATE FENCED YARDS!! RAISED PANEL 36'' DOORS FOR WHEELCHAIR ACCESS. NEW ROOF & AC UNITS & EXT PAINT & NEW LANDSCAPE DESIGN WITHIN THE LAST FEW YEARS! FULLY OCCUPIED TURNKEY PROPERTY WITH RENT ROLL OF $3101....DRIVE BY ONLY, PLEASE DO NOT DISTURB TENANTS!! INSPECTIONS WITH ACCEPTED OFFER ONLY

*BRING YOUR FUSSIEST BUYERS, THEY WILL NOT BE DISAPPOINTED!*

Last Agent to Sell the Property

Kathy Reed

Berkshire Hathaway HomeServices Arizona Properties License #SA034147000 Listed on: 09/20/2013

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Kathy Reed

Berkshire Hathaway HomeServices Arizona Properties License #SA034147000 Listed on: 09/20/2013

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 2003

Lot Details

  • 0.27

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Washington Elementary School - Phoenix
  • Glendale High School

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating

Community Details

  • 4 Units
  • Building Dimensions are 11899
  • Morten Avenue Estates Subdivision

Listing and Financial Details

  • The owner pays for trash collection, landscaping
  • Tax Lot 4
  • Assessor Parcel Number 157-19-119

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,142

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: 21ST AVE & NORTHERN - SOUTH TO PROPERTY
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Year Built: 2003
  • Tax Year: 2012
  • Directions: Southeast corner of 21st Ave & Morten
  • Road Surface Type: Asphalt
  • Subdivision Name: MORTEN AVENUE ESTATES
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Individual, Electric, Ceiling Fan(s)
  • Heating: Individual, Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Partially Furnished: Yes

Fee Information

  • Trash Expense: 1886.0
  • Annual Water Sewer Expense: 615.0

Schools

  • Elementary School: Washington Elementary School - Phoenix
  • High School: Glendale High School

Lot Info

  • Lot Size: 11899
  • Additional Parcels: No
  • Parcel #: 157-19-119

Multi Family

  • Owner Pays: Trash Collection, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 4643.0
  • Insurance Expense: 1081.0

Tax Info

  • Tax Annual Amount: 1142.0
  • Tax Book Number: 157.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2021
Sold by
Grethen Stephanie
Bought by
Grethen Stephanie and Grethen Living Trust
Total Days on Market
87
Current Estimated Value
$826,229

Purchase Details

Closed on
Jan 12, 2021
Sold by
P & K Rental Property Llc
Bought by
Grethen Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$372,348
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$443,340

Purchase Details

Closed on
Jan 31, 2018
Sold by
Chokshi Parag
Bought by
P & K Rental Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2013
Closed on
Jan 14, 2014
Sold by
Newman Thomas R and Newman Tina M
Bought by
Ttaz Llc
Seller's Agent
Kathy Reed
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Kathy Reed
Berkshire Hathaway HomeServices Arizona Properties
List Price
$349,000
Sold Price
$305,000
Premium/Discount to List
-$44,000
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Listed on
Sep 20, 2013
Closed on
Jan 10, 2014
Sold by
Cnm Llc
Bought by
Newman Thomas R and Newman Tina M
Seller's Agent
Kathy Reed
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Kathy Reed
Berkshire Hathaway HomeServices Arizona Properties
List Price
$349,000
Sold Price
$305,000
Premium/Discount to List
-$44,000
-12.61%

Purchase Details

Closed on
Jun 12, 2012
Sold by
Covaciu Cristian and Covaciu Magdalena
Bought by
Cnm Llc

Purchase Details

Closed on
Sep 7, 2011
Sold by
James Clemons Etha M
Bought by
Covaciu Cristian and Covaciu Magdalena

Purchase Details

Closed on
Nov 26, 2007
Sold by
Walker James
Bought by
James Clemons Etha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2005
Sold by
Dp & Kym Properties Llc
Bought by
James Clemons Etha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2003
Sold by
21St Avenue & Morgan Llc
Bought by
Morgan Denis and Morgan Pia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2003
Sold by
21St Avenue & Morten Llc
Bought by
Widdows Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
5.81%
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
Grethen Stephanie -- None Available
Grethen Stephanie $550,000 Magnus Title Agency
P & K Rental Property Llc -- Title Agency Inc
Chokshi Parag $400,000 Great American Title Agency
Ttaz Llc -- None Available
Newman Thomas R $305,000 North American Title Company
Cnm Llc $250,000 Chicago Title
Covaciu Cristian $110,000 Chicago Title
James Clemons Etha M -- Westland Title Agency Of Az
James Clemons Etha M $440,000 The Talon Group Arrowhead
Morgan Denis $296,000 Fidelity National Title
Widdows Michael $299,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grethen Stephanie $412,500
Previous Owner Chokshi Parag $300,000
Previous Owner James Clemons Etha M $330,000
Previous Owner James Clemons Etha M $308,000
Previous Owner Morgan Denis $207,200
Previous Owner Widdows Michael $239,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2014 01/15/14 Sold $305,000 -12.6% --
12/16/2013 12/16/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $349,000 -- --
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 $2,422 $19,801 -- --
2024 $2,378 $18,858 -- --
2023 $2,378 $47,880 $9,570 $38,310
2022 $2,300 $40,910 $8,180 $32,730
2021 $2,330 $39,980 $7,990 $31,990
2020 $2,272 $38,280 $7,650 $30,630
2019 $2,230 $38,230 $7,640 $30,590
2018 $2,172 $32,610 $6,520 $26,090
2017 $2,161 $27,350 $5,470 $21,880
2016 $2,121 $26,720 $5,340 $21,380
2015 $1,965 $20,900 $4,180 $16,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5002118

Arizona Regional Multiple Listing Service (ARMLS)

APN: 157-19-119