NOT LISTED FOR SALE

5231 N 17th Ave Unit 5 Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $422,000 - $608,000

0.55 Acre
$959,838 Price per Acre
23,958 Sq Ft Lot

Last Sold October 29, 2021

Last sale price $575,000

Est. 8% decrease in value since last sale

Current estimated payment $2,869/month

92 Days on Market

About This Lot

As of October 2021

Take advantage of an excellent infill location within the new high-density MF/Condo Zoning Qualified location for The Walkable Urban Code (WU Code). The new code is part of the REINVENTPHX Program. The code regulates development and was created to replace existing zoning to allow for higher urban density along the light rail:
• 48' – 4 Stories
• Higher density with less parking per unit
• 50+ units possible by combining both parcels
VALUE-ADD Assemblage possible with adjacent apartment property--See MLS #6244051

Last Agent to Sell the Property

Jonathan Coffen

Orion Investment Real Estate License #SA644111000 Listed on: 06/01/2021

Co-Listed By

Arvle Knight

Transworld Business Advisors of Phoenix NE License #BR535084000

Last Buyer's Agent

Bala Subramanian

HomeSmart License #SA660280000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $890

Lot Details

  • 0.55 Acre Lot
  • Property is zoned R-3

Additional Homes

  • Residence on Property

Community Details

  • No Home Owners Association
  • Nile Tract Block 2 Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 156-39-034

Property Details

Property Type

Land

Est. Annual Taxes

$890

Lot Details

0

Listing Details

  • Cross Street: 17th Ave and Colter
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-3
  • Tax Year: 2020
  • Directions: North to property on east side of street
  • Lot Size Acres: 0.55
  • Co List Office Mls Id: mlso106
  • Co List Office Phone: 480-634-6934
  • Subdivision Name: NILE TRACT BLOCK 2
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Lot Features: See Remarks, Other
  • Disclosures: None
  • Other Structures: Residence

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association Info Assessed Years Left: 1
  • Association: No

Lot Info

  • Lot Size: .55
  • Lot Size Sq Ft: 23903.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 156-39-034
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 890.0
  • Tax Book Number: 156.00
  • Tax Lot: 5
  • Tax Map Number: 39.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Oct 22, 2021
Sold by
Gonzalez Eduardo
Bought by
Kacita Real Estate Llc
Seller's Agent
Jonathan Coffen
Orion Investment Real Estate
Buyer's Agent
Bala Subramanian
HomeSmart
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%
Current Estimated Value
$527,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,089
Avg. Annual Appreciation
-2.12%

Purchase Details

Closed on
Feb 18, 2015
Sold by
Rodriguez Julia and Gonzalez Eduardo
Bought by
Gonzalez Eduardo

Purchase Details

Closed on
Aug 3, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gonzalez Eduardo and Rodriguez Julia

Purchase Details

Closed on
Apr 16, 2010
Sold by
Monka Daniel W
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 26, 2004
Sold by
Monka Daniel W
Bought by
Monka Daniel W and Sevilla Jose Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,430
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2003
Sold by
Monka Elba G
Bought by
Monka Daniel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,430
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2003
Sold by
Ortega Francisco J and Ortega Teresa D
Bought by
Monka Daniel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,430
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2001
Sold by
Scarborough Charles and Scarborough Robert Thomas
Bought by
Ortega Francisco J and Saldana Teresa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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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
Kacita Real Estate Llc $575,000 Clear Title Agency Of Az
Gonzalez Eduardo -- None Available
Gonzalez Eduardo $26,500 Great American Title Agency
Federal Home Loan Mortgage Corp $83,232 Great American Title Agency
Monka Daniel W -- --
Monka Daniel W -- First American Title Ins Co
Monka Daniel W $92,700 First American Title Ins Co
Ortega Francisco J $65,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monka Daniel W $83,430
Previous Owner Monka Daniel W $83,430
Previous Owner Ortega Francisco J $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $575,000 -11.5% --
06/01/2021 06/01/21 For Sale $650,000 -- --
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 $935 $7,450 -- --
2024 $903 $7,095 -- --
2023 $903 $22,930 $4,580 $18,350
2022 $898 $20,530 $4,100 $16,430
2021 $913 $19,500 $3,900 $15,600
2020 $890 $17,280 $3,450 $13,830
2019 $852 $13,780 $2,750 $11,030
2018 $824 $12,270 $2,450 $9,820
2017 $756 $11,080 $2,210 $8,870
2016 $729 $9,250 $1,850 $7,400
2015 $678 $7,820 $1,560 $6,260
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Coffen

    Seller's Agent in 2021

    Jonathan Coffen

    Orion Investment Real Estate

    (602) 653-3600

    1 in this area

    3 Total Sales

    Jonathan Coffen
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Arvle Knight

    Transworld Business Advisors of Phoenix NE

    Section Image
  • Bala Subramanian

    Buyer's Agent in 2021

    Bala Subramanian

    HomeSmart

    (602) 478-9624

    1 in this area

    6 Total Sales

    Bala Subramanian
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6244056

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-39-034

Arizona Maricopa County Phoenix 85015 Alhambra

5231 N 17th Ave Unit 5, Phoenix, AZ

This home is located at 5231 N 17th Ave Unit 5, Phoenix, AZ 85015 since 01 June 2021 and is currently estimated at $527,911. 5231 N 17th Ave Unit 5 is a home located in Maricopa County with nearby schools including Solano School, Osborn Middle School, and Central High School.

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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