NOT LISTED FOR SALE

Estimated Value: $1,336,000 - $1,567,000

1.21 Acres
$1,192,183 Price per Acre
52,708 Sq Ft Lot

Sale Details

Date Sold: September 28, 2018

Last sale price $850,000

Est. 72% increase in value since last sale

Current estimated payment $9,350 / mo

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 5 large single family lots or 6 lots with a variance. 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

  • $1,031

Lot Details

  • 1.21 Acre Lot
  • 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

$1,031

Lot Details

1.21 Acres

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: 2015
  • 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: 1030.56
  • Tax Book Number: 162.00
  • Tax Lot: -
  • Tax Map Number: 17.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $850,000 -5.0% --
01/19/2018 01/19/18 Price Changed $895,000 -2.7% --
10/03/2017 10/03/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $920,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5663796

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-17-150

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