31 E Illini St Unit 6 Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $2,867/month
Highlights
- 0.84 Acre Lot
- No HOA
- Rectangular Lot
About This Lot
NO HOA! Utilities on site! GREAT DEAL FOR INVESTORS LOOKING TO BUILD APARTMENTS, MULTIFAMILY UNITS, OR EVEN A CUSTOM HOME! Incredible opportunity with R4 zoning and great development potential in a growing Phoenix location. Utilities are already on the property, adding convenience and value for future construction. Conveniently located near Downtown Phoenix with quick access to major freeways, shopping, dining, entertainment, and employment centers. Minutes from Chase Field, Footprint Center, Roosevelt Row, and the rapidly expanding downtown corridor. Whether you are looking for your next investment project or a prime lot to build on, this property offers flexibility and upside in an area seeing continued growth and redevelopment. Buyer to verify all facts, zoning, utilities, and intended use with the City of Phoenix.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,432
Lot Details
- 36,900 Sq Ft Lot
- Rectangular Lot
- Level Lot
- Property is zoned R-4
Additional Features
- North or South Exposure
- Natural Gas Not Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 113-11-026
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,432 | $10,595 | ||
| 2024 | $1,353 | $10,091 | ||
| 2023 | $1,353 | $18,880 | $3,770 | $15,110 |
| 2022 | $1,325 | $13,460 | $2,690 | $10,770 |
| 2021 | $585 | $11,460 | $2,290 | $9,170 |
| 2020 | $578 | $9,530 | $1,900 | $7,630 |
| 2019 | $558 | $7,710 | $1,540 | $6,170 |
| 2018 | $542 | $6,820 | $1,360 | $5,460 |
| 2017 | $505 | $5,380 | $1,070 | $4,310 |
| 2016 | $479 | $4,710 | $940 | $3,770 |
| 2015 | $445 | $3,780 | $750 | $3,030 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2026 06/30/26 | Price Changed | $499,999 | +18.3% | -- |
| 06/15/2026 06/15/26 | Sold | $422,500 | -15.5% | -- |
| 05/20/2026 05/20/26 | Pending | -- | -- | -- |
| 05/06/2026 05/06/26 | For Sale | $499,999 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | Title Usa Llc |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $164,401 | Construction | |
| Previous Owner | $95,300 | Unknown | |
| Previous Owner | $65,600 | Unknown |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7024310
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.
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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Ask me questions while you tour the home.