NOT LISTED FOR SALE

Estimated Value: $171,573 - $281,000

0.36 Acre
$628,575 Price per Acre
15,682 Sq Ft Lot

Last Sold November 22, 2013

Last sale price $75,000

Est. 202% increase in value since last sale

Current estimated payment $1,360/month

30 Days on Market

About This Lot

As of November 2013

LAND FOR SALE IN OLD TOWN AVONDALE BUSINESS DISTRICT!!! C-2, Commercial, land. Site engineering and site plans completed (certified engineering drawings for 4,000 SF building available). NEW BUSINESS INCENTIVES BY AVONDALE CITY GOVERNMENT (will offer sales tax rebates). Discounts of up to 50% on permit and revenue fees from the City of Avondale. Located in Old Town Avondale Business District. Less than 2 miles to I-10, near Goodyear Airport, Goodyear Ballpark, Avondale Town Center and the future Goodyear City Center. (REF GPE3746)

Last Listed By

Ronald Genovese

Avison Young License #BR008010000 Listed on: 08/02/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,108

Lot Details

  • 0.36 Acre Lot
  • Property is zoned C-2

Schools

  • Agua Fria High School

Community Details

  • No Home Owners Association
  • Coldwater Business Park Lot 1 5 Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 500-45-066-B

Property Details

Property Type

Land

Est. Annual Taxes

$1,108

Lot Details

0

Listing Details

  • Cross Street: E/SEC S. Litchfield Road & W. Western Avenue.
  • Legal Info Range: 1W
  • Property Type: Land
  • Zoning: C-2
  • Tax Year: 2012
  • Directions: I-10 (Papago Freeway) to N. Litchfield Road south, then east on W. Western Avenue (W.
  • Lot Size Acres: 0.36
  • Road Surface Type: Asphalt
  • Subdivision Name: Coldwater Business Park Lot 1-5
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Retail, Commercial, Industrial, Office, Pad Site, Hotel/Motel, PAD

Exterior Features

  • Disclosures: Other (See Rmks)
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Agua Fria High School

Lot Info

  • Lot Size: 84.05' X 175' C 90.05' X 175'
  • Lot Size Sq Ft: 15837.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 500-45-066-B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1107.52
  • Tax Book Number: 500.00
  • Tax Lot: 2
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2018
Sold by
Martinez Martin
Bought by
Jaime Luz Elvia and Jaime Luz Elvia
Total Days on Market
30
Current Estimated Value
$226,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,957,000
Outstanding Balance
$1,693,121
Interest Rate
4.04%
Mortgage Type
Commercial
Estimated Equity
-$1,413,575

Purchase Details

Listed on
Aug 2, 2013
Closed on
Nov 20, 2013
Sold by
Kegelman Catherine and Rossi Dino D
Bought by
Jaime Luz E
Seller's Agent
Ronald Genovese
Avison Young
Buyer's Agent
Ronald Genovese
Avison Young
List Price
$105,000
Sold Price
$75,000
Premium/Discount to List
-$30,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%

Purchase Details

Closed on
Aug 17, 2005
Sold by
Westgood Investments Llc
Bought by
Rossi Dino D and Kegelman Catherine

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
Jaime Luz Elvia -- Clear Title Agency Of Arizon
Jaime Luz E $75,000 Thomas Title & Escrow
Rossi Dino D $100,000 Arizona Title Agency Inc
Westgood Investments Llc -- Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaime Luz Elvia $1,957,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2013 11/22/13 Sold $75,000 -28.6% --
09/01/2013 09/01/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $105,000 -- --
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 $1,203 $11,503 $11,503 --
2024 $1,192 $10,955 $10,955 --
2023 $1,192 $19,485 $19,485 $0
2022 $1,148 $14,730 $14,730 $0
2021 $1,212 $14,730 $14,730 $0
2020 $1,174 $12,930 $12,930 $0
2019 $1,167 $12,435 $12,435 $0
2018 $1,172 $8,175 $8,175 $0
2017 $1,165 $7,935 $7,935 $0
2016 $1,286 $9,600 $9,600 $0
2015 $1,276 $8,720 $8,720 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4977408

Arizona Regional Multiple Listing Service (ARMLS)

APN: 500-45-066B