NOT LISTED FOR SALE

5020 S 16th St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $604,001

0.98 Acre
$616,328 Price per Acre
42,689 Sq Ft Lot

Last Sold July 19, 2022

Last sale price $600,000

Est. 1% increase in value since last sale

Current estimated payment $3,447/month

310 Days on Market

Highlights

  • 0.98 Acre Lot
  • No HOA
  • East or West Exposure
  • Phoenix Coding Academy Rated A
  • Wood Fence

About This Lot

As of July 2022

A rare prime A-2 industrial lot in close proximity to freeways, Phoenix CBD and Sky Harbor Airport. Ideal for contractors, manufacturers, storage yard.

Last Agent to Sell the Property

Steven Skarphol

HomeSmart Brokerage Email: steve@skarphol.com License #BR019829000 Listed on: 08/31/2021

HomeSmart

Last Buyer's Agent

Guillermo Luevano

Realty ONE Group License #SA579634000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,692

Lot Details

  • 0.98 Acre Lot
  • East or West Exposure
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned A-2

Schools

  • Martin Luther King Early Childhood Center Elementary School
  • Percy L Julian Middle School
  • South Mountain High School

Community Details

  • No Home Owners Association
  • South Phoenix Industrial Subdivision

Listing and Financial Details

  • Assessor Parcel Number 113-54-014

Property Details

Property Type

Land

Est. Annual Taxes

$2,692

Lot Details

0

Listing Details

  • Cross Street: 16th St and Broadway Road
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: {"Level":true}
  • Zoning: A-2
  • Tax Year: 2020
  • Directions: South on 16th St to the property. Sign on property.
  • Attribution Contact: steve@skarphol.com
  • Lot Size Acres: 0.98
  • Road Surface Type: Private Street, Curb(s) & Gutter(s)
  • Subdivision Name: South Phoenix - Industrial
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Commercial, Industrial

Exterior Features

  • Fencing: Block, Chain Link, Concrete Panel, Wood
  • Lot Features: East/West Exposure
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Martin Luther King Early Childhood Center
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Percy L Julian School

Lot Info

  • Lot Size: 110 x 388
  • Lot Size Sq Ft: 42863.0
  • Additional Parcels: No
  • Parcel #: 113-54-014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2692.0
  • Tax Book Number: 113.00
  • Tax Lot: -
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Jul 12, 2022
Sold by
Neal Daryl E and Neal Pamela L
Bought by
Another Level Of Transportation Services Llc
Seller's Agent
Steven Skarphol
HomeSmart
Buyer's Agent
Guillermo Luevano
Realty ONE Group
List Price
$875,000
Sold Price
$600,000
Premium/Discount to List
-$275,000
-31.43%
Current Estimated Value
$604,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,001
Avg. Annual Appreciation
-0.60%

Purchase Details

Closed on
Jun 25, 2005
Sold by
Llian Karchev Oggy and Llian Tchovanov
Bought by
Neal Daryl E and Neal Pamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2004
Sold by
Batres Sergio and Webster Amies E
Bought by
Karchev Oggy and Tchovanov Ilian

Purchase Details

Closed on
Mar 26, 2003
Sold by
Webster Amies E and Webster Bonnie G
Bought by
Batres Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.72%
Mortgage Type
Seller Take Back
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
Another Level Of Transportation Services Llc $600,000 Roc Title
Neal Daryl E $275,000 --
Karchev Oggy $202,981 Fidelity National Title
Batres Sergio -- Westland Title Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neal Daryl E $200,000
Previous Owner Batres Sergio $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2022 07/19/22 Sold $600,000 -4.0% --
06/25/2022 06/25/22 Price Changed $625,000 -10.1% --
03/16/2022 03/16/22 Price Changed $695,000 -12.6% --
10/26/2021 10/26/21 Price Changed $795,000 -9.1% --
08/31/2021 08/31/21 For Sale $875,000 -- --
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 $2,934 $19,976 $19,976 --
2024 $2,851 $19,024 $19,024 --
2023 $2,851 $38,550 $38,550 $0
2022 $2,671 $17,730 $16,950 $780
2021 $2,726 $18,435 $16,950 $1,485
2020 $2,692 $20,625 $16,935 $3,690
2019 $2,605 $14,595 $12,840 $1,755
2018 $2,535 $13,575 $11,880 $1,695
2017 $2,441 $13,425 $12,375 $1,050
2016 $2,322 $12,615 $11,565 $1,050
2015 $2,332 $12,640 $11,536 $1,104
Source: Public Records

Agents Affiliated with this Home

  • Steven Skarphol

    Seller's Agent in 2022

    Steven Skarphol

    HomeSmart

    (602) 317-5164

    1 in this area

    50 Total Sales

    Steven Skarphol
    Section Image
  • Guillermo Luevano

    Buyer's Agent in 2022

    Guillermo Luevano

    Realty One Group

    (480) 430-2851

    1 in this area

    4 Total Sales

    Guillermo Luevano
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6286957

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-54-014

Arizona Maricopa County Phoenix 85040 South Mountain

5020 S 16th St, Phoenix, AZ

This home is located at 5020 S 16th St, Phoenix, AZ 85040 since 31 August 2021 and is currently estimated at $604,001. 5020 S 16th St 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

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