NOT LISTED FOR SALE

1525 E Mckinley St Unit 5 Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $249,656 - $362,000

0.15 Acre
$1,936,093 Price per Acre
6,479 Sq Ft Lot

Last Sold February 05, 2021

Last sale price $195,000

Est. 40% increase in value since last sale

Current estimated payment $1,616/month

Highlights

  • The property is located in a historic district
  • Phoenix Coding Academy Rated A
  • No HOA

About This Lot

As of February 2021

Located in the in the RED HOT Garfield Historic District. Zoned R-4. There is a Site Plan and a full set of Building Plans approved by Historic Preservation. The Site Plan is also approved by the City Phoenix. The Building Plans have been submitted to the City but not yet approved if Buyer is interested. See documents
There are homes selling for over $400sqft!!!

Last Agent to Sell the Property

Kimberly Mudd

Sound Realty License #BR581230000 Listed on: 01/21/2021

Last Buyer's Agent

Rosie Derryberry

Real Broker License #SA551902000

Real Broker

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,553

Lot Details

  • 6,479 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned R-4

Location

  • The property is located in a historic district

Schools

  • Garfield Elementary And Middle School
  • North High School

Community Details

  • No Home Owners Association
  • Garfield Place Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 116-19-109

Property Details

Property Type

Land

Est. Annual Taxes

$1,553

Lot Details

0

Listing Details

  • Cross Street: Roosevelt and 16th St
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Plans Available, Plans Included, On Site Imp Cmplete, Prelim Eng Included
  • Zoning: R-4
  • Tax Year: 2020
  • Directions: South on 16th St to McKinley St west
  • Lot Size Acres: 0.15
  • Road Surface Type: Asphalt, Sidewalk(s), Alley
  • Subdivision Name: GARFIELD PLACE
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Historic District
  • Disclosures: Soil Test
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: See Remarks, City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Garfield School

Lot Info

  • Lot Size: 50 x 138
  • Lot Size Sq Ft: 6479.0
  • Additional Parcels: No
  • Parcel #: 116-19-109
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1553.0
  • Tax Book Number: 116.00
  • Tax Lot: 5
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 4, 2021
Sold by
Sound 401K Psp and Mudd Kimberly
Bought by
1525 East Mckinley Partners Llc
Seller's Agent
Kimberly Mudd
Sound Realty
Buyer's Agent
Rosie Derryberry
Real Broker
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$273,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,507
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Oct 22, 2019
Sold by
Krick Kenneth M and Swh Funding Llc
Bought by
Sound 401 K Profit Sharing Plan

Purchase Details

Closed on
Sep 12, 2018
Sold by
Schlueter Bryan
Bought by
Bryan Schlueter Pllc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,700
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2018
Sold by
Bryan Schlueter Pllc
Bought by
Krick Kenneth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,700
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2018
Sold by
Schlueter Brittany
Bought by
Schlueter Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2005
Sold by
Beltran Mario Z and Beltran Julia E
Bought by
Donohue Daniel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 26, 1977
Sold by
Sanders Charles L and Sanders Connie An
Bought by
Beltran Mario Z and Beltran Julia E
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
1525 East Mckinley Partners Llc $195,000 Grand Canyon Title
Sound 401 K Profit Sharing Plan $167,500 None Available
Bryan Schlueter Pllc -- First American Title Insuran
Krick Kenneth M $167,000 First American Title Insuran
Schlueter Bryan -- Empire West Title Agency Llc
Schlueter Bryan $120,000 Empire West Title Agency Llc
Donohue Daniel M $144,000 Dhi Title Of Arizona Inc
Beltran Mario Z -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krick Kenneth M $156,700
Previous Owner Schlueter Bryan $127,000
Previous Owner Schlueter Bryan $229,000
Previous Owner Donohue Daniel M $100,000
Previous Owner Donohue Daniel M $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $195,000 0.0% --
01/20/2021 01/20/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $195,000 -- --
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 $1,413 $10,569 $10,569 --
2024 $1,400 $10,066 $10,066 --
2023 $1,400 $15,900 $15,900 $0
2022 $1,350 $15,900 $15,900 $0
2021 $1,535 $18,910 $3,780 $15,130
2020 $1,553 $17,470 $3,490 $13,980
2019 $1,550 $12,550 $2,510 $10,040
2018 $602 $9,910 $1,980 $7,930
2017 $588 $6,910 $1,380 $5,530
2016 $571 $5,970 $1,190 $4,780
2015 $529 $4,610 $920 $3,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6183590

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-19-109