$18,500
SOLD DEC 5, 2013

1538 W Pierce St Unit 10 Phoenix, AZ 85007

Central City Neighborhood
0.15 Acre
$123,333 Price per Acre
6,375 Sq Ft Lot

Recently Sold

47% Below List Price

229 Days on Market

About This Lot

As of December 2013

Unique opportunity to purchase a fenced, vacant R5/RI multifamily zoned lot for a creative residential infill development project. The property is located near the Capital Mall & Oakland Historic Districts and just west of the popular Grand Avenue Arts district in the area known as The Triangle. See attached Survey & Soils Report for more information. Property is listed by Owner Agent.

Motivated seller...Make an offer. Owner may carry with 50% down or discount for cash offer.

Last Agent to Sell the Property

Lorenzo Perez

Cambridge Properties License #SA577430000 Listed on: 04/10/2013

Last Buyer's Agent

Nicole Brown

Sterling Fine Properties License #SA632667000

Property Details

Property Type

  • Land

Lot Details

  • 6,375 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned R5-RI

Eco-Friendly Details

  • North or South Exposure

Community Details

  • No Home Owners Association
  • West Lawn Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 111-25-174

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Cross Street: 15th Avenue & Roosevelt (Downtown Phoenix)
  • Property Type: Land
  • Zoning: R5-RI
  • Tax Year: 2012
  • Directions: South on 15th Avenue from Roosevelt, turn right on Pierce Street (2nd street south of Roosevelt); Go West toward end of street. Its the only vacant lot on north side of street, 3rd lot from 16th Ave.
  • Lot Size Acres: 0.15
  • Road Surface Type: Asphalt
  • Subdivision Name: West Lawn
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: North/South Exp
  • Disclosures: Soil Test, Boundary Survey Avlb
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50' x 127.5'
  • Lot Size Sq Ft: 6375.0
  • Additional Parcels: No
  • Parcel #: 111-25-174
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 547.74
  • Tax Book Number: 111.00
  • Tax Lot: 10
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2018
Sold by
Green Holdings Llc
Bought by
Mbg2 Llc
Current Estimated Value
$184,339

Purchase Details

Listed on
Jul 3, 2017
Closed on
Jul 27, 2017
Sold by
Carpio Moises
Bought by
Green Holdings Llc
Seller's Agent
Thomas Espinosa
AZ Dream Homes
Buyer's Agent
James Yancey
Gentry Real Estate
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%

Purchase Details

Listed on
Apr 10, 2013
Closed on
Dec 4, 2013
Sold by
Perez Lawrence G and Perez Tracey D
Bought by
Carpio Moises
Seller's Agent
Lorenzo Perez
Cambridge Properties
Buyer's Agent
Nicole Brown
Sterling Fine Properties
List Price
$35,000
Sold Price
$18,500
Premium/Discount to List
-$16,500
-47.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.10%

Purchase Details

Closed on
Feb 6, 2003
Sold by
Sanchez Ismael and Sanchez Inez
Bought by
Perez Lawrence G and Perez Tracey D

Purchase Details

Closed on
Sep 14, 2000
Sold by
Stein Leticia
Bought by
Sanchez Ismael and Sanchez Inez

Purchase Details

Closed on
Jan 31, 1997
Sold by
Stein James R
Bought by
Stein Leticia
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 Type Sale Price Title Company
Warranty Deed -- Accommodation
Warranty Deed $65,000 Magnus Title Agency Llc
Warranty Deed $18,500 Security Title Agency
Warranty Deed $18,000 Security Title Agency
Warranty Deed $11,000 Transnation Title Insurance
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 For Sale $65,000 +251.4% --
12/05/2013 12/05/13 Sold $18,500 -47.1% --
11/25/2013 11/25/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $35,000 -- --
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 $408 $3,053 $3,053 --
2024 $404 $2,907 $2,907 --
2023 $404 $15,195 $15,195 $0
2022 $390 $9,150 $9,150 $0
2021 $387 $7,815 $7,815 $0
2020 $391 $6,705 $6,705 $0
2019 $391 $4,875 $4,875 $0
2018 $384 $2,865 $2,865 $0
2017 $375 $2,490 $2,490 $0
2016 $364 $2,265 $2,265 $0
2015 $360 $2,416 $2,416 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Espinosa

    Seller's Agent in 2017

    Thomas Espinosa

    AZ Dream Homes

    (480) 639-7807

    82 Total Sales

    Thomas Espinosa
    Section Image

  • J

    Buyer's Agent in 2017

    James Yancey

    Gentry Real Estate

    (480) 452-6227

    3 in this area

    14 Total Sales

    James Yancey
    Section Image

  • L

    Seller's Agent in 2013

    Lorenzo Perez

    Cambridge Properties

    Section Image

  • N

    Buyer's Agent in 2013

    Nicole Brown

    Sterling Fine Properties

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4917907

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-25-174

Arizona Maricopa County Phoenix 85007 Central City

1538 W Pierce St Unit 10, Phoenix, AZ

This home is located at 1538 W Pierce St Unit 10, Phoenix, AZ 85007 and is currently priced at $18,500. 1538 W Pierce St Unit 10 is a home located in Maricopa County with nearby schools including Capitol Elementary School, Phoenix Coding Academy, and Central High School.

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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