NOT LISTED FOR SALE

2531 E Jones Ave Unit 99 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $410,241 - $474,000

0.18 Acre
$2,423,944 Price per Acre
7,797 Sq Ft Lot

Last Sold July 30, 2017

Last sale price $38,000

Est. 1,070% increase in value since last sale

Current estimated payment $2,500/month

2 Days on Market

About This Lot

As of July 2017

Great Location, well developed area, build your own home, has all connections on property, easy access to downtown and freeways

Last Agent to Sell the Property

Kim Brauneis

1912 Realty License #SA671545000 Listed on: 06/29/2017

Last Buyer's Agent

Richard Hanson

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

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $281

Lot Details

  • 7,797 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
  • Peila Homes Subdivision

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 122-21-143

Property Details

Property Type

Land

Est. Annual Taxes

$281

Lot Details

0

Listing Details

  • Cross Street: Broadway and 32nd Street
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Plans Available
  • Zoning: R1
  • Tax Year: 2016
  • Lot Size Acres: 0.18
  • Road Surface Type: Dedicated Street
  • Subdivision Name: PEILA HOMES
  • 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: 7797.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 122-21-143
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 281.0
  • Tax Book Number: 122.00
  • Tax Lot: 99
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2018
Sold by
Edee Holdings Inc
Bought by
Morales Rolando Villian and Morales Elisa Villan
Current Estimated Value
$444,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,463
Outstanding Balance
$212,139
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$224,171

Purchase Details

Listed on
Jun 29, 2017
Closed on
Jul 27, 2017
Sold by
Killman Justin
Bought by
Edee Holdings Llc
Seller's Agent
Kim Brauneis
1912 Realty
Buyer's Agent
Richard Hanson
A.R.I. & C.
List Price
$42,500
Sold Price
$38,000
Premium/Discount to List
-$4,500
-10.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.44%

Purchase Details

Closed on
Mar 10, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Killman Justin

Purchase Details

Closed on
Sep 28, 2009
Sold by
Houston James and Indymac Bank Fsb
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 7, 2005
Sold by
Gee Thomas D
Bought by
Houston James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2005
Sold by
Marken Ventures Llc
Bought by
Gee Thomas

Purchase Details

Closed on
Mar 17, 2005
Sold by
Jamison Nancy L
Bought by
Marken Ventures Llc
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
Morales Rolando Villian $244,900 Empire West Title Agency Llc
Edee Holdings Llc $38,000 Empire West Title Agency Llc
Killman Justin $6,500 Great American Title Agency
Deutsche Bank National Trust Company $18,000 Fidelity Natl Title Ins Co
Houston James $65,000 Dhi Title Of Arizona Inc
Gee Thomas -- Dhi Title Of Arizona Inc
Gee Thomas -- --
Marken Ventures Llc $25,000 Dhi Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Rolando Villian $240,463
Previous Owner Houston James $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2017 07/30/17 Sold $38,000 -10.6% --
07/01/2017 07/01/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $42,500 -- --
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 $2,082 $15,399 -- --
2024 $1,967 $14,666 -- --
2023 $1,967 $28,610 $5,720 $22,890
2022 $1,926 $21,950 $4,390 $17,560
2021 $1,986 $19,900 $3,980 $15,920
2020 $1,961 $18,820 $3,760 $15,060
2019 $1,894 $15,960 $3,190 $12,770
2018 $310 $2,550 $2,550 $0
2017 $295 $1,965 $1,965 $0
2016 $281 $1,950 $1,950 $0
2015 $282 $2,496 $2,496 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5626495

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-21-143