NOT LISTED FOR SALE

2202 E Desert Ln Phoenix, AZ 85042

South Mountain Neighborhood
-- Bed
1 Bath
828 Sq Ft
2.47 Acres

Last Sold December 21, 2023

Last sale price $550,000 $664 Per Sq Ft

20 Days on Market

About This Home

As of December 2023

Incredible opportunity to purchase almost 2.5 acres in the gentrifying South Mountain area. Zoned Multi-Family R-3, this property has 3 structures on it. First, there is a charming older home which can be remodeled. Second, there is a double wide trailer built in 2003. Third, there is a metal shed. Drive down Desert Ln and you're surrounded multiple million dollar properties and desert landscape just minutes from incredible hiking, biking, and horse trails. Property can be split! Turn the land into a horse property or use it as an investment opportunity to earn income. Easy access to Sky Harbor, ASU, i-10. Owned by the same family for almost 30 years!

Last Agent to Sell the Property

David Arustamian

Russ Lyon Sotheby's International Realty License #BR662152000 Listed on: 10/03/2023

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Gabriela Ismael

HomeSmart License #SA683103000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,577

Year Built

  • Built in 2003

Lot Details

  • 2.47

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Cooling Available

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 301-31-025

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 153x705
  • South Mountain Acres 5 12, 22 29 Subdivision

Building Details

  • Operating Expense $4,577

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,577

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: 24th St & Baseline Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: [R-3]
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2003
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: SOUTH MOUNTAIN ACRES 5-12, 22-29
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS
  • Cooling Y N: Yes
  • Water Source: City Franchise

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 153x705
  • Additional Parcels: No
  • Parcel #: 301-31-025

Multi Family

  • Owner Pays: Other
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 4577.0

Tax Info

  • Tax Annual Amount: 4577.0
  • Tax Book Number: 301.00
  • Tax Lot: 22

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $550,000 0.0% $664 / Sq Ft
10/27/2023 10/27/23 For Sale $550,000 -- $664 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Arustamian

    Seller's Agent in 2023

    David Arustamian

    Russ Lyon Sotheby's International Realty

    (480) 331-0707

    5 in this area

    420 Total Sales

    David Arustamian
    Section Image

  • G

    Buyer's Agent in 2023

    Gabriela Ismael

    HomeSmart

    (602) 230-7600

    4 in this area

    39 Total Sales

    Gabriela Ismael
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6612965

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-31-025

Arizona Maricopa County Phoenix 85042 South Mountain

2202 E Desert Ln, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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