NOT LISTED FOR SALE

121 E South Mountain Ave Unit 5 Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $146,122 - $545,000

0.66 Acre
$480,729 Price per Acre
28,750 Sq Ft Lot

Last Sold July 11, 2017

Last sale price $70,000

Est. 353% increase in value since last sale

Current estimated payment $1,888/month

13 Days on Market

Highlights

  • 0.66 Acre Lot
  • Mountain View
  • No HOA
  • Phoenix Coding Academy Rated A

About This Lot

As of July 2017

Don't miss out on this great investment opportunity! Lot is perfect for Multi-Family home. Amazing mountain views! 3/4 acre level lot near South Mountain. Currently zoned R-2 for single-family or multi-family Residence. North/South facing lot. Short drive to downtown Phoenix, Tempe, Sky Harbor Airport, hiking trails, South Mountain Park, South Mountain Community College and golf courses. Less than 5 minutes away from freeways. Single-Family homes next to property are selling in the 200's.

Last Agent to Sell the Property

Cynthia Robinson

Realty ONE Group License #SA637514000 Listed on: 06/06/2017

Last Buyer's Agent

Mark Hardy

DPR Realty LLC License #SA637356000

DPR Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,049

Lot Details

  • 0.66 Acre Lot
  • Block Wall Fence
  • Property is zoned R-2

Schools

  • Maxine O Bush Elementary School
  • South Mountain High School

Additional Features

  • Mountain Views
  • North or South Exposure

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 300-45-004-E

Property Details

Property Type

Land

Est. Annual Taxes

$1,049

Lot Details

0

Listing Details

  • Cross Street: Central Avenue & Baseline
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-2
  • Tax Year: 2016
  • Directions: Central Ave. to South Mountain, East 1st vacant lot on the South side of South Mountain Avenue.
  • Lot Size Acres: 0.66
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Block
  • Lot Features: Mountain View(s), North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Maxine O Bush Elementary School
  • High School: South Mountain High School
  • Middle Or Junior School: Maxine O Bush Elementary School

Lot Info

  • Lot Size: 147 x 195
  • Lot Size Sq Ft: 28750.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 300-45-004-E
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1049.0
  • Tax Book Number: 300.00
  • Tax Lot: 5
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2017
Sold by
Boddapati Anil and Boddapati Sowmya
Bought by
The Doman Homes Llc
Total Days on Market
13
Current Estimated Value
$317,281

Purchase Details

Listed on
Jun 6, 2017
Closed on
Jun 22, 2017
Sold by
Kolonia Llc
Bought by
Boddapati Anil and Boddapati Sowmya
Seller's Agent
Cynthia Robinson
Realty ONE Group
Buyer's Agent
Mark Hardy
DPR Realty LLC
List Price
$77,900
Sold Price
$70,000
Premium/Discount to List
-$7,900
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.48%

Purchase Details

Closed on
May 4, 2015
Sold by
Heiser Washington Ralph Gregory
Bought by
Kolonia Llc

Purchase Details

Closed on
Apr 4, 2005
Sold by
Sesma Edward and Mollon Alice
Bought by
Heiser Washington Ralph Gregory

Purchase Details

Closed on
Feb 21, 2003
Sold by
Mollon Alice
Bought by
Mollon Henry Dolores

Purchase Details

Closed on
Feb 20, 2003
Sold by
Sesma Edward and Mollon Alice
Bought by
Sesma Edward and Mollon Alice

Purchase Details

Closed on
Dec 26, 1997
Sold by
Moreno Ramona
Bought by
Sesma Edward and Mollon Alice

Purchase Details

Closed on
Dec 15, 1997
Sold by
Sesma Edward and Sesma Alice
Bought by
Moreno Ramona
Source: Public Records

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Range of Values:

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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
The Doman Homes Llc -- None Available
Boddapati Anil $70,000 North American Title Company
Kolonia Llc -- None Available
Heiser Washington Ralph Gregory $143,750 Capital Title Agency Inc
Mollon Alice -- Capital Title Agency Inc
Mollon Henry Dolores -- --
Sesma Edward -- --
Sesma Edward -- --
Moreno Ramona -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2017 07/11/17 Sold $70,000 -10.1% --
06/19/2017 06/19/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $77,900 -- --
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 $1,281 $8,723 $8,723 --
2024 $1,245 $8,307 $8,307 --
2023 $1,245 $14,085 $14,085 $0
2022 $1,220 $13,470 $13,470 $0
2021 $1,245 $12,690 $12,690 $0
2020 $1,229 $11,730 $11,730 $0
2019 $1,190 $11,970 $11,970 $0
2018 $1,158 $9,615 $9,615 $0
2017 $1,103 $8,070 $8,070 $0
2016 $1,049 $8,070 $8,070 $0
2015 $1,054 $10,992 $10,992 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5616054

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-45-004E