Seller's Agent in 2026
Greg Johnson
United Southwest Realty
(602) 717-5115
5 in this area
100 Total Sales
4202 S 3rd St Unit 5 Phoenix, AZ 85040
South Mountain Neighborhood
1.06
Acres
$469,811
Price per Acre
46,174
Sq Ft Lot
About This Lot
As of January 2026Located in an OPPORTUNITY ZONE!
Zoned R-4 Multi-Family — Build up to 35 Units!
By 3rd St & Broadway, this 46,228 sq ft parcel is a rare infill opportunity in central Phoenix, just blocks from the Light Rail.
Sewer Tap on 3rd St; plus Water is available from both 3rd St and Riverside St!
Ideal for build-to-rent or pad-split models.
Pad-Split or BTR model = Maximum ROI
Tax Assessed at $500K (We're probably under-pricing this - our loss is your gain!)
Minutes from Sky Harbor, downtown, and freeways
Maricopa Assessor Parcel # 113-13-011
This is a builder's dream — ideal for investors looking to cash in on Phoenix's booming rental market.
Serious buyers only — priced to move.
Multi-family gems like this don't last.
Zoned. Positioned. Priced right. In Opportunity Zone. Let's build!
Last Agent to Sell the Property
United Southwest Realty License #BR008487000 Listed on: 06/20/2025
Last Buyer's Agent
Non-Represented Buyer
Non-MLS Office
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,815
Lot Details
- 1.06 Acre Lot
- Property is zoned R4
Community Details
- No Home Owners Association
- Bowles Sub Subdivision
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 113-13-011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2025
Closed on
Jan 6, 2026
Sold by
Regent Properties Llc
Bought by
Altamura Group Llc
Seller's Agent
Greg Johnson
United Southwest Realty
Buyer's Agent
Non-Represented Buyer
Non-MLS Office
List Price
$639,000
Sold Price
$498,000
Premium/Discount to List
-$141,000
-22.07%
Views
44
Purchase Details
Closed on
Mar 4, 2009
Sold by
Schauer David
Bought by
Regent Properties Llc
Purchase Details
Closed on
Apr 26, 2008
Sold by
Royal Flush Investments Llc
Bought by
Schauer David
Purchase Details
Closed on
Mar 1, 2007
Sold by
F&J Enterprises Llc
Bought by
Royal Flush Enterprises Llc
Purchase Details
Closed on
Jul 6, 2005
Sold by
Giles Fred
Bought by
F & J Enterprises
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2000
Sold by
Elsperger Robert M and Elsperger Lois
Bought by
Giles Fred
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
8.12%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $498,000 | Title Services Of The Valley | |
| Quit Claim Deed | -- | None Available | |
| Deed In Lieu Of Foreclosure | $270,000 | Land Title Agency Of Arizona | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $150,000 | -- | |
| Warranty Deed | $32,000 | Stewart Title & Trust |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $75,000 | New Conventional | |
| Previous Owner | $22,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/12/2026 01/12/26 | Sold | $498,000 | -22.1% | -- |
| 12/07/2025 12/07/25 | Pending | -- | -- | -- |
| 06/20/2025 06/20/25 | For Sale | $639,000 | -- | -- |
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 | $2,890 | $19,165 | $19,165 | -- |
| 2024 | $2,735 | $18,252 | $18,252 | -- |
| 2023 | $2,735 | $47,955 | $47,955 | $0 |
| 2022 | $2,680 | $27,165 | $27,165 | $0 |
| 2021 | $2,735 | $27,165 | $27,165 | $0 |
| 2020 | $2,701 | $21,495 | $21,495 | $0 |
| 2019 | $2,614 | $14,700 | $14,700 | $0 |
| 2018 | $2,543 | $13,620 | $13,620 | $0 |
| 2017 | $2,599 | $14,175 | $14,175 | $0 |
| 2016 | $2,472 | $13,245 | $13,245 | $0 |
| 2015 | $2,606 | $14,128 | $14,128 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Johnson
-
N
Buyer's Agent in 2026
Non-Represented Buyer
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6883246
APN: 113-13-011
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.
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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