NOT LISTED FOR SALE

548 E Belmont Ave Unit 1 Phoenix, AZ 85020

Alhambra Neighborhood

Estimated Value: $874,000 - $1,624,000

0.19 Acre
$6,988,153 Price per Acre
8,346 Sq Ft Lot

Last Sold December 27, 2013

Last sale price $105,000

Est. 1,165% increase in value since last sale

Current estimated payment $7,400/month

365 Days on Market

About This Lot

As of December 2013

TWO BUILDABLE LOTS IN THE MADISON SCHOOL DISTRICT. CONSTRUCTION WILL DO A BUILD TO SUIT OR USE ONE OF HIS FLOORPLANS OR BUY THE LOT OUTRIGHT AND USE YOUR OWN HOME BUILDER. STRUCTURES ARE GONE AND READY TO START CONTRUCTION TOMORROW. LARGER IRRIGATED LOT IN THE HEART OF THE CENTRAL CORRIDOR. LEAST EXPENSIVE LOT AVAILABLE IN THE MADISON SCHOOLS

Last Agent to Sell the Property

Bill Rimsza

Rimsza Realty License #BR023443000 Listed on: 11/21/2012

Last Buyer's Agent

Katherine Smith

HomeSmart License #SA542044000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,332

Lot Details

  • 8,346 Sq Ft Lot
  • Block Wall Fence
  • Additional Parcels
  • Property is zoned R-10

Schools

  • Madison Meadows Elementary And Middle School
  • Central High School

Community Details

  • No Home Owners Association
  • Palm Heigts Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160-38-011-a

Property Details

Property Type

Land

Est. Annual Taxes

$1,332

Lot Details

0

Listing Details

  • Cross Street: 7TH STREET/NORTHERN
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-10
  • Tax Year: 2012
  • Lot Size Acres: 0.19
  • Subdivision Name: PALM HEIGTS
  • Tax Parcel Letter: a
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Madison Meadows School
  • High School: Central High School
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: 63X134
  • Lot Size Sq Ft: 8346.0
  • Number Of Lots: 1
  • Additional Parcels: Yes
  • Parcel #: 160-38-011-a
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1332.0
  • Tax Book Number: 160.00
  • Tax Lot: 1
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2019
Sold by
Geis Peter A and Geis Rebecca L
Bought by
Nicolasora Nelson P and Nicolasora Mary
Current Estimated Value
$1,327,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Outstanding Balance
$345,471
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$982,278

Purchase Details

Closed on
Nov 21, 2018
Sold by
Hansen Michael
Bought by
Geis Peter A and Geis Rebecca L

Purchase Details

Closed on
Nov 2, 2015
Sold by
Mj2 & Co Llc
Bought by
Hansen Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2012
Closed on
Dec 16, 2013
Sold by
Livin Rimsza Anton V
Bought by
Mj2 & Co Llc
Seller's Agent
Bill Rimsza
Rimsza Realty
Buyer's Agent
Katherine Smith
HomeSmart
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.24%
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

Date Buyer Sale Price Title Company
Nicolasora Nelson P $525,000 Old Republic Title Agency
Geis Peter A $479,599 None Available
Hansen Michael $565,000 Old Republic Title Agency
Mj2 & Co Llc $225,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicolasora Nelson P $393,750
Previous Owner Hansen Michael $452,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2013 12/27/13 Sold $105,000 0.0% --
11/20/2013 11/20/13 Pending -- -- --
11/20/2012 11/20/12 For Sale $105,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $5,890 $50,152 -- --
2024 $5,462 $47,764 -- --
2023 $5,462 $85,050 $17,010 $68,040
2022 $5,281 $61,620 $12,320 $49,300
2021 $5,332 $57,320 $11,460 $45,860
2020 $5,240 $55,100 $11,020 $44,080
2019 $5,111 $51,630 $10,320 $41,310
2018 $5,571 $47,780 $9,550 $38,230
2017 $5,309 $45,260 $9,050 $36,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4853020

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-38-011B