NOT LISTED FOR SALE

205 W Sherman St Unit 21 Phoenix, AZ 85003

Central City Neighborhood
0.48 Acre
-- Price per Acre
20,909 Sq Ft Lot

Last Sold September 12, 2022

Last sale price $1,075,000

80 Days on Market

Highlights

  • City Lights View
  • 0.48 Acre Lot
  • No HOA
  • Phoenix Coding Academy Rated A
  • Corner Lot
  • 1-minute walk to Grant Park

About This Lot

As of September 2022

Vacant multi-family land in an opportunity zone located in an up-and-coming neighborhood just one block from future light rail extension!! Site is located in close proximity to downtown restaurants, nightlife, stadiums and all downtown has to offer. Permits are ready to be pulled and current plans call for 5 stories, 26 units with 1 retail space, 39k total rentable square feet. Property is zoned R-5 PUD so buyer could design own units if desired. Plans are fully permitted and ready to begin today, get your next project up and running right away!!

Last Agent to Sell the Property

Keith Mishkin

Cambridge Properties License #BR039542000 Listed on: 06/15/2022

Last Buyer's Agent

Bryce Perez

RE/MAX Fine Properties License #SA536656000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $771

Lot Details

  • 0.48 Acre Lot
  • Corner Lot
  • Property is zoned PUD

Property Views

  • City Lights Views

Community Details

  • No Home Owners Association
  • Montgomery Add Amd Blks 75, 83, 84, 91, 99 102 Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 112-24-038-A

Property Details

Property Type

Land

Est. Annual Taxes

$771

Lot Details

0

Listing Details

  • Cross Street: S Central Avenue & W Sherman St
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Plans Available, Plans Included
  • Zoning: PUD
  • Tax Year: 2021
  • Lot Size Acres: 0.48
  • Subdivision Name: MONTGOMERY ADD AMD BLKS 75, 83, 84, 91, 99-102
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Retail, Multi-Family

Exterior Features

  • Lot Features: Corner Lot, City Light View(s)
  • Disclosures: Soil Test, ALTA Survey Alba, Development Pln Aval
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 200 x 100
  • Lot Size Sq Ft: 20735.0
  • Additional Parcels: No
  • Parcel #: 112-24-038-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 771.0
  • Tax Book Number: 112.00
  • Tax Lot: 21
  • Tax Map Number: 24.00

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

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2022 09/12/22 Sold $1,075,000 -10.4% --
06/14/2022 06/14/22 For Sale $1,200,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6417100

Arizona Regional Multiple Listing Service (ARMLS)