NOT LISTED FOR SALE

348 E Maryland Ave Phoenix, AZ 85012

Alhambra Neighborhood

Estimated Value: $1,745,000 - $3,108,000

0.39 Acre
$6,355,090 Price per Acre
16,988 Sq Ft Lot

Last Sold April 15, 2019

Last sale price $440,000

Est. 463% increase in value since last sale

Current estimated payment $13,831/month

172 Days on Market

Highlights

  • 0.39 Acre Lot
  • No HOA
  • Level Lot
  • Madison Richard Simis School Rated A-
  • Partially Fenced Property

About This Lot

As of April 2019

Rare vacant lot in prime North Central Corridor. Over 1/3 of an acre, with North-South orientation. No HOA. Lot has been cleared and ready for grading. Permit ready plans for a modern 4,000SF (4 Bed Rm./4 1/2 Bath/4 car garage)home can be included in purchase price, or we can design a new house with you. See Design Plans in Document Tab.

Last Agent to Sell the Property

Ingibjorg Valsdottir

HomeSmart License #SA534068000 Listed on: 09/04/2018

HomeSmart

Last Buyer's Agent

Ingibjorg Valsdottir

HomeSmart License #SA534068000 Listed on: 09/04/2018

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,000

Lot Details

  • 0.39 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Block Wall Fence
  • Level Lot
  • Property is zoned R1-10

Eco-Friendly Details

  • North or South Exposure

Schools

  • Madison Richard Simis Elementary School
  • Madison Meadows Middle School
  • Central High School

Community Details

  • No Home Owners Association
  • Orangewood Lot14 Blk7 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161-19-068-B

Property Details

Property Type

Land

Est. Annual Taxes

$3,000

Lot Details

0

Listing Details

  • Cross Street: Central Ave.
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Plans Available, Plans Included
  • Topography: Level
  • Zoning: R1-10
  • Tax Year: 2017
  • Horses: No
  • Lot Size Acres: 0.39
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: ORANGEWOOD LOT14 BLK7
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block, Partial, Wood
  • Lot Features: North/South Exp
  • Disclosures: Soil Test, Seller Prop Disc Stm, Boundary Survey Avlb, Development Pln Aval
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Madison Richard Simis School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: 104' x 161'
  • Lot Size Sq Ft: 16780.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 161-19-068-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3000.0
  • Tax Book Number: 161.00
  • Tax Lot: -
  • Tax Map Number: 19.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Apr 11, 2019
Sold by
K & I Investments Llc
Bought by
Ekj Investments Llc
Seller's Agent
Ingibjorg Valsdottir
HomeSmart
Buyer's Agent
Ingibjorg Valsdottir
HomeSmart
List Price
$550,000
Sold Price
$440,000
Premium/Discount to List
-$110,000
-20%
Current Estimated Value
$2,478,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,038,485
Avg. Annual Appreciation
28.99%
Original Mortgage
$280,000
Outstanding Balance
$246,170
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$2,232,315

Purchase Details

Closed on
Mar 31, 2018
Sold by
Morgan Marta Lu
Bought by
K & I Investments Llc
Source: Public Records
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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
Ekj Investments Llc $440,000 Great American Title Agency
K & I Investments Llc $675,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ekj Investments Llc $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2019 04/15/19 Sold $440,000 -7.4% --
02/23/2019 02/23/19 Pending -- -- --
12/30/2018 12/30/18 Price Changed $475,000 -2.1% --
12/02/2018 12/02/18 Price Changed $485,000 -2.0% --
10/15/2018 10/15/18 Price Changed $495,000 -5.7% --
09/24/2018 09/24/18 Price Changed $525,000 -4.5% --
09/04/2018 09/04/18 For Sale $550,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $11,534 $88,536 -- --
2024 $10,702 $84,320 -- --
2023 $10,702 $153,250 $30,650 $122,600
2022 $10,383 $114,150 $22,830 $91,320
2021 $4,959 $52,965 $52,965 $0
2020 $4,882 $57,630 $57,630 $0
2019 $2,833 $41,113 $41,113 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2019

    Ingibjorg Valsdottir

    HomeSmart

    (602) 315-8176

    1 in this area

    6 Total Sales

    Ingibjorg Valsdottir
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5815361

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-19-068B

Arizona Maricopa County Phoenix 85012 Alhambra

348 E Maryland Ave, Phoenix, AZ

Not Listed for Sale

Lots

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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