NOT LISTED FOR SALE

2529 E Van Buren St Phoenix, AZ 85008

Central City Neighborhood

Estimated Value: $312,821

0.79 Acre
$395,976 Price per Acre
34,412 Sq Ft Lot

Last Sold September 25, 2018

Last sale price $180,000

Est. 74% increase in value since last sale

Current estimated payment $2,332/month

597 Days on Market

About This Lot

As of September 2018

BILLBOARD LEASE CONVEYS WITH PROPERTY! C-3 Zoned nearly an acre ready to be developed, the second rectangle lot east of the Airport Inn Motel. Near the Airport and many households this is an ideal location for just about any retail or commercial establishment or buy and hold at this great price! This parcel has a storage building located on the property. 0.87 ACRE PARCEL NEXT TO THIS ONE ON THE WEST BOUNDARY FOR SALE TOO...See MLS 5496256. BUY BOTH! 1.66 ACRES TOTAL!

Last Agent to Sell the Property

Tom 'BIG T' Ross

Coldwell Banker Realty License #SA642903000 Listed on: 01/13/2017

Coldwell Banker Realty

Last Buyer's Agent

Vicenta Rodriguez

Banuelos Real Estate Group License #BR523128000

Property Details

Property Type

  • Land

Lot Details

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

Schools

  • Wilson Elementary School

Community Details

  • No Home Owners Association
  • C 3 Zoned. 0.79 Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 121-63-108

Property Details

Property Type

Land

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: 2017
  • Directions: Frontage on Van Buren, Rear on Monroe St.
  • Lot Size Acres: 0.79
  • Subdivision Name: C-3 Zoned. 0.79 Acres
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Wilson Elementary School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: RECTANGLE
  • Lot Size Sq Ft: 34412.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 121-63-108
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4618.0
  • Tax Book Number: 121.00
  • Tax Lot: -
  • Tax Map Number: 63.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2017
Closed on
Sep 20, 2018
Sold by
Stumme Clifford R and The Clifford R Stumme Trust
Bought by
Arellano Jose A and Arellano Maria C
Seller's Agent
Tom 'BIG T' Ross
Coldwell Banker Realty
Buyer's Agent
Vicenta Rodriguez
Banuelos Real Estate Group
List Price
$275,000
Sold Price
$180,000
Premium/Discount to List
-$95,000
-34.55%
Current Estimated Value
$312,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,821

Purchase Details

Closed on
Jul 5, 2006
Sold by
Clifford & Joyce Stumme Revocable Living
Bought by
Stumme Clifford R and The Clifford R Stumme Trust

Purchase Details

Closed on
Mar 7, 2003
Sold by
Centerpointe Investments Llc
Bought by
Stumme Clifford R and Stumme Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2003
Sold by
Stumme Clifford R and Stumme Joyce M
Bought by
Centerpointe Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2002
Sold by
Stumme Clifford R and Stumme Joyce M
Bought by
Stumme Clifford R and Stumme Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
7.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 22, 1996
Sold by
Cirilo Manuel and Cirilo Juanita S
Bought by
Patel Vinodchandra M and Patel Jyotiben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.04%
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
Arellano Jose A $180,000 Equity Title Agency Inc
Stumme Clifford R -- None Available
Stumme Clifford R $261,320 Capital Title
Centerpointe Investments Llc $340,000 Capital Title Agency Inc
Stumme Clifford R -- First American Title
Stumme Clifford R $180,000 First American Title
Patel Vinodchandra M $130,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Centerpointe Investments Llc $304,000
Previous Owner Stumme Clifford R $58,400
Previous Owner Patel Vinodchandra M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2018 09/25/18 Sold $180,000 -34.5% --
01/13/2017 01/13/17 For Sale $275,000 -- --
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 $7,575 $56,313 -- --
2024 $5,306 $55,307 -- --
2023 $5,306 $52,095 $51,615 $480
2022 $4,998 $40,605 $40,170 $435
2021 $5,072 $40,590 $40,170 $420
2020 $5,050 $41,160 $40,620 $540
2019 $5,029 $31,935 $31,425 $510
2018 $4,968 $30,315 $29,820 $495
2017 $4,618 $28,125 $27,600 $525
2016 $4,728 $26,100 $25,560 $540
2015 $5,261 $29,776 $29,216 $560
Source: Public Records

Agents Affiliated with this Home

  • Tom 'BIG T' Ross

    Seller's Agent in 2018

    Tom 'BIG T' Ross

    Coldwell Banker Realty

    (480) 239-0900

    1 in this area

    71 Total Sales

    Tom 'BIG T' Ross
    Section Image

  • V

    Buyer's Agent in 2018

    Vicenta Rodriguez

    Banuelos Real Estate Group

    (602) 841-4100

    2 in this area

    28 Total Sales

    Vicenta Rodriguez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5546570

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-63-108

Arizona Maricopa County Phoenix 85008 Central City

2529 E Van Buren St, Phoenix, AZ

This home is located at 2529 E Van Buren St, Phoenix, AZ 85008 since 13 January 2017 and is currently priced at $312,821. 2529 E Van Buren St is a home located in Maricopa County with nearby schools including Wilson Primary School, Wilson Elementary School, and Camelback High School.

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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