NOT LISTED FOR SALE

755 W Illini St Unit 5 Phoenix, AZ 85041

South Mountain Neighborhood

Estimated Value: $321,000 - $371,000

0.15 Acre
$2,324,893 Price per Acre
6,396 Sq Ft Lot

Last Sold June 29, 2018

Last sale price $25,000

Est. 1,295% increase in value since last sale

Current estimated payment $2,004/month

1 Day on Market

About This Lot

As of June 2018

Zoned Multi-family and there are 2 lots side by side for sale with almost 100' of frontage on Illini St. These lots are a little over 127 feet deep for a total of just under 1/3 acre when both lots are combined. There are other multi-family homes in the community along with many single family homes. Previous home on these 2 parcels has been removed. Great proximity to Phoenix, freeways and employment!

Last Agent to Sell the Property

Cindy Flowers

Keller Williams Integrity First License #BR006158000 Listed on: 05/24/2018

Keller Williams Integrity First

Last Buyer's Agent

Ramiro Gonzalez

Prestige Realty License #BR568659000

Prestige Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $253

Lot Details

  • 6,396 Sq Ft Lot
  • Additional Parcels
  • Property is zoned R3

Eco-Friendly Details

  • North or South Exposure

Schools

  • Sunland Elementary School
  • Cesar Chavez High Middle School
  • Cesar Chavez High School

Community Details

  • No Home Owners Association
  • Frances Margaret Sub. Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 113-02-005

Property Details

Property Type

Land

Est. Annual Taxes

$253

Lot Details

0

Listing Details

  • Cross Street: Broadway & 7th Ave
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land, Subdivision Plat Apv
  • Zoning: R3
  • Tax Year: 2017
  • Directions: North on 7th Ave from Broadway, West on Illini to two lots for sale on south side.
  • Lot Size Acres: 0.15
  • Road Surface Type: Asphalt
  • Subdivision Name: FRANCES MARGARET SUB.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Sunland Elementary School
  • High School: Cesar Chavez High School
  • Middle Or Junior School: Cesar Chavez High School

Lot Info

  • Lot Size: 50x127
  • Lot Size Sq Ft: 6396.0
  • Number Of Lots: 1
  • Additional Parcels: Yes
  • Parcel #: 113-02-005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 253.0
  • Tax Book Number: 113.00
  • Tax Lot: 5
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Sj & Me Llc
Bought by
Gomez Salvador M and Leyva Francisca I
Current Estimated Value
$348,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,474
Outstanding Balance
$323,988
Interest Rate
3.01%
Mortgage Type
FHA
Estimated Equity
$24,746

Purchase Details

Listed on
May 24, 2018
Closed on
Jun 26, 2018
Sold by
Barnhart Dorothy Irene and Estate Of Randlolph Lee Barnha
Bought by
Sj & Me Llc
Seller's Agent
Cindy Flowers
Keller Williams Integrity First
Buyer's Agent
Ramiro Gonzalez
Prestige Realty
List Price
$25,000
Sold Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.48%
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
Gomez Salvador M $359,995 Lawyers Title Of Arizona Inc
Sj & Me Llc $50,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Salvador M $353,474
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $25,000 0.0% --
05/25/2018 05/25/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $25,000 -- --
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 $1,856 $14,093 -- --
2024 $1,800 $13,422 -- --
2023 $1,800 $23,420 $4,680 $18,740
2022 $1,762 $18,170 $3,630 $14,540
2021 $286 $4,185 $4,185 $0
2020 $282 $3,150 $3,150 $0
2019 $273 $3,030 $3,030 $0
2018 $266 $2,700 $2,700 $0
2017 $253 $2,160 $2,160 $0
2016 $241 $1,965 $1,965 $0
2015 $242 $2,176 $2,176 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy Flowers

    Seller's Agent in 2018

    Cindy Flowers

    Keller Williams Integrity First

    (602) 692-7205

    176 Total Sales

    Cindy Flowers
    Section Image
  • Ramiro Gonzalez

    Buyer's Agent in 2018

    Ramiro Gonzalez

    Prestige Realty

    (480) 593-8438

    6 in this area

    189 Total Sales

    Ramiro Gonzalez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5770654

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-02-005

Arizona Maricopa County Phoenix 85041 South Mountain

755 W Illini St Unit 5, Phoenix, AZ

This home is located at 755 W Illini St Unit 5, Phoenix, AZ 85041 since 24 May 2018 and is currently estimated at $348,734. 755 W Illini St Unit 5 is a home located in Maricopa County with nearby schools including Cesar E Chavez Community School, Cesar Chavez High School, and Phoenix Coding Academy.

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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