NOT LISTED FOR SALE

Estimated Value: $417,000 - $1,137,859

0.16 Acre
$5,076,344 Price per Acre
7,000 Sq Ft Lot

Last Sold December 10, 2015

Last sale price $54,000

Est. 1,341% increase in value since last sale

Current estimated payment $4,902/month

3 Days on Market

Highlights

  • The property is located in a historic district
  • No HOA
  • 5-minute walk to University Park
  • Phoenix Coding Academy Rated A

About This Lot

As of December 2015

7000 square foot lot in Downtown Phoenix zoned [R-5] Multiple Family Residence (Detached SF 5 To 6.5 Or 12 W/Bonus) (Attached 43.5 To 45.68 Or 52.2 W/Bonus) Build up for density? 2-4 units? Walking distance to Library park, University Park, and Bolin Memorial Park; as well as most of the Western Downtown State Facilities including, The Capital, the AZ Attorney General, the AZ Corporation Commission, the AZ Supreme Courthouse, AZ Department of Education, AZ Sec. of State, and more... Less than 1.5 miles from the light rail and walking/biking distance to the downtown Phoenix area. Perfect for a small multi unit, or nice SFR.

Last Agent to Sell the Property

Shane Cook

eXp Realty License #SA585717000 Listed on: 11/19/2015

eXp Realty

Last Buyer's Agent

Mark Messner

Superlative Realty License #SA648605000

Superlative Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $411

Year Built

  • 2019

Lot Details

  • 7,000 Sq Ft Lot
  • Property is zoned R-5

Location

  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • El Fresnal Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 112-04-007

Property Details

Property Type

Land

Est. Annual Taxes

$411

Year Built

2019

Lot Details

0

Listing Details

  • Cross Street: 11th Ave & Adams
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-5
  • Tax Year: 2015
  • Directions: North to property from 11th Ave and Adams, property on East side of road. No sign
  • Lot Size Acres: 0.16
  • Subdivision Name: EL FRESNAL
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Lot Features: See Remarks, Other, Historic District
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: Other (See Rmks), APS, SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50x140 approx
  • Lot Size Sq Ft: 7000.0
  • Additional Parcels: No
  • Parcel #: 112-04-007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 411.0
  • Tax Book Number: 112.00
  • Tax Lot: 8
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Dec 17, 2015
Sold by
Cirrus Cooling Inc
Bought by
Cirrus Woodland Llc
Seller's Agent
Shane Cook
eXp Realty
Buyer's Agent
Mark Messner
Superlative Realty
List Price
$55,000
Sold Price
$54,000
Premium/Discount to List
-$1,000
-1.82%
Total Days on Market
3
Current Estimated Value
$778,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$724,256
Avg. Annual Appreciation
32.98%

Purchase Details

Listed on
Nov 19, 2015
Closed on
Dec 9, 2015
Sold by
Kauffman Allen
Bought by
Cirrus Cooling Inc
Seller's Agent
Shane Cook
eXp Realty
Buyer's Agent
Mark Messner
Superlative Realty
List Price
$55,000
Sold Price
$54,000
Premium/Discount to List
-$1,000
-1.82%

Purchase Details

Closed on
Aug 20, 2015
Sold by
Kauffman Yang and Kauffman Allen
Bought by
Kauffman Allen

Purchase Details

Closed on
Aug 12, 2015
Sold by
Cristal Development Llc
Bought by
Southwest Property Llc

Purchase Details

Closed on
Jan 10, 2006
Sold by
Hyatt Max G and Hyatt Juanita R
Bought by
Mateen Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 12, 2005
Sold by
Hyatt Max G and Hyatt Juanita R
Bought by
Hyatt Max G and Hyatt Juanita R

Purchase Details

Closed on
Aug 19, 1996
Sold by
Littleton Geraldine and Littleton James C
Bought by
Wiser Juanita R and Hyatt Max G
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
Cirrus Woodland Llc -- None Available
Cirrus Cooling Inc $54,000 Great American Title Agency
Kauffman Allen -- Pioneer Title Agency Inc
Kauffman Allen K $47,000 Pioneer Title Agency Inc
Southwest Property Llc $38,000 Pioneer Title Agency Inc
Cristal Development Llc $37,000 Pioneer Title Agency Inc
Mateen Deborah $94,000 Capital Title Agency Inc
Hyatt Max G -- Capital Title Agency Inc
Wiser Juanita R $4,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cirrus Woodland Llc $1,000,000
Previous Owner Mateen Deborah $70,500
Closed Mateen Deborah $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2015 12/10/15 Sold $54,000 -1.8% --
11/22/2015 11/22/15 Pending -- -- --
11/19/2015 11/19/15 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 $6,599 $49,345 -- --
2024 $6,535 $46,995 -- --
2023 $6,535 $70,800 $14,160 $56,640
2022 $6,303 $59,820 $11,960 $47,860
2021 $6,255 $59,700 $11,940 $47,760
2020 $10,307 $86,274 $19,440 $66,834
2019 $447 $4,605 $4,605 $0
2018 $439 $3,285 $3,285 $0
2017 $429 $2,850 $2,850 $0
2016 $417 $2,595 $2,595 $0
2015 $411 $2,768 $2,768 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5364704

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-04-007