NOT LISTED FOR SALE

4031 S 15th St Unit 12 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $146,000 - $356,000

0.46 Acre
$441,459 Price per Acre
20,038 Sq Ft Lot

Last Sold June 15, 2017

Last sale price $65,000

Est. 212% increase in value since last sale

Current estimated payment $1,107/month

30 Days on Market

About This Lot

As of June 2017

Great opportunity to buy some land in a highly desired area!, What a find!, nearly half an acre lot in Norman Acres, zoned R-4; residential/multifamily, great access to Downtown Phoenix, I-10, Sky Harbor, great opportunity to build on a lot surrounded beautiful views and centrally located, bring all offers.

Last Agent to Sell the Property

Cesar Macias Palomino

HomeSmart License #SA665904000 Listed on: 04/10/2017

HomeSmart

Last Buyer's Agent

Cesar Macias Palomino

My Home Group Real Estate License #SA665904000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $297

Lot Details

  • 0.46 Acre Lot
  • Property is zoned R4

Community Details

  • No Home Owners Association
  • Norman Acres Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 113-27-012

Property Details

Property Type

Land

Est. Annual Taxes

$297

Lot Details

0

Listing Details

  • Cross Street: Broadway and 16th Street
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R4
  • Tax Year: 297
  • Directions: (N) on 16th Street to Wood, (W) to 15th Street, (N) to property on the right
  • Lot Size Acres: 0.46
  • Road Surface Type: Asphalt
  • Subdivision Name: NORMAN ACRES
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: 67 x 302
  • Lot Size Sq Ft: 19932.0
  • Additional Parcels: No
  • Parcel #: 113-27-012
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 297.0
  • Tax Book Number: 113.00
  • Tax Lot: 12
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jun 5, 2017
Sold by
Contreras Medina Veronica and Contreras Sanchez Rosalio
Bought by
Sanchez Rosalio Contreras
Seller's Agent
Cesar Macias Palomino
HomeSmart
Buyer's Agent
Cesar Macias Palomino
HomeSmart
List Price
$69,000
Sold Price
$65,000
Premium/Discount to List
-$4,000
-5.8%
Current Estimated Value
$203,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,071
Avg. Annual Appreciation
14.62%
Original Mortgage
$40,000
Outstanding Balance
$27,251
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$175,820

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jun 2, 2017
Sold by
Elguera Jose A Smith and Elguera Jose A Smith
Bought by
Sanchez Rosalio Contreras
Seller's Agent
Cesar Macias Palomino
HomeSmart
Buyer's Agent
Cesar Macias Palomino
HomeSmart
List Price
$69,000
Sold Price
$65,000
Premium/Discount to List
-$4,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$27,251
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$175,820

Purchase Details

Closed on
Jun 20, 2011
Sold by
Valenzuela Olivas Alfredo P and Valenzuela Lopez Adriana A
Bought by
Elguera Jose Alredo Smith

Purchase Details

Closed on
Dec 22, 2009
Sold by
Verdugo Gonzalez Aurelio Armenta and Verdugo De Armenta Maria Petra Valenzuela
Bought by
Valenzuela Olivas Alfredo P and Valenzuela Lopez Adriana A

Purchase Details

Closed on
Dec 4, 2009
Sold by
M & I Marshall & Ilsley Bank
Bought by
Verdugo Gonzales Aurelio Armenta and Verdugo De Armenta Maria Petra Valenzuela

Purchase Details

Closed on
Mar 26, 2009
Sold by
Nguyen Thanh
Bought by
M & I Marshall & Ilsley Bank

Purchase Details

Closed on
Aug 24, 2006
Sold by
Star Development Corp
Bought by
Nguyen Thanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2006
Sold by
Hurt Norma J
Bought by
Aspen 212 Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2006
Sold by
Aspen 212 Property Investments Lc
Bought by
Star Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
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
Sanchez Rosalio Contreras -- Security Title Agency
Sanchez Rosalio Contreras $65,000 Security Title Agency Inc
Elguera Jose Alredo Smith -- None Available
Valenzuela Olivas Alfredo P -- None Available
Verdugo Gonzales Aurelio Armenta $13,000 Security Title Agency
M & I Marshall & Ilsley Bank $76,151 Security Title Agency
Nguyen Thanh $220,000 Grand Canyon Title Agency In
Aspen 212 Property Investments Llc -- None Available
Star Development Corp $490,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Rosalio Contreras $40,000
Previous Owner Nguyen Thanh $154,000
Previous Owner Star Development Corp $294,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2017 06/15/17 Sold $65,000 -5.8% --
05/10/2017 05/10/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $69,000 -- --
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 $362 $2,467 $2,467 --
2024 $352 $2,349 $2,349 --
2023 $352 $15,960 $15,960 $0
2022 $345 $12,660 $12,660 $0
2021 $352 $11,475 $11,475 $0
2020 $348 $9,855 $9,855 $0
2019 $336 $4,860 $4,860 $0
2018 $327 $2,685 $2,685 $0
2017 $312 $1,740 $1,740 $0
2016 $297 $1,590 $1,590 $0
2015 $555 $3,008 $3,008 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5588487

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-27-012

Arizona Maricopa County Phoenix 85040 South Mountain

4031 S 15th St Unit 12, Phoenix, AZ

This home is located at 4031 S 15th St Unit 12, Phoenix, AZ 85040 since 10 April 2017 and is currently estimated at $203,071. 4031 S 15th St Unit 12 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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