NOT LISTED FOR SALE

Estimated Value: $994,000 - $1,227,000

0.3 Acre
$3,599,113 Price per Acre
13,068 Sq Ft Lot

Last Sold July 08, 2013

Last sale price $220,000

Est. 391% increase in value since last sale

Current estimated payment $5,948/month

113 Days on Market

Highlights

  • 0.3 Acre Lot
  • Corner Lot
  • No HOA
  • Tavan Elementary School Rated A

About This Lot

As of July 2013

A unique opportunity in the Arcadia area. Vacant land on the corner of Osborn and 40th St. Parcels B and C are being sold together. Also included are architectural plans for a modern, upscale duplex by noted local architect, Michael P Johnson. Approx $100,000 had been spent when the downturn occurred. The economics of building a landmark in the Arcadia area is again financially viable. Be a part of this rapidly re-developing area near Camelback Mountain!

Last Agent to Sell the Property

Garry Callaway

Attorneys Realty License #SA575006000 Listed on: 03/05/2013

Last Buyer's Agent

Rich Baxter

Fathom Realty Elite License #SA037465000

Fathom Realty Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,156

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned R1-6

Eco-Friendly Details

  • North or South Exposure

Community Details

  • No Home Owners Association
  • East Citrus Acres Subdivision

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 127-15-005-B

Property Details

Property Type

Land

Est. Annual Taxes

$1,156

Lot Details

0

Listing Details

  • Cross Street: 40th street and Osborn Road
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land, Plans Included
  • Zoning: R1-6
  • Tax Year: 2012
  • Directions: From Indian School and 40th St, go south on 40th to Osborn. Double lot on southeast corner.
  • Lot Size Acres: 0.3
  • Road Surface Type: Asphalt
  • Subdivision Name: East Citrus Acres
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, Dual Street Ftg, North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 150x88
  • Lot Size Sq Ft: 13200.0
  • Number Of Lots: 2
  • Additional Parcels: Yes
  • Parcel #: 127-15-005-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1156.0
  • Tax Book Number: 127.00
  • Tax Lot: 131
  • Tax Map Number: 15.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Rodriguez Rene R and Rodriguez Lily Mary
Bought by
Quintana Joseph and Quintana Marcella Celeste
Current Estimated Value
$1,079,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,000
Outstanding Balance
$440,187
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$639,547

Purchase Details

Closed on
Oct 23, 2020
Sold by
Rodriguez Rene R and Rodriguez Mary Lilly
Bought by
Quintana Marcella Celeste and Quintana Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2019
Sold by
Quintana Marcella Celeste and Quintana Joseph
Bought by
Rodriguez Rene R and Rodriguez Mary Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2019
Sold by
Rodriguez Rene R and Rodriguez Mary Lily
Bought by
Quintana Marcella Celeste and Quintana Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2018
Sold by
Quintana Joseph
Bought by
Quintana Marcella Celeste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2015
Sold by
Brownstone Square Development Inc
Bought by
Thomas Lauren S and Swoboda Ian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,920
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2013
Closed on
Jul 1, 2013
Sold by
Bradley Rand and Udo Nathalie
Bought by
Brownstone Square Development Inc
Seller's Agent
Garry Callaway
Attorneys Realty
Buyer's Agent
Rich Baxter
Fathom Realty Elite
List Price
$275,000
Sold Price
$220,000
Premium/Discount to List
-$55,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.90%

Purchase Details

Closed on
Nov 5, 2008
Sold by
Bradley Rand and Udo Nathalie
Bought by
Bradley Rand and Udo Nathalie

Purchase Details

Closed on
Nov 21, 2006
Sold by
Bradley Rand and Udo Nathalie
Bought by
City Of Phoenix

Purchase Details

Closed on
Sep 14, 2004
Sold by
Certified Fiduciary Services Inc
Bought by
Beck Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
5.76%
Mortgage Type
New Conventional
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
Quintana Joseph -- Grand Canyon Title
Quintana Marcella Celeste -- Grand Canyon Title Agency
Rodriguez Rene R -- Grand Canyon Title Agency
Quintana Marcella Celeste -- None Available
Quintana Marcella Celeste -- First American Title Insuran
Rodriguez Rene R $500,000 First American Title Insuran
Thomas Lauren S $439,900 Metropolitan Title Agency
Brownstone Square Development Inc $220,000 None Available
Bradley Rand -- None Available
City Of Phoenix -- None Available
Beck Development Llc $124,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quintana Joseph $471,000
Previous Owner Quintana Marcella Celeste $470,000
Previous Owner Rodriguez Rene R $475,000
Previous Owner Thomas Lauren S $351,920
Previous Owner Beck Development Llc $860,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2013 07/08/13 Sold $220,000 -20.0% --
06/26/2013 06/26/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $275,000 -- --
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 $2,955 $37,593 -- --
2024 $2,479 $35,803 -- --
2023 $2,479 $64,660 $12,930 $51,730
2022 $2,388 $50,070 $10,010 $40,060
2021 $2,510 $46,510 $9,300 $37,210
2020 $2,470 $43,800 $8,760 $35,040
2019 $2,387 $38,930 $7,780 $31,150
2018 $2,311 $35,650 $7,130 $28,520
2017 $2,193 $33,480 $6,690 $26,790
2016 $2,199 $31,610 $6,320 $25,290
2015 $2,322 $30,510 $6,100 $24,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4899517

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-15-005B