NOT LISTED FOR SALE

Estimated Value: $631,000

0.44 Acre
$1,434,091 Price per Acre
19,166 Sq Ft Lot

Last Sold December 30, 2020

Last sale price $300,000

Est. 110% increase in value since last sale

Current estimated payment $3,418/month

28 Days on Market

About This Lot

As of December 2020

R5 ZONED Corner lot on Camelback and 39th Ave Unique opportunity to invest and develop a high demand multifamily product of 18 units in Phoenix. Strong rental demand area in a residential area of the west Valley in Green Briar Estates. Preliminary drawings for 18 two bedroom units with in unit laundry and family friendly amenity already submitted to City of Phoenix. Proforma stabilized NOI as 18 unit rental around $283K per annum!

Last Agent to Sell the Property

Victoria Miachika

REI Marketing License #BR639322000 Listed on: 10/23/2020

Last Buyer's Agent

Victoria Miachika

REI Marketing License #BR639322000 Listed on: 10/23/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,221

Lot Details

  • 0.44 Acre Lot
  • Property is zoned R5

Community Details

  • No Home Owners Association
  • Green Briar Estates 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 145-26-034

Property Details

Property Type

Land

Est. Annual Taxes

$4,221

Lot Details

0

Listing Details

  • Cross Street: 39th Dr. & Camelback Rd.
  • Legal Info Range: 2E
  • Property Type: Land
  • Zoning: R5
  • Tax Year: 2020
  • Lot Size Acres: 0.44
  • Subdivision Name: GREEN BRIAR ESTATES 1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Disclosures: None

Utilities

  • Electric: Other (See Rmks)
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: X
  • Lot Size Sq Ft: 19112.0
  • Additional Parcels: No
  • Parcel #: 145-26-034
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4221.0
  • Tax Book Number: 145.00
  • Tax Lot: -
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2022
Sold by
Michael Smith Pllc
Bought by
Phoenix Native On Camelback Lp
Current Estimated Value
$631,000

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 29, 2020
Sold by
Smart Equity Investments Llc
Bought by
Michael Smith Pllc
Seller's Agent
Victoria Miachika
REI Marketing
Buyer's Agent
Victoria Miachika
REI Marketing
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.80%

Purchase Details

Closed on
Nov 25, 2019
Sold by
Kyaw Eden and Htwe Aye Naung
Bought by
Smart Equity Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2014
Sold by
Usa Financial Group Llc
Bought by
Kyaw Eden and Htwe Aye Naung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 2009
Sold by
Hopkins John
Bought by
Hopkins John

Purchase Details

Closed on
Nov 2, 2001
Sold by
Jad Realty Inc
Bought by
Hopkins John and John Hopkins Revocable Trust

Purchase Details

Closed on
Jun 15, 1994
Sold by
Nu Way Realty
Bought by
Jad Realty Inc
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
Phoenix Native On Camelback Lp -- None Listed On Document
Michael Smith Pllc $300,000 Old Republic Title Agency
Smart Equity Investments Llc $170,000 Grand Canyon Title Agency
Kyaw Eden $107,000 First Arizona Title Agency
Hopkins John -- None Available
Hopkins John -- --
Jad Realty Inc -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smart Equity Investments Llc $160,000
Previous Owner Kyaw Eden $59,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $300,000 -14.3% --
11/20/2020 11/20/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $350,000 -- --
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 $1,806 $11,422 $11,422 --
2024 $1,649 $10,878 $10,878 --
2023 $1,649 $28,515 $28,515 $0
2022 $1,623 $17,940 $17,940 $0
2021 $4,391 $40,572 $28,836 $11,736
2020 $4,221 $46,260 $34,380 $11,880
2019 $4,169 $43,290 $31,770 $11,520
2018 $3,849 $37,674 $25,560 $12,114
2017 $3,800 $33,246 $22,644 $10,602
2016 $3,640 $25,866 $18,810 $7,056
2015 $3,541 $19,315 $12,081 $7,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6151168

Arizona Regional Multiple Listing Service (ARMLS)

APN: 145-26-034