NOT LISTED FOR SALE

2117 W Madison St Unit 5 Phoenix, AZ 85009

Central City Neighborhood

Estimated Value: $338,000 - $353,000

0.16 Acre
$2,158,044 Price per Acre
7,010 Sq Ft Lot

Last Sold July 11, 2017

Last sale price $45,000

Est. 667% increase in value since last sale

Current estimated payment $1,981/month

50 Days on Market

About This Lot

As of July 2017

Less than 1 mile from light rail and I-10. Zoned for 1-4 family residence with new downtown ASU and City of Phoenix efforts to improve downtown. Great investment opportunity.

Last Agent to Sell the Property

Troy Jones

West USA Realty License #SA511734000 Listed on: 04/20/2017

West USA Realty

Last Buyer's Agent

Michael Jarman

E-Homes License #SA545981000

E-Homes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $433

Lot Details

  • 7,010 Sq Ft Lot
  • Property is zoned R4

Community Details

  • No Home Owners Association
  • Capitol Blk 43, 44, 35 38, 29, 30 Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 109-48-053

Property Details

Property Type

Land

Est. Annual Taxes

$433

Lot Details

0

Listing Details

  • Cross Street: 19th ave. and Madison
  • Legal Info Range: 2E
  • Property Type: Land
  • Zoning: R4
  • Tax Year: 2016
  • Directions: From 19th and Van Buren go S on 19th and Madison, Turn R. (W) on Madison to property South side of street.
  • Lot Size Acres: 0.16
  • Subdivision Name: CAPITOL BLK 43, 44, 35-38, 29, 30
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50X140
  • Lot Size Sq Ft: 7010.0
  • Additional Parcels: No
  • Parcel #: 109-48-053
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 433.0
  • Tax Book Number: 109.00
  • Tax Lot: 5
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2020
Sold by
Red Properties & Ivestments Llc
Bought by
Owens Steven K
Current Estimated Value
$345,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Outstanding Balance
$215,512
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$129,775

Purchase Details

Closed on
Sep 17, 2019
Sold by
Am Properties & Investments Llc
Bought by
Red Properties & Investments Llc

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jun 30, 2017
Sold by
Hanic Rahman and Hanic Admir
Bought by
A M Properties & Investments Llc
Seller's Agent
Troy Jones
West USA Realty
Buyer's Agent
Michael Jarman
E-Homes
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.06%

Purchase Details

Closed on
Feb 12, 2013
Sold by
Nestor Shari
Bought by
Hanic Rahman and Hanic Admir

Purchase Details

Closed on
Apr 17, 2007
Sold by
City Help Inc Of Phoenix
Bought by
Dicor Investments Llc

Purchase Details

Closed on
Mar 20, 2007
Sold by
Chacon Barbara S
Bought by
Chacon Robert

Purchase Details

Closed on
Oct 26, 2006
Sold by
Beckley Gordon L and Beckley Ardith D
Bought by
City Help Inc Of Phoenix
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 Buyer Sale Price Title Company
Owens Steven K $250,000 Security Title Agency Inc
Red Properties & Investments Llc -- None Available
A M Properties & Investments Llc $42,500 Security Title Agency Inc
Hanic Rahman $8,000 None Available
Dicor Investments Llc $63,500 Land Title Agency Of Az Inc
Chacon Robert -- Camelback Title Agency Llc
City Help Inc Of Phoenix $98,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Steven K $242,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2017 07/11/17 Sold $45,000 0.0% --
06/09/2017 06/09/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $45,000 -- --
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 $1,715 $14,465 -- --
2024 $1,698 $13,776 -- --
2023 $1,698 $24,470 $4,890 $19,580
2022 $1,633 $20,520 $4,100 $16,420
2021 $1,635 $17,500 $3,500 $14,000
2020 $465 $4,245 $4,245 $0
2019 $465 $3,405 $3,405 $0
2018 $457 $2,955 $2,955 $0
2017 $446 $2,580 $2,580 $0
2016 $433 $2,340 $2,340 $0
2015 $449 $2,496 $2,496 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Troy Jones

    West USA Realty

    Section Image

  • M

    Buyer's Agent in 2017

    Michael Jarman

    E-Homes

    (480) 217-2388

    1 in this area

    53 Total Sales

    Michael Jarman
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5593185

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-48-053

Arizona Maricopa County Phoenix 85009 Central City

2117 W Madison St Unit 5, Phoenix, AZ

This home is located at 2117 W Madison St Unit 5, Phoenix, AZ 85009 since 20 April 2017 and is currently estimated at $345,287. 2117 W Madison St Unit 5 is a home located in Maricopa County with nearby schools including Mary Mcleod Bethune School, Phoenix Coding Academy, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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