NOT LISTED FOR SALE

Estimated Value: $2,034,000 - $2,530,246

0.22 Acre
$10,398,009 Price per Acre
9,784 Sq Ft Lot

Last Sold February 24, 2017

Last sale price $165,000

Est. 1,286% increase in value since last sale

Current estimated payment $12,564/month

11 Days on Market

Highlights

  • No HOA
  • Phoenix Coding Academy Rated A
  • Wood Fence

About This Lot

As of February 2017

BUILDERS, CONTRACTORS, INVESTORS BUILD YOUR MULTI FAMILY OR SINGLE FAMILY HOME IN ARCADIA. IDEAL LOCATION CLOSE TO MAJOR FREEWAYS THE 101, 51, I-10, AIRPORT, ASU, SCOTTSDALE FASHION MALL. HOMES NEAR SELLING FOR 500K+..LOT IS PRICED TO SELL QUICK.

Last Agent to Sell the Property

Jim Nardi

HomeSmart License #BR523662000 Listed on: 01/13/2017

HomeSmart

Last Buyer's Agent

Royce Munroe

Munroe Multifamily License #BR512795000

Munroe Multifamily

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $246

Lot Details

  • 9,784 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned R3

Eco-Friendly Details

  • North or South Exposure

Schools

  • Monte Vista Elementary School
  • Camelback High School

Community Details

  • No Home Owners Association
  • East Citrus Acres Plat A Subdivision

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 127-20-018-A

Property Details

Property Type

Land

Est. Annual Taxes

$246

Lot Details

9,784 Sq Ft Lot

Listing Details

  • Cross Street: 40TH STREET & THOMAS RD
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R3
  • Tax Year: 2016
  • Lot Size Acres: 0.22
  • Subdivision Name: EAST CITRUS ACRES PLAT A
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Block, Chain Link, Wood
  • Lot Features: North/South Exp
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: None
  • Water Source: None

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: Monte Vista Elementary School

Lot Info

  • Lot Size: 131 X 74
  • Lot Size Sq Ft: 9784.0
  • Additional Parcels: No
  • Parcel #: 127-20-018-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 246.0
  • Tax Book Number: 127.00
  • Tax Lot: 109
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2019
Sold by
Cheery Lynn Development Partners Llc
Bought by
Town Centre Professional Building Inc
Current Estimated Value
$2,287,562

Purchase Details

Listed on
Jan 13, 2017
Closed on
Feb 23, 2017
Sold by
Phillips Samuel Konrad and Phillips Sarah Renee
Bought by
Cheery Lynn Development Partners Llc
Seller's Agent
Jim Nardi
HomeSmart
Buyer's Agent
Royce Munroe
Munroe Multifamily
List Price
$220,000
Sold Price
$165,000
Premium/Discount to List
-$55,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.71%
Original Mortgage
$99,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2016
Sold by
Garcia Nellouise A
Bought by
Phillips Samuel Konrad and Phillips Sarah Renee

Purchase Details

Closed on
Jan 1, 2014
Sold by
Garcia Nellouise
Bought by
Garcia Nellouise A

Purchase Details

Closed on
Aug 31, 2010
Sold by
Garcia Samuel O and Garcia Nelloise A
Bought by
The Samuel & Nellouise Garcia Revocable

Purchase Details

Closed on
Jul 25, 2003
Sold by
Garcia Samuel O and Garcia Nelloise
Bought by
Garcia Samuel A and Garcia Nelloise
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
Town Centre Professional Building Inc $1,520,000 Chicago Title Agency Inc
Cheery Lynn Development Partners Llc $165,000 Chicago Title Agency Inc
Phillips Samuel Konrad -- None Available
Garcia Nellouise A -- None Available
The Samuel & Nellouise Garcia Revocable -- None Available
Garcia Samuel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheery Lynn Development Partners Llc $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2017 02/24/17 Sold $165,000 -25.0% --
01/24/2017 01/24/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $220,000 -- --
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 $7,937 $58,759 -- --
2024 $7,551 $55,961 -- --
2023 $7,551 $131,420 $26,280 $105,140
2022 $7,254 $97,300 $19,460 $77,840
2021 $7,431 $94,260 $18,850 $75,410
2020 $7,250 $65,770 $13,150 $52,620
2019 $273 $3,330 $3,330 $0
2018 $267 $3,160 $3,160 $0
2017 $256 $3,180 $3,180 $0
2016 $183 $2,663 $2,663 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5546187

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-20-018A

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