$795,000
$80K PRICE DROP

Estimated payment $4,521/month

Total Views 4,412
0.49 Acre
$1,622,449 Price per Acre
21,344 Sq Ft Lot

Highlights

  • 0.49 Acre Lot
  • Mountain View
  • Wood Fence
  • Madison Heights Elementary School Rated A-
  • No HOA
  • Level Lot

About This Lot

Infill Deveopment Opportunity. City Approved, Permit Ready Plans for two Duplex buildings. Four two story Units 2,035 SF each. Main living on 2nd floor with awesome views of Piestewa Peak.
Permit ready plans and reports will be provided at contract acceptance. Partial plans in document Folder. Build to rent or create a condo plat to sell. Rent comps at $4,500/Unit. Sale Comps at $1,200,000 just up the street.

Listing Agent

Ingibjorg Valsdottir

HomeSmart License #SA534068000 Listed on: 02/03/2025

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,567

Lot Details

  • 0.49 Acre Lot
  • East or West Exposure
  • Wood Fence
  • Block Wall Fence
  • Level Lot
  • Property is zoned R-3

Schools

  • Madison #1 Elementary School
  • Camelback High School

Additional Features

  • Mountain Views
  • Residence on Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 164-34-022-A

Property Details

Property Type

Land

Est. Annual Taxes

$1,567

Lot Details

0

Listing Details

  • Cross Street: 16th Street & Glendale Ave
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Plans Available, Plans Included
  • Topography: Level
  • Zoning: R-3
  • Tax Year: 2024
  • Directions: South on 16th St from Glendale, East on Ocotillo Rd to property. Drive-by only. Do not disturb tenant without prior notice.
  • Horses: No
  • Lot Size Acres: 0.49
  • Road Surface Type: Dedicated Street
  • Tax Parcel Letter: A
  • View:Mountain View(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: East/West Exposure
  • View: Mountain(s)
  • Disclosures: Soil Test, Seller Prop Disc Stm, Boundary Survey Avlb, ALTA Survey Alba, Development Pln Aval
  • Other Structures: Residence

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Madison #1 Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Elementary School

Lot Info

  • Lot Size: 75' x 277
  • Lot Size Sq Ft: 21344.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 164-34-022-A

Tax Info

  • Tax Annual Amount: 1567.0
  • Tax Book Number: 164.00
  • Tax Lot: -
  • Tax Map Number: 34.00

Map

Range of Values:

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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 $1,567 $12,618 -- --
2024 $1,410 $12,017 -- --
2023 $1,410 $49,400 $9,880 $39,520
2022 $1,366 $37,410 $7,480 $29,930
2021 $1,387 $35,270 $7,050 $28,220
2020 $1,365 $28,960 $5,790 $23,170
2019 $1,334 $23,650 $4,730 $18,920
2018 $1,300 $21,000 $4,200 $16,800
2017 $1,236 $18,180 $3,630 $14,550
2016 $1,192 $11,720 $2,340 $9,380
2015 $1,109 $10,350 $2,070 $8,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $795,000 -6.5% --
06/06/2025 06/06/25 Price Changed $850,000 -2.9% --
02/03/2025 02/03/25 For Sale $875,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $585,000 Driggs Title Agency
Warranty Deed $325,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $170,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6814930

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-34-022