NOT LISTED FOR SALE

Estimated Value: $427,000 - $440,899

0.14 Acre
$3,081,964 Price per Acre
6,164 Sq Ft Lot

Last Sold July 28, 2020

Last sale price $80,000

Est. 439% increase in value since last sale

Current estimated payment $2,442/month

2 Days on Market

About This Lot

As of July 2020

**ZONED R-3** Amazing Investment Opportunity! To build either multifamily as lot is Zoned R-3 or build a residential home Lot is ready to break ground just pay for the Permit! and Start building immediately.
This Lot is being sold with approved architectural plans for a 1,614 sq ft home, Design Review already Approved!
Also included with an approved G&D plan, Geotechnical, Soil, and Survey has also been done, An amazing 3D View of the proposed home done as well.

NOTE: Multifamily 3D View it's just to have an idea what you could build there. (Plans NOT INCLUDED)

The plans included and APPROVED are for a single family home.

Last Agent to Sell the Property

Dora Castillo

Arizona 1st Land & Home RE Co License #SA555534000 Listed on: 07/26/2020

Last Buyer's Agent

Luke Basler

Realty ONE Group License #SA663350000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $652

Lot Details

  • 6,164 Sq Ft Lot
  • Property is zoned R-3

Schools

  • Wilson Elementary School
  • Phoenix Union - Wilson College Preparatory Middle School
  • Phoenix Union Bioscience High School

Community Details

  • No Home Owners Association
  • Gateway Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 121-14-042-B

Property Details

Property Type

Land

Est. Annual Taxes

$652

Lot Details

0

Listing Details

  • Cross Street: 37th St and Van Buren
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-3
  • Tax Year: 2019
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: GATEWAY PARK
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Disclosures: Boundary Survey Avlb

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Wilson Elementary School
  • High School: Phoenix Union Bioscience High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Union - Wilson College Preparatory

Lot Info

  • Lot Size: 52.50' x 117.41'
  • Lot Size Sq Ft: 6164.0
  • Additional Parcels: No
  • Parcel #: 121-14-042-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 652.0
  • Tax Book Number: 121.00
  • Tax Lot: -
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2021
Sold by
Caam House Llc
Bought by
Gamadia Samuel B and Gamadia Tejal S
Current Estimated Value
$431,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,600
Outstanding Balance
$333,721
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$97,754

Purchase Details

Listed on
Jul 26, 2020
Closed on
Aug 9, 2020
Sold by
Rd Design Team Inc
Bought by
Caam House Llc
Seller's Agent
Dora Castillo
Arizona 1st Land & Home RE Co
Buyer's Agent
Luke Basler
Realty ONE Group
List Price
$79,000
Sold Price
$80,000
Premium/Discount to List
$1,000
1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.85%
Original Mortgage
$223,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2011
Sold by
Castro Castillo Trust
Bought by
Rd Design Team Inc

Purchase Details

Closed on
Sep 12, 2007
Sold by
Security Lenders Inc
Bought by
Castro Rafael

Purchase Details

Closed on
Apr 25, 2005
Sold by
Miller Lynn
Bought by
Security Lenders Inc

Purchase Details

Closed on
Nov 10, 2004
Sold by
Mccain Roy L
Bought by
Mohave Park Llc

Purchase Details

Closed on
Nov 2, 2004
Sold by
Heal Anthony P
Bought by
Mohave Park Llc

Purchase Details

Closed on
Oct 25, 2004
Sold by
Heal Wista
Bought by
Mohave Park Llc

Purchase Details

Closed on
Oct 21, 2004
Sold by
Mccain Barbara
Bought by
Mohave Park 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
Gamadia Samuel B $380,000 Pioneer Title Agency Inc
Caam House Llc $80,000 Great American Title Agency
Rd Design Team Inc -- None Available
Castro Rafael $130,000 Security Title Agency Inc
Security Lenders Inc -- --
Mohave Park Llc -- --
Mohave Park Llc -- --
Mohave Park Llc $250 --
Mohave Park Llc $250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamadia Samuel B $368,600
Previous Owner Caam House Llc $223,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2020 07/28/20 Sold $80,000 +1.3% --
07/28/2020 07/28/20 Pending -- -- --
07/26/2020 07/26/20 For Sale $79,000 -- --
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 $2,382 $21,262 -- --
2024 $2,210 $20,249 -- --
2023 $2,210 $30,230 $6,040 $24,190
2022 $2,124 $27,010 $5,400 $21,610
2021 $667 $5,505 $5,505 $0
2020 $654 $4,515 $4,515 $0
2019 $652 $4,980 $4,980 $0
2018 $614 $4,275 $4,275 $0
2017 $588 $4,275 $4,275 $0
2016 $575 $3,960 $3,960 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6108612

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-14-042B