NOT LISTED FOR SALE

1106 E Gibson Ln Unit 29 Phoenix, AZ 85034

Central City Neighborhood

Estimated Value: $120,790

0.16 Acre
$754,938 Price per Acre
6,987 Sq Ft Lot

Last Sold December 12, 2022

Last sale price $115,000

Est. 5% increase in value since last sale

Current estimated payment $700/month

81 Days on Market

About This Lot

As of December 2022

EXCELLENT CENTRAL LOCATION! A2 Industrial Lot just off the I17 freeway and close to the Sky Harbor airport.

Zoning allows for Manufacturing, Mobile Vendors, Storage, Industrial, vehicle retail sales and more per Phoenix zoning ordinance website at https://phoenix.municipal.codes/ZO/628 **Buyer to verify all the information**

Agent/Owner

Last Agent to Sell the Property

Raul Gutierrez

My Home Group Real Estate License #SA684512000 Listed on: 09/02/2022

My Home Group Real Estate

Last Buyer's Agent

Raul Gutierrez

My Home Group Real Estate License #SA684512000 Listed on: 09/02/2022

My Home Group Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $739

Lot Details

  • 6,987 Sq Ft Lot
  • Property is zoned A2

Community Details

  • No Home Owners Association
  • Lily Ann Place Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 115-47-089

Property Details

Property Type

Land

Est. Annual Taxes

$739

Lot Details

0

Listing Details

  • Cross Street: 11th Street & Gibson Lane
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: A2
  • Tax Year: 2021
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: LILY ANN PLACE
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Industrial

Exterior Features

  • Fencing: None
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 146.64 X 49.02 X 145.24 X 48.97
  • Lot Size Sq Ft: 6987.0
  • Additional Parcels: No
  • Parcel #: 115-47-089
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 739.0
  • Tax Book Number: 115.00
  • Tax Lot: 29
  • Tax Map Number: 47.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Dec 12, 2022
Sold by
C & R Home Solutions Llc
Bought by
Everett Nicholas
Seller's Agent
Raul Gutierrez
My Home Group Real Estate
Buyer's Agent
Raul Gutierrez
My Home Group Real Estate
List Price
$127,000
Sold Price
$115,000
Premium/Discount to List
-$12,000
-9.45%
Views
12
Current Estimated Value
$120,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,790
Avg. Annual Appreciation
1.62%

Purchase Details

Closed on
May 17, 2022
Sold by
Raygoza Azdruval K
Bought by
C & R Home Solutions Llc

Purchase Details

Listed on
Feb 29, 2020
Closed on
May 8, 2020
Sold by
Sanchez Fidel
Bought by
Raygoza Azdruval K
Seller's Agent
Bill Calvoni
HomeSmart
Buyer's Agent
Lucero De Anda
HomeSmart
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-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
10.14%
Original Mortgage
$40,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 6, 2012
Closed on
Jan 9, 2013
Sold by
Garcia Rosa S and Sanchez Rosa
Bought by
Sanchez Fidel
Seller's Agent
Raymond Brown
Person To Person Realty
Buyer's Agent
Raymond Brown
Person To Person Realty
List Price
$55,000
Sold Price
$42,000
Premium/Discount to List
-$13,000
-23.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$21,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2010
Sold by
Cooper Lavont L and Graber Stacy
Bought by
Weststar Mortgage Corporation

Purchase Details

Closed on
Jun 12, 2006
Sold by
Graber Stacy
Bought by
Cooper Lavont L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 28, 2003
Sold by
Stone Robert John and Stone Eva Marie
Bought by
Graber Stacy

Purchase Details

Closed on
Mar 8, 2002
Sold by
Luevano Albert and Luevano Orlando S
Bought by
Stone Robert John and Stone Eva Marie
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
Everett Nicholas $115,000 Fidelity National Title
C & R Home Solutions Llc $83,000 Pioneer Title
Raygoza Azdruval K $70,000 Security Title Agency Inc
Sanchez Fidel -- Pioneer Title Agency Inc
Sanchez Fidel $42,000 Pioneer Title Agency Inc
Weststar Mortgage Corporation $47,984 None Available
Cooper Lavont L $75,000 Great American Title Agency
Graber Stacy $18,000 Chicago Title Insurance Co
Stone Robert John $15,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raygoza Azdruval K $40,000
Previous Owner Sanchez Fidel $21,000
Previous Owner Cooper Lavont L $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2022 12/12/22 Sold $115,000 -8.0% --
11/22/2022 11/22/22 Pending -- -- --
11/11/2022 11/11/22 Price Changed $125,000 -1.6% --
09/02/2022 09/02/22 For Sale $127,000 +81.4% --
05/11/2020 05/11/20 Sold $70,000 -6.7% -- View Prior Sale
02/29/2020 02/29/20 For Sale $75,000 +78.6% --
01/16/2013 01/16/13 Sold $42,000 -23.6% -- View Prior Sale
01/07/2013 01/07/13 Pending -- -- --
12/06/2012 12/06/12 For Sale $55,000 -- --
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 $827 $5,825 $5,825 --
2024 $771 $5,548 $5,548 --
2023 $771 $9,465 $9,465 $0
2022 $744 $6,435 $6,435 $0
2021 $739 $6,435 $6,435 $0
2020 $747 $4,890 $4,890 $0
2019 $746 $4,470 $4,470 $0
2018 $733 $4,140 $4,140 $0
2017 $754 $4,305 $4,305 $0
2016 $732 $4,035 $4,035 $0
2015 $723 $4,016 $4,016 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6458829

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-47-089