NOT LISTED FOR SALE

Estimated Value: $318,000 - $538,000

0.38 Acre
$1,091,229 Price per Acre
16,553 Sq Ft Lot

Last Sold October 12, 2020

Last sale price $130,000

Est. 390% increase in value since last sale

Current estimated payment $3,516/month

129 Days on Market

About This Lot

As of October 2020

Vacant Land
0.379 acres / 16,494 sq ft
County Zone
[M-H] MULTI-FAMILY, HIGH DENSITY (UP TO 2,499 SF)
100%
City Zone
[R-4] Multiple Family Residence

Last Agent to Sell the Property

Martha Navarro

HomeSmart License #SA523587000 Listed on: 05/06/2020

HomeSmart

Last Buyer's Agent

Gretchen Munn

Compass License #SA586373000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $542

Lot Details

  • 0.38 Acre Lot
  • Property is zoned R-4

Schools

  • Wilson Elementary School - Phoenix

Community Details

  • No Home Owners Association
  • Aviation Homesites Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 116-01-058-A

Property Details

Property Type

Land

Est. Annual Taxes

$542

Lot Details

0

Listing Details

  • Cross Street: N 24TH ST & POLK ST
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-4
  • Tax Year: 2019
  • Directions: At Polk St head west the property will be on the N side of street.
  • Attribution Contact: 623-341-6345
  • Lot Size Acres: 0.38
  • Road Surface Type: Asphalt
  • Subdivision Name: AVIATION HOMESITES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Wilson Elementary School - Phoenix

Lot Info

  • Lot Size: 100.97 X 166.60
  • Lot Size Sq Ft: 16494.0
  • Additional Parcels: No
  • Parcel #: 116-01-058-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 542.0
  • Tax Book Number: 116.00
  • Tax Lot: 14
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Sep 30, 2020
Sold by
Garac Rentals & Investments Llc
Bought by
L2 Investment Inc
Seller's Agent
Martha Navarro
HomeSmart
Buyer's Agent
Gretchen Munn
Compass
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$636,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,667
Avg. Annual Appreciation
41.39%

Purchase Details

Listed on
Jun 28, 2018
Closed on
Jul 20, 2018
Sold by
Mcg Business Products Inc
Bought by
Garac Rentals & Investments Llc
Seller's Agent
Jaime Bautista
EPIC Home Realty
Buyer's Agent
Martha Navarro
HomeSmart
List Price
$98,000
Sold Price
$90,000
Premium/Discount to List
-$8,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.10%
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
L2 Investment Inc $130,000 Empire West Title Agency Llc
Garac Rentals & Investments Llc $90,000 Empire West Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L2 Investment Properties Inc $150,000
Closed L2 Investment Properties Inc $75,000
Open L2 Investment Properties Inc $775,000
Closed L2 Investment Properties Inc $775,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2020 10/12/20 Sold $130,000 0.0% --
09/11/2020 09/11/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $130,000 +44.4% --
07/27/2018 07/27/18 Sold $90,000 -8.2% --
07/06/2018 07/06/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $98,000 -- --
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 $569 $4,361 $4,361 --
2024 $572 $4,154 $4,154 --
2023 $572 $20,340 $20,340 $0
2022 $538 $14,025 $14,025 $0
2021 $546 $11,220 $11,220 $0
2020 $544 $8,925 $8,925 $0
2019 $542 $6,360 $6,360 $0
2018 $535 $3,735 $3,735 $0
2017 $497 $3,555 $3,555 $0
2016 $509 $3,240 $3,240 $0
2015 $505 $3,456 $3,456 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6074418

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-01-058A