NOT LISTED FOR SALE

2205 N 25th Place Unit 6 Phoenix, AZ 85008

Central City Neighborhood

Estimated Value: $236,000 - $396,000

0.13 Acre
$2,428,862 Price per Acre
5,581 Sq Ft Lot

Last Sold September 15, 2023

Last sale price $210,000

Est. 50% increase in value since last sale

Current estimated payment $1,709/month

9 Days on Market

About This Lot

As of September 2023

OPPORTUNITY! OPPORTUNITY! OPPORTUNITY! Investor's delight! Come check out this property that is located in Central Phoenix close to the freeways, downtown, hospitals and it's tucked away on a quiet street in a LUSH, residential neighborhood. You can either do a complete renovation of the existing home or scrape the lot and build new! With the multifamily zoning in the heart of Phoenix, build a larger new home or home with granny flat or build a duplex! New sewer line in 2023, New partial block wall being installed by neighbor.

Last Agent to Sell the Property

Raleigh Dombek

NORTH&CO. License #SA695742000 Listed on: 08/29/2023

NORTH&CO.

Last Buyer's Agent

Raleigh Dombek

NORTH&CO. License #SA695742000 Listed on: 08/29/2023

NORTH&CO.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $513

Lot Details

  • 5,581 Sq Ft Lot
  • Property is zoned R3

Schools

  • Creighton Elementary School
  • Camelback High School

Community Details

  • No Home Owners Association
  • Vel Ru Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 120-37-053-B

Property Details

Property Type

Land

Est. Annual Taxes

$513

Lot Details

0

Listing Details

  • Cross Street: E Osborn Rd and N 25th Place
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R3
  • Tax Year: 2022
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: VEL RU
  • Tax Parcel Letter: B
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size: 71’ x 78.59’
  • Lot Size Sq Ft: 5581.0
  • Additional Parcels: No
  • Parcel #: 120-37-053-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 513.0
  • Tax Book Number: 120.00
  • Tax Lot: 6
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2024
Sold by
El General Group Llc
Bought by
Peak Real Holdings Llc
Current Estimated Value
$315,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Outstanding Balance
$399,957
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
-$84,205

Purchase Details

Listed on
Aug 29, 2023
Closed on
Sep 15, 2023
Sold by
Quintanilla Jeannette
Bought by
El General Group Llc
Seller's Agent
Raleigh Dombek
NORTH&CO.
Buyer's Agent
Raleigh Dombek
Compass
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.07%
Original Mortgage
$150,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2014
Sold by
True Freedom Achievers Llc
Bought by
Quintanilla Jeannette

Purchase Details

Closed on
Dec 27, 2013
Sold by
Frost Lisa
Bought by
True Freedom Achievers Llc

Purchase Details

Closed on
Dec 20, 2007
Sold by
Mcnesby Mary
Bought by
Frost Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,862
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2005
Sold by
Phillips William R
Bought by
Mcnesby Mary

Purchase Details

Closed on
Sep 24, 2004
Sold by
Applied Marketing & Promotions Llc
Bought by
Phillips William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2004
Sold by
L R Partners Llc
Bought by
Applied Marketing & Promotions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2004
Sold by
Szabo Pal and Szabo Eileen
Bought by
L R Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
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

Purchase History

Date Buyer Sale Price Title Company
Peak Real Holdings Llc -- Title Service And Escrow
El General Group Llc $210,000 Magnus Title Agency
Quintanilla Jeannette $50,000 Pioneer Title Agency Inc
True Freedom Achievers Llc $38,500 Old Republic Title Agency
Frost Lisa $163,500 Fidelity National Title
Mcnesby Mary $150,000 --
Phillips William R $115,000 Security Title Agency
Applied Marketing & Promotions Llc $93,000 Security Title Agency
L R Partners Llc $85,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peak Real Holdings Llc $406,000
Previous Owner El General Group Llc $150,000
Previous Owner El General Group Llc $50,000
Previous Owner Frost Lisa $159,862
Previous Owner Phillips William R $103,500
Previous Owner Applied Marketing & Promotions Llc $83,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $210,000 -16.0% --
08/29/2023 08/29/23 For Sale $250,000 -- --
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 $638 $4,720 -- --
2024 $536 $4,496 -- --
2023 $536 $23,310 $4,660 $18,650
2022 $513 $17,550 $3,510 $14,040
2021 $532 $16,800 $3,360 $13,440
2020 $518 $13,000 $2,600 $10,400
2019 $515 $11,200 $2,240 $8,960
2018 $504 $9,610 $1,920 $7,690
2017 $484 $7,950 $1,590 $6,360
2016 $464 $6,860 $1,370 $5,490
2015 $432 $5,250 $1,050 $4,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Raleigh Dombek

    North & Co

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6598277

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-37-053B

Arizona Maricopa County Phoenix 85008 Central City

2205 N 25th Place Unit 6, Phoenix, AZ

Not Listed for Sale

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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