NOT LISTED FOR SALE

Estimated Value: $325,000 - $824,838

0.91 Acre
$745,286 Price per Acre
39,640 Sq Ft Lot

Last Sold May 29, 2024

Last sale price $805,000

Est. 16% decrease in value since last sale

Current estimated payment $3,754/month

56 Days on Market

Highlights

  • 0.91 Acre Lot
  • No HOA
  • Partially Fenced Property
  • Phoenix Coding Academy Rated A

About This Lot

As of May 2024

Infill residential lot located in a desirable and revitalizing area, presenting a fantastic redevelopment opportunity. The property is ready for a new chapter, with three residential structures dating back to 1930's/1960's on a ±0.91-acre lot. Located near Thomas and 24th St, between Virginia and Oak Streets, within easy reach of the entire valley via nearby SR-51 and 202 freeways, this property holds promise for creative redevelopment in a primarily residential area.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 02/23/2024

Co-Listed By

Tommy Moore

R.O.I. Properties License #SA708560000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,246

Lot Details

  • 0.91 Acre Lot
  • Partially Fenced Property
  • Property is zoned R1-6

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 120-33-046

Property Details

Property Type

Land

Est. Annual Taxes

$2,246

Lot Details

0

Listing Details

  • Cross Street: 24th St & Thomas Rd
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R1-6
  • Tax Year: 2023
  • Lot Size Acres: 0.91
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Fencing: Partial
  • Disclosures: Other (See Rmks)
  • Other Structures: Other, See Remarks

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: See Tax Assessor
  • Lot Size Sq Ft: 39640.0
  • Additional Parcels: No
  • Parcel #: 120-33-046

Tax Info

  • Tax Annual Amount: 2246.0
  • Tax Book Number: 120.00
  • Tax Lot: -
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
May 29, 2024
Sold by
Geary Wallace Frederick and Geary Virginia Faye
Bought by
Trombetta Andrew F
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$850,000
Sold Price
$805,000
Premium/Discount to List
-$45,000
-5.29%
Views
63
Current Estimated Value
$678,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$126,790
Avg. Annual Appreciation
-10.60%

Purchase Details

Closed on
Aug 9, 2021
Sold by
Geary Wallace Frederick
Bought by
Geary Wallace Frederick and Wallace Frederick Geary Jr Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trombetta Andrew F $805,000 Clear Title Agency Of Arizona
Geary Wallace Frederick -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Sold $805,000 -5.3% --
04/20/2024 04/20/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $850,000 -- --
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 $2,361 $17,478 -- --
2024 $2,246 $16,646 -- --
2023 $2,246 $72,150 $14,430 $57,720
2022 $2,158 $53,250 $10,650 $42,600
2021 $2,210 $46,410 $9,280 $37,130
2020 $2,157 $38,220 $7,640 $30,580
2019 $2,141 $29,310 $5,860 $23,450
2018 $2,097 $26,420 $5,280 $21,140
2017 $2,016 $22,960 $4,590 $18,370
2016 $1,938 $20,250 $4,050 $16,200
2015 $1,803 $17,370 $3,470 $13,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6668068

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-33-046