NOT LISTED FOR SALE

405 W Dr Martin Luther King jr St Unit 1,2,3 Eloy, AZ 85131

Estimated Value: $35,278 - $40,000

0.52 Acre
$72,383 Price per Acre
22,651 Sq Ft Lot

Last Sold May 22, 2023

Last sale price $35,000

Est. 8% increase in value since last sale

Current estimated payment $215/month

333 Days on Market

Highlights

  • 0.52 Acre Lot
  • Corner Lot
  • No HOA
  • Eloy Junior High School Rated 9+

About This Lot

As of May 2023

Amazing oversized lot for sale in the heart of Eloy! This lot is zoned C-1 (Neighborhood Commercial) but has a potential land use of Medium Density Residential. All utilities are to the lot. Lot is .5 of an acre. Don't miss this great investment opportunity! Eloy is centrally located and minutes from the I-10 freeway and Casa Grande. So much industry is coming to this area.

Last Agent to Sell the Property

Melissa Camargo

Ivory Towers Realty License #SA538490000 Listed on: 06/08/2022

Last Buyer's Agent

Jennifer Chow Dirksen

HomeSmart Premier License #SA684011000

HomeSmart Premier

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $217

Lot Details

  • 0.52 Acre Lot
  • Corner Lot
  • Property is zoned C-1

Eco-Friendly Details

  • North or South Exposure

Schools

  • Eloy Intermediate School
  • Eloy Junior High School
  • Santa Cruz Valley Union High School

Community Details

  • No Home Owners Association
  • Joe Louis Heights Unit No 2 Subdivision

Listing and Financial Details

  • Tax Lot 1,2,3
  • Assessor Parcel Number 405-06-129

Property Details

Property Type

Land

Est. Annual Taxes

$217

Lot Details

0

Listing Details

  • Cross Street: Frontier St. & Main St.
  • Legal Info Range: 08E
  • Property Type: Land
  • Zoning: C-1
  • Tax Year: 2021
  • Directions: From Frontier St, South on Main St., West on Dr. Martin Luther King Jr St.. Lot is located on corner o Washington and MLK St.
  • Lot Size Acres: 0.52
  • Road Surface Type: Asphalt
  • Subdivision Name: JOE LOUIS HEIGHTS UNIT NO 2
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Commercial

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Eloy Intermediate School
  • High School: Santa Cruz Valley Union High School
  • Middle Or Junior School: Eloy Junior High School

Lot Info

  • Lot Size: 149x150
  • Lot Size Sq Ft: 22504.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 405-06-129
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 217.0
  • Tax Book Number: 405.00
  • Tax Lot: 1,2,3
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
May 22, 2023
Sold by
Mcgregor Elizabeth
Bought by
Nganga Judy N
Seller's Agent
Melissa Camargo
Ivory Towers Realty
Buyer's Agent
Jennifer Chow Dirksen
HomeSmart Premier
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%
Views
244
Current Estimated Value
$37,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,639
Avg. Annual Appreciation
3.10%

Purchase Details

Closed on
Oct 13, 2006
Sold by
Rose Emerson
Bought by
Mcgregor Elizabeth
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
Nganga Judy N $35,000 Pioneer Title
Mcgregor Elizabeth -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2023 05/22/23 Sold $35,000 0.0% --
08/17/2022 08/17/22 Price Changed $35,000 -12.5% --
06/08/2022 06/08/22 For Sale $40,000 -- --
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 $186 -- -- --
2024 $200 -- -- --
2023 $197 $1,125 $1,125 $0
2022 $200 $1,125 $1,125 $0
2021 $217 $1,200 $0 $0
2020 $217 $1,200 $0 $0
2019 $217 $1,200 $0 $0
2018 $228 $1,200 $0 $0
2017 $221 $1,200 $0 $0
2016 $232 $1,200 $1,200 $0
2014 -- $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6413411

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-06-129