$175,000
SOLD APR 6, 2020

3121 N Black Canyon Hwy Unit C Phoenix, AZ 85015

Encanto Neighborhood
0.47 Acre
$372,340 Price per Acre
20,473 Sq Ft Lot

Recently Sold

10% Below List Price

329 Days on Market

About This Lot

As of April 2020

BEST VALUE for this I-17 FRONTAGE lot , MULTI FAMILY,EASY BUILT for HIGH POTENTIAL BUSINESS OPPORTUNITIES including :RESIDENTIAL CONDOS, TOWN HOMES, APTS, OFFICE, MEDICAL,HOTEL/MOTEL, GROUP HOME,HOSPICE,ETC subject to city PERMITS AND USE. DUAL ACCES FROM BACK ALLEY AND 90 FT FRONTAGE
WATER,SEWER AND ELECTRIC ARE ALL AT LOT LINE.
CURRENTLY ZONED as 618 R-5 MULTIFAMILY RESIDENCE DISTRICT

Last Agent to Sell the Property

Adela Gheorghe

AMG 4 Kingdom Realty License #BR548348000 Listed on: 03/13/2019

Last Buyer's Agent

Christopher Holton

Keller Williams Integrity First License #SA676122000

Keller Williams Integrity First

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $110

Lot Details

  • 0.47 Acre Lot
  • Block Wall Fence
  • Property is zoned R-5

Community Details

  • No Home Owners Association
  • Siesta Terrace 2 Annex Subdivision

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number 110-22-034-A

Property Details

Property Type

Land

Est. Annual Taxes

$110

Lot Details

0

Listing Details

  • Cross Street: I-17 & THOMAS RD
  • Legal Info Range: 2E
  • Property Type: Land
  • Zoning: R-5
  • Tax Year: 2018
  • Lot Size Acres: 0.47
  • Road Surface Type: Concrete
  • Subdivision Name: SIESTA TERRACE 2 ANNEX
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Commercial, Office, Hotel/Motel

Exterior Features

  • Fencing: Block
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 92X229 W. I17 FRONTAGE
  • Lot Size Sq Ft: 20516.0
  • Additional Parcels: No
  • Parcel #: 110-22-034-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 110.0
  • Tax Book Number: 110.00
  • Tax Lot: C
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2019
Closed on
Mar 23, 2020
Sold by
Gheo Legacy Llc
Bought by
Wcg Development Llc
Seller's Agent
Adela Gheorghe
AMG 4 Kingdom Realty
Buyer's Agent
Christopher Holton
Keller Williams Integrity First
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.07%

Purchase Details

Closed on
Jan 18, 2018
Sold by
Joint Ventures Llc
Bought by
Gheo Legacy Llc

Purchase Details

Closed on
May 11, 2010
Sold by
Isfan Pavel and Isfan Elena
Bought by
Joint Ventures Llc

Purchase Details

Closed on
May 20, 1998
Sold by
Phoenix 88 Inc
Bought by
Isfan Pavel and Isfan Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,800
Interest Rate
7.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 1998
Sold by
Reid Joseph P
Bought by
Isfan Pavel and Isfan Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,800
Interest Rate
7.17%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $175,000 First American Title Ins Co
Special Warranty Deed -- None Available
Cash Sale Deed $5,000 Accommodation
Warranty Deed $436,000 First American Title Ins
Joint Tenancy Deed $40,000 North American Title Agency
Interfamily Deed Transfer -- North American Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,000 New Conventional
Previous Owner $348,800 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2025 04/05/25 For Sale $530,000 +202.9% --
04/06/2020 04/06/20 Sold $175,000 -9.8% --
08/10/2019 08/10/19 Price Changed $194,000 -0.5% --
03/13/2019 03/13/19 For Sale $195,000 -- --
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 $1,179 $8,819 $8,819 --
2024 $1,168 $8,399 $8,399 --
2023 $1,168 $22,890 $22,890 $0
2022 $1,127 $14,250 $14,250 $0
2021 $1,118 $11,925 $11,925 $0
2020 $1,131 $10,725 $10,725 $0
2019 $1,129 $7,335 $7,335 $0
2018 $1,110 $6,375 $6,375 $0
2017 $1,084 $6,075 $6,075 $0
2016 $1,053 $5,685 $5,685 $0
2015 $1,186 $6,592 $6,592 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5895665

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-22-034A