NOT LISTED FOR SALE

Estimated Value: $230,000 - $342,608

0.97 Acres
$276,188 Price per Acre
42,253 Sq Ft Lot

Last Sold October 17, 2018

Last sale price $95,000

Est. 182% increase in value since last sale

Current estimated payment $1,499/month

Highlights

  • 0.97 Acre Lot
  • Corner Lot
  • No HOA
  • Phoenix Coding Academy Rated A

About This Lot

As of October 2018

Excellent opportunity for investor/builder to prepare and/or develop almost 1 acre of level ground with easy access to street-side utilities. This property has R5 city zoning and will allow for Multi-family and high density housing. This should allow for a minimum of 5 to 10 dwelling units per acre. Lot location has close proximity to public transportation, freeways and Downtown Phoenix.

Last Agent to Sell the Property

Michael & Maricruz

eXp Realty License #BR039035000 Listed on: 09/08/2018

eXp Realty

Last Buyer's Agent

Michael & Maricruz

eXp Realty License #BR039035000 Listed on: 09/08/2018

eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $321

Lot Details

  • 0.97 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned R5

Schools

  • Roosevelt Elementary School
  • Picacho Middle School
  • Phoenix Union Cyber High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 122-39-027

Property Details

Property Type

Land

Est. Annual Taxes

$321

Lot Details

0.97 Acres

Listing Details

  • Cross Street: 16th St and Broadway Rd
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: R5
  • Tax Year: 2017
  • Horses: No
  • Lot Size Acres: 0.97
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reex02
  • Co List Office Phone: 480-355-3500
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Lot Features: Corner Lot
  • Disclosures: None
  • Other Structures: Abandoned

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: Phoenix Union Cyber High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Picacho School

Lot Info

  • Lot Size: 336.78 x 128.44 x 326.40 x 126.76
  • Lot Size Sq Ft: 42272.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 122-39-027
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 321.0
  • Tax Book Number: 122.00
  • Tax Lot: -
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2018
Closed on
Sep 21, 2018
Sold by
Pathi Renuka
Bought by
Pathi Amarkumar
Seller's Agent
Michael & Maricruz
eXp Realty
Buyer's Agent
Michael & Maricruz
eXp Realty
List Price
$95,000
Sold Price
$95,000
Current Estimated Value
$267,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,902
Avg. Annual Appreciation
15.08%

Purchase Details

Listed on
Sep 8, 2018
Closed on
Sep 20, 2018
Sold by
Phillips Robert Lee
Bought by
Pathi Amarkumar
Seller's Agent
Michael & Maricruz
eXp Realty
Buyer's Agent
Michael & Maricruz
eXp Realty
List Price
$95,000
Sold Price
$95,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pathi Amarkumar -- Empire West Title Agency Llc
Pathi Amarkumar $95,000 Empire West Title Agency Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2018 10/17/18 Sold $95,000 0.0% --
09/07/2018 09/07/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $95,000 -- --
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 $1,473 $9,773 -- --
2024 $1,395 $9,307 -- --
2023 $1,395 $18,120 $3,620 $14,500
2022 $1,367 $12,600 $2,520 $10,080
2021 $1,749 $16,860 $16,290 $570
2020 $1,727 $16,845 $16,290 $555
2019 $393 $6,150 $1,230 $4,920
2018 $344 $5,600 $1,120 $4,480
2017 $321 $4,320 $860 $3,460
2016 $305 $3,760 $750 $3,010
2015 $283 $2,970 $590 $2,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5817483

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-39-027

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