NOT LISTED FOR SALE

1618 E Adams St Unit 17 Phoenix, AZ 85034

Central City Neighborhood

Estimated Value: $398,000 - $462,000

0.16 Acre
$2,648,619 Price per Acre
7,000 Sq Ft Lot

Last Sold April 07, 2016

Last sale price $33,000

Est. 1,184% increase in value since last sale

Current estimated payment $2,364/month

34 Days on Market

About This Lot

As of April 2016

This is only 1 of two city lots next to each other. You don't have to buy them together but would make a great multi-family location. Buyer to confirm all zoning and utility connections. Buyer to confirm property can be used as Buyer plans. Buyer to pay for all soil test, Phase 1 and 2 environmental test.

Last Agent to Sell the Property

Chris F Campbell

Chris F Campbell License #BR533398000 Listed on: 01/28/2016

Last Buyer's Agent

Lionel Thundercl Gomez

TCB Realty License #BR629665000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $405

Lot Details

  • 7,000 Sq Ft Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned MH

Community Details

  • No Home Owners Association
  • Collins Phoenix Blks 23 26, 17, 27 Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 115-04-068

Property Details

Property Type

Land

Est. Annual Taxes

$405

Lot Details

0

Listing Details

  • Cross Street: 16th Street and Van Buren
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: MH
  • Tax Year: 2015
  • Directions: South to Adams, East to property
  • Lot Size Acres: 0.16
  • Subdivision Name: COLLINS PHOENIX BLKS 23-26, 17, 27
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Disclosures: None

Utilities

  • Electric: Other (See Rmks)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50x140
  • Lot Size Sq Ft: 7000.0
  • Number Of Lots: 2
  • Additional Parcels: Yes
  • Parcel #: 115-04-068
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 405.0
  • Tax Book Number: 115.00
  • Tax Lot: 17
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
6810 South Central Llc
Bought by
Torrez Diversified Llc
Current Estimated Value
$423,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,604
Outstanding Balance
$307,829
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$117,708

Purchase Details

Closed on
Oct 13, 2022
Sold by
Torrez Gregory
Bought by
6810 South Central Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,920
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2021
Sold by
Nieto Andrew and Nieto Angela L
Bought by
Torrez Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2021
Sold by
Torrez Josephine L and Torrez Gregory
Bought by
Torrez Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2017
Sold by
Aberrant Design & Construction Inc
Bought by
Nieto Andrew and Nieto Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 28, 2016
Closed on
Jun 3, 2016
Sold by
Acosta Pablo Daniel
Bought by
Aberrant Design & Construction Inc
Seller's Agent
Chris F Campbell
Chris F Campbell
Buyer's Agent
Lionel Thundercl Gomez
TCB Realty
List Price
$37,500
Sold Price
$33,000
Premium/Discount to List
-$4,500
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.00%

Purchase Details

Listed on
Jan 28, 2016
Closed on
Mar 23, 2016
Sold by
Northlands Village Llc
Bought by
Acosta Pablo Daniel
Seller's Agent
Chris F Campbell
Chris F Campbell
Buyer's Agent
Lionel Thundercl Gomez
TCB Realty
List Price
$37,500
Sold Price
$33,000
Premium/Discount to List
-$4,500
-12%

Purchase Details

Closed on
Feb 6, 2008
Sold by
Lopez Lourdes
Bought by
Northlands Village Llc

Purchase Details

Closed on
Oct 25, 2004
Sold by
Maldonado Maria Elena
Bought by
Lopez Lourdes
Source: Public Records

Range of Values:

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Average Value
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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
Torrez Diversified Llc -- Stewart Title & Trust Of Phoen
6810 South Central Llc -- Stewart Title & Trust Of Phoen
Torrez Gregory $380,000 Valleywide Title Agency
Torrez Gregory -- Valleywide Title Agency
Nieto Andrew $225,000 Driggs Title Agency Inc
Aberrant Design & Construction Inc -- None Available
Acosta Pablo Daniel $33,000 Empire West Title Agency
Northlands Village Llc $145,000 Equity Title Agency Inc
Lopez Lourdes -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torrez Diversified Llc $311,604
Previous Owner 6810 South Central Llc $312,920
Previous Owner Torrez Gregory $305,000
Previous Owner Nieto Andrew $220,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2016 04/07/16 Sold $33,000 -12.0% --
03/02/2016 03/02/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $37,500 -- --
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 $1,511 $11,303 -- --
2024 $1,497 $10,764 -- --
2023 $1,497 $32,070 $6,410 $25,660
2022 $1,444 $28,210 $5,640 $22,570
2021 $1,278 $21,230 $4,240 $16,990
2020 $1,296 $20,050 $4,010 $16,040
2019 $1,296 $15,070 $3,010 $12,060
2018 $1,273 $11,320 $2,260 $9,060
2017 $1,228 $10,200 $2,040 $8,160
2016 $410 $2,565 $2,565 $0
2015 $405 $2,736 $2,736 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5389907

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-04-068