NOT LISTED FOR SALE

748 E Pierce St Unit 13 Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $203,000 - $896,000

0.2 Acre
$2,545,000 Price per Acre
8,985 Sq Ft Lot

Last Sold March 27, 2015

Last sale price $87,000

Est. 485% increase in value since last sale

Current estimated payment $2,742/month

23 Days on Market

Highlights

  • The property is located in a historic district
  • Phoenix Coding Academy Rated A
  • No HOA

About This Lot

As of March 2015

CITY ZONING IS R5 AND COUNTY ZONING IS MULTI-FAMILY, HIGH DENSITY, PRIME, PRIME DOWNTOWN LOCATION.
UPCOMING COLLEGE AND ART DISTRICT. WALKING DISTANCE TO ASU DOWNTOWN, UofA MEDICAL SCHOOL,CHASE FIELD, MUSEUMS AND GALLERIES.
HISTORIC PRESERVATION NEIGHBORHOOD.
ARTS AND CULTURE ZONING OVERLAY TO ALLOW COMMERCIAL-RESIDENTIAL USE.

Last Agent to Sell the Property

Julie Nichols

Fiesta Realty License #SA019208000 Listed on: 02/19/2015

Last Buyer's Agent

Jose Fragoso

HomeSmart License #BR568208000

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,242

Lot Details

  • 8,985 Sq Ft Lot
  • Property is zoned R-5

Additional Features

  • North or South Exposure
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Churchill Annex Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 116-32-014

Property Details

Property Type

Land

Est. Annual Taxes

$1,242

Lot Details

0

Listing Details

  • Cross Street: 7th St and Van Buren
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Zoning: R-5
  • Tax Year: 2012
  • Lot Size Acres: 0.2
  • Road Surface Type: Asphalt, Dedicated Street
  • Subdivision Name: Churchill Annex
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Fencing: None
  • Lot Features: Historic District, North/South Exp
  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50X179
  • Lot Size Sq Ft: 8985.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 116-32-014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1242.0
  • Tax Book Number: 116.00
  • Tax Lot: 13
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2015
Closed on
Mar 18, 2015
Sold by
Pierce Property Llc
Bought by
Lee Suk Yong and Lee Ok Soon
Seller's Agent
Julie Nichols
Fiesta Realty
Buyer's Agent
Jose Fragoso
HomeSmart
List Price
$95,000
Sold Price
$87,000
Premium/Discount to List
-$8,000
-8.42%
Current Estimated Value
$509,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,000
Avg. Annual Appreciation
17.82%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Gannon Harley E
Bought by
Pierce Property Llc

Purchase Details

Closed on
Jun 15, 2011
Sold by
Robinett Ronald D
Bought by
Gannon Harley E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2008
Sold by
Robinett Ronald D
Bought by
Robinett Ronald D and Willms Roger

Purchase Details

Closed on
Mar 8, 2005
Sold by
Glass Richard and Glass Barbara L
Bought by
Robinett Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.61%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 17, 2002
Sold by
Sun Valley Financial Services Of Phoenix
Bought by
Glass Richard and Glass Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000
Interest Rate
6.03%
Mortgage Type
Assumption

Purchase Details

Closed on
Aug 21, 2002
Sold by
Bracken Reid
Bought by
Sun Valley Financial Svcs Of Phoenix Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Suk Yong $87,000 Chicago Title Agency Inc
Pierce Property Llc -- None Available
Gannon Harley E $65,000 First American Title Ins Co
Robinett Ronald D -- None Available
Robinett Ronald D $105,000 Westland Title Agency Of Az
Glass Richard $18,000 North American Title Co
Sun Valley Financial Svcs Of Phoenix Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gannon Harley E $200,000
Previous Owner Robinett Ronald D $80,000
Previous Owner Glass Richard $9,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2015 03/27/15 Sold $87,000 -8.4% --
03/14/2015 03/14/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $95,000 -- --
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 $900 $6,337 $6,337 --
2024 $839 $6,035 $6,035 --
2023 $839 $36,165 $36,165 $0
2022 $809 $22,905 $22,905 $0
2021 $803 $20,070 $20,070 $0
2020 $813 $16,590 $16,590 $0
2019 $811 $11,445 $11,445 $0
2018 $797 $8,805 $8,805 $0
2017 $779 $5,175 $5,175 $0
2016 $757 $4,710 $4,710 $0
2015 $747 $5,024 $5,024 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Julie Nichols

    Fiesta Realty

    Section Image
  • Jose Fragoso

    Buyer's Agent in 2015

    Jose Fragoso

    HomeSmart

    (602) 509-7243

    34 Total Sales

    Jose Fragoso
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5239137

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-32-014

Arizona Maricopa County Phoenix 85006 Garfield

748 E Pierce St Unit 13, Phoenix, AZ

Not Listed for Sale

Lots

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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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