NOT LISTED FOR SALE

Estimated Value: $333,000 - $617,000

1.92 Acres
$260,111 Price per Acre
83,635 Sq Ft Lot

Last Sold August 02, 2021

Last sale price $575,000

Est. 13% decrease in value since last sale

Current estimated payment $2,756/month

7 Days on Market

Highlights

  • 1.92 Acre Lot
  • No HOA
  • Level Lot
  • Phoenix Coding Academy Rated A
  • Shed
  • 4-minute walk to Ho-E Mini Park

About This Lot

As of August 2021

Location, location, location. Within walking distance to the light rail on Central (to be finished 2024) Zoned R3 and in an opportunity zone making it perfect for investors that are interested in multifamily development with the benefit of capital gains tax breaks. So many options to take advantage of in an up and coming area! Adjacent lots also available for sale for a total of approximately 4.5+ acres for larger development options and additional access on 3rd Ave.

Last Agent to Sell the Property

Angela Covey

HomeSmart Brokerage Phone: 602-677-9038 License #BR531684000 Listed on: 07/27/2021

HomeSmart

Last Buyer's Agent

Ruben Luna

eXp Realty License #SA558959000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,135

Lot Details

  • 1.92 Acre Lot
  • Chain Link Fence
  • Level Lot
  • Property is zoned R-3

Additional Homes

  • Residence on Property

Schools

  • Roosevelt Elementary School
  • Sunland Elementary Middle School
  • Cesar Chavez High School

Listing and Financial Details

  • Assessor Parcel Number 113-04-034

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$1,135

Lot Details

0

Listing Details

  • Cross Street: Central and Broadway
  • Legal Info Range: 3E
  • Property Type: Land
  • Topography: Level
  • Zoning: R-3
  • Tax Year: 2020
  • Directions: From Central head west on Broadway to 6th Ave and then north to property on east side of road.
  • Attribution Contact: 602-677-9038
  • Lot Size Acres: 1.92
  • Road Surface Type: Gravel, Dirt
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Other Structures: Shed(s), Residence

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: Cesar Chavez High School
  • Middle Or Junior School: Sunland Elementary School

Lot Info

  • Lot Size: -
  • Lot Size Sq Ft: 83499.0
  • Additional Parcels: No
  • Parcel #: 113-04-034
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1135.0
  • Tax Book Number: 113.00
  • Tax Lot: -
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Jul 28, 2021
Sold by
Reeves Susan Jane Scott and The Susan Jane Scott Reeves Li
Bought by
Espinoza Jose
Seller's Agent
Angela Covey
HomeSmart
Buyer's Agent
Ruben Luna
eXp Realty
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$499,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,586
Avg. Annual Appreciation
-3.30%

Purchase Details

Closed on
Jun 12, 2007
Sold by
Reeves Susan Jane Scott
Bought by
Reeves Susan Jane Scott and Susan L Reeves Living Trust

Purchase Details

Closed on
Mar 27, 1979
Sold by
Ricks Raymond W and Ricks Raymond W
Bought by
Eversole Kellon D
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
Espinoza Jose $575,000 Empire West Title Agency Llc
Reeves Susan Jane Scott -- None Available
Eversole Kellon D -- Arizona Title Ins & Trust Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $575,000 0.0% --
07/27/2021 07/27/21 Price Changed $575,000 0.0% --
05/20/2021 05/20/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $575,000 -- --
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 $1,292 $8,796 -- --
2024 $1,255 $8,377 -- --
2023 $1,255 $26,260 $5,250 $21,010
2022 $1,170 $19,860 $3,970 $15,890
2021 $1,172 $19,180 $3,830 $15,350
2020 $1,135 $16,760 $3,350 $13,410
2019 $1,078 $13,980 $2,790 $11,190
2018 $1,027 $13,000 $2,600 $10,400
2017 $955 $10,480 $2,090 $8,390
2016 $791 $9,410 $1,880 $7,530
2015 $743 $8,020 $1,600 $6,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6235533

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-04-034