NOT LISTED FOR SALE

Estimated Value: $287,087 - $595,000

0.44 Acre
$1,002,373 Price per Acre
19,166 Sq Ft Lot

Last Sold December 10, 2014

Last sale price $64,000

Est. 589% increase in value since last sale

Current estimated payment $2,713/month

17 Days on Market

About This Lot

As of December 2014

Wow seller is motivated Bring your Offes now! You can build 10 units of multi family! Prime Location in Central Phoenix. Property is located just north of 32nd St and McDowell and has easy access to the freeway. Property is zoned R-4 Multifamily and is ready for your development project. Property has all utilities on site for an easy build. Come take a look today!

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000 Listed on: 10/20/2014

Co-Listed By

Paul Baron

West USA Realty License #SA652247000

Last Buyer's Agent

Giovanna Sommacampagna

Somma Realty, Inc License #BR635675000

Property Details

Property Type

  • Land

Year Built

  • 1939

Lot Details

  • 0.44 Acre Lot
  • Block Wall Fence
  • Property is zoned R-4

Community Details

  • No Home Owners Association
  • To Be Provided In Escrow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 120-20-044

Property Details

Property Type

Land

Year Built

1939

Lot Details

0

Listing Details

  • Cross Street: 32nd St and McDowell
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-4
  • Tax Year: 2013
  • Directions: From 32nd St and McDowell, go north 3 lots. Property is on the west side of the 32nd St.
  • Lot Size Acres: 0.44
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: To be Provided in Escrow
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1939

Interior Features

  • Possible Use: Single Family, Multi-Family, Commercial

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 305 x 63
  • Lot Size Sq Ft: 19166.0
  • Additional Parcels: No
  • Parcel #: 120-20-044
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3883.0
  • Tax Book Number: 120.00
  • Tax Lot: 0
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2018
Sold by
Cima Construction Llc
Bought by
Three Strands Llc
Total Days on Market
17
Current Estimated Value
$441,044

Purchase Details

Listed on
Oct 20, 2014
Closed on
Dec 17, 2014
Sold by
Emma Investment Properties Llc
Bought by
Cima Holdings Llc
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Giovanna Sommacampagna
Somma Realty, Inc
List Price
$79,900
Sold Price
$64,000
Premium/Discount to List
-$15,900
-19.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.27%

Purchase Details

Closed on
Nov 27, 2013
Sold by
Foresight Group Llc
Bought by
Emma Investment Properties Llc

Purchase Details

Closed on
Jul 15, 2013
Sold by
Fabrizio Robert and Fabrizio Cristal
Bought by
Foresight Group Llc

Purchase Details

Closed on
Feb 7, 2013
Sold by
West John and Lavorgna Charles
Bought by
Fabrizio Robert

Purchase Details

Closed on
Nov 10, 2005
Sold by
Riccomini Rich
Bought by
West John and Lavorgna Charles

Purchase Details

Closed on
Nov 30, 2004
Sold by
Garland Scott
Bought by
Paying Cash For Houses Com Llc

Purchase Details

Closed on
Nov 20, 2003
Sold by
Reisman Murray
Bought by
Paying Cash For Housescom Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.04%
Mortgage Type
Seller Take Back
Source: Public Records

Similar Properties in the area

  • 2950 E Granada Rd, Phoenix, AZ 85008

    $375,000

    • Land
    • 0.35 Acre
    • $1,071,429 per Acre
    • 2950 E Granada Rd
    • Phoenix, AZ

    Exciting opportunity for developers. Vacant land, ready to be built on. This rare offering is zoned R-3 for multi-family development, presenting significant potential for various construction projects. All utilities located at the street. The lot measures 110 ft in width by 136 ft in depth and offers the additional possibility of being divided into two separate parcels.

    Matt Huff Russ Lyon Sotheby's International Realty

    Section Image
  • 2210 E Sheridan St Unit 16, Phoenix, AZ 85006

    $425,000

    • Land
    • 0.31 Acre
    • $1,370,968 per Acre
    • 2210 E Sheridan St
    • Unit 16
    • Phoenix, AZ

    Endless Possibilities in Central Phoenix!A rare opportunity to own an in-fill double lot. Capable of being split after infrastructure is installed. Build your dream home, or explore development potential! These parcels (to be split) may qualify for a zoning variance allowing up to four units, ideal for those interested in multi-family or affordable housing. With the City of Phoenix actively

    Bunny Hodas Realty ONE Group

    Section Image
  • 1550-1560 E Coronado Rd, Phoenix, AZ 85006

    $475,000

    • Land
    • 0.31 Acre
    • $1,532,258 per Acre
    • 1550-1560 E Coronado Rd
    • Phoenix, AZ

    Exceptional opportunity to aquire multi-family zoned R-5 land in a prime Phoenix location. No HOA. Close to downtown, major highways, hospitals. TWO ADJACENT PARCELS offered for sale. 1550 East Coronado and 1560 East Coronado totaling around 13,224 square feet. Current zoning will allow for up 23 multifamily units to be built between the two parcels. City services, water, sewer and trash at

    Dacia Parsons DPR Realty LLC

    Section Image
  • 1239 S 16th Ave, Phoenix, AZ 85007

    $550,000

    • Land
    • 0.49 Acre
    • $1,122,449 per Acre
    • 1239 S 16th Ave
    • Phoenix, AZ

    EXCELLENT ***''OPPORTUNITY ZONE'' *** Development opportunity on this .49AC corner lot. Only approximately 2.5 miles to Downtown and Central Phoenix areas with easy freeway access to Sky Harbor Airport. Ideal location offers many attractive uses for this lot to include but not limited to office, retail, restaurant, hospitality, medical, storage, light manufacturing, industrial....whatever your

    Maria Juvera Tierra Antigua Realty, LLC

    Section Image
  • 3121 N Black Canyon Hwy Unit C, Phoenix, AZ 85015

    $530,000

    • Land
    • 0.47 Acre
    • $1,127,660 per Acre
    • 3121 N Black Canyon Hwy
    • Unit C
    • Phoenix, AZ

    Prime I-17 Frontage Lot - Ready for Development!Incredible value with 90 feet of I-17 frontage, this R-5 zoned lot is an excellent opportunity for a multi-family development. The property features dual access from the back alley and has all utilities—water, sewer, and electric—at the lot line.We have the City of Phoenix Approved for Permit building plans and a recent appraisal for your review.

    Gianna Kioa Real Broker

    Section Image
  • 4208 E Baseline Rd Unit 5, Phoenix, AZ 85042

    $450,000

    • Land
    • 0.49 Acre
    • $918,367 per Acre
    • 4208 E Baseline Rd
    • Unit 5
    • Phoenix, AZ

    Incredible Investment Opportunity with 225 feet of Frontage to Baseline Road. Prime location with high traffic and visibility. Zoned C2 and is perfect for many types of businesses. Amazing mountain views and close to Tempe and Downtown Phoenix. Three parcels are included with the sale totaling a bit under .5 acre. Utilities on the lot already.

    Yanet Alvarado HomeSmart

    Section Image
  • 8740 N 35th Ave Unit 95, Phoenix, AZ 85051

    $350,000

    • Land
    • 0.38 Acre
    • $921,053 per Acre
    • 8740 N 35th Ave
    • Unit 95
    • Phoenix, AZ

    This vacant parcel of land is well located in a residential area of North Phoenix. Close to infrastructure with easy proximity to transportation and major arterial route access.The parcels are zoned R-5 and allow for up to a 16 unit development. The property is conveniently located near the 60 and I-17 Freeways, providing direct access to key thoroughfares connecting to all major employment and

    Stephen Thompson Seven Commercial

    Section Image
  • 18055 N 14th Place Unit 90, Phoenix, AZ 85022

    $385,000

    • Land
    • 0.45 Acre
    • $855,556 per Acre
    • 18055 N 14th Place
    • Unit 90
    • Phoenix, AZ

    Stunning home site in a prestigious gated community, located in the highly south-after area of Phoenix. Offering desirable north/south exposure, this lot provides breathtaking views of the city skyline and the surrounding mountains. This is a rare opportunity to custom build your dream home on a wonderful lot, surrounded by luxury custom-built residences. Don't miss the chance to create the

    Mercedes ArenadoMelian Coldwell Banker Realty

    Section Image
  • 3906 W Bowen Ave Unit 20, Glendale, AZ 85308

    $395,000

    • Land
    • 0.46 Acre
    • $858,696 per Acre
    • 3906 W Bowen Ave
    • Unit 20
    • Glendale, AZ

    CUSTOM HOME LOT SURROUNDED BY MILLION DOLLAR + HOMES READY FOR CONSTRUCTIONNEAR THE 101 FOR EASY ACCESS AROUND THE VALLEY.

    Tom Traw West USA Realty

    Section Image

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

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
Three Strands Llc $170,000 Chicago Title Agency Inc
Cima Holdings Llc $64,000 Chicago Title Agency Inc
Emma Investment Properties Llc $17,100 None Available
Foresight Group Llc -- None Available
Fabrizio Robert -- None Available
West John $430,000 Chicago Title Insurance Co
Riccomini Rich $130,000 Chicago Title Insurance Co
Paying Cash For Houses Com Llc -- --
Paying Cash For Housescom Llc $90,000 Ticor Title Agency Of Az Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paying Cash For Housescom Llc $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2014 12/10/14 Sold $64,000 -19.9% --
11/05/2014 11/05/14 Pending -- -- --
10/19/2014 10/19/14 For Sale $79,900 -- --
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 $2,944 $22,643 $22,643 --
2024 $2,910 $21,565 $21,565 --
2023 $2,910 $32,040 $32,040 $0
2022 $2,796 $19,560 $19,560 $0
2021 $3,007 $19,560 $19,560 $0
2020 $3,448 $27,615 $27,615 $0
2019 $3,424 $25,515 $25,515 $0
2018 $3,354 $21,210 $21,210 $0
2017 $3,224 $18,915 $18,915 $0
2016 $3,525 $22,815 $22,815 $0
2015 $3,498 $20,816 $20,816 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5188050

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-20-044