NOT LISTED FOR SALE

8321 N 61st Ave Glendale, AZ 85302

Glendale Area

Estimated Value: $350,095 - $758,000

Studio
-- Bath
3,255 Sq Ft
$165/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2015

Last sale price $163,000 $50 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $3,051 / mo

23 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of April 2015

TENANTS RIGHTS - DRIVE BY ONLY - ALL UNITS ARE OCCUPIED. Back on the market, Buyer failed to perform. This 4 PLEX is priced to sell. All units are 2 bedroom/1 bath with monthly rent at 3/525.00 and 1/500.00. All units are upgraded with 18'' tile in all rooms, refrigerator included. Owner pays water,trash,sewer (see expense below). Each unit is individually metered for electric which the tenant is responsible for. Vacancy rate is very low. Never a problem leasing out a unit. Great Investment Property - lowest price in the neighborhood so act today before it is gone.

Last Agent to Sell the Property

Jessica Senecal

Berkshire Hathaway HomeServices Arizona Properties License #BR564665000 Listed on: 03/10/2015

Berkshire Hathaway HomeServices Arizona Properties

Co-Listed By

Pamela Greene

Berkshire Hathaway HomeServices Arizona Properties License #SA550538000

Last Buyer's Agent

Pamela Greene

Berkshire Hathaway HomeServices Arizona Properties License #SA550538000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,242

Year Built

  • Built in 1973

Lot Details

  • 10,324

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 4
  • Assessor Parcel Number 143-14-027

Community Details

Overview

  • 4 Units
  • Building Dimensions are 10310

Building Details

  • Operating Expense $8,000
  • Gross Income $24,900
  • Net Operating Income $18,142

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,242

Year Built

Built in 1973

Lot Details

10,324 Sq Ft Lot

Listing Details

  • Cross Street: 59th Ave & Olive
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R1-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: solu07
  • Co List Office Phone: 480-838-9613
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes

Utilities

  • Electric: SRP
  • 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

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 4318.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 10310
  • Additional Parcels: No
  • Parcel #: 143-14-027

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 24900.0
  • Insurance Expense: 2240.0
  • Property Net Operating Income: 18142.0
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Annual Amount: 1242.0
  • Tax Book Number: 143.00
  • Tax Lot: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Bought by
Current Estimated Value
$538,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
0.035%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 10, 2015
Closed on
Mar 31, 2015
Sold by
Bought by
Seller's Agent
Jessica Senecal
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Pamela Greene
Berkshire Hathaway HomeServices Arizona Properties
List Price
$165,000
Sold Price
$163,000
Premium/Discount to List
-$2,000
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$120,000
Interest Rate
0.0376%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,175
Interest Rate
0.0421%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,175
Interest Rate
0.0421%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,500
Interest Rate
0.0577%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 1994
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
-- None Available
$163,000 Accommodation
$74,900 Chicago Title
$275,665 Servicelink
$185,000 Fidelity National Title
$65,000 Security Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $318,750
Previous Owner $190,000
Previous Owner $125,000
Previous Owner $120,000
Previous Owner $56,175
Previous Owner $260,000
Previous Owner $18,500
Previous Owner $166,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/08/2015 04/08/15 Sold $163,000 -1.2% $50 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $165,000 -- $51 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,416 $10,207
2024 $1,248 $9,721
2023 $1,248 $41,730 $8,340 $33,390
2022 $1,240 $24,680 $4,930 $19,750
2021 $1,225 $23,670 $4,730 $18,940
2020 $1,236 $20,620 $4,120 $16,500
2019 $1,223 $16,530 $3,300 $13,230
2018 $1,176 $16,000 $3,200 $12,800
2017 $1,189 $14,270 $2,850 $11,420
2016 $1,120 $13,860 $2,770 $11,090
2015 $1,040 $11,850 $2,370 $9,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5248235

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-14-027

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