NOT LISTED FOR SALE

Estimated Value: $702,000 - $877,626

0.33 Acre
$2,404,264 Price per Acre
14,375 Sq Ft Lot

Last Sold June 03, 2022

Last sale price $725,000

Est. 9% increase in value since last sale

Current estimated payment $4,184/month

8 Days on Market

Highlights

  • The property is located in a historic district
  • 0.33 Acre Lot
  • Level Lot
  • Phoenix Coding Academy Rated A
  • No HOA
  • East or West Exposure

About This Lot

As of June 2022

709 S. 3rd Street features a duplex built in 1936 on a double lot with DTC-WARE zoning in an Opportunity Zone. Total lot size is 14,528 sq feet, which includes 2 parcels (112-32-057 & 112-32-074). With the ability to remodel the existing multi-family or redevelop the property, there is no limit on potential. The property is across the street from Bentley Projects and within blocks of Galvanize, Footprint Center, Chase Field and greater downtown Phoenix. Whatever your project needs, the Warehouse Character Area offers a ton of flexibility while being close to transit and the heart of the city.

Last Agent to Sell the Property

Stacy Fitzgerald

BLD Real Estate License #BR572835000 Listed on: 04/29/2022

Last Buyer's Agent

Michael Graham

Compass License #SA547897000

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $715

Lot Details

  • 0.33 Acre Lot
  • East or West Exposure
  • Level Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned DTC-WARE

Additional Features

  • Residence on Property
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Linvilles Addition Unnumbered Subdivision

Listing and Financial Details

  • Assessor Parcel Number 112-32-057

Property Details

Property Type

Land

Est. Annual Taxes

$715

Lot Details

0

Listing Details

  • Cross Street: 7th Street and Grant Street
  • Legal Info Range: 3E
  • Property Type: Land
  • Topography: Level
  • Zoning: DTC-WARE
  • Tax Year: 2021
  • Horses: No
  • Lot Size Acres: 0.33
  • Subdivision Name: LINVILLES ADDITION UNNUMBERED
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Retail, Multi-Family, Commercial, Industrial, Office

Exterior Features

  • Fencing: Other
  • Lot Features: East/West Exposure, Historic District
  • Disclosures: None
  • Other Structures: Residence

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 142 x 103
  • Lot Size Sq Ft: 14528.0
  • Number Of Lots: 2
  • Additional Parcels: Yes
  • Parcel #: 112-32-057

Tax Info

  • Tax Annual Amount: 715.0
  • Tax Book Number: 112.00
  • Tax Lot: -
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 1, 2022
Sold by
Maggie Walters Llc
Bought by
Gamboa Alexander
Seller's Agent
Stacy Fitzgerald
BLD Real Estate
Buyer's Agent
Michael Graham
Compass
List Price
$650,000
Sold Price
$725,000
Premium/Discount to List
$75,000
11.54%
Current Estimated Value
$793,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,407
Avg. Annual Appreciation
2.51%
Original Mortgage
$625,000
Outstanding Balance
$592,058
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$201,349

Purchase Details

Closed on
Jul 25, 2017
Sold by
Sapien Beatrice
Bought by
Maggie Walters Llc

Purchase Details

Closed on
Mar 15, 2011
Sold by
Sapien Dominic Andrew Sancedo Beatrice
Bought by
Sapien Beatrice
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
Gamboa Alexander $725,000 Thomas Title & Escrow Llc
Maggie Walters Llc $235,000 Security Title Agency Inc
Sapien Beatrice -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamboa Alexander $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $725,000 +11.5% --
05/06/2022 05/06/22 Pending -- -- --
04/28/2022 04/28/22 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 $720 $5,067 -- --
2024 $671 $4,825 -- --
2023 $671 $21,760 $2,340 $19,420
2022 $647 $16,370 $1,760 $14,610
2021 $642 $13,780 $1,480 $12,300
2020 $650 $10,910 $1,170 $9,740
2019 $649 $9,130 $980 $8,150
2018 $638 $6,830 $730 $6,100
2017 $623 $6,410 $690 $5,720
2016 $605 $5,260 $560 $4,700
2015 $487 $5,220 $560 $4,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6391800

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-32-057