NOT LISTED FOR SALE

Estimated Value: $70,045 - $635,000

0.15 Acre
$2,350,153 Price per Acre
6,500 Sq Ft Lot

Last Sold December 29, 2017

Last sale price $39,000

Est. 804% increase in value since last sale

Current estimated payment $1,901/month

297 Days on Market

About This Lot

As of December 2017

Lots of land are high in demand right now! Imagine the future development of this area and the potential this property may have! Don't let anybody beat you to this offer. Vacant Lot is Zoned R4. Sold AS-IS this is an Ideal NO warranties or Guarantees offered . Location Highlights: South Downtown Phoenix Location Located near I-10, I-17 exits and Phoenix Metro Light-rail and only Minutes from Downtown Phoenix venues, sports attractions and First Fridays. Near Residential and Commercial properties, Health Center. Also selling 1142 E FILLMORE ST 11, Phoenix, AZ 85006 MLS# 5556895 Possible package deal!

Last Agent to Sell the Property

Daniel Enriquez

Six Zero Two Real Estate Group LLC License #BR639703000 Listed on: 02/04/2017

Last Buyer's Agent

Meghan Cabello

Balboa Realty, LLC License #SA670906000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $404

Lot Details

  • 6,500 Sq Ft Lot
  • Property is zoned R4

Schools

  • Lowell Elementary School - Phoenix
  • Central High School

Community Details

  • No Home Owners Association
  • Montgomery Add Amd Blks 75, 83, 84, 91, 99 102 Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 112-17-110

Property Details

Property Type

Land

Est. Annual Taxes

$404

Lot Details

0

Listing Details

  • Cross Street: 7th Avenue and Buckeye Rd
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R4
  • Tax Year: 2016
  • Directions: East on 7th Avenue and Buckeye, North on 5th Avenue, Lot to the Left.
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: MONTGOMERY ADD AMD BLKS 75, 83, 84, 91, 99-102
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: None
  • Disclosures: None

Utilities

  • Electric: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lowell Elementary School - Phoenix
  • High School: Central High School

Lot Info

  • Lot Size: 6,500
  • Lot Size Sq Ft: 6500.0
  • Additional Parcels: No
  • Parcel #: 112-17-110
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 404.0
  • Tax Book Number: 112.00
  • Tax Lot: 7
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2017
Closed on
Dec 27, 2017
Sold by
Arvizu Abraham Eslava
Bought by
Pruitt Travis
Seller's Agent
Daniel Enriquez
Six Zero Two Real Estate Group LLC
Buyer's Agent
Meghan Cabello
Balboa Realty, LLC
List Price
$50,000
Sold Price
$39,000
Premium/Discount to List
-$11,000
-22%
Current Estimated Value
$352,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,523
Avg. Annual Appreciation
32.52%

Purchase Details

Listed on
Apr 16, 2016
Closed on
Apr 25, 2016
Sold by
Wiin Llc
Bought by
Arvizu Abraham Eslava
Seller's Agent
Jonathan Solorzano
HomeSmart
Buyer's Agent
Daniel Enriquez
Six Zero Two Real Estate Group LLC
List Price
$24,900
Sold Price
$25,000
Premium/Discount to List
$100
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.51%
Original Mortgage
$6,049
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2016
Closed on
Apr 6, 2016
Sold by
New Horizons 401 K Profit Sharing Plan
Bought by
Wiin Llc
Seller's Agent
Jonathan Solorzano
HomeSmart
Buyer's Agent
Daniel Enriquez
Six Zero Two Real Estate Group LLC
List Price
$24,900
Sold Price
$25,000
Premium/Discount to List
$100
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,049
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2010
Sold by
Bell Peter D
Bought by
New Horizons 401K Profit Sharing Plan

Purchase Details

Closed on
May 29, 2007
Sold by
Menzie James F
Bought by
Bell Peter D

Purchase Details

Closed on
Jul 5, 2006
Sold by
Kim Yong Woo
Bought by
Menzie James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2006
Sold by
Menzie Maria Y
Bought by
Menzie James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2004
Sold by
Kim Yong Hye
Bought by
Kim Yong Woo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Pruitt Travis $39,000 Magnus Title Agency
Arvizu Abraham Eslava $25,000 Precision Title Agency Inc
Wiin Llc $5,800 Pioneer Title Agency Inc
New Horizons 401K Profit Sharing Plan -- Empire West Title Agency Llc
Bell Peter D -- Fidelity Title
Menzie James F $78,000 Security Title Agency Inc
Menzie James F -- Security Title Agency Inc
Kim Yong Woo -- Transnation Title
Kim Yong Woo -- Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiin Llc $6,049
Previous Owner Menzie James F $104,000
Previous Owner Kim Yong Woo $40,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2017 12/29/17 Sold $39,000 -22.0% --
02/04/2017 02/04/17 For Sale $50,000 +100.0% --
04/28/2016 04/28/16 Sold $25,000 +0.4% -- View Prior Sale
04/21/2016 04/21/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $24,900 -- --
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 $453 $3,386 $3,386 --
2024 $449 $3,225 $3,225 --
2023 $449 $10,305 $10,305 $0
2022 $433 $8,310 $8,310 $0
2021 $429 $7,470 $7,470 $0
2020 $434 $6,255 $6,255 $0
2019 $434 $4,350 $4,350 $0
2018 $426 $3,105 $3,105 $0
2017 $416 $2,700 $2,700 $0
2016 $404 $2,520 $2,520 $0
2015 $399 $2,688 $2,688 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5556870

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-17-110