NOT LISTED FOR SALE

1246 E Broadway Rd Unit 15 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $2,607,899

1.1 Acres
$2,370,817 Price per Acre
47,916 Sq Ft Lot

Last Sold June 25, 2019

Last sale price $240,000

Est. 987% increase in value since last sale

Current estimated payment $16,309/month

77 Days on Market

Highlights

  • 1.1 Acre Lot
  • No HOA
  • Partially Fenced Property
  • Phoenix Coding Academy Rated A
  • Shed

About This Lot

As of June 2019

1.10 acres of hardzoned C-2 in the OPPORTUNITY ZONE! Awesome tax advantages for development. Utilities are in Broadway Road per City of Phoenix. Across Broadway Road from the Salvation Army Building.

Last Agent to Sell the Property

Alan Scherling

Realty ONE Group License #SA016394000 Listed on: 02/12/2019

Realty ONE Group

Last Buyer's Agent

Chad Benninghoff

Chad Benninghoff License #BR662298000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,825

Lot Details

  • 1.1 Acre Lot
  • Partially Fenced Property
  • Property is zoned C-2

Eco-Friendly Details

  • North or South Exposure

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 113-25-016

Community Details

Overview

  • No Home Owners Association
  • Center Grove Tract 17 36 Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$5,825

Lot Details

0

Listing Details

  • Cross Street: 12TH STREET & BROADWAY
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: C-2
  • Tax Year: 2018
  • Directions: Property is just East of 12th Street on the North side of Broadway.
  • Lot Size Acres: 1.1
  • Road Surface Type: Asphalt
  • Subdivision Name: CENTER GROVE TRACT 17-36
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: Partial
  • Lot Features: North/South Exp
  • Disclosures: None
  • Other Structures: Shed(s)

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 290 x 167
  • Lot Size Sq Ft: 48084.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 113-25-016
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5825.0
  • Tax Book Number: 113.00
  • Tax Lot: 15
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2021
Sold by
Mach Holdings Inc
Bought by
1246 E Broadway Inc
Current Estimated Value
$2,607,899

Purchase Details

Listed on
Feb 12, 2019
Closed on
Jun 20, 2019
Sold by
Ross Sonia
Bought by
Mach Holdings Inc
Seller's Agent
Alan Scherling
Realty ONE Group
Buyer's Agent
Chad Benninghoff
Chad Benninghoff
List Price
$264,500
Sold Price
$240,000
Premium/Discount to List
-$24,500
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.77%

Purchase Details

Closed on
May 17, 2010
Sold by
Garcia Onesimo and Garcia Maria B
Bought by
Ross Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 29, 2010
Sold by
Ross Sonia
Bought by
Garcia Onesimo and Garcia Maria B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 19, 2009
Sold by
Garcia Onesimo and Garcia Maria B
Bought by
Ross Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 14, 2009
Sold by
Osorio Manolo Chavira and Ramirez Noelia Vianey
Bought by
Garcia Onesimo and Garcia Maria B

Purchase Details

Closed on
Jan 19, 2007
Sold by
Garcia Onesimo and Garcia Maria B
Bought by
Osorio Manolo Chavira and Ramirez Noelia Vianey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 30, 1998
Sold by
Martinez Lucio C and Martinez Herminia T
Bought by
Garcia Onesimo and Garcia Maria B
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
1246 E Broadway Inc $2,237,500 Security Title Agency Inc
Mach Holdings Inc $240,000 American Title Svc Agcy Llc
Ross Sonia $210,000 Security Title Agency
Garcia Onesimo $216,702 None Available
Ross Sonia $210,000 Security Title Agency
Garcia Onesimo $250,000 Grand Canyon Title Agency
Osorio Manolo Chavira $340,000 Grand Canyon Title Agency In
Garcia Onesimo $55,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ross Sonia $190,000
Previous Owner Ross Sonia $200,000
Previous Owner Osorio Manolo Chavira $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2019 06/25/19 Sold $240,000 -5.9% --
04/29/2019 04/29/19 Pending -- -- --
04/22/2019 04/22/19 Price Changed $255,000 -3.6% --
02/11/2019 02/11/19 For Sale $264,500 -- --
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 $30,278 $199,875 -- --
2024 $30,307 $196,306 -- --
2023 $30,307 $296,344 $48,773 $247,571
2022 $37,112 $314,020 $35,315 $278,705
2021 $5,629 $41,472 $39,024 $2,448
2020 $5,559 $30,906 $28,368 $2,538
2019 $5,905 $32,310 $29,826 $2,484
2018 $5,825 $31,194 $28,674 $2,520
2017 $5,619 $31,410 $29,880 $1,530
2016 $5,344 $28,638 $27,162 $1,476
2015 $5,269 $28,564 $27,121 $1,443
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Alan Scherling

    Realty One Group

    Section Image
  • Chad Benninghoff

    Buyer's Agent in 2019

    Chad Benninghoff

    Chad Benninghoff

    (512) 203-0413

    1 in this area

    9 Total Sales

    Chad Benninghoff
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5881939

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-25-016

Arizona Maricopa County Phoenix 85040 South Mountain

1246 E Broadway Rd Unit 15, Phoenix, AZ

This home is located at 1246 E Broadway Rd Unit 15, Phoenix, AZ 85040 since 12 February 2019 and is currently estimated at $2,607,899. 1246 E Broadway Rd Unit 15 is a home located in Maricopa County with nearby schools including Irene Lopez School, South Mountain High School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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