NOT LISTED FOR SALE

1611 S 5th St Unit 12 Phoenix, AZ 85004

Central City Neighborhood

Estimated Value: $376,530 - $426,000

0.15 Acre
$2,697,553 Price per Acre
6,336 Sq Ft Lot

Last Sold September 02, 2018

Last sale price $32,500

Est. 1,145% increase in value since last sale

Current estimated payment $2,436/month

4 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Level Lot
  • Phoenix Coding Academy Rated A

About This Lot

As of September 2018

Infill lot in central Phoenix. Build your dream today... Services should be at the street - buyer to verify.

Last Listed By

Timothy Schutt

Wrangler Real Estate Brokerage Phone: 480-510-4555 License #BR567000000 Listed on: 01/02/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $414

Year Built

  • 2019

Lot Details

  • 6,336 Sq Ft Lot
  • Level Lot
  • Property is zoned R-3

Property Views

  • City Lights Views

Community Details

  • No Home Owners Association
  • Cope Add Blks 1 6 Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 112-40-035

Property Details

Property Type

Land

Est. Annual Taxes

$414

Year Built

2019

Lot Details

0

Listing Details

  • Cross Street: 7th Street and 1-17
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: R-3
  • Tax Year: 2017
  • Directions: 7th Street to E Mohave St then west to 5th St then north to property on the east side of 5th St.
  • Attribution Contact: 480-510-4555
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: lgry01
  • Co List Office Phone: 480-510-4555
  • Subdivision Name: COPE ADD BLKS 1-6
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2019

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Lot Features: See Remarks, City Light View(s)
  • Disclosures: None
  • Other Structures: Other, See Remarks

Utilities

  • Electric: Other (See Rmks)
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 51x126
  • Lot Size Sq Ft: 6336.0
  • Additional Parcels: No
  • Parcel #: 112-40-035
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 414.0
  • Tax Book Number: 112.00
  • Tax Lot: 12
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2020
Sold by
Mirpuri Kabir J and Yadav Anitha
Bought by
Mirpuri Yadav Phx Llc
Total Days on Market
4
Current Estimated Value
$404,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,875
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2020
Sold by
Genaros Remodel Llc
Bought by
Mirpuri Kabir J and Yadav Anitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2018
Closed on
Aug 21, 2018
Sold by
Ina Group Llc
Bought by
Genaros Remodel Llc
Seller's Agent
Timothy Schutt
Wrangler Real Estate
Buyer's Agent
Linda Gonzalez
Prestige Realty
List Price
$35,000
Sold Price
$32,500
Premium/Discount to List
-$2,500
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.54%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Properties in Phoenix, AZ

  • 733 S 1st St Unit 5, Phoenix, AZ 85004

    $385,000

    • Land
    • 0.16 Acre
    • $2,406,250 per Acre
    • 733 S 1st St
    • Unit 5
    • Phoenix, AZ

    Discover an exceptional opportunity to own a strategically located parcel of land in close proximity to the vibrant heart of downtown Phoenix. Immerse yourself in the dynamic energy of the city, with the Footprint Center and Chase Field just a stone's throw away. This property offers unparalleled access to the city's lively nightlife, diverse restaurants, and trendy bars. An array of

    Javier Espinoza ECD Realty

    Section Image
  • 1202 S 14th St, Phoenix, AZ 85034

    $399,900

    • Land
    • 0.15 Acre
    • $2,666,000 per Acre
    • 1202 S 14th St
    • Phoenix, AZ

    This listing encompasses parcels 115-42-058, 115-42-056, and 115-42-057-B, as outlined in red in the photos. Square footage and lot square footage in this listing represents the sum of the structures and area of those 3 parcels. This property contains a main house with 3 bedrooms and 1 bathroom, an attached ''church'' with 1.5 bathrooms, and a detached ''guest house'' with 1 bathroom and 1

    Aaron Gough Olson Gough

    Section Image
  • 3418 S Central Ave, Phoenix, AZ 85040

    $359,000

    • Land
    • 0.18 Acre
    • $1,994,444 per Acre
    • 3418 S Central Ave
    • Phoenix, AZ

    No Qualifying & Owner may carry financing - Amazing opportunity to own a vacant lot fenced with a nice slab of concrete and a sliding gate done super nice! with a container office with AC Phoenix that is already zoned C-3 - Food trucks? Car lot storage? Storage? Charging center? Construction site to park your equipment - Build your business here Get creative! Or own this and lease it!Owner

    Bettina Franco HomeSmart

    Section Image
  • 918 E Fillmore St Unit 5, Phoenix, AZ 85006

    $400,000

    • Land
    • 0.16 Acre
    • $2,500,000 per Acre
    • 918 E Fillmore St
    • Unit 5
    • Phoenix, AZ

    Development Opportunity! R-5 lot available alone or as part of a possible four lot assemblage in Garfield Historic District, including a corner lot. Unbeatable location adjacent to commercial node at 10th St/McKinley, (Welcome Diner, Gallo Blanco), and walking distance to downtown Phoenix. Solid rental area. Roosevelt Row, ASU, Biotech, employers, entertainment, light rail.

    Julia Foley HomeSmart

    Section Image
  • 2117 E Adams St, Phoenix, AZ 85034

    $370,600

    • Land
    • 0.18 Acre
    • $2,058,889 per Acre
    • 2117 E Adams St
    • Phoenix, AZ

    Wow what a commercial lot! Opportunity zone, A-1 zoned which allows for marijuana (use permit required). Also light industrial. close to freeway, downtown Phoenix, Phoenix sky harbor airport, and the light rail. Don't miss this chance to acquire a great location. This property must be sold with 2130 E. Washington, Phoenix, AZ

    Sabrina Walters SLW Realty Group, LLC

    Section Image
  • 1950 E Adams St Unit 24 33, Phoenix, AZ 85034

    $400,000

    • Land
    • 0.22 Acre
    • $1,818,182 per Acre
    • 1950 E Adams St
    • Unit 24 33
    • Phoenix, AZ

    This lot is situated within one of Phoenix's most rapidly developing areas, boasting convenient access to the light rail, employment hubs, educational institutions, and entertainment venues. Additionally, it resides within a designated Opportunity Zone and falls under several other advantageous zoning, development, and transportation plans. Seller owns two adjacent lots (115-03-113 and

    Jeff Jurgenson eXp Realty

    Section Image
  • 3115 N 16th St Unit 1, Phoenix, AZ 85016

    $439,800

    • Land
    • 0.23 Acre
    • $1,912,174 per Acre
    • 3115 N 16th St
    • Unit 1
    • Phoenix, AZ

    OPPORTUNITY KNOCKING! Rare vacant lot in Central Phoenix, approximately 1/4 acre vacant land on one of the busiest Phoenix streets. Zoning is C1. Please check with city of Phoenix about all the possibilities. Perfect for builders and investors! Commercial and Residentinal possibilities!

    Ariana Adams West USA Realty

    Section Image
  • 2729 E Mcdowell Rd Unit 15, Phoenix, AZ 85008

    $399,900

    • Land
    • 0.15 Acre
    • $2,666,000 per Acre
    • 2729 E Mcdowell Rd
    • Unit 15
    • Phoenix, AZ

    * * * AMAZING COMMERCIAL LOT * * * CLOSE TO FWY, DOWNTOWN AND SHOPPING * The lot is currently leased to a nursery business.

    Imelda Lopez-Garcia Prestige Realty

    Section Image
  • 6836 N 13th Place Unit B, Phoenix, AZ 85014

    $495,000

    • Land
    • 0.22 Acre
    • $2,250,000 per Acre
    • 6836 N 13th Place
    • Unit B
    • Phoenix, AZ

    Seize the opportunity to own a prime parcel of land in one of Phoenix's most sought-after locations! With city approval for a lot split, Lot 2B is an ideal site for your custom home or next investment project. Nestled in a vibrant community, Lot 2B offers easy access to some of The Valley's best schools, parks, entertainment, and local shopping and dining. This lot is an excellent choice for

    Paul Nicoletti RETSY

    Section Image
See All Homes in Phoenix

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
Mirpuri Yadav Phx Llc -- None Available
Mirpuri Kabir J $250,000 Great American Title Agency
Genaros Remodel Llc $32,500 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mirpuri Kabir J $193,875
Previous Owner Mirpuri Kabir J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2018 09/02/18 Sold $32,500 -7.1% --
01/02/2018 01/02/18 Price Changed $35,000 0.0% --
05/22/2017 05/22/17 Pending -- -- --
05/18/2017 05/18/17 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 $2,180 $16,305 -- --
2024 $2,159 $15,528 -- --
2023 $2,159 $25,980 $5,190 $20,790
2022 $2,083 $22,180 $4,430 $17,750
2021 $2,067 $19,370 $3,870 $15,500
2020 $2,091 $18,250 $3,650 $14,600
2019 $443 $2,610 $2,610 $0
2018 $436 $2,610 $2,610 $0
2017 $426 $2,745 $2,745 $0
2016 $414 $2,565 $2,565 $0
2015 $408 $2,736 $2,736 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Schutt

    Seller's Agent in 2018

    Timothy Schutt

    Wrangler Real Estate

    (520) 591-0027

    5 in this area

    1,761 Total Sales

    Timothy Schutt
    Section Image
  • Richard Schutt

    Seller Co-Listing Agent in 2018

    Richard Schutt

    Wrangler Real Estate

    (480) 313-2246

    5 in this area

    1,194 Total Sales

    Richard Schutt
    Section Image
  • Linda Gonzalez

    Buyer's Agent in 2018

    Linda Gonzalez

    Prestige Realty

    (480) 703-3012

    13 in this area

    134 Total Sales

    Linda Gonzalez
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5607298

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-40-035

Arizona Maricopa County Phoenix 85004 Central City

1611 S 5th St Unit 12, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1611 S 5th St Unit 12, Phoenix, AZ 85004 since 02 January 2018 and is currently estimated at $404,633. This property was built in 2019. 1611 S 5th St Unit 12 is a home located in Maricopa County with nearby schools including Silvestre Herrera 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

Nearby Homes