$160,000
SOLD JUN 17, 2024

4023 S 16th St Phoenix, AZ 85040

South Mountain Neighborhood
0.39 Acre
$410,256 Price per Acre
16,988 Sq Ft Lot

Recently Sold

36% Below List Price

145 Days on Market

About This Lot

As of June 2024

Unique opportunity to acquire two parcels with C-3 zoning (5,500 sf) AND R-5 Multi-family (high density).

Last Agent to Sell the Property

Rick Padelford

Realty Executives License #SA030962000

Realty Executives

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $439

Lot Details

  • 0.39 Acre Lot
  • 2 Lots in the community
  • Property is zoned C-3 C-G

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot '_'
  • Assessor Parcel Number 122-39-023

Property Details

Property Type

Land

Est. Annual Taxes

$439

Lot Details

0

Listing Details

  • Cross Street: 16th Street and Broadway
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: On Site Imp Needed
  • Topography: {"Level":true}
  • Zoning: C-3 C-G
  • Tax Year: 2023
  • Directions: On 16th Street, go north past Wood Street and the property is on the east side of 16th
  • Horses: No
  • Lot Size Acres: 0.39
  • Road Surface Type: Asphalt, Dedicated Street
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Commercial

Exterior Features

  • Lot Features: Other
  • Disclosures: Seller Prop Disc Stm

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Other
  • High School: Other
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: Retangle
  • Lot Size Sq Ft: 16955.0
  • Number Of Lots: 2
  • Additional Parcels: No
  • Parcel #: 122-39-023
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 439.0
  • Tax Book Number: 122.00
  • Tax Lot: '_'
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Jun 20, 2024
Sold by
Fong And Sing Family Trust and Sing Douglas C
Bought by
Small Spring Llc
Seller's Agent
Rick Padelford
Realty Executives
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$250,000
Sold Price
$160,000
Premium/Discount to List
-$90,000
-36%
Total Days on Market
145
Views
65
Current Estimated Value
$175,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,912
Avg. Annual Appreciation
30.66%

Purchase Details

Closed on
Aug 6, 2008
Sold by
Sing Douglas C and Fong Jule L
Bought by
Fong & Sing Family Trust and Fong June L

Map

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 Type Sale Price Title Company
Special Warranty Deed $160,000 Thomas Title & Escrow Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $160,000 -36.0% --
04/29/2024 04/29/24 Pending -- -- --
12/05/2023 12/05/23 For Sale $250,000 -- --
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 $452 $3,079 $3,079 --
2024 $439 $2,932 $2,932 --
2023 $439 $7,845 $7,845 $0
2022 $431 $7,080 $7,080 $0
2021 $439 $5,940 $5,940 $0
2020 $434 $5,235 $5,235 $0
2019 $420 $3,615 $3,615 $0
2018 $409 $3,360 $3,360 $0
2017 $389 $3,255 $3,255 $0
2016 $370 $2,985 $2,985 $0
2015 $372 $3,072 $3,072 $0
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6636911

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-39-023

Arizona Maricopa County Phoenix 85040 South Mountain

4023 S 16th St, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 4023 S 16th St, Phoenix, AZ 85040 and is currently priced at $160,000. 4023 S 16th St is a home located in Maricopa County with nearby schools including Irene Lopez School, South Mountain High School, and Phoenix Coding Academy.

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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