NOT LISTED FOR SALE

1848 E Jones Ave Unit 111 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $311,000 - $426,000

0.17 Acre
$2,246,888 Price per Acre
7,614 Sq Ft Lot

Last Sold October 31, 2018

Last sale price $37,000

Est. 927% increase in value since last sale

Current estimated payment $2,157/month

5 Days on Market

About This Lot

As of October 2018

Great infill opportunity. Priced for quick sale.

Last Agent to Sell the Property

Timothy Schutt

Wrangler Real Estate License #BR567000000 Listed on: 09/15/2018

Co-Listed By

Richard Schutt

Wrangler Real Estate License #BR108116000

Last Buyer's Agent

Ramiro Gonzalez

Prestige Realty License #BR568659000

Prestige Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $289

Lot Details

  • 7,614 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Progress Place Subdivision

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number 122-32-111

Property Details

Property Type

Land

Est. Annual Taxes

$289

Lot Details

7,614 Sq Ft Lot

Listing Details

  • Cross Street: 20th St/Broadway
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: RES
  • Tax Year: 2017
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: lgry01
  • Co List Office Phone: 480-510-4555
  • Subdivision Name: PROGRESS PLACE
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None, Other (See Rmks)

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: Unknown
  • Lot Size Sq Ft: 7614.0
  • Additional Parcels: No
  • Parcel #: 122-32-111
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 289.0
  • Tax Book Number: 122.00
  • Tax Lot: 111
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2020
Sold by
Genaros Remodel Llc
Bought by
Cruz Adriana and Cruz Andrea
Current Estimated Value
$380,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Outstanding Balance
$217,044
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$164,927

Purchase Details

Listed on
Sep 15, 2018
Closed on
Oct 26, 2018
Sold by
Tax Lien Due Diligence Llc
Bought by
Genaros Remodel Llc
Seller's Agent
Timothy Schutt
Wrangler Real Estate
Buyer's Agent
Ramiro Gonzalez
Prestige Realty
List Price
$40,000
Sold Price
$37,000
Premium/Discount to List
-$3,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.32%

Purchase Details

Listed on
Sep 15, 2018
Closed on
Sep 26, 2018
Sold by
Kingdom Insight Funding Llc
Bought by
Tax Lien Due Diligence Llc
Seller's Agent
Timothy Schutt
Wrangler Real Estate
Buyer's Agent
Ramiro Gonzalez
Prestige Realty
List Price
$40,000
Sold Price
$37,000
Premium/Discount to List
-$3,000
-7.5%

Purchase Details

Closed on
Feb 6, 2007
Sold by
Moore Rosemary
Bought by
Kingdom Insight Funding Llc

Purchase Details

Closed on
Sep 5, 2006
Sold by
Moore Ideal and Moore Larry
Bought by
Moore Rosemary

Purchase Details

Closed on
Aug 20, 2002
Sold by
Moore Ideal
Bought by
Moore Ideal and Moore Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,275
Interest Rate
6.52%
Source: Public Records
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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
Cruz Adriana $250,000 First American Title Ins Co
Genaros Remodel Llc $37,000 Real Advantage Title Insuran
Tax Lien Due Diligence Llc -- None Available
Kingdom Insight Funding Llc -- None Available
Moore Rosemary -- None Available
Moore Ideal -- First Financial Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Adriana $245,471
Previous Owner Moore Ideal $12,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $37,000 -7.5% --
09/20/2018 09/20/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $40,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,406 $15,961 -- --
2024 $2,278 $15,201 -- --
2023 $2,278 $28,810 $5,760 $23,050
2022 $2,232 $21,550 $4,310 $17,240
2021 $2,278 $19,310 $3,860 $15,450
2020 $322 $3,675 $3,675 $0
2019 $311 $2,715 $2,715 $0
2018 $303 $2,535 $2,535 $0
2017 $289 $2,475 $2,475 $0
2016 $275 $2,265 $2,265 $0
2015 $276 $2,448 $2,448 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5820904

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-32-111

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