NOT LISTED FOR SALE

247 E Elwood St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $224,659

0.3 Acre
$748,863 Price per Acre
13,068 Sq Ft Lot

Last Sold July 08, 2016

Last sale price $80,000

Est. 181% increase in value since last sale

Current estimated payment $1,322/month

101 Days on Market

Highlights

  • 0.3 Acre Lot
  • No HOA
  • Shed
  • Phoenix Coding Academy Rated A

About This Lot

As of July 2016

GREAT COMMERICAL PROPERTY !! VERY SOUGHT AFTER A-1 COMMERICIAL LOT. LOT FEATURES AN OFFICE TRAILER THAT HAS ELECTRICTY, INTERNET, TV,AC, SECURITY CAMERAS AND STORAGE SHED. THIS PROPERTY IS READY TO USE FOR BUSINESS. CURRENTLY USED AS A CAR STORAGE LOT, BUT OTHERWISE IS OPEN TO USE. GREAT LOCATION, GREAT SIZE AND GREAT OPPORTUNITY !!!

Last Agent to Sell the Property

Abe Diaz

HomeSmart License #SA579127000 Listed on: 06/29/2016

Last Buyer's Agent

Arturo Rubi

Rubi Realty License #BR038691000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,398

Lot Details

  • 0.3 Acre Lot
  • Block Wall Fence
  • Property is zoned A-1

Mobile Home

Listing and Financial Details

  • Tax Lot '-'
  • Assessor Parcel Number 113-12-039-A

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$1,398

Lot Details

0

Listing Details

  • Cross Street: CENTRAL AVE AND ELWOOD ST
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: A-1
  • Tax Year: 2015
  • Lot Size Acres: 0.3
  • Tax Parcel Letter: A
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Industrial

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Other Structures: Shed(s), Mobile Home

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: IRREGULAR SHAPE
  • Lot Size Sq Ft: 12944.0
  • Additional Parcels: No
  • Parcel #: 113-12-039-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1398.0
  • Tax Book Number: 113.00
  • Tax Lot: '-'
  • Tax Map Number: 12.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Jul 6, 2016
Sold by
Gonzales Frances
Bought by
Strong Arm Pool Service Llc
Seller's Agent
Abe Diaz
HomeSmart
Buyer's Agent
Arturo Rubi
Rubi Realty
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Current Estimated Value
$224,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,659
Avg. Annual Appreciation
11.80%
Original Mortgage
$55,000
Outstanding Balance
$43,991
Interest Rate
3.64%
Mortgage Type
Seller Take Back
Estimated Equity
$180,668

Purchase Details

Closed on
Jul 31, 2014
Sold by
Frierson Patrecia G
Bought by
Gonzales Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 21, 2010
Sold by
Frierson Jameela M
Bought by
Frierson Patricia G

Purchase Details

Closed on
May 1, 2009
Sold by
Laine Patricia Frierson
Bought by
Frierson Jameela Malkia

Purchase Details

Closed on
Jul 25, 2008
Sold by
Laine Charles E
Bought by
Laine Patricia Friesson

Purchase Details

Closed on
Oct 22, 1996
Sold by
City Of Phoenix
Bought by
Laine Charles 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
Strong Arm Pool Service Llc $80,000 Stewart Title Arizona Agency
Gonzales Frances $50,000 None Available
Frierson Patricia G -- None Available
Frierson Jameela Malkia -- None Available
Laine Patricia Friesson -- None Available
Laine Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strong Arm Pool Service Llc $55,000
Previous Owner Gonzales Frances $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2016 07/08/16 Sold $80,000 -5.9% --
06/24/2016 06/24/16 Pending -- -- --
03/15/2016 03/15/16 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 $1,566 $10,339 -- --
2024 $1,568 $10,154 -- --
2023 $1,568 $17,952 $13,702 $4,250
2022 $1,581 $13,790 $9,940 $3,850
2021 $1,660 $14,112 $10,224 $3,888
2020 $1,639 $11,304 $7,470 $3,834
2019 $1,586 $9,972 $6,336 $3,636
2018 $1,544 $9,684 $6,102 $3,582
2017 $1,471 $9,648 $6,354 $3,294
2016 $1,399 $8,856 $5,778 $3,078
2015 $1,354 $8,233 $5,550 $2,683
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Abe Diaz

    HomeSmart

  • A

    Buyer's Agent in 2016

    Arturo Rubi

    Rubi Realty

    5 in this area

    27 Total Sales

    Arturo Rubi
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5413595

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-12-039A

Arizona Maricopa County Phoenix 85040 South Mountain

247 E Elwood St, Phoenix, AZ

This home is located at 247 E Elwood St, Phoenix, AZ 85040 since 29 June 2016 and is currently estimated at $224,659. 247 E Elwood St is a home located in Maricopa County with nearby schools including Cesar E Chavez Community School, South Mountain High School, and Phoenix Coding Academy.

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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