NOT LISTED FOR SALE

Estimated Value: $301,839 - $404,000

1.12 Acres
$320,500 Price per Acre
48,787 Sq Ft Lot

Last Sold April 03, 2024

Last sale price $675,000

Est. 47% decrease in value since last sale

Current estimated payment $2,036/month

144 Days on Market

About This Lot

As of April 2024

Prime Multi-Family Development Opportunity located near Country Club and Southern. This listing consists of 2 parcels and there are 2 duplexes on the property. This lot sits on over an acre and is Zoned RM-4 City of Mesa.

Last Agent to Sell the Property

Mark McIntyre

Good Company Real Estate License #SA556625000 Listed on: 10/02/2023

Last Buyer's Agent

James Miller

Dave Johnson Realty License #SA655143000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,159

Lot Details

  • 1.12 Acre Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned RM-4

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 139-43-011-A

Property Details

Property Type

Land

Est. Annual Taxes

$1,159

Lot Details

0

Listing Details

  • Cross Street: Arizona Ave & 8th Ave
  • Legal Info Range: 5E
  • Property Type: Land
  • Zoning: RM-4
  • Tax Year: 2022
  • Directions: East on 8th Ave to property address on South side of street
  • Lot Size Acres: 1.12
  • Road Surface Type: Gravel
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Other Structures: See Remarks

Utilities

  • Electric: City Electric
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mesa Unified District

Lot Info

  • Lot Size: Refer to photo
  • Lot Size Sq Ft: 11326.0
  • Number Of Lots: 2
  • Additional Parcels: Yes
  • Parcel #: 139-43-011-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1159.0
  • Tax Book Number: 139.00
  • Tax Lot: -
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Apr 3, 2024
Sold by
Marcos Casitas Llc
Bought by
Eagar Clay
Seller's Agent
Mark McIntyre
Good Company Real Estate
Buyer's Agent
James Miller
Dave Johnson Realty
List Price
$100,000
Sold Price
$675,000
Premium/Discount to List
$575,000
575%
Views
63
Current Estimated Value
$358,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$316,040
Avg. Annual Appreciation
-34.73%
Original Mortgage
$556,750
Outstanding Balance
$548,463
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
-$189,503

Purchase Details

Closed on
May 10, 2022
Sold by
Garcia Marco A
Bought by
Marcos Casitas Llc

Purchase Details

Closed on
Mar 15, 2022
Sold by
Garcia Irma O
Bought by
Garcia Irma

Purchase Details

Closed on
Nov 25, 2008
Sold by
City Of Phoenix
Bought by
Garcia Marco A and Garcia Irma O
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
Eagar Clay $655,000 Title Services Of The Valley
Marcos Casitas Llc -- None Listed On Document
Garcia Irma -- --
Garcia Marco A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eagar Clay $556,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2024 04/03/24 Sold $675,000 -12.9% --
02/24/2024 02/24/24 Pending -- -- --
02/08/2024 02/08/24 Price Changed $775,000 +675.0% --
10/02/2023 10/02/23 For Sale $100,000 -- --
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 $1,598 $14,118 -- --
2024 $1,185 $13,446 -- --
2023 $1,185 $23,710 $4,740 $18,970
2022 $1,159 $17,980 $3,590 $14,390
2021 $1,191 $17,270 $3,450 $13,820
2020 $1,175 $15,580 $3,110 $12,470
2019 $573 $12,430 $2,480 $9,950
2018 $547 $10,200 $2,040 $8,160
2017 $530 $9,400 $1,880 $7,520
2016 $520 $8,450 $1,690 $6,760
2015 $491 $7,270 $1,450 $5,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6612704

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-43-011A