NOT LISTED FOR SALE

5233 E Polk St Unit 53 Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $177,000 - $697,000

0.92 Acre
$535,870 Price per Acre
40,075 Sq Ft Lot

Last Sold October 17, 2014

Last sale price $155,000

Est. 218% increase in value since last sale

Current estimated payment $2,756/month

37 Days on Market

Highlights

  • 0.92 Acre Lot
  • Corner Lot
  • No HOA
  • Phoenix Coding Academy Rated A

About This Lot

As of October 2014

Great multi-family in-fill project for investor/developer. Area is developing - check out the new apartments across the street at 5302 E Van Buren and down the street at 2315 N. 52nd St. as examples. Many new, similar high density, multi-family developments in the area. Hard to find R-5 ZONING (allows higher density & 4-story) results in up to 39 residential units on this property without rezoning. Even at 18 condos, this is $16,667 PER CONDO UNIT land acquisition cost!!! This condo is right off the frontage road for I-143. Near the Botanical Gardens and the Phoenix Zoo. 3 parcels included in this sale 125-04-009, 010 and 011-A. Buy before land prices catch up. Short sale with a small bank and is negotiated by a successful team for great results.

Last Agent to Sell the Property

Georgi Stratton

Realty ONE Group License #BR638257000 Listed on: 03/04/2014

Realty ONE Group

Last Buyer's Agent

Rachel Breeze

Realty ONE Group License #SA641615000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,124

Lot Details

  • 0.92 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • 3 Lots in the community
  • Additional Parcels
  • Property is zoned Multi Family R5

Schools

  • Burk Elementary School

Mobile Home

Additional Features

  • North or South Exposure
  • Residence on Property

Community Details

  • No Home Owners Association
  • Caldwell Add Subdivision

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 125-04-011-A

Property Details

Property Type

Land

Est. Annual Taxes

$2,124

Lot Details

0

Listing Details

  • Cross Street: Polk Street and 53rd Street
  • Legal Info Range: 4E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: Multi Family R5
  • Tax Year: 2013
  • Lot Size Acres: 0.92
  • Road Surface Type: Asphalt
  • Subdivision Name: Caldwell Add
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Corner Lot, Dual Street Ftg, North/South Exp
  • Disclosures: None
  • Other Structures: Abandoned, Mobile Home, Residence

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Burk Elementary School

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 40250.0
  • Number Of Lots: 3
  • Additional Parcels: Yes
  • Parcel #: 125-04-011-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2124.2
  • Tax Book Number: 125.00
  • Tax Lot: 53
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2014
Closed on
Oct 15, 2014
Sold by
Venus Investments Llc
Bought by
H & M Enterprises Inc
Seller's Agent
Georgi Stratton
Realty ONE Group
Buyer's Agent
Rachel Breeze
Realty ONE Group
List Price
$300,000
Sold Price
$155,000
Premium/Discount to List
-$145,000
-48.33%
Current Estimated Value
$493,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,000
Avg. Annual Appreciation
11.05%

Purchase Details

Closed on
May 4, 2006
Sold by
Noga Properties Llc
Bought by
Venus Investments Llc

Purchase Details

Closed on
Jul 12, 2000
Sold by
Moore Robert H
Bought by
Moore Robert H and Robert H Moore Revocable Living Trust
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
H & M Enterprises Inc $155,000 Chicago Title Agency Inc
Venus Investments Llc $750,000 Capital Title Agency Inc
Noga Properties Llc $570,000 Capital Title Agency Inc
Moore Robert H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $155,000 -48.3% --
04/09/2014 04/09/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $300,000 -- --
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 $2,042 $16,005 $16,005 --
2024 $1,904 $15,242 $15,242 --
2023 $1,904 $30,210 $30,210 $0
2022 $1,835 $18,525 $18,525 $0
2021 $1,866 $14,760 $14,760 $0
2020 $1,832 $12,540 $12,540 $0
2019 $2,474 $29,790 $29,790 $0
2018 $2,330 $22,545 $22,545 $0
2017 $2,232 $22,545 $22,545 $0
2016 $2,184 $20,880 $20,880 $0
2015 $696 $7,680 $1,530 $6,150
Source: Public Records

Agents Affiliated with this Home

  • Georgi Stratton

    Seller's Agent in 2014

    Georgi Stratton

    Realty One Group

    (480) 695-6565

    70 Total Sales

    Georgi Stratton
    Section Image

  • R

    Buyer's Agent in 2014

    Rachel Breeze

    Realty One Group

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5078728

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-04-011A

Arizona Maricopa County Phoenix 85008 Camelback East Village

5233 E Polk St Unit 53, Phoenix, AZ

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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