NOT LISTED FOR SALE

2725 E Wood St Unit 128 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $370,000 - $478,000

0.18 Acre
$2,416,100 Price per Acre
7,709 Sq Ft Lot

Last Sold August 03, 2018

Last sale price $50,100

Est. 768% increase in value since last sale

Current estimated payment $2,484/month

1 Day on Market

About This Lot

As of August 2018

This is a great infill opportunity! This vacant lot is .18 acre, Zoned R-3, and is ready for your development plans. R-3 Zoning will allow Detached Single Family 5 To 6.5 Or 12 W/Bonus per acre) (Attached 14.5 To 15.23 Or 17.4 W/Bonus per acre). Lot is perfect for a multi family duplex or tri-plex or a new Single Family home.

Last Agent to Sell the Property

Victor Vidales

RE/MAX Desert Showcase License #SA552425000 Listed on: 07/20/2018

RE/MAX Desert Showcase

Co-Listed By

Florentina Vidales

RE/MAX Desert Showcase License #SA584307000

Last Buyer's Agent

Richard Hanson

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

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $292

Lot Details

  • 7,709 Sq Ft Lot

Community Details

  • No Home Owners Association
  • North Broadway Estates 1 Lots 141 159 Subdivision

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number 122-20-069

Property Details

Property Type

Land

Est. Annual Taxes

$292

Lot Details

7,709 Sq Ft Lot

Listing Details

  • Cross Street: 24th St & Broadway Rd
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: Residential
  • Tax Year: 2017
  • Horses: No
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: show02
  • Co List Office Phone: 602-296-0100
  • Subdivision Name: NORTH BROADWAY ESTATES 1 LOTS 141-159
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: Other (See Rmks)
  • Water Source: See Remarks, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: Rectangular
  • Lot Size Sq Ft: 7709.0
  • Additional Parcels: No
  • Parcel #: 122-20-069

Tax Info

  • Tax Annual Amount: 292.0
  • Tax Book Number: 122.00
  • Tax Lot: 128
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Ramirez Yoshio and Pena Antonio Ramirez
Bought by
Ramirez Yosiho
Current Estimated Value
$434,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$275,921
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$158,977

Purchase Details

Closed on
Aug 2, 2019
Sold by
Kc2 Llc
Bought by
Ramirez Ramirez Yoshio Yoshio and Ramirez Pena Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,503
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 14, 2018
Sold by
M & M Home Solutions Llc
Bought by
Kc 2 Llc
Seller's Agent
Victor Vidales
RE/MAX Desert Showcase
Buyer's Agent
Richard Hanson
A.R.I. & C.
List Price
$500,000
Sold Price
$50,100
Premium/Discount to List
-$449,900
-89.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.79%
Original Mortgage
$290,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 1, 2018
Sold by
Vega Claudia Guadalupe Mendivil
Bought by
Kc 2 Llc
Seller's Agent
Victor Vidales
RE/MAX Desert Showcase
Buyer's Agent
Richard Hanson
A.R.I. & C.
List Price
$500,000
Sold Price
$50,100
Premium/Discount to List
-$449,900
-89.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2015
Sold by
Torres Saul
Bought by
Vega Claudia Guadalupe Mendivil

Purchase Details

Closed on
Jul 11, 2013
Sold by
Matlock Brian
Bought by
Torres Saul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 17, 2013
Sold by
Cortez Evencio
Bought by
Matlock Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.98%
Mortgage Type
Unknown
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
Ramirez Yosiho -- First American Title Ins Co
Ramirez Ramirez Yoshio Yoshio $279,900 Security Title Agency Inc
Kc 2 Llc $37,000 North American Title Company
Kc 2 Llc $50,100 Old Republic Title Agency
Vega Claudia Guadalupe Mendivil -- None Available
Torres Saul $26,000 Security Title Agency
Matlock Brian $11,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Yosiho $300,000
Closed Ramirez Ramirez Yoshio Yoshio $271,503
Previous Owner Kc 2 Llc $290,000
Previous Owner Torres Saul $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2018 08/03/18 Sold $50,100 -90.0% --
07/20/2018 07/20/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $500,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $2,657 $17,625 -- --
2024 $2,776 $16,786 -- --
2023 $2,776 $29,310 $5,860 $23,450
2022 $2,204 $22,480 $4,490 $17,990
2021 $2,273 $20,470 $4,090 $16,380
2020 $2,245 $19,450 $3,890 $15,560
2019 $315 $3,525 $3,525 $0
2018 $306 $2,520 $2,520 $0
2017 $292 $1,950 $1,950 $0
2016 $278 $1,935 $1,935 $0
2015 $279 $2,464 $2,464 $0
Source: Public Records

Agents Affiliated with this Home

  • Victor Vidales

    Seller's Agent in 2018

    Victor Vidales

    RE/MAX

    (602) 617-8293

    28 in this area

    78 Total Sales

    Victor Vidales
    Section Image
  • Florentina Vidales

    Seller Co-Listing Agent in 2018

    Florentina Vidales

    RE/MAX

    (602) 799-0428

    19 in this area

    55 Total Sales

    Florentina Vidales
    Section Image

  • R

    Buyer's Agent in 2018

    Richard Hanson

    A.R.I. & C.

    (602) 430-4426

    12 in this area

    48 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: 5795889

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-20-069

Arizona Maricopa County Phoenix 85040 South Mountain

2725 E Wood St Unit 128, Phoenix, AZ

Not Listed for Sale

Lots

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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