NOT LISTED FOR SALE

4418 S 8th St Unit 5 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $392,000 - $420,916

0.15 Acre
$2,693,193 Price per Acre
6,640 Sq Ft Lot

Last Sold February 28, 2019

Last sale price $36,000

Est. 1,022% increase in value since last sale

Current estimated payment $2,309/month

4 Days on Market

About This Lot

As of February 2019

Great property to build on. Perfect for investment opportunities.

Last Agent to Sell the Property

Gamaliel Moreno

HomeSmart License #SA682096000 Listed on: 02/07/2019

Last Buyer's Agent

Ramiro Gonzalez

Prestige Realty License #BR568659000

Prestige Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $272

Lot Details

  • 6,640 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned M-M

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Community Details

  • No Home Owners Association
  • Broadway Park Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 113-46-080

Property Details

Property Type

Land

Est. Annual Taxes

$272

Lot Details

0

Listing Details

  • Cross Street: 7th and E Dr M.L.K. Jr. Blvd
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: M-M
  • Tax Year: 2018
  • Directions: South on 8th St and Broadway.
  • Lot Size Acres: 0.15
  • Road Surface Type: Asphalt
  • Subdivision Name: BROADWAY PARK
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Block
  • Disclosures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School

Lot Info

  • Lot Size: 0
  • Lot Size Sq Ft: 6640.0
  • Additional Parcels: No
  • Parcel #: 113-46-080
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 272.0
  • Tax Book Number: 113.00
  • Tax Lot: 5
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2023
Sold by
Kim Lundy
Bought by
Kim Lundy and Kim Kevin
Current Estimated Value
$403,979

Purchase Details

Closed on
Oct 5, 2021
Sold by
Az Homes Investments Llc
Bought by
Kim Lundy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2019
Closed on
Feb 27, 2019
Sold by
Casa De Poder House Of Power Inc
Bought by
Az Homes Investments Llc
Seller's Agent
Gamaliel Moreno
HomeSmart
Buyer's Agent
Ramiro Gonzalez
Prestige Realty
List Price
$40,000
Sold Price
$36,000
Premium/Discount to List
-$4,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.56%

Purchase Details

Closed on
Sep 23, 2005
Sold by
Campos Jose Luis and Campos Rosalva
Bought by
Jcb Trinity Properties Llc

Purchase Details

Closed on
Jul 3, 2000
Sold by
Watanabe Gene and Watanabe Lou
Bought by
Campos Jose Luis and Campos Rosalva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
8.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 27, 1999
Sold by
Watanabe Gene and Watanabe Lou
Bought by
Watanabe Gene and Watanabe Lou
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kim Lundy -- None Listed On Document
Kim Lundy $405,000 Empire West Title
Az Homes Investments Llc $36,000 Great American Title Agency
Jcb Trinity Properties Llc -- None Available
Campos Jose Luis $8,000 Fidelity National Title
Watanabe Gene -- Fidelity National Title
Watanabe Gene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Lundy $324,000
Previous Owner Kim Lundy $324,000
Previous Owner Campos Jose Luis $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $36,000 -10.0% --
02/04/2019 02/04/19 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 $2,106 $15,985 -- --
2024 $2,041 $15,224 -- --
2023 $2,041 $27,300 $5,460 $21,840
2022 $1,999 $20,610 $4,120 $16,490
2021 $293 $4,320 $4,320 $0
2020 $289 $3,255 $3,255 $0
2019 $280 $3,120 $3,120 $0
2018 $272 $2,775 $2,775 $0
2017 $260 $2,010 $2,010 $0
2016 $247 $2,025 $2,025 $0
2015 $248 $2,240 $2,240 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gamaliel Moreno

    HomeSmart

  • Ramiro Gonzalez

    Buyer's Agent in 2019

    Ramiro Gonzalez

    Prestige Realty

    (480) 593-8438

    6 in this area

    189 Total Sales

    Ramiro Gonzalez
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5879906

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-46-080

Arizona Maricopa County Phoenix 85040 South Mountain

4418 S 8th St Unit 5, Phoenix, AZ

This home is located at 4418 S 8th St Unit 5, Phoenix, AZ 85040 since 07 February 2019 and is currently estimated at $403,979. 4418 S 8th St Unit 5 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

Nearby Homes