$2,475,000
$125K PRICE DROP

6043 W Laurie Ln Glendale, AZ 85302

Estimated payment $14,056/month

Total Views 1,489
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Community Barbecue Grill
  • Individual Controls for Heating
  • Community Playground
  • Vinyl Flooring

About This Home

Laurie Lane is a fully renovated, turnkey, 8-unit, single-story community in
the heart of Glendale, AZ—one of the fastest-growing cities in the region.
Fueled by a booming economy, expanding infrastructure, and an influx of new
businesses and residents, Glendale is undergoing unprecedented growth.
Extensively upgraded in 2023, Laurie Lane offers a ''like new'' asset featuring
two fourplexes on separate parcels. The unit mix consists of six one-bedroom
and two two-bedroom apartments, averaging 698 square feet.
The property showcases a lush, expansive courtyard between the two buildings,
while each unit boasts a private enclosed outdoor space.

Listing Agent

Christopher Gitibin

My Home Group Real Estate License #SA657919000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,898

Year Built

  • Built in 1958

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Additional Features

  • Vinyl Flooring
  • Additional Parcels

Listing and Financial Details

  • Tax Lot Lots 16 and 17
  • Assessor Parcel Number 143-14-016-A

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are Lots 16 and 17, Glendale Estates

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Building Details

  • Operating Expense $14,509
  • Gross Income $432,720
  • Net Operating Income $114,229

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,898

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: Laurie Lane & 61st Ave
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2024
  • Directions: 6043 West Laurie Lane and 6049 Laurie Lane, Glendale, AZ 85302-5833
  • Road Surface Type: Concrete, Curb(s) & Gutter(s)
  • Professional Management Expense: 0.06
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Barbecue: Yes
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/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: Individual
  • Heating: Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Play Area

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1700.0
  • Annual Water Sewer Expense: 1699.0

Lot Info

  • Lot Size: Lots 16 and 17, Glendale Estates
  • Additional Parcels: Yes
  • Parcel #: 143-14-016-A

Multi Family

  • Owner Pays: Other
  • Number Of Units Total: 8
  • Electric Expense: 2860.0
  • Annual Gross Income: 432720.0
  • Insurance Expense: 3199.0
  • Maintenance Expense: 953.0
  • Property Net Operating Income: 114229.0
  • Annual Operating Expense: 14509.06
  • Vacancy Allowance Rate: 4.0

Tax Info

  • Tax Annual Amount: 2898.0
  • Tax Book Number: 143.00
  • Tax Lot: Lots 16 and 17

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,506 $11,284 -- --
2024 $1,380 $10,747 -- --
2023 $1,380 $37,100 $7,420 $29,680
2022 $1,371 $28,380 $5,670 $22,710
2021 $1,354 $27,320 $5,460 $21,860
2020 $1,367 $23,510 $4,700 $18,810
2019 $1,352 $19,310 $3,860 $15,450
2018 $1,300 $18,610 $3,720 $14,890
2017 $1,314 $17,350 $3,470 $13,880
2016 $1,239 $15,670 $3,130 $12,540
2015 $1,149 $12,550 $2,510 $10,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $2,475,000 -4.8% --
03/19/2025 03/19/25 For Sale $2,600,000 +13.0% --
02/29/2024 02/29/24 Sold $2,300,000 -4.2% $1,643 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $2,400,000 +500.0% $1,714 / Sq Ft
11/23/2016 11/23/16 Sold $400,000 -12.9% $286 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $459,000 -- $328 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $1,150,000 Old Republic Title Agency
Warranty Deed $657,500 Old Republic Title
Warranty Deed $657,500 Old Republic Title
Warranty Deed $420,000 Security Title Agency Inc
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Quit Claim Deed -- Lawyers Title Of Arizona Inc
Special Warranty Deed $509,850 Pioneer Title Agency Inc
Warranty Deed -- None Available
Quit Claim Deed -- Accommodation
Interfamily Deed Transfer -- None Available
Warranty Deed $215,500 Lawyers Title Insurance Corp
Interfamily Deed Transfer -- Capital Title Agency Inc
Interfamily Deed Transfer -- Chicago Title Insurance Co
Special Warranty Deed $249,950 Lawyers Title Insurance Corp
Cash Sale Deed $400,000 Lawyers Title Insurance Corp
Interfamily Deed Transfer -- Camelback Title Agency Llc
Interfamily Deed Transfer -- Ticor Title Agency Of Az Inc
Interfamily Deed Transfer -- Ticor Title Agency Of Az Inc
Cash Sale Deed $25,000 First American Title Ins Co
Interfamily Deed Transfer -- --
Quit Claim Deed -- Capital Title Agency
Quit Claim Deed -- --
Warranty Deed $270,000 Security Title Agency
Cash Sale Deed $190,000 First American Title
Interfamily Deed Transfer -- Capital Title Agency
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Trustee Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $47,000 Grand Canyon Title Agency In
Warranty Deed -- --
Warranty Deed -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- Transamerica Title Ins Co
Warranty Deed -- Security Title Agency
Quit Claim Deed -- Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $690,000 New Conventional
Previous Owner $493,125 New Conventional
Previous Owner $493,125 New Conventional
Previous Owner $240,000 New Conventional
Previous Owner $159,840 New Conventional
Previous Owner $1,600,000 Purchase Money Mortgage
Previous Owner $161,625 New Conventional
Previous Owner $220,000 Purchase Money Mortgage
Previous Owner $60,000 Seller Take Back
Previous Owner $42,190 New Conventional
Closed $210,000 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6837624

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-14-016A