NOT LISTED FOR SALE

Estimated Value: $292,000 - $540,000

1.5 Acres
$242,997 Price per Acre
65,340 Sq Ft Lot

Last Sold February 20, 2012

Last sale price $53,000 $1 Per Sq Ft

Est. 588% increase in value since last sale

Current estimated payment $2,172/month

116 Days on Market

Highlights

  • City Lights View
  • 1.5 Acre Lot
  • Gentle Sloping Lot
  • Phoenix Coding Academy Rated A
  • Rectangular Lot

About This Lot

As of February 2012

Improved lot on a paved street with fill dirt for site preparation on property. 4'' water main at curb and SRP transformer on site. Spectacular 360 degree city and goregous mtn views. High end custom homes surround the property, terrific views of the valley and city lights without the noise. Your own piece of paradise!!

Last Agent to Sell the Property

Stephen Horn

Real Broker License #SA518040000 Listed on: 10/03/2011

Co-Listed By

Patricia Tyson-Temple

HomeSmart License #SA547501000

Last Buyer's Agent

Raghed Masalkhi

Jamal Abdallah License #SA582114000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,622

Lot Details

  • 1.5 Acre Lot
  • Rectangular Lot
  • Gentle Sloping Lot
  • Property is zoned RE-35

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 65,251 Sq Ft Home

Schools

  • Laveen Elementary School
  • Laveen Elementary Middle School
  • Cesar Chavez High School

Community Details

  • $3,633 per year Dock Fee

Property Details

Property Type

Land

Est. Annual Taxes

$1,622

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Cross Street: 27th Ave & Dobbins
  • Legal Info Lot Number: 1
  • Legal Info Range: 2E
  • Legal Info Section: 12
  • Legal Info Township: 1S
  • Roads Streets: Private Street
  • Property Type: C
  • Estimated Deeded Fee Acres: 1.50
  • Estimated G N Sq Ft: G
  • Estimated Total Acres: 1.50
  • Estimated Total Acres G N: G
  • Assessor Parcel Number: 98.00
  • Current Density: 00 - 01 Units P/Acre
  • Development Status: Raw Land
  • Displayon Public Websites: Y
  • Elevation: 1,001 - 2,000 Ft
  • Existing Land Use: Residential Lot
  • Freeway Highway: 2.1 - 5 Miles
  • Hndrd Blk Directionl: S
  • Hundred Block: 10700
  • Land Configuration: Square Rectangular
  • Land Features: City Light View(s), Mountain View(s), North/South Exp
  • Parcel Size: 1.00 - 2.49 Acres
  • Potential Use: Single Family
  • Price Per Acre: 46666.66
  • Price Per Sq Ft: 1.07
  • Proposed Density: 00 - 01 Units P/Acre
  • Topography: Gentle Sloping
  • Traffic Count: Not Available
  • Type: Er
  • Zoned Presently: Single Family
  • Zoning: RE-35
  • Map Code Grid: S33
  • Tax Year: 2011
  • Directions: South on 27th Avenue and Dobbin to Mountain, Turn East, acre is on North side. Property to east of last home on North side of Elliot,
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 65251.00

Exterior Features

  • Horses: Y
  • Lot Number: 1

Utilities

  • Water: City Franchise
  • Electric: Srp
  • Gas: Propane Bottled

Schools

  • Elementary School: Laveen Elementary School
  • Middle School: Laveen Elementary School
  • High School: Cesar Chavez High School
  • Elementary School: Laveen Elementary School
  • High School: Cesar Chavez High School
  • Jr High School: Laveen Elementary School

Lot Info

  • Lot Size: 220 X 297

Tax Info

  • Taxes: 3633.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2023
Sold by
Erickson Troy Grant
Bought by
2520 W Elliot Rd Llc
Total Days on Market
116
Current Estimated Value
$364,495

Purchase Details

Closed on
Jun 18, 2020
Sold by
Masalkhi Muttaa and Masalkhi Raghes
Bought by
Erickson Troy Grant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.2%
Mortgage Type
Balloon

Purchase Details

Listed on
Oct 3, 2011
Closed on
Feb 16, 2012
Sold by
Spore Herbert
Bought by
Masalkhi Muttaa and Masalkhi Raghed
Seller's Agent
Stephen Horn
Real Broker
Buyer's Agent
Raghed Masalkhi
Jamal Abdallah
List Price
$100,000
Sold Price
$53,000
Premium/Discount to List
-$47,000
-47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.56%

Purchase Details

Closed on
Jul 25, 2001
Sold by
Blessing Larry and Blessing Dori
Bought by
Spore Herbert

Purchase Details

Closed on
Mar 6, 1998
Sold by
Chandragiri N R and Chandragiri S
Bought by
Chandragiri Niranjan and Chandragiri Savita
Source: Public Records

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Range of Values:

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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
2520 W Elliot Rd Llc $295,000 Pioneer Title Services
Erickson Troy Grant $195,000 Empire West Title Agency Llc
Masalkhi Muttaa $53,000 Infinity Title Agency
Spore Herbert $108,333 Lawyers Title Of Arizona Inc
Chandragiri Niranjan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erickson Troy Grant $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2012 02/20/12 Sold $53,000 -47.0% $1 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
10/03/2011 10/03/11 For Sale $100,000 -- $2 / Sq Ft
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 $1,622 $10,519 $10,519 --
2024 $1,593 $10,018 $10,018 --
2023 $1,593 $28,980 $28,980 $0
2022 $1,547 $20,505 $20,505 $0
2021 $1,547 $20,370 $20,370 $0
2020 $1,508 $18,255 $18,255 $0
2019 $1,509 $15,450 $15,450 $0
2018 $1,441 $17,985 $17,985 $0
2017 $1,367 $18,390 $18,390 $0
2016 $1,302 $14,355 $14,355 $0
2015 $1,253 $12,016 $12,016 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4655659

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-16-098