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$1,890,000

Beds
3
Baths
1.0
sq ft
1,904

6405 North 75th Avenue, Glendale, AZ 85303

6405 North 75th Avenue

Glendale, AZ 85303

  • 361 days on market
    • Price drop $460,000↓
Property is currently zoned for R-1 Max 3.525 units/dwellings per acre Can be subdivided for high density allowing for smaller lot sizes. Rezoning is not a requirement for high density Rezoning would be required for multi-family and a pre-application meeting is required. Great investment opportunity for multi-family or multi housing, rezoning would be required. The main entrance is from 75th Avenue. This property is the perfect opportunity for multifamily development, a rehabilitation center, the possibilities for capital gains are endless! Main home will need to be demolished per seller's instructions.

Details

Property type

Single Family Residence

Est. home value

$629,078

Lot size

3.17 acres

Price per sq ft

$993

Year built

1953

Annual property taxes

$2,170

Price History

04/04/2024
ArizonaRegional

ArizonaRegional #6633881

Price change
$1,890,000
-19.57%
11/24/2023
ArizonaRegional

ArizonaRegional #6633881

Listed
$2,350,000

Schools & Community

Elementary school: 

Desert Garden Elementary School

Middle school: 

Challenger Middle School

High school: 

Independence High School

High school district: 

Glendale Union High School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Sunwest Fcu

Loan start date

December 2022

Original loan amount

$80,000

Est. remaining balance

Not provided

Interest rate

6.94%

Loan type

Not Provided

Seller

Timothy Mark Hill

Lender

Stanchart Mtg Company

Loan start date

July 1994

Original loan amount

$90,000

Est. remaining balance

$0

Interest rate

8.25%

Loan type

New Conventional, 30 year

Seller

Timothy Mark Hill and Irene Ellen Hill

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/19/2024 at 5:35 PM

Listing updated: 08/23/2024 at 7:47 PM

Listed by: Thomas Witt, RE/MAX Professionals Phone #: (623) 643-1000

MLS: ArizonaRegional #6633881

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