NOT LISTED FOR SALE

7302 W Thomas Rd Phoenix, AZ 85033

Estimated Value: $1,816,822 - $3,174,000

4 Acres
$623,853 Price per Acre
174,240 Sq Ft Lot

Last Sold July 14, 2017

Last sale price $1,117,000 $1,027 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $13,230/month

401 Days on Market

Highlights

  • Barn
  • Stables
  • Shed
  • Phoenix Coding Academy Rated A
  • No HOA

About This Lot

As of July 2017

Superb location and opportunity! 2 parcels to be sold together to make approximately 4 acres of land ready for redevelopment. Look around at all of the commercial revitalization and new home infills. Currently R1-4 Zoning but the site has been designated as Commercial under the Phoenix General Plan making the site ideal for professional and retail development.

Last Agent to Sell the Property

Roberta Voss

RE/MAX Professionals License #BR528165000 Listed on: 02/06/2016

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,351

Lot Details

  • 4 Acre Lot
  • Chain Link Fence
  • Additional Parcels
  • Property is zoned R1-4

Schools

  • G. Frank Davidson Elementary School
  • Estrella Middle School
  • Trevor Browne High School

Additional Features

  • North or South Exposure
  • Barn
  • Stables

Listing and Financial Details

  • Assessor Parcel Number 102-21-011-J

Community Details

Overview

  • No Home Owners Association
  • Maricopa Land Settlement Tr Subdivision

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$1,351

Lot Details

0

Listing Details

  • Cross Street: Thomas and 75th Ave
  • Legal Info Range: 1E
  • Property Type: Land
  • Zoning: R1-4
  • Tax Year: 2015
  • Directions: East on Thomas. Property is on the north side of the road.
  • Lot Size Acres: 4.0
  • Subdivision Name: MARICOPA LAND SETTLEMENT TR
  • Tax Parcel Letter: J
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Retail, Commercial, Office, Pad Site

Exterior Features

  • Fencing: Chain Link
  • Lot Features: North/South Exp
  • Disclosures: None
  • Other Structures: Shed(s), Stable(s), Barn(s)

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: G. Frank Davidson
  • High School: Trevor Browne High School
  • Middle Or Junior School: Estrella Middle School

Lot Info

  • Lot Size: 593.41x298.675
  • Lot Size Sq Ft: 174200.0
  • Additional Parcels: Yes
  • Parcel #: 102-21-011-J
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1351.0
  • Tax Book Number: 102.00
  • Tax Lot: 0
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2016
Closed on
Jul 7, 2017
Sold by
Burkhalter Fred W and Wallace Margaret Rose
Bought by
Phoenix Union High School District
Seller's Agent
Roberta Voss
RE/MAX Professionals
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,525,000
Sold Price
$1,117,000
Premium/Discount to List
-$408,000
-26.75%
Current Estimated Value
$2,495,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,378,411

Purchase Details

Closed on
Aug 30, 2005
Sold by
Estate Of Rita J Burkhalter
Bought by
Burkhalter Fred and Wallace Margaret Rose
Source: Public Records

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
Phoenix Union High School District $865,675 Fidelity National Title Agen
Burkhalter Fred -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $1,117,000 -26.8% $1,027 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
02/03/2016 02/03/16 For Sale $1,525,000 -- $1,402 / Sq Ft
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 -- $34,052 $34,052 --
2024 -- $32,430 $32,430 --
2023 $0 $65,715 $65,715 $0
2022 $0 $36,780 $7,350 $29,430
2021 $0 $34,995 $6,990 $28,005
2020 $0 $29,625 $5,925 $23,700
2019 $0 $27,870 $5,565 $22,305
2018 $0 $15,300 $3,060 $12,240
2017 $1,534 $13,510 $2,700 $10,810
2016 $1,465 $9,810 $1,960 $7,850
2015 $1,351 $9,000 $1,800 $7,200
Source: Public Records

Agents Affiliated with this Home

  • Roberta Voss

    Seller's Agent in 2017

    Roberta Voss

    RE/MAX

    (602) 697-0730

    113 Total Sales

    Roberta Voss
    Section Image

  • N

    Buyer's Agent in 2017

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5394762

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-21-011J

Arizona Maricopa County Phoenix 85033

7302 W Thomas Rd, Phoenix, AZ

This home is located at 7302 W Thomas Rd, Phoenix, AZ 85033 since 06 February 2016 and is currently estimated at $2,495,411, approximately $2,293 per square foot. 7302 W Thomas Rd is a home located in Maricopa County with nearby schools including G. Frank Davidson, Estrella Middle School, and Trevor Browne 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

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