NOT LISTED FOR SALE

2121 E Thomas Rd Unit 8 Phoenix, AZ 85016

Central City Neighborhood

Estimated Value: $382,000 - $1,278,000

0.27 Acre
$2,271,870 Price per Acre
11,761 Sq Ft Lot

Last Sold April 06, 2021

Last sale price $325,000

Est. 89% increase in value since last sale

Current estimated payment $3,378/month

27 Days on Market

About This Lot

As of April 2021

Priced to sell! Hard to find R-4 corner lot with plans for very attractive 12 unit apartment building with ground level parking. All are 600 sq ft modern open floor plan mezzanine units with 755 sf terraces. Frontage on Thomas Rd and 21st Place, adjacent to established residential multifamily properties on cul de sac. Driveway/parking entrance on 21st Place. Walking distance to Children's Hospital, Abruzzo Heart Hospital and AZ Cardiac Center, a few blocks from SR 51, close to Biltmore, Midtown, Downtown. Amazing potential for a solid buy and hold rental development project with agressive ROI. Or condos. Proforma provided. Owner/Architect

Last Agent to Sell the Property

Julia Foley

HomeSmart License #SA623912000 Listed on: 01/15/2021

HomeSmart

Last Buyer's Agent

Julia Foley

HomeSmart License #SA623912000 Listed on: 01/15/2021

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,428

Lot Details

  • 0.27 Acre Lot
  • Property is zoned R-4

Schools

  • Loma Linda Elementary School
  • Camelback High Middle School
  • Camelback High School

Community Details

  • No Home Owners Association
  • Potrero Place Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 117-02-009

Property Details

Property Type

Land

Est. Annual Taxes

$1,428

Lot Details

0

Listing Details

  • Cross Street: 24th St/Thomas
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-4
  • Tax Year: 2019
  • Directions: West from corner of 24th St/Thomas to lot on south side. Corner lot.
  • Lot Size Acres: 0.27
  • Subdivision Name: POTRERO PLACE
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Development Pln Aval

Utilities

  • Electric: APS

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Loma Linda Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Camelback High School

Lot Info

  • Lot Size: 134X87
  • Lot Size Sq Ft: 11582.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 117-02-009
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1428.0
  • Tax Book Number: 117.00
  • Tax Lot: 8
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2024
Sold by
02 Associates Llc
Bought by
2121 E Thomas Road Llc
Current Estimated Value
$613,405

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 26, 2021
Sold by
Underhill Michael
Bought by
02 Associates Llc
Seller's Agent
Julia Foley
HomeSmart
Buyer's Agent
Julia Foley
HomeSmart
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.23%

Purchase Details

Listed on
Dec 8, 2017
Closed on
Dec 11, 2017
Sold by
Mutual Of Enumclaw Insurance Co
Bought by
Underhill Michael
Seller's Agent
Kyle Fouts
West USA Realty
Buyer's Agent
Julia Foley
HomeSmart
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.67%

Purchase Details

Closed on
Jun 7, 2016
Sold by
Nevada General Insurance Company
Bought by
Mutual Of Enumclaw Insurance Company

Purchase Details

Closed on
Dec 19, 2011
Sold by
Auto Insurance America Arizona Inc
Bought by
Nevada General Insurance Company

Purchase Details

Closed on
Sep 23, 2004
Sold by
Jesik Patricia Elizabeth
Bought by
Auto Insurance America Arizona Inc

Purchase Details

Closed on
Nov 26, 1999
Sold by
Zyx Corp
Bought by
Jesik Patricia Elizabeth

Purchase Details

Closed on
May 24, 1996
Sold by
Asperger John and Asperger Carolyn
Bought by
Zyx Corp
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
2121 E Thomas Road Llc -- None Listed On Document
02 Associates Llc $325,000 Old Republic Title Agency
Underhill Michael $150,000 First American Title Insuran
Mutual Of Enumclaw Insurance Company -- 1St Am
Nevada General Insurance Company -- First American Title
Auto Insurance America Arizona Inc $300,000 Stewart Title & Trust Of Pho
Jesik Patricia Elizabeth -- --
Zyx Corp $110,000 Grand Canyon Title Agency In
Zyx Corp -- Grand Canyon Title Agency In
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $325,000 0.0% --
04/05/2021 04/05/21 For Sale $325,000 0.0% --
02/10/2021 02/10/21 Pending -- -- --
02/08/2021 02/08/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $325,000 +116.7% --
12/29/2017 12/29/17 Sold $150,000 -6.3% --
12/11/2017 12/11/17 Pending -- -- --
12/08/2017 12/08/17 For Sale $160,000 -- --
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 $1,516 $11,658 $11,658 --
2024 $1,498 $11,103 $11,103 --
2023 $1,498 $24,870 $24,870 $0
2022 $1,439 $18,240 $18,240 $0
2021 $1,474 $17,355 $17,355 $0
2020 $1,439 $16,830 $16,830 $0
2019 $1,428 $12,885 $12,885 $0
2018 $1,399 $12,885 $12,885 $0
2017 $1,345 $8,055 $8,055 $0
2016 $1,293 $7,515 $7,515 $0
2015 $1,347 $8,016 $8,016 $0
Source: Public Records

Agents Affiliated with this Home

  • Julia Foley

    Seller's Agent in 2021

    Julia Foley

    HomeSmart

    (602) 499-6802

    3 in this area

    23 Total Sales

    Julia Foley
    Section Image

  • K

    Seller's Agent in 2017

    Kyle Fouts

    West USA Realty

    (602) 722-2065

    6 Total Sales

    Kyle Fouts
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6181175

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-02-009

Arizona Maricopa County Phoenix 85006 Central City

2121 E Thomas Rd Unit 8, Phoenix, AZ

This home is located at 2121 E Thomas Rd Unit 8, Phoenix, AZ 85016 since 15 January 2021 and is currently estimated at $613,405. 2121 E Thomas Rd Unit 8 is a home located in Maricopa County with nearby schools including William T Machan Elementary School, Camelback High School, and Phoenix Coding Academy.

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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