NOT LISTED FOR SALE

2005 N 22nd St Unit 4 Phoenix, AZ 85006

Estimated Value: $588,000 - $694,000

0.15 Acre
$4,350,007 Price per Acre
6,621 Sq Ft Lot

Last Sold August 31, 2016

Last sale price $74,500

Est. 776% increase in value since last sale

Current estimated payment $3,839/month

7 Days on Market

About This Lot

As of August 2016

Excellent opportunity to build in Central Phoenix location. The Green Gables neighborhood and the 85006 zip code are one of the fastest appreciating areas in Central Phoenix right now. New builds are selling for over 300k! County zoning R-6 and City Zoning R1-6. Easy access to freeways and Downtown Phoenix. Minutes from The Coronado Neighborhood, Phoenix Country Club, Town & Country Shopping Center, Biltmore Fashion Park and Restaurant Row. Buyer to verify any and all facts, figures, measurements, utilities, zoning use, or possible building restrictions.

Last Listed By

Tim Cusick

Homelogic Real Estate License #BR043285000 Listed on: 08/13/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $645

Year Built

  • 2017

Lot Details

  • 6,621 Sq Ft Lot
  • Property is zoned R1-6

Schools

  • Creighton Elementary School
  • Camelback High School

Community Details

  • No Home Owners Association
  • Vel Ru Heights Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 117-09-053

Property Details

Property Type

Land

Est. Annual Taxes

$645

Year Built

2017

Lot Details

0

Listing Details

  • Cross Street: SR 51 & McDowell Rd
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R1-6
  • Tax Year: 2015
  • Directions: E on McDowell, N on 22nd St to property address
  • Lot Size Acres: 0.15
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: hopr001
  • Co List Office Phone: 480-346-4111
  • Subdivision Name: VEL RU HEIGHTS
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2017

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
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 50' x 136.52'
  • Lot Size Sq Ft: 6621.0
  • Additional Parcels: No
  • Parcel #: 117-09-053
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 645.0
  • Tax Book Number: 117.00
  • Tax Lot: 4
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2017
Sold by
Pro Lux Builders Llc
Bought by
Grams Daniel and Johnson Breon
Total Days on Market
7
Current Estimated Value
$652,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2016
Closed on
Sep 20, 2016
Sold by
Denava Maria Teresa Padilla and Nava Francisco A
Bought by
Pro Lux Builders Llc
Seller's Agent
Tim Cusick
Homelogic Real Estate
Buyer's Agent
Hector Flores
Housing Exchange Realty
List Price
$85,000
Sold Price
$74,500
Premium/Discount to List
-$10,500
-12.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.07%
Original Mortgage
$100,000
Interest Rate
3.42%
Mortgage Type
Unknown

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 Buyer Sale Price Title Company
Grams Daniel $410,000 American Title
Pro Lux Builders Llc $74,500 Fidelity Natl Title Agency I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grams Daniel $409,750
Closed Grams Daniel $371,457
Closed Grams Daniel $382,309
Closed Grams Daniel $389,500
Previous Owner Pro Lux Builders Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $74,500 -12.4% --
08/19/2016 08/19/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $85,000 -- --
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 $2,668 $23,230 -- --
2024 $2,637 $22,124 -- --
2023 $2,637 $46,870 $9,370 $37,500
2022 $2,524 $37,360 $7,470 $29,890
2021 $2,619 $33,580 $6,710 $26,870
2020 $2,551 $30,120 $6,020 $24,100
2019 $2,536 $24,760 $4,950 $19,810
2018 $2,481 $6,165 $6,165 $0
2017 $644 $3,855 $3,855 $0
2016 $619 $3,600 $3,600 $0
2015 $645 $3,840 $3,840 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5483506

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-09-053