NOT LISTED FOR SALE
0.62 Acre
-- Price per Acre
27,007 Sq Ft Lot

Last Sold August 25, 2023

Last sale price $1,200,000

696 Days on Market

Highlights

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

About This Lot

As of August 2023

Great rebuild/ remodel opportunity in a desirable corridor to downtown. Professional office space , retail or housing are possibilities. Rebuild to 5 stories possible. Listing to include 3821 N 3rd Street and 3822 N 4th Place. Buyer to confirm 5 story zoning, density and all other development issues independently with City of Phoenix. Overhead photo on main listing picture is all 3 lots. See documents tab for more information.

Last Agent to Sell the Property

Michael Makas

Coldwell Banker Realty License #SA638193000 Listed on: 12/31/2022

Coldwell Banker Realty

Last Buyer's Agent

David Lethcho

My Home Group Real Estate License #BR658643000

Property Details

Property Type

  • Land

Lot Details

  • 0.62 Acre Lot
  • Level Lot
  • Additional Parcels
  • Property is zoned C-C

Community Details

  • No Home Owners Association
  • Thomas Place Subdivision

Listing and Financial Details

  • Tax Lot 6-
  • Assessor Parcel Number 118-24-091

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Cross Street: Osborn & 3rd Street
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: See Remarks
  • Topography: Level
  • Zoning: C-C
  • Tax Year: 2020
  • Directions: From Osborn, North on 3rd St past Clarendon; property on east side of street.
  • Horses: No
  • Lot Size Acres: 0.62
  • Road Surface Type: Asphalt
  • Subdivision Name: THOMAS PLACE
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Retail, Multi-Family, Commercial, Hotel/Motel

Exterior Features

  • Disclosures: None
  • Other Structures: See Remarks

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 00
  • Lot Size Sq Ft: 27100.0
  • Additional Parcels: Yes
  • Parcel #: 118-24-091
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 39000.0
  • Tax Book Number: 118.00
  • Tax Lot: 6-
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2022
Closed on
Aug 25, 2023
Sold by
Robert Donald Venditti and Robert Donna Joan
Bought by
Whiz Kidz Re 6 Llc
Seller's Agent
Michael Makas
Coldwell Banker Realty
Buyer's Agent
David Lethcho
My Home Group Real Estate
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,264,000
Outstanding Balance
$1,238,385
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 31, 2022
Closed on
Jul 7, 2023
Sold by
Robert Donald Venditti and Robert Donna Joan
Bought by
Whiz Kidz Re 6 Llc
Seller's Agent
Michael Makas
Coldwell Banker Realty
Buyer's Agent
David Lethcho
My Home Group Real Estate
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,264,000
Outstanding Balance
$1,238,385
Interest Rate
6.96%
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
Whiz Kidz Re 6 Llc $1,200,000 Magnus Title Agency
Whiz Kidz Re 6 Llc $1,200,000 Magnus Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whiz Kidz Re 6 Llc $1,264,000
Previous Owner Whiz Kidz Re 6 Llc $1,264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $1,200,000 -20.0% --
04/07/2023 04/07/23 Pending -- -- --
12/31/2022 12/31/22 For Sale $1,500,000 0.0% --
04/26/2022 04/26/22 Price Changed $1,500,000 -6.3% --
08/02/2021 08/02/21 Price Changed $1,600,000 -8.6% --
05/11/2021 05/11/21 For Sale $1,750,000 -- --
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 $5,072 $40,415 -- --
2024 $4,899 $38,491 -- --
2023 $4,899 $75,150 $44,830 $30,320
2022 $4,872 $58,020 $30,900 $27,120
2021 $4,955 $57,230 $30,900 $26,330
2020 $4,830 $57,350 $30,790 $26,560
2019 $4,620 $36,580 $10,980 $25,600
2018 $4,467 $36,050 $10,170 $25,880
2017 $4,101 $33,470 $10,590 $22,880
2016 $3,956 $31,330 $9,900 $21,430
2015 $3,678 $26,010 $9,610 $16,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6234118

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-24-091