NOT LISTED FOR SALE

2130 E Fairmount Ave Unit 2 Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $1,801,000 - $2,215,897

1.92 Acres
$1,046,067 Price per Acre
83,635 Sq Ft Lot

Last Sold February 27, 2015

Last sale price $750,000

Est. 168% increase in value since last sale

Current estimated payment $11,464/month

6 Days on Market

Highlights

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

About This Lot

As of February 2015

Great piece of land. Was zoned for 24 condo/townhomes.

Last Agent to Sell the Property

Azroy Salim

AZ Brokerage Holdings, LLC License #SA517417000 Listed on: 02/04/2015

Co-Listed By

Aamer Syed

Realty ONE Group License #SA115137000

Last Buyer's Agent

Azroy Salim

Realty Executives Arizona Territory License #SA517417000

Realty Executives Arizona Territory

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,500

Lot Details

  • 1.92 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned R-2

Schools

  • Loma Linda Elementary School
  • Camelback High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 119-21-035

Property Details

Property Type

Land

Est. Annual Taxes

$7,500

Lot Details

0

Listing Details

  • Cross Street: 22nd Street & Indian School
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: R-2
  • Tax Year: 2014
  • Lot Size Acres: 1.92
  • Road Surface Type: Asphalt, Dedicated Street
  • Co List Office Mls Id: reax152
  • Co List Office Phone: 480-233-1198
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Lot Features: Corner Lot, Dual Street Ftg
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Loma Linda Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Loma Linda Elementary School

Lot Info

  • Lot Size: 286.81 north line x292.01 west line
  • Lot Size Sq Ft: 83674.0
  • Additional Parcels: No
  • Parcel #: 119-21-035

Tax Info

  • Tax Annual Amount: 7500.0
  • Tax Book Number: 119.00
  • Tax Lot: 2
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2015
Sold by
Next Gen Assets Llc
Bought by
Dm Ventures Is Iv Llc
Current Estimated Value
$2,008,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$865,744
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$1,142,705

Purchase Details

Listed on
Feb 4, 2015
Closed on
Feb 26, 2015
Sold by
Vertex Investments Llc
Bought by
Next Gen Assets Llc
Seller's Agent
Azroy Salim
AZ Brokerage Holdings, LLC
Buyer's Agent
Azroy Salim
Realty Executives Arizona Territory
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%

Purchase Details

Listed on
Nov 7, 2012
Closed on
Dec 20, 2012
Sold by
Wprj Llc
Bought by
Vertex Investments Llc
Seller's Agent
James Dunning
Keller Williams Arizona Realty
Buyer's Agent
Azroy Salim
Realty Executives Arizona Territory
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.26%

Purchase Details

Closed on
Sep 12, 2007
Sold by
Dyer Properties Llc
Bought by
Wprj Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dm Ventures Is Iv Llc $1,100,000 Thomas Title & Escrow
Next Gen Assets Llc $750,000 None Available
Vertex Investments Llc $350,000 Fidelity National Title Agen
Wprj Llc $2,000,000 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dm Ventures Is Iv Llc $1,100,000
Previous Owner Wprj Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2015 02/27/15 Sold $750,000 0.0% --
02/10/2015 02/10/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $750,000 +114.3% --
01/15/2013 01/15/13 Sold $350,000 0.0% -- View Prior Sale
11/21/2012 11/21/12 Pending -- -- --
03/08/2012 03/08/12 For Sale $350,000 -- --
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 $11,660 $86,323 $86,323 --
2024 $11,093 $82,213 $82,213 --
2023 $11,093 $279,630 $279,630 $0
2022 $10,658 $193,395 $193,395 $0
2021 $10,917 $158,760 $158,760 $0
2020 $10,651 $139,230 $139,230 $0
2019 $10,576 $163,635 $163,635 $0
2018 $10,359 $149,505 $149,505 $0
2017 $9,959 $80,085 $80,085 $0
2016 $9,573 $57,075 $57,075 $0
2015 $9,500 $56,528 $56,528 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Azroy Salim

    Realty Executives

  • A

    Seller Co-Listing Agent in 2015

    Aamer Syed

    Realty One Group

    (480) 930-3636

    5 Total Sales

    Aamer Syed
    Section Image
  • James Dunning

    Seller's Agent in 2013

    James Dunning

    Keller Williams Arizona Realty

    (480) 405-4400

    4 in this area

    207 Total Sales

    James Dunning
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5231855

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-21-035

Arizona Maricopa County Phoenix 85016 Camelback East Village

2130 E Fairmount Ave Unit 2, Phoenix, AZ

Not Listed for Sale

Lots

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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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