NOT LISTED FOR SALE

Estimated Value: $2,095,000 - $2,812,000

0.52 Acre
$4,622,465 Price per Acre
22,844 Sq Ft Lot

Sale Details

Date Sold: July 31, 2019

Last sale price $363,000

Est. 562% increase in value since last sale

Current estimated payment $13,427 / mo

125 Days on Market

Highlights

  • 0.52 Acre Lot
  • Mountain View
  • 5-minute walk to Sumida Park
  • Madison Heights Elementary School Rated A-
  • No HOA

About This Lot

As of July 2019

Perfect opportunity to build dream, custom home on half acre lot! Located in a well established neighborhood with lots of in-fill and other very well done houses, this is a lot not to be missed. Zoned for a residential home, bring your builder by and see the amazing potential this property has. Located in highly rated Madison School District and minutes away from the 51 and shopping and restaurants, including Rokerij, Luci's, and much, much more.

Last Agent to Sell the Property

Chris Morrison

Compass License #BR529508000 Listed on: 05/18/2019

Co-Listed By

Chrissy Heller

Compass License #SA648353000

Last Buyer's Agent

David Newcombe

Compass License #BR549281000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,463

Lot Details

  • 22,844 Sq Ft Lot
  • Property is zoned R-10

Property Views

  • Mountain Views

Schools

  • Madison Heights Elementary School
  • Madison #1 Middle School
  • Camelback High School

Community Details

  • No Home Owners Association
  • Desierto Sierra Lots 1 4 Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 164-26-023-D

Property Details

Property Type

Land

Est. Annual Taxes

$2,463

Lot Details

0.52 Acres

Listing Details

  • Cross Street: 16th St. and Myrtle
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-10
  • Tax Year: 2018
  • Horses: No
  • Lot Size Acres: 0.52
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: DESIERTO SIERRA LOTS 1-4
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Mountain View(s)
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Madison Heights Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Lot Size: unknown
  • Lot Size Sq Ft: 22844.0
  • Additional Parcels: No
  • Parcel #: 164-26-023-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2463.0
  • Tax Book Number: 164.00
  • Tax Lot: 20
  • Tax Map Number: 26.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Bought by
Current Estimated Value
$2,403,682

Purchase Details

Closed on
Mar 30, 2021
Sold by
Bought by

Purchase Details

Listed on
May 18, 2019
Closed on
Jul 25, 2019
Sold by
Bought by
Seller's Agent
Chris Morrison
Compass
Buyer's Agent
David Newcombe
Compass
List Price
$370,000
Sold Price
$363,000
Premium/Discount to List
-$7,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.95%
Original Mortgage
$680,291
Interest Rate
0.0382%
Mortgage Type
Construction
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,625,000 None Listed On Document
$405,000 Fidelity Natl Ttl Agcy Inc
$363,000 Landmark Ttl Assurance Agcy
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $3,000,000
Previous Owner $680,291
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $363,000 -1.9% --
06/06/2019 06/06/19 Pending -- -- --
05/18/2019 05/18/19 For Sale $370,000 0.0% --
05/13/2019 05/13/19 Price Changed $370,000 0.0% --
04/11/2019 04/11/19 For Sale $370,000 0.0% --
04/11/2019 04/11/19 Price Changed $370,000 0.0% --
02/25/2019 02/25/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $370,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,753 $22,168 $22,168
2024 $2,680 $21,112 $21,112
2023 $2,680 $46,215 $46,215 $0
2022 $2,600 $44,640 $44,640 $0
2021 $2,622 $53,775 $53,775 $0
2020 $2,581 $64,635 $64,635 $0
2019 $2,524 $41,400 $41,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5876951

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-26-023D

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