NOT LISTED FOR SALE

3246 W Indian School Rd Phoenix, AZ 85017

Alhambra Neighborhood

Estimated Value: $1,339,444

0.85 Acre
$1,575,816 Price per Acre
37,026 Sq Ft Lot

Last Sold July 22, 2016

Last sale price $725,000

Est. 85% increase in value since last sale

Current estimated payment $9,349/month

231 Days on Market

About This Lot

As of July 2016

55,700 Traffic Count *** Signalized Access *** Plaza Del Sol across the street with Ranch Market (mega grocer and retail magnet) *** Listing Agent related to Seller entity *** Ideal for Gas Station, C-Store, Car Wash, Quick Serve Restaurant, Hotel, Pharmacy, Retail, Automotive, Office, Multi-Family and Mini-Storage.

Last Agent to Sell the Property

Rich Baxter

Fathom Realty Elite License #SA037465000 Listed on: 05/01/2015

Fathom Realty Elite

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,109

Lot Details

  • 0.85 Acre Lot
  • Block Wall Fence
  • Additional Parcels
  • Property is zoned C2/C1

Eco-Friendly Details

  • North or South Exposure

Schools

  • Granada Primary Elementary School
  • Granada East Middle School
  • Alhambra High School

Community Details

  • No Home Owners Association
  • Legal In Escrow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 154-24-071

Property Details

Property Type

Land

Est. Annual Taxes

$4,109

Lot Details

0

Listing Details

  • Cross Street: Indian School east of Grand Ave
  • Property Type: Land
  • Zoning: C2/C1
  • Tax Year: 2015
  • Directions: Indian School Rd between I-17 and US-60/Grand Ave, right across the street from McDonalds, Ranch Market, Costco, DDs, Krispy Kreme & Chase Bank. Next Door to Family Dollar.
  • Lot Size Acres: 0.85
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Subdivision Name: Legal in Escrow
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

  • Fencing: Block
  • Lot Features: North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Granada Primary School
  • High School: Alhambra High School
  • Middle Or Junior School: Granada East School

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 37026.0
  • Number Of Lots: 1
  • Additional Parcels: Yes
  • Parcel #: 154-24-071
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4109.0
  • Tax Book Number: 154.00
  • Tax Lot: .
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
Advance Stores Company Incorporated
Bought by
Aai Investments Llc
Current Estimated Value
$1,339,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Outstanding Balance
$1,075,389
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$264,055

Purchase Details

Listed on
May 1, 2015
Closed on
Jul 14, 2016
Sold by
Bill Horton Llc
Bought by
Advance Stores Company Incorporated
Seller's Agent
Rich Baxter
Fathom Realty Elite
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$950,000
Sold Price
$725,000
Premium/Discount to List
-$225,000
-23.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Jan 11, 2008
Sold by
Baxter Rich and Baxter Julie L
Bought by
Bill Horton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,045,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2004
Sold by
Maruyama Yukio and Maruyama Masae
Bought by
Baxter Richard R and Baxter Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aai Investments Llc $1,342,500 Chicago Title Agency
Advance Stores Company Incorporated $725,000 Grs Title Services Llc
Bill Horton Llc -- Stewart Title & Trust Of Pho
Baxter Richard R $335,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aai Investments Llc $1,080,000
Previous Owner Bill Horton Llc $1,045,000
Previous Owner Baxter Richard R $201,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2016 07/22/16 Sold $725,000 -23.7% --
12/18/2015 12/18/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $950,000 -- --
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 $26,969 $182,055 -- --
2024 $27,919 $178,804 -- --
2023 $27,919 $228,854 $56,831 $172,023
2022 $28,298 $202,108 $43,768 $158,340
2021 $29,379 $205,272 $45,018 $160,254
2020 $28,244 $205,380 $46,620 $158,760
2019 $27,896 $194,490 $43,938 $150,552
2018 $25,754 $184,248 $36,612 $147,636
2017 $4,249 $29,625 $29,625 $0
2016 $4,070 $25,860 $25,860 $0
2015 $4,109 $23,472 $23,472 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5273419

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-24-071