NOT LISTED FOR SALE

27 S 40th Place Unit 16 Phoenix, AZ 85034

Central City Neighborhood

Estimated Value: $159,364 - $472,000

0.16 Acre
$1,973,012 Price per Acre
7,149 Sq Ft Lot

Last Sold November 19, 2021

Last sale price $150,000

Est. 110% increase in value since last sale

Current estimated payment $1,780/month

116 Days on Market

About This Lot

As of November 2021

This A-1 Industrial Zoned lot is in a prime location between 40th St & 44th St south of Washington St near the Phoenix Sky Harbor International Airport and immediate proximity to the PHX Sky Train Station and Valley Metro Light Rail Station at 44th St & Washington. The Union Pacific Rail Line is close by, just south of Madison St. Additionally this lot has easy access to the Valley Highway System via the near by 143 and 202. The lot is currently leased on a month-to-month, please do not disturb tenant.

Last Agent to Sell the Property

Jon Anderson

HomeSmart License #SA108968000 Listed on: 06/28/2021

HomeSmart

Last Buyer's Agent

Jon Anderson

HomeSmart License #SA108968000 Listed on: 06/28/2021

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,141

Lot Details

  • 7,149 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned A-1

Community Details

  • No Home Owners Association
  • Portland Tract Blks 4 7, Lots 1 12 Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 124-07-028

Property Details

Property Type

Land

Est. Annual Taxes

$1,141

Lot Details

0

Listing Details

  • Cross Street: Washington & 40th Street
  • Legal Info Range: 4E
  • Property Type: Land
  • Zoning: A-1
  • Tax Year: 2020
  • Directions: From 40th St & Washington, East on Washington to 40th Pl, then South on 40th Pl to Property on the East Side of 40th Pl.
  • Lot Size Acres: 0.16
  • Subdivision Name: PORTLAND TRACT BLKS 4-7, LOTS 1-12
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Industrial

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None

Utilities

  • Electric: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50' x 132'
  • Lot Size Sq Ft: 7149.0
  • Additional Parcels: No
  • Parcel #: 124-07-028
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1141.0
  • Tax Book Number: 124.00
  • Tax Lot: 16
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Nov 17, 2021
Sold by
Candelaria Frank and Candelaria Dahlia
Bought by
James Fox Enterprises Ltd
Seller's Agent
Jon Anderson
HomeSmart
Buyer's Agent
Jon Anderson
HomeSmart
List Price
$200,000
Sold Price
$150,000
Premium/Discount to List
-$50,000
-25%
Current Estimated Value
$315,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,682
Avg. Annual Appreciation
21.14%

Purchase Details

Closed on
May 15, 2018
Sold by
Leon Jonathan Michael and Contreras Araceli
Bought by
Candelaria Frank and Candelaria Dahlia

Purchase Details

Listed on
Apr 18, 2013
Closed on
Feb 6, 2014
Sold by
Wolosoff Dorothy
Bought by
Leon Jonathan Michael and Contreras Aracell
Seller's Agent
Hani Aldulaimi
Keller Williams Realty East Valley
Buyer's Agent
Hani Aldulaimi
Keller Williams Realty East Valley
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.30%
Original Mortgage
$40,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
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
James Fox Enterprises Ltd $150,000 Equitable Title Agency
Candelaria Frank $100,000 Empire West Title Agency Llc
Leon Jonathan Michael $60,000 First Arizona Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leon Jonathan Michael $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2021 11/19/21 Sold $150,000 -25.0% --
10/22/2021 10/22/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $200,000 +24900.0% --
12/16/2019 12/16/19 Sold $800 -33.3% -- View Prior Sale
11/06/2019 11/06/19 For Sale $1,200 -98.0% --
02/10/2014 02/10/14 Sold $60,000 0.0% -- View Prior Sale
02/03/2014 02/03/14 Pending -- -- --
04/11/2013 04/11/13 For Sale $60,000 -- --
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 $1,197 $9,969 $9,969 --
2024 $1,186 $9,494 $9,494 --
2023 $1,186 $11,775 $11,775 $0
2022 $1,143 $11,415 $11,415 $0
2021 $1,162 $11,415 $11,415 $0
2020 $1,141 $10,710 $10,710 $0
2019 $1,137 $9,660 $9,660 $0
2018 $1,071 $7,575 $7,575 $0
2017 $1,025 $7,020 $7,020 $0
2016 $1,003 $6,495 $6,495 $0
2015 $1,004 $6,528 $6,528 $0
Source: Public Records

Agents Affiliated with this Home

  • Jon Anderson

    Seller's Agent in 2021

    Jon Anderson

    HomeSmart

    (602) 625-3507

    1 in this area

    25 Total Sales

    Jon Anderson
    Section Image

  • B

    Buyer Co-Listing Agent in 2021

    Blake Waters

    HomeSmart

    Section Image

  • M

    Seller's Agent in 2019

    Matthew Backes

    HomeSmart

    Section Image

  • H

    Seller's Agent in 2014

    Hani Aldulaimi

    Keller Williams Realty East Valley

    (480) 839-6600

    2 in this area

    31 Total Sales

    Hani Aldulaimi
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6257010

Arizona Regional Multiple Listing Service (ARMLS)

APN: 124-07-028

Arizona Maricopa County Phoenix 85034 Central City

27 S 40th Place Unit 16, Phoenix, AZ

This home is located at 27 S 40th Place Unit 16, Phoenix, AZ 85034 since 28 June 2021 and is currently estimated at $315,682. 27 S 40th Place Unit 16 is a home located in Maricopa County with nearby schools including David Crockett School, Camelback 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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