$625,000
$275K PRICE DROP

Estimated payment $3,794/month

Total Views 13,553
0.9 Acre
$694,444 Price per Acre
39,204 Sq Ft Lot

Highlights

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

About This Lot

Prime development opportunity on this nearly 1 acre R-4 zoned Lot directly off the Loop 202 & Van Buren. Highest and best use of this lot is a 3 story apartment building. Current density is 29 units/acre. Opportunity also exists to potentially rezone to R-5 zoning, which would allow 4 stories & increased density. Neighboring apartment complexes are zoned R-5.

Listing Agent

John Gurczak

MCO Realty License #SA665896000 Listed on: 06/04/2025

Co-Listing Agent

Irene Gurczak

MCO Realty License #SA633216000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,984

Lot Details

  • 0.9 Acre Lot
  • Level Lot
  • Property is zoned R-4

Community Details

  • No Home Owners Association
  • Papago Addition 3 Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 125-05-029-B

Property Details

Property Type

Land

Est. Annual Taxes

$4,984

Lot Details

0

Listing Details

  • Cross Street: 52nd St. & Van Buren
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: R-4
  • Tax Year: 2023
  • Lot Size Acres: 0.9
  • Co List Office Mls Id: mcoa01
  • Co List Office Phone: 480-837-2500
  • Subdivision Name: PAPAGO ADDITION 3
  • Tax Parcel Letter: B
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Commercial, Industrial

Exterior Features

  • Disclosures: ALTA Survey Alba
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 39204.0
  • Additional Parcels: No
  • Parcel #: 125-05-029-B

Tax Info

  • Tax Annual Amount: 4984.0
  • Tax Book Number: 125.00
  • Tax Lot: 28
  • Tax Map Number: 5.00

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $625,000 -7.4% --
06/04/2025 06/04/25 For Sale $675,000 0.0% --
06/01/2025 06/01/25 Off Market $675,000 -- --
03/20/2025 03/20/25 Price Changed $675,000 -10.0% --
02/06/2025 02/06/25 Price Changed $750,000 -6.3% --
11/25/2024 11/25/24 Price Changed $800,000 -11.1% --
08/15/2024 08/15/24 For Sale $900,000 +350.0% --
08/31/2018 08/31/18 Sold $200,000 -19.4% --
07/19/2018 07/19/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $248,100 0.0% --
01/23/2018 01/23/18 Pending -- -- --
01/02/2018 01/02/18 Price Changed $248,100 0.0% --
12/22/2017 12/22/17 Price Changed $248,200 0.0% --
12/04/2017 12/04/17 Price Changed $248,300 0.0% --
12/01/2017 12/01/17 Price Changed $248,400 0.0% --
11/27/2017 11/27/17 Price Changed $248,500 0.0% --
11/20/2017 11/20/17 Price Changed $248,600 0.0% --
11/13/2017 11/13/17 Price Changed $248,700 0.0% --
11/08/2017 11/08/17 Price Changed $248,800 0.0% --
11/03/2017 11/03/17 Price Changed $248,900 0.0% --
10/30/2017 10/30/17 Price Changed $249,000 -0.4% --
08/16/2017 08/16/17 For Sale $250,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6744417

Arizona Regional Multiple Listing Service (ARMLS)