NOT LISTED FOR SALE

1633 E Illini St Unit 23 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $403,000 - $450,000

0.14 Acre
$3,043,750 Price per Acre
6,107 Sq Ft Lot

Last Sold March 30, 2018

Last sale price $38,000

Est. 1,013% increase in value since last sale

Current estimated payment $2,385/month

5 Days on Market

About This Lot

As of March 2018

LOOKING FOR INFILL BUILDING OPPORTUNITY. SOUTH PHOENIX HAS HAD A RESURGENCE OF INFILL BUILDING. LOOK AROUND THIS NEIGHBORHOOD AND SEE A NUMBER OF NEWER BUILT HOMES AND IMAGINE THE POSSIBLILITIES. SMALL HOME BUILDERS, OWNER BUILDERS AND INVESTORS TAKE NOTE, THIS IS AN OPPORTUNITY NOT TO BE MISSED.

Last Agent to Sell the Property

Howard Rudin

West USA Realty License #SA527947000 Listed on: 02/15/2018

West USA Realty

Last Buyer's Agent

Winston Tease Jr

eXp Realty License #SA628756000

eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $243

Lot Details

  • 6,107 Sq Ft Lot
  • Property is zoned R-3

Community Details

  • No Home Owners Association
  • Overall Place Blks 2, 6, 7 Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 122-30-118

Property Details

Property Type

Land

Est. Annual Taxes

$243

Lot Details

0

Listing Details

  • Cross Street: BROADWAY AND 16TH STREET
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-3
  • Tax Year: 2017
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: OVERALL PLACE BLKS 2, 6, 7
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 100.7 X 62.89
  • Lot Size Sq Ft: 6107.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 122-30-118
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 243.0
  • Tax Book Number: 122.00
  • Tax Lot: 23
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2018
Sold by
Grime Hodge Development Llc
Bought by
Lee Bey Edna Marie
Current Estimated Value
$422,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Outstanding Balance
$170,906
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$255,219

Purchase Details

Listed on
Feb 15, 2018
Closed on
Mar 6, 2018
Sold by
1633 E Illini Street Llc
Bought by
Grime Hodge Development Llc
Seller's Agent
Howard Rudin
West USA Realty
Buyer's Agent
Winston Tease Jr
eXp Realty
List Price
$38,000
Sold Price
$38,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.33%
Original Mortgage
$125,000
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 26, 2006
Sold by
Nyaz Properties Llc
Bought by
1633 E Illini Street Llc

Purchase Details

Closed on
May 26, 2006
Sold by
Tejada Paul M
Bought by
Nyaz Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Lee Bey Edna Marie $242,000 Magnus Title Agency Llc
Grime Hodge Development Llc $38,000 Magnus Title Agency Llc
1633 E Illini Street Llc $60,000 Grand Canyon Title Agency In
Nyaz Properties Llc $40,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Bey Edna Marie $193,600
Previous Owner Grime Hodge Development Llc $125,000
Previous Owner Nyaz Properties Llc $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $38,000 0.0% --
02/20/2018 02/20/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $38,000 -- --
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 $2,086 $15,429 -- --
2024 $1,970 $14,694 -- --
2023 $1,970 $28,500 $5,700 $22,800
2022 $1,929 $21,520 $4,300 $17,220
2021 $1,990 $18,930 $3,780 $15,150
2020 $1,965 $17,270 $3,450 $13,820
2019 $262 $2,265 $2,265 $0
2018 $255 $2,115 $2,115 $0
2017 $243 $2,085 $2,085 $0
2016 $231 $1,905 $1,905 $0
2015 $232 $2,112 $2,112 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5723654

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-30-118