$73,000
SOLD DEC 3, 2020
0.17 Acre
$429,412 Price per Acre
7,495 Sq Ft Lot

Recently Sold

35% Below List Price

112 Days on Market

About This Lot

As of November 2021

*Investor/Builder Opportunity* Sewer, Electric, Water, and Gas established. Build a duplex 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. Just Watch your Value Increase! Current Market Rents in the area 1 bedroom= $900.00 a month, 2 bedrooms = $1,000.00-$1,200.00 a month, 3 bedrooms = $1,600.00-$1,800.00

Last Agent to Sell the Property

Michele Tyler

DeLex Realty License #SA687088000 Listed on: 06/04/2020

DeLex Realty

Last Buyer's Agent

Stephen Thompson

Seven Commercial License #BR586585000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $416

Lot Details

  • 7,495 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

$416

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: 2019
  • Directions: E Hetcher Rd to N 15th St to E Carol Ave.
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Surface Type: Dedicated Street, Sidewalk(s)
  • Subdivision Name: IDLE EASE ANNEX
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Chain Link
  • Disclosures: Seller Prop Disc Stm
  • 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 135
  • Lot Size Sq Ft: 7495.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 158-21-021
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 416.0
  • 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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $105,000 Pioneer Title Agency Inc
Warranty Deed $73,000 Old Republic Title Agency
Warranty Deed -- None Available
Foreclosure Deed $49,100 Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $94,500 Commercial
Previous Owner $595,000 Commercial
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: 6086444

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-21-021