NOT LISTED FOR SALE

Estimated Value: $117,000 - $462,000

0.17 Acre
$1,960,782 Price per Acre
7,620 Sq Ft Lot

Last Sold November 10, 2021

Last sale price $105,000

Est. 217% increase in value since last sale

Current estimated payment $1,798/month

42 Days on Market

About This Lot

As of November 2021

Investor/Builder Opportunity Sewer, Electric, Water, and Gas established. Build a duplex/4 Plex and generate secured income for years to come! Capitalize on New Residents moving to Arizona Looking to Rent. There is No Shortage of Renters. Close to Shopping, Parks, and Schools. Rare Opportunity to Find a Lot Zoned for Multi-Family at this price in the Heart of Phoenix! The area is being revitalized.

Last Agent to Sell the Property

Stephen Thompson

REI Marketing License #BR586585000 Listed on: 09/17/2021

Last Buyer's Agent

Luke Basler

Realty ONE Group License #SA663350000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $342

Lot Details

  • 7,620 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned M-H] MULTI-FAMI

Community Details

  • No Home Owners Association
  • Idle Ease Annex Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 158-21-021

Property Details

Property Type

Land

Est. Annual Taxes

$342

Lot Details

0

Listing Details

  • Cross Street: N 15th St and E Carol Ave.
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: M-H] MULTI-FAMI
  • Tax Year: 2021
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Surface Type: Dedicated Street, Sidewalk(s)
  • Subdivision Name: IDLE EASE ANNEX
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 60 x 130
  • Lot Size Sq Ft: 7620.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 158-21-021
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 342.0
  • Tax Book Number: 158.00
  • Tax Lot: 20
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2023
Sold by
Caam House Llc
Bought by
Tempe Carol Holdings Llc
Current Estimated Value
$333,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$491,016
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$35,984

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 8, 2021
Sold by
Offer And Close Llc
Bought by
Caam House Llc
Seller's Agent
Stephen Thompson
REI Marketing
Buyer's Agent
Luke Basler
Realty ONE Group
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.56%
Original Mortgage
$94,500
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 4, 2020
Closed on
Oct 22, 2020
Sold by
Syp Holdings Llc
Bought by
Offer And Close Llc
Seller's Agent
Michele Tyler
DeLex Realty
Buyer's Agent
Stephen Thompson
Seven Commercial
List Price
$112,500
Sold Price
$73,000
Premium/Discount to List
-$39,500
-35.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.21%
Original Mortgage
$595,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2019
Sold by
Svp Holdings Llc
Bought by
Sasani Mohsen Max

Purchase Details

Closed on
Nov 27, 2018
Sold by
Foster Alberta M
Bought by
Syp Holdings Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tempe Carol Holdings Llc -- --
Caam House Llc $105,000 Pioneer Title Agency Inc
Offer And Close Llc $73,000 Old Republic Title Agency
Sasani Mohsen Max -- None Available
Syp Holdings Llc $49,100 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tempe Carol Holdings Llc $500,000
Previous Owner Caam House Llc $94,500
Previous Owner Offer And Close Llc $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $105,000 0.0% --
09/17/2021 09/17/21 For Sale $105,000 +43.8% --
12/03/2020 12/03/20 Sold $73,000 -7.0% --
10/22/2020 10/22/20 Price Changed $78,500 0.0% --
09/22/2020 09/22/20 Pending -- -- --
09/21/2020 09/21/20 Pending -- -- --
09/20/2020 09/20/20 Price Changed $78,500 +6.8% --
09/15/2020 09/15/20 Price Changed $73,500 -18.2% --
08/11/2020 08/11/20 Price Changed $89,900 -10.1% --
06/23/2020 06/23/20 Price Changed $100,000 -8.3% --
06/15/2020 06/15/20 Price Changed $109,000 -3.1% --
06/02/2020 06/02/20 For Sale $112,500 -- --
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 $356 $2,910 $2,910 --
2024 $349 $2,771 $2,771 --
2023 $349 $13,470 $13,470 $0
2022 $338 $6,705 $6,705 $0
2021 $342 $4,200 $4,200 $0
2020 $480 $10,250 $2,050 $8,200
2019 $416 $8,680 $1,730 $6,950
2018 $404 $6,720 $1,340 $5,380
2017 $403 $5,870 $1,170 $4,700
2016 $300 $4,050 $810 $3,240
2015 $280 $4,050 $810 $3,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6295158

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-21-021