NOT LISTED FOR SALE

2041 E Yale St Unit 2 Phoenix, AZ 85006

Estimated Value: $574,000 - $705,000

0.16 Acre
$4,091,369 Price per Acre
7,000 Sq Ft Lot

Last Sold November 24, 2017

Last sale price $75,000

Est. 773% increase in value since last sale

Current estimated payment $3,901/month

48 Days on Market

Highlights

  • Corner Lot
  • Phoenix Coding Academy Rated A
  • No HOA

About This Lot

As of November 2017

Previous home was removed approximately 20 years ago. The lot is level with no foundation remaining.

Located within the desirable Green Gables neighborhood, this lot is begging to be redeveloped. Zoned R-3, the possible potential is incredible. A small triplex or duplex would easily fit in this space.

Listing agent has begun speaking with the city regarding combining lots for a small multiplex development.

Last Listed By

Rebecca Nystrom

Nystrom Realty License #BR547074000 Listed on: 09/22/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $648

Year Built

  • 2018

Lot Details

  • 7,000 Sq Ft Lot
  • Chain Link Fence
  • Corner Lot
  • Additional Parcels
  • Property is zoned R-3

Eco-Friendly Details

  • North or South Exposure

Schools

  • William T Machan Elementary School
  • North High School

Community Details

  • No Home Owners Association
  • Avalon Annex Blks 9, 10 Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 117-07-113

Property Details

Property Type

Land

Est. Annual Taxes

$648

Year Built

2018

Lot Details

0

Listing Details

  • Cross Street: 21st St & Thomas
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-3
  • Tax Year: 2016
  • Directions: South to Yale, West to property.
  • Lot Size Acres: 0.16
  • Road Surface Type: Asphalt
  • Subdivision Name: AVALON ANNEX BLKS 9, 10
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Corner Lot, North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: William T Machan Elementary School
  • High School: North High School
  • Middle Or Junior School: William T Machan Elementary School

Lot Info

  • Lot Size: 50X140
  • Lot Size Sq Ft: 7000.0
  • Additional Parcels: Yes
  • Parcel #: 117-07-113
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 648.0
  • Tax Book Number: 117.00
  • Tax Lot: 2
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2019
Sold by
Cubeco Llc
Bought by
Donnelly Matthew T
Total Days on Market
48
Current Estimated Value
$654,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2017
Closed on
Nov 14, 2017
Sold by
Louise O Dowd Peter James and Dowd Mary Louise O
Bought by
Cubeco Llc
Seller's Agent
Rebecca Nystrom
Nystrom Realty
Buyer's Agent
Roxanne Sanchez
HomeSmart Realty
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.93%

Range of Values:

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Average Value
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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
Donnelly Matthew T $345,000 Lawyers Title Of Arizona Inc
Cubeco Llc $75,000 American Title Service Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnelly Matthew T $328,242
Closed Donnelly Matthew T $327,750
Previous Owner Cubeco Llc $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2017 11/24/17 Sold $75,000 -6.1% --
11/08/2017 11/08/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $79,900 -- --
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 $2,844 $24,768 -- --
2024 $2,811 $23,589 -- --
2023 $2,811 $50,470 $10,090 $40,380
2022 $2,691 $41,020 $8,200 $32,820
2021 $2,792 $38,660 $7,730 $30,930
2020 $2,720 $32,930 $6,580 $26,350
2019 $3,035 $25,670 $5,130 $20,540
2018 $701 $6,450 $6,450 $0
2017 $674 $4,020 $4,020 $0
2016 $648 $3,765 $3,765 $0
2015 $675 $4,016 $4,016 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5663584

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-07-113