NOT LISTED FOR SALE

2854 E Roeser Rd Unit 162 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $405,934 - $463,000

0.15 Acre
$2,899,893 Price per Acre
6,423 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $35,100

Est. 1,139% increase in value since last sale

Current estimated payment $2,503/month

1 Day on Market

About This Lot

As of January 2020

This excellent lot is being offered by a motivated seller. It is located near several new home builds. It's an excellent lot for an investor/ builder. This vacant lot is within minutes of a major interstate and minutes from Arizona State University.

Last Agent to Sell the Property

Edward Patterson

Americas Real Estate Properties License #SA655433000 Listed on: 01/07/2020

Last Buyer's Agent

Edward Patterson

Americas Real Estate Properties License #SA655433000 Listed on: 01/07/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $273

Year Built

  • 2020

Lot Details

  • 6,423 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned 5-3

Schools

  • Roosevelt Elementary School
  • Phoenix Union Bioscience High School

Community Details

  • No Home Owners Association
  • Wier Estates Lots 159 168 Subdivision

Listing and Financial Details

  • Tax Lot 162
  • Assessor Parcel Number 122-61-101

Property Details

Property Type

Land

Est. Annual Taxes

$273

Year Built

2020

Lot Details

0

Listing Details

  • Cross Street: East Roeser and south 29th street
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: 5-3
  • Tax Year: 2019
  • Lot Size Acres: 0.15
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: WIER ESTATES LOTS 159-168
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: Phoenix Union Bioscience High School
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Lot Size: .147 acres/6,423 sqt
  • Lot Size Sq Ft: 6423.0
  • Additional Parcels: No
  • Parcel #: 122-61-101
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 273.0
  • Tax Book Number: 122.00
  • Tax Lot: 162
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
Hpa Us2 Llc
Bought by
Hpa Ii Borrower 2021 1 Llc
Total Days on Market
1
Current Estimated Value
$434,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,586,005
Outstanding Balance
$381,539,367
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
-$381,101,391

Purchase Details

Closed on
Dec 3, 2020
Sold by
Picacho Peak Construction Llc
Bought by
Hpa Us2 Llc

Purchase Details

Listed on
Jan 7, 2020
Closed on
Jan 31, 2020
Sold by
Petterson Com Land Acquisition & Dev
Bought by
Picacho Peak Construction Llc
Seller's Agent
Edward Patterson
Americas Real Estate Properties
Buyer's Agent
Edward Patterson
Americas Real Estate Properties
List Price
$35,000
Sold Price
$35,100
Premium/Discount to List
$100
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.57%

Purchase Details

Closed on
Jan 24, 2018
Sold by
Allen Alma
Bought by
Patterson Commercial Land Acquisition & and Acquisition Patterson Commercial

Purchase Details

Closed on
Dec 7, 2017
Sold by
Abc Entities I X
Bought by
Patterson Commercial Land Acquisitions & and Acquisitions Patterson Commercial
Source: Public Records

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Range of Values:

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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
Hpa Ii Borrower 2021 1 Llc -- Realtech Title Llc
Hpa Us2 Llc $300,000 Realtech Title Llc
Picacho Peak Construction Llc $35,100 Security Title Agency Inc
Patterson Commercial Land Acquisition & $23,000 None Available
Patterson Commercial Land Acquisitions & $23,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hpa Ii Borrower 2021 1 Llc $414,586,005
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $35,100 +0.3% --
01/06/2020 01/06/20 For Sale $35,000 -- --
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 $2,335 $15,894 -- --
2024 $2,268 $15,138 -- --
2023 $2,268 $27,600 $5,520 $22,080
2022 $2,223 $21,220 $4,240 $16,980
2021 $2,268 $19,230 $3,840 $15,390
2020 $282 $3,165 $3,165 $0
2019 $273 $3,045 $3,045 $0
2018 $266 $2,175 $2,175 $0
2017 $253 $1,695 $1,695 $0
2016 $241 $1,665 $1,665 $0
2015 $242 $2,192 $2,192 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6020365

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-61-101