NOT LISTED FOR SALE

1030 E Mitchell Dr Unit 1 Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $431,000 - $544,000

0.31 Acre
$1,550,539 Price per Acre
13,504 Sq Ft Lot

Last Sold May 28, 2021

Last sale price $365,000

Est. 32% increase in value since last sale

Current estimated payment $2,633/month

915 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Level Lot
  • Phoenix Coding Academy Rated A
  • Wood Fence

About This Lot

As of May 2021

MultiFamily Development Potential in popular Central Corridor; just East of 7th Street & North of Osborn Road. Secluded lot at end of cul-de-sac street.

Use Case approved by City of Phoenix Zoning Administrator for 5 Single Family Attached 3-story (30') units with roof decks. Site Plan and Elevations in Documents section were utilized in Use Case. Buyer to confirm zoning, density and all other development issues independently with City of Phoenix.

Last Agent to Sell the Property

Lee Johnson

Coldwell Banker Realty License #SA657035000 Listed on: 10/11/2018

Last Buyer's Agent

Jim Hartgraves

Jimmy D. Hartgraves Jr License #BR553753000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,000

Lot Details

  • 0.31 Acre Lot
  • Cul-De-Sac
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Level Lot
  • Property is zoned R-3/R1-6

Community Details

  • No Home Owners Association
  • Brown Acres Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 118-17-002-H

Property Details

Property Type

Land

Est. Annual Taxes

$1,000

Lot Details

0

Listing Details

  • Cross Street: 7th Street & E. Osborn Road
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land, Off Site Imp Needed, On Site Imp Needed
  • Topography: Level
  • Zoning: R-3/R1-6
  • Tax Year: 2018
  • Directions: North on 7th Street to Mitchell Drive (the first street north of Osborn) - turn right on Mitchell; continue to the end of Mitchell - vacant lot at the end of Mitchell on left (North) side of street.
  • Horses: No
  • Lot Size Acres: 0.31
  • Road Surface Type: Asphalt
  • Subdivision Name: BROWN ACRES
  • Tax Parcel Letter: H
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Fencing: Block, Chain Link, Wood
  • Lot Features: Cul-De-Sac
  • Disclosures: ALTA Survey Alba
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 94x146
  • Lot Size Sq Ft: 13302.0
  • Additional Parcels: No
  • Parcel #: 118-17-002-H

Tax Info

  • Tax Annual Amount: 1000.0
  • Tax Book Number: 118.00
  • Tax Lot: 1
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2018
Closed on
May 24, 2021
Sold by
Jove I Llc
Bought by
1030 E Mitchell Llc
Seller's Agent
Lee Johnson
Coldwell Banker Realty
Buyer's Agent
Jim Hartgraves
Jimmy D. Hartgraves Jr
List Price
$395,000
Sold Price
$365,000
Premium/Discount to List
-$30,000
-7.59%
Current Estimated Value
$480,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,667
Avg. Annual Appreciation
6.56%

Purchase Details

Listed on
Jan 11, 2016
Closed on
Feb 18, 2016
Sold by
Lincoln Investment Group Llc
Bought by
Jove I Llc
Seller's Agent
Paul Brown
HomeSmart
Buyer's Agent
David Vergeyle
Coldwell Banker Realty
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.79%

Purchase Details

Listed on
Dec 16, 2014
Closed on
Jan 22, 2015
Sold by
Cens Properties Llc
Bought by
Lincoln Investment Llc
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Paul Brown
HomeSmart
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.76%

Purchase Details

Closed on
Aug 11, 2009
Sold by
Papamatheakis Ioannis A
Bought by
Cens Properties Llc

Purchase Details

Closed on
Jul 25, 2006
Sold by
Stames Cleo
Bought by
Cens Properties Llc

Purchase Details

Closed on
Apr 22, 1994
Sold by
Newby C W
Bought by
Sucato Diane K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.79%
Mortgage Type
Seller Take Back
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
1030 E Mitchell Llc $365,000 Lawyers Title Of Arizona Inc
Jdh Capital Management Llc $365,000 Lawyers Title Of Arizona Inc
Jove I Llc $185,000 Empire West Title Agency
Lincoln Investment Llc $140,000 Empire West Title Agency
Cens Properties Llc $100,000 None Available
Cens Properties Llc -- None Available
Sucato Diane K $85,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sucato Diane K $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $365,000 -7.6% --
10/10/2018 10/10/18 For Sale $395,000 +113.5% --
02/25/2016 02/25/16 Sold $185,000 0.0% --
01/12/2016 01/12/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $185,000 +32.1% --
01/30/2015 01/30/15 Sold $140,000 -6.7% --
12/18/2014 12/18/14 Pending -- -- --
12/11/2014 12/11/14 For Sale $150,000 -- --
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 $1,136 $9,052 $9,052 --
2024 $1,097 $8,621 $8,621 --
2023 $1,097 $45,420 $45,420 $0
2022 $1,091 $32,385 $32,385 $0
2021 $1,110 $32,250 $32,250 $0
2020 $1,082 $28,770 $28,770 $0
2019 $1,035 $27,990 $27,990 $0
2018 $1,000 $18,660 $18,660 $0
2017 $919 $6,240 $6,240 $0
2016 $886 $5,835 $5,835 $0
2015 $923 $6,224 $6,224 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5831981

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-17-002H