NOT LISTED FOR SALE

246 W Lamar Rd Unit 8 Phoenix, AZ 85013

Alhambra Neighborhood

Estimated Value: $1,196,000 - $2,485,000

0.4 Acre
$4,899,118 Price per Acre
17,424 Sq Ft Lot

Last Sold November 13, 2019

Last sale price $605,000

Est. 224% increase in value since last sale

Current estimated payment $11,521/month

7 Days on Market

Highlights

  • 0.4 Acre Lot
  • No HOA
  • Wood Fence
  • Madison Richard Simis School Rated A-
  • Cul-De-Sac

About This Lot

As of November 2019

Prime, 18,317 square foot (.4 acres) lot tucked into the back of a cul-de-sac in the heart of the North Central Corridor! North/South exposure, excelling Madison Schools and down the street from the Murphy's Bridle Path. There is also a path right next to property providing direct access to Madison Meadows Elementary and All Saints just around the corner. Home is currently on the property. Also listed as residential listing, MLS # 5996803. Please see SPDS under Documents. Cash offers or new construction loan offers only as property will not qualify for a conventional loan.

Last Agent to Sell the Property

Stephen Caniglia

Compass License #SA554647000 Listed on: 10/25/2019

Compass

Co-Listed By

Erik Jensen

Compass License #SA570019000

Last Buyer's Agent

Stephanie Conner

Realty Executives Arizona Territory License #SA675838000

Realty Executives Arizona Territory

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,500

Lot Details

  • 0.4 Acre Lot
  • Cul-De-Sac
  • Wood Fence
  • Block Wall Fence
  • Property is zoned R1-10

Schools

  • Madison Richard Simis Elementary School
  • Madison Meadows Middle School
  • Central High School

Additional Features

  • North or South Exposure
  • Residence on Property

Community Details

  • No Home Owners Association
  • North Central Manor Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 161-28-008

Property Details

Property Type

Land

Est. Annual Taxes

$4,500

Lot Details

0

Listing Details

  • Cross Street: Central and Glendale
  • Property Type: Land
  • Topography: {"Level":true}
  • Zoning: R1-10
  • Tax Year: 2019
  • Directions: South on Central to Lamar/Flynn. West on Lamar to back of cul-de-sac.
  • Horses: No
  • Lot Size Acres: 0.4
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: nrtc01
  • Co List Office Phone: 602-714-7000
  • Subdivision Name: North Central Manor
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Cul-De-Sac, North/South Exp
  • Disclosures: None
  • Other Structures: Residence

Utilities

  • Electric: APS
  • Water Source: City Franchise, Irrigation Pipe, Irrigation - Sprnkld

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: 140 x 129
  • Lot Size Sq Ft: 18317.0
  • Additional Parcels: No
  • Parcel #: 161-28-008
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4500.0
  • Tax Book Number: 161.00
  • Tax Lot: 8
  • Tax Map Number: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Nov 10, 2019
Sold by
Calihan Mary E and Estate Of Patrick J Lynch
Bought by
Wermes Gregory and Wermes Sondra
Seller's Agent
Stephen Caniglia
Compass
Buyer's Agent
Stephanie Conner
Realty Executives Arizona Territory
List Price
$650,000
Sold Price
$605,000
Premium/Discount to List
-$45,000
-6.92%
Current Estimated Value
$1,959,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,354,647
Avg. Annual Appreciation
22.89%

Purchase Details

Closed on
Jan 30, 2013
Sold by
Calihan Mary E
Bought by
Lynch Patrick J

Purchase Details

Closed on
Nov 8, 2010
Sold by
Calihan Mary E and Lynch Betty B
Bought by
Calihan Mary E
Source: Public Records

Range of Values:

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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
Wermes Gregory $605,000 Landmark Ttl Assurance Agcy
Lynch Patrick J $200,000 Equity Title Agency Inc
Calihan Mary E -- Equity Title Agency Inc
Calihan Mary E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2019 11/13/19 Sold $605,000 -6.9% --
11/01/2019 11/01/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $650,000 -- --
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 $11,107 $89,431 -- --
2024 $10,810 $85,173 -- --
2023 $10,810 $142,310 $28,460 $113,850
2022 $4,649 $53,860 $10,770 $43,090
2021 $4,695 $50,480 $10,090 $40,390
2020 $4,612 $50,280 $10,050 $40,230
2019 $4,500 $45,280 $9,050 $36,230
2018 $4,381 $42,530 $8,500 $34,030
2017 $4,159 $39,610 $7,920 $31,690
2016 $4,008 $37,420 $7,480 $29,940
2015 $3,730 $33,030 $6,600 $26,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5996796

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-28-008