NOT LISTED FOR SALE

1022 E Polk St Unit 6 Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $298,078 - $383,000

0.16 Acre
$2,031,375 Price per Acre
6,875 Sq Ft Lot

Last Sold November 28, 2022

Last sale price $275,000

Est. 18% increase in value since last sale

Current estimated payment $1,867/month

212 Days on Market

Highlights

  • The property is located in a historic district
  • No HOA
  • 4-minute walk to Verde Park
  • Phoenix Coding Academy Rated A

About This Lot

As of November 2022

VACANT LOT DOWNTOWN in the highly sought after Garfield Historic District/Garfield neighborhood! Zoned MULTI FAMILY R-5, RI, HP. Hotel, motel, office, mixed use, up to an 8-plex, a fabulous single family home with a guest house or a duplex...so many possibilities! Walking distance to everything Downtown. Steps away from Garfield's trendy restaurants (Gallo Blanco, Welcome Diner, Tratto, Verde Park!) Next to the well lit, extra-wide sidewalks of 11th St and running path. Public Transport so close you don't need to own a vehicle! The alleyway is clean and perfect for parking access. Utilities located within close proximity of the lot. BUYER TO VERIFY ZONING, use and all facts in listing. Property is in the vicinity of a known superfund site, seller has no knowledge, buyer to complete all due diligence.

Last Agent to Sell the Property

Raleigh Dombek

NORTH&CO. License #SA695742000 Listed on: 06/09/2022

NORTH&CO.

Last Buyer's Agent

Raleigh Dombek

NORTH&CO. License #SA695742000 Listed on: 06/09/2022

NORTH&CO.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $641

Lot Details

  • 6,875 Sq Ft Lot
  • Property is zoned R-5, RI, HP

Location

  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Mt Pleasant Tract Blocks 1, 6 Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 116-26-023

Property Details

Property Type

Land

Est. Annual Taxes

$641

Lot Details

0

Listing Details

  • Cross Street: 11th St & E Van Buren St
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-5, RI, HP
  • Tax Year: 2021
  • Directions: North on 11th from E Van Buren St. Left/West on E Polk St. 3rd lot on right/North
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: MT PLEASANT TRACT BLOCKS 1, 6
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Lot Features: Historic District
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50’ x 137.5’
  • Lot Size Sq Ft: 6875.0
  • Additional Parcels: No
  • Parcel #: 116-26-023
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 641.0
  • Tax Book Number: 116.00
  • Tax Lot: 6
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Nov 28, 2022
Sold by
Galindo Louis Perez
Bought by
Civicgroup Llc
Seller's Agent
Raleigh Dombek
NORTH&CO.
Buyer's Agent
Raleigh Dombek
Compass
List Price
$378,125
Sold Price
$275,000
Premium/Discount to List
-$103,125
-27.27%
Views
10
Current Estimated Value
$325,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,020
Avg. Annual Appreciation
6.72%
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
Civicgroup Llc $275,000 Wfg National Title Insurance C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Civicgroup Llc $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2022 11/28/22 Sold $275,000 -15.4% --
10/26/2022 10/26/22 Price Changed $325,000 -3.0% --
10/23/2022 10/23/22 Price Changed $335,000 -11.4% --
06/09/2022 06/09/22 For Sale $378,125 0.0% --
06/09/2022 06/09/22 Price Changed $378,125 0.0% --
03/29/2022 03/29/22 For Sale $378,125 -- --
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 $676 $5,054 $5,054 --
2024 $669 $4,813 $4,813 --
2023 $669 $28,920 $28,920 $0
2022 $646 $18,225 $18,225 $0
2021 $641 $16,035 $16,035 $0
2020 $648 $13,305 $13,305 $0
2019 $647 $6,975 $6,975 $0
2018 $636 $5,370 $5,370 $0
2017 $621 $4,125 $4,125 $0
2016 $603 $3,750 $3,750 $0
2015 $596 $4,000 $4,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6375466

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-26-023