$455,000
SOLD MAR 31, 2025
-- Bed
-- Bath
642 Sq Ft
1983 Built

Recently Sold

$709 Per Sq Ft

24% Below List Price

44 Days on Market

Highlights

  • Cooling Available
  • Sunnyslope High School Rated A
  • Individual Controls for Heating

About This Home

As of March 2025

Value add opportunity to purchase 5 units that are currently gutted and ready for renovations. All units can be fitted as 2bed/1bath units.

Fire occurred on neighboring property in December of 2024 that caused damages to the property.

Last Agent to Sell the Property

Jackson Everhart

Orion Investment Real Estate License #SA689433000

Last Buyer's Agent

Ronald Schmidt

West USA Realty License #SA671980000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,847

Year Built

  • Built in 1983

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 159-12-036-C

Community Details

Overview

  • 5 Units
  • Building Dimensions are 133.4 x 103.5

Building Details

  • Operating Expense $1,847
  • Gross Income $79,800
  • Net Operating Income $58,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,847

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: 17th Avenue and Shangri La Road
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2024
  • Directions: N 19th Avenue turn right on Shangri La Road and left on 17th Avenue.
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: C
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0

Utilities

  • Electric: APS
  • Cooling: Electric, Individual
  • Heating: Other, Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 133.4 x 103.5
  • Additional Parcels: No
  • Parcel #: 159-12-036-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 5
  • Annual Gross Income: 79800.0
  • Property Net Operating Income: 58800.0
  • Annual Operating Expense: 1847.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1847.0
  • Tax Book Number: 159.00
  • Tax Lot: NA

Map

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
03/31/2025 03/31/25 Sold $455,000 -11.7% $709 / Sq Ft
03/04/2025 03/04/25 Price Changed $515,000 -3.7% $802 / Sq Ft
02/18/2025 02/18/25 Price Changed $535,000 -10.8% $833 / Sq Ft
01/20/2025 01/20/25 For Sale $599,999 -11.1% $935 / Sq Ft
09/13/2024 09/13/24 Sold $675,000 0.0% $1,051 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $675,000 -- $1,051 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6807967

Arizona Regional Multiple Listing Service (ARMLS)