NOT LISTED FOR SALE

1101 apprx W Parkview Ln Phoenix, AZ 85027

Happy Valley Neighborhood

Estimated Value: $5,249,876

5 Acres
$1,027,373 Price per Acre
222,592 Sq Ft Lot

Last Sold October 21, 2020

Last sale price $1,090,000

Est. 382% increase in value since last sale

Current estimated payment $29,644/month

960 Days on Market

Highlights

  • 5.11 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of October 2020

Awesome GROWTH LOCATION just north of Deer Valley Airport in one of the fastest growing areas in the city for commercial utilization. 5.11 acres of prime development property with frontage on 11th Ave and Parkview Lane. Level and ready for whatever you want to build!

Last Agent to Sell the Property

Tom 'BIG T' Ross

Coldwell Banker Realty License #SA642903000 Listed on: 12/14/2017

Coldwell Banker Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,026

Lot Details

  • 5.11 Acre Lot
  • Level Lot
  • Property is zoned R43

Community Details

  • No Home Owners Association
  • Corner Of Parkview Ln And 11Th Ave. Subdivision

Listing and Financial Details

  • Assessor Parcel Number 210-08-011

Property Details

Property Type

Land

Est. Annual Taxes

$2,026

Lot Details

0

Listing Details

  • Cross Street: Happy Valley Rd & 11th Ave
  • Legal Info Range: 3e
  • Property Type: Land
  • Topography: Level
  • Zoning: R43
  • Tax Year: 2019
  • Directions: I-17 & Happy Valley Rd exit, East on Happy Valley to 11th Ave. South on 11th Ave to Parkview Ln. On the corner of 11TH Ave and Parkview Ln.
  • Lot Size Acres: 5.11
  • Subdivision Name: Corner Of Parkview Ln and 11th Ave.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Commercial

Exterior Features

  • Lot Features: Dual Street Ftg
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Deer Valley Unified District

Lot Info

  • Lot Size: 338X661
  • Lot Size Sq Ft: 222405.0
  • Additional Parcels: No
  • Parcel #: 210-08-011
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2026.0
  • Tax Book Number: 210.00
  • Tax Lot: -
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2023
Sold by
Red Planet Estates Llc
Bought by
27Th Ave Business Park Llc
Total Days on Market
960
Current Estimated Value
$5,249,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,443,979
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$2,805,897

Purchase Details

Closed on
Mar 22, 2023
Sold by
Marrs Construction Inc
Bought by
Red Planet Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,443,979
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$2,805,897

Purchase Details

Listed on
Dec 14, 2017
Closed on
Sep 25, 2020
Sold by
Topel Rustin A and Topel Kimberly A
Bought by
Marrs Construction Inc
Seller's Agent
Tom 'BIG T' Ross
Coldwell Banker Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,250,000
Sold Price
$1,090,000
Premium/Discount to List
-$160,000
-12.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.53%
Original Mortgage
$872,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Dec 14, 2017
Closed on
Sep 15, 2020
Sold by
Topel Rustin A and Topel Kimberly A
Bought by
Short Mark and Short Robin
Seller's Agent
Tom 'BIG T' Ross
Coldwell Banker Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,250,000
Sold Price
$1,090,000
Premium/Discount to List
-$160,000
-12.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$872,000
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 27, 2007
Sold by
A To Z Home Buyers Llc
Bought by
Topel Rustin A and Topel Kimberly A

Purchase Details

Closed on
May 17, 2005
Sold by
Topel Rustin A and Short Mark J
Bought by
A To Z Home Buyers Llc

Purchase Details

Closed on
Feb 13, 1997
Sold by
Evans Patrick
Bought by
Topel Rustin A and Short Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
7.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 10, 1997
Sold by
Gray Glendoria Lee
Bought by
Evans Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
7.9%
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
27Th Ave Business Park Llc $5,000,000 Great American Title Agency
Red Planet Estates Llc -- Clear Title Agency Of Arizona
Marrs Construction Inc $1,090,000 Equity Title Agency Inc
Short Mark -- Equity Title Agency Inc
Topel Rustin A -- None Available
A To Z Home Buyers Llc -- --
Topel Rustin A $130,000 Security Title
Evans Patrick $85,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 27Th Ave Business Park Llc $2,500,000
Previous Owner Red Planet Estates Llc $2,550,000
Previous Owner Marrs Construction Inc $872,000
Previous Owner Topel Rustin A $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2020 10/21/20 Sold $1,090,000 -12.8% --
12/14/2017 12/14/17 For Sale $1,250,000 -- --
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 $2,104 $25,835 $25,835 --
2024 $2,082 $24,604 $24,604 --
2023 $2,082 $238,980 $238,980 $0
2022 $2,016 $214,230 $214,230 $0
2021 $2,103 $192,075 $192,075 $0
2020 $2,078 $83,940 $83,940 $0
2019 $2,026 $67,155 $67,155 $0
2018 $1,967 $67,560 $67,560 $0
2017 $1,906 $64,365 $64,365 $0
2016 $1,805 $43,155 $43,155 $0
2015 $1,763 $38,112 $38,112 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5698496

Arizona Regional Multiple Listing Service (ARMLS)

APN: 210-08-011