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Glendale 85310 Hillcrest Ranch
7221 W CREST Lane
Photo of 7221 W CREST Lane
Sold on Mar 6, 2023

45

Map

Photo of 7221 W CREST Lane
Photo of 7221 W CREST Lane
$494,000
● House - Off Market

7221 W CREST Lane

Glendale, AZ 85310
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,833 Ft²
$512,240
RealtyHop Estimate
3.69%
Since Apr 1, 2023
AZ-Phoenix
Primary Model

About This Property

Picture perfect!  Beautiful, lovingly maintained home. Featuring a spacious front entry room and lovely kitchen/family room.  Kitchen boasts newer ASKO dishwasher, Samsung refrigerator, wall ovens, lovely cabinetry and granite.  Exterior of home painted this year and roof redone with DOUBLE layer of underlayment in 2019.  Bay window and french doors in family room/kitchen showcase the south facing patio and pool.  Perfect for year round indoor/outdoor lifestyle. Generous primary suite with large walk in closet. Pristine front landscaping with mature trees contribute to the curb appeal of this great home. This home features accessibility modifications made by previous owner, including: 36'' hallways, roll in shower and roll under sink in both primary bath and kitchen sink. Come take a look.
Unit Size
1,833 Ft²
Days on Market
88 days
Land Size
0.17 acres
Price per sqft
$270
Property Type
House
Property Taxes
$156
HOA Dues
$98
Year Built
1994

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (ARMLS #6496209)

Price History

Date / Event Date Event Price
Mar 6, 2023 Sold
Premium
Sold
Dec 6, 2022 Listed by Long Realty Uptown $494,000
Listed by Long Realty Uptown
Aug 5, 2015 Sold
Premium
Sold
Jun 7, 2012 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,335
  • Total Building Area: 1,833
  • Gross Building Area: 1,833
  • Building Area: 1,833
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 24
  • Heated Square Feet: 1,833
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLCREST RANCH PARCEL C LOT 1-168 TR A-
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 0131
  • State Land Use Code: 0131
  • Legal Description 1: HILLCREST RANCH PARCEL C LOT 1-168 TR A-K MCR 357-35

Neighborhood

  • School District Name: Deer Valley Unified District
  • Census Tract: 614000

Zoning

  • Zoning: PAD

Geography

  • Assessors Map Reference: 35735
  • Parcel: 200-06-419
  • Lot: 138
  • Meridian: SEC 13 TWN 4N RNG 1E
  • Municipality: GLENDALE
  • Latitude: 33.6846
  • Longitude: -112.214

    Address

  • Full Address: 7221 W Crest Ln
  • Address - House Number: 7221
  • Street Direction: W
  • Address - Street Name: Crest
  • Address - Suffix Type: Ln
  • State: AZ
  • City Name: Glendale
  • Carrier Code: R017
  • 4-Digit Zip Code: 5614
  • Zip Code: 85310

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $191,796
  • Tax Rate Code Area: 970706

    Appraisal Valuation

  • Standard Deviation: 0.1446
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 510,347
  • High Value: 584,153
  • Low Value: 436,540

    Market Valuation

  • Market Total Value: $352,100
  • Market Land Value: $70,400
  • Market Improvement Value: $281,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,210
  • Assessed Land Value: $7,040
  • Assessed Improvements Value: $28,170

    Sales

  • Current Sale Contract Date: Mar 06, 2023
  • Current Sale Recording Date: Mar 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 111519
  • Previous Sale Recording Date: Aug 05, 2015
  • Previous Sale Contract Date: Jul 07, 2015
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cholla

Stats & Trends

Median Asking:

$550,000

Sale Price/ft²

$274

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2320 ft²

Average Home Age

31.6 years

Currently For Sale

117 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7922 W Ross Avenue, Peoria, AZ, 85382

$2,495 /mo

  • 4 Beds
  • 2 Baths
  • 2,136 ft²
7922 W Ross Avenue, Peoria, AZ, 85382 Listing by Mario Montoya
Unit for rent at 21914 N 74th Lane, Glendale, AZ, 85310

$2,900 /mo

  • 4 Beds
  • 3 Baths
  • 2,037 ft²
21914 N 74th Lane, Glendale, AZ, 85310 Listing by Randi M Weiss Harris
Unit for rent at 6434 W Kristal Way, Glendale, AZ, 85308

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,967 ft²
6434 W Kristal Way, Glendale, AZ, 85308 Listing by Tonya Jordan

Rentals Near You

Click here to view more rentals in the neighborhood.
ARMLS

Listed by: Ken Elder, Long Realty Uptown
Last Updated: 2 months ago
Data Source: ARMLS, MLS# 6496209
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 7221 West Crest Lane built and last sold?
The property at 7221 West Crest Lane was built in 1994 and last sold on Mar 6, 2023 for $494,000.
How much is this home worth?
The estimated value of the home located at 7221 West Crest Lane is $0.
What are some comparable homes to 7221 West Crest Lane?
There are currently no comparable homes to 7221 West Crest Lane.
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