NOT LISTED FOR SALE

Estimated Value: $881,988

0.87 Acre
$1,013,779 Price per Acre
37,897 Sq Ft Lot

Last Sold May 21, 2021

Last sale price $550,000

Est. 60% increase in value since last sale

Current estimated payment $5,141/month

67 Days on Market

About This Lot

As of May 2021

Smack in the middle of the city. Ready for you to build or set up for storage. Lot adjacent on east is also available

Last Agent to Sell the Property

Vicenta Rodriguez

Banuelos Real Estate Group License #BR523128000 Listed on: 02/28/2021

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,337

Lot Details

  • 0.87 Acre Lot
  • Chain Link Fence
  • Property is zoned C-3 / C-G

Schools

  • Wilson Elementary School - Phoenix

Community Details

  • No Home Owners Association
  • C 3 Zoned. 0.87 Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 121-63-077

Property Details

Property Type

Land

Est. Annual Taxes

$5,337

Lot Details

0

Listing Details

  • Cross Street: Van Buren and E. 25th St.
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: C-3 / C-G
  • Tax Year: 2020
  • Directions: Van Buren to 25th Street,
  • Lot Size Acres: 0.87
  • Subdivision Name: C-3 Zoned. 0.87 Acres
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Chain Link, Other, See Remarks
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Wilson Elementary School - Phoenix

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 37897.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 121-63-077
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5337.0
  • Tax Book Number: 121.00
  • Tax Lot: -
  • Tax Map Number: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
May 19, 2021
Sold by
Lamas Eduardo Arellano and Chavez Oliva Cortez
Bought by
Kidane Mehari C and Asfaha Yihdega W
Seller's Agent
Vicenta Rodriguez
Banuelos Real Estate Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$580,000
Sold Price
$550,000
Premium/Discount to List
-$30,000
-5.17%
Current Estimated Value
$881,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,988
Avg. Annual Appreciation
11.30%
Original Mortgage
$350,000
Outstanding Balance
$317,187
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$564,801

Purchase Details

Closed on
Nov 26, 2018
Sold by
Arellano Eduardo
Bought by
Lamas Eduardo Arellano and Chavez Olivia Cortez

Purchase Details

Closed on
Nov 16, 2018
Sold by
Chiu Sung Yueh Chuang
Bought by
Arellano Eduardo

Purchase Details

Closed on
Sep 23, 2011
Sold by
Chiu Sung Yueh Chuang
Bought by
Lin Chiu Jui Chang and Lin Chiu Jui

Purchase Details

Closed on
Aug 28, 2001
Sold by
Larson Dunbar Corp
Bought by
Yang John Yann

Purchase Details

Closed on
Nov 1, 1994
Sold by
Sun Chia Cheng
Bought by
Chiu Chien Chi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,445
Interest Rate
8.86%
Mortgage Type
Seller Take Back
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
Kidane Mehari C $550,000 Clear Title Agency Of Az
Lamas Eduardo Arellano -- None Available
Arellano Eduardo $120,000 Equity Title Agency Inc
Lin Chiu Jui Chang -- None Available
Yang John Yann -- --
Chiu Chien Chi $250,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kidane Mehari C $350,000
Previous Owner Chiu Chien Chi $153,445
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $550,000 -5.2% --
05/06/2021 05/06/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $580,000 -- --
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 $5,582 $42,793 $42,793 --
2024 $5,608 $40,756 $40,756 --
2023 $5,608 $55,950 $55,950 $0
2022 $5,283 $42,855 $42,855 $0
2021 $5,360 $42,855 $42,855 $0
2020 $5,337 $43,410 $43,410 $0
2019 $5,315 $33,555 $33,555 $0
2018 $5,251 $32,175 $32,175 $0
2017 $4,880 $29,790 $29,790 $0
2016 $4,997 $27,585 $27,585 $0
2015 $5,590 $31,632 $31,632 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6200532

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-63-077