$894,900

7106 N 68th Ave Glendale, AZ 85303

Estimated payment $5,090/month

Total Views 3,787
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heat Pump System

About This Home

Remarkable cash flowing asset with upside in rents! 4-plex property, all 2 bedroom units with 1 full bathroom, in-suite washer and dryer, renovated in 2018. Units are quipped with full appliance package - refrigerator, electric stove and overhead microwave/hood-fan. Easy to maintain, hassle-free investment property.

Listing Agent

Samir Sawhney

XCD Realty & Property Mgmt License #BR645393000 Listed on: 01/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 1964

Home Design

  • Foam Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Desert Spirit Elementary And Middle School
  • Glendale High School

Utilities

  • Central Air
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, landscaping
  • Tax Lot 67
  • Assessor Parcel Number 143-28-074

Community Details

Overview

  • 4 Units
  • Building Dimensions are 60x120
  • Glen West Estates Subdivision

Building Details

  • Operating Expense $9,028
  • Gross Income $82,075
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,608

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: 67th Ave & Glendale
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: GLEN WEST ESTATES
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Central A/C
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 4320.0

Schools

  • Elementary School: Desert Spirit
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Desert Spirit

Lot Info

  • Lot Size: 60x120
  • Additional Parcels: No
  • Parcel #: 143-28-074

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 82075.0
  • Maintenance Expense: 2500.0
  • Property Net Operating Income: 60000.0
  • Annual Operating Expense: 9028.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1608.0
  • Tax Book Number: 143.00
  • Tax Lot: 67

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

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 $1,772 $13,278 -- --
2024 $1,624 $12,646 -- --
2023 $1,624 $42,700 $8,540 $34,160
2022 $1,614 $30,780 $6,150 $24,630
2021 $1,593 $23,580 $4,710 $18,870
2020 $1,608 $21,270 $4,250 $17,020
2019 $1,591 $17,580 $3,510 $14,070
2018 $1,530 $16,700 $3,340 $13,360
2017 $1,546 $17,500 $3,500 $14,000
2016 $1,458 $16,480 $3,290 $13,190
2015 $1,353 $12,350 $2,470 $9,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 For Sale $894,900 +98.9% --
06/15/2020 06/15/20 Sold $450,000 -9.9% $124 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $499,500 +81.6% $137 / Sq Ft
04/02/2018 04/02/18 Sold $275,000 +5.8% $76 / Sq Ft
03/07/2018 03/07/18 Price Changed $260,000 0.0% $71 / Sq Ft
01/06/2018 01/06/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $260,000 +420.0% $71 / Sq Ft
01/06/2015 01/06/15 Sold $50,000 -8.9% $47 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $54,900 -- $52 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $820,000 Magnus Title
Interfamily Deed Transfer -- Magnus Title Agency
Warranty Deed $595,000 Magnus Title Agency
Warranty Deed -- None Available
Warranty Deed $450,000 Chicago Title Agency Inc
Warranty Deed $275,000 Chicago Title Agency Inc
Trustee Deed $225,546 Security Title Agency
Warranty Deed $138,215 Stewart Title & Trust
Warranty Deed $137,000 Capital Title Agency
Warranty Deed $95,000 First American Title
Interfamily Deed Transfer -- First American Title
Cash Sale Deed $63,285 First American Title
Joint Tenancy Deed -- Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,000 New Conventional
Previous Owner $337,500 Adjustable Rate Mortgage/ARM
Previous Owner $192,500 New Conventional
Previous Owner $191,800 Fannie Mae Freddie Mac
Previous Owner $110,550 Purchase Money Mortgage
Previous Owner $109,600 New Conventional
Previous Owner $66,500 New Conventional
Previous Owner $64,700 No Value Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6801939

Arizona Regional Multiple Listing Service (ARMLS)

APN: 143-28-074