NOT LISTED FOR SALE

2525 E Illini St Unit 12 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $444,292 - $470,000

0.13 Acre
$3,548,638 Price per Acre
5,716 Sq Ft Lot

Last Sold August 31, 2018

Last sale price $42,000

Est. 998% increase in value since last sale

Current estimated payment $2,629/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

Year Built

  • 2020

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

Year Built

2020

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
  • Directions: West to 24th Street. South to Illini. East to pproperty.
  • Lot Size Acres: 0.13
  • Road Surface Type: Dedicated Street
  • Subdivision Name: SOUTHSIDE HOMESITES
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

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
Total Days on Market
6
Current Estimated Value
$461,323

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
$253,263
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$208,426

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
42.64%

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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Range of Values:

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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
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 Change Sq Ft Price
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 $2,166 $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

  • F

    Seller's Agent in 2018

    Frank Diaz

    Diaz Realty

  • R

    Buyer's Agent in 2018

    Richard Hanson

    A.R.I. & C.

    (602) 430-4426

    13 in this area

    49 Total Sales

    Richard Hanson
    Section Image

  • R

    Buyer's Agent in 2018

    Rick Hanson

    McClory Realty

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5801970

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-22-030

Arizona Maricopa County Phoenix 85040 South Mountain

2525 E Illini St Unit 12, Phoenix, AZ

This home is located at 2525 E Illini St Unit 12, Phoenix, AZ 85040 since 03 August 2018 and is currently estimated at $461,323. This property was built in 2020. 2525 E Illini St Unit 12 is a home located in Maricopa County with nearby schools including Percy L Julian 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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