NOT LISTED FOR SALE

5535 E Broadway Rd Unit 101-124 Mesa, AZ 85206

Leisure World Neighborhood

Estimated Value: $453,000 - $529,000

1.64 Acres
$299,390 Price per Acre
71,438 Sq Ft Lot

Last Sold January 12, 2018

Last sale price $295,725

Est. 66% increase in value since last sale

Current estimated payment $2,871/month

223 Days on Market

About This Lot

As of January 2018

INVESTOR/BUILDER OPPORTUNITY FOR GREAT SITE IN AMAZING LOCATION! BRING US AN OFFER! This site consists of 2.63 Acre, potential condos,town homes etc. It is an amazing development opportunity for this property in a fantastic location Vacant 2.63 acres with plat and plans approved for 24 units. 6 buildings with 4 units each.

Last Listed By

Jackie Munoz

My Home Group Real Estate License #BR531894000 Listed on: 05/02/2017

My Home Group Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,191

Lot Details

  • 1.64 Acre Lot
  • 24 Lots in the community
  • Additional Parcels
  • Property is zoned Existing P.A.D.

Community Details

  • No Home Owners Association
  • Riverwalk Community Subdivision

Listing and Financial Details

  • Tax Lot 101-124
  • Assessor Parcel Number 141-57-174

Property Details

Property Type

Land

Est. Annual Taxes

$1,191

Lot Details

0

Listing Details

  • Cross Street: Broadway & Higley
  • Legal Info Range: 6E
  • Property Type: Land
  • Zoning: Existing P.A.D.
  • Tax Year: 2016
  • Directions: Broadway & Higley Directions: South side of Broadway Rd. east of Higley
  • Lot Size Acres: 1.64
  • Subdivision Name: RIVERWALK COMMUNITY
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association Info Assessed Balance: 320.0
  • Association: No

Lot Info

  • Lot Size: 2.63
  • Lot Size Sq Ft: 71547.0
  • Number Of Lots: 24
  • Additional Parcels: Yes
  • Parcel #: 141-57-174
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1191.0
  • Tax Book Number: 141.00
  • Tax Lot: 101-124
  • Tax Map Number: 57.00
  • Tax Other Annual Assessment Amount: 320.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Et Phone Home Llc
Bought by
Alpine Group Llc
Total Days on Market
223
Current Estimated Value
$491,000

Purchase Details

Closed on
Jul 26, 2018
Sold by
Et Phone Home Llc
Bought by
Alpine Group Llc and Giuseppe Holdings Llc

Purchase Details

Listed on
May 2, 2017
Closed on
Jan 5, 2018
Sold by
Palos Rogelio Sosa and Soto Martinez Del Pilar
Bought by
Et Phone Home Llc
Seller's Agent
Jackie Munoz
My Home Group Real Estate
Buyer's Agent
Eric Dixon
On Q Property Management
List Price
$320,000
Sold Price
$295,725
Premium/Discount to List
-$24,275
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.76%
Original Mortgage
$2,000,000
Interest Rate
3.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 19, 2014
Sold by
Deep Freeze Xiv Llc
Bought by
Palos Rogelio Sosa and Martinez Ma Del Pilar Soto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.16%
Mortgage Type
Seller Take Back

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
Alpine Group Llc $375,000 Pioneer Title Agency Inc
Et Phone Home Llc $295,725 Pioneer Title Agency Inc
Palos Rogelio Sosa $290,000 Greystone Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Et Phone Home Llc $2,000,000
Previous Owner Palos Rogelio Sosa $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2018 01/12/18 Sold $295,725 0.0% --
12/07/2017 12/07/17 Pending -- -- --
11/14/2017 11/14/17 Price Changed $295,725 -7.6% --
04/28/2017 04/28/17 For Sale $320,000 -- --
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 $1,477 $15,047 $15,047 --
2024 $1,489 $14,330 $14,330 --
2023 $1,489 $65,550 $65,550 $0
2022 $1,458 $67,110 $67,110 $0
2021 $1,476 $62,160 $62,160 $0
2020 $1,457 $48,090 $48,090 $0
2019 $1,361 $46,785 $46,785 $0
2018 $1,306 $45,285 $45,285 $0
2017 $1,267 $27,990 $27,990 $0
2016 $1,244 $32,220 $32,220 $0
2015 $1,247 $25,824 $25,824 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5598799

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-57-174