$890,000
$90K PRICE DROP

4003 S 12th St Unit 1 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated payment $4,796/month

Total Views 6,725
1.82 Acres
$489,011 Price per Acre
79,279 Sq Ft Lot

Highlights

  • 1.82 Acre Lot
  • No HOA
  • Partially Fenced Property
  • Phoenix Coding Academy Rated A
  • Garage
  • Level Lot

About This Lot

Great Development Location in the Phoenix Opportunity Zone, near the South Phoenix light rail expansion. This nearly 2-acre lot with R-4 zoning could allow a 60-unit project, or subdivide for duplex or single-family home lots. There is water and electricity to the property presently. Convenient access to I-10 and I-17, downtown Phoenix, shopping and entertainment venues.

Listing Agent

Roxy Westphal

My Home Group Real Estate Brokerage Email: roxygirlsonfireaz@gmail.com License #SA669207000 Listed on: 05/09/2025

My Home Group Real Estate

Co-Listing Agent

Elizabeth Erwin

My Home Group Real Estate Brokerage Email: roxygirlsonfireaz@gmail.com License #SA520713000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,145

Lot Details

  • 1.82 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Property is zoned R4

Parking

  • Garage

Schools

  • Irene Lopez Elementary And Middle School
  • South Mountain High School

Community Details

  • No Home Owners Association
  • Centergrove Tract 1 Through 16 Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 113-25-001-A

Property Details

Property Type

Land

Est. Annual Taxes

$1,145

Lot Details

0

Listing Details

  • Cross Street: 12TH ST & BROADWAY
  • Legal Info Range: 3E
  • Property Type: Land
  • Topography: Level
  • Zoning: R4
  • Tax Year: 2024
  • Lot Size Acres: 1.82
  • Road Surface Type: Gravel, Dirt, Concrete
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: CENTERGROVE TRACT 1 THROUGH 16
  • Tax Parcel Letter: A
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Fencing: Chain Link, Partial
  • Lot Features: Other, See Remarks
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: Garage(s)

Garage/Parking

  • Existing Structures:Garage(s): Yes

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Irene Lopez School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Irene Lopez School

Lot Info

  • Lot Size: 350.95X22
  • Horse Amenities: Other, See Remarks
  • Lot Size Sq Ft: 79102.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 113-25-001-A

Tax Info

  • Tax Annual Amount: 1145.0
  • Tax Book Number: 113.00
  • Tax Lot: 1
  • Tax Map Number: 25.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

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 $1,175 $7,796 $7,796 --
2024 $1,113 $7,424 $7,424 --
2023 $1,113 $40,350 $40,350 $0
2022 $1,090 $33,930 $33,930 $0
2021 $1,112 $35,610 $35,610 $0
2020 $1,099 $34,275 $34,275 $0
2019 $1,063 $15,795 $15,795 $0
2018 $1,034 $8,640 $8,640 $0
2017 $986 $5,400 $5,400 $0
2016 $938 $5,025 $5,025 $0
2015 $1,597 $8,656 $8,656 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2025 06/14/25 Price Changed $890,000 -5.8% --
05/29/2025 05/29/25 Price Changed $945,000 -3.6% --
05/09/2025 05/09/25 For Sale $980,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $130,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Ati Title Agency Of Az Inc
Cash Sale Deed $57,000 Ati Title Agency
Cash Sale Deed $15,000 Old Republic Title Agency
Trustee Deed $30,587 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Unknown
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6864115

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-25-001A

Arizona Maricopa County Phoenix 85040 South Mountain

4003 S 12th St Unit 1, Phoenix, AZ

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Roxy Westphal
Listing Agent
Roxy Westphal
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My Home Group Real Estate
(623) 244-5770