NOT LISTED FOR SALE

5231 N 17th Ave Unit 5 Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $285,000 - $623,778

0.55 Acre
$870,355 Price per Acre
23,903 Sq Ft Lot

Sale Details

Date Sold: October 29, 2021

Last sale price $575,000

Est. 17% decrease in value since last sale

Current estimated payment $2,662 / mo

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

  • 23,903 Sq Ft 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

0.55 Acres

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
  • 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

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 Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2025
Sold by
Bought by
Current Estimated Value
$478,695

Purchase Details

Listed on
Jun 1, 2021
Closed on
Oct 22, 2021
Sold by
Bought by
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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.87%

Purchase Details

Closed on
Feb 18, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 2004
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
-- None Listed On Document
$575,000 Clear Title Agency Of Az
-- None Available
$26,500 Great American Title Agency
$83,232 Great American Title Agency
-- --
-- First American Title Ins Co
$92,700 First American Title Ins Co
$65,000 First American Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $83,430
Previous Owner $83,430
Previous Owner $50,000
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
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

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

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 $967 $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

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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

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