NOT LISTED FOR SALE

Estimated Value: $910,000 - $1,050,000

0.33 Acre
$2,906,139 Price per Acre
14,375 Sq Ft Lot

Last Sold May 31, 2017

Last sale price $299,000

Est. 223% increase in value since last sale

Current estimated payment $5,392/month

40 Days on Market

Highlights

  • 0.33 Acre Lot
  • No HOA
  • Level Lot
  • Phoenix Coding Academy Rated A

About This Lot

As of May 2017

Arcadia-Lite land is ready for your vision! Look around at what is happening in this up and coming neighborhood and you'll see why this is a smart value. Build TWO homes or several Town home style units. Comps in the area are going for $400 +, and the lot can be split in two. The property is located in the most booming part of Arcadia-Lite near The Madison, The Henry, The Vig, LGO and much more. With over 14,000 SqFt the possibilities are endless. Tenant currently in place - DO NOT DISTURB TENANT!!!

Last Agent to Sell the Property

Brian North

Compass License #SA635186000 Listed on: 04/13/2017

Compass

Co-Listed By

Maren Patrick

Compass License #SA551524000

Last Buyer's Agent

Sarah Kirsch-Richardson

Keller Williams Realty Phoenix License #BR580923000

Keller Williams Realty Phoenix

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $787

Lot Details

  • 0.33 Acre Lot
  • Level Lot
  • Property is zoned R3

Schools

  • Monte Vista Elementary School
  • Creighton Elementary Middle School
  • Camelback High School

Additional Features

  • North or South Exposure
  • Residence on Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 127-23-060

Property Details

Property Type

Land

Est. Annual Taxes

$787

Lot Details

0

Listing Details

  • Cross Street: 38th St & Thomas Rd
  • Property Type: Land
  • Topography: Level
  • Zoning: R3
  • Tax Year: 2016
  • Lot Size Acres: 0.33
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Co List Office Mls Id: nrtc01
  • Co List Office Phone: 602-714-7000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: None
  • Lot Features: North/South Exp
  • Disclosures: None
  • Other Structures: Residence

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Monte Vista Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 140 x 104
  • Lot Size Sq Ft: 14532.0
  • Additional Parcels: No
  • Parcel #: 127-23-060
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 787.0
  • Tax Book Number: 127.00
  • Tax Lot: -
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
Bergquist John Alexander and Bergquist Karly Mackenz
Bought by
Stensrud Robert
Current Estimated Value
$964,695

Purchase Details

Closed on
Apr 27, 2020
Sold by
Druan Juan Carlos and Vasquez Janiel Lucia
Bought by
Bergquist John Alexander and Bergquist Karly Mackenzie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2018
Sold by
3726 E Earll Llc
Bought by
Pimentel Duran Juan Carlos and Pimentel Vasquez Janiel Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,750
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2018
Sold by
Solutions Building Llc
Bought by
3726 E Earll Llc

Purchase Details

Listed on
Apr 13, 2017
Closed on
May 25, 2017
Sold by
The District Phx Llc
Bought by
Solutions Building Llc
Seller's Agent
Brian North
Compass
Buyer's Agent
Sarah Kirsch-Richardson
Keller Williams Realty Phoenix
List Price
$369,000
Sold Price
$299,000
Premium/Discount to List
-$70,000
-18.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%

Purchase Details

Closed on
Mar 4, 2004
Sold by
Marin Ofelia
Bought by
Marin Norma Irene

Purchase Details

Closed on
Apr 13, 1998
Sold by
King Kenneth and King Elizabeth S
Bought by
Marin Ofelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
7.06%
Mortgage Type
FHA
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
Stensrud Robert $910,000 Equitable Title
Bergquist John Alexander $560,000 True North Title Agency
Pimentel Duran Juan Carlos $505,000 Lawyers Title Of Arizona Inc
3726 E Earll Llc -- None Available
Solutions Building Llc $299,000 Fidelity National Title Agen
Marin Norma Irene -- --
Marin Ofelia $55,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bergquist John Alexander $504,000
Previous Owner Pimentel Duran Juan Carlos $479,750
Previous Owner Marin Ofelia $41,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $299,000 -19.0% --
05/23/2017 05/23/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $369,000 -- --
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 $4,161 $34,832 -- --
2024 $3,953 $33,173 -- --
2023 $3,953 $61,600 $12,320 $49,280
2022 $3,785 $45,470 $9,090 $36,380
2021 $3,927 $41,920 $8,380 $33,540
2020 $3,825 $41,450 $8,290 $33,160
2019 $3,803 $36,100 $7,220 $28,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5590221

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-23-060A