NOT LISTED FOR SALE

Estimated Value: $346,000

0.57 Acre
$607,018 Price per Acre
24,829 Sq Ft Lot

Last Sold October 03, 2023

Last sale price $33,000

Est. 948% increase in value since last sale

Current estimated payment $1,845/month

36 Days on Market

About This Lot

As of October 2023

Are you ready to embark on a remarkable real estate venture? Look no further - we present to you a sprawling 24,904 square foot lot, a blank canvas eagerly awaiting your vision. Nestled in a prime location, this unique property offers a rare chance to transform and redefine its purpose, with boundless possibilities limited only by your imagination. This expansive lot enjoys excellent access to major thoroughfares, ensuring seamless connectivity to key destinations such as schools, shopping centers, recreational facilities, and more. Spanning over 24,904 square feet, this generous expanse of land is your ticket to realizing grand ambitions. The size alone guarantees ample room for an array of development options. Don't be deterred by the presence of power easements - they present an opportunity for strategic design and layout. With thoughtful planning, you can ingeniously incorporate these easements into your future project, maximizing both aesthetics and functionality. Unlock the full potential of this property by pursuing a rezoning endeavor. Seamlessly transition the land's designation to align with your vision. Astute investors will recognize the inherent value of this property. A cleverly executed rezoning strategy could potentially yield substantial returns on investment, making this parcel an enticing proposition for those seeking long-term financial gains.

Last Agent to Sell the Property

Paul Whittle

American Allstar Realty License #BR531220000 Listed on: 08/14/2023

Last Buyer's Agent

Susana Mata

HomeSmart License #SA552436000

HomeSmart

Property Details

Property Type

  • Land

Lot Details

  • 0.57 Acre Lot
  • Property is zoned R1-6

Schools

  • Wood Elementary School
  • Geneva Epps Mosley Middle School
  • Tempe High School

Community Details

  • No Home Owners Association
  • Patio Homes East 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 123-12-129

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Cross Street: Roeser Rd & 48th St
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: R1-6
  • Tax Year: 2022
  • Lot Size Acres: 0.57
  • Road Surface Type: Asphalt
  • Subdivision Name: PATIO HOMES EAST 3
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other, See Remarks, Commercial, Industrial, Pad Site

Exterior Features

  • Fencing: None
  • Disclosures: Other (See Rmks)
  • Other Structures: None

Utilities

  • Electric: Other (See Rmks)
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Wood School
  • High School: Tempe High School
  • Junior High Dist: Tempe Union High School District
  • Middle Or Junior School: Geneva Epps Mosley Middle School

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 24904.0
  • Additional Parcels: No
  • Parcel #: 123-12-129
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1098.0
  • Tax Book Number: 123.00
  • Tax Lot: 0
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Oct 3, 2023
Sold by
American Pride Properties Llc
Bought by
Ponce Gregorio Resendiz and Juarez Josefina Ramirez
Seller's Agent
Paul Whittle
American Allstar Realty
Buyer's Agent
Susana Mata
HomeSmart
List Price
$39,900
Sold Price
$33,000
Premium/Discount to List
-$6,900
-17.29%
Views
200
Current Estimated Value
$346,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,000
Avg. Annual Appreciation
180.29%

Purchase Details

Closed on
Jul 6, 2023
Sold by
Arapaho Llc Tesco
Bought by
American Pride Properties Llc

Purchase Details

Closed on
Jun 6, 2023
Sold by
Treasurer Of Maricopa County State Of Ar
Bought by
Arapaho Llc

Purchase Details

Closed on
Oct 10, 2019
Sold by
Madrid Luis
Bought by
Madrid Cynthia

Purchase Details

Closed on
Jan 13, 2008
Sold by
Fnz Industries Inc
Bought by
Maradiaga Luis

Purchase Details

Closed on
Mar 7, 2005
Sold by
Lawrence Michael and Lawrence Jane Doe
Bought by
Fmz Industries
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ponce Gregorio Resendiz $33,000 Equity Title Agency
American Pride Properties Llc -- None Listed On Document
Arapaho Llc -- None Listed On Document
Madrid Cynthia -- None Available
Maradiaga Luis -- None Available
Fmz Industries -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2023 10/03/23 Sold $33,000 -17.3% --
09/20/2023 09/20/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $39,900 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

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 $427 $3,675 $3,675 --
2024 $1,140 $10,064 $10,064 --
2023 $1,140 $11,055 $11,055 $0
2022 $1,098 $22,050 $22,050 $0
2021 $1,108 $16,530 $16,530 $0
2020 $1,073 $12,375 $12,375 $0
2019 $1,053 $11,970 $11,970 $0
2018 $1,027 $13,305 $13,305 $0
2017 $993 $11,355 $11,355 $0
2016 $985 $12,195 $12,195 $0
2015 $986 $7,056 $7,056 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6592360

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-12-129