802 N 15th Ave Unit 24, 25 Phoenix, AZ 85007
Central City NeighborhoodEstimated Value: $331,359
0.32
Acre
$1,035,497
Price per Acre
13,939
Sq Ft Lot
About This Lot
As of December 2022802 North 15th Avenue is a prime development opportunity located
just west of Downtown Phoenix. The parcel is located just west of 7th
Avenue and a block south of West Roosevelt Street. It is a quick bike
ride to Roosevelt Row and walking distance to the gentrifying, eclectic
Grand Avenue Arts District. Before completion of the interstate, Grand
Avenue was the gateway to Los Angeles. Today, the diagonal roadway
has morphed into the city's most boho, free-spirited downtown district,
with storefronts and commercial buildings filled with galleries, cafés,
yoga studios, and nightlife spots. On Grand Avenue, no space is
exempt from being a site for public art. That includes a strip on Grand
Avenue and McKinley Street, where a multicolored sidewalk is shaded
by trees.... ...covered in afghans and puffballs hang from the branches
in addition to a variety of murals around this major thoroughfare.
Additionally, you'll also find an array of artist studios and mom-and-pop shops and note this as a place where workspaces and storefronts
collide. Hunt down records at Grand Avenue Records, sip on coffee
and view local artwork at Belhaus, and find some new plant babies at the Instagram-friendly Pueblo. The property is also just under one mile from the heart of downtown Phoenix, and roughly one mile to the nearest Light Rail Station. It is minutes to the Stadium District, the Downtown Biomedical Campus, ASU Downtown Campus, in addition to the I-10 Freeway, giving residents easy access to all areas of Metropolitan Phoenix. This location is as central as it gets and allows residents to enjoy, with ease, so much of what Phoenix has to offer. With many dining, shopping, and entertainment options, as well as multiple freeway access points and light rail stations within minutes, this property will
prove to be a phenomenal development opportunity in a fantastic
central location. 802 North 15th Avenue is a 14,000 square foot lot with a variety of different development opportunities. The current zoning is C-2 which would allow for approximately 6-7 units, but the seller would be willing to give someone time to change the zoning to a higher density if desired. A piece of this site offers a buyer a bite-sized development opportunity in a strong central location with many different options.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,552
Year Built
- 1998
Lot Details
- 0.32 Acre Lot
- Property is zoned C2
Community Details
- No Home Owners Association
- Homestead Place 3 Subdivision
Listing and Financial Details
- Tax Lot 24, 25
- Assessor Parcel Number 111-25-047-B
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2022
Closed on
Dec 30, 2022
Sold by
Farallon Holdings Llc
Bought by
Broadeedge Llc
Seller's Agent
John Klocek
ABI Multifamily
Buyer's Agent
Julian Felix
ProSmart Realty
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Total Days on Market
165
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,359
Avg. Annual Appreciation
2.73%
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Similar Properties in Phoenix, AZ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Broadeedge Llc | $310,000 | Magnus Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2022 12/30/22 | Sold | $310,000 | -4.6% | -- |
| 11/02/2022 11/02/22 | For Sale | $325,000 | +4.8% | -- |
| 11/02/2022 11/02/22 | Off Market | $310,000 | -- | -- |
| 06/07/2022 06/07/22 | For Sale | $325,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $3,435 | $24,909 | -- | -- |
| 2024 | $3,505 | $24,465 | -- | -- |
| 2023 | $3,505 | $44,268 | $39,508 | $4,760 |
| 2022 | $3,480 | $33,216 | $28,823 | $4,393 |
| 2021 | $3,552 | $34,110 | $29,646 | $4,464 |
| 2020 | $3,593 | $30,078 | $25,542 | $4,536 |
Source: Public Records
Agents Affiliated with this Home
-
John Klocek
Seller's Agent in 2022
John Klocek
ABI Multifamily
(602) 639-0088
1 in this area
23 Total Sales
-
Patrick Burch
Seller Co-Listing Agent in 2022
Patrick Burch
ABI Multifamily
(520) 603-1768
2 in this area
38 Total Sales
-
Julian Felix
J
Buyer's Agent in 2022
Julian Felix
ProSmart Realty
(480) 258-2861
1 in this area
4 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6412805
APN: 111-25-047B
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.
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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