NOT LISTED FOR SALE

5646 S 7th Place Unit 15 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $406,000 - $474,000

0.15 Acre
$2,945,927 Price per Acre
6,334 Sq Ft Lot

Last Sold July 14, 2018

Last sale price $40,000

Est. 1,005% increase in value since last sale

Current estimated payment $2,669/month

49 Days on Market

About This Lot

As of July 2018

Infill lot opportunity. Property is located near schools, shopping, freeways, and downtown Phoenix.

Last Agent to Sell the Property

Timothy Schutt

Wrangler Real Estate License #BR567000000 Listed on: 04/25/2018

Co-Listed By

Richard Schutt

Wrangler Real Estate License #BR108116000

Last Buyer's Agent

Ramiro Gonzalez

Prestige Realty License #BR568659000

Prestige Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $253

Year Built

  • 2021

Lot Details

  • 6,334 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned R-3

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Community Details

  • No Home Owners Association
  • Suburban Gardens Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 113-57-047

Property Details

Property Type

Land

Est. Annual Taxes

$253

Year Built

2021

Lot Details

0

Listing Details

  • Cross Street: 7th Ave / Southern Ave.
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-3
  • Tax Year: 2017
  • Directions: North on 7th St. from Southern to Hidalgo Ave. East on Hidalgo Ave, follow to property.
  • Attribution Contact: 480-510-4555
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: lgry01
  • Co List Office Phone: 480-510-4555
  • Subdivision Name: Suburban Gardens
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 6334.0
  • Additional Parcels: No
  • Parcel #: 113-57-047
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 253.0
  • Tax Book Number: 113.00
  • Tax Lot: 15
  • Tax Map Number: 57.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2021
Sold by
Genaros Remodel Llc
Bought by
Morales Alfredo Navarrete
Total Days on Market
49
Current Estimated Value
$441,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Outstanding Balance
$309,299
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$132,590

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jun 25, 2018
Sold by
Tax Lien Due Diligence Llc
Bought by
Genaros Remodel Llc
Seller's Agent
Timothy Schutt
Wrangler Real Estate
Buyer's Agent
Ramiro Gonzalez
Prestige Realty
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.71%

Purchase Details

Closed on
Apr 9, 2018
Sold by
Soares Philipe Batisti
Bought by
Tax Line Due Diligence Llc

Purchase Details

Closed on
Jul 1, 2002
Sold by
Duran Andrew
Bought by
Duran Inez C
Source: Public Records

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Range of Values:

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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
Morales Alfredo Navarrete $358,000 Pioneer Title Agency Inc
Genaros Remodel Llc $40,000 North American Title Company
Tax Line Due Diligence Llc $11,794 None Available
Duran Inez C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Alfredo Navarrete $337,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2018 07/14/18 Sold $40,000 -11.1% --
06/13/2018 06/13/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $45,000 0.0% --
05/01/2018 05/01/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $45,000 -- --
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 $2,255 $17,121 -- --
2024 $2,186 $16,306 -- --
2023 $2,186 $28,920 $5,780 $23,140
2022 $2,141 $21,750 $4,350 $17,400
2021 $286 $4,995 $4,995 $0
2020 $282 $3,705 $3,705 $0
2019 $273 $3,000 $3,000 $0
2018 $266 $2,670 $2,670 $0
2017 $253 $2,145 $2,145 $0
2016 $241 $1,950 $1,950 $0
2015 $242 $2,160 $2,160 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5756550

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-57-047