NOT LISTED FOR SALE

7611 N 74th Ave Glendale, AZ 85303

Estimated Value: $2,163,030

Studio
-- Bath
8,215 Sq Ft
$263/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2025

Last sale price $2,197,500 $267 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $12,446 / mo

156 Days on Market

Highlights

  • 0.51 Acre Lot
  • Cooling Available
  • Heating Available

About This Home

As of June 2025

Single Tenant Owner/User Industrial Building With Secured Yard/Parking.
This Freestanding Building features owned solar panels offering a Buyer
drastically reduced electrical bills. Currently approximately 40% Office 60%
Warehouse, the Office footprint can be reduced back to the original
approximately 20% if desired. Fully Fenced Secured Property with Yard- All on
Reinforced Concrete.
- Approximately 12-14' Clear Height
- Two Grade Level Doors
- +/- 1,000 Amps 120/208 3 Phase Power
- Recoated Roof 2023, Some AC Units Recently Replaced

Last Agent to Sell the Property

Jim Lieberthal

Cutler Commercial License #BR516852000 Listed on: 01/17/2025

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,589

Year Built

  • Built in 2001

Lot Details

  • 22,000 Sq Ft Lot
  • Property is zoned M-1

Home Design

  • 8,215 Sq Ft Home
  • Block Exterior

Parking

  • 10 Parking Spaces
  • 5 Covered Spaces
  • Fenced Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Operating Expense $12,589

Listing and Financial Details

  • Tax Lot M22
  • Assessor Parcel Number 143-25-032

Property Details

Property Type

Other

Est. Annual Taxes

$12,589

Year Built

Built in 2001

Lot Details

0.51 Acres

Listing Details

  • Cross Street: 74th Ave & Frier
  • Property Type: Comm/Industry Sale
  • Zoning: M-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2001
  • Tax Year: 2024
  • Lot Size Acres: 0.51
  • Structure Type: Commercial, Industrial, Manufacturing, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 8215.0

Exterior Features

  • Fencing: Other
  • Disclosures: Other (See Remarks)
  • Construction Type: Block
  • Roof: Other
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Fenced
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features Fenced: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 22000.0
  • Parcel #: 143-25-032

Multi Family

  • Annual Operating Expense: 12589.0

Tax Info

  • Tax Annual Amount: 12589.0
  • Tax Book Number: 143.00
  • Tax Lot: M22
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2023
Sold by
Toolcraft Of Phoenix Inc
Bought by
Mip74 Llc
Current Estimated Value
$2,163,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$842,500
Outstanding Balance
$818,076
Interest Rate
6.57%
Mortgage Type
Seller Take Back
Estimated Equity
$1,344,954
Source: Public Records
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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
Mip74 Llc $1,685,000 Kensington Vanguard National T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mip74 Llc $842,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $2,197,500 -2.8% $267 / Sq Ft
04/01/2025 04/01/25 Price Changed $2,260,000 -3.8% $275 / Sq Ft
01/17/2025 01/17/25 For Sale $2,350,000 -- $286 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $12,688 $91,455 -- --
2024 $11,886 $89,822 -- --
2023 $11,886 $153,391 $25,602 $127,789
2022 $12,156 $116,166 $16,573 $99,593
2021 $12,346 $118,710 $15,624 $103,086
2020 $12,462 $109,692 $17,226 $92,466
2019 $12,325 $99,180 $15,246 $83,934
2018 $11,858 $94,788 $13,770 $81,018
2017 $11,981 $83,358 $13,374 $69,984
2016 $11,295 $75,834 $13,284 $62,550
2015 $10,772 $68,265 $11,914 $56,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6806911

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-25-032

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