NOT LISTED FOR SALE

5124 N 10th Way Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $1,428,000 - $1,523,000

1.21 Acres
$1,219,981 Price per Acre
52,708 Sq Ft Lot

Last Sold September 28, 2018

Last sale price $850,000

Est. 74% increase in value since last sale

Current estimated payment $8,024/month

11 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • No HOA
  • Phoenix Coding Academy Rated A
  • 1.21 Acre Lot
  • Shed

About This Lot

As of September 2018

5124 N. 10th Way is an infill development parcel located in the heart of Midtown Phoenix. It is walking distance to the 7th Street Corridor near the famed Restaurant Row District. The Restaurant Row District, centered off Fox Restaurant Concepts - The Yard - at 7th Street and Montebello Ave, and surrounding environs have witnessed upwards of $50 million in private investment alone over the last several years as both investors and developers reposition the area into a vibrant urban live/work/play district. Other notable projects in the area include The Colony (restaurant adaptive re-use), Crown on 7th (restaurant/retail adaptive re-use), Pomo Pizzeria (restaurant new build), Pita Jungle (redevelopment), Inhabit on Seventh (fka Cabana on Seventh multifamily redevelopment), as well as... several infill single-family residential developments. It is also less than a mile to the newly refurbished Uptown Plaza at Central and Camelback featuring Shake Shack, Wildflower, and Lou Malnati's Pizzeria as well as the light rail transit center.

The property is located northwest of 12th Street and Camelback Road in an attractive, quiet neighborhood. The property consists of one parcel totaling 1.21 acres or 52,795 total square feet. The current R1-6 Zoning would allow for 6 large single family lots or 7 lots under the PRD option. This parcel offers someone the opportunity to do a small residential development in the heart of Uptown Phoenix, located right in the middle of the popular Central and Biltmore corridors.

Last Agent to Sell the Property

Patrick Burch

ABI Multifamily License #BR515118000 Listed on: 01/19/2018

Co-Listed By

John Klocek

ABI Multifamily License #SA657592000

Last Buyer's Agent

Neven Bajlo

Gentry Real Estate License #SA560815000

Gentry Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,149

Lot Details

  • 1.21 Acre Lot
  • Block Wall Fence
  • Level Lot
  • Property is zoned R1-6

Schools

  • Madison Elementary School
  • Madison Rose Lane Middle School
  • North High School

Additional Features

  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 162-17-092-A

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$1,149

Lot Details

0

Listing Details

  • Cross Street: 12TH STREET AND CAMELBACK ROAD
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: R1-6
  • Tax Year: 2016
  • Horses: Yes
  • Lot Size Acres: 1.21
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Other Structures: Other, See Remarks, Shed(s), Barn(s)

Utilities

  • Electric: APS
  • Water Source: City Franchise, Irr Ditch(es)-Unlnd

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Madison Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Rose Lane School

Lot Info

  • Lot Size: 151.63 x 348.60
  • Lot Size Sq Ft: 52795.0
  • Additional Parcels: No
  • Parcel #: 162-17-092-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1149.18
  • Tax Book Number: 162.00
  • Tax Lot: -
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Tjh Arizona Series Llc Series A
Bought by
Daley Matthew and Nguyen Anthony D
Current Estimated Value
$1,476,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Outstanding Balance
$650,209
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$827,031

Purchase Details

Closed on
Mar 22, 2022
Sold by
Rbr Real Estate Holdings Ii
Bought by
Tjh Arizona Llc # A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,997,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2018
Closed on
Sep 10, 2018
Sold by
Burke Marc W and Burke Loren Adair
Bought by
Done Deal Investments Llc
Seller's Agent
Patrick Burch
ABI Multifamily
Buyer's Agent
Neven Bajlo
Gentry Real Estate
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$954,000
Interest Rate
4.5%
Mortgage Type
Unknown
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
Daley Matthew $1,455,000 Fidelity National Title Agency
Daley Matthew $1,455,000 Fidelity National Title Agency
Tjh Arizona Llc # A $2,375,000 Fidelity National Title
Done Deal Investments Llc $900,000 Fidelity National Title Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daley Matthew $655,000
Closed Daley Matthew $655,000
Previous Owner Tjh Arizona Llc # A $1,997,500
Previous Owner Done Deal Investments Llc $954,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $850,000 -5.0% --
01/19/2018 01/19/18 Price Changed $895,000 0.0% --
10/03/2017 10/03/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $895,000 -- --
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 $2,369 $19,075 $19,075 --
2024 $2,306 $18,166 $18,166 --
2023 $2,306 $28,695 $28,695 $0
2022 $2,237 $25,545 $25,545 $0
2021 $2,256 $27,195 $27,195 $0
2020 $2,221 $26,220 $26,220 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Burch

    Seller's Agent in 2018

    Patrick Burch

    ABI Multifamily

    (520) 603-1768

    11 in this area

    39 Total Sales

    Patrick Burch
    Section Image
  • John Klocek

    Seller Co-Listing Agent in 2018

    John Klocek

    ABI Multifamily

    (602) 639-0088

    9 in this area

    25 Total Sales

    John Klocek
    Section Image
  • Neven Bajlo

    Buyer's Agent in 2018

    Neven Bajlo

    Gentry Real Estate

    (602) 714-7000

    20 Total Sales

    Neven Bajlo
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5663795

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-17-150

Arizona Maricopa County Phoenix 85014 Camelback East Village

5124 N 10th Way, Phoenix, AZ

This home is located at 5124 N 10th Way, Phoenix, AZ 85014 since 19 January 2018 and is currently estimated at $1,476,177. 5124 N 10th Way is a home located in Maricopa County with nearby schools including Madison Rose Lane Elementary School, Madison No. 1 Middle 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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