NOT LISTED FOR SALE

216 E Riverside St Unit 6 Phoenix, AZ 85040

South Mountain Neighborhood
1.61 Acres
-- Price per Acre
70,132 Sq Ft Lot

Last Sold October 28, 2022

Last sale price $350,000

6 Days on Market

About This Lot

As of October 2022

Great opportunity to purchase these multifamily zoned lots, and build the investment property you have been looking for. There are two separate parcels equalling 1.61 ACRES. Parcel C is 0.89 Acres & Parcel D is 0.72 Acres. These two parcels are being sold together. This land is zoned for multi-family high density. I-17 & I-10 freeways are nearby.

Last Agent to Sell the Property

Mizael Martinez

Elite Partners License #SA576869000 Listed on: 10/07/2022

Last Buyer's Agent

Jon Hammond

Keller Williams Realty Sonoran Living License #SA555889000

Keller Williams Realty Sonoran Living

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,019

Lot Details

  • 1.61 Acre Lot
  • Additional Parcels
  • Property is zoned R4

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Community Details

  • No Home Owners Association
  • Bowles Sub Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 113-13-013-C

Property Details

Property Type

Land

Est. Annual Taxes

$1,019

Lot Details

0

Listing Details

  • Cross Street: 3rd Street & Broadway
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R4
  • Tax Year: 2022
  • Directions: E. Broadway Road to S. 3rd Street to E. Riverside Street.
  • Horses: No
  • Lot Size Acres: 1.61
  • Subdivision Name: BOWLES SUB
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Lot Size: 251x240 approx
  • Lot Size Sq Ft: 70131.6
  • Additional Parcels: Yes
  • Parcel #: 113-13-013-C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1019.0
  • Tax Book Number: 113.00
  • Tax Lot: 6
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Oct 25, 2022
Sold by
Iglesia Apostolica De La Fe En
Bought by
Tpsa Llc
Seller's Agent
Mizael Martinez
Elite Partners
Buyer's Agent
Jon Hammond
Keller Williams Realty Sonoran Living
List Price
$350,000
Sold Price
$350,000
Views
1

Purchase Details

Listed on
Aug 22, 2013
Closed on
Jan 15, 2014
Sold by
Rangel Victor and Rangel Leslie
Bought by
Je Iglesia Apostolica De La Fe En Cristo
Seller's Agent
Leslie Rangel
Compass
Buyer's Agent
Ana Verdugo
HomeSmart
List Price
$99,900
Sold Price
$94,000
Premium/Discount to List
-$5,900
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.13%
Original Mortgage
$84,000
Interest Rate
4.45%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 25, 2002
Sold by
Foresight Investment Group Llc
Bought by
Rangel Victor and Rangel Leslie

Purchase Details

Closed on
May 16, 2002
Sold by
Salvation Army
Bought by
Urquhart Joseph G
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
Tpsa Llc $350,000 Empire Title Company Ltd
Je Iglesia Apostolica De La Fe En Cristo $94,000 Stewart Title & Trust Of Pho
Rangel Victor $88,000 Arizona Title Agency Inc
Urquhart Joseph G $32,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tpsa Llc $350,000
Closed Tpsa Llc $175,000
Previous Owner Je Iglesia Apostolica De La Fe En Cristo $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $350,000 0.0% --
10/13/2022 10/13/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $350,000 +272.3% --
01/15/2014 01/15/14 Sold $94,000 -5.9% --
01/08/2014 01/08/14 Pending -- -- --
08/22/2013 08/22/13 For Sale $99,900 -- --
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 $1,070 $7,284 $7,284 --
2024 $1,040 $6,937 $6,937 --
2023 $1,040 $33,960 $33,960 $0
2022 $1,019 $21,915 $21,915 $0
2021 $1,039 $18,150 $18,150 $0
2020 $1,027 $12,660 $12,660 $0
2019 $993 $7,185 $7,185 $0
2018 $967 $6,645 $6,645 $0
2017 $0 $8,910 $8,910 $0
2016 $0 $8,310 $8,310 $0
2015 -- $7,296 $7,296 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mizael Martinez

    Elite Partners

  • Jon Hammond

    Buyer's Agent in 2022

    Jon Hammond

    Keller Williams Realty Sonoran Living

    (480) 444-7200

    2 in this area

    23 Total Sales

    Jon Hammond
    Section Image

  • L

    Seller's Agent in 2014

    Leslie Rangel

    Compass

    Section Image

  • A

    Buyer's Agent in 2014

    Ana Verdugo

    HomeSmart

    (602) 301-5397

    8 in this area

    46 Total Sales

    Ana Verdugo
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6474372

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-13-013C

Arizona Maricopa County Phoenix 85040 South Mountain

216 E Riverside St Unit 6, Phoenix, AZ

This home is located at 216 E Riverside St Unit 6, Phoenix, AZ 85040 since 07 October 2022. 216 E Riverside St Unit 6 is a home located in Maricopa County with nearby schools including Cesar E Chavez Community School, South Mountain 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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