NOT LISTED FOR SALE

1705 E Griswold Rd Unit 10 Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $683,000 - $793,000

1.11 Acres
$684,157 Price per Acre
48,352 Sq Ft Lot

Last Sold November 01, 2024

Last sale price $775,000

Est. 6% decrease in value since last sale

Current estimated payment $3,936/month

196 Days on Market

Highlights

  • 1.11 Acre Lot
  • Mountain View
  • Level Lot
  • Mercury Mine Elementary School Rated A
  • No HOA
  • East or West Exposure

About This Lot

As of November 2024

R1-6 lot split opportunity. Final plat drawn and staked. Sewer line extension approved. Plat recordation and sewer construction start are pending performance bond and permits. Current owners have placed their improvement funds elsewhere and wish to exit this project as-is. Ready for a buyer to re-file final plat, put up performance bond with the city and begin constructing utilities. Great mountain views, easy SR-51 access, no HOA. ''Peak View Estates'' unrecorded lot 1 (12,211 sq ft), lot 2 (12,524), lot 3 (12,524), lot 4 (11,096). **Seller is willing to get the project shovel-ready for a new buyer for a fee**

Last Agent to Sell the Property

Gene Montemore

Compass License #SA531107000 Listed on: 09/14/2024

Compass

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,200

Lot Details

  • 1.11 Acre Lot
  • East or West Exposure
  • Level Lot
  • Property is zoned R1-6

Property Views

  • Mountain Views

Schools

  • Mercury Mine Elementary School
  • Shea Middle School
  • Shadow Mountain High School

Community Details

  • No Home Owners Association
  • Dreamy Draw Tract Lots 1 8 & Pts 10 & 11 Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 165-21-005-A

Property Details

Property Type

Land

Est. Annual Taxes

$1,200

Lot Details

0

Listing Details

  • Cross Street: 16th St / Northern
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Subdivision Plat Apv, Plans Available, Plans Included, Off Site Imp Needed, On Site Imp Needed, Prelim Eng Included
  • Topography: Level
  • Zoning: R1-6
  • Tax Year: 2023
  • Lot Size Acres: 1.11
  • Road Surface Type: Asphalt
  • Subdivision Name: DREAMY DRAW TRACT LOTS 1 - 8 & PTS 10 & 11
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: None
  • Lot Features: East/West Exposure, Dual Street Ftg, Mountain View(s)
  • Disclosures: Seller Prop Disc Stm, ALTA Survey Alba, Development Pln Aval
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mercury Mine Elementary School
  • High School: Shadow Mountain High School
  • Junior High Dist: Paradise Valley Unified District
  • Middle Or Junior School: Shea Middle School

Lot Info

  • Lot Size: 525 x 177
  • Lot Size Sq Ft: 48365.0
  • Additional Parcels: No
  • Parcel #: 165-21-005-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1200.0
  • Tax Book Number: 165.00
  • Tax Lot: 10
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2024
Closed on
Oct 24, 2024
Sold by
Red Rock Partners Group Llc and Redrock Partners Group Llc
Bought by
Sawyer Grace Llc
Seller's Agent
Gene Montemore
Compass
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$895,000
Sold Price
$775,000
Premium/Discount to List
-$120,000
-13.41%
Views
1
Current Estimated Value
$728,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,795
Avg. Annual Appreciation
-1.78%
Original Mortgage
$525,000
Outstanding Balance
$519,744
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$239,670

Purchase Details

Closed on
Sep 3, 2021
Sold by
Krohmer Michael E and Casanova Krohmer Elena
Bought by
Red Rock Partners Group Llc

Purchase Details

Closed on
Feb 3, 2021
Sold by
Krohmer Michael E and Casanova Krohmer Elena
Bought by
Krohmer Michael E and Casanova Krohmer Elena

Purchase Details

Closed on
Aug 26, 2020
Sold by
Howard Susan Alayne and Casanova Krohmer Howard Trust
Bought by
Krohmer Michael E and Casanova Krohmer Elena
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sawyer Grace Llc $775,000 Grand Canyon Title
Red Rock Partners Group Llc $691,000 Greystone Title Agency Llc
Krohmer Michael E -- None Available
Krohmer Michael E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sawyer Grace Llc $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $775,000 -13.4% --
09/17/2024 09/17/24 Pending -- -- --
09/14/2024 09/14/24 For Sale $895,000 0.0% --
09/11/2024 09/11/24 Price Changed $895,000 0.0% --
05/15/2024 05/15/24 Pending -- -- --
04/10/2024 04/10/24 Price Changed $895,000 -5.8% --
03/04/2024 03/04/24 For Sale $950,000 -- --
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 $1,258 $12,314 -- --
2024 $1,200 $11,728 -- --
2023 $1,200 $36,610 $7,320 $29,290
2022 $1,188 $28,450 $5,690 $22,760
2021 $1,192 $25,350 $5,070 $20,280
2020 $1,155 $24,800 $4,960 $19,840
2019 $1,156 $21,230 $4,240 $16,990
2018 $1,118 $18,430 $3,680 $14,750
2017 $1,072 $15,000 $3,000 $12,000
2016 $1,054 $13,030 $2,600 $10,430
2015 $976 $13,120 $2,620 $10,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6672218

Arizona Regional Multiple Listing Service (ARMLS)

APN: 165-21-005A