NOT LISTED FOR SALE
4.63 Acres
-- Price per Acre
201,683 Sq Ft Lot

Last Sold February 23, 2021

Last sale price $1,900,000

131 Days on Market

About This Lot

As of February 2021

This C-3 zoned parcel is centrally located just east of the I-10 Freeway on the north side of Van Buren Street. It is conveniently close to Sky Harbor Airport, I-10 Freeway and just walking distance from the Light Rail. The land is also located in an ''Opportunity zone'' and is eligible for federal tax incentives. This sale includes 3 parcels, APN's 116-01-085-A, 116-01-086 and 116-01-087 totaling 4.63 acres.

Last Agent to Sell the Property

Stacy Chapman

West USA Realty License #SA679926000 Listed on: 07/09/2020

West USA Realty

Last Buyer's Agent

Zachary Maciag

HomeSmart License #SA677051000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,350

Lot Details

  • 4.63 Acre Lot
  • Chain Link Fence
  • 3 Lots in the community
  • Property is zoned C-3

Community Details

  • No Home Owners Association
  • Subdivision Of Se4 Sec 3 T1n R3e

Listing and Financial Details

  • Assessor Parcel Number 116-01-085-A

Property Details

Property Type

Land

Est. Annual Taxes

$14,350

Lot Details

0

Listing Details

  • Cross Street: 24th St and Van Buren
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: C-3
  • Tax Year: 2019
  • Lot Size Acres: 4.63
  • Subdivision Name: SUBDIVISION OF SE4 SEC 3 T1N R3E
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: -
  • Lot Size Sq Ft: 201769.0
  • Number Of Lots: 3
  • Additional Parcels: No
  • Parcel #: 116-01-085-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14350.0
  • Tax Book Number: 116.00
  • Tax Lot: -
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2025
Sold by
2220 E Van Buren Llc
Bought by
Pacific Van Buren Llc

Purchase Details

Listed on
Jul 9, 2020
Closed on
Mar 19, 2021
Sold by
Marques Brothers Development Company Llc
Bought by
2220 E Van Buren Llc
Seller's Agent
Stacy Chapman
West USA Realty
Buyer's Agent
Zachary Maciag
HomeSmart
List Price
$2,420,000
Sold Price
$1,900,000
Premium/Discount to List
-$520,000
-21.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 1996
Sold by
Credit Data Southwest Inc
Bought by
Marques Brothers Development Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
8.18%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Pacific Van Buren Llc $2,500,000 None Listed On Document
Pacific Van Buren Llc $2,500,000 None Listed On Document
2220 E Van Buren Llc $1,900,000 Empire West Title Agency Llc
Marques Brothers Development Company Llc $600,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2220 E Van Buren Llc $750,000
Previous Owner 2220 E Van Buren Llc $1,325,000
Previous Owner Marques Brothers Development Company Llc $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2021 02/23/21 Sold $1,900,000 -21.5% --
11/17/2020 11/17/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $2,420,000 0.0% --
09/04/2020 09/04/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $2,420,000 -14.3% --
07/09/2020 07/09/20 For Sale $2,824,000 -- --
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 $16,117 $115,543 $115,543 --
2024 $15,141 $110,041 $110,041 --
2023 $15,141 $179,145 $179,145 $0
2022 $14,264 $109,365 $109,365 $0
2021 $14,472 $109,365 $109,365 $0
2020 $14,411 $113,265 $113,265 $0
2019 $14,350 $86,220 $86,220 $0
2018 $15,724 $96,360 $96,360 $0
2017 $14,615 $89,220 $89,220 $0
2016 $14,963 $82,605 $82,605 $0
2015 $17,575 $99,456 $99,456 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6100779

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-01-085A