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7025 North 55th Avenue

7025 North 55th Avenue, Glendale, AZ 85301
Local assessors in Glendale, AZ have categorized 7025 North 55th Avenue as a exempt type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 18,300 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7025 North 55th Avenue has a total of 8,784 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with tilt-up (pre-cast concrete) control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of concrete block were used in the construction of the exterior walls of the home. The home's a space/suspended heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7025 North 55th Avenue was last sold in Oct 5, 2018 for $700,000. According to our calculations, that's $79.69 per sqft. Current property owners are expected to pay $0 in taxes per year. The property on 7025 North 55th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $87,345. To break that down further, the land itself was valued at $24,720. While improvements to the property were assessed at a total of $62,625. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180906
09/06/2018
Studio
-
8784 ft²
$749,000
bedrooms
Studio
bathrooms
-
square feet
8784 ft²
$700,000 -6.54%
11/16/2018
-
Earle L Shroyer

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Tilt-up (pre-cast concrete)
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,300
  • Total Building Area: 8,784
  • Gross Building Area: 8,784
  • Building Area: 8,784
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Space/suspended
  • Heated Square Feet: 8,784
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Exempt
  • Subdivision: PARK PLACE BLKS 1,3,4
  • Land Acres: 0.42
  • Standard Land Use Code: Religious, church, worship
  • Legal Description 1: PARK PLACE BLKS 1,3,4 MCR 4-40

Ownership

  • Current Owner : MOUNTZION PRAYER MINISTRIES INTERNATIONA
  • Previous Owner : GLENDALE DOOR CHRISTIAN FELLOWSHIP MINIS
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Glendale Elementary District
  • Census Tract: 092500

Zoning

  • Zoning: C-C

Geography

  • Assessors Map Reference: MB 440
  • Parcel: 147-17-092-A
  • Block: 1,3
  • Lot: 9
  • Meridian: SEC 5 TWN 2N RNG 2E
  • Municipality: GLENDALE
  • Latitude: 33.5395
  • Longitude: -112.177

    Address

  • Full Address: 7025 N 55th Ave
  • Address - House Number: 7025
  • Street Direction: N
  • Address - Street Name: 55th
  • Address - Suffix Type: Ave
  • State: AZ
  • City Name: Glendale
  • Carrier Code: C030
  • 4-Digit Zip Code: 2511
  • Zip Code: 85301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 400700

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $595,000
  • First Open Lien Mortgage Lender: MIDFIRST BANK
  • First Open Lien Mortgage Recording Date: Nov 16, 2018
  • First Open Lien Mortgage Loan Amount: $595,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 30, 2028

    Market Valuation

  • Market Total Value: $582,300
  • Market Land Value: $164,800
  • Market Improvement Value: $417,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,345
  • Assessed Land Value: $24,720
  • Assessed Improvements Value: $62,625

    Exemptions

  • Religious Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 05, 2018
  • Current Sale Recording Date: Nov 16, 2018
  • Current Sale Transaction ID: 11533115825
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180852072

    Last Sale Mortgage

  • First Mortgage Lender: MIDFIRST BANK
  • First Mortgage Transaction Date: Nov 16, 2018
  • First Mortgage Loan Amount: $595,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Nov 30, 2028

About Ocotillo



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7025 North 55th Avenue located in?
The 7025 North 55th Avenue is a other located in the neighborhood of Downtown Glendale in Ocotillo, Glendale.
What is the average sales price for listings in 7025 North 55th Avenue?
The average sales price for units in 7025 North 55th Avenue is $749,000 , or $85/sqft. currently.

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