NOT LISTED FOR SALE

Estimated Value: $831,000 - $1,616,000

0.24 Acre
$5,228,400 Price per Acre
10,626 Sq Ft Lot

Last Sold August 21, 2014

Last sale price $33,000

Est. 3,702% increase in value since last sale

Current estimated payment $6,926/month

277 Days on Market

About This Lot

As of August 2014

NICE SIZE R-3 LOT MULTI FAMILY, MEDIUM DENSITY ZONING. 10,626sf. Property also has SRP irrigation rights. Could be nice home site with lush grounds or urban farming site. Seller may carry.

Last Agent to Sell the Property

Tess Zeller

DPR Realty LLC License #SA508908000 Listed on: 05/03/2014

DPR Realty LLC

Last Buyer's Agent

Giovanna Sommacampagna

Somma Realty, Inc License #BR635675000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $681

Lot Details

  • 10,626 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned R-3

Community Details

  • No Home Owners Association
  • Morrison Tract Lots 12 19 Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 121-74-126

Property Details

Property Type

Land

Est. Annual Taxes

$681

Lot Details

0

Listing Details

  • Cross Street: 32ND ST & MCDOWELL
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-3
  • Tax Year: 2013
  • Directions: WEST ON MCDOWELL TO 28TH PLACE. SOUTH TO VACANT LOT ON WEST SIDE OF 28TH PLACE
  • Horses: No
  • Lot Size Acres: 0.24
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: MORRISON TRACT LOTS 12-19
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family, Agricultural

Exterior Features

  • Fencing: Chain Link
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: Other (See Rmks)
  • Water Source: Private Franchise, Check Availability, Irrigation Pipe

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 00X00
  • Lot Size Sq Ft: 10626.0
  • Additional Parcels: No
  • Parcel #: 121-74-126
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 681.28
  • Tax Book Number: 121.00
  • Tax Lot: 8
  • Tax Map Number: 74.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2020
Sold by
Pearson Matthew and Pearson Mary
Bought by
Pearson Matthew and Pearson Mary
Current Estimated Value
$1,254,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Outstanding Balance
$517,883
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$661,604

Purchase Details

Closed on
Jun 6, 2016
Sold by
Luca Realty Llc
Bought by
Pearson Matthew and Pearson Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2015
Sold by
Cima Holdings Llc
Bought by
Luca Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,443
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 14, 2015
Sold by
Cima Holdings Llc
Bought by
Luca Realty Llc

Purchase Details

Listed on
May 3, 2014
Closed on
Aug 19, 2014
Sold by
Zeller Michael and Zeller Deborah Tess
Bought by
Cima Holdings Llc
Seller's Agent
Tess Zeller
DPR Realty LLC
Buyer's Agent
Giovanna Sommacampagna
Somma Realty, Inc
List Price
$50,000
Sold Price
$33,000
Premium/Discount to List
-$17,000
-34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.97%

Purchase Details

Closed on
Jun 28, 2000
Sold by
Habitat For Humanity Valley Of The Sun
Bought by
Zeller Michael and Zeller Deborah Tess

Purchase Details

Closed on
Nov 11, 1998
Sold by
Smith Keith E
Bought by
Habitat For Humanity Valley Of The Sun
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
Pearson Matthew -- First American Title Ins Co
Pearson Matthew $635,000 American Title Svc Agency Ll
Luca Realty Llc -- Chicago Title Agency Inc
Luca Realty Llc -- None Available
Cima Holdings Llc $33,000 Dhi Title Agency
Zeller Michael $7,000 American Title Insurance
Habitat For Humanity Valley Of The Sun $10,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Matthew $570,000
Previous Owner Pearson Matthew $431,250
Previous Owner Luca Realty Llc $275,443
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2014 08/21/14 Sold $33,000 -34.0% --
08/06/2014 08/06/14 Pending -- -- --
11/02/2013 11/02/13 For Sale $50,000 -- --
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 $3,270 $25,154 -- --
2024 $3,232 $23,956 -- --
2023 $3,232 $99,410 $19,880 $79,530
2022 $3,106 $78,020 $15,600 $62,420
2021 $3,181 $71,220 $14,240 $56,980
2020 $3,104 $48,400 $9,680 $38,720
2019 $3,082 $38,050 $7,610 $30,440
2018 $3,018 $20,800 $4,160 $16,640
2017 $1,911 $14,950 $2,990 $11,960
2016 $988 $5,745 $5,745 $0
2015 $1,006 $7,136 $7,136 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5024928

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-74-126