5911 W Lamar Rd Unit 2 Glendale, AZ 85301
Estimated payment $3,676/month
Highlights
- Cooling System Mounted To A Wall/Window
- Ceramic Tile Flooring
- Heating Available
About This Home
FANTASTIC LOCATION! Cash cow with long term tenants. Located within walking distance to Historic Glendale shopping and restaurant fare. Minutes on Grand Ave puts you in downtown Phoenix. Close to all Westgate amenities and spring training venues. Studio units sustainably developed with tile counter tops, tiled showers, tiled floors, with very little to replace. Each unit features a private courtyard patio. Units separately metered for APS. Some deferred maintenance is necessary which is reflected in the price.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $648
Year Built
- Built in 1940
Home Design
- Block Exterior
- Stucco
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Additional Features
- Ceramic Tile Flooring
- Additional Parcels
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 144-10-074
Community Details
Overview
- 3 Buildings
- 6 Units
- Building Dimensions are 2250
- Orchard Add Blk 20 21 22, & 38 39 40 Amd Subdivision
Building Details
- Operating Expense $8,566
- Gross Income $68,384
- Net Operating Income $61,214
Map
Home Values in the Area
Average Home Value in this Area
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 | $648 | $4,853 | -- | -- |
| 2024 | $594 | $4,622 | -- | -- |
| 2023 | $594 | $17,400 | $3,480 | $13,920 |
| 2022 | $590 | $13,070 | $2,610 | $10,460 |
| 2021 | $582 | $11,270 | $2,250 | $9,020 |
| 2020 | $588 | $9,550 | $1,910 | $7,640 |
| 2019 | $581 | $8,770 | $1,750 | $7,020 |
| 2018 | $559 | $7,360 | $1,470 | $5,890 |
| 2017 | $565 | $6,820 | $1,360 | $5,460 |
| 2016 | $533 | $5,050 | $1,010 | $4,040 |
| 2015 | $494 | $4,560 | $910 | $3,650 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2025 03/13/25 | For Sale | $649,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $105,000 | Grand Canyon Title Agency | |
| Cash Sale Deed | $36,300 | None Available | |
| Cash Sale Deed | $26,500 | Stewart Title & Trust Of Pho | |
| Warranty Deed | $232,000 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $130,000 | Commercial | |
| Closed | $130,000 | Commercial | |
| Closed | $105,000 | New Conventional | |
| Previous Owner | $75,000 | Unknown | |
| Previous Owner | $42,400 | Purchase Money Mortgage | |
| Previous Owner | $144,000 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6834878
APN: 144-10-074
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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