NOT LISTED FOR SALE

Estimated Value: $799,739

1.84 Acres
$434,641 Price per Acre
80,150 Sq Ft Lot

Last Sold November 26, 2024

Last sale price $600,000

Est. 33% increase in value since last sale

Current estimated payment $4,399/month

56 Days on Market

About This Lot

As of November 2024

Opportunity to jump on a large parcel with a R-3 zoning in hot area of Phoenix. Developers' opportunity to build on a 1.83-acre parcel with the ability to build 14.5 units per acre. All utilities on property including sewer. Property is located within minutes to South Mountain Community college, Roosevelt pool and Reposo Park

Last Agent to Sell the Property

Daniel Saucedo

NextHome Locations License #SA579061000 Listed on: 08/09/2024

NextHome Locations

Last Buyer's Agent

Colin Kreager

ABI Multifamily License #SA693849000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,705

Lot Details

  • 1.84 Acre Lot
  • Property is zoned R-3

Community Details

  • No Home Owners Association
  • Estrella Rancho Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 114-25-016

Property Details

Property Type

Land

Est. Annual Taxes

$2,705

Lot Details

1.84 Acres

Listing Details

  • Cross Street: 7th St & Southern
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: R-3
  • Tax Year: 2024
  • Lot Size Acres: 1.84
  • Subdivision Name: ESTRELLA RANCHO
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Disclosures: None

Utilities

  • Electric: Other (See Rmks), City Electric
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 307 x 291
  • Lot Size Sq Ft: 80000.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 114-25-016

Tax Info

  • Tax Annual Amount: 2705.0
  • Tax Book Number: 114.00
  • Tax Lot: 6
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
6419 S 7Th Llc
Bought by
Tampa Francisca Diaz
Current Estimated Value
$799,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Outstanding Balance
$527,737
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$272,002

Purchase Details

Listed on
Aug 9, 2024
Closed on
Nov 23, 2024
Sold by
Greater All Nation Pentecost Church Of J
Bought by
6419 S 7Th Llc
Seller's Agent
Daniel Saucedo
NextHome Locations
Buyer's Agent
Colin Kreager
ABI Multifamily
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.95%
Original Mortgage
$530,000
Interest Rate
6.32%
Mortgage Type
New Conventional
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
Tampa Francisca Diaz $823,000 First Integrity Title Agency O
6419 S 7Th Llc $600,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tampa Francisca Diaz $530,000
Previous Owner 6419 S 7Th Llc $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $600,000 -6.3% --
09/25/2024 09/25/24 Price Changed $640,000 -1.5% --
08/09/2024 08/09/24 For Sale $650,000 -- --
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 $2,858 $18,954 $18,954 --
2024 $2,705 $18,052 $18,052 --
2023 $2,705 $55,035 $55,035 $0
2022 $2,651 $39,270 $39,270 $0
2021 $2,705 $32,085 $32,085 $0
2020 $2,671 $26,055 $26,055 $0
2019 $2,288 $17,775 $16,665 $1,110
2018 $2,226 $16,560 $15,420 $1,140
2017 $2,122 $17,175 $16,065 $1,110
2016 $2,018 $16,140 $15,015 $1,125
2015 $2,722 $15,810 $10,010 $5,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6742117

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-25-016

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