NOT LISTED FOR SALE

1611 E Lamar Rd Unit 3 Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $2,221,000 - $2,256,754

0.26 Acre
$8,604,573 Price per Acre
11,468 Sq Ft Lot

Sale Details

Date Sold: April 30, 2021

Last sale price $340,000

Est. 558% increase in value since last sale

Current estimated payment $13,150 / mo

157 Days on Market

About This Lot

As of April 2021

If you are builder-developer here is your chance, [R-3] Multiple Family Residence city zoning or build a custom home or a huge assisted living home. No HOA close to 51 Freeway. Water, Sewer, Electric, Gas on property. Owner Agent

Last Agent to Sell the Property

Haider Mansoori

On Time Real Estate License #BR106582000 Listed on: 09/16/2020

Last Buyer's Agent

Robert Banovac

RMB Realty LLC License #BR036359000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,020

Lot Details

  • 11,468 Sq Ft Lot
  • Property is zoned [R-3] Multiple

Schools

  • Madison Elementary School
  • Madison Heights Elementary Middle School
  • Camelback High School

Community Details

  • No Home Owners Association
  • Town Heights Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 164-34-003

Property Details

Property Type

Land

Est. Annual Taxes

$3,020

Lot Details

0.26 Acres

Listing Details

  • Cross Street: 16th ST and Glendale
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: [R-3] Multiple
  • Tax Year: 2020
  • Lot Size Acres: 0.26
  • Subdivision Name: TOWN HEIGHTS
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Madison Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Madison Heights Elementary School

Lot Info

  • Lot Size: 143X80
  • Lot Size Sq Ft: 11468.0
  • Additional Parcels: No
  • Parcel #: 164-34-003
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3020.0
  • Tax Book Number: 164.00
  • Tax Lot: 3
  • Tax Map Number: 34.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2026
Sold by
Bought by
Current Estimated Value
$2,237,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
0.0611%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2020
Closed on
Apr 23, 2021
Sold by
Bought by
Seller's Agent
Haider Mansoori
On Time Real Estate
Buyer's Agent
Robert Banovac
RMB Realty LLC
List Price
$399,000
Sold Price
$340,000
Premium/Discount to List
-$59,000
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.47%
Original Mortgage
$1,032,000
Interest Rate
0.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 9, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.044%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,250,000 Pinnacle Title Services
$340,000 Greystone Title
$280,000 Empire West Title Agency Llc
$50,000 Security Title Agency
-- Security Title Agency
$85,000 Nations Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,650,000
Previous Owner $1,640,000
Previous Owner $1,319,880
Previous Owner $1,032,000
Previous Owner $250,000
Previous Owner $30,000
Previous Owner $60,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $340,000 -2.6% --
02/20/2021 02/20/21 Pending -- -- --
12/22/2020 12/22/20 Price Changed $349,000 -12.5% --
09/16/2020 09/16/20 For Sale $399,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,957 $25,938 $25,938
2024 $3,135 $24,703 $24,703
2023 $3,135 $39,705 $39,705 $0
2022 $3,042 $35,160 $35,160 $0
2021 $3,068 $37,110 $37,110 $0
2020 $3,020 $35,655 $35,655 $0
2019 $3,246 $26,800 $5,360 $21,440
2018 $3,166 $23,710 $4,740 $18,970
2017 $2,649 $22,510 $4,500 $18,010
2016 $2,552 $24,780 $4,950 $19,830
2015 $2,375 $23,030 $4,600 $18,430
Source: Public Records

Agents Affiliated with this Home

  • Haider Mansoori

    Seller's Agent in 2021

    Haider Mansoori

    On Time Real Estate

    (602) 679-7000

    13 Total Sales

    Haider Mansoori
    Section Image

  • R

    Buyer's Agent in 2021

    Robert Banovac

    RMB Realty LLC

    (602) 571-4888

    1 in this area

    1 Total Sale

    Robert Banovac
    Section Image
  • Michael Banovac

    Buyer Co-Listing Agent in 2021

    Michael Banovac

    RMB Realty LLC

    (602) 571-4888

    5 in this area

    12 Total Sales

    Michael Banovac
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6132705

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-34-003

Arizona Maricopa County Phoenix 85016 Camelback East Village

1611 E Lamar Rd Unit 3, Phoenix, AZ

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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