NOT LISTED FOR SALE

Estimated Value: $1,026,000 - $2,474,000

5.71 Acres
$340,464 Price per Acre
248,728 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $725,000

Est. 168% increase in value since last sale

Current estimated payment $10,667/month

78 Days on Market

Highlights

  • 5.71 Acre Lot
  • Mountain View
  • No HOA
  • Phoenix Coding Academy Rated A

About This Lot

As of September 2021

PRIME In-Fill Vacant Land Parcel zoned R1-10. Parcel is 5.71 acres.

Perfectly suited for R1-10 Residential development, Charter School or Church. A preliminary plat is approved for (17) R1-10 Lots.

This property is priced to sell quickly at $140,000/acre, no long escrows will be considered. Seller is seeking a quick escrow with title, survey and environmental review followed by a close.

The Phoenix/Laveen market has been on fire since the opening of the new 202 South Mountain Fwy, many new subdivisions are popping up in the area along with new commercial and entertainment options. This is a great community with easy access to employment corridors along I-10 and downtown Phoenix.

One or more members of the selling entity hold real estate licenses in the State of Arizona.

Last Agent to Sell the Property

Kent Baker

City to City Commercial License #SA517863000 Listed on: 06/22/2021

Last Buyer's Agent

Ali Ozer

Coldwell Banker Realty License #BR629774000

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,140

Lot Details

  • 5.71 Acre Lot
  • Property is zoned R1-10

Property Views

  • Mountain Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 300-17-004-L

Property Details

Property Type

Land

Est. Annual Taxes

$4,140

Lot Details

0

Listing Details

  • Cross Street: 19th Ave & Baseline Rd
  • Legal Info Range: 2E
  • Property Type: Land
  • Zoning: R1-10
  • Tax Year: 2020
  • Directions: South on 19th Avenue approximately 1/4 mile to property located on the west side of 19th Avenue.
  • Lot Size Acres: 5.71
  • Tax Parcel Letter: L
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Mountain View(s)
  • Disclosures: ALTA Survey Alba
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: Square Rectangle
  • Lot Size Sq Ft: 248597.0
  • Additional Parcels: No
  • Parcel #: 300-17-004-L
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4140.0
  • Tax Book Number: 300.00
  • Tax Lot: -
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Sep 27, 2021
Sold by
Aldahabi Salma Abdelrahim
Bought by
Lathgani Moe
Seller's Agent
Kent Baker
City to City Commercial
Buyer's Agent
Ali Ozer
Coldwell Banker Realty
List Price
$800,000
Sold Price
$725,000
Premium/Discount to List
-$75,000
-9.38%
Current Estimated Value
$1,944,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,219,052
Avg. Annual Appreciation
30.64%
Original Mortgage
$543,750
Outstanding Balance
$501,198
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,610,841

Purchase Details

Listed on
Jun 22, 2021
Closed on
Sep 24, 2021
Sold by
19Th Avenue Partners Llc
Bought by
Lathgani Moe
Seller's Agent
Kent Baker
City to City Commercial
Buyer's Agent
Ali Ozer
Coldwell Banker Realty
List Price
$800,000
Sold Price
$725,000
Premium/Discount to List
-$75,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Outstanding Balance
$501,198
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,610,841

Purchase Details

Closed on
Apr 4, 2016
Sold by
Morgan Charles F and Morgan Patricia A
Bought by
19Th Avenue Partners Llc

Purchase Details

Closed on
May 7, 2010
Sold by
Mfm Group Llc
Bought by
Morgan Charles F and Morgan Patricia A

Purchase Details

Closed on
Jun 21, 2005
Sold by
Padilla Manuel Diaz and Padilla Manuela
Bought by
Mfm Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2004
Sold by
Ocampo Castillo Margie
Bought by
Padilla Manuel Diaz and Padilla Manuela

Purchase Details

Closed on
Aug 30, 2002
Sold by
Ocampo Margie E
Bought by
The Ocampo Castillo Family Trust

Purchase Details

Closed on
May 25, 2001
Sold by
Padilla Manuel
Bought by
Castillo Margie Ocampo

Purchase Details

Closed on
May 27, 1998
Sold by
Tmg Investment Llc
Bought by
Padilla Manuel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.17%
Mortgage Type
Seller Take Back
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
Lathgani Moe -- Dhi Title Agency
Lathgani Moe $725,000 Dhi Title Agency
19Th Avenue Partners Llc $228,280 Chicago Title Agency Inc
Morgan Charles F $100,000 Empire West Title Agency
Mfm Group Llc $600,000 Title Security Agency Of Az
Padilla Manuel Diaz -- Land Title Agency
The Ocampo Castillo Family Trust -- Arizona Title Agency Inc
Castillo Margie Ocampo $133,000 Fidelity National Title
Padilla Manuel D $120,000 Century Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lathgani Moe $543,750
Closed Lathgani Moe $543,750
Previous Owner Mfm Group Llc $385,000
Previous Owner Padilla Manuel D $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $725,000 -9.4% --
09/01/2021 09/01/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $800,000 -- --
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 $4,315 $29,375 $29,375 --
2024 $4,192 $27,976 $27,976 --
2023 $4,192 $67,875 $67,875 $0
2022 $4,108 $52,305 $52,305 $0
2021 $4,192 $108,795 $108,795 $0
2020 $4,140 $77,430 $77,430 $0
2019 $4,006 $60,450 $60,450 $0
2018 $3,898 $52,260 $52,260 $0
2017 $3,715 $38,445 $38,445 $0
2016 $3,534 $36,870 $36,870 $0
2015 $3,548 $35,536 $35,536 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6254225

Arizona Regional Multiple Listing Service (ARMLS)

APN: 300-17-004L