$450,000
$275K PRICE DROP

1704 W Colter St Unit 12 Phoenix, AZ 85015

Alhambra Neighborhood

Estimated payment $2,746/month

Total Views 1,677
0.21 Acre
$2,142,857 Price per Acre
9,361 Sq Ft Lot

Highlights

  • Corner Lot
  • Solano School Rated 9+
  • No HOA

About This Lot

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.

Listing Agent

David Prom

N.B. Andrews and Associates License #BR551476000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,729

Year Built

  • 1952

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

Year Built

1952

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
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1952

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
  • ResoLotSizeUnits: Acres

Tax Info

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

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Price Changed $450,000 0.0% --
05/23/2025 05/23/25 For Sale $450,000 -37.9% --
03/20/2025 03/20/25 Off Market $725,000 -- --
02/18/2025 02/18/25 For Sale $725,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity Title
Warranty Deed -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,700 New Conventional
Closed $150,000 Credit Line Revolving
Closed $60,800 Seller Take Back
Closed $45,600 Seller Take Back
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6822441

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-36-032