NOT LISTED FOR SALE

2305 E South Mountain Ave Phoenix, AZ 85042

South Mountain Neighborhood

Estimated Value: $359,000 - $1,963,840

2.35 Acres
$415,154 Price per Acre
102,366 Sq Ft Lot

Last Sold February 18, 2021

Last sale price $400,000

Est. 144% increase in value since last sale

Current estimated payment $6,072/month

158 Days on Market

Highlights

  • 2.35 Acre Lot
  • Mountain View
  • No HOA
  • Phoenix Coding Academy Rated A

About This Lot

As of February 2021

ATENTION BUILDERS! 7 LOTS !! This 2.35 acre parcel is located in beautiful South Mountain and Baseline Corridor area. HAS PRE-LIMINARY PLAT APPROVAL! (SOON TO HAVE FULL PLATTED APPROVAL) FOR APPROX 7 approx. 5200 s ft lots. All utilities nearby! Should have final plat and public report within 30 days . Its beautiful mountain view creates a perfect setting for future homes. The surrounding area offer activities to enjoy including hiking, shopping, golfing at Legacy Resort & Golf Course. It also has South Mountain Community College and downtown Phoenix minutes away. Great location! See documents tab for plat and site plan. SELLER MAY CARRY WITH 30% DOWN PAYMENT

Last Agent to Sell the Property

Paul Galloway

Galloway Realty, L.L.C. License #BR106151000 Listed on: 09/13/2020

Last Buyer's Agent

Paul Galloway

Galloway Realty, L.L.C. License #BR106151000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,747

Lot Details

  • 2.35 Acre Lot
  • Property is zoned R1-6

Property Views

  • Mountain Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 301-36-037-E

Property Details

Property Type

Land

Est. Annual Taxes

$4,747

Lot Details

0

Listing Details

  • Cross Street: South Mountain and 24th Street
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: See Remarks
  • Zoning: R1-6
  • Tax Year: 2018
  • Lot Size Acres: 2.35
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Other, Mountain View(s)
  • Disclosures: Other (See Rmks)

Utilities

  • Electric: Other (See Rmks)
  • Water Source: See Remarks

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 2.352 acres
  • Lot Size Sq Ft: 102453.0
  • Additional Parcels: No
  • Parcel #: 301-36-037-E
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4747.0
  • Tax Book Number: 301.00
  • Tax Lot: -
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2022
Sold by
2305 E South Mountain Llc
Bought by
2305 E South Mountain Llc
Current Estimated Value
$975,613

Purchase Details

Listed on
Sep 13, 2020
Closed on
Mar 24, 2021
Sold by
Engelbrecht Michael P and Lodge Michele A
Bought by
2305 E South Mountain Llc
Seller's Agent
Paul Galloway
Galloway Realty, L.L.C.
Buyer's Agent
Paul Galloway
Galloway Realty, L.L.C.
List Price
$490,000
Sold Price
$400,000
Premium/Discount to List
-$90,000
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.14%
Original Mortgage
$265,000
Interest Rate
3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 10, 2015
Sold by
Matma Investments Llc
Bought by
Engelbrecht Michael P and Lodge Michele Ann

Purchase Details

Closed on
Jun 1, 2010
Sold by
Marini Terrance
Bought by
Matma Investments Llc

Purchase Details

Closed on
Feb 12, 2010
Sold by
Rojas Jesus and Rojas Maria
Bought by
Marini Terrance and The Cc C Bess & Mary Ann Bess Living Tru

Purchase Details

Closed on
Apr 14, 2008
Sold by
Chacon John M and Chacon Monica M
Bought by
Rojas Jesus and Rojas Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2006
Sold by
Rojas Jorge and Rojas Cecelia R
Bought by
Rojas Jesus and Rojas Maria Elena

Purchase Details

Closed on
Feb 23, 2003
Sold by
Coon Merlyn E and Coon Kathy L
Bought by
Rojas Jorge and Rojas Cecilia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
5.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 1998
Sold by
Coon Merlyn E and Coon Kathy L
Bought by
City Of Phoenix

Purchase Details

Closed on
Aug 1, 1997
Sold by
Brookreson Delpha
Bought by
Coon Merlyn E and Coon Kathy L

Purchase Details

Closed on
May 2, 1997
Sold by
Andrews James B and Andrews Darla L
Bought by
Brookreson Delpha
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2305 E South Mountain Llc -- 2305 E South Mountain Llc
2305 E South Mountain Llc -- 2305 E South Mountain Llc
2305 E South Mountain Llc -- 2305 E South Mountain Llc
2305 E South Mountain Llc $365,000 Empire West Title Agency Llc
Engelbrecht Michael P $212,000 Chicago Title Agency Inc
Matma Investments Llc -- Chicago Title Agency Inc
Matma Investments Llc -- None Available
Marini Terrance $200,000 None Available
Rojas Jesus -- Westland Title Agency
Rojas Jesus $20,000 --
Rojas Jorge $143,000 Capital Title Agency Inc
City Of Phoenix -- --
Coon Merlyn E $49,900 Security Title
Brookreson Delpha -- --
Andrews James B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2305 E South Mountain Llc $265,000
Previous Owner Rojas Jesus $200,000
Previous Owner Rojas Jorge $107,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2021 02/18/21 Sold $400,000 -10.9% --
02/18/2021 02/18/21 Pending -- -- --
09/13/2020 09/13/20 Price Changed $449,000 -8.4% --
09/13/2020 09/13/20 For Sale $490,000 -- --
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
2023 $5,104 $48,765 $48,765 --
2022 $5,104 $40,455 $40,455 $0
2021 $5,104 $53,940 $53,940 $0
2020 $5,041 $47,835 $47,835 $0
2019 $4,878 $46,470 $46,470 $0
2018 $4,747 $36,870 $36,870 $0
2017 $4,524 $32,205 $32,205 $0
2016 $4,303 $31,350 $31,350 $0
2015 $4,321 $23,424 $23,424 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6131624

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-36-037E