$260,000
SOLD APR 22, 2019
0.31 Acre
$838,710 Price per Acre
13,504 Sq Ft Lot

Recently Sold

4% Above List Price

21 Days on Market

About This Lot

As of March 2023

This is a great opportunity for a prime piece of real estate in the heart of Phoenix! Zoned C2 you will have many options with this great property. Call Nick for more details.

Last Agent to Sell the Property

Nick Arekat

Compass License #SA522994000 Listed on: 02/07/2019

Compass

Co-Listed By

Zee Arekat

Compass License #BR106529000

Last Buyer's Agent

Nawaf Arekat

Coldwell Banker Success Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.31 Acre Lot
  • Property is zoned C2

Community Details

  • No Home Owners Association
  • One Oak Place Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 120-16-196

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Cross Street: 32nd & Oak
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: C2
  • Tax Year: 2018
  • Lot Size Acres: 0.31
  • Co List Office Mls Id: praz04
  • Co List Office Phone: 480-505-6300
  • Subdivision Name: ONE OAK PLACE
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 0
  • Lot Size Sq Ft: 13547.0
  • Additional Parcels: No
  • Parcel #: 120-16-196
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8578.0
  • Tax Book Number: 120.00
  • Tax Lot: 1
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Apr 18, 2019
Sold by
Abuarar Nathmi and Almasri Manal
Bought by
Pirooz Llc
Seller's Agent
Nick Arekat
Compass
Buyer's Agent
Nick Arekat
Compass
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%

Purchase Details

Closed on
Mar 1, 2014
Sold by
Abuarar Nathmi
Bought by
Nma Oak Properties Llc

Purchase Details

Closed on
Feb 9, 2005
Sold by
Wallace Jack B
Bought by
Abuarar Nathmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 1999
Sold by
Wallace Donna
Bought by
Wallace Jack B
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 $260,000 First American Title Ins Co
Warranty Deed -- None Available
Warranty Deed -- Stewart Title & Trust Of Pho
Interfamily Deed Transfer -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $325,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $2,600 0.0% --
02/04/2023 02/04/23 Price Changed $2,600 -14.3% --
10/25/2022 10/25/22 For Sale $3,033 -98.8% --
04/22/2019 04/22/19 Sold $260,000 +4.0% --
02/04/2019 02/04/19 For Sale $250,000 -- --
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 $8,519 $63,543 -- --
2024 $8,676 $62,408 -- --
2023 $8,676 $87,176 $49,028 $38,148
2022 $8,581 $80,203 $45,098 $35,105
2021 $9,041 $81,540 $46,386 $35,154
2020 $8,821 $80,136 $45,342 $34,794
2019 $8,759 $74,916 $41,904 $33,012
2018 $8,578 $64,044 $32,004 $32,040
2017 $8,247 $59,220 $32,004 $27,216
2016 $7,928 $51,894 $27,360 $24,534
2015 $7,580 $46,713 $24,328 $22,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5880005

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-16-196