NOT LISTED FOR SALE

2426 E Adams St Unit 12 Phoenix, AZ 85034

Central City Neighborhood

Estimated Value: $99,225 - $491,000

0.17 Acre
$1,634,153 Price per Acre
7,250 Sq Ft Lot

Last Sold July 30, 2021

Last sale price $91,000

Est. 202% increase in value since last sale

Current estimated payment $1,494/month

12 Days on Market

About This Lot

As of July 2021

On the Northeast corner of Adams St and 24th Place we have one 7,250 SF lot available for sale. This submarket has improved significantly over the last 10 years thanks to steady demand and a low new supply.

OPPORTUNITY ZONE: Take advantage of the growing trend in urban housing by purchasing this lot to build up to 3.6 units as currently zoned. A potential development could entail building units with trendy container homes. Architectural plans are available with the purchase price, should the buyer wish to build a duplex of container homes. Tenants will have all the amenities that come with the bustling city life of downtown that is just minutes away. This site is walking distance from the light rail station and is conveniently located minutes away from the I-10 and Sky Harbor Airport

Last Agent to Sell the Property

Carrick Sears

SVN/Desert Commercial Advisors License #BR633405000 Listed on: 06/25/2021

SVN/Desert Commercial Advisors

Last Buyer's Agent

Carrick Sears

SVN/Desert Commercial Advisors License #BR633405000 Listed on: 06/25/2021

SVN/Desert Commercial Advisors

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $512

Lot Details

  • 7,250 Sq Ft Lot
  • Property is zoned R-4

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 121-63-050

Property Details

Property Type

Land

Est. Annual Taxes

$512

Lot Details

0

Listing Details

  • Cross Street: 24th Place & Adams Street
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-4
  • Tax Year: 2020
  • Lot Size Acres: 0.17
  • Road Surface Type: Asphalt
  • 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: 50 ft x 145 ft
  • Lot Size Sq Ft: 7250.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 121-63-050
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 511.9
  • Tax Book Number: 121.00
  • Tax Lot: 12
  • Tax Map Number: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jul 18, 2021
Sold by
Rita L Berglund Trust and Prieb Janet K
Bought by
Southwest Property Llc
Seller's Agent
Carrick Sears
SVN/Desert Commercial Advisors
Buyer's Agent
Carrick Sears
SVN/Desert Commercial Advisors
List Price
$85,000
Sold Price
$91,000
Premium/Discount to List
$6,000
7.06%
Current Estimated Value
$275,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,194
Avg. Annual Appreciation
28.87%

Purchase Details

Closed on
May 21, 2013
Sold by
Cosentino Andrew
Bought by
Prieb Janet K
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
Southwest Property Llc $91,000 Stewart Title
Prieb Janet K $170,000 Magnus Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $91,000 +7.1% --
07/06/2021 07/06/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $85,000 -- --
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 $572 $4,105 $4,105 --
2024 $538 $3,909 $3,909 --
2023 $538 $11,910 $11,910 $0
2022 $507 $5,010 $5,010 $0
2021 $514 $5,010 $5,010 $0
2020 $512 $4,950 $4,950 $0
2019 $510 $3,840 $3,840 $0
2018 $504 $3,600 $3,600 $0
2017 $468 $3,600 $3,600 $0
2016 $479 $3,330 $3,330 $0
2015 $475 $3,584 $3,584 $0
Source: Public Records

Agents Affiliated with this Home

  • Carrick Sears

    Seller's Agent in 2021

    Carrick Sears

    SVN/Desert Commercial Advisors

    (602) 327-0325

    2 in this area

    19 Total Sales

    Carrick Sears
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6255510

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-63-050

Arizona Maricopa County Phoenix 85034 Central City

2426 E Adams St Unit 12, Phoenix, AZ

Not Listed for Sale

Lots

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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