NOT LISTED FOR SALE

Estimated Value: $2,049,754 - $2,226,000

2.3 Acres
$941,124 Price per Acre
100,188 Sq Ft Lot

Last Sold July 22, 2022

Last sale price $2,000,000

Est. 86% increase in value since last sale

Current estimated payment $21,303/month

6 Days on Market

Highlights

  • Horses Allowed On Property
  • 2.3 Acre Lot
  • No HOA
  • Phoenix Coding Academy Rated A

About This Lot

As of July 2022

Surrounded by exquisite custom homes this 2.3 acre property offers an incredibly rare opportunity to own horse property in the heart of the city. The breathtaking community of Bartlett Estates feels like it is far removed from the city yet it is only a few blocks from many of the valley's finest shopping, restaurants and movie theaters. The existing home has been taken down to the studs and is ready for your custom finishes. Or you can simply replace it with your own custom home. SRP flood irrigation available to easily maintain the lush feel of the community.

Last Agent to Sell the Property

Charles Lowry

Berkshire Hathaway HomeServices Arizona Properties License #BR504686000 Listed on: 06/27/2022

Berkshire Hathaway HomeServices Arizona Properties

Co-Listed By

Scott Lowry

Berkshire Hathaway HomeServices Arizona Properties License #SA694379000

Last Buyer's Agent

Mary Driscoll King

Compass License #SA560626000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,177

Lot Details

  • 2.3 Acre Lot
  • Chain Link Fence
  • Property is zoned RE-35

Schools

  • Madison Rose Lane Elementary School
  • Madison #1 Middle School
  • Camelback High School

Additional Features

  • North or South Exposure
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Bartlett Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 164-60-011-A

Property Details

Property Type

Land

Est. Annual Taxes

$12,177

Lot Details

0

Listing Details

  • Cross Street: 24th Street & Camelback Road
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: RE-35
  • Tax Year: 2021
  • Horses: Yes
  • Lot Size Acres: 2.3
  • Co List Office Mls Id: praz10
  • Co List Office Phone: 602-288-4400
  • Subdivision Name: Bartlett Estates
  • Tax Parcel Letter: A
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Chain Link
  • Lot Features: North/South Exp
  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Madison Rose Lane School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Lot Size: 166' X 631'
  • Lot Size Sq Ft: 100396.0
  • Additional Parcels: No
  • Parcel #: 164-60-011-A

Tax Info

  • Tax Annual Amount: 12177.0
  • Tax Book Number: 164.00
  • Tax Lot: -
  • Tax Map Number: 60.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2023
Sold by
Martensen Robert and Martensen Stephanie
Bought by
Robert And Stephanie Martensen Trust and Martensen
Current Estimated Value
$3,717,958

Purchase Details

Closed on
May 18, 2023
Sold by
Primero Development Llc
Bought by
Martensen Robert and Martensen Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,112,440
Interest Rate
6.5%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 27, 2022
Closed on
Jul 5, 2022
Sold by
Pac Holdings Iii Llc
Bought by
Primero Development Llc
Seller's Agent
Charles Lowry
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Mary Driscoll King
Compass
List Price
$2,900,000
Sold Price
$2,000,000
Premium/Discount to List
-$900,000
-31.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%
Original Mortgage
$1,500,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2012
Sold by
Midfirst Bank
Bought by
Anderson Jacob V and Anderson Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2007
Sold by
Cooke Cameron and Cooke Kimberly
Bought by
Cooke Cameron and Cooke Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,175,000
Interest Rate
6.67%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 31, 2007
Sold by
Caldwell Johnnie L
Bought by
Pac Holdings Iii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,175,000
Interest Rate
6.67%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 2, 2005
Sold by
Rem Development Inc
Bought by
Cooke Cameron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 19, 2005
Sold by
Cooke Kimberly A
Bought by
Cooke Cameron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 7, 2004
Sold by
Petzel Annette Claypool
Bought by
Caldwell Johnnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$866,250
Interest Rate
5.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 1, 2003
Sold by
Locnikar Steven J and Locnikar Kyra J
Bought by
R E M Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2003
Sold by
Locnikar Steven J and Locnikar Kyra J
Bought by
Locnikar Steven J and Locnikar Kyra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2002
Sold by
Locnikar Steve J
Bought by
Locnikar Kyra and Locnikar Kyra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,500
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1999
Sold by
Augspurger Quentin and Augspurger Nolya G
Bought by
Locnikar Steven J and Locnikar Kyra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
10.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 1998
Sold by
Claypool Vivian J
Bought by
Restatement Vivian Claypool Family Trust
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
Robert And Stephanie Martensen Trust -- None Listed On Document
Martensen Robert -- Clear Title Agency Of Arizona
Primero Development Llc $2,000,000 First American Title
Anderson Jacob V $1,440,000 First American Title
Cooke Cameron -- Camelback Title Agency Llc
Pac Holdings Iii -- Westminster Title Agency Inc
Cooke Cameron $1,700,000 First American Title Ins Co
Cooke Cameron -- First American Title Ins Co
Caldwell Johnnie L $1,237,500 Capital Title Agency Inc
R E M Development Inc $1,098,000 Arizona Title Agency Inc
Locnikar Steven J -- Arizona Title Agency Inc
Locnikar Kyra -- Chicago Title Insurance Co
Locnikar Steven J $875,000 Security Title Agency
Restatement Vivian Claypool Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martensen Robert $4,112,440
Previous Owner Primero Development Llc $1,500,000
Previous Owner Anderson Jacob V $1,440,000
Previous Owner Cooke Cameron $2,175,000
Previous Owner Pac Holdings Iii $1,500,000
Previous Owner Cooke Cameron $1,360,000
Previous Owner Caldwell Johnnie L $866,250
Previous Owner Locnikar Steven J $860,000
Previous Owner Locnikar Kyra $802,500
Previous Owner Locnikar Steven J $500,000
Closed Locnikar Steven J $200,000
Closed Caldwell Johnnie L $123,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $2,000,000 -19.7% --
07/03/2022 07/03/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $2,490,000 -14.1% --
06/27/2022 06/27/22 For Sale $2,900,000 -- --
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 $22,341 $65,480 -- --
2024 $11,844 $67,989 -- --
2023 $11,844 $117,730 $23,540 $94,190
2022 $12,073 $101,500 $20,300 $81,200
2021 $12,177 $93,780 $18,750 $75,030
2020 $11,988 $83,880 $16,770 $67,110
2019 $11,723 $76,820 $15,360 $61,460
2018 $11,888 $76,480 $15,290 $61,190
2017 $11,328 $80,650 $16,130 $64,520
2016 $11,537 $73,280 $14,650 $58,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6424703

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-60-011A