4717 W Nicolet Ave Glendale, AZ 85301
Highlights
- RV or Boat Parking
- Ceiling Fan
- Heating System Uses Natural Gas
- Cooling Available
- Vinyl Flooring
About This Home
As of September 2024Don't miss this fantastic opportunity to own a unique multi-unit investment property with tons of value added potential! A charming complex that features 3 rental units. The main house boasts terrific curb appeal, accompanied by a cozy guest house and a garage conversion. The property is designed for easy care, with fenced yards, a mix of covered and open patio spaces, and spacious parking. Two of the three units are currently occupied by long-term, reliable tenants, ensuring immediate rental income. The third unit has been recently upgraded and is ready to be rented. In addition to the living spaces, this property includes a large storage unit and offers a high land-to-building ratio. This means there's plenty of excess space for RV or boat parking.
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,799
Year Built
- Built in 1944
Home Design
- Wood Frame Construction
- Built-Up Roof
- Stucco
Interior Spaces
- Ceiling Fan
- Vinyl Flooring
Parking
- 5 Open Parking Spaces
- 7 Parking Spaces
- 2 Covered Spaces
- Common or Shared Parking
- RV or Boat Parking
Schools
- Melvin E Sine Elementary And Middle School
- Apollo High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for gas, electricity, trash collection, water, sewer, landscaping
- Tax Lot 34
- Assessor Parcel Number 147-11-034
Community Details
Overview
- 3 Buildings
- 3 Units
- Building Dimensions are 154.5 x 120.86
- Nicolet Place Subdivision
Building Details
- Operating Expense $15,948
- Gross Income $41,067
- Net Operating Income $26,871
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | Sold | $562,000 | 0.0% | $427 / Sq Ft |
| 09/30/2024 09/30/24 | Sold | $562,000 | -6.3% | $426 / Sq Ft |
| 09/05/2024 09/05/24 | For Sale | $600,000 | 0.0% | $456 / Sq Ft |
| 09/05/2024 09/05/24 | For Sale | $600,000 | +372.8% | $455 / Sq Ft |
| 07/27/2012 07/27/12 | Sold | $126,900 | -2.3% | $96 / Sq Ft |
| 07/02/2012 07/02/12 | Pending | -- | -- | -- |
| 06/29/2012 06/29/12 | For Sale | $129,900 | -- | $99 / Sq Ft |
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 | $1,963 | $14,709 | -- | -- |
| 2024 | $1,799 | $14,009 | -- | -- |
| 2023 | $1,799 | $32,900 | $6,580 | $26,320 |
| 2022 | $1,788 | $20,850 | $4,170 | $16,680 |
| 2021 | $1,765 | $20,180 | $4,030 | $16,150 |
| 2020 | $1,782 | $17,410 | $3,480 | $13,930 |
| 2019 | $1,762 | $16,670 | $3,330 | $13,340 |
| 2018 | $1,695 | $14,320 | $2,860 | $11,460 |
| 2017 | $850 | $9,310 | $1,860 | $7,450 |
| 2016 | $801 | $6,820 | $1,360 | $5,460 |
| 2015 | $744 | $5,710 | $1,140 | $4,570 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $54,000 | Stand Alone Second | |
| Previous Owner | $216,000 | Purchase Money Mortgage | |
| Previous Owner | $216,000 | Purchase Money Mortgage | |
| Previous Owner | $142,800 | New Conventional | |
| Previous Owner | $79,900 | New Conventional | |
| Closed | $10,000 | No Value Available | |
| Closed | $35,700 | No Value Available |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $562,000 | Title Alliance Professionals | |
| Warranty Deed | $138,000 | Title Alliance Professionals | |
| Cash Sale Deed | $126,900 | None Available | |
| Trustee Deed | $50,001 | None Available | |
| Interfamily Deed Transfer | -- | Magnus Title Agency | |
| Warranty Deed | $280,000 | Title Security Agency Of Az | |
| Warranty Deed | $178,500 | First American Title Ins Co | |
| Warranty Deed | $99,900 | Grand Canyon Title Agency In | |
| Interfamily Deed Transfer | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6754785
APN: 147-11-034
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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