NOT LISTED FOR SALE

5541 N 2nd Place Unit 7 Phoenix, AZ 85012

Uptown Phoenix Neighborhood

Estimated Value: $1,604,000 - $2,396,816

0.3 Acre
$6,554,847 Price per Acre
13,068 Sq Ft Lot

Last Sold September 17, 2021

Last sale price $699,000

Est. 181% increase in value since last sale

Current estimated payment $11,488/month

118 Days on Market

Highlights

  • Gated Community
  • Cul-De-Sac
  • Level Lot
  • Madison Richard Simis School Rated A-

About This Lot

As of September 2021

lncredible opportunity to live and build in Central Phoenix! Custom Cul-de-sac lot at the end of a private gated street off E Missouri and N Central Ave.
Contemporary themes follow each home creating a uniform design and dramatic lines. Architectural plans, Geo Report, MPE engineering, and structural
engineering have been completed. City review and permits are expected to be finalized any day now in 2021. The lot and all the pre-construction work to date go with the sale. The plans are for a home over 3,200 SqFt. No two stories allowed. This is the largest home on the largest lot in the community. Don't miss this chance to build your dream home. Plans and engineering are complete. Sale is for vacant lot and plans. Review the size of the lot vs. the footprint of the home. There are about 9,993 square feet of land open for landscape, patio, pool and other exterior gathering areas. The studio and workout room on the plans double as bedrooms with a Jack-Jill bath. The permits in process are for the existing plans only. If any changes to the plans are desired, then the permits will have to be amended or resubmitted along with new engineering. Once the current permits are approved, construction can begin. **For Lot Loan and Construction Loan Information, Contact Josie Cotterman at 1st Intl Bank 480-751-2761, lot loans are set up on a 3 year balloon with an amortized payment between 10 and 30 years. There is 1 point associated with the loan in addition to the traditional real estate closing costs at ~$6,000**

Last Agent to Sell the Property

Michael Liscano

Dana Hubbell Group Brokerage Phone: 602-697-3103 License #SA637482000 Listed on: 05/06/2021

Co-Listed By

Dana Hubbell Peru

Dana Hubbell Group Brokerage Phone: 602-697-3103 License #BR024480000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,348

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Level Lot

HOA Fees

  • $80 Monthly HOA Fees

Eco-Friendly Details

  • North or South Exposure

Schools

  • Madison Elementary School
  • Madison Meadows Middle School
  • Central High School

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 162-36-113

Community Details

Overview

  • One 30 Association, Phone Number (602) 315-2888
  • One 30 Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,348

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Cross Street: E Missouri and N Central Ave
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land, Subdivision Plat Apv, Plans Available, Plans Included
  • Topography: Level
  • Zoning: SFR
  • Tax Year: 2020
  • Directions: E from Missouri Ave, go North on N 2nd Place
  • Attribution Contact: 602-697-3103
  • Horses: No
  • Lot Size Acres: 0.3
  • Road Surface Type: Asphalt, Private Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: dahu001
  • Co List Office Phone: 602-697-3103
  • Subdivision Name: ONE 30
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Land Features:Gated Community3: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Cul-De-Sac, Gated Community, North/South Exp
  • Disclosures: Soil Test
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Annual HOA Fees: 240.0
  • HOA Paid Frequency: Quarterly
  • HOA Telephone: 6023152888
  • HOA Transfer Fee: 500.0
  • Association Fee: 240.0
  • Association Fee Frequency: Quarterly
  • Association Name: One 30
  • Phone: 602-315-2888
  • Association: Yes

Schools

  • Elementary School: Madison Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: 126 x 62 x 165 x 82
  • Lot Size Sq Ft: 13083.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 162-36-113
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4348.0
  • Tax Book Number: 162.00
  • Tax Lot: 7
  • Tax Map Number: 36.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2023
Sold by
Poppy Rgd Llc
Bought by
Aldo Castaneda Living Trust and Castaneda
Current Estimated Value
$1,966,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,200
Outstanding Balance
$715,039
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$1,251,415

Purchase Details

Listed on
May 6, 2021
Closed on
Sep 16, 2021
Sold by
Wind Rose S Property Management Llc
Bought by
Poppy Rgd Llc
Seller's Agent
Michael Liscano
Dana Hubbell Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$799,000
Sold Price
$699,000
Premium/Discount to List
-$100,000
-12.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.18%

Purchase Details

Listed on
Sep 2, 2020
Closed on
Sep 11, 2020
Sold by
White Sand Properties Llc
Bought by
Wind Rose S Property Management Llc
Seller's Agent
Michael Banovac
RMB Realty LLC
Buyer's Agent
Michael Banovac
RMB Realty LLC
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aldo Castaneda Living Trust $2,100,000 Landmark Title
Poppy Rgd Llc $699,000 Empire West Title Agency Llc
Wind Rose S Property Management Llc $650,000 Greystone Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aldo Castaneda Living Trust $726,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $699,000 -10.3% --
09/01/2021 09/01/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $779,000 -2.5% --
05/06/2021 05/06/21 For Sale $799,000 +22.9% --
09/17/2020 09/17/20 Sold $650,000 0.0% --
09/02/2020 09/02/20 Pending -- -- --
09/02/2020 09/02/20 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 $11,799 $99,833 -- --
2024 $4,513 $95,079 -- --
2023 $4,513 $89,730 $89,730 $0
2022 $4,379 $68,070 $68,070 $0
2021 $4,417 $57,870 $57,870 $0
2020 $4,348 $44,955 $44,955 $0
2019 $4,252 $45,675 $45,675 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Liscano

    Seller's Agent in 2021

    Michael Liscano

    Dana Hubbell Group

    (480) 330-1411

    1 in this area

    39 Total Sales

    Michael Liscano
    Section Image
  • Dana Hubbell Peru

    Seller Co-Listing Agent in 2021

    Dana Hubbell Peru

    Dana Hubbell Group

    (602) 697-3103

    1 in this area

    88 Total Sales

    Dana Hubbell Peru
    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

  • Michael Banovac

    Seller's Agent in 2020

    Michael Banovac

    RMB Realty LLC

    (602) 571-4888

    2 in this area

    12 Total Sales

    Michael Banovac
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Robert Banovac

    RMB Realty LLC

    (602) 571-4888

    1 in this area

    4 Total Sales

    Robert Banovac
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6232291

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-36-113

Arizona Maricopa County Phoenix 85012 Uptown Phoenix

5541 N 2nd Place Unit 7, Phoenix, AZ

This home is located at 5541 N 2nd Place Unit 7, Phoenix, AZ 85012 since 06 May 2021 and is currently estimated at $1,966,454. 5541 N 2nd Place Unit 7 is a home located in Maricopa County with nearby schools including Madison Richard Simis School, Madison Meadows 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

Nearby Homes