$445,000
SOLD JUL 31, 2025

1704 W Colter St Unit 12 Phoenix, AZ 85015

Alhambra Neighborhood
0.21 Acre
$2,119,048 Price per Acre
9,361 Sq Ft Lot

Recently Sold

1% Below List Price

4 Days on Market

Highlights

  • Corner Lot
  • Phoenix Coding Academy Rated A
  • No HOA

About This Lot

As of July 2025

Prime Redevelopment Opportunity - Two-Parcel Lot in a High-Growth Area for Developers and investors, take note! This rare two-parcel lot presents an exceptional opportunity for redevelopment in a thriving neighborhood. Currently featuring an existing home with Garage, the property is ideally suited for a multi-family development, maximizing its full potential in an area experiencing strong demand for affordable housing. With the ever-increasing demand for housing and the flexibility of a two-parcel configuration, this property offers a fantastic opportunity for redevelopment. Whether you're looking to build a townhome, duplexes, or a small-size apartment complex, the possibilities are obtainable. Don't miss out on this prime investment opportunity— site visit today.

Last Agent to Sell the Property

David Prom

N.B. Andrews and Associates License #BR551476000 Listed on: 05/23/2025

Last Buyer's Agent

Jacques-Henri Munro

Munro Realty International License #BR036026000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,729

Lot Details

  • 9,361 Sq Ft Lot
  • Corner Lot
  • Additional Parcels
  • Property is zoned r-3

Eco-Friendly Details

  • North or South Exposure

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 156-36-032

Property Details

Property Type

Land

Est. Annual Taxes

$2,729

Lot Details

0

Listing Details

  • Cross Street: 17th Ave. and Colter Street
  • Property Type: Land
  • Development Status: Other
  • Zoning: r-3
  • Tax Year: 2024
  • Lot Size Acres: 0.21
  • Road Surface Type: Asphalt
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Lot Features: Corner Lot, North/South Exp
  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 73x126
  • Lot Size Sq Ft: 9361.0
  • Number Of Lots: 1
  • Additional Parcels: Yes
  • Parcel #: 156-36-032

Tax Info

  • Tax Annual Amount: 2729.0
  • Tax Book Number: 156.00
  • Tax Lot: 12
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Jul 23, 2025
Sold by
Ratliff Frances
Bought by
Adls Incorporated
Seller's Agent
David Prom
N.B. Andrews and Associates
Buyer's Agent
Jacques-Henri Munro
Munro Realty International
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.37%
Original Mortgage
$255,000
Outstanding Balance
$254,565
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$204,030

Purchase Details

Closed on
Jun 27, 1996
Sold by
Department Of Transportation
Bought by
Ratliff Kenneth and Ratliff Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
8.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 30, 1996
Sold by
Department Of Transportation
Bought by
Bonanza Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
8.03%
Mortgage Type
Seller Take Back
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 $445,000 Pioneer Title Agency
Warranty Deed -- Fidelity Title
Warranty Deed -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 New Conventional
Previous Owner $60,800 Seller Take Back
Previous Owner $45,600 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Sold $445,000 -1.1% --
05/27/2025 05/27/25 Pending -- -- --
05/23/2025 05/23/25 Price Changed $450,000 0.0% --
05/23/2025 05/23/25 For Sale $450,000 +1.1% --
03/20/2025 03/20/25 Off Market $445,000 -- --
02/18/2025 02/18/25 For Sale $725,000 -- --
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 $2,729 $24,737 -- --
2024 $2,627 $23,559 -- --
2023 $2,627 $31,760 $3,550 $28,210
2022 $2,616 $30,200 $3,380 $26,820
2021 $2,693 $29,250 $3,270 $25,980
2020 $2,620 $27,590 $3,080 $24,510
2019 $2,498 $22,780 $2,550 $20,230
2018 $2,408 $22,030 $2,460 $19,570
2017 $2,190 $22,030 $2,460 $19,570
2016 $1,164 $16,500 $1,840 $14,660
2015 $1,085 $14,010 $1,560 $12,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6822441

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-36-032