NOT LISTED FOR SALE

Estimated Value: $690,000 - $790,727

-- Bed
-- Bath
1,776 Sq Ft
$409/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $450,000 $253 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,179/month

82 Days on Market

Highlights

  • Evaporated cooling system
  • Concrete Flooring
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of December 2018

This brick, garden-style building with HUGE private patios was just torn down to the studs & completely renovated in 2018 opening up the floorplan then finished with premium finishes. Renovation for ALL units include all brand new plumbing from the street & interiors, new roof, new HVAC systems, new energy efficient dual pane windows, new front doors plus security doors, new stainless steel appliances, white shaker cabinets, quartz countertops, wood-look tile floors, bathtubs, tile surround, ceiling fans, lighting interior & exterior, plumbing fixtures & more! Rent is $795/mo plus on-site laundry for extra income. All four units were renovated at the same time with exactly the same finishes. This vibrant infill location has the #1 restaurant in AZ opening next door - Little Miss BBQ!

Last Listed By

Joshua Roubal

Dwellings Realty Group License #SA555438000 Listed on: 09/12/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1964

Lot Details

  • 6,534

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Evaporated cooling system
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 160-03-029

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6534 SQ
  • Remodeled Four Plex Subdivision

Building Details

  • Operating Expense $10,787
  • Gross Income $37,740
  • Net Operating Income $26,953

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,181

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Dunlap & 7th St.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2017
  • Directions: From 7th St & Dunlap, east to 8th Street, north to Puget Avenue.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2856.0
  • Co List Office Mls Id: dllg01
  • Co List Office Phone: 480-629-8136
  • Subdivision Name: Remodeled Four Plex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: BI Oven/Range, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling, Electric, 2 or More Units
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 250.0
  • Annual Water Sewer Expense: 4200.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 6534 SQ
  • Additional Parcels: No
  • Parcel #: 160-03-029

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 37740.0
  • Insurance Expense: 1400.0
  • Property Net Operating Income: 26953.0
  • Annual Operating Expense: 10787.0

Tax Info

  • Tax Annual Amount: 1181.0
  • Tax Book Number: 160.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2021
Sold by
Glassner Stuart
Bought by
Sound801az Llc
Total Days on Market
82
Current Estimated Value
$726,932

Purchase Details

Listed on
Sep 12, 2018
Closed on
Dec 20, 2018
Sold by
Invesource Llc
Bought by
Glassner Stuart
Seller's Agent
Joshua Roubal
Dwellings Realty Group
Buyer's Agent
Tom Witt
RE/MAX Professionals
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$320,000
Interest Rate
4.9%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Jul 8, 2017
Closed on
Jul 28, 2017
Sold by
Lyles Paul B and Lyles Kara L
Bought by
Invesource Llc
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Joshua Roubal
Dwellings Realty Group
List Price
$208,000
Sold Price
$208,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.20%

Purchase Details

Closed on
Aug 10, 2011
Sold by
Caliber Auction Homes Llc
Bought by
Lyles Paul B and Lyles Kara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2011
Sold by
Torres Minerva and Mortgage Electronic Registrati
Bought by
Caliber Auction Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 23, 2005
Sold by
Cruz Eliasar
Bought by
Torres Minerva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,250
Interest Rate
6.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 2, 2005
Sold by
Baltazar Maria R
Bought by
Cruz Eliasar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Sound801az Llc -- New Title Company Name
Glassner Stuart $450,000 Clear Title Agency Of Arizon
Invesource Llc $208,000 North American Title Company
Lyles Paul B $117,500 Pioneer Title Agency Inc
Caliber Auction Homes Llc $61,516 None Available
Torres Minerva -- Camelback Title Agency Llc
Cruz Eliasar -- --
Cruz Eliasar $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glassner Stuart $336,400
Previous Owner Glassner Stuart $320,000
Previous Owner Lyles Paul B $75,000
Previous Owner Caliber Auction Homes Llc $92,000
Previous Owner Torres Minerva $61,250
Previous Owner Torres Minerva $171,500
Previous Owner Cruz Eliasar $153,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2018 12/31/18 Sold $450,000 -5.3% $253 / Sq Ft
10/30/2018 10/30/18 Price Changed $475,000 -4.8% $267 / Sq Ft
10/12/2018 10/12/18 Price Changed $499,000 -0.2% $281 / Sq Ft
09/12/2018 09/12/18 For Sale $499,900 +140.3% $281 / Sq Ft
07/31/2017 07/31/17 Sold $208,000 0.0% $117 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
07/08/2017 07/08/17 For Sale $208,000 -- $117 / 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 $1,324 $10,822 -- --
2024 $1,300 $10,307 -- --
2023 $1,300 $41,460 $8,290 $33,170
2022 $1,257 $29,730 $5,940 $23,790
2021 $1,273 $28,010 $5,600 $22,410
2020 $1,242 $21,780 $4,350 $17,430
2019 $1,219 $18,110 $3,620 $14,490
2018 $1,187 $15,610 $3,120 $12,490
2017 $1,181 $13,280 $2,650 $10,630
2016 $1,159 $11,410 $2,280 $9,130
2015 $1,074 $10,020 $2,000 $8,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5819017

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-03-029