NOT LISTED FOR SALE

Estimated Value: $1,012,000 - $1,529,000

0.35 Acre
$3,528,126 Price per Acre
15,246 Sq Ft Lot

Last Sold May 09, 2017

Last sale price $300,000

Est. 312% increase in value since last sale

Current estimated payment $7,513/month

12 Days on Market

Highlights

  • 0.35 Acre Lot
  • No HOA
  • Level Lot
  • Phoenix Coding Academy Rated A

About This Lot

As of May 2017

Ready to build your new home? Located in the heart of booming Midtown Phoenix, this 1/3+ acre infill lot is on a quiet street in a lovely, well-established neighborhood. Sought after North/South exposure to build your perfectly sized home with plenty of room for a pool and the backyard of your dreams. This lot is irrigated, has lots of trees and vegetation and feels like a serene park. In the Madison School district and within walking/biking distance to shops, restaurants and all of the great stuff happening in the 7th St-16th St corridors. Easy commute to downtown and quick access to the Hwy51 makes this location ideal.

Last Agent to Sell the Property

Angela Woellmer

HomeSmart License #SA583072000 Listed on: 03/11/2017

Last Buyer's Agent

Danielle McBride

Coldwell Banker Realty License #SA660359000

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,977

Year Built

  • 2018

Lot Details

  • 0.35 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Level Lot
  • Property is zoned R1-6

Eco-Friendly Details

  • North or South Exposure

Schools

  • Madison Rose Lane Elementary School
  • Central High School

Community Details

  • No Home Owners Association
  • Nixon Square Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 162-02-014

Property Details

Property Type

Land

Est. Annual Taxes

$6,977

Year Built

2018

Lot Details

0

Listing Details

  • Cross Street: 16th Street & Bethany Home
  • Legal Info Range: 3E
  • Property Type: Land
  • Topography: Level
  • Zoning: R1-6
  • Tax Year: 2017
  • Directions: South on 16th to San Juan; West on San Juan to property on south side.
  • Lot Size Acres: 0.35
  • Road Surface Type: Asphalt
  • Subdivision Name: NIXON SQUARE
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Madison Rose Lane School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 110 x 138
  • Lot Size Sq Ft: 15120.0
  • Additional Parcels: No
  • Parcel #: 162-02-014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 162.00
  • Tax Lot: 14
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2018
Sold by
Gallett Kyle R and Gallett Lynn
Bought by
Gallett Kyle R and Gallett Lynn
Total Days on Market
12
Current Estimated Value
$1,234,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 24, 2017
Sold by
Gallett Kyle R and Gallett Lynn L
Bought by
Gallett Kyle R and Gallett Lynn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.78%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 23, 2017
Sold by
Gallett Kyle R and Gallett Lynn L
Bought by
Gallett Kyle R and Gallett Lynn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.78%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 11, 2017
Closed on
May 3, 2017
Sold by
Miller John C and Miller Monica M
Bought by
Gallett Kyle R and Gallett Lynn L
Seller's Agent
Angela Woellmer
HomeSmart
Buyer's Agent
Danielle McBride
Coldwell Banker Realty
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.14%

Purchase Details

Closed on
May 11, 1999
Sold by
Lofton Delsie
Bought by
Mcconnell Monica M and Miller John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
9.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 1999
Sold by
Butler Teresa
Bought by
Butler Reid W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
9.49%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Gallett Kyle R -- Accommodation
Gallett Kyle R -- Equity Title Agency
Gallett Kyle R -- Accommodation
Gallett Kyle R -- Equity Title Agency Inc
Gallett Kyle R $300,000 Equity Title Agency Inc
Mcconnell Monica M $149,900 Lawyers Title Of Arizona Inc
Butler Reid W -- Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallett Kyle R $393,500
Closed Gallett Kyle R $465,000
Closed Gallett Kyle R $450,000
Previous Owner Mcconnell Monica M $134,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2017 05/09/17 Sold $300,000 -7.7% --
03/22/2017 03/22/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $325,000 -- --
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 $6,977 $61,009 -- --
2024 $6,775 $58,104 -- --
2023 $6,775 $88,380 $17,670 $70,710
2022 $6,555 $72,110 $14,420 $57,690
2021 $6,617 $69,130 $13,820 $55,310
2020 $6,504 $67,370 $13,470 $53,900
2019 $6,948 $63,230 $12,640 $50,590
2018 $2,288 $23,610 $23,610 $0
2017 $2,808 $24,980 $4,990 $19,990
2016 $2,706 $24,580 $4,910 $19,670
2015 $2,518 $22,370 $4,470 $17,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5573870

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-02-014