NOT LISTED FOR SALE

332 N 3rd Ave Unit 1 Phoenix, AZ 85003

Downtown Phoenix Neighborhood

Estimated Value: $1,279,265

0.64 Acre
$1,998,852 Price per Acre
27,878 Sq Ft Lot

Last Sold November 22, 2013

Last sale price $525,000

Est. 144% increase in value since last sale

Current estimated payment $8,408/month

133 Days on Market

About This Lot

As of November 2013

Vacant land right in the heart of Downtown Phoenix, zoned as C-3. Was previously used as a parking lot. 183' of frontage on 3rd Ave with access from 4th Ave.Walk to Chase Field(Home of AZ Diamondbacks Baseball), US Airways Center(home of the Phoenix Suns), Phoenix Civic Plaza, Phoenix Symphony Hall, and countless other venues.

Last Agent to Sell the Property

Brian Gaffney

Better Homes & Gardens Real Estate SJ Fowler License #BR536606000 Listed on: 03/08/2013

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Allan Gutkin

Center City Realty, LLC License #BR056897000

Property Details

Property Type

  • Land

Lot Details

  • 0.64 Acre Lot
  • 4 Lots in the community
  • Property is zoned C-3

Community Details

  • No Home Owners Association
  • Norma Place Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 111-41-182

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Cross Street: VAN BUREN / 3RD AVE
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: C-3
  • Tax Year: 2012
  • Directions: From W Van Buren, go North on 3rd Ave to lot.
  • Lot Size Acres: 0.64
  • Subdivision Name: NORMA PLACE
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Retail, Multi-Family, Commercial, Office

Exterior Features

  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 141x197
  • Lot Size Sq Ft: 27738.0
  • Number Of Lots: 4
  • Additional Parcels: No
  • Parcel #: 111-41-182
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 28279.0
  • Tax Book Number: 111.00
  • Tax Lot: 1
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2023
Sold by
Gutkin Family Trust
Bought by
Gutkin Family Trust
Current Estimated Value
$1,279,265

Purchase Details

Listed on
Mar 8, 2013
Closed on
Nov 21, 2013
Sold by
Gutkin Benjamin and Gutkin Selma
Bought by
Alben Llc
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Allan Gutkin
Center City Realty, LLC
List Price
$749,900
Sold Price
$525,000
Premium/Discount to List
-$224,900
-29.99%

Purchase Details

Listed on
Mar 8, 2013
Closed on
Nov 19, 2013
Sold by
Core Builders Inc
Bought by
Alben Llc
Seller's Agent
Brian Gaffney
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Allan Gutkin
Center City Realty, LLC
List Price
$749,900
Sold Price
$525,000
Premium/Discount to List
-$224,900
-29.99%

Purchase Details

Closed on
Nov 16, 2001
Sold by
Bill Mahoney Inc
Bought by
Core Builders Inc
Source: Public Records

Range of Values:

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Average Value
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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
Gutkin Family Trust -- --
Gutkin Family Trust -- --
Alben Llc -- Lawyers Title Of Arizona Inc
Alben Llc $525,000 Lawyers Title Of Arizona Inc
Core Builders Inc $270,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2013 11/22/13 Sold $525,000 -30.0% --
07/18/2013 07/18/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $749,900 -- --
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 $19,183 $143,442 -- --
2024 $18,996 $136,612 -- --
2023 $18,996 $362,505 $353,655 $8,850
2022 $18,321 $273,000 $264,840 $8,160
2021 $15,487 $265,545 $264,840 $705
2020 $15,665 $146,145 $145,455 $690
2019 $15,640 $136,605 $135,930 $675
2018 $15,373 $117,165 $116,490 $675
2017 $15,016 $117,120 $116,490 $630
2016 $14,585 $78,750 $78,270 $480
2015 $15,115 $84,000 $83,488 $512
Source: Public Records

Agents Affiliated with this Home

  • Brian Gaffney

    Seller's Agent in 2013

    Brian Gaffney

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    22 Total Sales

    Brian Gaffney
    Section Image

  • A

    Buyer's Agent in 2013

    Allan Gutkin

    Center City Realty, LLC

    (602) 254-4433

    Allan Gutkin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4901278

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-41-182

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

332 N 3rd Ave Unit 1, Phoenix, AZ

This home is located at 332 N 3rd Ave Unit 1, Phoenix, AZ 85003 since 08 March 2013 and is currently priced at $1,279,265. 332 N 3rd Ave Unit 1 is a home located in Maricopa County with nearby schools including Kenilworth Elementary School, Phoenix Coding Academy, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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