$50,000
SOLD JUN 19, 2018
0.27 Acre
$185,185 Price per Acre
11,761 Sq Ft Lot

Recently Sold

16% Below List Price

29 Days on Market

Highlights

  • No HOA
  • The Creighton Academy Rated 9+
  • Level Lot

About This Lot

As of June 2018

BUILD A 4-PLEX LOCATED IN THE HEART OF PHOENIX NEAR 24TH STREET AND McDOWELL RD. This lot is 11,772 SQ FT and zoned multifamily medium density R3. Check out the drafted site plan in pics, which shows design of FOUR 2story units! Great investment opportunity for someone wanting to build multiple homes on this lot. The lot is accessible by both 26th PL and the private side street to the south. Two driveways provide the owner more accessibility to the future homes. This will make a great investment as a 4-plex or home with casita, or a long-term hold investment. PRICED TO SELL! !

Last Agent to Sell the Property

Michael Penrod

My Home Group Real Estate License #SA652643000 Listed on: 05/10/2018

My Home Group Real Estate

Last Buyer's Agent

Michael Penrod

My Home Group Real Estate License #SA652643000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $956

Lot Details

  • 0.27 Acre Lot
  • Level Lot
  • Property is zoned MultiFamily

Schools

  • Creighton Elementary School
  • Camelback High School

Community Details

  • No Home Owners Association
  • Sunset Acres Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 120-29-043-A

Property Details

Property Type

Land

Est. Annual Taxes

$956

Lot Details

0

Listing Details

  • Cross Street: Indian School and 26th Place
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: MultiFamily
  • Tax Year: 2017
  • Directions: From E. McDowell Rd proceed north onto 26th Place. Property is on the west side of street.
  • Lot Size Acres: 0.27
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: SUNSET ACRES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 89.18 LF x 132 LF
  • Lot Size Sq Ft: 11772.0
  • Additional Parcels: No
  • Parcel #: 120-29-043-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 956.0
  • Tax Book Number: 120.00
  • Tax Lot: 26
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 15, 2018
Sold by
Win Builders Llc
Bought by
Troska Heinz
Seller's Agent
Michael Penrod
My Home Group Real Estate
Buyer's Agent
Michael Penrod
My Home Group Real Estate
List Price
$59,500
Sold Price
$50,000
Premium/Discount to List
-$9,500
-15.97%
Current Estimated Value
$296,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,436
Avg. Annual Appreciation
29.55%

Purchase Details

Closed on
Apr 28, 2017
Sold by
Fox Remodelling Llc
Bought by
Carjon Capital Llc

Purchase Details

Listed on
May 3, 2016
Closed on
Sep 14, 2016
Sold by
Real Estate Ira 2 Llc
Bought by
Fox Remodeling Llc
Seller's Agent
Marcy Murphy
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Danielle LaFata
American Realty Brokers
List Price
$59,000
Sold Price
$61,500
Premium/Discount to List
$2,500
4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.25%
Original Mortgage
$151,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2012
Sold by
Real Estate Ira 2 Llc
Bought by
Real Estate Ira 2 Llc
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 $50,000 Great American Title Agency
Warranty Deed $38,000 Great American Title Agency
Deed In Lieu Of Foreclosure -- First American Title Insuran
Warranty Deed $61,500 First American Title Ins Co
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $151,000 Commercial
Previous Owner $50,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2018 06/19/18 Sold $50,000 -12.3% --
06/08/2018 06/08/18 Pending -- -- --
05/31/2018 05/31/18 Price Changed $57,000 -0.9% --
05/17/2018 05/17/18 Price Changed $57,500 -3.4% --
05/10/2018 05/10/18 For Sale $59,500 -3.3% --
09/16/2016 09/16/16 Sold $61,500 +4.2% --
05/09/2016 05/09/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $59,000 -- --
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 $1,078 $8,289 $8,289 --
2024 $1,065 $7,894 $7,894 --
2023 $1,065 $9,960 $9,960 $0
2022 $1,023 $8,310 $8,310 $0
2021 $1,048 $7,155 $7,155 $0
2020 $1,023 $6,825 $6,825 $0
2019 $1,016 $7,830 $7,830 $0
2018 $995 $9,705 $9,705 $0
2017 $956 $5,610 $5,610 $0
2016 $1,074 $6,240 $6,240 $0
2015 $1,226 $7,296 $7,296 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5764296

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-29-043A