$394,000
$5K PRICE DROP

1608 W Sherman St Unit 4 Phoenix, AZ 85007

Central City Neighborhood

Estimated payment $2,153/month

Total Views 496
0.33 Acre
$1,193,939 Price per Acre
14,375 Sq Ft Lot

Highlights

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

About This Lot

LOCATED RIGHT OFF DOWNTOWN! Formerly 2 separate lots with single family homes. Could easily be split again for 2 SFR projects. Perfect for an Apartment or Condo project up to 18 units. Located just 2 miles from downtown and close to the airport. Properties to the North are zoned C-3 commercial lots. Potential rezoning available. This downtown Phoenix area has new & established single family, multi-residential developments and commercial properties. Lot is currently being rented for storage at $1100 monthly.

Listing Agent

Emily Weaver

Open House Realty License #SA668881000 Listed on: 08/23/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $843

Lot Details

  • 0.33 Acre Lot
  • Chain Link Fence
  • Level Lot
  • Property is zoned R5

Community Details

  • No Home Owners Association
  • North Steve Rayburn Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 112-10-026-A

Property Details

Property Type

Land

Est. Annual Taxes

$843

Lot Details

0

Listing Details

  • Cross Street: 17th Ave & Sherma St.
  • Legal Info Range: 3E
  • Property Type: Land
  • Topography: Level
  • Zoning: R5
  • Tax Year: 2024
  • Horses: No
  • Lot Size Acres: 0.33
  • Road Surface Type: Asphalt
  • Subdivision Name: NORTH STEVE RAYBURN SUBDIVISION
  • Tax Parcel Letter: A
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family, Mobile/Mgf Hme/RV's

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 100 x 141.59
  • Lot Size Sq Ft: 14159.0
  • Additional Parcels: No
  • Parcel #: 112-10-026-A

Tax Info

  • Tax Annual Amount: 843.0
  • Tax Book Number: 112.00
  • Tax Lot: 4
  • Tax Map Number: 10.00

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $843 $6,112 $6,112 --
2024 $860 $6,003 $6,003 --
2023 $860 $15,215 $15,215 $0
2022 $854 $10,010 $10,010 $0
2021 $872 $8,586 $8,586 $0
2020 $882 $7,380 $7,380 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2025 10/14/25 Price Changed $394,000 -1.3% --
08/23/2025 08/23/25 For Sale $399,000 +625.5% --
11/15/2013 11/15/13 Sold $55,000 -73.8% -- View Prior Sale
11/07/2013 11/07/13 Pending -- -- --
05/25/2011 05/25/11 For Sale $210,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Transamerica Title Ins Co
Joint Tenancy Deed $14,000 Transamerica Title Ins Co
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6909963

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-10-026A

Arizona Maricopa County Phoenix 85007 Central City

1608 W Sherman St Unit 4, Phoenix, AZ

This home is located at 1608 W Sherman St Unit 4, Phoenix, AZ 85007 and is currently priced at $394,000. 1608 W Sherman St Unit 4 is a home located in Maricopa County with nearby schools including Mary Mcleod Bethune 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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Listing Agent
Emily Weaver
Section Image
Open House Realty
(602) 584-1857