NOT LISTED FOR SALE

4023 S 16th St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $121,000 - $356,000

0.39 Acre
$560,110 Price per Acre
16,988 Sq Ft Lot

Last Sold June 17, 2024

Last sale price $160,000

Est. 37% increase in value since last sale

Current estimated payment $1,173/month

145 Days on Market

Highlights

  • 0.39 Acre Lot
  • No HOA
  • Level Lot
  • Phoenix Coding Academy Rated A

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 Arizona Territory License #SA030962000 Listed on: 12/05/2023

Realty Executives Arizona Territory

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
  • Level 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
  • Zoning: C-3 C-G
  • Tax Year: 2023
  • Horses: No
  • Lot Size Acres: 0.39
  • Road Surface Type: Asphalt, Dedicated Street
  • Subdivision Name: N/A
  • Water Source City Franchise2: Yes
  • 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

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 5, 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 Arizona Territory
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$250,000
Sold Price
$160,000
Premium/Discount to List
-$90,000
-36%
Views
65
Current Estimated Value
$218,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,443
Avg. Annual Appreciation
21.34%

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
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
Small Spring Llc $160,000 Thomas Title & Escrow Llc
Fong & Sing Family Trust -- None Available
Sing Douglas C -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 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 $464 $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

Agents Affiliated with this Home

  • Rick Padelford

    Seller's Agent in 2024

    Rick Padelford

    Realty Executives

    (602) 690-9120

    3 in this area

    22 Total Sales

    Rick Padelford
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

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

Not Listed for Sale

Lots

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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