NOT LISTED FOR SALE

2208 W Madison St Unit 23 Phoenix, AZ 85009

Central City Neighborhood

Estimated Value: $78,540 - $410,000

0.16 Acre
$1,149,281 Price per Acre
7,000 Sq Ft Lot

Last Sold August 14, 2020

Last sale price $52,500

Est. 250% increase in value since last sale

Current estimated payment $1,012/month

111 Days on Market

About This Lot

As of August 2020

This home is located at 2208 W Madison St Unit 23, Phoenix, AZ 85009 since 06 April 2020 and is currently estimated at $183,885. 2208 W Madison St Unit 23 is a home located in Maricopa County with nearby schools including Mary Mcleod Bethune School, Phoenix Coding Academy, and Central High School.

Last Agent to Sell the Property

Martha Navarro

HomeSmart License #BR523587000 Listed on: 04/06/2020

HomeSmart

Last Buyer's Agent

Martha Navarro

HomeSmart License #BR523587000 Listed on: 04/06/2020

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $391

Lot Details

  • 7,000 Sq Ft Lot
  • Property is zoned R-5

Community Details

  • No Home Owners Association
  • Capitol Blk 43, 44, 35 38, 29, 30 Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 109-48-117

Property Details

Property Type

Land

Est. Annual Taxes

$391

Lot Details

0

Listing Details

  • Cross Street: W Jefferson St & S 22nd Ave
  • Legal Info Range: 2E
  • Property Type: Land
  • Zoning: R-5
  • Tax Year: 2019
  • Directions: S on 22nd Ave Lot will be on the West side of street next to alley.
  • Attribution Contact: 623-341-6345
  • Lot Size Acres: 0.16
  • Road Surface Type: Asphalt
  • Subdivision Name: CAPITOL BLK 43, 44, 35-38, 29, 30
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 70.39 X 99.55
  • Lot Size Sq Ft: 7000.0
  • Additional Parcels: No
  • Parcel #: 109-48-117
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 391.0
  • Tax Book Number: 109.00
  • Tax Lot: 23
  • Tax Map Number: 48.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2023
Sold by
Excavator Brothers Inc
Bought by
Vargas Brothers Investments Llc
Current Estimated Value
$183,885

Purchase Details

Listed on
Apr 6, 2020
Closed on
Aug 10, 2020
Sold by
Garac Rentals & Investments Llc
Bought by
Excavator Brothers Inc
Seller's Agent
Martha Navarro
HomeSmart
Buyer's Agent
Martha Navarro
HomeSmart
List Price
$66,000
Sold Price
$52,500
Premium/Discount to List
-$13,500
-20.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.56%

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
$45,000
Sold Price
$90,000
Premium/Discount to List
$45,000
100%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.62%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Vargas Brothers Investments Llc -- None Listed On Document
Excavator Brothers Inc $52,500 Equitable Title Agency Llc
Garac Rentals & Investments Llc $35,000 Empire West Title Agency Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2020 08/14/20 Sold $52,500 -20.5% --
07/26/2020 07/26/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $66,000 -26.7% --
08/14/2018 08/14/18 Sold $90,000 +100.0% -- View Prior Sale
07/06/2018 07/06/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $45,000 -- --
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 $408 $3,053 $3,053 --
2024 $404 $2,907 $2,907 --
2023 $404 $10,140 $10,140 $0
2022 $390 $5,910 $5,910 $0
2021 $387 $5,040 $5,040 $0
2020 $391 $5,130 $5,130 $0
2019 $391 $3,870 $3,870 $0
2018 $384 $2,865 $2,865 $0
2017 $375 $2,490 $2,490 $0
2016 $364 $2,265 $2,265 $0
2015 $360 $2,416 $2,416 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6062478

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-48-117