NOT LISTED FOR SALE

2525 E Illini St Unit 12 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $416,106 - $472,000

0.13 Acre
$3,450,208 Price per Acre
5,716 Sq Ft Lot

Last Sold August 31, 2018

Last sale price $42,000

Est. 963% increase in value since last sale

Current estimated payment $2,520/month

6 Days on Market

About This Lot

As of August 2018

Great Opportunity to Build your very own Custom Home!!!! Area is in Re-Developing stage and has New Homes throughout.

Last Agent to Sell the Property

Frank Diaz

Diaz Realty License #BR024797000 Listed on: 08/03/2018

Last Buyer's Agent

Richard Hanson

A.R.I. & C. License #BR110782000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $234

Lot Details

  • 5,716 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned R1

Eco-Friendly Details

  • North or South Exposure

Schools

  • Roosevelt Elementary School
  • Phoenix Union Cyber High School

Community Details

  • No Home Owners Association
  • Southside Homesites Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 122-22-030

Property Details

Property Type

Land

Est. Annual Taxes

$234

Lot Details

0

Listing Details

  • Cross Street: Broadway and 32nd Street
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land, On Site Imp Needed
  • Zoning: R1
  • Tax Year: 2017
  • Lot Size Acres: 0.13
  • Road Surface Type: Dedicated Street
  • Subdivision Name: SOUTHSIDE HOMESITES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Lot Features: North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: Phoenix Union Cyber High School
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 132 x 65
  • Lot Size Sq Ft: 5716.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 122-22-030
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 234.0
  • Tax Book Number: 122.00
  • Tax Lot: 12
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2020
Sold by
Kc2
Bought by
Tapia Ninive Nava
Current Estimated Value
$446,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,337
Outstanding Balance
$250,525
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$198,002

Purchase Details

Closed on
Apr 3, 2019
Sold by
Rck Resources Llc
Bought by
Kc2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 3, 2018
Closed on
Aug 16, 2018
Sold by
Brown Darwin and Brown Zunika
Bought by
Rck Resources Llc
Seller's Agent
Frank Diaz
Diaz Realty
Buyer's Agent
Richard Hanson
A.R.I. & C.
List Price
$44,900
Sold Price
$42,000
Premium/Discount to List
-$2,900
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.84%

Purchase Details

Listed on
Aug 3, 2018
Closed on
Aug 14, 2018
Sold by
Brown Christopher and Brown Nina Lois
Bought by
Brown Darwin and Brown Zunika
Seller's Agent
Frank Diaz
Diaz Realty
Buyer's Agent
Richard Hanson
A.R.I. & C.
List Price
$44,900
Sold Price
$42,000
Premium/Discount to List
-$2,900
-6.46%

Purchase Details

Closed on
Apr 14, 2018
Sold by
Brown Christopher and Brown Nina Lois
Bought by
Brown Darwin and Brown Zunika
Source: Public Records
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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
Tapia Ninive Nava $292,100 Security Title Agency Inc
Kc2 Llc $120,000 Security Title Agency Inc
Rck Resources Llc $42,000 Security Title Agency Inc
Brown Darwin -- Security Title Agency
Brown Darwin $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Ninive Nava $283,337
Previous Owner Kc2 Llc $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $42,000 -6.5% --
08/09/2018 08/09/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $44,900 -- --
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 $2,223 $16,447 -- --
2024 $2,100 $15,664 -- --
2023 $2,100 $27,980 $5,590 $22,390
2022 $2,057 $21,680 $4,330 $17,350
2021 $2,121 $19,610 $3,920 $15,690
2020 $260 $2,865 $2,865 $0
2019 $252 $2,760 $2,760 $0
2018 $245 $1,980 $1,980 $0
2017 $234 $1,545 $1,545 $0
2016 $222 $1,515 $1,515 $0
2015 $223 $2,016 $2,016 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5801970

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-22-030